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CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameCONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN
Plan identification number 001

CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 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.
  • 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

CONTINENTAL LINEN SERVICES has sponsored the creation of one or more 401k plans.

Company Name:CONTINENTAL LINEN SERVICES
Employer identification number (EIN):380703690
NAIC Classification:812330
NAIC Description: Linen and Uniform Supply

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01STEVEN SHERBURN2023-10-10
0012021-01-01STEVEN SHERBURN2022-10-11
0012021-01-01STEVEN SHERBURN2023-04-23
0012020-01-01STEVEN SHERBURN2021-10-10
0012020-01-01STEVEN SHERBURN2021-10-10
0012019-01-01STEVEN SHERBURN2020-10-07
0012018-01-01STEVE SHERBURN2019-10-10
0012017-01-01
0012016-01-01DEAN MACVICAR
0012015-01-01DEAN MACVICAR
0012014-01-01DEAN MACVICAR
0012013-01-01BRIAN GLEASON2014-07-25 BRIAN GLEASON2014-07-25
0012012-01-01BRIAN GLEASON2013-07-15 BRIAN GLEASON2013-07-15
0012011-01-01SARAH WRUBEL2012-10-10 SARAH WRUBEL2012-10-10
0012010-01-01ROBERT BENGTSSON2011-03-22 ROBERT BENGTSSON2011-03-22

Plan Statistics for CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN

401k plan membership statisitcs for CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN

Measure Date Value
2022: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01161
Total number of active participants reported on line 7a of the Form 55002022-01-01135
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0119
Total of all active and inactive participants2022-01-01155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01155
Number of participants with account balances2022-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01168
Total number of active participants reported on line 7a of the Form 55002021-01-01144
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0121
Total of all active and inactive participants2021-01-01167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01167
Number of participants with account balances2021-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01198
Total number of active participants reported on line 7a of the Form 55002020-01-01163
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0121
Total of all active and inactive participants2020-01-01184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01184
Number of participants with account balances2020-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01183
Total number of active participants reported on line 7a of the Form 55002019-01-01137
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0119
Total of all active and inactive participants2019-01-01156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01156
Number of participants with account balances2019-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01172
Total number of active participants reported on line 7a of the Form 55002018-01-01150
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0121
Total of all active and inactive participants2018-01-01171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01171
Number of participants with account balances2018-01-0197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0156
Total number of active participants reported on line 7a of the Form 55002017-01-01159
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0113
Total of all active and inactive participants2017-01-01172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01172
Number of participants with account balances2017-01-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0175
Total number of active participants reported on line 7a of the Form 55002016-01-0151
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0156
Number of participants with account balances2016-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0154
Total number of active participants reported on line 7a of the Form 55002015-01-0157
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-018
Total of all active and inactive participants2015-01-0165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0165
Number of participants with account balances2015-01-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0146
Total number of active participants reported on line 7a of the Form 55002014-01-0148
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0151
Number of participants with account balances2014-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN

