401k Plan data: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST plan

PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 401k Plan overview

Plan Name	PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST
Plan identification number	001

PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

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

Company Name: PROCUREMENT CONCEPTS, INC.

Employer identification number (EIN): 953919706

NAIC Classification: 453220
NAIC Description: Gift, Novelty, and Souvenir Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-12-01 HAROLD G. JOHNSON 2023-08-29 HAROLD G. JOHNSON 2023-08-29
001 2020-12-01 HAROLD G. JOHNSON 2022-09-15 HAROLD G. JOHNSON 2022-09-15
001 2019-12-01 HAROLD G. JOHNSON 2021-09-01 HAROLD G. JOHNSON 2021-09-01
001 2018-12-01 HAROLD G. JOHNSON 2020-06-24 HAROLD G. JOHNSON 2020-06-24
001 2017-12-01 HAROLD G. JOHNSON 2019-06-05 HAROLD G. JOHNSON 2019-06-05
001 2016-12-01 STEVEN TANGHERLINI
001 2016-12-01 HAROLD JOHNSON 2018-06-29
001 2015-12-01
001 2014-12-01
001 2013-12-01
001 2012-12-01 HAROLD G. JOHNSON
001 2011-12-01 HAROLD G. JOHNSON
001 2010-12-01 HAROLD G. JOHNSON
001 2009-12-01 GIL JOHNSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-12-01	HAROLD G. JOHNSON	2023-08-29	HAROLD G. JOHNSON	2023-08-29
001	2020-12-01	HAROLD G. JOHNSON	2022-09-15	HAROLD G. JOHNSON	2022-09-15
001	2019-12-01	HAROLD G. JOHNSON	2021-09-01	HAROLD G. JOHNSON	2021-09-01
001	2018-12-01	HAROLD G. JOHNSON	2020-06-24	HAROLD G. JOHNSON	2020-06-24
001	2017-12-01	HAROLD G. JOHNSON	2019-06-05	HAROLD G. JOHNSON	2019-06-05
001	2016-12-01	STEVEN TANGHERLINI
001	2016-12-01	HAROLD JOHNSON	2018-06-29
001	2015-12-01
001	2014-12-01
001	2013-12-01
001	2012-12-01	HAROLD G. JOHNSON
001	2011-12-01	HAROLD G. JOHNSON
001	2010-12-01	HAROLD G. JOHNSON
001	2009-12-01	GIL JOHNSON

Plan Statistics for PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST

401k plan membership statisitcs for PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST

