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PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 401k Plan overview

Plan NamePEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN
Plan identification number 001

PEOPLE, INC. MULTIPLE EMPLOYER 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.
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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 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.
  • Unknown benefit code

401k Sponsoring company profile

PEOPLE, INC. has sponsored the creation of one or more 401k plans.

Company Name:PEOPLE, INC.
Employer identification number (EIN):901001597
NAIC Classification:561110
NAIC Description:Office Administrative Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JOHN W HARDIN2023-10-12
0012021-01-01JOHN W HARDIN2022-10-15
0012020-01-01JACOB HARDIN2021-10-08
0012019-01-01JACOB HARDIN2020-10-06
0012018-01-01JACOB HARDIN2019-10-14
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01JACOB HARDIN

Plan Statistics for PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN

401k plan membership statisitcs for PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN

Measure Date Value
2022: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,283
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-015
2021: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012,998
Total number of active participants reported on line 7a of the Form 55002021-01-013,121
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01161
Total of all active and inactive participants2021-01-013,282
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-013,283
Number of participants with account balances2021-01-01514
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013,049
Total number of active participants reported on line 7a of the Form 55002020-01-012,877
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01120
Total of all active and inactive participants2020-01-012,997
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-012,998
Number of participants with account balances2020-01-01491
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-018
2019: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,965
Total number of active participants reported on line 7a of the Form 55002019-01-012,925
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01123
Total of all active and inactive participants2019-01-013,048
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-013,049
Number of participants with account balances2019-01-01492
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012,811
Total number of active participants reported on line 7a of the Form 55002018-01-013,087
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-01124
Total of all active and inactive participants2018-01-013,213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-013,215
Number of participants with account balances2018-01-01466
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012,806
Total number of active participants reported on line 7a of the Form 55002017-01-012,704
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01106
Total of all active and inactive participants2017-01-012,810
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-012,811
Number of participants with account balances2017-01-01420
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012,647
Total number of active participants reported on line 7a of the Form 55002016-01-013,127
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01103
Total of all active and inactive participants2016-01-013,230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-013,230
Number of participants with account balances2016-01-01417
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012,425
Total number of active participants reported on line 7a of the Form 55002015-01-014,670
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01236
Total of all active and inactive participants2015-01-014,906
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014,906
Number of participants with account balances2015-01-01615
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-019,885
Total number of active participants reported on line 7a of the Form 55002014-01-011,128
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01447
Total of all active and inactive participants2014-01-011,575
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-011,575
Number of participants with account balances2014-01-01990
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN

Measure Date Value
2022 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$8,269
Total transfer of assets from this plan2022-12-31$24,316,420
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$23,212
Total income from all sources (including contributions)2022-12-31$-2,984,845
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$2,489,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,258,839
Value of total corrective distributions2022-12-31$30,688
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,215,813
Value of total assets at end of year2022-12-31$0
Value of total assets at beginning of year2022-12-31$29,805,613
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$199,878
Total interest from all sources2022-12-31$4,849
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$175,078
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$175,078
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$896,855
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$229,055
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$13,203
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$23,212
Other income not declared elsewhere2022-12-31$7,492
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$223,946
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-5,474,250
Value of net assets at end of year (total assets less liabilities)2022-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$29,782,401
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
Investment advisory and management fees2022-12-31$113,612
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$27,058,900
Interest on participant loans2022-12-31$3,336
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,293,712
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,293,712
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$1,513
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,388,077
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$305,755
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,258,839
Contract administrator fees2022-12-31$86,266
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31Yes
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31METZ & ASSOCIATES
Accountancy firm EIN2022-12-31464558541
2021 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets from this plan2021-12-31$153,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$23,212
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$3,469
Total income from all sources (including contributions)2021-12-31$6,297,117
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$3,284,217
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,966,312
Value of total corrective distributions2021-12-31$25,417
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,405,414
Value of total assets at end of year2021-12-31$29,805,613
Value of total assets at beginning of year2021-12-31$26,925,970
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$292,488
Total interest from all sources2021-12-31$16,951
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,226,436
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,226,436
Administrative expenses professional fees incurred2021-12-31$25,000
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,832,878
Participant contributions at end of year2021-12-31$229,055
Participant contributions at beginning of year2021-12-31$369,526
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$20,459
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$23,212
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$3,469
Other income not declared elsewhere2021-12-31$10,483
Total non interest bearing cash at end of year2021-12-31$223,946
Total non interest bearing cash at beginning of year2021-12-31$209,657
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,012,900
Value of net assets at end of year (total assets less liabilities)2021-12-31$29,782,401
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$26,922,501
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$153,730
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$27,058,900
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$24,312,512
Interest on participant loans2021-12-31$14,666
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,293,712
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$2,034,275
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$2,034,275
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$2,285
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,637,833
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$552,077
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,966,312
Contract administrator fees2021-12-31$113,758
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31Yes
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31METZ & ASSOCIATES
Accountancy firm EIN2021-12-31464558541
2020 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$24,842
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$3,469
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$991
Total income from all sources (including contributions)2020-12-31$6,883,252
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$2,064,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,804,755
Value of total corrective distributions2020-12-31$29,408
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,307,383
Value of total assets at end of year2020-12-31$26,925,970
Value of total assets at beginning of year2020-12-31$22,079,920
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$230,359
Total interest from all sources2020-12-31$30,735
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$841,757
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$841,757
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,668,221
Participant contributions at end of year2020-12-31$369,526
Participant contributions at beginning of year2020-12-31$417,695
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$7,975
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$3,469
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$991
Other income not declared elsewhere2020-12-31$7,197
Total non interest bearing cash at end of year2020-12-31$209,657
Total non interest bearing cash at beginning of year2020-12-31$126,376
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$4,818,730
Value of net assets at end of year (total assets less liabilities)2020-12-31$26,922,501
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$22,078,929
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
Investment advisory and management fees2020-12-31$123,913
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$24,312,512
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$18,494,680
Interest on participant loans2020-12-31$21,096
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$2,034,275
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$3,041,169
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$3,041,169
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$9,639
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$3,696,180
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$631,187
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,804,755
Contract administrator fees2020-12-31$106,446
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2020-12-31593029972
2019 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$423,418
Total transfer of assets from this plan2019-12-31$81,737
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$991
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,202
Expenses. Interest paid2019-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$0
Total income from all sources (including contributions)2019-12-31$6,173,121
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$2,053,688
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,815,471
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$4,203
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,403,216
Value of total assets at end of year2019-12-31$22,079,920
Value of total assets at beginning of year2019-12-31$17,619,017
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$234,014
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$41,239
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$746,728
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$746,728
Assets. Real estate other than employer real property at end of year2019-12-31$0
Assets. Real estate other than employer real property at beginning of year2019-12-31$0
Administrative expenses professional fees incurred2019-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2019-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,706,453
Participant contributions at end of year2019-12-31$417,695
Participant contributions at beginning of year2019-12-31$459,532
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Assets. Other investments not covered elsewhere at end of year2019-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$445,980
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$31,505
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Assets. Loans (other than to participants) at end of year2019-12-31$0
Assets. Loans (other than to participants) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$991
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$1,202
Other income not declared elsewhere2019-12-31$6,156
Administrative expenses (other) incurred2019-12-31$0
Liabilities. Value of operating payables at end of year2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$126,376
Total non interest bearing cash at beginning of year2019-12-31$110,885
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Income. Non cash contributions2019-12-31$0
Value of net income/loss2019-12-31$4,119,433
Value of net assets at end of year (total assets less liabilities)2019-12-31$22,078,929
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$17,617,815
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. partnership/joint venture interests at end of year2019-12-31$0
Assets. partnership/joint venture interests at beginning of year2019-12-31$0
Investment advisory and management fees2019-12-31$162,292
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$18,494,680
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$14,391,418
Value of interest in pooled separate accounts at end of year2019-12-31$0
Value of interest in pooled separate accounts at beginning of year2019-12-31$0
Interest on participant loans2019-12-31$26,955
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$0
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Value of interest in master investment trust accounts at end of year2019-12-31$0
Value of interest in master investment trust accounts at beginning of year2019-12-31$0
Value of interest in common/collective trusts at end of year2019-12-31$0
Value of interest in common/collective trusts at beginning of year2019-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$3,041,169
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$2,211,202
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$2,211,202
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$14,284
Assets. Value of investments in 103.12 investment entities at end of year2019-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Asset value of US Government securities at end of year2019-12-31$0
Asset value of US Government securities at beginning of year2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,975,782
Net investment gain/loss from pooled separate accounts2019-12-31$0
Net investment gain or loss from common/collective trusts2019-12-31$0
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$0
Assets. Invements in employer securities at beginning of year2019-12-31$0
Assets. Value of employer real property at end of year2019-12-31$0
Assets. Value of employer real property at beginning of year2019-12-31$0
Contributions received in cash from employer2019-12-31$665,258
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,815,471
Asset. Corporate debt instrument preferred debt at end of year2019-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2019-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$0
Contract administrator fees2019-12-31$71,722
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$0
Liabilities. Value of benefit claims payable at end of year2019-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2019-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2019-12-31593029972
2018 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$3,385,669
Total transfer of assets from this plan2018-12-31$555,812
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,202
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$4
Total income from all sources (including contributions)2018-12-31$1,363,501
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$1,660,213
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,431,968
Value of total corrective distributions2018-12-31$6,455
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,436,365
Value of total assets at end of year2018-12-31$17,619,017
Value of total assets at beginning of year2018-12-31$15,084,674
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$221,790
Total interest from all sources2018-12-31$23,497
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$995,621
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$995,621
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,502,151
Participant contributions at end of year2018-12-31$459,532
Participant contributions at beginning of year2018-12-31$309,577
Assets. Other investments not covered elsewhere at end of year2018-12-31$445,980
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$231,148
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$244,754
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$1,202
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$4
Other income not declared elsewhere2018-12-31$6,635
Total non interest bearing cash at end of year2018-12-31$110,885
Total non interest bearing cash at beginning of year2018-12-31$88,610
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-296,712
Value of net assets at end of year (total assets less liabilities)2018-12-31$17,617,815
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$15,084,670
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$124,925
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$14,391,418
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$11,802,272
Income. Interest from loans (other than to participants)2018-12-31$18,080
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$2,211,202
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$2,653,067
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$2,653,067
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$5,417
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-2,098,617
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$689,460
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,431,968
Contract administrator fees2018-12-31$96,865
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2018-12-31593029972
2017 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$345,252
Total transfer of assets from this plan2017-12-31$2,121,799
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$4
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$13,671
Total income from all sources (including contributions)2017-12-31$3,892,218
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,595,514
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,365,382
Value of total corrective distributions2017-12-31$-13
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,842,176
Value of total assets at end of year2017-12-31$15,084,674
Value of total assets at beginning of year2017-12-31$14,578,184
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$230,145
Total interest from all sources2017-12-31$13,475
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$518,429
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$518,429
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,153,382
Participant contributions at end of year2017-12-31$309,577
Participant contributions at beginning of year2017-12-31$293,681
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$33,060
Assets. Other investments not covered elsewhere at end of year2017-12-31$231,148
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$16,858
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$4
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$5,292
Liabilities. Value of operating payables at end of year2017-12-31$0
Liabilities. Value of operating payables at beginning of year2017-12-31$13,671
Total non interest bearing cash at end of year2017-12-31$88,610
Total non interest bearing cash at beginning of year2017-12-31$75,339
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,296,704
Value of net assets at end of year (total assets less liabilities)2017-12-31$15,084,670
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$14,564,513
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$145,088
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$11,802,272
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$11,665,073
Income. Interest from loans (other than to participants)2017-12-31$12,120
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$2,653,067
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$2,495,614
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$2,495,614
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$1,355
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,512,846
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$671,936
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$15,417
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,365,382
