401k Plan data: NCO FINANCIAL SYSTEMS PR 401(K) PLAN plan

NCO FINANCIAL SYSTEMS PR 401(K) PLAN 401k Plan overview

Plan Name	NCO FINANCIAL SYSTEMS PR 401(K) PLAN
Plan identification number	001

NCO FINANCIAL SYSTEMS PR 401(K) PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	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. Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.

401k Sponsoring company profile

NCO FINANCIAL SYSTEMS OF PUERTO RICO, INC. has sponsored the creation of one or more 401k plans.

Company Name: NCO FINANCIAL SYSTEMS OF PUERTO RICO, INC.

Employer identification number (EIN): 660291071

NAIC Classification: 522300
NAIC Description: Activities Related to Credit Intermediation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NCO FINANCIAL SYSTEMS PR 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 LISA ADAMSHICK
001 2012-01-01 LISA ADAMSHICK LISA ADAMSHICK 2013-10-10
001 2011-05-02 LISA ADAMSHICK

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2013-01-01	LISA ADAMSHICK
001	2012-01-01	LISA ADAMSHICK	LISA ADAMSHICK	2013-10-10
001	2011-05-02	LISA ADAMSHICK

Plan Statistics for NCO FINANCIAL SYSTEMS PR 401(K) PLAN

401k plan membership statisitcs for NCO FINANCIAL SYSTEMS PR 401(K) PLAN

Measure Date Value
2013: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 98
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 75
Number of retired or separated participants receiving benefits 2013-01-01 1
Number of other retired or separated participants entitled to future benefits 2013-01-01 3
Total of all active and inactive participants 2013-01-01 79
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 79
Number of participants with account balances 2013-01-01 27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 118
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 121
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 124
Number of participants with account balances 2012-01-01 27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-05-02 134
Total number of active participants reported on line 7a of the Form 5500 2011-05-02 139
Number of retired or separated participants receiving benefits 2011-05-02 0
Number of other retired or separated participants entitled to future benefits 2011-05-02 1
Total of all active and inactive participants 2011-05-02 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-05-02 0
Total participants 2011-05-02 140
Number of participants with account balances 2011-05-02 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-05-02 0

Measure	Date	Value
2013: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	98
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	75
Number of retired or separated participants receiving benefits	2013-01-01	1
Number of other retired or separated participants entitled to future benefits	2013-01-01	3
Total of all active and inactive participants	2013-01-01	79
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	79
Number of participants with account balances	2013-01-01	27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	118
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	121
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	124
Number of participants with account balances	2012-01-01	27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-05-02	134
Total number of active participants reported on line 7a of the Form 5500	2011-05-02	139
Number of retired or separated participants receiving benefits	2011-05-02	0
Number of other retired or separated participants entitled to future benefits	2011-05-02	1
Total of all active and inactive participants	2011-05-02	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-05-02	0
Total participants	2011-05-02	140
Number of participants with account balances	2011-05-02	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-05-02	0

Financial Data on NCO FINANCIAL SYSTEMS PR 401(K) PLAN

Measure	Date	Value
2013 : NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$26,305
Total unrealized appreciation/depreciation of assets	2013-12-31	$26,305
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$7,820
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$8,052
Total income from all sources (including contributions)	2013-12-31	$78,059
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$8,819
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$423
Value of total corrective distributions	2013-12-31	$7,820
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$41,098
Value of total assets at end of year	2013-12-31	$291,603
Value of total assets at beginning of year	2013-12-31	$222,595
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$576
Total interest from all sources	2013-12-31	$253
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$3,553
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$3,553
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$33,057
Participant contributions at end of year	2013-12-31	$5,574
Participant contributions at beginning of year	2013-12-31	$4,839
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$1,116
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$7,820
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$8,052
Administrative expenses (other) incurred	2013-12-31	$576
Total non interest bearing cash at end of year	2013-12-31	$0
Total non interest bearing cash at beginning of year	2013-12-31	$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	2013-12-31	No
Value of net income/loss	2013-12-31	$69,240
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$283,783
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$214,543
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$257,448
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$189,069
Interest on participant loans	2013-12-31	$250
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$28,581
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$27,296
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$27,296
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$6,850
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$8,041
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$275
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$423
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	ALBERTO R. LAZARO PSC
Accountancy firm EIN	2013-12-31	660612011
2012 : NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$8,052
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$7,032
Total income from all sources (including contributions)	2012-12-31	$61,331
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$18,414
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$8,685
Value of total corrective distributions	2012-12-31	$8,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$43,764
Value of total assets at end of year	2012-12-31	$222,595
Value of total assets at beginning of year	2012-12-31	$178,658
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$1,677
Total interest from all sources	2012-12-31	$35
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$3,574
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$3,574
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$35,149
Participant contributions at end of year	2012-12-31	$4,839
Participant contributions at beginning of year	2012-12-31	$449
Participant contributions at end of year	2012-12-31	$1,116
Participant contributions at beginning of year	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$8,052
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$7,032
Administrative expenses (other) incurred	2012-12-31	$1,677
Total non interest bearing cash at end of year	2012-12-31	$0
Total non interest bearing cash at beginning of year	2012-12-31	$2,063
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$42,917
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$214,543
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$171,626
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$189,069
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$144,935
Interest on participant loans	2012-12-31	$30
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$27,296
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$31,211
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$31,211
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$5
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$13,958
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$8,615
Employer contributions (assets) at end of year	2012-12-31	$275
Employer contributions (assets) at beginning of year	2012-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$8,685
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-12-31	No
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	ALBERTO R. LAZARO PSC
Accountancy firm EIN	2012-12-31	660612011
2011 : NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$7,032
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$174,291
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$2,665
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$2,590
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$187,406
Value of total assets at end of year	2011-12-31	$178,658
Value of total assets at beginning of year	2011-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$75
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$1,875
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$1,875
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$28,348
Participant contributions at end of year	2011-12-31	$449
Participant contributions at beginning of year	2011-12-31	$0
Participant contributions at end of year	2011-12-31	$0
Participant contributions at beginning of year	2011-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$152,995
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$7,032
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$0
Total non interest bearing cash at end of year	2011-12-31	$2,063
Total non interest bearing cash at beginning of year	2011-12-31	$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	2011-12-31	No
Value of net income/loss	2011-12-31	$171,626
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$171,626
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$144,935
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$31,211
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-14,990
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$6,063
Employer contributions (assets) at end of year	2011-12-31	$0
Employer contributions (assets) at beginning of year	2011-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$2,590
Contract administrator fees	2011-12-31	$75
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	Yes
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	ALBERTO R. LAZARO PSC
Accountancy firm EIN	2011-12-31	660612011

Form 5500 Responses for NCO FINANCIAL SYSTEMS PR 401(K) PLAN

2013: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: NCO FINANCIAL SYSTEMS PR 401(K) PLAN 2011 form 5500 responses
2011-05-02	Type of plan entity	Single employer plan
2011-05-02	First time form 5500 has been submitted	Yes
2011-05-02	Submission has been amended	No
2011-05-02	This submission is the final filing	No
2011-05-02	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-05-02	Plan is a collectively bargained plan	No
2011-05-02	Plan funding arrangement – Trust	Yes
2011-05-02	Plan benefit arrangement - Trust	Yes

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NCO FINANCIAL SYSTEMS, INC. [EIN = 231670927]

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Company Name:	NCO FINANCIAL SYSTEMS OF PUERTO RICO, INC.
Employer identification number (EIN):	660291071
NAIC Classification:	522300
NAIC Description:	Activities Related to Credit Intermediation