Measure Date Value
2022: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2022 401k membership
Market value of plan assets 2022-11-30 937,419
Acturial value of plan assets 2022-11-30 937,419
Funding target for retired participants and beneficiaries receiving payment 2022-11-30 0
Number of terminated vested participants 2022-11-30 6
Fundng target for terminated vested participants 2022-11-30 41,308
Active participant vested funding target 2022-11-30 828,021
Number of active participants 2022-11-30 3
Total funding liabilities for active participants 2022-11-30 828,021
Total participant count 2022-11-30 9
Total funding target for all participants 2022-11-30 869,329
Present value of excess contributions 2022-11-30 15,383
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-11-30 15,383
Reductions in prefunding balances due to elections or deemed elections 2022-11-30 0
Minimum required contributions for current year target normal cost 2022-11-30 1,187
2021: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2021 401k membership
Total participants, beginning-of-year 2021-12-01 9
Total number of active participants reported on line 7a of the Form 5500 2021-12-01 9
Number of retired or separated participants receiving benefits 2021-12-01 0
Number of other retired or separated participants entitled to future benefits 2021-12-01 0
Total of all active and inactive participants 2021-12-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-12-01 0
Total participants 2021-12-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-12-01 0
Market value of plan assets 2021-11-30 961,961
Acturial value of plan assets 2021-11-30 961,961
Funding target for retired participants and beneficiaries receiving payment 2021-11-30 0
Number of terminated vested participants 2021-11-30 6
Fundng target for terminated vested participants 2021-11-30 65,371
Active participant vested funding target 2021-11-30 870,617
Number of active participants 2021-11-30 3
Total funding liabilities for active participants 2021-11-30 870,617
Total participant count 2021-11-30 9
Total funding target for all participants 2021-11-30 935,988
Present value of excess contributions 2021-11-30 460
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-11-30 460
Reductions in prefunding balances due to elections or deemed elections 2021-11-30 0
Total employer contributions 2021-11-30 15,690
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-11-30 15,383
Minimum required contributions for current year target normal cost 2021-11-30 1,152
Contributions allocatedtoward minimum required contributions for current year 2021-11-30 15,383
2020: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2020 401k membership
Total participants, beginning-of-year 2020-12-01 9
Total number of active participants reported on line 7a of the Form 5500 2020-12-01 9
Number of retired or separated participants receiving benefits 2020-12-01 0
Number of other retired or separated participants entitled to future benefits 2020-12-01 0
Total of all active and inactive participants 2020-12-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-12-01 0
Total participants 2020-12-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-12-01 0
Market value of plan assets 2020-11-30 949,495
Acturial value of plan assets 2020-11-30 949,495
Funding target for retired participants and beneficiaries receiving payment 2020-11-30 0
Number of terminated vested participants 2020-11-30 6
Fundng target for terminated vested participants 2020-11-30 62,896
Active participant vested funding target 2020-11-30 921,266
Number of active participants 2020-11-30 3
Total funding liabilities for active participants 2020-11-30 921,266
Total participant count 2020-11-30 9
Total funding target for all participants 2020-11-30 984,162
Present value of excess contributions 2020-11-30 933
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-11-30 933
Reductions in prefunding balances due to elections or deemed elections 2020-11-30 0
Total employer contributions 2020-11-30 10,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-11-30 9,650
Minimum required contributions for current year target normal cost 2020-11-30 5,985
Net shortfall amortization installment of oustanding balance 2020-11-30 34,667
Total funding amount beforereflecting carryover/prefunding balances 2020-11-30 9,190
Additional cash requirement 2020-11-30 9,190
Contributions allocatedtoward minimum required contributions for current year 2020-11-30 9,650
2019: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2019 401k membership
Total participants, beginning-of-year 2019-12-01 9
Total number of active participants reported on line 7a of the Form 5500 2019-12-01 9
Number of retired or separated participants receiving benefits 2019-12-01 0
Number of other retired or separated participants entitled to future benefits 2019-12-01 0
Total of all active and inactive participants 2019-12-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-12-01 0
Total participants 2019-12-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-12-01 0
Market value of plan assets 2019-11-30 1,097,631
Acturial value of plan assets 2019-11-30 1,097,631
Number of terminated vested participants 2019-11-30 8
Fundng target for terminated vested participants 2019-11-30 144,165
Active participant vested funding target 2019-11-30 951,210
Number of active participants 2019-11-30 3
Total funding liabilities for active participants 2019-11-30 951,210
Total participant count 2019-11-30 11
Total funding target for all participants 2019-11-30 1,095,375
Reductions in prefunding balances due to elections or deemed elections 2019-11-30 0
Total employer contributions 2019-11-30 6,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-11-30 5,823
Minimum required contributions for current year target normal cost 2019-11-30 7,146
Total funding amount beforereflecting carryover/prefunding balances 2019-11-30 4,890
Additional cash requirement 2019-11-30 4,890
Contributions allocatedtoward minimum required contributions for current year 2019-11-30 5,823
2018: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2018 401k membership
Total participants, beginning-of-year 2018-12-01 14
Total number of active participants reported on line 7a of the Form 5500 2018-12-01 11
Number of retired or separated participants receiving benefits 2018-12-01 0
Number of other retired or separated participants entitled to future benefits 2018-12-01 0
Total of all active and inactive participants 2018-12-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-12-01 0
Total participants 2018-12-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-12-01 0
Market value of plan assets 2018-11-30 1,140,702
