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BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN 401k Plan overview

Plan NameBUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN
Plan identification number 501

BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

BUSINESS ADMINISTRATION SUPPORT SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:BUSINESS ADMINISTRATION SUPPORT SERVICES, INC.
Employer identification number (EIN):770528531
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about BUSINESS ADMINISTRATION SUPPORT SERVICES, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2014-03-28
Company Identification Number: P14000028401
Legal Registered Office Address: 1335 FLEMING AVENUE

ORMOND BEACH

32174

More information about BUSINESS ADMINISTRATION SUPPORT SERVICES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012020-08-01

Plan Statistics for BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN

401k plan membership statisitcs for BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN

Measure Date Value
2020: BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year2020-08-01102
Total number of active participants reported on line 7a of the Form 55002020-08-01102
Total of all active and inactive participants2020-08-01102

Financial Data on BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN

Measure Date Value
2020 : BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$137,537
Total of all expenses incurred2020-12-31$137,537
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$133,521
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$137,537
Value of total assets at end of year2020-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$4,016
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$4,016
Was this plan covered by a fidelity bond2020-12-31No
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Total non interest bearing cash at end of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$0
Value of net assets at end of year (total assets less liabilities)2020-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$133,521
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$137,537
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No

Form 5500 Responses for BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN

2020: BUSINESS ADMINISTRATION SUPPORT SERVICES, INC EMPLOYEE BENEFIT PLAN 2020 form 5500 responses
2020-08-01Type of plan entityMulitple employer plan
2020-08-01First time form 5500 has been submittedYes
2020-08-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-08-01Plan funding arrangement – InsuranceYes
2020-08-01Plan benefit arrangement – InsuranceYes

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