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Plan Name | NATIONAL CREDIT SERVICES 401(K) PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | NATIONAL CREDIT SERVICES, INC. |
Employer identification number (EIN): | 912076371 |
NAIC Classification: | 522298 |
NAIC Description: | All Other Nondepository Credit Intermediation |
Additional information about NATIONAL CREDIT SERVICES, INC.
Jurisdiction of Incorporation: | Washington Secretary of State Corporations Division |
Incorporation Date: | 2000-12-08 |
Company Identification Number: | 602083004 |
Legal Registered Office Address: |
2525 220TH ST SE STE 200 BOTHELL United States of America (USA) 980214440 |
More information about NATIONAL CREDIT SERVICES, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | A.H. SARAJY | 2023-09-27 | ||
001 | 2021-01-01 | A.H. SARAJY | 2022-10-10 | ||
001 | 2020-01-01 | A.H. SARAJAY | 2021-11-18 | A.H. SARAJAY | 2021-11-18 |
001 | 2020-01-01 | A.H. SARAJAY | 2021-11-18 | ||
001 | 2019-01-01 | ||||
001 | 2018-01-01 | ||||
001 | 2017-01-01 | ||||
001 | 2016-01-01 | ||||
001 | 2015-01-01 | ||||
001 | 2014-01-01 | ||||
001 | 2013-01-01 |
Measure | Date | Value |
---|---|---|
2022: NATIONAL CREDIT SERVICES 401(K) PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 149 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 5 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 10 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 55 |
Total of all active and inactive participants | 2022-01-01 | 70 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 70 |
Number of participants with account balances | 2022-01-01 | 69 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 9 |
2021: NATIONAL CREDIT SERVICES 401(K) PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 166 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 56 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 26 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 61 |
Total of all active and inactive participants | 2021-01-01 | 143 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 143 |
Number of participants with account balances | 2021-01-01 | 122 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 25 |
2020: NATIONAL CREDIT SERVICES 401(K) PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 150 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 96 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 16 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 37 |
Total of all active and inactive participants | 2020-01-01 | 149 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 149 |
Number of participants with account balances | 2020-01-01 | 125 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 17 |
Measure | Date | Value |
---|---|---|
2022 : NATIONAL CREDIT SERVICES 401(K) PLAN 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-804,720 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $547,463 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $505,535 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $116,824 |
Value of total assets at end of year | 2022-12-31 | $4,769,258 |
Value of total assets at beginning of year | 2022-12-31 | $6,121,441 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $41,928 |
Total interest from all sources | 2022-12-31 | $595 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $101,632 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $46,870 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $30 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-1,352,183 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,769,258 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,121,441 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $41,928 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $4,763,804 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $6,074,526 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $595 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-922,139 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $15,192 |
Employer contributions (assets) at end of year | 2022-12-31 | $5,454 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $15 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $505,535 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | HUNT JACKSON PLLC |
Accountancy firm EIN | 2022-12-31 | 812672708 |
2021 : NATIONAL CREDIT SERVICES 401(K) PLAN 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $1,188,388 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $389,858 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $353,170 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $295,289 |
Value of total assets at end of year | 2021-12-31 | $6,121,441 |
Value of total assets at beginning of year | 2021-12-31 | $5,322,911 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $36,688 |
Total interest from all sources | 2021-12-31 | $2,518 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $198,034 |
Participant contributions at end of year | 2021-12-31 | $46,870 |
Participant contributions at beginning of year | 2021-12-31 | $34,878 |
Participant contributions at end of year | 2021-12-31 | $30 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $15,354 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $798,530 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,121,441 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $5,322,911 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $36,688 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $6,074,526 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $5,288,033 |
Interest on participant loans | 2021-12-31 | $2,518 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $890,581 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $81,901 |
Employer contributions (assets) at end of year | 2021-12-31 | $15 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $353,170 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | HUNT JACKSON PLLC |
Accountancy firm EIN | 2021-12-31 | 812672708 |
2020 : NATIONAL CREDIT SERVICES 401(K) PLAN 2020 401k financial data | ||
Total income from all sources (including contributions) | 2020-12-31 | $2,047,512 |
Total of all expenses incurred | 2020-12-31 | $211,087 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $181,555 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,227,446 |
Value of total assets at end of year | 2020-12-31 | $5,322,911 |
Value of total assets at beginning of year | 2020-12-31 | $3,486,486 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $29,532 |
Total interest from all sources | 2020-12-31 | $2,497 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $260,799 |
Participant contributions at end of year | 2020-12-31 | $34,878 |
Participant contributions at beginning of year | 2020-12-31 | $48,229 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $843,519 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $1,836,425 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $5,322,911 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,486,486 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $29,532 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $5,288,033 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,438,257 |
Interest on participant loans | 2020-12-31 | $2,497 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $817,569 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $123,128 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $181,555 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | HUNT JACKSON PLLC |
Accountancy firm EIN | 2020-12-31 | 812672708 |
2022: NATIONAL CREDIT SERVICES 401(K) PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: NATIONAL CREDIT SERVICES 401(K) PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: NATIONAL CREDIT SERVICES 401(K) PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |