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PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 401k Plan overview

Plan NamePINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN
Plan identification number 333

PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.
  • Unknown benefit code

401k Sponsoring company profile

PINNACLE EMPLOYEE SERVICES has sponsored the creation of one or more 401k plans.

Company Name:PINNACLE EMPLOYEE SERVICES
Employer identification number (EIN):471368882
NAIC Classification:561300

Additional information about PINNACLE EMPLOYEE SERVICES

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 5570583

More information about PINNACLE EMPLOYEE SERVICES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332022-01-01
3332021-01-01
3332020-01-01
3332019-01-01
3332018-01-01
3332017-01-01MICHAEL LUCIA
3332016-01-01MICHAEL LUCIA2017-10-13
3332015-01-01MICHAEL LUCIA2016-09-12

Plan Statistics for PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN

401k plan membership statisitcs for PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2022: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,260
Total number of active participants reported on line 7a of the Form 55002022-01-011,043
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-01184
Total of all active and inactive participants2022-01-011,228
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-011,229
Number of participants with account balances2022-01-01590
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-018
2021: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01826
Total number of active participants reported on line 7a of the Form 55002021-01-01967
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-01243
Total of all active and inactive participants2021-01-011,212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-011,214
Number of participants with account balances2021-01-01711
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-017
2020: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011,333
Total number of active participants reported on line 7a of the Form 55002020-01-01449
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01219
Total of all active and inactive participants2020-01-01668
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-013
Total participants2020-01-01671
Number of participants with account balances2020-01-01671
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-015
2019: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01471
Total number of active participants reported on line 7a of the Form 55002019-01-011,115
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-01214
Total of all active and inactive participants2019-01-011,331
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-011,333
Number of participants with account balances2019-01-01638
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0110
2018: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01148
Total number of active participants reported on line 7a of the Form 55002018-01-01281
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01140
Total of all active and inactive participants2018-01-01421
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01422
Number of participants with account balances2018-01-01422
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-018
2017: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01121
Total number of active participants reported on line 7a of the Form 55002017-01-01111
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0137
Total of all active and inactive participants2017-01-01148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01148
Number of participants with account balances2017-01-01148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011

