| Plan Name | IR PAYROLL SERVICES, INC. 401(K) PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | IR PAYROLL SERVICES, INC. |
| Employer identification number (EIN): | 475162573 |
| NAIC Classification: | 531310 |
Additional information about IR PAYROLL SERVICES, INC.
| Jurisdiction of Incorporation: | Texas Secretary of State |
| Incorporation Date: | 2015-09-17 |
| Company Identification Number: | 0802295156 |
| Legal Registered Office Address: |
2251 BROADWAY ST STE 108 SAN ANTONIO United States of America (USA) 78215 |
More information about IR PAYROLL SERVICES, INC.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2023-01-01 | CHRIS HORNE | 2024-07-23 | ||
| 001 | 2022-01-01 | DIANA P. PLYLER |
| Measure | Date | Value |
|---|---|---|
| 2025 : IR PAYROLL SERVICES, INC. 401(K) PLAN 2025 401k financial data | ||
| Total transfers to/from plan in this plan year | 2025-07-18 | 0 |
| Total expenses incurred by plan in this plan year | 2025-07-18 | 75183 |
| Net assets as of the end of the plan year | 2025-07-18 | 593067 |
| Total assets as of the beginning of the plan year | 2025-07-18 | 379484 |
| Value of plan covered by a fidelity bond | 2025-07-18 | 40000 |
| Participant contributions to plan in this plan year | 2025-07-18 | 165293 |
| Value of participant loans at end of plan year | 2025-07-18 | 13475 |
| Other contributions to plan in this plan year | 2025-07-18 | 0 |
| Other income to plan in this plan year | 2025-07-18 | 53611 |
| Plan net income in this plan year | 2025-07-18 | 213583 |
| Net assets as of the end of the plan year | 2025-07-18 | 593067 |
| Net assets as of the beginning of the plan year | 2025-07-18 | 379484 |
| Value of contributions failed to transmitted timely | 2025-07-18 | 0 |
| Employer contributions to plan in this plan year | 2025-07-18 | 69862 |
| Fees paid to broker by Benefit Provider | 2025-07-18 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-07-18 | 3032 |
| 2024 : IR PAYROLL SERVICES, INC. 401(K) PLAN 2024 401k financial data | ||
| Total transfers to/from plan in this plan year | 2024-07-23 | 0 |
| Total expenses incurred by plan in this plan year | 2024-07-23 | 76431 |
| Net assets as of the end of the plan year | 2024-07-23 | 379484 |
| Total assets as of the beginning of the plan year | 2024-07-23 | 127311 |
| Value of plan covered by a fidelity bond | 2024-07-23 | 20000 |
| Participant contributions to plan in this plan year | 2024-07-23 | 176595 |
| Value of participant loans at end of plan year | 2024-07-23 | 4388 |
| Other contributions to plan in this plan year | 2024-07-23 | 38471 |
| Other income to plan in this plan year | 2024-07-23 | 42649 |
| Plan net income in this plan year | 2024-07-23 | 252173 |
| Net assets as of the end of the plan year | 2024-07-23 | 379484 |
| Net assets as of the beginning of the plan year | 2024-07-23 | 127311 |
| Value of contributions failed to transmitted timely | 2024-07-23 | 7480 |
| Employer contributions to plan in this plan year | 2024-07-23 | 70889 |
| Fees paid to broker by Benefit Provider | 2024-07-23 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-07-23 | 1224 |
| 2022 : IR PAYROLL SERVICES, INC. 401(K) PLAN 2022 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $700 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $127,351 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $740 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $700 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $126,621 |
| Value of total assets at end of year | 2022-01-01 | $127,311 |
| Value of total assets at beginning of year | 2022-01-01 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $40 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $688 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $688 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $10,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $86,316 |
| Total non interest bearing cash at end of year | 2022-01-01 | $38,603 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $126,611 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $126,611 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $40 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $88,708 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $42 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $40,305 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $700 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $700 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $0 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | KBFALK, PLLC |
| Accountancy firm EIN | 2022-01-01 | 823097971 |