Acturial value of plan assets 2018-11-30 1,140,702
Number of terminated vested participants 2018-11-30 11
Fundng target for terminated vested participants 2018-11-30 172,031
Active participant vested funding target 2018-11-30 914,243
Number of active participants 2018-11-30 3
Total funding liabilities for active participants 2018-11-30 914,243
Total participant count 2018-11-30 14
Total funding target for all participants 2018-11-30 1,086,274
Reductions in prefunding balances due to elections or deemed elections 2018-11-30 0
Minimum required contributions for current year target normal cost 2018-11-30 5,238
2017: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2017 401k membership
Total participants, beginning-of-year 2017-12-01 14
Total number of active participants reported on line 7a of the Form 5500 2017-12-01 14
Number of retired or separated participants receiving benefits 2017-12-01 0
Number of other retired or separated participants entitled to future benefits 2017-12-01 0
Total of all active and inactive participants 2017-12-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-12-01 0
Total participants 2017-12-01 14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-12-01 0
Market value of plan assets 2017-11-30 1,274,671
Acturial value of plan assets 2017-11-30 1,274,671
Number of terminated vested participants 2017-11-30 11
Fundng target for terminated vested participants 2017-11-30 158,752
Active participant vested funding target 2017-11-30 931,019
Number of active participants 2017-11-30 3
Total funding liabilities for active participants 2017-11-30 931,019
Total participant count 2017-11-30 14
Total funding target for all participants 2017-11-30 1,089,771
Present value of excess contributions 2017-11-30 212
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-11-30 212
Reductions in prefunding balances due to elections or deemed elections 2017-11-30 0
Minimum required contributions for current year target normal cost 2017-11-30 15,404
2016: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2016 401k membership
Total participants, beginning-of-year 2016-12-01 15
Total number of active participants reported on line 7a of the Form 5500 2016-12-01 14
Number of retired or separated participants receiving benefits 2016-12-01 0
Number of other retired or separated participants entitled to future benefits 2016-12-01 0
Total of all active and inactive participants 2016-12-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-12-01 0
Total participants 2016-12-01 14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-12-01 0
2015: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2015 401k membership
Total participants, beginning-of-year 2015-12-01 18
Total number of active participants reported on line 7a of the Form 5500 2015-12-01 15
Number of retired or separated participants receiving benefits 2015-12-01 0
Number of other retired or separated participants entitled to future benefits 2015-12-01 0
Total of all active and inactive participants 2015-12-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-12-01 0
Total participants 2015-12-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-12-01 0
2014: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2014 401k membership
Total participants, beginning-of-year 2014-12-01 20
Total number of active participants reported on line 7a of the Form 5500 2014-12-01 18
Number of retired or separated participants receiving benefits 2014-12-01 0
Number of other retired or separated participants entitled to future benefits 2014-12-01 0
Total of all active and inactive participants 2014-12-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-12-01 0
Total participants 2014-12-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-12-01 7
2013: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2013 401k membership
Total participants, beginning-of-year 2013-12-01 20
Total number of active participants reported on line 7a of the Form 5500 2013-12-01 5
Number of retired or separated participants receiving benefits 2013-12-01 0
Number of other retired or separated participants entitled to future benefits 2013-12-01 15
Total of all active and inactive participants 2013-12-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-12-01 0
Total participants 2013-12-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-12-01 0
2012: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2012 401k membership
Total participants, beginning-of-year 2012-12-01 44
Total number of active participants reported on line 7a of the Form 5500 2012-12-01 35
Number of retired or separated participants receiving benefits 2012-12-01 0
Number of other retired or separated participants entitled to future benefits 2012-12-01 0
Total of all active and inactive participants 2012-12-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-12-01 0
Total participants 2012-12-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-12-01 0
2011: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2011 401k membership
Total participants, beginning-of-year 2011-12-01 44
Total number of active participants reported on line 7a of the Form 5500 2011-12-01 44
Number of retired or separated participants receiving benefits 2011-12-01 0
Number of other retired or separated participants entitled to future benefits 2011-12-01 0
Total of all active and inactive participants 2011-12-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-12-01 0
Total participants 2011-12-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-12-01 0
2010: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2010 401k membership
Total participants, beginning-of-year 2010-12-01 39
Total number of active participants reported on line 7a of the Form 5500 2010-12-01 43
Number of retired or separated participants receiving benefits 2010-12-01 1
Number of other retired or separated participants entitled to future benefits 2010-12-01 0
Total of all active and inactive participants 2010-12-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-12-01 0
Total participants 2010-12-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-12-01 10
2009: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2009 401k membership
Total participants, beginning-of-year 2009-12-01 38
Total number of active participants reported on line 7a of the Form 5500 2009-12-01 39
Number of retired or separated participants receiving benefits 2009-12-01 0
Number of other retired or separated participants entitled to future benefits 2009-12-01 0
Total of all active and inactive participants 2009-12-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-12-01 0
Total participants 2009-12-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-12-01 11

