401k Plan data: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN plan

PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 401k Plan overview

Plan Name	PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN
Plan identification number	001

PROFESSIONAL BILLING, INC. 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
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.
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

PROFESSIONAL BILLING, INC. has sponsored the creation of one or more 401k plans.

Company Name: PROFESSIONAL BILLING, INC.

Employer identification number (EIN): 630942496

NAIC Classification: 561110
NAIC Description: Office Administrative Services

Additional information about PROFESSIONAL BILLING, INC.

Jurisdiction of Incorporation: Alabama Secretary of State

Incorporation Date: 1987-01-05

Company Identification Number: 115-016

Legal Registered Office Address: 500 EASTERN BLVD., STE 200 MONTGOMERY,

United States of America (USA)
36117

More information about PROFESSIONAL BILLING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 DAVID LEVINS 2024-10-08
001 2022-01-01 DAVID LEVINS 2023-09-28
001 2021-01-01 DAVID LEVINS 2022-10-13
001 2020-01-01 DAVID LEVINS 2021-06-01
001 2019-01-01 DAVID LEVINS 2020-10-12
001 2018-01-01 DAVID LEVINS 2019-09-23
001 2017-01-01
001 2017-01-01
001 2016-01-01 DAVID LEVINS 2017-10-02
001 2015-01-01 DAVID LEVINS 2016-09-22
001 2014-01-01 DAVID A LEVINS 2015-04-23
001 2013-01-01 DAVID A LEVINS 2014-09-10
001 2012-01-01 DAVID A LEVINS 2013-03-18
001 2011-01-01 DAVID A LEVINS 2012-02-23
001 2010-01-01 DAVID LEVINS 2011-05-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	DAVID LEVINS	2024-10-08
001	2022-01-01	DAVID LEVINS	2023-09-28
001	2021-01-01	DAVID LEVINS	2022-10-13
001	2020-01-01	DAVID LEVINS	2021-06-01
001	2019-01-01	DAVID LEVINS	2020-10-12
001	2018-01-01	DAVID LEVINS	2019-09-23
001	2017-01-01
001	2017-01-01
001	2016-01-01	DAVID LEVINS	2017-10-02
001	2015-01-01	DAVID LEVINS	2016-09-22
001	2014-01-01	DAVID A LEVINS	2015-04-23
001	2013-01-01	DAVID A LEVINS	2014-09-10
001	2012-01-01	DAVID A LEVINS	2013-03-18
001	2011-01-01	DAVID A LEVINS	2012-02-23
001	2010-01-01	DAVID LEVINS	2011-05-23

Plan Statistics for PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN

Measure Date Value
2023: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 198
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 149
Number of retired or separated participants receiving benefits 2023-01-01 1
Number of other retired or separated participants entitled to future benefits 2023-01-01 38
Total of all active and inactive participants 2023-01-01 188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 188
Number of participants with account balances 2023-01-01 141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 192
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 149
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 35
Total of all active and inactive participants 2022-01-01 185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 185
Number of participants with account balances 2022-01-01 147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 198
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 154
Number of retired or separated participants receiving benefits 2021-01-01 2
Number of other retired or separated participants entitled to future benefits 2021-01-01 30
Total of all active and inactive participants 2021-01-01 186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 186
Number of participants with account balances 2021-01-01 145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 172
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 121
Number of retired or separated participants receiving benefits 2020-01-01 2
Number of other retired or separated participants entitled to future benefits 2020-01-01 29
Total of all active and inactive participants 2020-01-01 152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 152
Number of participants with account balances 2020-01-01 119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 164
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 122
Number of retired or separated participants receiving benefits 2019-01-01 3
Number of other retired or separated participants entitled to future benefits 2019-01-01 25
Total of all active and inactive participants 2019-01-01 150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 150
Number of participants with account balances 2019-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 128
Number of retired or separated participants receiving benefits 2018-01-01 3
Number of other retired or separated participants entitled to future benefits 2018-01-01 22
Total of all active and inactive participants 2018-01-01 153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 153
Number of participants with account balances 2018-01-01 127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 90
Number of retired or separated participants receiving benefits 2017-01-01 4
Number of other retired or separated participants entitled to future benefits 2017-01-01 18
Total of all active and inactive participants 2017-01-01 112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 112
Number of participants with account balances 2017-01-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0

