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HEALTHCARE BILLING SERVICES, INC. 401k Plan overview

Plan NameHEALTHCARE BILLING SERVICES, INC.
Plan identification number 001

HEALTHCARE BILLING SERVICES, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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

HEALTHCARE BILLING SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:HEALTHCARE BILLING SERVICES, INC.
Employer identification number (EIN):311265221
NAIC Classification:541219
NAIC Description:Other Accounting Services

Additional information about HEALTHCARE BILLING SERVICES, INC.

Jurisdiction of Incorporation: Alabama Secretary of State
Incorporation Date: 1995-03-17
Company Identification Number: 170-713
Legal Registered Office Address: 2813 MALL DR FLORENCE,


United States of America (USA)
35630

More information about HEALTHCARE BILLING SERVICES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTHCARE BILLING SERVICES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DANIEL THOMAS2023-07-24 DANIEL THOMAS2023-07-24
0012021-01-01KELLY SHAEFFER2022-07-07 KELLY SHAEFFER2022-07-07
0012020-01-01KELLY S SHAEFFER2021-06-17 KELLY S SHAEFFER2021-06-17
0012019-01-01KELLY SHAEFFER2020-07-12 KELLY SHAEFFER2020-07-12
0012018-01-01DANIEL THOMAS2019-07-03 DANIEL THOMAS2019-07-03
0012017-01-01DANIEL THOMAS2018-05-23 DANIEL THOMAS2018-05-23
0012016-01-01DANIEL THOMAS2017-06-19 DANIEL THOMAS2017-06-19
0012015-01-01DANIEL THOMAS2016-05-10 DANIEL THOMAS2016-05-10
0012014-01-01DANIEL THOMAS2015-06-22 DANIEL THOMAS2015-06-22
0012014-01-01DANIEL THOMAS2015-05-11 DANIEL THOMAS2015-05-11
0012013-01-01DANIEL THOMAS2014-07-16 DANIEL THOMAS2014-07-16
0012012-01-01DANIEL THOMAS
0012011-01-01DANIEL THOMAS
0012010-01-01DANIEL THOMAS
0012009-01-01DANIEL THOMAS

Plan Statistics for HEALTHCARE BILLING SERVICES, INC.

401k plan membership statisitcs for HEALTHCARE BILLING SERVICES, INC.

Measure Date Value
2012: HEALTHCARE BILLING SERVICES, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-0125
Total number of active participants reported on line 7a of the Form 55002012-01-0116
Number of retired or separated participants receiving benefits2012-01-019
Total of all active and inactive participants2012-01-0125
Total participants2012-01-0125
Number of participants with account balances2012-01-0125
2011: HEALTHCARE BILLING SERVICES, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-0130
Total number of active participants reported on line 7a of the Form 55002011-01-0110
Number of retired or separated participants receiving benefits2011-01-0115
Total of all active and inactive participants2011-01-0125
Total participants2011-01-0125
Number of participants with account balances2011-01-0125
2010: HEALTHCARE BILLING SERVICES, INC. 2010 401k membership
Total participants, beginning-of-year2010-01-0130
Total number of active participants reported on line 7a of the Form 55002010-01-0117
Number of retired or separated participants receiving benefits2010-01-0113
Total of all active and inactive participants2010-01-0130
Total participants2010-01-0130
Number of participants with account balances2010-01-0130
2009: HEALTHCARE BILLING SERVICES, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-0127
Total number of active participants reported on line 7a of the Form 55002009-01-0121
Number of retired or separated participants receiving benefits2009-01-019
Total of all active and inactive participants2009-01-0130
Total participants2009-01-0130
Number of participants with account balances2009-01-0130

Financial Data on HEALTHCARE BILLING SERVICES, INC.

Measure Date Value
2012 : HEALTHCARE BILLING SERVICES, INC. 2012 401k financial data
Total income from all sources2012-12-31$89,573
Expenses. Total of all expenses incurred2012-12-31$6,496
Benefits paid (including direct rollovers)2012-12-31$3,816
Total plan assets at end of year2012-12-31$514,074
Total plan assets at beginning of year2012-12-31$430,997
Value of fidelity bond covering the plan2012-12-31$70,000
Total contributions received or receivable from participants2012-12-31$26,018
Other income received2012-12-31$63,555
Net income (gross income less expenses)2012-12-31$83,077
Net plan assets at end of year (total assets less liabilities)2012-12-31$514,074
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$430,997
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$2,680
2011 : HEALTHCARE BILLING SERVICES, INC. 2011 401k financial data
Total income from all sources2011-12-31$25,542
Expenses. Total of all expenses incurred2011-12-31$101,928
Benefits paid (including direct rollovers)2011-12-31$96,330
Total plan assets at end of year2011-12-31$430,997
Total plan assets at beginning of year2011-12-31$507,383
Value of fidelity bond covering the plan2011-12-31$70,000
Total contributions received or receivable from participants2011-12-31$34,373
Expenses. Other expenses not covered elsewhere2011-12-31$5,598
Other income received2011-12-31$-8,831
Net income (gross income less expenses)2011-12-31$-76,386
Net plan assets at end of year (total assets less liabilities)2011-12-31$430,997
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$507,383
2010 : HEALTHCARE BILLING SERVICES, INC. 2010 401k financial data
Total income from all sources2010-12-31$116,981
Expenses. Total of all expenses incurred2010-12-31$7,865
Benefits paid (including direct rollovers)2010-12-31$2,610
Total plan assets at end of year2010-12-31$507,383
Total plan assets at beginning of year2010-12-31$398,267
Value of fidelity bond covering the plan2010-12-31$70,000
Total contributions received or receivable from participants2010-12-31$36,521
Expenses. Other expenses not covered elsewhere2010-12-31$5,255
Other income received2010-12-31$61,391
Net income (gross income less expenses)2010-12-31$109,116
Net plan assets at end of year (total assets less liabilities)2010-12-31$507,383
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$398,267
Total contributions received or receivable from employer(s)2010-12-31$19,069

Form 5500 Responses for HEALTHCARE BILLING SERVICES, INC.

2012: HEALTHCARE BILLING SERVICES, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: HEALTHCARE BILLING SERVICES, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: HEALTHCARE BILLING SERVICES, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: HEALTHCARE BILLING SERVICES, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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