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HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 401k Plan overview

Plan NameHEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN
Plan identification number 001

HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HEALTH SYSTEMS COOPERATIVE LAUNDRIES has sponsored the creation of one or more 401k plans.

Company Name:HEALTH SYSTEMS COOPERATIVE LAUNDRIES
Employer identification number (EIN):411852028
NAIC Classification:812330
NAIC Description: Linen and Uniform Supply

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KYLE R ROBERTS2024-08-21
0012022-01-01KYLE ROBERTS2023-08-07 KYLE ROBERTS2023-08-07
0012021-01-01KYLE ROBERTS2022-07-18
0012020-01-01KYLE ROBERTS2021-06-01 KYLE ROBERTS2021-06-01
0012019-01-01KYLE ROBERTS2020-07-27 KYLE ROBERTS2020-07-27
0012018-01-01KYLE ROBERTS2019-08-08 KYLE ROBERTS2019-08-08
0012017-01-01KYLE ROBERTS2018-05-17 KYLE ROBERTS2018-05-17
0012016-01-01KYLE ROBERTS2017-07-14 KYLE ROBERTS2017-07-14
0012015-01-01KYLE R ROBERTS2016-07-26 KYLE R ROBERTS2016-07-26
0012014-01-01KYLE R ROBERTS2015-07-17 KYLE R ROBERTS2015-07-17
0012013-01-01KYLE ROBERTS2014-08-21 KYLE ROBERTS2014-08-21
0012012-01-01KYLE ROBERTS2013-08-28 KYLE ROBERTS2013-08-28
0012011-01-01KYLE ROBERTS2012-06-26 KYLE ROBERTS2012-06-26
0012010-01-01KYLE ROBERTS2011-07-26 KYLE ROBERTS2011-07-26

Plan Statistics for HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN

401k plan membership statisitcs for HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN

Measure Date Value
2025: HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-1275
Total number of particpants at end of year2025-09-1237
Number of Participants With Account Balances2025-09-1237
2024: HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-2188
Total number of particpants at end of year2024-08-2175
Number of Participants With Account Balances2024-08-2175
2022: HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-1870
Total number of particpants at end of year2022-07-1874
Number of Participants With Account Balances2022-07-1874

Financial Data on HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN

Measure Date Value
2025 : HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-12-2483268
Total expenses incurred by plan in this plan year2025-09-12139541
Net assets as of the end of the plan year2025-09-122612762
Total assets as of the beginning of the plan year2025-09-124412198
Value of plan covered by a fidelity bond2025-09-12500000
Participant contributions to plan in this plan year2025-09-12242563
Value of participant loans at end of plan year2025-09-12236288
Other income to plan in this plan year2025-09-12437235
Plan net income in this plan year2025-09-12683832
Net assets as of the end of the plan year2025-09-122612762
Net assets as of the beginning of the plan year2025-09-124412198
Employer contributions to plan in this plan year2025-09-12143575
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1217245
2024 : HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-08-210
Total expenses incurred by plan in this plan year2024-08-21365264
Net assets as of the end of the plan year2024-08-214412198
Total assets as of the beginning of the plan year2024-08-213640858
Value of plan covered by a fidelity bond2024-08-21500000
Participant contributions to plan in this plan year2024-08-21287020
Value of participant loans at end of plan year2024-08-21187311
Other contributions to plan in this plan year2024-08-2113130
Other income to plan in this plan year2024-08-21623867
Plan net income in this plan year2024-08-21771340
Net assets as of the end of the plan year2024-08-214412198
Net assets as of the beginning of the plan year2024-08-213640858
Employer contributions to plan in this plan year2024-08-21212587
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-2126086
2022 : HEALTH SYSYTEMS COOPERATIVE LAUNDRIES 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-07-180
Total expenses incurred by plan in this plan year2022-07-1893520
Net assets as of the end of the plan year2022-07-184089803
Total assets as of the beginning of the plan year2022-07-183321046
Value of plan covered by a fidelity bond2022-07-18500000
Participant contributions to plan in this plan year2022-07-18277966
Value of participant loans at end of plan year2022-07-18149561
Other contributions to plan in this plan year2022-07-1814005
Other income to plan in this plan year2022-07-18421771
Plan net income in this plan year2022-07-18768757
Net assets as of the end of the plan year2022-07-184089803
Net assets as of the beginning of the plan year2022-07-183321046
Employer contributions to plan in this plan year2022-07-18148535
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-1817984

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