401k Plan data: CGC 401(K) SAVINGS AND INVESTMENT PLAN plan

CGC 401(K) SAVINGS AND INVESTMENT PLAN 401k Plan overview

Plan Name	CGC 401(K) SAVINGS AND INVESTMENT PLAN
Plan identification number	001

CGC 401(K) SAVINGS AND INVESTMENT PLAN 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.
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.
Plan covering Self-Employed individuals.
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

CONSOLIDATED BUSINESS SOLUTIONS has sponsored the creation of one or more 401k plans.

Company Name: CONSOLIDATED BUSINESS SOLUTIONS

Employer identification number (EIN): 455601123

NAIC Classification: 323100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CGC 401(K) SAVINGS AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 RAYMOND RUDEK 2023-09-20 RAYMOND RUDEK 2023-09-20
001 2021-01-01 MAX RUBIN 2022-07-22
001 2020-01-01 MAX RUBIN 2021-06-15
001 2019-01-01 RAYMOND RUDEK 2020-07-30
001 2018-01-01 RAYMOND RUDEK 2019-06-20
001 2017-01-01 RAYMOND RUDEK 2018-07-16
001 2016-01-01 RAYMOND RUDEK 2017-06-05
001 2015-01-01 RAYMOND RUDEK 2016-06-21
001 2014-01-01 RAYMOND RUDEK 2015-07-08
001 2013-01-01 RAYMOND RUDEK 2014-06-26
001 2012-01-01 RAYMOND RUDEK 2013-06-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	RAYMOND RUDEK	2023-09-20	RAYMOND RUDEK	2023-09-20
001	2021-01-01	MAX RUBIN	2022-07-22
001	2020-01-01	MAX RUBIN	2021-06-15
001	2019-01-01	RAYMOND RUDEK	2020-07-30
001	2018-01-01	RAYMOND RUDEK	2019-06-20
001	2017-01-01	RAYMOND RUDEK	2018-07-16
001	2016-01-01	RAYMOND RUDEK	2017-06-05
001	2015-01-01	RAYMOND RUDEK	2016-06-21
001	2014-01-01	RAYMOND RUDEK	2015-07-08
001	2013-01-01	RAYMOND RUDEK	2014-06-26
001	2012-01-01	RAYMOND RUDEK	2013-06-28

Plan Statistics for CGC 401(K) SAVINGS AND INVESTMENT PLAN

401k plan membership statisitcs for CGC 401(K) SAVINGS AND INVESTMENT PLAN

Measure Date Value
2022: CGC 401(K) SAVINGS AND INVESTMENT PLAN 2022 401k membership
Total number of particpants at beginning of year 2022-07-22 55
Total number of particpants at end of year 2022-07-22 53
Number of Participants With Account Balances 2022-07-22 48

Measure	Date	Value
2022: CGC 401(K) SAVINGS AND INVESTMENT PLAN 2022 401k membership
Total number of particpants at beginning of year	2022-07-22	55
Total number of particpants at end of year	2022-07-22	53
Number of Participants With Account Balances	2022-07-22	48

Financial Data on CGC 401(K) SAVINGS AND INVESTMENT PLAN

Measure	Date	Value
2022 : CGC 401(K) SAVINGS AND INVESTMENT PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-07-22	65134
Net assets as of the end of the plan year	2022-07-22	7736326
Total assets as of the beginning of the plan year	2022-07-22	6542597
Value of plan covered by a fidelity bond	2022-07-22	500000
Participant contributions to plan in this plan year	2022-07-22	325139
Other income to plan in this plan year	2022-07-22	933724
Plan net income in this plan year	2022-07-22	1193729
Net assets as of the end of the plan year	2022-07-22	7736326
Net assets as of the beginning of the plan year	2022-07-22	6542597
Expensese paid to adminstrative service provicers from plan in this plan year	2022-07-22	18025

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Company Name:	CONSOLIDATED BUSINESS SOLUTIONS
Employer identification number (EIN):	455601123
NAIC Classification:	323100