Measure	Date	Value
2023: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	198
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	149
Number of retired or separated participants receiving benefits	2023-01-01	1
Number of other retired or separated participants entitled to future benefits	2023-01-01	38
Total of all active and inactive participants	2023-01-01	188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	188
Number of participants with account balances	2023-01-01	141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	192
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	149
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	35
Total of all active and inactive participants	2022-01-01	185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	185
Number of participants with account balances	2022-01-01	147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	198
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	154
Number of retired or separated participants receiving benefits	2021-01-01	2
Number of other retired or separated participants entitled to future benefits	2021-01-01	30
Total of all active and inactive participants	2021-01-01	186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	186
Number of participants with account balances	2021-01-01	145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	172
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	121
Number of retired or separated participants receiving benefits	2020-01-01	2
Number of other retired or separated participants entitled to future benefits	2020-01-01	29
Total of all active and inactive participants	2020-01-01	152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	152
Number of participants with account balances	2020-01-01	119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	164
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	122
Number of retired or separated participants receiving benefits	2019-01-01	3
Number of other retired or separated participants entitled to future benefits	2019-01-01	25
Total of all active and inactive participants	2019-01-01	150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	150
Number of participants with account balances	2019-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	128
Number of retired or separated participants receiving benefits	2018-01-01	3
Number of other retired or separated participants entitled to future benefits	2018-01-01	22
Total of all active and inactive participants	2018-01-01	153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	153
Number of participants with account balances	2018-01-01	127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	90
Number of retired or separated participants receiving benefits	2017-01-01	4
Number of other retired or separated participants entitled to future benefits	2017-01-01	18
Total of all active and inactive participants	2017-01-01	112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	112
Number of participants with account balances	2017-01-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0

