401k Plan data: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN plan

GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 401k Plan overview

Plan Name	GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN
Plan identification number	333

GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN Benefits

401k Plan Type

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

401k Sponsoring company profile

GLOBAL EMPLOYMENT SOLUTIONS PEO, INC. has sponsored the creation of one or more 401k plans.

Company Name: GLOBAL EMPLOYMENT SOLUTIONS PEO, INC.

Employer identification number (EIN): 592084282

NAIC Classification: 561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
333 2011-01-01 MARK LOWREY
333 2009-01-01 TERRY KOCH

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
333	2011-01-01	MARK LOWREY
333	2009-01-01	TERRY KOCH

Plan Statistics for GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN

401k plan membership statisitcs for GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN

Measure Date Value
2011: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,413
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 0
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2
2009: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 1,526
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 1,378
Number of retired or separated participants receiving benefits 2009-01-01 31
Number of other retired or separated participants entitled to future benefits 2009-01-01 125
Total of all active and inactive participants 2009-01-01 1,534
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 1,535
Number of participants with account balances 2009-01-01 577
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 8

Measure	Date	Value
2011: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,413
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	0
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2
2009: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	1,526
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	1,378
Number of retired or separated participants receiving benefits	2009-01-01	31
Number of other retired or separated participants entitled to future benefits	2009-01-01	125
Total of all active and inactive participants	2009-01-01	1,534
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	1,535
Number of participants with account balances	2009-01-01	577
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	8

Financial Data on GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN

Measure	Date	Value
2011 : GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-11-30	$0
Total transfer of assets to this plan	2011-11-30	$1,844,990
Total transfer of assets from this plan	2011-11-30	$13,193,335
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-11-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-11-30	$6,674
Total income from all sources (including contributions)	2011-11-30	$920,712
Total loss/gain on sale of assets	2011-11-30	$0
Total of all expenses incurred	2011-11-30	$1,460,715
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-11-30	$1,268,537
Value of total corrective distributions	2011-11-30	$31,434
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-11-30	$868,375
Value of total assets at end of year	2011-11-30	$0
Value of total assets at beginning of year	2011-11-30	$11,895,022
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-11-30	$160,744
Total interest from all sources	2011-11-30	$18,438
Total dividends received (eg from common stock, registered investment company shares)	2011-11-30	$56,194
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-11-30	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-11-30	$56,194
Administrative expenses professional fees incurred	2011-11-30	$23,116
Was this plan covered by a fidelity bond	2011-11-30	Yes
Value of fidelity bond cover	2011-11-30	$1,000,000
If this is an individual account plan, was there a blackout period	2011-11-30	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-11-30	$0
Were there any nonexempt tranactions with any party-in-interest	2011-11-30	No
Contributions received from participants	2011-11-30	$651,660
Participant contributions at beginning of year	2011-11-30	$493,965
Participant contributions at end of year	2011-11-30	$0
Participant contributions at beginning of year	2011-11-30	$21,956
Income. Received or receivable in cash from other sources (including rollovers)	2011-11-30	$21,787
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-11-30	$4,846
Other income not declared elsewhere	2011-11-30	$3,949
Administrative expenses (other) incurred	2011-11-30	$1,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-11-30	No
Value of net income/loss	2011-11-30	$-540,003
Value of net assets at end of year (total assets less liabilities)	2011-11-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2011-11-30	$11,888,348
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-11-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-11-30	No
Were any leases to which the plan was party in default or uncollectible	2011-11-30	No
Investment advisory and management fees	2011-11-30	$13,531
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-11-30	$11,369,544
Interest on participant loans	2011-11-30	$18,316
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-11-30	$122
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-11-30	$-26,244
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-11-30	No
Was there a failure to transmit to the plan any participant contributions	2011-11-30	No
Has the plan failed to provide any benefit when due under the plan	2011-11-30	No
Contributions received in cash from employer	2011-11-30	$194,928
Employer contributions (assets) at end of year	2011-11-30	$0
Employer contributions (assets) at beginning of year	2011-11-30	$9,557
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-11-30	$1,268,537
Contract administrator fees	2011-11-30	$123,037
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-11-30	Yes
Liabilities. Value of benefit claims payable at beginning of year	2011-11-30	$1,828
Did the plan have assets held for investment	2011-11-30	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-11-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-11-30	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-11-30	Yes
Opinion of an independent qualified public accountant for this plan	2011-11-30	Disclaimer
Accountancy firm name	2011-11-30	VESTAL & WILER, CPA'S, PA
Accountancy firm EIN	2011-11-30	593198021
2010 : GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets to this plan	2010-12-31	$1,741,500
Total transfer of assets from this plan	2010-12-31	$1,143,070
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$6,674
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$4,237
Total income from all sources (including contributions)	2010-12-31	$2,415,770
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$1,574,267
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,425,611
Value of total corrective distributions	2010-12-31	$21,352
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,131,765
Value of total assets at end of year	2010-12-31	$11,895,022
Value of total assets at beginning of year	2010-12-31	$10,452,652
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$127,304
Total interest from all sources	2010-12-31	$17,426
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$247,399
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$247,399
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$816,725
Participant contributions at end of year	2010-12-31	$493,965
Participant contributions at beginning of year	2010-12-31	$398,259
Participant contributions at end of year	2010-12-31	$21,956
Participant contributions at beginning of year	2010-12-31	$16,311
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$18,850
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$4,846
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$2,832
Administrative expenses (other) incurred	2010-12-31	$15,014
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$841,503
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$11,888,348
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$10,448,415
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$112,290
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$11,369,544
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$8,996,551
Interest on participant loans	2010-12-31	$17,426
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$1,019,178
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$1,019,178
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,019,180
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$296,190
Employer contributions (assets) at end of year	2010-12-31	$9,557
Employer contributions (assets) at beginning of year	2010-12-31	$22,353
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,425,611
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	Yes
Liabilities. Value of benefit claims payable at end of year	2010-12-31	$1,828
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$1,405
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	SCOTT SKIBBIE, INC.
Accountancy firm EIN	2010-12-31	270851321
2009 : GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN

2011: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Mulitple employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	Yes
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: GLOBAL EMPLOYMENT SOLUTIONS PEO 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Mulitple employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	GLOBAL EMPLOYMENT SOLUTIONS PEO, INC.
Employer identification number (EIN):	592084282
NAIC Classification:	561300