401k Plan data: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN plan

PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 401k Plan overview

Plan Name	PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN
Plan identification number	002

PROSOURCE MANAGEMENT SOLUTIONS 401K 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
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.
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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

G&A OUTSOURCING, INC. DBA G&A PARTNERS has sponsored the creation of one or more 401k plans.

Company Name: G&A OUTSOURCING, INC. DBA G&A PARTNERS

Employer identification number (EIN): 760461926

NAIC Classification: 561300

Additional information about G&A OUTSOURCING, INC. DBA G&A PARTNERS

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1995-01-26

Company Identification Number: 0134243900

Legal Registered Office Address: 17220 KATY FWY STE 350

HOUSTON
United States of Amercica (USA)
77094

More information about G&A OUTSOURCING, INC. DBA G&A PARTNERS

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2013-01-01 KIM TRAYLOR

Plan Statistics for PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN

401k plan membership statisitcs for PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN

Measure Date Value
2022: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 188
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 39
Total of all active and inactive participants 2022-01-01 227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 227
Number of participants with account balances 2022-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 0
Number of participants with account balances 2021-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2013: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 944
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 0
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 0
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2022: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	188
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	39
Total of all active and inactive participants	2022-01-01	227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	227
Number of participants with account balances	2022-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	0
Number of participants with account balances	2021-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2013: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	944
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	0
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	0
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN

Measure	Date	Value
2022 : PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$1,650,174
Total income from all sources	2022-12-31	$-743
Expenses. Total of all expenses incurred	2022-12-31	$487,102
Benefits paid (including direct rollovers)	2022-12-31	$484,781
Total plan assets at end of year	2022-12-31	$1,162,329
Total plan assets at beginning of year	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$34,505
Other income received	2022-12-31	$-55,018
Net income (gross income less expenses)	2022-12-31	$-487,845
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,162,329
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$19,770
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$2,321
2021 : PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$0
Expenses. Total of all expenses incurred	2021-12-31	$0
Total plan assets at end of year	2021-12-31	$0
Total plan assets at beginning of year	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$0
Other income received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$0
2013 : PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total transfer of assets from this plan	2013-12-31	$10,055,704
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$928,570
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$673,408
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$585,762
Value of total corrective distributions	2013-12-31	$27,024
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$480,160
Value of total assets at end of year	2013-12-31	$0
Value of total assets at beginning of year	2013-12-31	$9,800,542
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$60,622
Total interest from all sources	2013-12-31	$4,870
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$33,087
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2013-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$33,087
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$369,783
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$397,321
Participant contributions at beginning of year	2013-12-31	$36,348
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$3,262
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$5,297
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	$255,162
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$9,800,542
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
Investment advisory and management fees	2013-12-31	$10,217
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$9,307,234
Interest on participant loans	2013-12-31	$4,870
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$410,453
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	$107,115
Employer contributions (assets) at beginning of year	2013-12-31	$54,342
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$585,762
Contract administrator fees	2013-12-31	$50,405
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	2013-12-31	Yes
Did the plan have assets held for investment	2013-12-31	No
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	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	GOLDSTEIN, ZUGMAN,WEINSTEIN & POOLE
Accountancy firm EIN	2013-12-31	200453834

Form 5500 Responses for PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN

2022: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Mulitple 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 – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Mulitple employer plan
2021-01-01	First time form 5500 has been submitted	Yes
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 – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2013: PROSOURCE MANAGEMENT SOLUTIONS 401K PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Mulitple employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	Yes
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

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Company Name:	G&A OUTSOURCING, INC. DBA G&A PARTNERS
Employer identification number (EIN):	760461926
NAIC Classification:	561300

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1995-01-26
Company Identification Number:	0134243900
Legal Registered Office Address:	17220 KATY FWY STE 350 HOUSTON United States of Amercica (USA) 77094