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THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 401k Plan overview

Plan NameTHE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC.
Plan identification number 004

THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. Benefits

401k Plan TypeDefined 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.
  • 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

FOUNDATION TITLE & ESCROW SERIES, LLC. has sponsored the creation of one or more 401k plans.

Company Name:FOUNDATION TITLE & ESCROW SERIES, LLC.
Employer identification number (EIN):263519011
NAIC Classification:541190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042020-01-01TERRANCE P. POWER2021-10-11
0042019-01-01LEE D. VOGT2020-10-13
0042018-01-01LEE D. VOGT2019-10-14

Financial Data on THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC.

Measure Date Value
2020 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 2020 401k financial data
Total income from all sources2020-12-31$415,373
Expenses. Total of all expenses incurred2020-12-31$600,003
Benefits paid (including direct rollovers)2020-12-31$582,002
Total plan assets at end of year2020-12-31$1,239,423
Total plan assets at beginning of year2020-12-31$1,424,053
Total contributions received or receivable from participants2020-12-31$152,880
Contributions received from other sources (not participants or employers)2020-12-31$12,899
Other income received2020-12-31$191,169
Net income (gross income less expenses)2020-12-31$-184,630
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,239,423
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,424,053
Assets. Value of participant loans2020-12-31$25,128
Total contributions received or receivable from employer(s)2020-12-31$58,425
Value of certain deemed distributions of participant loans2020-12-31$1,587
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$16,414
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 2019 401k financial data
Total income from all sources2019-12-31$515,695
Expenses. Total of all expenses incurred2019-12-31$110,889
Benefits paid (including direct rollovers)2019-12-31$74,325
Total plan assets at end of year2019-12-31$1,424,053
Total plan assets at beginning of year2019-12-31$1,019,247
Total contributions received or receivable from participants2019-12-31$146,335
Contributions received from other sources (not participants or employers)2019-12-31$44,225
Other income received2019-12-31$270,498
Net income (gross income less expenses)2019-12-31$404,806
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,424,053
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,019,247
Assets. Value of participant loans2019-12-31$32,428
Total contributions received or receivable from employer(s)2019-12-31$54,637
Value of certain deemed distributions of participant loans2019-12-31$18,805
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$17,759
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 2018 401k financial data
Total income from all sources2018-12-31$1,064,978
Expenses. Total of all expenses incurred2018-12-31$45,731
Benefits paid (including direct rollovers)2018-12-31$19,798
Total plan assets at end of year2018-12-31$1,019,247
Total plan assets at beginning of year2018-12-31$0
Total contributions received or receivable from participants2018-12-31$137,707
Contributions received from other sources (not participants or employers)2018-12-31$968,489
Other income received2018-12-31$-90,296
Net income (gross income less expenses)2018-12-31$1,019,247
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,019,247
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$0
Assets. Value of participant loans2018-12-31$31,253
Total contributions received or receivable from employer(s)2018-12-31$49,078
Value of certain deemed distributions of participant loans2018-12-31$13,778
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$12,155
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0

Form 5500 Responses for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC.

2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO FOUNDATION TITLE AND ESCROW SERIES, LLC. 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01First time form 5500 has been submittedYes
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number133798
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number133798
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number133798
Policy instance 1

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