401k Plan data: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN plan

PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PAY-LESS OFFICE PRODUCTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: PAY-LESS OFFICE PRODUCTS, INC.

Employer identification number (EIN): 470687439

NAIC Classification: 424100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 JAMES MATGEN 2022-03-22
001 2020-01-01 JAMES MATGEN 2021-05-26
001 2019-01-01
001 2018-01-01 JAMES MATGEN
001 2017-01-01 JAMES MATGEN
001 2016-01-01 JAMES MATGEN
001 2015-01-01 JAMES MATGEN
001 2014-01-01 JAMES MATGEN
001 2013-01-01 JAMES MATGEN
001 2012-01-01 JAMES J. MATGEN 2013-02-19 JAMES J. MATGEN 2013-02-19
001 2011-01-01 JAMES J. MATGEN 2012-03-11 JAMES J. MATGEN 2012-03-11
001 2010-01-01 JAMES J. MATGEN 2011-02-17 JAMES J. MATGEN 2011-02-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-01-01	JAMES MATGEN	2022-03-22
001	2020-01-01	JAMES MATGEN	2021-05-26
001	2019-01-01
001	2018-01-01	JAMES MATGEN
001	2017-01-01	JAMES MATGEN
001	2016-01-01	JAMES MATGEN
001	2015-01-01	JAMES MATGEN
001	2014-01-01	JAMES MATGEN
001	2013-01-01	JAMES MATGEN
001	2012-01-01	JAMES J. MATGEN	2013-02-19	JAMES J. MATGEN	2013-02-19
001	2011-01-01	JAMES J. MATGEN	2012-03-11	JAMES J. MATGEN	2012-03-11
001	2010-01-01	JAMES J. MATGEN	2011-02-17	JAMES J. MATGEN	2011-02-17

