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ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 401k Plan overview

Plan NameASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN
Plan identification number 001

ASCENSION BUSINESS SOLUTIONS CORP 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.
  • 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

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

Company Name:ASCENSION BUSINESS SOLUTIONS CORP
Employer identification number (EIN):475338151
NAIC Classification:541600

Additional information about ASCENSION BUSINESS SOLUTIONS CORP

Jurisdiction of Incorporation: Wyoming Corporations Division
Incorporation Date: 2015-10-16
Company Identification Number: 000697226
Legal Registered Office Address: 6423 Boot Hill Rd

Casper
United States of America (USA)
82604

More information about ASCENSION BUSINESS SOLUTIONS CORP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01SELINA HOFLUND
0012017-01-01SELINA HOFLUND
0012016-01-01SELINA HOFLUND
0012015-10-16SELINA HOFLUND

Plan Statistics for ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN

401k plan membership statisitcs for ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN

Measure Date Value
2022: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012
Total number of active participants reported on line 7a of the Form 55002022-01-012
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-012
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012
Total number of active participants reported on line 7a of the Form 55002021-01-012
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-012
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-011
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-011
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011
Number of participants with account balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-012
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-10-162
Total number of active participants reported on line 7a of the Form 55002015-10-162
Number of retired or separated participants receiving benefits2015-10-160
Number of other retired or separated participants entitled to future benefits2015-10-160
Total of all active and inactive participants2015-10-162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-10-160
Total participants2015-10-162
Number of participants with account balances2015-10-161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-10-160

Financial Data on ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN

Measure Date Value
2022 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2022 401k financial data
Total income from all sources2022-12-31$-30,855
Expenses. Total of all expenses incurred2022-12-31$746
Total plan assets at end of year2022-12-31$557,164
Total plan assets at beginning of year2022-12-31$588,765
Value of fidelity bond covering the plan2022-12-31$59,000
Other income received2022-12-31$-30,855
Net income (gross income less expenses)2022-12-31$-31,601
Net plan assets at end of year (total assets less liabilities)2022-12-31$557,164
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$588,765
Assets. Value of employer securities2022-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$746
2021 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2021 401k financial data
Total income from all sources2021-12-31$26,249
Expenses. Total of all expenses incurred2021-12-31$743
Total plan assets at end of year2021-12-31$588,765
Total plan assets at beginning of year2021-12-31$563,259
Value of fidelity bond covering the plan2021-12-31$59,000
Other income received2021-12-31$26,249
Net income (gross income less expenses)2021-12-31$25,506
Net plan assets at end of year (total assets less liabilities)2021-12-31$588,765
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$563,259
Assets. Value of employer securities2021-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$743
2020 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2020 401k financial data
Total income from all sources2020-12-31$21,056
Expenses. Total of all expenses incurred2020-12-31$80
Total plan assets at end of year2020-12-31$563,259
Total plan assets at beginning of year2020-12-31$542,283
Value of fidelity bond covering the plan2020-12-31$56,000
Other income received2020-12-31$21,056
Net income (gross income less expenses)2020-12-31$20,976
Net plan assets at end of year (total assets less liabilities)2020-12-31$563,259
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$542,283
Assets. Value of employer securities2020-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$80
2019 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$26,382
Expenses. Total of all expenses incurred2019-12-31$79
Total plan assets at end of year2019-12-31$542,283
Total plan assets at beginning of year2019-12-31$515,980
Value of fidelity bond covering the plan2019-12-31$52,000
Other income received2019-12-31$26,382
Net income (gross income less expenses)2019-12-31$26,303
Net plan assets at end of year (total assets less liabilities)2019-12-31$542,283
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$515,980
Assets. Value of employer securities2019-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$79
2018 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$-6,131
Expenses. Total of all expenses incurred2018-12-31$83
Total plan assets at end of year2018-12-31$515,980
Total plan assets at beginning of year2018-12-31$522,194
Value of fidelity bond covering the plan2018-12-31$53,000
Other income received2018-12-31$-6,131
Net income (gross income less expenses)2018-12-31$-6,214
Net plan assets at end of year (total assets less liabilities)2018-12-31$515,980
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$522,194
Assets. Value of employer securities2018-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$83
2017 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$18,016
Expenses. Total of all expenses incurred2017-12-31$70
Total plan assets at end of year2017-12-31$522,194
Total plan assets at beginning of year2017-12-31$504,248
Value of fidelity bond covering the plan2017-12-31$52,000
Other income received2017-12-31$18,016
Net income (gross income less expenses)2017-12-31$17,946
Net plan assets at end of year (total assets less liabilities)2017-12-31$522,194
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$504,248
Assets. Value of employer securities2017-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$70
2016 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$2,823
Expenses. Total of all expenses incurred2016-12-31$17
Total plan assets at end of year2016-12-31$504,248
Total plan assets at beginning of year2016-12-31$501,442
Other income received2016-12-31$2,823
Net income (gross income less expenses)2016-12-31$2,806
Net plan assets at end of year (total assets less liabilities)2016-12-31$504,248
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$501,442
Assets. Value of employer securities2016-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$17
2015 : ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$501,462
Expenses. Total of all expenses incurred2015-12-31$20
Total plan assets at end of year2015-12-31$501,442
Total plan assets at beginning of year2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$501,462
Net income (gross income less expenses)2015-12-31$501,442
Net plan assets at end of year (total assets less liabilities)2015-12-31$501,442
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
Assets. Value of employer securities2015-12-31$400,000
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$20

Form 5500 Responses for ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN

2022: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ASCENSION BUSINESS SOLUTIONS CORP 401(K) 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 – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: ASCENSION BUSINESS SOLUTIONS CORP 401(K) PLAN 2015 form 5500 responses
2015-10-16Type of plan entitySingle employer plan
2015-10-16First time form 5500 has been submittedYes
2015-10-16Submission has been amendedNo
2015-10-16This submission is the final filingNo
2015-10-16This return/report is a short plan year return/report (less than 12 months)Yes
2015-10-16Plan is a collectively bargained planNo
2015-10-16Plan funding arrangement – TrustYes
2015-10-16Plan benefit arrangement - TrustYes

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