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PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 401k Plan overview

Plan NamePERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN
Plan identification number 333

PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 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.

401k Sponsoring company profile

PROFESSIONAL PAYROLL CONCEPTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:PROFESSIONAL PAYROLL CONCEPTS, INC.
Employer identification number (EIN):453027482
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about PROFESSIONAL PAYROLL CONCEPTS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2011-08-16
Company Identification Number: P11000073454
Legal Registered Office Address: 1840 SW 22ND ST.

MIAMI

33145

More information about PROFESSIONAL PAYROLL CONCEPTS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332020-01-01MATTHEW JONES2021-10-15
3332019-01-01MATTHEW JONES2020-10-15
3332018-01-01TERESA SAMPLES2019-06-17
3332017-01-01TERESA SAMPLES2018-05-23 TERESA SAMPLES2018-05-23
3332016-01-01ANDREW W. RUDE ANDREW W. RUDE2017-10-16
3332016-01-01ANDREW W. RUDE ANDREW W. RUDE2018-04-26
3332015-01-01DWAYNE CLINE DWAYNE CLINE2016-10-25
3332015-01-01
3332014-01-01DWAYNE CLINE DWAYNE CLINE2015-10-14
3332012-01-01DWAYNE K CLINE

Plan Statistics for PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN

401k plan membership statisitcs for PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN

Measure Date Value
2016: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01143
Total number of active participants reported on line 7a of the Form 55002016-01-0149
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0118
Total of all active and inactive participants2016-01-0167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0167
Number of participants with account balances2016-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01148
Total number of active participants reported on line 7a of the Form 55002015-01-0192
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0150
Total of all active and inactive participants2015-01-01143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01143
Number of participants with account balances2015-01-01104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0150
2014: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01150
Total number of active participants reported on line 7a of the Form 55002014-01-0199
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-0141
Total of all active and inactive participants2014-01-01143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01143
Number of participants with account balances2014-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0143
2012: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01143
Total number of active participants reported on line 7a of the Form 55002012-01-01105
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0137
Total of all active and inactive participants2012-01-01142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01142
Number of participants with account balances2012-01-0185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN

