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PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NamePREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

PREMIER SYSTEMS PARKING, INC. has sponsored the creation of one or more 401k plans.

Company Name:PREMIER SYSTEMS PARKING, INC.
Employer identification number (EIN):621781425
NAIC Classification:488990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01SANDRA JONES2016-10-12
0012014-01-01SANDRA JONES2015-10-15
0012013-01-01SANDRA JONES2014-10-13 PREMIER SYSTEM PARKING, INC.2014-10-13
0012012-01-01SANDRA JONES2013-10-15
0012011-01-01SANDRA JONES2012-10-15
0012009-01-01SANDRA JONES
0012008-01-01SANDRA JONES
0012007-01-01SANDRA JONES

Plan Statistics for PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2009: PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0124
Total number of active participants reported on line 7a of the Form 55002009-01-0121
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0124
Number of participants with account balances2009-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0125
Total number of active participants reported on line 7a of the Form 55002008-01-0121
Number of retired or separated participants receiving benefits2008-01-011
Number of other retired or separated participants entitled to future benefits2008-01-012
Total of all active and inactive participants2008-01-0124
Total participants2008-01-0124
Number of participants with account balances2008-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-013
Number of employers contributing to the scheme2008-01-010
2007: PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2007 401k membership
Total participants, beginning-of-year2007-01-0125
Total number of active participants reported on line 7a of the Form 55002007-01-0120
Number of retired or separated participants receiving benefits2007-01-011
Number of other retired or separated participants entitled to future benefits2007-01-012
Total of all active and inactive participants2007-01-0123
Total participants2007-01-0123
Number of participants with account balances2007-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2007-01-010

Financial Data on PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2010 : PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$16,328
Expenses. Total of all expenses incurred2010-12-31$4,319
Benefits paid (including direct rollovers)2010-12-31$4,319
Total plan assets at end of year2010-12-31$122,839
Total plan assets at beginning of year2010-12-31$110,830
Value of fidelity bond covering the plan2010-12-31$10,000
Total contributions received or receivable from participants2010-12-31$8,770
Other income received2010-12-31$-1,212
Net income (gross income less expenses)2010-12-31$12,009
Net plan assets at end of year (total assets less liabilities)2010-12-31$122,839
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$110,830
Total contributions received or receivable from employer(s)2010-12-31$8,770
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
2008 : PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2008 401k financial data
Total income from all sources2008-12-31$15,070
Expenses. Total of all expenses incurred2008-12-31$10,397
Benefits paid (including direct rollovers)2008-12-31$10,397
Total plan assets at end of year2008-12-31$100,414
Total plan assets at beginning of year2008-12-31$95,741
Total contributions received or receivable from participants2008-12-31$9,896
Other income received2008-12-31$-4,722
Net income (gross income less expenses)2008-12-31$4,673
Net plan assets at end of year (total assets less liabilities)2008-12-31$100,414
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$95,741
Total contributions received or receivable from employer(s)2008-12-31$9,896
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-12-31$0
2007 : PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2007 401k financial data
Total income from all sources2007-12-31$27,596
Total plan assets at end of year2007-12-31$95,741
Total plan assets at beginning of year2007-12-31$68,145
Total contributions received or receivable from participants2007-12-31$12,660
Other income received2007-12-31$2,677
Net income (gross income less expenses)2007-12-31$27,596
Net plan assets at end of year (total assets less liabilities)2007-12-31$95,741
Net plan assets at beginning of year (total assets less liabilities)2007-12-31$68,145
Total contributions received or receivable from employer(s)2007-12-31$12,259
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2007-12-31$0

Form 5500 Responses for PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN

2009: PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes
2008: PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – InsuranceYes
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement – InsuranceYes
2008-01-01Plan benefit arrangement - TrustYes
2007: PREMIER SYSTEMS PARKING, INC. 401(K) PROFIT SHARING PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedYes
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – InsuranceYes
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement – InsuranceYes
2007-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHU176
Policy instance 1
Insurance contract or identification numberPHU176
Number of Individuals Covered7
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $569
Total amount of fees paid to insurance companyUSD $0
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
Commission paid to Insurance BrokerUSD $569
Insurance broker organization code?3
Insurance broker nameAXA NETWORK LLC
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHU176
Policy instance 1
Insurance contract or identification numberPHU176
Number of Individuals Covered12
Insurance policy start date2008-01-01
Insurance policy end date2008-12-31
Total amount of commissions paid to insurance brokerUSD $488
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHU176
Policy instance 1
Insurance contract or identification numberPHU176
Number of Individuals Covered11
Insurance policy start date2007-01-01
Insurance policy end date2007-12-31
Total amount of commissions paid to insurance brokerUSD $396
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes

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