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CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan NameCHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN
Plan identification number 001

CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN Benefits

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

401k Sponsoring company profile

CHAMBERS & CHAMBERS INC. has sponsored the creation of one or more 401k plans.

Company Name:CHAMBERS & CHAMBERS INC.
Employer identification number (EIN):942433509
NAIC Classification:424800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01JEFF OLSON2020-10-08
0012018-01-01FRANK ROLLINS2019-04-19
0012017-01-01FRANK ROLLINS2018-05-22
0012016-01-01FRANK ROLLINS2017-04-25 FRANK ROLLINS2017-04-25
0012015-01-01FRANK ROLLINS2016-07-11 FRANK ROLLINS2016-07-11
0012014-01-01FRANK ROLLINS2015-07-17 FRANK ROLLINS2015-07-17
0012013-01-01FRANK ROLLINS2014-06-10 FRANK ROLLINS2014-06-10
0012012-01-01FRANK ROLLINS2013-07-08 FRANK ROLLINS2013-07-08
0012011-01-01FRANK ROLLINS2012-06-05 FRANK ROLLINS2012-06-05
0012010-01-01FRANK ROLLINS2011-07-12
0012009-01-01FRANK ROLLINS FRANK ROLLINS2010-07-13

Plan Statistics for CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2022: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01140
Total number of active participants reported on line 7a of the Form 55002022-01-0191
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0163
Total of all active and inactive participants2022-01-01154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01154
Number of participants with account balances2022-01-01113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01133
Total number of active participants reported on line 7a of the Form 55002021-01-0178
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0161
Total of all active and inactive participants2021-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01139
Number of participants with account balances2021-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01125
Total number of active participants reported on line 7a of the Form 55002020-01-0179
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0151
Total of all active and inactive participants2020-01-01130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01130
Number of participants with account balances2020-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2009: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0185
Total number of active participants reported on line 7a of the Form 55002009-01-0176
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0117
Total of all active and inactive participants2009-01-0193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0193
Number of participants with account balances2009-01-0166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2022 : CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
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$79,254
Total income from all sources (including contributions)2022-12-31$-2,065,573
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,380,364
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,325,627
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$901,470
Value of total assets at end of year2022-12-31$14,263,212
Value of total assets at beginning of year2022-12-31$17,788,403
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$54,737
Total interest from all sources2022-12-31$9,121
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$495,771
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$495,771
Administrative expenses professional fees incurred2022-12-31$485
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 period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$507,780
Participant contributions at end of year2022-12-31$215,380
Participant contributions at beginning of year2022-12-31$241,326
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$27,883
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$86,651
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$79,254
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$924
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,445,937
Value of net assets at end of year (total assets less liabilities)2022-12-31$14,263,212
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$17,709,149
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$51,832
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$13,185,413
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$16,839,711
Interest on participant loans2022-12-31$9,121
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$862,419
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$678,559
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$678,559
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-3,471,935
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$307,039
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,325,627
Contract administrator fees2022-12-31$2,420
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PISENTI & BRINKER LLP
Accountancy firm EIN2022-12-31941585562
2021 : CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$79,254
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$3,610,876
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,650,697
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,579,077
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$775,267
Value of total assets at end of year2021-12-31$17,788,403
Value of total assets at beginning of year2021-12-31$15,748,970
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$71,620
Total interest from all sources2021-12-31$11,594
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$208,097
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$208,097
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 period2021-12-31No
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$529,539
Participant contributions at end of year2021-12-31$241,326
Participant contributions at beginning of year2021-12-31$327,914
Participant contributions at end of year2021-12-31$27,883
Participant contributions at beginning of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$46,127
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$79,254
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$924
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,960,179
Value of net assets at end of year (total assets less liabilities)2021-12-31$17,709,149
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$15,748,970
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$16,839,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$15,412,358
Interest on participant loans2021-12-31$11,594
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$678,559
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,615,918
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$199,601
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$8,698
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,579,077
Contract administrator fees2021-12-31$71,620
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 name2021-12-31PISENTI & BRINKER LLP
Accountancy firm EIN2021-12-31941585562
2020 : CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$2,836,161
Total loss/gain on sale of assets2020-12-31$103,571
Total of all expenses incurred2020-12-31$998,440
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$957,321
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$801,812
Value of total assets at end of year2020-12-31$15,748,970
Value of total assets at beginning of year2020-12-31$13,911,249
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$41,119
Total interest from all sources2020-12-31$12,888
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$549,773
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$549,773
Administrative expenses professional fees incurred2020-12-31$3,010
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 period2020-12-31No
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$464,944
Participant contributions at end of year2020-12-31$327,914
Participant contributions at beginning of year2020-12-31$298,092
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$137,390
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$1,837,721
Value of net assets at end of year (total assets less liabilities)2020-12-31$15,748,970
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$13,911,249
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$15,412,358
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$13,608,622
Interest on participant loans2020-12-31$12,888
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,368,117
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 contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$199,478
Employer contributions (assets) at end of year2020-12-31$8,698
Employer contributions (assets) at beginning of year2020-12-31$4,535
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$957,321
Contract administrator fees2020-12-31$38,109
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
Aggregate proceeds on sale of assets2020-12-31$4,239,030
Aggregate carrying amount (costs) on sale of assets2020-12-31$4,135,459
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PISENTI & BRINKER LLP
Accountancy firm EIN2020-12-31941585562
2009 : CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN

2022: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
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: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle 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: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle 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
2009: CHAMBERS & CHAMBERS, INC. PROFIT SHARING 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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