401k Plan data: PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM plan

PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM 401k Plan overview

Plan Name	PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM
Plan identification number	001

PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM Benefits

401k Plan Type

Defined 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

RECLEIM LLC has sponsored the creation of one or more 401k plans.

Company Name: RECLEIM LLC

Employer identification number (EIN): 364729178

NAIC Classification: 423930
NAIC Description: Recyclable Material Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 PETE DAVIS 2022-10-07
001 2021-01-01 PETE DAVIS 2022-10-07
001 2019-01-01 NATALIE MALIN-DAVIS 2020-02-26
001 2018-01-01 NATALIE MALIN-DAVIS 2019-03-25
001 2017-01-01 NATALIE MALIN-DAVIS 2018-10-10

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-01-01	PETE DAVIS	2022-10-07
001	2021-01-01	PETE DAVIS	2022-10-07
001	2019-01-01	NATALIE MALIN-DAVIS	2020-02-26
001	2018-01-01	NATALIE MALIN-DAVIS	2019-03-25
001	2017-01-01	NATALIE MALIN-DAVIS	2018-10-10

Plan Statistics for PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM

401k plan membership statisitcs for PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM

Measure Date Value
2022: PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM 2022 401k membership
Total number of particpants at beginning of year 2022-10-07 52
Total number of particpants at end of year 2022-10-07 54
Number of Participants With Account Balances 2022-10-07 5

Measure	Date	Value
2022: PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM 2022 401k membership
Total number of particpants at beginning of year	2022-10-07	52
Total number of particpants at end of year	2022-10-07	54
Number of Participants With Account Balances	2022-10-07	5

Financial Data on PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM

Measure	Date	Value
2022 : PAYENTRY FINANCIAL SERVICES INC MULTIPLE EMPLOYER 401(K) PLAN-RCLM 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-10-07	67294
Net assets as of the end of the plan year	2022-10-07	29110
Total assets as of the beginning of the plan year	2022-10-07	84498
Value of plan covered by a fidelity bond	2022-10-07	500000
Other income to plan in this plan year	2022-10-07	11906
Plan net income in this plan year	2022-10-07	-55388
Net assets as of the end of the plan year	2022-10-07	29110
Net assets as of the beginning of the plan year	2022-10-07	84498
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-07	3112

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	RECLEIM LLC
Employer identification number (EIN):	364729178
NAIC Classification:	423930
NAIC Description:	Recyclable Material Merchant Wholesalers