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MID-SOUTH ADJUSTMENT CO. 401(K) PLAN 401k Plan overview

Plan NameMID-SOUTH ADJUSTMENT CO. 401(K) PLAN
Plan identification number 001

MID-SOUTH ADJUSTMENT CO. 401(K) PLAN Benefits

401k Plan TypeDefined 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
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

MID-SOUTH ADJUSTMENT CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:MID-SOUTH ADJUSTMENT CO., INC.
Employer identification number (EIN):710559893
NAIC Classification:561440
NAIC Description:Collection Agencies

Additional information about MID-SOUTH ADJUSTMENT CO., INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2017-03-05
Company Identification Number: 0802665671
Legal Registered Office Address: 200 E 11TH AVE STE K

PINE BLUFF
United States of America (USA)
71601

More information about MID-SOUTH ADJUSTMENT CO., INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MID-SOUTH ADJUSTMENT CO. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NATHAN SULLIVAN2024-05-29
0012022-01-01NATHAN SULLIVAN2024-01-29
0012021-01-01NATHAN SULLIVAN2022-11-10
0012020-01-01NATHAN SULLIVAN2022-04-05
0012019-01-01NATHAN SULLIVAN2020-07-29 NATHAN SULLIVAN2020-07-29
0012018-01-01NATHAN SULLIVAN2020-07-29 NATHAN SULLIVAN2020-07-29
0012017-01-01JAMES SULLIVAN2018-03-29 JAMES SULLIVAN2018-03-29
0012016-01-01JAMES SULLIVAN2017-04-05 JAMES SULLIVAN2017-04-05
0012015-01-01JAMES SULLIVAN2016-03-10 JAMES SULLIVAN2016-03-10
0012014-01-01JAMES SULLIVAN2015-05-18 JAMES SULLIVAN2015-05-18
0012013-01-01JAMES SULLIVAN2014-03-05 JAMES SULLIVAN2014-03-05
0012012-01-01JAMES SULLIVAN2013-07-12 JAMES SULLIVAN2013-07-12
0012011-01-01JAMES SULLIVAN2012-04-12 JAMES SULLIVAN2012-04-25
0012010-01-01JAMES SULLIVAN2012-01-16 JAMES SULLIVAN2012-01-19

Plan Statistics for MID-SOUTH ADJUSTMENT CO. 401(K) PLAN

401k plan membership statisitcs for MID-SOUTH ADJUSTMENT CO. 401(K) PLAN

Measure Date Value
2024: MID-SOUTH ADJUSTMENT CO. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-2940
Total number of particpants at end of year2024-05-2941
Number of Participants With Account Balances2024-05-2913
2022: MID-SOUTH ADJUSTMENT CO. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-11-1063
Total number of particpants at end of year2022-11-1081
Number of Participants With Account Balances2022-11-1015

Financial Data on MID-SOUTH ADJUSTMENT CO. 401(K) PLAN

Measure Date Value
2024 : MID-SOUTH ADJUSTMENT CO. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-290
Total liabilities as of the end of the plan year2024-05-290
Total liabilities as of the beginning of the plan year2024-05-290
Total expenses incurred by plan in this plan year2024-05-29183
Net assets as of the end of the plan year2024-05-29529098
Total assets as of the beginning of the plan year2024-05-29408217
Value of plan covered by a fidelity bond2024-05-2940000
Participant contributions to plan in this plan year2024-05-2931810
Value of participant loans at end of plan year2024-05-292926
Other expenses paid from plan in this plan year2024-05-290
Other contributions to plan in this plan year2024-05-290
Other income to plan in this plan year2024-05-2966902
Plan net income in this plan year2024-05-29120881
Net assets as of the end of the plan year2024-05-29529098
Net assets as of the beginning of the plan year2024-05-29408217
Value of contributions failed to transmitted timely2024-05-2913322
Employer contributions to plan in this plan year2024-05-2922352
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-29183
2022 : MID-SOUTH ADJUSTMENT CO. 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-11-100
Total liabilities as of the end of the plan year2022-11-100
Total liabilities as of the beginning of the plan year2022-11-100
Total expenses incurred by plan in this plan year2022-11-1017833
Net assets as of the end of the plan year2022-11-10638105
Total assets as of the beginning of the plan year2022-11-10540964
Value of plan covered by a fidelity bond2022-11-1040000
Participant contributions to plan in this plan year2022-11-1021430
Value of participant loans at end of plan year2022-11-100
Other expenses paid from plan in this plan year2022-11-100
Other contributions to plan in this plan year2022-11-100
Other income to plan in this plan year2022-11-1069664
Plan net income in this plan year2022-11-1097141
Net assets as of the end of the plan year2022-11-10638105
Net assets as of the beginning of the plan year2022-11-10540964
Value of contributions failed to transmitted timely2022-11-1011800
Employer contributions to plan in this plan year2022-11-1023880
Expensese paid to adminstrative service provicers from plan in this plan year2022-11-10234

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