Measure Date Value
2022 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-170,579
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$261,976
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$216,796
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$809,532
Value of total assets at end of year2022-12-31$5,347,643
Value of total assets at beginning of year2022-12-31$5,780,198
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$45,180
Total interest from all sources2022-12-31$11,610
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 year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$45,180
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$331,376
Participant contributions at end of year2022-12-31$49,884
Participant contributions at beginning of year2022-12-31$49,699
Participant contributions at beginning of year2022-12-31$0
Assets. Other investments not covered elsewhere at end of year2022-12-31$1,985,245
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$2,443,909
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$321,623
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$3,931
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$2,807
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-432,555
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,347,643
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$5,780,198
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,717,152
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$3,209,768
Interest on participant loans2022-12-31$2,829
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$591,431
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$74,015
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$74,015
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$8,781
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-991,721
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$156,533
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$216,796
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SEBER TANS
Accountancy firm EIN2022-12-31200503877
2021 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,168,718
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$282,579
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$237,615
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$407,668
Value of total assets at end of year2021-12-31$5,780,198
Value of total assets at beginning of year2021-12-31$4,894,059
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$44,964
Total interest from all sources2021-12-31$2,407
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$44,964
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$276,068
Participant contributions at end of year2021-12-31$49,699
Participant contributions at beginning of year2021-12-31$38,590
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$924
Assets. Other investments not covered elsewhere at end of year2021-12-31$2,443,909
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$2,045,726
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$2,807
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$1,495
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$886,139
Value of net assets at end of year (total assets less liabilities)2021-12-31$5,780,198
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,894,059
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$3,209,768
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,732,332
Interest on participant loans2021-12-31$2,404
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$74,015
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$74,300
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$74,300
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$758,643
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$131,600
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$692
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$237,615
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
Accountancy firm name2021-12-31SEBER TANS
Accountancy firm EIN2021-12-31200503877
2020 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$1,072,942
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$96,938
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$61,614
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$378,968
Value of total assets at end of year2020-12-31$4,894,059
Value of total assets at beginning of year2020-12-31$3,918,055
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$35,324
Total interest from all sources2020-12-31$1,873
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$35,324
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$400,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$248,331
Participant contributions at end of year2020-12-31$38,590
Participant contributions at beginning of year2020-12-31$44,033
Participant contributions at end of year2020-12-31$924
Assets. Other investments not covered elsewhere at end of year2020-12-31$2,045,726
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$1,682,499
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$9,927
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$1,495
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$266
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$976,004
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,894,059
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,918,055
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,732,332
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,191,239
Interest on participant loans2020-12-31$1,675
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$74,300
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$18
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$18
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$198
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$692,101
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$120,710
Employer contributions (assets) at end of year2020-12-31$692
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$61,614
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31SEBER TANS
Accountancy firm EIN2020-12-31200503877
2019 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$1,114,568
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$74,160
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$42,116
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$391,797
Value of total assets at end of year2019-12-31$3,918,055
Value of total assets at beginning of year2019-12-31$2,877,647
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$32,044
Total interest from all sources2019-12-31$2,118
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$107,641
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$107,641
Administrative expenses professional fees incurred2019-12-31$32,044
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$400,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$250,426
Participant contributions at end of year2019-12-31$44,033
Participant contributions at beginning of year2019-12-31$26,437
Participant contributions at beginning of year2019-12-31$8,055
Assets. Other investments not covered elsewhere at end of year2019-12-31$1,682,499
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$1,240,035
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$4,314
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$266
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,040,408
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,918,055
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,877,647
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,191,239
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,598,833
Interest on participant loans2019-12-31$2,118
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$18
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$613,012
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$137,057
Employer contributions (assets) at beginning of year2019-12-31$4,067
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$42,116
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31SEBER TANS
Accountancy firm EIN2019-12-31200503877
2018 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$153,735
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$268,035
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$238,903
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$350,717
Value of total assets at end of year2018-12-31$2,877,647
Value of total assets at beginning of year2018-12-31$2,991,947
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$29,132
Total interest from all sources2018-12-31$1,277
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$96,589
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$96,589
Administrative expenses professional fees incurred2018-12-31$29,132
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$400,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$221,737
Participant contributions at end of year2018-12-31$26,437
Participant contributions at beginning of year2018-12-31$10,542
Participant contributions at end of year2018-12-31$8,055
Assets. Other investments not covered elsewhere at end of year2018-12-31$1,240,035
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$1,755
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$220
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$590
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-114,300
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,877,647
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,991,947
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$1,598,833
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,933,944
Interest on participant loans2018-12-31$1,277
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$46,871
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$46,871
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-294,848
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$127,225
Employer contributions (assets) at end of year2018-12-31$4,067
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$238,903
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31SEBER TANS
Accountancy firm EIN2018-12-31200503877
2017 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$820,934
Expenses. Total of all expenses incurred2017-12-31$1,327,646
Benefits paid (including direct rollovers)2017-12-31$1,293,424
Total plan assets at end of year2017-12-31$2,991,947
Total plan assets at beginning of year2017-12-31$3,498,659
Value of fidelity bond covering the plan2017-12-31$400,000
Total contributions received or receivable from participants2017-12-31$156,630
Contributions received from other sources (not participants or employers)2017-12-31$14
Other income received2017-12-31$562,845
Net income (gross income less expenses)2017-12-31$-506,712
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,991,947
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$3,498,659
Assets. Value of participant loans2017-12-31$10,542
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-12-31$299
Total contributions received or receivable from employer(s)2017-12-31$101,445
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$34,222
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-12-31$535,131
Expenses. Total of all expenses incurred2016-12-31$189,832
Benefits paid (including direct rollovers)2016-12-31$160,356
Total plan assets at end of year2016-12-31$3,498,659
Total plan assets at beginning of year2016-12-31$3,153,360
Value of fidelity bond covering the plan2016-12-31$200,000
Total contributions received or receivable from participants2016-12-31$140,465
Contributions received from other sources (not participants or employers)2016-12-31$63,216
Other income received2016-12-31$245,509
Net income (gross income less expenses)2016-12-31$345,299
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,498,659
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$3,153,360
Assets. Value of participant loans2016-12-31$22,299
Total contributions received or receivable from employer(s)2016-12-31$85,941
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$29,476
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2015 401k financial data
Total income from all sources2015-12-31$135,872
Expenses. Total of all expenses incurred2015-12-31$122,391
Benefits paid (including direct rollovers)2015-12-31$92,250
Total plan assets at end of year2015-12-31$3,153,360
Total plan assets at beginning of year2015-12-31$3,139,879
Value of fidelity bond covering the plan2015-12-31$200,000
Total contributions received or receivable from participants2015-12-31$125,188
Contributions received from other sources (not participants or employers)2015-12-31$2,014
Other income received2015-12-31$-73,225
Net income (gross income less expenses)2015-12-31$13,481
Net plan assets at end of year (total assets less liabilities)2015-12-31$3,153,360
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$3,139,879
Assets. Value of participant loans2015-12-31$28,522
Total contributions received or receivable from employer(s)2015-12-31$81,895
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$30,141
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2014 401k financial data
Total income from all sources2014-12-31$348,584
Expenses. Total of all expenses incurred2014-12-31$53,639
Benefits paid (including direct rollovers)2014-12-31$36,015
Total plan assets at end of year2014-12-31$3,139,879
Total plan assets at beginning of year2014-12-31$2,844,934
Value of fidelity bond covering the plan2014-12-31$200,000
Total contributions received or receivable from participants2014-12-31$93,583
Contributions received from other sources (not participants or employers)2014-12-31$4,717
Other income received2014-12-31$184,113
Net income (gross income less expenses)2014-12-31$294,945
Net plan assets at end of year (total assets less liabilities)2014-12-31$3,139,879
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,844,934
Assets. Value of participant loans2014-12-31$46,417
Total contributions received or receivable from employer(s)2014-12-31$66,171
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$17,624
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0

Form 5500 Responses for CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN

2022: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle 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: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle 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: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
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
2017: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 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: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 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: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 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: CONTINENTAL LINEN SERVICES 401(K) RETIREMENT PLAN 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

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