Financial Data on PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-03-22	5765719
Net assets as of the end of the plan year	2022-03-22	0
Total assets as of the beginning of the plan year	2022-03-22	5215976
Participant contributions to plan in this plan year	2022-03-22	27172
Other expenses paid from plan in this plan year	2022-03-22	0
Other contributions to plan in this plan year	2022-03-22	0
Other income to plan in this plan year	2022-03-22	511977
Plan net income in this plan year	2022-03-22	-5215976
Net assets as of the end of the plan year	2022-03-22	0
Net assets as of the beginning of the plan year	2022-03-22	5215976
Employer contributions to plan in this plan year	2022-03-22	10594
Expensese paid to adminstrative service provicers from plan in this plan year	2022-03-22	10130
2019 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$1,025,849
Expenses. Total of all expenses incurred	2019-12-31	$145,625
Benefits paid (including direct rollovers)	2019-12-31	$142,545
Total plan assets at end of year	2019-12-31	$4,578,229
Total plan assets at beginning of year	2019-12-31	$3,698,005
Value of fidelity bond covering the plan	2019-12-31	$1,000,000
Total contributions received or receivable from participants	2019-12-31	$175,672
Contributions received from other sources (not participants or employers)	2019-12-31	$5,122
Other income received	2019-12-31	$758,628
Net income (gross income less expenses)	2019-12-31	$880,224
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$4,578,229
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$3,698,005
Assets. Value of participant loans	2019-12-31	$11,390
Total contributions received or receivable from employer(s)	2019-12-31	$86,427
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$3,080
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$103,998
Expenses. Total of all expenses incurred	2018-12-31	$20,235
Benefits paid (including direct rollovers)	2018-12-31	$19,285
Total plan assets at end of year	2018-12-31	$3,698,005
Total plan assets at beginning of year	2018-12-31	$3,614,242
Value of fidelity bond covering the plan	2018-12-31	$1,000,000
Total contributions received or receivable from participants	2018-12-31	$171,714
Contributions received from other sources (not participants or employers)	2018-12-31	$31,747
Other income received	2018-12-31	$-191,728
Net income (gross income less expenses)	2018-12-31	$83,763
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$3,698,005
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$3,614,242
Assets. Value of participant loans	2018-12-31	$4,318
Total contributions received or receivable from employer(s)	2018-12-31	$92,265
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$950
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$749,296
Expenses. Total of all expenses incurred	2017-12-31	$31,199
Benefits paid (including direct rollovers)	2017-12-31	$30,759
Total plan assets at end of year	2017-12-31	$3,614,242
Total plan assets at beginning of year	2017-12-31	$2,896,145
Value of fidelity bond covering the plan	2017-12-31	$1,000,000
Total contributions received or receivable from participants	2017-12-31	$158,571
Other income received	2017-12-31	$503,306
Net income (gross income less expenses)	2017-12-31	$718,097
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$3,614,242
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,896,145
Total contributions received or receivable from employer(s)	2017-12-31	$87,419
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$440
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$410,206
Expenses. Total of all expenses incurred	2016-12-31	$190,037
Benefits paid (including direct rollovers)	2016-12-31	$0
Total plan assets at end of year	2016-12-31	$2,896,145
Total plan assets at beginning of year	2016-12-31	$2,675,976
Value of fidelity bond covering the plan	2016-12-31	$1,000,000
Total contributions received or receivable from participants	2016-12-31	$123,669
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$201,307
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$220,169
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,896,145
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,675,976
Total contributions received or receivable from employer(s)	2016-12-31	$85,230
Value of certain deemed distributions of participant loans	2016-12-31	$189,377
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$660
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$258,175
Expenses. Total of all expenses incurred	2015-12-31	$41,650
Benefits paid (including direct rollovers)	2015-12-31	$35,970
Total plan assets at end of year	2015-12-31	$2,675,976
Total plan assets at beginning of year	2015-12-31	$2,459,451
Value of fidelity bond covering the plan	2015-12-31	$250,000
Total contributions received or receivable from participants	2015-12-31	$115,748
Other income received	2015-12-31	$-9,879
Net income (gross income less expenses)	2015-12-31	$216,525
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,675,976
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,459,451
Total contributions received or receivable from employer(s)	2015-12-31	$152,306
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$5,680
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$313,911
Expenses. Total of all expenses incurred	2014-12-31	$26,222
Benefits paid (including direct rollovers)	2014-12-31	$25,122
Total plan assets at end of year	2014-12-31	$2,459,451
Total plan assets at beginning of year	2014-12-31	$2,171,762
Value of fidelity bond covering the plan	2014-12-31	$250,000
Total contributions received or receivable from participants	2014-12-31	$111,947
Other income received	2014-12-31	$136,061
Net income (gross income less expenses)	2014-12-31	$287,689
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,459,451
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,171,762
Total contributions received or receivable from employer(s)	2014-12-31	$65,903
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$1,100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$485,027
Expenses. Total of all expenses incurred	2013-12-31	$91,308
Benefits paid (including direct rollovers)	2013-12-31	$83,178
Total plan assets at end of year	2013-12-31	$2,171,762
Total plan assets at beginning of year	2013-12-31	$1,778,043
Value of fidelity bond covering the plan	2013-12-31	$250,000
Total contributions received or receivable from participants	2013-12-31	$106,808
Contributions received from other sources (not participants or employers)	2013-12-31	$7,106
Other income received	2013-12-31	$312,121
Net income (gross income less expenses)	2013-12-31	$393,719
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,171,762
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,778,043
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	2013-12-31	$4,061
Total contributions received or receivable from employer(s)	2013-12-31	$58,992
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$8,130
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0

Form 5500 Responses for PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

2019: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING 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 – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PAY-LESS OFFICE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	872799
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	872799
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	872799
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	872799
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	872799
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	872799
Policy instance	1

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Company Name:	PAY-LESS OFFICE PRODUCTS, INC.
Employer identification number (EIN):	470687439
NAIC Classification:	424100