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| Plan Name | THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO ONPOINT EMPLOYMENT, LLC |
| Plan identification number | 004 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
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| Company Name: | ON POINT EMPLOYMENT, LLC. |
| Employer identification number (EIN): | 833431725 |
| NAIC Classification: | 541600 |
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 004 | 2020-05-01 | TERRANCE P. POWER | 2021-10-13 |
| Measure | Date | Value |
|---|---|---|
| 2020 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO ONPOINT EMPLOYMENT, LLC 2020 401k financial data | ||
| Total income from all sources | 2020-12-31 | $549,925 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $47,754 |
| Benefits paid (including direct rollovers) | 2020-12-31 | $43,384 |
| Total plan assets at end of year | 2020-12-31 | $502,171 |
| Total contributions received or receivable from participants | 2020-12-31 | $127,025 |
| Expenses. Other expenses not covered elsewhere | 2020-12-31 | $1,832 |
| Contributions received from other sources (not participants or employers) | 2020-12-31 | $338,676 |
| Other income received | 2020-12-31 | $84,224 |
| Net income (gross income less expenses) | 2020-12-31 | $502,171 |
| Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $502,171 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2020-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $2,538 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| 2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO ONPOINT EMPLOYMENT, LLC 2020 form 5500 responses | ||
|---|---|---|
| 2020-05-01 | Type of plan entity | Mulitple employer plan |
| 2020-05-01 | First time form 5500 has been submitted | Yes |
| 2020-05-01 | Submission has been amended | No |
| 2020-05-01 | This submission is the final filing | No |
| 2020-05-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2020-05-01 | Plan is a collectively bargained plan | No |
| 2020-05-01 | Plan funding arrangement – Insurance | Yes |
| 2020-05-01 | Plan funding arrangement – Trust | Yes |
| 2020-05-01 | Plan benefit arrangement – Insurance | Yes |
| 2020-05-01 | Plan benefit arrangement - Trust | Yes |
| JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 ) | |
| Policy contract number | 145027 |
| Policy instance | 1 |
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