Measure	Date	Value
2022: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2022 401k membership
Market value of plan assets	2022-11-30	937,419
Acturial value of plan assets	2022-11-30	937,419
Funding target for retired participants and beneficiaries receiving payment	2022-11-30	0
Number of terminated vested participants	2022-11-30	6
Fundng target for terminated vested participants	2022-11-30	41,308
Active participant vested funding target	2022-11-30	828,021
Number of active participants	2022-11-30	3
Total funding liabilities for active participants	2022-11-30	828,021
Total participant count	2022-11-30	9
Total funding target for all participants	2022-11-30	869,329
Present value of excess contributions	2022-11-30	15,383
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-11-30	15,383
Reductions in prefunding balances due to elections or deemed elections	2022-11-30	0
Minimum required contributions for current year target normal cost	2022-11-30	1,187
2021: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2021 401k membership
Total participants, beginning-of-year	2021-12-01	9
Total number of active participants reported on line 7a of the Form 5500	2021-12-01	9
Number of retired or separated participants receiving benefits	2021-12-01	0
Number of other retired or separated participants entitled to future benefits	2021-12-01	0
Total of all active and inactive participants	2021-12-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-12-01	0
Total participants	2021-12-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-12-01	0
Market value of plan assets	2021-11-30	961,961
Acturial value of plan assets	2021-11-30	961,961
Funding target for retired participants and beneficiaries receiving payment	2021-11-30	0
Number of terminated vested participants	2021-11-30	6
Fundng target for terminated vested participants	2021-11-30	65,371
Active participant vested funding target	2021-11-30	870,617
Number of active participants	2021-11-30	3
Total funding liabilities for active participants	2021-11-30	870,617
Total participant count	2021-11-30	9
Total funding target for all participants	2021-11-30	935,988
Present value of excess contributions	2021-11-30	460
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-11-30	460
Reductions in prefunding balances due to elections or deemed elections	2021-11-30	0
Total employer contributions	2021-11-30	15,690
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-11-30	15,383
Minimum required contributions for current year target normal cost	2021-11-30	1,152
Contributions allocatedtoward minimum required contributions for current year	2021-11-30	15,383
2020: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2020 401k membership
Total participants, beginning-of-year	2020-12-01	9
Total number of active participants reported on line 7a of the Form 5500	2020-12-01	9
Number of retired or separated participants receiving benefits	2020-12-01	0
Number of other retired or separated participants entitled to future benefits	2020-12-01	0
Total of all active and inactive participants	2020-12-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-12-01	0
Total participants	2020-12-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-12-01	0
Market value of plan assets	2020-11-30	949,495
Acturial value of plan assets	2020-11-30	949,495
Funding target for retired participants and beneficiaries receiving payment	2020-11-30	0
Number of terminated vested participants	2020-11-30	6
Fundng target for terminated vested participants	2020-11-30	62,896
Active participant vested funding target	2020-11-30	921,266
Number of active participants	2020-11-30	3
Total funding liabilities for active participants	2020-11-30	921,266
Total participant count	2020-11-30	9
Total funding target for all participants	2020-11-30	984,162
Present value of excess contributions	2020-11-30	933
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-11-30	933
Reductions in prefunding balances due to elections or deemed elections	2020-11-30	0
Total employer contributions	2020-11-30	10,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-11-30	9,650
Minimum required contributions for current year target normal cost	2020-11-30	5,985
Net shortfall amortization installment of oustanding balance	2020-11-30	34,667
Total funding amount beforereflecting carryover/prefunding balances	2020-11-30	9,190
Additional cash requirement	2020-11-30	9,190
Contributions allocatedtoward minimum required contributions for current year	2020-11-30	9,650