Financial Data on PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2022 : PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2022 401k financial data
Total transfer of assets to this plan2022-12-31$91,518
Total transfer of assets from this plan2022-12-31$15,919,889
Total income from all sources (including contributions)2022-12-31$-996,204
Total of all expenses incurred2022-12-31$1,420,217
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,366,267
Expenses. Certain deemed distributions of participant loans2022-12-31$4,580
Value of total corrective distributions2022-12-31$5,158
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,864,454
Value of total assets at end of year2022-12-31$15,405,764
Value of total assets at beginning of year2022-12-31$33,650,556
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$44,212
Total interest from all sources2022-12-31$25,210
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$14,250
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 period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,729,516
Participant contributions at end of year2022-12-31$180,164
Participant contributions at beginning of year2022-12-31$531,323
Participant contributions at end of year2022-12-31$131,560
Participant contributions at beginning of year2022-12-31$118,459
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$510,672
Administrative expenses (other) incurred2022-12-31$29,962
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,416,421
Value of net assets at end of year (total assets less liabilities)2022-12-31$15,405,764
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$33,650,556
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 pooled separate accounts at end of year2022-12-31$14,443,589
Value of interest in pooled separate accounts at beginning of year2022-12-31$29,088,913
Interest on participant loans2022-12-31$15,482
Interest earned on other investments2022-12-31$9,728
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$588,977
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$3,879,303
Net investment gain/loss from pooled separate accounts2022-12-31$-3,885,868
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$624,266
Employer contributions (assets) at end of year2022-12-31$61,474
Employer contributions (assets) at beginning of year2022-12-31$32,558
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,366,267
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
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 name2022-12-31BONADIO & CO., LLP
Accountancy firm EIN2022-12-31161131146
2021 : PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$6,860,012
Total of all expenses incurred2021-12-31$1,293,764
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,196,229
Expenses. Certain deemed distributions of participant loans2021-12-31$-1,226
Value of total corrective distributions2021-12-31$49,820
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,251,707
Value of total assets at end of year2021-12-31$33,650,556
Value of total assets at beginning of year2021-12-31$28,084,308
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$48,941
Total interest from all sources2021-12-31$54,259
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$13,890
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$2,291,518
Participant contributions at end of year2021-12-31$531,323
Participant contributions at beginning of year2021-12-31$499,619
Participant contributions at end of year2021-12-31$118,459
Participant contributions at beginning of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$308,836
Administrative expenses (other) incurred2021-12-31$35,051
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$5,566,248
Value of net assets at end of year (total assets less liabilities)2021-12-31$33,650,556
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$28,084,308
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 pooled separate accounts at end of year2021-12-31$29,088,913
Value of interest in pooled separate accounts at beginning of year2021-12-31$23,498,822
Interest on participant loans2021-12-31$25,839
Interest earned on other investments2021-12-31$28,420
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$3,879,303
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$3,771,767
Net investment gain/loss from pooled separate accounts2021-12-31$3,554,046
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$651,353
Employer contributions (assets) at end of year2021-12-31$32,558
Employer contributions (assets) at beginning of year2021-12-31$314,100
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,196,229
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
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 plan2021-12-31Unqualified
Accountancy firm name2021-12-31BOWERS AND COMPANY CPAS PLLC
Accountancy firm EIN2021-12-31201317788
2020 : PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2020 401k financial data
Total transfer of assets to this plan2020-12-31$529,879
Total transfer of assets from this plan2020-12-31$306,609
Total income from all sources (including contributions)2020-12-31$6,299,738
Total of all expenses incurred2020-12-31$744,276
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$731,143
Expenses. Certain deemed distributions of participant loans2020-12-31$-75,807
Value of total corrective distributions2020-12-31$48,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$3,119,564
Value of total assets at end of year2020-12-31$28,084,308
Value of total assets at beginning of year2020-12-31$22,305,576
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$40,775
Total interest from all sources2020-12-31$50,046
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$12,250
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
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$1,947,763
Participant contributions at end of year2020-12-31$499,619
Participant contributions at beginning of year2020-12-31$498,013
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$79,197
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$325,299
Administrative expenses (other) incurred2020-12-31$28,525
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$5,555,462
Value of net assets at end of year (total assets less liabilities)2020-12-31$28,084,308
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$22,305,576
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 pooled separate accounts at end of year2020-12-31$23,498,822
Value of interest in pooled separate accounts at beginning of year2020-12-31$19,338,089
Interest on participant loans2020-12-31$29,104
Interest earned on other investments2020-12-31$20,942
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$3,771,767
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$2,086,550
Net investment gain/loss from pooled separate accounts2020-12-31$3,130,128
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$846,502
Employer contributions (assets) at end of year2020-12-31$314,100
Employer contributions (assets) at beginning of year2020-12-31$303,727
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$731,143
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31DANNIBLE & MCKEE, LLP
Accountancy firm EIN2020-12-31330996661
2019 : PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2019 401k financial data
Total transfer of assets to this plan2019-12-31$1,008,870
Total transfer of assets to this plan2019-12-31$1,008,870
Total income from all sources (including contributions)2019-12-31$5,749,409
Total income from all sources (including contributions)2019-12-31$5,749,409
Total of all expenses incurred2019-12-31$813,765
Total of all expenses incurred2019-12-31$813,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$686,947
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$686,947
Expenses. Certain deemed distributions of participant loans2019-12-31$85,384
Expenses. Certain deemed distributions of participant loans2019-12-31$85,384
Value of total corrective distributions2019-12-31$2,249
Value of total corrective distributions2019-12-31$2,249
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,593,910
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,593,910
Value of total assets at end of year2019-12-31$22,305,576
Value of total assets at end of year2019-12-31$22,305,576
Value of total assets at beginning of year2019-12-31$16,361,062
Value of total assets at beginning of year2019-12-31$16,361,062
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$39,185
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$39,185
Total interest from all sources2019-12-31$36,144
Total interest from all sources2019-12-31$36,144
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$19,748
Administrative expenses professional fees incurred2019-12-31$19,748
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
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
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,642,218
Contributions received from participants2019-12-31$1,642,218
Participant contributions at end of year2019-12-31$498,013
Participant contributions at end of year2019-12-31$498,013
Participant contributions at beginning of year2019-12-31$408,095
