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ADECCO PUERTO RICO RETIREMENT PLAN 401k Plan overview

Plan NameADECCO PUERTO RICO RETIREMENT PLAN
Plan identification number 007

ADECCO PUERTO RICO RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ADECCO PERSONNEL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:ADECCO PERSONNEL SERVICES, INC.
Employer identification number (EIN):660579898
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADECCO PUERTO RICO RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0072023-01-01BARBARA TREMAIN2024-10-03 BARBARA TREMAIN2024-10-03
0072022-01-01
0072022-01-01BARBARA TREMAIN

Financial Data on ADECCO PUERTO RICO RETIREMENT PLAN

Measure Date Value
2025 : ADECCO PUERTO RICO RETIREMENT PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-010
Total liabilities as of the end of the plan year2025-10-010
Total liabilities as of the beginning of the plan year2025-10-010
Total expenses incurred by plan in this plan year2025-10-0130451
Net assets as of the end of the plan year2025-10-01259123
Total assets as of the beginning of the plan year2025-10-0181158
Value of plan covered by a fidelity bond2025-10-0110000000
Participant contributions to plan in this plan year2025-10-0156773
Other expenses paid from plan in this plan year2025-10-010
Other contributions to plan in this plan year2025-10-01115648
Other income to plan in this plan year2025-10-0113869
Plan net income in this plan year2025-10-01177965
Net assets as of the end of the plan year2025-10-01259123
Net assets as of the beginning of the plan year2025-10-0181158
Employer contributions to plan in this plan year2025-10-0122126
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-019327
2024 : ADECCO PUERTO RICO RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-030
Total liabilities as of the end of the plan year2024-10-030
Total liabilities as of the beginning of the plan year2024-10-039174
Total expenses incurred by plan in this plan year2024-10-0340182
Net assets as of the end of the plan year2024-10-0381158
Total assets as of the beginning of the plan year2024-10-0339212
Value of plan covered by a fidelity bond2024-10-0310000000
Participant contributions to plan in this plan year2024-10-0350529
Other expenses paid from plan in this plan year2024-10-030
Other contributions to plan in this plan year2024-10-030
Other income to plan in this plan year2024-10-0320642
Plan net income in this plan year2024-10-0351120
Net assets as of the end of the plan year2024-10-0381158
Net assets as of the beginning of the plan year2024-10-0330038
Employer contributions to plan in this plan year2024-10-0320131
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0311492
2022 : ADECCO PUERTO RICO RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$9,174
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$60,807
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$30,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$9,046
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$62,979
Value of total assets at end of year2022-12-31$39,212
Value of total assets at beginning of year2022-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$21,723
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$749
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$749
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$42,637
Participant contributions at end of year2022-12-31$123
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$9,174
Other income not declared elsewhere2022-12-31$60
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$30,038
Value of net assets at end of year (total assets less liabilities)2022-12-31$30,038
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$39,089
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,981
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$20,342
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$9,046
Contract administrator fees2022-12-31$21,723
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MAZARS USA LLP
Accountancy firm EIN2022-12-31134559550
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$9,174
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$60,807
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$30,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$9,046
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$62,979
Value of total assets at end of year2022-01-01$39,212
Value of total assets at beginning of year2022-01-01$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$21,723
Total interest from all sources2022-01-01$0
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$749
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$749
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$10,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$42,637
Participant contributions at end of year2022-01-01$123
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-01-01$9,174
Other income not declared elsewhere2022-01-01$60
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$30,038
Value of net assets at end of year (total assets less liabilities)2022-01-01$30,038
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$39,089
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-2,981
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$20,342
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$9,046
Contract administrator fees2022-01-01$21,723
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MAZARS USA LLP
Accountancy firm EIN2022-01-01134559550

Form 5500 Responses for ADECCO PUERTO RICO RETIREMENT PLAN

2022: ADECCO PUERTO RICO RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes

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