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Plan Name | ABEL PEO SERVICES MULTI 401(K) AND SAVINGS PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | ABEL HR, INC. |
Employer identification number (EIN): | 223163382 |
NAIC Classification: | 561300 |
Additional information about ABEL HR, INC.
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 2010-01-23 |
Company Identification Number: | F181359 |
Legal Registered Office Address: |
2800 EISENHOWER AVE. SUITE 220 ALEXANDRIA United States of America (USA) 22314 |
More information about ABEL HR, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | ||||
001 | 2010-01-01 | JAMES W. BELL, SR. |
Measure | Date | Value |
---|---|---|
2022: ABEL PEO SERVICES MULTI 401(K) AND SAVINGS PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 1,046 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 1,075 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 16 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 134 |
Total of all active and inactive participants | 2022-01-01 | 1,225 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 1,225 |
Number of participants with account balances | 2022-01-01 | 682 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 4 |
2010: ABEL PEO SERVICES MULTI 401(K) AND SAVINGS PLAN 2010 401k membership | ||
Total participants, beginning-of-year | 2010-01-01 | 760 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 630 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 12 |
Total of all active and inactive participants | 2010-01-01 | 642 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
Total participants | 2010-01-01 | 642 |
Number of participants with account balances | 2010-01-01 | 293 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 4 |
Measure | Date | Value |
---|---|---|
2022 : ABEL PEO SERVICES MULTI 401(K) AND SAVINGS PLAN 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $13,660,064 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $23,825 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $36,845 |
Total income from all sources (including contributions) | 2022-12-31 | $-2,800,645 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $6,233,428 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $6,148,539 |
Value of total corrective distributions | 2022-12-31 | $15,853 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,910,109 |
Value of total assets at end of year | 2022-12-31 | $56,185,501 |
Value of total assets at beginning of year | 2022-12-31 | $51,572,530 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $69,036 |
Total interest from all sources | 2022-12-31 | $23,127 |
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 | $4,500,000 |
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 | $3,362,260 |
Participant contributions at end of year | 2022-12-31 | $602,158 |
Participant contributions at beginning of year | 2022-12-31 | $516,553 |
Participant contributions at end of year | 2022-12-31 | $106,321 |
Participant contributions at beginning of year | 2022-12-31 | $417,419 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $2,884,307 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $129,885 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $679,500 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $292,286 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $23,825 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $36,845 |
Other income not declared elsewhere | 2022-12-31 | $642,280 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $1,000 |
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 | $-9,034,073 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $56,161,676 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $51,535,685 |
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 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $50,667,248 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $44,966,105 |
Interest on participant loans | 2022-12-31 | $23,127 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $4,313,438 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,527,172 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-8,376,161 |
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 | Yes |
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 | $1,417,964 |
Employer contributions (assets) at end of year | 2022-12-31 | $204,050 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $259,974 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $5,469,039 |
Contract administrator fees | 2022-12-31 | $69,036 |
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 | WISS & COMPANY |
Accountancy firm EIN | 2022-12-31 | 221732349 |
2010 : ABEL PEO SERVICES MULTI 401(K) AND SAVINGS 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 | $417,675 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $8,463 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $2,424,891 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $612,215 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $513,373 |
Value of total corrective distributions | 2010-12-31 | $18,854 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,277,266 |
Value of total assets at end of year | 2010-12-31 | $11,232,683 |
Value of total assets at beginning of year | 2010-12-31 | $8,993,869 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $79,988 |
Total interest from all sources | 2010-12-31 | $11,903 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $850,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $1,033,826 |
Participant contributions at end of year | 2010-12-31 | $290,184 |
Participant contributions at beginning of year | 2010-12-31 | $254,647 |
Participant contributions at end of year | 2010-12-31 | $35,863 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $841,657 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $4,270 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $99,914 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $213,659 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $8,463 |
Other income not declared elsewhere | 2010-12-31 | $83,665 |
Administrative expenses (other) incurred | 2010-12-31 | $9,680 |
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 | $1,812,676 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $11,224,220 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $8,993,869 |
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 |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $9,128,062 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $7,343,838 |
Interest on participant loans | 2010-12-31 | $11,903 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $654,611 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $654,611 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $699,289 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $534,085 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $1,052,057 |
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 | $239,170 |
Employer contributions (assets) at end of year | 2010-12-31 | $23,969 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $413,459 |
Contract administrator fees | 2010-12-31 | $70,308 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $206,688 |
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 | WISS & COMPANY, LLP |
Accountancy firm EIN | 2010-12-31 | 221732349 |
2022: ABEL PEO SERVICES MULTI 401(K) AND SAVINGS PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Mulitple 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 – Insurance | Yes |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement – Insurance | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2010: ABEL PEO SERVICES MULTI 401(K) AND SAVINGS PLAN 2010 form 5500 responses | ||
2010-01-01 | Type of plan entity | Mulitple employer plan |
2010-01-01 | Submission has been amended | No |
2010-01-01 | This submission is the final filing | No |
2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2010-01-01 | Plan is a collectively bargained plan | No |
2010-01-01 | Plan funding arrangement – Insurance | Yes |
2010-01-01 | Plan funding arrangement – Trust | Yes |
2010-01-01 | Plan benefit arrangement – Insurance | Yes |
2010-01-01 | Plan benefit arrangement - Trust | Yes |
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | MULTIPLE CONTRA | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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