Contract administrator fees2017-12-31$85,057
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2017-12-31593029972
2016 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$396,319
Total transfer of assets from this plan2016-12-31$4,109,877
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$13,671
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$23,086
Total income from all sources (including contributions)2016-12-31$2,440,226
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$2,318,414
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,066,407
Value of total corrective distributions2016-12-31$14,628
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,715,570
Value of total assets at end of year2016-12-31$14,578,184
Value of total assets at beginning of year2016-12-31$18,179,345
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$237,379
Total interest from all sources2016-12-31$9,942
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$474,748
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$474,748
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,197,487
Participant contributions at end of year2016-12-31$293,681
Participant contributions at beginning of year2016-12-31$358,917
Participant contributions at end of year2016-12-31$33,060
Participant contributions at beginning of year2016-12-31$39,585
Assets. Other investments not covered elsewhere at end of year2016-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$61,465
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$72
Other income not declared elsewhere2016-12-31$8,441
Liabilities. Value of operating payables at end of year2016-12-31$13,671
Liabilities. Value of operating payables at beginning of year2016-12-31$23,014
Total non interest bearing cash at end of year2016-12-31$75,339
Total non interest bearing cash at beginning of year2016-12-31$63,483
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$121,812
Value of net assets at end of year (total assets less liabilities)2016-12-31$14,564,513
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$18,156,259
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$166,418
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$11,665,073
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$15,050,869
Interest on participant loans2016-12-31$9,665
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$2,495,614
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$2,646,640
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$2,646,640
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$277
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$231,525
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$456,618
Employer contributions (assets) at end of year2016-12-31$15,417
Employer contributions (assets) at beginning of year2016-12-31$19,851
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,066,407
Contract administrator fees2016-12-31$70,961
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2016-12-31593029972
2015 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets from this plan2015-12-31$5,869,966
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$23,086
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$37,799
Total income from all sources (including contributions)2015-12-31$1,988,709
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$2,308,540
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,013,812
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,020,224
Value of total assets at end of year2015-12-31$18,179,345
Value of total assets at beginning of year2015-12-31$24,383,855
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$294,728
Total interest from all sources2015-12-31$15,030
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$1,012,801
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$1,012,801
Administrative expenses professional fees incurred2015-12-31$9,354
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,446,162
Participant contributions at end of year2015-12-31$358,917
Participant contributions at beginning of year2015-12-31$560,717
Participant contributions at end of year2015-12-31$39,585
Participant contributions at beginning of year2015-12-31$100,712
Assets. Other investments not covered elsewhere at end of year2015-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$35,247
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$72
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Liabilities. Value of operating payables at end of year2015-12-31$23,014
Liabilities. Value of operating payables at beginning of year2015-12-31$37,799
Total non interest bearing cash at end of year2015-12-31$63,483
Total non interest bearing cash at beginning of year2015-12-31$3,476
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-319,831
Value of net assets at end of year (total assets less liabilities)2015-12-31$18,156,259
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$24,346,056
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$151,367
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$15,050,869
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$19,499,518
Interest on participant loans2015-12-31$14,732
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$2,646,640
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$4,186,152
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$4,186,152
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$298
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-1,059,346
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$538,815
Employer contributions (assets) at end of year2015-12-31$19,851
Employer contributions (assets) at beginning of year2015-12-31$33,280
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$2,013,812
Contract administrator fees2015-12-31$134,007
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2015-12-31593029972
2014 : PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$3,422,788
Total transfer of assets from this plan2014-12-31$4,205,862
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$37,799
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$15,055
Total income from all sources (including contributions)2014-12-31$3,987,439
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$6,416,824
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$5,926,072
Expenses. Certain deemed distributions of participant loans2014-12-31$128,153
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,494,487
Value of total assets at end of year2014-12-31$24,383,855
Value of total assets at beginning of year2014-12-31$27,573,570
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$362,599
Total interest from all sources2014-12-31$22,153
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,844,166
Participant contributions at end of year2014-12-31$560,717
Participant contributions at beginning of year2014-12-31$678,881
Participant contributions at end of year2014-12-31$100,712
Participant contributions at beginning of year2014-12-31$115,787
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$18,740
Liabilities. Value of operating payables at end of year2014-12-31$37,799
Liabilities. Value of operating payables at beginning of year2014-12-31$15,055
Total non interest bearing cash at end of year2014-12-31$3,476
Total non interest bearing cash at beginning of year2014-12-31$17,339
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-2,429,385
Value of net assets at end of year (total assets less liabilities)2014-12-31$24,346,056
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$27,558,515
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$19,499,518
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$21,121,105
Interest on participant loans2014-12-31$20,165
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$4,186,152
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$5,609,000
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$5,609,000
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$1,988
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$1,470,799
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$631,581
Employer contributions (assets) at end of year2014-12-31$33,280
Employer contributions (assets) at beginning of year2014-12-31$31,458
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$5,926,072
Contract administrator fees2014-12-31$362,599
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31MORGENSTEIN PHIFER & MESSINA, P.A.
Accountancy firm EIN2014-12-31593029972

Form 5500 Responses for PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN

2022: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
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
2021: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PEOPLE, INC. MULTIPLE EMPLOYER 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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