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BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameBLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN
Plan identification number 002

BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.

401k Sponsoring company profile

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

Company Name:BLOODSOURCE, INC.
Employer identification number (EIN):941231001
NAIC Classification:621900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01ELIZABETH SWEELEY

Plan Statistics for BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN

Measure Date Value
2016: BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01405
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN

Measure Date Value
2016 : BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN 2016 401k financial data
Total transfer of assets from this plan2016-12-31$10,647,180
Total income from all sources (including contributions)2016-12-31$2,989,174
Total of all expenses incurred2016-12-31$1,927,436
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,868,320
Value of total corrective distributions2016-12-31$1,099
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,079,261
Value of total assets at end of year2016-12-31$0
Value of total assets at beginning of year2016-12-31$9,585,442
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$58,017
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$209,757
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$209,757
Administrative expenses professional fees incurred2016-12-31$20,034
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,048,914
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$59,960
Administrative expenses (other) incurred2016-12-31$37,983
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$1,061,738
Value of net assets at end of year (total assets less liabilities)2016-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$9,585,442
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$9,572,215
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$13,227
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$13,227
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$700,156
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$970,387
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,868,320
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31Yes
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 name2016-12-31GRANT THORNTON LLP
Accountancy firm EIN2016-12-31366055558

Form 5500 Responses for BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN

2016: BLOOD CENTERS OF THE PACIFIC RETIREMENT SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01This submission is the final filingYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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