2019: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2019 401k membership
Total participants, beginning-of-year	2019-12-01	9
Total number of active participants reported on line 7a of the Form 5500	2019-12-01	9
Number of retired or separated participants receiving benefits	2019-12-01	0
Number of other retired or separated participants entitled to future benefits	2019-12-01	0
Total of all active and inactive participants	2019-12-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-12-01	0
Total participants	2019-12-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-12-01	0
Market value of plan assets	2019-11-30	1,097,631
Acturial value of plan assets	2019-11-30	1,097,631
Number of terminated vested participants	2019-11-30	8
Fundng target for terminated vested participants	2019-11-30	144,165
Active participant vested funding target	2019-11-30	951,210
Number of active participants	2019-11-30	3
Total funding liabilities for active participants	2019-11-30	951,210
Total participant count	2019-11-30	11
Total funding target for all participants	2019-11-30	1,095,375
Reductions in prefunding balances due to elections or deemed elections	2019-11-30	0
Total employer contributions	2019-11-30	6,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-11-30	5,823
Minimum required contributions for current year target normal cost	2019-11-30	7,146
Total funding amount beforereflecting carryover/prefunding balances	2019-11-30	4,890
Additional cash requirement	2019-11-30	4,890
Contributions allocatedtoward minimum required contributions for current year	2019-11-30	5,823
2018: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2018 401k membership
Total participants, beginning-of-year	2018-12-01	14
Total number of active participants reported on line 7a of the Form 5500	2018-12-01	11
Number of retired or separated participants receiving benefits	2018-12-01	0
Number of other retired or separated participants entitled to future benefits	2018-12-01	0
Total of all active and inactive participants	2018-12-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-12-01	0
Total participants	2018-12-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-12-01	0
Market value of plan assets	2018-11-30	1,140,702
Acturial value of plan assets	2018-11-30	1,140,702
Number of terminated vested participants	2018-11-30	11
Fundng target for terminated vested participants	2018-11-30	172,031
Active participant vested funding target	2018-11-30	914,243
Number of active participants	2018-11-30	3
Total funding liabilities for active participants	2018-11-30	914,243
Total participant count	2018-11-30	14
Total funding target for all participants	2018-11-30	1,086,274
Reductions in prefunding balances due to elections or deemed elections	2018-11-30	0
Minimum required contributions for current year target normal cost	2018-11-30	5,238
2017: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2017 401k membership
Total participants, beginning-of-year	2017-12-01	14
Total number of active participants reported on line 7a of the Form 5500	2017-12-01	14
Number of retired or separated participants receiving benefits	2017-12-01	0
Number of other retired or separated participants entitled to future benefits	2017-12-01	0
Total of all active and inactive participants	2017-12-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-12-01	0
Total participants	2017-12-01	14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-12-01	0
Market value of plan assets	2017-11-30	1,274,671
Acturial value of plan assets	2017-11-30	1,274,671
Number of terminated vested participants	2017-11-30	11
Fundng target for terminated vested participants	2017-11-30	158,752
Active participant vested funding target	2017-11-30	931,019
Number of active participants	2017-11-30	3
Total funding liabilities for active participants	2017-11-30	931,019
Total participant count	2017-11-30	14
Total funding target for all participants	2017-11-30	1,089,771
Present value of excess contributions	2017-11-30	212
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-11-30	212
Reductions in prefunding balances due to elections or deemed elections	2017-11-30	0
Minimum required contributions for current year target normal cost	2017-11-30	15,404
2016: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2016 401k membership
Total participants, beginning-of-year	2016-12-01	15
Total number of active participants reported on line 7a of the Form 5500	2016-12-01	14
