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SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 401k Plan overview

Plan NameSOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN
Plan identification number 001

SOUTHERN BUSINESS SYSTEMS, INC. 401K 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

SOUTHERN BUSINESS SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTHERN BUSINESS SYSTEMS, INC.
Employer identification number (EIN):581259556
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about SOUTHERN BUSINESS SYSTEMS, INC.

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date: 1976-05-14
Company Identification Number: 536701
Legal Registered Office Address: 1865 Corporate Drive

Suite 200
United States of America (USA)
GA

More information about SOUTHERN BUSINESS SYSTEMS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01MS. ELIZABETH F. BUTLER2015-04-21
0012013-01-01MS. ELIZABETH F. BUTLER2014-07-22
0012012-01-01MS. ELIZABETH F. BUTLER
0012011-01-01MS. ELIZABETH F. BUTLER
0012010-01-01MS. ELIZABETH F. BUTLER
0012009-01-01MS. ELIZABETH F. BUTLER

Financial Data on SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN

Measure Date Value
2012 : SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2012 401k financial data
Total income from all sources2012-12-31$116,859
Expenses. Total of all expenses incurred2012-12-31$202,596
Benefits paid (including direct rollovers)2012-12-31$202,596
Total plan assets at end of year2012-12-31$788,071
Total plan assets at beginning of year2012-12-31$873,808
Value of fidelity bond covering the plan2012-12-31$250,000
Total contributions received or receivable from participants2012-12-31$45,647
Other income received2012-12-31$71,212
Net income (gross income less expenses)2012-12-31$-85,737
Net plan assets at end of year (total assets less liabilities)2012-12-31$788,071
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$873,808
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2011 401k financial data
Total income from all sources2011-12-31$-628
Expenses. Total of all expenses incurred2011-12-31$0
Total plan assets at end of year2011-12-31$873,808
Total plan assets at beginning of year2011-12-31$874,436
Value of fidelity bond covering the plan2011-12-31$250,000
Total contributions received or receivable from participants2011-12-31$43,322
Other income received2011-12-31$-43,950
Net income (gross income less expenses)2011-12-31$-628
Net plan assets at end of year (total assets less liabilities)2011-12-31$873,808
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$874,436
Assets. Value of participant loans2011-12-31$7,200
2010 : SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2010 401k financial data
Total income from all sources2010-12-31$130,684
Expenses. Total of all expenses incurred2010-12-31$77,982
Benefits paid (including direct rollovers)2010-12-31$77,982
Total plan assets at end of year2010-12-31$874,436
Total plan assets at beginning of year2010-12-31$821,734
Value of fidelity bond covering the plan2010-12-31$250,000
Total contributions received or receivable from participants2010-12-31$43,237
Other income received2010-12-31$87,447
Net income (gross income less expenses)2010-12-31$52,702
Net plan assets at end of year (total assets less liabilities)2010-12-31$874,436
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$821,734
Assets. Value of participant loans2010-12-31$9,702
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN

2012: SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SOUTHERN BUSINESS SYSTEMS, INC. 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHG646
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHG646
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHG646
Policy instance 1

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