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PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NamePEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

PEOPLE, TECHNOLOGY AND PROCESSES, LLC. has sponsored the creation of one or more 401k plans.

Company Name:PEOPLE, TECHNOLOGY AND PROCESSES, LLC.
Employer identification number (EIN):274171805
NAIC Classification:541511
NAIC Description:Custom Computer Programming Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01SANDRA GOODMAN2021-07-09
0012018-01-01SANDRA GOODMAN2021-07-09
0012017-01-01NICOLE BUONAMIA
0012016-01-01NICOLE BUONAMIA
0012015-01-01NICOLE BUONAMIA
0012014-01-01NICOLE BUONAMIA
0012013-01-01NICOLE BUONAMIA
0012012-01-01PEOPLE TECHNOLOGY AND PROCESSE

Plan Statistics for PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2017: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0191
Total number of active participants reported on line 7a of the Form 55002017-01-01136
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0110
Total of all active and inactive participants2017-01-01146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01146
Number of participants with account balances2017-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014
2016: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0151
Total number of active participants reported on line 7a of the Form 55002016-01-0180
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0111
Total of all active and inactive participants2016-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0191
Number of participants with account balances2016-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-016
2015: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0147
Total number of active participants reported on line 7a of the Form 55002015-01-0147
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0151
Number of participants with account balances2015-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0156
Total number of active participants reported on line 7a of the Form 55002014-01-0145
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0147
Number of participants with account balances2014-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0147
Total number of active participants reported on line 7a of the Form 55002013-01-0153
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0156
Number of participants with account balances2013-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-011
Total number of active participants reported on line 7a of the Form 55002012-01-0144
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0147
Number of participants with account balances2012-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2017 : PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$-451,474
Expenses. Total of all expenses incurred2017-12-31$30,741
Benefits paid (including direct rollovers)2017-12-31$4,022
Total plan assets at end of year2017-12-31$48
Total plan assets at beginning of year2017-12-31$482,263
Value of fidelity bond covering the plan2017-12-31$0
Total contributions received or receivable from participants2017-12-31$83,766
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$14,942
Other income received2017-12-31$-550,182
Net income (gross income less expenses)2017-12-31$-482,215
Net plan assets at end of year (total assets less liabilities)2017-12-31$48
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$482,263
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$8,112
Value of corrective distributions2017-12-31$15,451
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$3,156
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Funding deficiency by the employer to the plan for this plan year2017-12-31$0
Minimum employer required contribution for this plan year2017-12-31$0
Amount contributed by the employer to the plan for this plan year2017-12-31$0
2016 : PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$250,792
Expenses. Total of all expenses incurred2016-12-31$54,952
Benefits paid (including direct rollovers)2016-12-31$13,093
Total plan assets at end of year2016-12-31$482,263
Total plan assets at beginning of year2016-12-31$286,423
Value of fidelity bond covering the plan2016-12-31$0
Total contributions received or receivable from participants2016-12-31$91,886
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$126,391
Other income received2016-12-31$32,515
Net income (gross income less expenses)2016-12-31$195,840
Net plan assets at end of year (total assets less liabilities)2016-12-31$482,263
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$286,423
Assets. Value of participant loans2016-12-31$18,706
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$40,566
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,293
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Funding deficiency by the employer to the plan for this plan year2016-12-31$0
Minimum employer required contribution for this plan year2016-12-31$0
Amount contributed by the employer to the plan for this plan year2016-12-31$0
2015 : PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$92,893
Expenses. Total of all expenses incurred2015-12-31$17,987
Benefits paid (including direct rollovers)2015-12-31$17,792
Total plan assets at end of year2015-12-31$286,423
Total plan assets at beginning of year2015-12-31$211,517
Value of fidelity bond covering the plan2015-12-31$0
Total contributions received or receivable from participants2015-12-31$98,369
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-5,476
Net income (gross income less expenses)2015-12-31$74,906
Net plan assets at end of year (total assets less liabilities)2015-12-31$286,423
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$211,517
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$195
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$0
Amount contributed by the employer to the plan for this plan year2015-12-31$0
2014 : PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$124,824
Expenses. Total of all expenses incurred2014-12-31$72,341
Benefits paid (including direct rollovers)2014-12-31$71,691
Total plan assets at end of year2014-12-31$211,517
Total plan assets at beginning of year2014-12-31$159,034
Value of fidelity bond covering the plan2014-12-31$0
Total contributions received or receivable from participants2014-12-31$111,126
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$10,320
Net income (gross income less expenses)2014-12-31$52,483
Net plan assets at end of year (total assets less liabilities)2014-12-31$211,517
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$159,034
Total contributions received or receivable from employer(s)2014-12-31$3,378
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$650
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$181,544
Expenses. Total of all expenses incurred2013-12-31$47,101
Benefits paid (including direct rollovers)2013-12-31$46,191
Total plan assets at end of year2013-12-31$159,034
Total plan assets at beginning of year2013-12-31$24,591
Value of fidelity bond covering the plan2013-12-31$0
Total contributions received or receivable from participants2013-12-31$134,686
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$34,264
Other income received2013-12-31$12,594
Net income (gross income less expenses)2013-12-31$134,443
Net plan assets at end of year (total assets less liabilities)2013-12-31$159,034
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$24,591
Assets. Value of participant loans2013-12-31$3,804
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$910
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$24,591
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$24,591
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$0
Total contributions received or receivable from participants2012-12-31$24,358
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$233
Net income (gross income less expenses)2012-12-31$24,591
Net plan assets at end of year (total assets less liabilities)2012-12-31$24,591
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0

Form 5500 Responses for PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST

2017: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PEOPLE TECHNOLOGY AND PROCESSE 401(K) PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01First time form 5500 has been submittedYes
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

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