Number of retired or separated participants receiving benefits	2016-12-01	0
Number of other retired or separated participants entitled to future benefits	2016-12-01	0
Total of all active and inactive participants	2016-12-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-12-01	0
Total participants	2016-12-01	14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-12-01	0
2015: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2015 401k membership
Total participants, beginning-of-year	2015-12-01	18
Total number of active participants reported on line 7a of the Form 5500	2015-12-01	15
Number of retired or separated participants receiving benefits	2015-12-01	0
Number of other retired or separated participants entitled to future benefits	2015-12-01	0
Total of all active and inactive participants	2015-12-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-12-01	0
Total participants	2015-12-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-12-01	0
2014: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2014 401k membership
Total participants, beginning-of-year	2014-12-01	20
Total number of active participants reported on line 7a of the Form 5500	2014-12-01	18
Number of retired or separated participants receiving benefits	2014-12-01	0
Number of other retired or separated participants entitled to future benefits	2014-12-01	0
Total of all active and inactive participants	2014-12-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-12-01	0
Total participants	2014-12-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-12-01	7
2013: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2013 401k membership
Total participants, beginning-of-year	2013-12-01	20
Total number of active participants reported on line 7a of the Form 5500	2013-12-01	5
Number of retired or separated participants receiving benefits	2013-12-01	0
Number of other retired or separated participants entitled to future benefits	2013-12-01	15
Total of all active and inactive participants	2013-12-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-12-01	0
Total participants	2013-12-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-12-01	0
2012: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2012 401k membership
Total participants, beginning-of-year	2012-12-01	44
Total number of active participants reported on line 7a of the Form 5500	2012-12-01	35
Number of retired or separated participants receiving benefits	2012-12-01	0
Number of other retired or separated participants entitled to future benefits	2012-12-01	0
Total of all active and inactive participants	2012-12-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-12-01	0
Total participants	2012-12-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-12-01	0
2011: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2011 401k membership
Total participants, beginning-of-year	2011-12-01	44
Total number of active participants reported on line 7a of the Form 5500	2011-12-01	44
Number of retired or separated participants receiving benefits	2011-12-01	0
Number of other retired or separated participants entitled to future benefits	2011-12-01	0
Total of all active and inactive participants	2011-12-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-12-01	0
Total participants	2011-12-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-12-01	0
2010: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2010 401k membership
Total participants, beginning-of-year	2010-12-01	39
Total number of active participants reported on line 7a of the Form 5500	2010-12-01	43
Number of retired or separated participants receiving benefits	2010-12-01	1
Number of other retired or separated participants entitled to future benefits	2010-12-01	0
Total of all active and inactive participants	2010-12-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-12-01	0
Total participants	2010-12-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-12-01	10
2009: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2009 401k membership
Total participants, beginning-of-year	2009-12-01	38
Total number of active participants reported on line 7a of the Form 5500	2009-12-01	39
Number of retired or separated participants receiving benefits	2009-12-01	0
Number of other retired or separated participants entitled to future benefits	2009-12-01	0
Total of all active and inactive participants	2009-12-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-12-01	0
Total participants	2009-12-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-12-01	11