Participant contributions at beginning of year2019-12-31$408,095
Participant contributions at end of year2019-12-31$79,197
Participant contributions at end of year2019-12-31$79,197
Participant contributions at beginning of year2019-12-31$24,500
Participant contributions at beginning of year2019-12-31$24,500
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$226,301
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$226,301
Administrative expenses (other) incurred2019-12-31$19,437
Administrative expenses (other) incurred2019-12-31$19,437
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
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$4,935,644
Value of net income/loss2019-12-31$4,935,644
Value of net assets at end of year (total assets less liabilities)2019-12-31$22,305,576
Value of net assets at end of year (total assets less liabilities)2019-12-31$22,305,576
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$16,361,062
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$16,361,062
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$19,338,089
Value of interest in pooled separate accounts at end of year2019-12-31$19,338,089
Value of interest in pooled separate accounts at beginning of year2019-12-31$13,841,014
Value of interest in pooled separate accounts at beginning of year2019-12-31$13,841,014
Interest on participant loans2019-12-31$18,670
Interest on participant loans2019-12-31$18,670
Interest earned on other investments2019-12-31$17,474
Interest earned on other investments2019-12-31$17,474
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$2,086,550
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$2,086,550
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,869,252
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,869,252
Net investment gain/loss from pooled separate accounts2019-12-31$3,119,355
Net investment gain/loss from pooled separate accounts2019-12-31$3,119,355
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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 contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$725,391
Contributions received in cash from employer2019-12-31$725,391
Employer contributions (assets) at end of year2019-12-31$303,727
Employer contributions (assets) at end of year2019-12-31$303,727
Employer contributions (assets) at beginning of year2019-12-31$218,201
Employer contributions (assets) at beginning of year2019-12-31$218,201
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$686,947
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$686,947
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
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
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
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DANNIBLE & MCKEE, LLP
Accountancy firm name2019-12-31DANNIBLE & MCKEE, LLP
Accountancy firm EIN2019-12-31330996661
Accountancy firm EIN2019-12-31330996661
2018 : PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2018 401k financial data
Total transfer of assets to this plan2018-12-31$12,825,251
Total transfer of assets from this plan2018-12-31$370,848
Total income from all sources (including contributions)2018-12-31$946,196
Total of all expenses incurred2018-12-31$255,021
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$224,327
Expenses. Certain deemed distributions of participant loans2018-12-31$7,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,956,600
Value of total assets at end of year2018-12-31$16,361,062
Value of total assets at beginning of year2018-12-31$3,215,484
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$23,593
Total interest from all sources2018-12-31$19,572
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$5,300
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
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$1,035,053
Participant contributions at end of year2018-12-31$408,095
Participant contributions at beginning of year2018-12-31$104,263
Participant contributions at end of year2018-12-31$24,500
Participant contributions at beginning of year2018-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$442,544
Administrative expenses (other) incurred2018-12-31$17,535
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$691,175
Value of net assets at end of year (total assets less liabilities)2018-12-31$16,361,062
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,215,484
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 pooled separate accounts at end of year2018-12-31$13,841,014
Value of interest in pooled separate accounts at beginning of year2018-12-31$3,086,204
Interest on participant loans2018-12-31$11,146
Interest earned on other investments2018-12-31$8,426
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$1,869,252
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$25,017
Net investment gain/loss from pooled separate accounts2018-12-31$-1,029,976
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 contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$479,003
Employer contributions (assets) at end of year2018-12-31$218,201
Employer contributions (assets) at beginning of year2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$224,327
Contract administrator fees2018-12-31$758
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
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 name2018-12-31DANNILE & MCKEE, LLP
Accountancy firm EIN2018-12-31330996661
2017 : PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2017 401k financial data
Total transfer of assets to this plan2017-12-31$294,474
Total income from all sources (including contributions)2017-12-31$1,334,397
Total of all expenses incurred2017-12-31$714,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$705,460
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$915,153
Value of total assets at end of year2017-12-31$3,215,484
Value of total assets at beginning of year2017-12-31$2,301,601
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$9,528
Total interest from all sources2017-12-31$3,644
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$322,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$279,436
Participant contributions at end of year2017-12-31$104,263
Participant contributions at beginning of year2017-12-31$99,822
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$542,913
Administrative expenses (other) incurred2017-12-31$9,528
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$619,409
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,215,484
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,301,601
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$3,086,204
Value of interest in pooled separate accounts at beginning of year2017-12-31$2,182,457
Interest on participant loans2017-12-31$3,485
Interest earned on other investments2017-12-31$159
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$25,017
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$19,322
Net investment gain/loss from pooled separate accounts2017-12-31$415,600
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$92,804
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$705,460
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31DANNIBLE & MCKEE, LLP
Accountancy firm EIN2017-12-31330996661

Form 5500 Responses for PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN

2022: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932400
Policy instance 1
Insurance contract or identification number932400
Number of Individuals Covered590
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $32,956
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $32,933
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932400
Policy instance 1
Insurance contract or identification number932400
Number of Individuals Covered711
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $74,863
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $74,863
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932400
Policy instance 1
Insurance contract or identification number932400
Number of Individuals Covered671
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $58,936
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $58,662
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932400
Policy instance 1
Insurance contract or identification number932400
Number of Individuals Covered638
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $44,383
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $44,334
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932400
Policy instance 1
Insurance contract or identification number932400
Number of Individuals Covered422
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $73,975
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $56,554
Insurance broker organization code?3
TRANSAMERICA FINANCIAL LIFE INS CO (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932400
Policy instance 1
Insurance contract or identification number932400
Number of Individuals Covered148
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $24,012
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $16,730
Insurance broker organization code?3
Insurance broker namePINNACLE INVESTMENTS LLC

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