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PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NamePLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 003

PLATINUM DB CONSULTING INC 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

PLATINUM DB CONSULTING, INC. has sponsored the creation of one or more 401k plans.

Company Name:PLATINUM DB CONSULTING, INC.
Employer identification number (EIN):364290751
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about PLATINUM DB CONSULTING, INC.

Jurisdiction of Incorporation: Oregon Secretary of State Corporations Division
Incorporation Date: 2015-09-03
Company Identification Number: 114280399

More information about PLATINUM DB CONSULTING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032024-01-01ROBERT DEROSA
0032023-01-01
0032023-01-01ROBERT DEROSA
0032022-01-01
0032022-01-01ROBERT DEROSA
0032021-01-01
0032021-01-01ROBERT DEROSA
0032020-01-01
0032019-01-01
0032018-01-01ROBERT DEROSA
0032017-01-01ROBERT DEROSA
0032016-01-01ROBERT DEROSA
0032015-01-01ROBERT DEROSA
0032014-01-01ROBERT DEROSA
0032013-01-01ROBERT DEROSA2014-08-01
0032012-01-01ROBERT DEROSA2013-06-19
0032011-01-01ROBERT DEROSA2012-09-04
0032010-01-01ROBERT DEROSA2011-06-29

Plan Statistics for PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2023: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-0116
Total number of active participants reported on line 7a of the Form 55002023-01-0112
Number of other retired or separated participants entitled to future benefits2023-01-013
Total of all active and inactive participants2023-01-0115
Total participants2023-01-0115
Number of participants with account balances2023-01-0114
2022: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-0115
Total number of active participants reported on line 7a of the Form 55002022-01-0112
Number of other retired or separated participants entitled to future benefits2022-01-014
Total of all active and inactive participants2022-01-0116
Total participants2022-01-0116
Number of participants with account balances2022-01-0115
2021: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-0115
Total number of active participants reported on line 7a of the Form 55002021-01-0111
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-0115
Total participants2021-01-0115
Number of participants with account balances2021-01-0114
2020: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0116
Total number of active participants reported on line 7a of the Form 55002020-01-0112
Number of other retired or separated participants entitled to future benefits2020-01-013
Total of all active and inactive participants2020-01-0115
Total participants2020-01-0115
Number of participants with account balances2020-01-0114
2019: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0116
Total number of active participants reported on line 7a of the Form 55002019-01-0112
Number of other retired or separated participants entitled to future benefits2019-01-014
Total of all active and inactive participants2019-01-0116
Total participants2019-01-0116
Number of participants with account balances2019-01-0114
2018: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0116
Total number of active participants reported on line 7a of the Form 55002018-01-0112
Number of other retired or separated participants entitled to future benefits2018-01-013
Total of all active and inactive participants2018-01-0115
Total participants2018-01-0115
Number of participants with account balances2018-01-0113
2017: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0116
Total number of active participants reported on line 7a of the Form 55002017-01-0111
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-0115
Total participants2017-01-0115
Number of participants with account balances2017-01-0113
2016: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0113
Total number of active participants reported on line 7a of the Form 55002016-01-0110
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0114
Total participants2016-01-0114
Number of participants with account balances2016-01-0114
2015: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0114
Total number of active participants reported on line 7a of the Form 55002015-01-0110
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-0113
Total participants2015-01-0113
Number of participants with account balances2015-01-0110
2014: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0115
Total number of active participants reported on line 7a of the Form 55002014-01-0112
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-0114
Total participants2014-01-0114
Number of participants with account balances2014-01-0110