Financial Data on PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN

Measure	Date	Value
2023 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$1,640,116
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$706,108
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$677,254
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$728,399
Value of total assets at end of year	2023-12-31	$6,287,285
Value of total assets at beginning of year	2023-12-31	$5,353,277
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$28,854
Total interest from all sources	2023-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$28,683
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$28,683
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$357,694
Participant contributions at end of year	2023-12-31	$0
Participant contributions at beginning of year	2023-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$181,943
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-12-31	$20
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-12-31	$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	2023-12-31	No
Value of net income/loss	2023-12-31	$934,008
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$6,287,285
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$5,353,277
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$6,032,883
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$5,031,925
Value of interest in common/collective trusts at end of year	2023-12-31	$0
Value of interest in common/collective trusts at beginning of year	2023-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$65,621
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$126,104
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$883,034
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$188,762
Employer contributions (assets) at end of year	2023-12-31	$188,761
Employer contributions (assets) at beginning of year	2023-12-31	$195,248
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$677,254
Contract administrator fees	2023-12-31	$28,854
Did the plan have assets held for investment	2023-12-31	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	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	THE HIGHLANDS ACCOUNTING GROUP
Accountancy firm EIN	2023-12-31	823217974
Total unrealized appreciation/depreciation of assets	2023-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-01-01	$0
Total income from all sources (including contributions)	2023-01-01	$1,640,116
Total loss/gain on sale of assets	2023-01-01	$0
Total of all expenses incurred	2023-01-01	$706,108
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-01-01	$677,254
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-01-01	$728,399
Value of total assets at end of year	2023-01-01	$6,287,285
Value of total assets at beginning of year	2023-01-01	$5,353,277
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-01-01	$28,854
Total interest from all sources	2023-01-01	$0
Total dividends received (eg from common stock, registered investment company shares)	2023-01-01	$28,683
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-01-01	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-01-01	$28,683
Was this plan covered by a fidelity bond	2023-01-01	Yes
Value of fidelity bond cover	2023-01-01	$500,000
If this is an individual account plan, was there a blackout period	2023-01-01	No
Were there any nonexempt tranactions with any party-in-interest	2023-01-01	No
Contributions received from participants	2023-01-01	$357,694
Participant contributions at end of year	2023-01-01	$0
Participant contributions at beginning of year	2023-01-01	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-01-01	$181,943
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-01-01	$20
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-01-01	$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	2023-01-01	No
Value of net income/loss	2023-01-01	$934,008
Value of net assets at end of year (total assets less liabilities)	2023-01-01	$6,287,285
Value of net assets at beginning of year (total assets less liabilities)	2023-01-01	$5,353,277
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-01-01	No
Were any leases to which the plan was party in default or uncollectible	2023-01-01	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-01-01	$6,032,883
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-01-01	$5,031,925
Value of interest in common/collective trusts at end of year	2023-01-01	$0
Value of interest in common/collective trusts at beginning of year	2023-01-01	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-01-01	$65,621
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-01-01	$126,104
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-01-01	$883,034
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-01-01	No
Was there a failure to transmit to the plan any participant contributions	2023-01-01	Yes
Has the plan failed to provide any benefit when due under the plan	2023-01-01	No
Contributions received in cash from employer	2023-01-01	$188,762
Employer contributions (assets) at end of year	2023-01-01	$188,761
Employer contributions (assets) at beginning of year	2023-01-01	$195,248
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-01-01	$677,254
Contract administrator fees	2023-01-01	$28,854
Did the plan have assets held for investment	2023-01-01	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	2023-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-01-01	No
Opinion of an independent qualified public accountant for this plan	2023-01-01	1
Accountancy firm name	2023-01-01	THE HIGHLANDS ACCOUNTING GROUP
Accountancy firm EIN	2023-01-01	823217974
2022 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$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	$-327,655
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$252,287
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$230,911
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$563,906
Value of total assets at end of year	2022-12-31	$5,353,277
Value of total assets at beginning of year	2022-12-31	$5,933,219
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$21,376
Total interest from all sources	2022-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$24,555
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$367,375
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,283
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-579,942
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$5,353,277
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$5,933,219
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$5,031,925
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,500,171
Value of interest in common/collective trusts at end of year	2022-12-31	$0
Value of interest in common/collective trusts at beginning of year	2022-12-31	$4,207,804
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$126,104
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$30,524
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-916,116
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$195,248
Employer contributions (assets) at end of year	2022-12-31	$195,248
Employer contributions (assets) at beginning of year	2022-12-31	$194,720
Income. Dividends from preferred stock	2022-12-31	$24,555
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$230,911
Contract administrator fees	2022-12-31	$21,376
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	THE HIGHLANDS ACCOUNTING GROUP
Accountancy firm EIN	2022-12-31	823217974
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	$0
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	$-327,655
Total loss/gain on sale of assets	2022-01-01	$0
Total of all expenses incurred	2022-01-01	$252,287
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-01-01	$230,911
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-01-01	$563,906
Value of total assets at end of year	2022-01-01	$5,353,277
Value of total assets at beginning of year	2022-01-01	$5,933,219
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-01-01	$21,376
Total interest from all sources	2022-01-01	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-01-01	$24,555
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-01-01	No
Was this plan covered by a fidelity bond	2022-01-01	Yes
Value of fidelity bond cover	2022-01-01	$500,000
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	$367,375
Participant contributions at end of year	2022-01-01	$0
Participant contributions at beginning of year	2022-01-01	$0
Income. Received or receivable in cash from other sources (including rollovers)	2022-01-01	$1,283
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	$-579,942
Value of net assets at end of year (total assets less liabilities)	2022-01-01	$5,353,277
Value of net assets at beginning of year (total assets less liabilities)	2022-01-01	$5,933,219
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-01-01	$5,031,925
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-01-01	$1,500,171
Value of interest in common/collective trusts at end of year	2022-01-01	$0
Value of interest in common/collective trusts at beginning of year	2022-01-01	$4,207,804
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-01-01	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-01-01	$126,104
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-01-01	$30,524
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-01-01	$-916,116
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	No
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	$195,248
Employer contributions (assets) at end of year	2022-01-01	$195,248
Employer contributions (assets) at beginning of year	2022-01-01	$194,720
Income. Dividends from preferred stock	2022-01-01	$24,555
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-01-01	$230,911
Contract administrator fees	2022-01-01	$21,376
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	THE HIGHLANDS ACCOUNTING GROUP
Accountancy firm EIN	2022-01-01	823217974
2021 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$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	$1,907,773
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$607,668
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$574,860
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,235,058
Value of total assets at end of year	2021-12-31	$5,933,219
Value of total assets at beginning of year	2021-12-31	$4,633,114
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$32,808
Total interest from all sources	2021-12-31	$371
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$59,094
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$59,094
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$353,765
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$686,573
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,300,105
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$5,933,219
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,633,114
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$32,808
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,500,171
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$431,949
