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EMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC
Plan identification number 003

EMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ADVANTAGE CREDIT COUNSELING SERVICE INC has sponsored the creation of one or more 401k plans.

Company Name:ADVANTAGE CREDIT COUNSELING SERVICE INC
Employer identification number (EIN):251201741
NAIC Classification:522300
NAIC Description: Activities Related to Credit Intermediation

Additional information about ADVANTAGE CREDIT COUNSELING SERVICE INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 3804794

More information about ADVANTAGE CREDIT COUNSELING SERVICE INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-07-01HEATHER MURRAY2025-01-13
0032022-07-01HEATHER MURRAY2023-12-19
0032021-07-01HEATHER MURRAY2023-01-24
0032021-07-01HEATHER MURRAY2023-01-24
0032020-07-01HEATHER MURRAY2021-12-08
0032020-07-01HEATHER MURRAY2021-12-07
0032019-07-01HEATHER MURRAY2021-03-24
0032018-07-01HEATHER MURRAY2019-09-26
0032017-07-01HEATHER MURRAY2019-01-23
0032016-07-01HEATHER MURRAY2019-01-23
0032015-07-01HEATHER MURRAY2016-10-05 HEATHER MURRAY2016-10-05
0032014-07-01ALYSSA SHOOP2015-12-03 ALYSSA SHOOP2015-12-03
0032013-07-01ALYSSA SHOOP2015-08-11 ALYSSA SHOOP2015-08-11
0032012-07-01ALYSSA SHOOP2013-11-20 ALYSSA SHOOP2013-11-20
0032011-07-01NICHOLAS FORTUNATO2013-01-09 STEPHEN PIOTROWSKI2013-01-09
0032010-07-01NICHOLAS FORTUNATO2012-08-09 STEPHEN PIOTROWSKI2012-08-09

Financial Data on EMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC 2025 401k financial data
Total transfers to/from plan in this plan year2025-01-130
Total liabilities as of the end of the plan year2025-01-130
Total liabilities as of the beginning of the plan year2025-01-130
Total expenses incurred by plan in this plan year2025-01-1322314
Net assets as of the end of the plan year2025-01-131583574
Total assets as of the beginning of the plan year2025-01-131391753
Value of plan covered by a fidelity bond2025-01-13500000
Participant contributions to plan in this plan year2025-01-130
Other expenses paid from plan in this plan year2025-01-130
Other contributions to plan in this plan year2025-01-130
Other income to plan in this plan year2025-01-13175837
Plan net income in this plan year2025-01-13191821
Net assets as of the end of the plan year2025-01-131583574
Net assets as of the beginning of the plan year2025-01-131391753
Employer contributions to plan in this plan year2025-01-1338298
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-13188
2023 : EMPLOYEE BENEFIT PLAN OF ADVANTAGE CREDIT COUNSELING SERVICE INC 2023 401k financial data
Total transfers to/from plan in this plan year2023-01-240
Total liabilities as of the end of the plan year2023-01-240
Total liabilities as of the beginning of the plan year2023-01-240
Total expenses incurred by plan in this plan year2023-01-24165
Net assets as of the end of the plan year2023-01-241635469
Total assets as of the beginning of the plan year2023-01-241839584
Value of plan covered by a fidelity bond2023-01-24500000
Participant contributions to plan in this plan year2023-01-240
Other expenses paid from plan in this plan year2023-01-240
Other contributions to plan in this plan year2023-01-240
Other income to plan in this plan year2023-01-24-238270
Plan net income in this plan year2023-01-24-204115
Net assets as of the end of the plan year2023-01-241635469
Net assets as of the beginning of the plan year2023-01-241839584
Employer contributions to plan in this plan year2023-01-2434320
Expensese paid to adminstrative service provicers from plan in this plan year2023-01-24165

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