401k Plan data: AMERICAS' SAP USERS' GROUP 401(K) PLAN plan

AMERICAS' SAP USERS' GROUP 401(K) PLAN 401k Plan overview

Plan Name	AMERICAS' SAP USERS' GROUP 401(K) PLAN
Plan identification number	001

AMERICAS' SAP USERS' GROUP 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AMERICAS' SAP USERS' GROUP has sponsored the creation of one or more 401k plans.

Company Name: AMERICAS' SAP USERS' GROUP

Employer identification number (EIN): 351868817

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAS' SAP USERS' GROUP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-02-01

Plan Statistics for AMERICAS' SAP USERS' GROUP 401(K) PLAN

401k plan membership statisitcs for AMERICAS' SAP USERS' GROUP 401(K) PLAN

Measure Date Value
2022: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 79
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 81
Number of other retired or separated participants entitled to future benefits 2022-01-01 44
Total of all active and inactive participants 2022-01-01 125
Total participants 2022-01-01 125
Number of participants with account balances 2022-01-01 97
2021: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 58
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 21
Total of all active and inactive participants 2021-01-01 79
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 79
Number of participants with account balances 2021-01-01 63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 74
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 63
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 26
Total of all active and inactive participants 2020-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 89
Number of participants with account balances 2020-01-01 77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 62
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 12
Total of all active and inactive participants 2019-01-01 74
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 74
Number of participants with account balances 2019-01-01 62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-02-01 99
Total number of active participants reported on line 7a of the Form 5500 2018-02-01 74
Number of retired or separated participants receiving benefits 2018-02-01 0
Number of other retired or separated participants entitled to future benefits 2018-02-01 15
Total of all active and inactive participants 2018-02-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-02-01 0
Total participants 2018-02-01 89
Number of participants with account balances 2018-02-01 67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-02-01 0

Measure	Date	Value
2022: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	79
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	81
Number of other retired or separated participants entitled to future benefits	2022-01-01	44
Total of all active and inactive participants	2022-01-01	125
Total participants	2022-01-01	125
Number of participants with account balances	2022-01-01	97
2021: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	58
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	21
Total of all active and inactive participants	2021-01-01	79
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	79
Number of participants with account balances	2021-01-01	63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	74
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	63
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	26
Total of all active and inactive participants	2020-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	89
Number of participants with account balances	2020-01-01	77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	62
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	12
Total of all active and inactive participants	2019-01-01	74
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	74
Number of participants with account balances	2019-01-01	62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-02-01	99
Total number of active participants reported on line 7a of the Form 5500	2018-02-01	74
Number of retired or separated participants receiving benefits	2018-02-01	0
Number of other retired or separated participants entitled to future benefits	2018-02-01	15
Total of all active and inactive participants	2018-02-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-02-01	0
Total participants	2018-02-01	89
Number of participants with account balances	2018-02-01	67
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-02-01	0

Financial Data on AMERICAS' SAP USERS' GROUP 401(K) PLAN

Measure	Date	Value
2022 : AMERICAS' SAP USERS' GROUP 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-116,479
Expenses. Total of all expenses incurred	2022-12-31	$517,698
Benefits paid (including direct rollovers)	2022-12-31	$496,928
Total plan assets at end of year	2022-12-31	$4,132,644
Total plan assets at beginning of year	2022-12-31	$4,766,821
Value of fidelity bond covering the plan	2022-12-31	$500,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$525,011
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$13,669
Other income received	2022-12-31	$-1,000,913
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-634,177
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$4,132,644
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$4,766,821
Assets. Value of participant loans	2022-12-31	$23,548
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$345,754
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$20,770
2021 : AMERICAS' SAP USERS' GROUP 401(K) PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$1,309,273
Expenses. Total of all expenses incurred	2021-12-31	$1,168,073
Benefits paid (including direct rollovers)	2021-12-31	$1,145,282
Total plan assets at end of year	2021-12-31	$4,766,821
Total plan assets at beginning of year	2021-12-31	$4,625,621
Value of fidelity bond covering the plan	2021-12-31	$500,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$402,993
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$20,636
Other income received	2021-12-31	$615,453
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$141,200
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$4,766,821
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$4,625,621
Assets. Value of participant loans	2021-12-31	$65,443
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$270,191
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$22,791
2020 : AMERICAS' SAP USERS' GROUP 401(K) PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$1,479,952
Expenses. Total of all expenses incurred	2020-12-31	$982,041
Benefits paid (including direct rollovers)	2020-12-31	$971,333
Total plan assets at end of year	2020-12-31	$4,625,621
Total plan assets at beginning of year	2020-12-31	$4,127,710
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$385,916
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$107,085
Other income received	2020-12-31	$725,573
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$497,911
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$4,625,621
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$4,127,710
Assets. Value of participant loans	2020-12-31	$46,919
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$261,378
Value of certain deemed distributions of participant loans	2020-12-31	$-7,247
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$17,955
2019 : AMERICAS' SAP USERS' GROUP 401(K) PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$1,703,104
Expenses. Total of all expenses incurred	2019-12-31	$271,945
Benefits paid (including direct rollovers)	2019-12-31	$255,097
Total plan assets at end of year	2019-12-31	$4,127,710
Total plan assets at beginning of year	2019-12-31	$2,696,551
Value of fidelity bond covering the plan	2019-12-31	$400,000
Total contributions received or receivable from participants	2019-12-31	$467,167
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$187,092
Other income received	2019-12-31	$720,476
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$1,431,159
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$4,127,710
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,696,551
Assets. Value of participant loans	2019-12-31	$11,630
Total contributions received or receivable from employer(s)	2019-12-31	$328,369
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$1,777
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$15,071
2018 : AMERICAS' SAP USERS' GROUP 401(K) PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$1,895,988
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$851,495
Expenses. Total of all expenses incurred	2018-12-31	$50,932
Benefits paid (including direct rollovers)	2018-12-31	$42,525
Total plan assets at end of year	2018-12-31	$2,696,551
Total plan assets at beginning of year	2018-12-31	$0
Value of fidelity bond covering the plan	2018-12-31	$400,000
Total contributions received or receivable from participants	2018-12-31	$381,748
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$334,242
Other income received	2018-12-31	$-125,394
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$800,563
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,696,551
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Assets. Value of participant loans	2018-12-31	$20,951
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2018-12-31	$0
Total contributions received or receivable from employer(s)	2018-12-31	$260,899
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$8,407

Form 5500 Responses for AMERICAS' SAP USERS' GROUP 401(K) PLAN

2022: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	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: AMERICAS' SAP USERS' GROUP 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: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	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
2019: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: AMERICAS' SAP USERS' GROUP 401(K) PLAN 2018 form 5500 responses
2018-02-01	Type of plan entity	Single employer plan
2018-02-01	First time form 5500 has been submitted	Yes
2018-02-01	Submission has been amended	No
2018-02-01	This submission is the final filing	No
2018-02-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-02-01	Plan is a collectively bargained plan	No
2018-02-01	Plan funding arrangement – Trust	Yes
2018-02-01	Plan benefit arrangement - Trust	Yes

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Company Name:	AMERICAS' SAP USERS' GROUP
Employer identification number (EIN):	351868817
NAIC Classification:	611000