Interest earned on other investments	2021-12-31	$371
Value of interest in common/collective trusts at end of year	2021-12-31	$4,207,804
Value of interest in common/collective trusts at beginning of year	2021-12-31	$4,048,288
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$30,524
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$640
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$613,250
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$194,720
Employer contributions (assets) at end of year	2021-12-31	$194,720
Employer contributions (assets) at beginning of year	2021-12-31	$152,237
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$574,860
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	THE HIGHLANDS ACCOUNTING GROUP
Accountancy firm EIN	2021-12-31	823217974
2020 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$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	$957,648
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$272,468
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$267,085
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$458,750
Value of total assets at end of year	2020-12-31	$4,633,114
Value of total assets at beginning of year	2020-12-31	$3,947,934
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$5,383
Total interest from all sources	2020-12-31	$1,459
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$23,893
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$23,893
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$200,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$297,620
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$8,892
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$685,180
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,633,114
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,947,934
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$431,949
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,672,350
Interest earned on other investments	2020-12-31	$1,459
Value of interest in common/collective trusts at end of year	2020-12-31	$4,048,288
Value of interest in common/collective trusts at beginning of year	2020-12-31	$50,894
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$640
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$75,783
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$407,271
Net investment gain or loss from common/collective trusts	2020-12-31	$66,275
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$152,238
Employer contributions (assets) at end of year	2020-12-31	$152,237
Employer contributions (assets) at beginning of year	2020-12-31	$148,907
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$267,085
Contract administrator fees	2020-12-31	$5,383
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	ROSS LANE & COMPANY LLC
Accountancy firm EIN	2020-12-31	581686745
2019 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$527,125
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	$1,218,063
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,138,598
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,134,566
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$436,182
Value of total assets at end of year	2019-12-31	$3,947,934
Value of total assets at beginning of year	2019-12-31	$3,341,344
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$4,032
Total interest from all sources	2019-12-31	$1,135
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$225,131
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$225,131
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$200,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$264,432
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$2,271
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$22,843
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$79,465
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,947,934
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,341,344
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,672,350
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,096,962
Interest earned on other investments	2019-12-31	$1,135
Value of interest in common/collective trusts at end of year	2019-12-31	$50,894
Value of interest in common/collective trusts at beginning of year	2019-12-31	$39,021
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$75,783
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$61,985
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$552,362
Net investment gain or loss from common/collective trusts	2019-12-31	$3,253
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$148,907
Employer contributions (assets) at end of year	2019-12-31	$148,907
Employer contributions (assets) at beginning of year	2019-12-31	$141,105
Income. Dividends from common stock	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,134,566
Contract administrator fees	2019-12-31	$4,032
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	ROSS LANE & COMPANY LLC
Accountancy firm EIN	2019-12-31	581686745
2018 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets to this plan	2018-12-31	$1,124,834
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	$25
Total income from all sources (including contributions)	2018-12-31	$678,026
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$252,924
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$250,041
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$904,655
Value of total assets at end of year	2018-12-31	$3,341,344
Value of total assets at beginning of year	2018-12-31	$1,791,433
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$2,883
Total interest from all sources	2018-12-31	$850
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$317,275
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$317,275
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$200,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$176,298
Participant contributions at end of year	2018-12-31	$2,271
Participant contributions at beginning of year	2018-12-31	$18
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$587,252
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$25
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$425,102
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$3,341,344
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$1,791,408
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$3,096,962
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$1,627,961
Interest earned on other investments	2018-12-31	$850
Value of interest in common/collective trusts at end of year	2018-12-31	$39,021
Value of interest in common/collective trusts at beginning of year	2018-12-31	$28,539
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$61,985
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$47,421
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-544,754
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$141,105
Employer contributions (assets) at end of year	2018-12-31	$141,105
Employer contributions (assets) at beginning of year	2018-12-31	$87,494
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$250,041
Contract administrator fees	2018-12-31	$2,883
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	ROSS LANE & COMPANY LLC
Accountancy firm EIN	2018-12-31	581686745
2017 : PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$25
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$459,504
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$75,058
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$72,918
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$230,507
Value of total assets at end of year	2017-12-31	$1,791,433
Value of total assets at beginning of year	2017-12-31	$1,406,962
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$2,140
Total interest from all sources	2017-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$123,817
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$123,817
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$200,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$143,013
Participant contributions at end of year	2017-12-31	$18
Participant contributions at beginning of year	2017-12-31	$3,874
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$25
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$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	2017-12-31	No
Value of net income/loss	2017-12-31	$384,446
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$1,791,408
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,406,962
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$1,627,961
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$1,255,666
Interest earned on other investments	2017-12-31	$528
Value of interest in common/collective trusts at end of year	2017-12-31	$28,539
Value of interest in common/collective trusts at beginning of year	2017-12-31	$21,503
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$47,421
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$39,596
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$105,180
Net investment gain or loss from common/collective trusts	2017-12-31	$640
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$87,494
Employer contributions (assets) at end of year	2017-12-31	$87,494
Employer contributions (assets) at beginning of year	2017-12-31	$86,323
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$72,918
Contract administrator fees	2017-12-31	$2,140
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	ROSS LANE & COMPANY LLC
Accountancy firm EIN	2017-12-31	581686745

Form 5500 Responses for PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN

2023: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PROFESSIONAL BILLING, INC. 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: PROFESSIONAL BILLING, INC. 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: PROFESSIONAL BILLING, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
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

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

756299-01

Policy instance

Insurance contract or identification number	756299-01
Number of Individuals Covered	149
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

756299-01

Policy instance

Insurance contract or identification number	756299-01
Number of Individuals Covered	165
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $1,375
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA-836572

Policy instance

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA-836572

Policy instance

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA-836572

Policy instance

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA-836572

Policy instance

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Company Name:	PROFESSIONAL BILLING, INC.
Employer identification number (EIN):	630942496
NAIC Classification:	561110
NAIC Description:	Office Administrative Services

Jurisdiction of Incorporation:	Alabama Secretary of State
Incorporation Date:	1987-01-05
Company Identification Number:	115-016
Legal Registered Office Address:	500 EASTERN BLVD., STE 200 MONTGOMERY, United States of America (USA) 36117