Financial Data on PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2023 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2023 401k financial data
Total income from all sources2023-12-31$738,193
Expenses. Total of all expenses incurred2023-12-31$14,360
Total plan assets at end of year2023-12-31$3,681,157
Total plan assets at beginning of year2023-12-31$2,957,324
Total contributions received or receivable from participants2023-12-31$166,066
Other income received2023-12-31$508,484
Net income (gross income less expenses)2023-12-31$723,833
Net plan assets at end of year (total assets less liabilities)2023-12-31$3,681,157
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$2,957,324
Total contributions received or receivable from employer(s)2023-12-31$63,643
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$14,360
2022 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total income from all sources2022-12-31$-345,973
Expenses. Total of all expenses incurred2022-12-31$12,945
Benefits paid (including direct rollovers)2022-12-31$1,942
Total plan assets at end of year2022-12-31$2,957,324
Total plan assets at beginning of year2022-12-31$3,316,242
Total contributions received or receivable from participants2022-12-31$145,808
Other income received2022-12-31$-546,703
Net income (gross income less expenses)2022-12-31$-358,918
Net plan assets at end of year (total assets less liabilities)2022-12-31$2,957,324
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$3,316,242
Total contributions received or receivable from employer(s)2022-12-31$54,922
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$11,003
2021 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2021 401k financial data
Total income from all sources2021-12-31$716,956
Expenses. Total of all expenses incurred2021-12-31$10,461
Total plan assets at end of year2021-12-31$3,316,242
Total plan assets at beginning of year2021-12-31$2,609,747
Value of fidelity bond covering the plan2021-12-31$385,000
Total contributions received or receivable from participants2021-12-31$153,784
Other income received2021-12-31$505,803
Net income (gross income less expenses)2021-12-31$706,495
Net plan assets at end of year (total assets less liabilities)2021-12-31$3,316,242
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,609,747
Total contributions received or receivable from employer(s)2021-12-31$57,369
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$10,461
2020 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data
Total income from all sources2020-12-31$475,476
Expenses. Total of all expenses incurred2020-12-31$7,552
Benefits paid (including direct rollovers)2020-12-31$4
Total plan assets at end of year2020-12-31$2,609,747
Total plan assets at beginning of year2020-12-31$2,141,823
Total contributions received or receivable from participants2020-12-31$93,166
Other income received2020-12-31$337,626
Net income (gross income less expenses)2020-12-31$467,924
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,609,747
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,141,823
Assets. Value of participant loans2020-12-31$50,000
Total contributions received or receivable from employer(s)2020-12-31$44,684
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$7,548
Funding deficiency by the employer to the plan for this plan year2020-12-31$0
Minimum employer required contribution for this plan year2020-12-31$0
Amount contributed by the employer to the plan for this plan year2020-12-31$0
2019 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2019 401k financial data
Total income from all sources2019-12-31$542,529
Expenses. Total of all expenses incurred2019-12-31$13,689
Benefits paid (including direct rollovers)2019-12-31$7,058
Total plan assets at end of year2019-12-31$2,141,823
Total plan assets at beginning of year2019-12-31$1,612,983
Total contributions received or receivable from participants2019-12-31$104,413
Other income received2019-12-31$395,511
Net income (gross income less expenses)2019-12-31$528,840
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,141,823
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,612,983
Total contributions received or receivable from employer(s)2019-12-31$42,605
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$6,631
Funding deficiency by the employer to the plan for this plan year2019-12-31$0
Minimum employer required contribution for this plan year2019-12-31$0
Amount contributed by the employer to the plan for this plan year2019-12-31$0
2018 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2018 401k financial data
Total income from all sources2018-12-31$-6,554
Expenses. Total of all expenses incurred2018-12-31$11,491
Benefits paid (including direct rollovers)2018-12-31$5,758
Total plan assets at end of year2018-12-31$1,612,983
Total plan assets at beginning of year2018-12-31$1,631,028
Total contributions received or receivable from participants2018-12-31$95,116
Other income received2018-12-31$-141,813
Net income (gross income less expenses)2018-12-31$-18,045
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,612,983
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,631,028
Total contributions received or receivable from employer(s)2018-12-31$40,143
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$5,733
Funding deficiency by the employer to the plan for this plan year2018-12-31$0
Minimum employer required contribution for this plan year2018-12-31$0
Amount contributed by the employer to the plan for this plan year2018-12-31$0
2017 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data
Total income from all sources2017-12-31$393,240
Expenses. Total of all expenses incurred2017-12-31$191,650
Benefits paid (including direct rollovers)2017-12-31$190,472
Total plan assets at end of year2017-12-31$1,631,028
Total plan assets at beginning of year2017-12-31$1,429,438
Total contributions received or receivable from participants2017-12-31$104,851
Expenses. Other expenses not covered elsewhere2017-12-31$1,178
Other income received2017-12-31$235,805
Net income (gross income less expenses)2017-12-31$201,590
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,631,028
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,429,438
Total contributions received or receivable from employer(s)2017-12-31$52,584
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 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Total income from all sources2016-12-31$251,442
Total plan assets at end of year2016-12-31$1,429,438
Total plan assets at beginning of year2016-12-31$1,177,996
Total contributions received or receivable from participants2016-12-31$103,572
Other income received2016-12-31$105,367
Net income (gross income less expenses)2016-12-31$251,442
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,429,438
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,177,996
Total contributions received or receivable from employer(s)2016-12-31$42,503
2015 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Total income from all sources2015-12-31$106,283
Total plan assets at end of year2015-12-31$1,177,996
Total plan assets at beginning of year2015-12-31$1,071,713
Total contributions received or receivable from participants2015-12-31$80,969
Other income received2015-12-31$-15,586
Net income (gross income less expenses)2015-12-31$106,283
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,177,996
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,071,713
Total contributions received or receivable from employer(s)2015-12-31$40,900
2014 : PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total income from all sources2014-12-31$194,571
Total plan assets at end of year2014-12-31$1,071,713
Total plan assets at beginning of year2014-12-31$877,142
Value of fidelity bond covering the plan2014-12-31$100,000
Total contributions received or receivable from participants2014-12-31$93,653
Other income received2014-12-31$48,411
Net income (gross income less expenses)2014-12-31$194,571
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,071,713
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$877,142
Total contributions received or receivable from employer(s)2014-12-31$52,507

Form 5500 Responses for PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST

2023: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PLATINUM DB CONSULTING INC 401(K) PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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