Measure Date Value
2016 : PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total transfer of assets from this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$387,299
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,054,737
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,017,583
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$186,081
Value of total assets at end of year2016-12-31$2,515,344
Value of total assets at beginning of year2016-12-31$3,182,782
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$37,154
Total interest from all sources2016-12-31$195
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$37,063
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$135,588
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$22,719
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$4,906
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$82,043
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$41,744
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$91
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-667,438
Value of net assets at end of year (total assets less liabilities)2016-12-31$2,515,344
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,182,782
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,496,168
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Value of interest in pooled separate accounts at end of year2016-12-31$0
Value of interest in pooled separate accounts at beginning of year2016-12-31$2,096,126
Interest on participant loans2016-12-31$187
Interest earned on other investments2016-12-31$8
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$19,176
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,015,151
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Net investment gain/loss from pooled separate accounts2016-12-31$201,023
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$50,493
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$2,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$935,540
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BROWN, EDWARDS AND COMPANY
Accountancy firm EIN2016-12-31540504608
2015 : PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$234
Total income from all sources (including contributions)2015-12-31$220,300
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$179,109
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$138,361
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$281,256
Value of total assets at end of year2015-12-31$3,182,782
Value of total assets at beginning of year2015-12-31$3,141,825
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$40,748
Total interest from all sources2015-12-31$1,049
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31No
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$201,799
Participant contributions at end of year2015-12-31$22,719
Participant contributions at beginning of year2015-12-31$30,500
Participant contributions at end of year2015-12-31$4,906
Participant contributions at beginning of year2015-12-31$27,872
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$41,744
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$41,762
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$234
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$41,191
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,182,782
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,141,591
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$2,096,126
Value of interest in pooled separate accounts at beginning of year2015-12-31$2,053,422
Interest on participant loans2015-12-31$1,049
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$1,015,151
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$978,313
Net investment gain/loss from pooled separate accounts2015-12-31$-62,005
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$79,457
Employer contributions (assets) at end of year2015-12-31$2,136
Employer contributions (assets) at beginning of year2015-12-31$9,956
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$138,361
Contract administrator fees2015-12-31$40,748
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31GRAY, GRIFFITH & MAYS, A.C.
Accountancy firm EIN2015-12-31550621482
2014 : PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$235
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,312
Total income from all sources (including contributions)2014-12-31$422,528
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$872,906
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$818,724
Expenses. Certain deemed distributions of participant loans2014-12-31$4,315
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$347,140
Value of total assets at end of year2014-12-31$3,141,825
Value of total assets at beginning of year2014-12-31$3,593,280
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$49,867
Total interest from all sources2014-12-31$1,057
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31No
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$243,894
Participant contributions at end of year2014-12-31$30,500
Participant contributions at beginning of year2014-12-31$31,074
Participant contributions at end of year2014-12-31$27,872
Participant contributions at beginning of year2014-12-31$28,528
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$366
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$41,762
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$39,665
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$235
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$1,312
Other income not declared elsewhere2014-12-31$939
Administrative expenses (other) incurred2014-12-31$4,549
Total non interest bearing cash at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-450,378
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,141,590
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$3,591,968
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$2,053,422
Value of interest in pooled separate accounts at beginning of year2014-12-31$2,561,494
Interest on participant loans2014-12-31$1,057
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$978,313
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$922,437
Net investment gain/loss from pooled separate accounts2014-12-31$73,392
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$103,246
Employer contributions (assets) at end of year2014-12-31$9,956
Employer contributions (assets) at beginning of year2014-12-31$10,082
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$818,358
Contract administrator fees2014-12-31$45,318
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
2013 : PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$1,312
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$192,181
Total income from all sources (including contributions)2013-12-31$904,827
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$390,044
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$343,877
Value of total corrective distributions2013-12-31$614
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$363,060
Value of total assets at end of year2013-12-31$3,593,280
Value of total assets at beginning of year2013-12-31$3,269,366
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$45,553
Total interest from all sources2013-12-31$1,216
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$220,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$250,902
Participant contributions at end of year2013-12-31$31,074
Participant contributions at beginning of year2013-12-31$26,722
Participant contributions at end of year2013-12-31$28,528
Participant contributions at beginning of year2013-12-31$56,233
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$196,058
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$39,665
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$40,325
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$1,312
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$192,181
Other income not declared elsewhere2013-12-31$198,075
Administrative expenses (other) incurred2013-12-31$4,105
Total non interest bearing cash at end of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$514,783
Value of net assets at end of year (total assets less liabilities)2013-12-31$3,591,968
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,077,185
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$2,561,494
Value of interest in pooled separate accounts at beginning of year2013-12-31$2,302,989
Interest on participant loans2013-12-31$1,216
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$922,437
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$817,524
Net investment gain/loss from pooled separate accounts2013-12-31$342,476
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$112,158
Employer contributions (assets) at end of year2013-12-31$10,082
Employer contributions (assets) at beginning of year2013-12-31$25,573
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$147,819
Contract administrator fees2013-12-31$41,448
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
2012 : PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$81,266
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$192,181
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$990
Total income from all sources (including contributions)2012-12-31$572,605
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$402,393
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$366,623
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$404,948
Value of total assets at end of year2012-12-31$3,269,366
Value of total assets at beginning of year2012-12-31$2,989,229
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$35,770
Total interest from all sources2012-12-31$610
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$220,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$284,043
Participant contributions at end of year2012-12-31$26,722
Participant contributions at beginning of year2012-12-31$13,990
Participant contributions at end of year2012-12-31$56,233
Participant contributions at beginning of year2012-12-31$165,223
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$3,649
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$40,325
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$44,534
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$192,181
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$990
Other income not declared elsewhere2012-12-31$1,015
Administrative expenses (other) incurred2012-12-31$3,350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$170,212
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,077,185
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,988,239
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in pooled separate accounts at end of year2012-12-31$2,302,989
Value of interest in pooled separate accounts at beginning of year2012-12-31$1,747,477
Interest on participant loans2012-12-31$610
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$817,524
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$940,229
Net investment gain/loss from pooled separate accounts2012-12-31$166,032
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$120,905
Employer contributions (assets) at end of year2012-12-31$25,573
Employer contributions (assets) at beginning of year2012-12-31$77,776
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$362,974
Contract administrator fees2012-12-31$32,420
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31BROWN, EDWARDS AND COMPANY
Accountancy firm EIN2012-12-31540504608

Form 5500 Responses for PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN

2016: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes
2015: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2012: PERSONNEL MANAGEMENT OF WEST VIRGINIA 401(K) RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered72
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $12,030
Total amount of fees paid to insurance companyUSD $10,421
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,912
Insurance broker organization code?4
Amount paid for insurance broker fees7749
Additional information about fees paid to insurance brokerTPA SUBSIDY
Insurance broker nameNORTHWESTEN MUTUAL INVESTMENT
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered80
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $11,181
Total amount of fees paid to insurance companyUSD $9,005
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered85
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $9,954
Total amount of fees paid to insurance companyUSD $8,035
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,954
Insurance broker organization code?4
Amount paid for insurance broker fees5897
Additional information about fees paid to insurance brokerTPA SUBSIDY
Insurance broker namePINNACLE FINANCIAL SERVICES INC

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