401k Plan data: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN plan

ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 401k Plan overview

Plan Name	ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN
Plan identification number	001

ADVANCED PAYROLL SYSTEMS 401K SAVINGS 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.
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.

401k Sponsoring company profile

ADVANCED PAYROLL SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name: ADVANCED PAYROLL SYSTEMS, INC.

Employer identification number (EIN): 611177533

NAIC Classification: 541214
NAIC Description: Payroll Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01 GARY HUNTOON
001 2017-01-01 MICHELLE HEINDSELMAN
001 2016-01-01 MICHELLE HEINDSELMAN
001 2015-01-01 MICHELLE HEINDSELMAN
001 2014-01-01 LES REVZON 2015-02-24
001 2013-01-01 LES REVZON 2014-03-24
001 2012-01-01 LES REVZON 2013-07-11
001 2011-01-01 GARY A. HUNTOON 2012-06-29
001 2010-01-01 GARY A. HUNTOON 2011-06-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2018-01-01	GARY HUNTOON
001	2017-01-01	MICHELLE HEINDSELMAN
001	2016-01-01	MICHELLE HEINDSELMAN
001	2015-01-01	MICHELLE HEINDSELMAN
001	2014-01-01	LES REVZON	2015-02-24
001	2013-01-01	LES REVZON	2014-03-24
001	2012-01-01	LES REVZON	2013-07-11
001	2011-01-01	GARY A. HUNTOON	2012-06-29
001	2010-01-01	GARY A. HUNTOON	2011-06-30

Plan Statistics for ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN

401k plan membership statisitcs for ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN

Measure Date Value
2018: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 51
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 43
Number of retired or separated participants receiving benefits 2017-01-01 12
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 55
Number of participants with account balances 2017-01-01 45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 45
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 45
Number of retired or separated participants receiving benefits 2016-01-01 6
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 51
Number of participants with account balances 2016-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 50
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 41
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 4
Total of all active and inactive participants 2015-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 45
Number of participants with account balances 2015-01-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2018: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	51
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	43
Number of retired or separated participants receiving benefits	2017-01-01	12
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	55
Number of participants with account balances	2017-01-01	45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	45
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	45
Number of retired or separated participants receiving benefits	2016-01-01	6
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	51
Number of participants with account balances	2016-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	50
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	41
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	4
Total of all active and inactive participants	2015-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	45
Number of participants with account balances	2015-01-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN

Measure	Date	Value
2018 : ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-18	$0
Total plan liabilities at beginning of year	2018-12-18	$0
Total income from all sources	2018-12-18	$246,400
Expenses. Total of all expenses incurred	2018-12-18	$2,025,397
Benefits paid (including direct rollovers)	2018-12-18	$1,995,199
Total plan assets at end of year	2018-12-18	$0
Total plan assets at beginning of year	2018-12-18	$1,778,997
Value of fidelity bond covering the plan	2018-12-18	$500,000
Total contributions received or receivable from participants	2018-12-18	$100,885
Other income received	2018-12-18	$97,268
Net income (gross income less expenses)	2018-12-18	$-1,778,997
Net plan assets at end of year (total assets less liabilities)	2018-12-18	$0
Net plan assets at beginning of year (total assets less liabilities)	2018-12-18	$1,778,997
Total contributions received or receivable from employer(s)	2018-12-18	$48,247
Value of certain deemed distributions of participant loans	2018-12-18	$6,569
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-18	$23,629
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-18	$0
2017 : ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$522,119
Expenses. Total of all expenses incurred	2017-12-31	$449,217
Benefits paid (including direct rollovers)	2017-12-31	$427,818
Total plan assets at end of year	2017-12-31	$1,778,997
Total plan assets at beginning of year	2017-12-31	$1,706,095
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$145,464
Other income received	2017-12-31	$286,672
Net income (gross income less expenses)	2017-12-31	$72,902
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,778,997
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,706,095
Assets. Value of participant loans	2017-12-31	$8,120
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2017-12-31	$5,534
Total contributions received or receivable from employer(s)	2017-12-31	$89,983
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$21,399
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$378,347
Expenses. Total of all expenses incurred	2016-12-31	$147,544
Benefits paid (including direct rollovers)	2016-12-31	$128,547
Total plan assets at end of year	2016-12-31	$1,706,095
Total plan assets at beginning of year	2016-12-31	$1,475,292
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$144,302
Contributions received from other sources (not participants or employers)	2016-12-31	$1,510
Other income received	2016-12-31	$172,379
Net income (gross income less expenses)	2016-12-31	$230,803
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,706,095
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,475,292
Assets. Value of participant loans	2016-12-31	$10,278
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2016-12-31	$5,534
Total contributions received or receivable from employer(s)	2016-12-31	$60,156
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$18,997
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$154,950
Expenses. Total of all expenses incurred	2015-12-31	$127,360
Benefits paid (including direct rollovers)	2015-12-31	$109,032
Total plan assets at end of year	2015-12-31	$1,475,292
Total plan assets at beginning of year	2015-12-31	$1,447,702
Value of fidelity bond covering the plan	2015-12-31	$500,000
Total contributions received or receivable from participants	2015-12-31	$123,879
Other income received	2015-12-31	$-19,816
Net income (gross income less expenses)	2015-12-31	$27,590
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,475,292
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,447,702
Assets. Value of participant loans	2015-12-31	$0
Total contributions received or receivable from employer(s)	2015-12-31	$50,887
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$18,328
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0

Form 5500 Responses for ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN

2018: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: ADVANCED PAYROLL SYSTEMS 401K SAVINGS PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ADVANCED PAYROLL SYSTEMS, INC.
Employer identification number (EIN):	611177533
NAIC Classification:	541214
NAIC Description:	Payroll Services