Financial Data on PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST

Measure	Date	Value
2022 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2022 401k financial data
Total plan liabilities at end of year	2022-11-30	$0
Total plan liabilities at beginning of year	2022-11-30	$0
Total income from all sources	2022-11-30	$75,504
Expenses. Total of all expenses incurred	2022-11-30	$115,735
Benefits paid (including direct rollovers)	2022-11-30	$104,751
Total plan assets at end of year	2022-11-30	$937,419
Total plan assets at beginning of year	2022-11-30	$977,650
Value of fidelity bond covering the plan	2022-11-30	$100,000
Other income received	2022-11-30	$75,504
Net income (gross income less expenses)	2022-11-30	$-40,231
Net plan assets at end of year (total assets less liabilities)	2022-11-30	$937,419
Net plan assets at beginning of year (total assets less liabilities)	2022-11-30	$977,650
Expenses. Administrative service providers (salaries,fees and commissions)	2022-11-30	$10,984
2021 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2021 401k financial data
Total plan liabilities at end of year	2021-11-30	$0
Total plan liabilities at beginning of year	2021-11-30	$0
Total income from all sources	2021-11-30	$134,255
Expenses. Total of all expenses incurred	2021-11-30	$116,100
Benefits paid (including direct rollovers)	2021-11-30	$104,751
Total plan assets at end of year	2021-11-30	$977,650
Total plan assets at beginning of year	2021-11-30	$959,495
Value of fidelity bond covering the plan	2021-11-30	$150,000
Expenses. Other expenses not covered elsewhere	2021-11-30	$11,349
Other income received	2021-11-30	$118,565
Net income (gross income less expenses)	2021-11-30	$18,155
Net plan assets at end of year (total assets less liabilities)	2021-11-30	$977,650
Net plan assets at beginning of year (total assets less liabilities)	2021-11-30	$959,495
Total contributions received or receivable from employer(s)	2021-11-30	$15,690
2020 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2020 401k financial data
Total plan liabilities at end of year	2020-11-30	$0
Total plan liabilities at beginning of year	2020-11-30	$0
Total income from all sources	2020-11-30	$83,400
Expenses. Total of all expenses incurred	2020-11-30	$227,536
Benefits paid (including direct rollovers)	2020-11-30	$211,840
Total plan assets at end of year	2020-11-30	$959,495
Total plan assets at beginning of year	2020-11-30	$1,103,631
Value of fidelity bond covering the plan	2020-11-30	$150,000
Expenses. Other expenses not covered elsewhere	2020-11-30	$15,696
Other income received	2020-11-30	$73,400
Net income (gross income less expenses)	2020-11-30	$-144,136
Net plan assets at end of year (total assets less liabilities)	2020-11-30	$959,495
Net plan assets at beginning of year (total assets less liabilities)	2020-11-30	$1,103,631
Total contributions received or receivable from employer(s)	2020-11-30	$10,000
2019 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2019 401k financial data
Total plan liabilities at end of year	2019-11-30	$0
Total plan liabilities at beginning of year	2019-11-30	$0
Total income from all sources	2019-11-30	$35,258
Expenses. Total of all expenses incurred	2019-11-30	$72,329
Benefits paid (including direct rollovers)	2019-11-30	$53,400
Total plan assets at end of year	2019-11-30	$1,103,631
Total plan assets at beginning of year	2019-11-30	$1,140,702
Value of fidelity bond covering the plan	2019-11-30	$150,000
Other income received	2019-11-30	$29,258
Net income (gross income less expenses)	2019-11-30	$-37,071
Net plan assets at end of year (total assets less liabilities)	2019-11-30	$1,103,631
Net plan assets at beginning of year (total assets less liabilities)	2019-11-30	$1,140,702
Total contributions received or receivable from employer(s)	2019-11-30	$6,000
Expenses. Administrative service providers (salaries,fees and commissions)	2019-11-30	$18,929
2017 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2017 401k financial data
Total plan liabilities at end of year	2017-11-30	$0
Total plan liabilities at beginning of year	2017-11-30	$0
Total income from all sources	2017-11-30	$317,369
Expenses. Total of all expenses incurred	2017-11-30	$185,855
Benefits paid (including direct rollovers)	2017-11-30	$172,640
Total plan assets at end of year	2017-11-30	$1,274,671
Total plan assets at beginning of year	2017-11-30	$1,143,157
Value of fidelity bond covering the plan	2017-11-30	$200,000
Other income received	2017-11-30	$317,369
Net income (gross income less expenses)	2017-11-30	$131,514
Net plan assets at end of year (total assets less liabilities)	2017-11-30	$1,274,671
Net plan assets at beginning of year (total assets less liabilities)	2017-11-30	$1,143,157
Assets. Value of participant loans	2017-11-30	$53,100
Expenses. Administrative service providers (salaries,fees and commissions)	2017-11-30	$13,215
2016 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2016 401k financial data
Total plan liabilities at end of year	2016-11-30	$0
Total plan liabilities at beginning of year	2016-11-30	$0
Total income from all sources	2016-11-30	$50,513
Expenses. Total of all expenses incurred	2016-11-30	$284,609
Benefits paid (including direct rollovers)	2016-11-30	$272,980
Total plan assets at end of year	2016-11-30	$1,143,157
Total plan assets at beginning of year	2016-11-30	$1,377,253
Value of fidelity bond covering the plan	2016-11-30	$150,000
Other income received	2016-11-30	$36,513
Net income (gross income less expenses)	2016-11-30	$-234,096
Net plan assets at end of year (total assets less liabilities)	2016-11-30	$1,143,157
Net plan assets at beginning of year (total assets less liabilities)	2016-11-30	$1,377,253
Assets. Value of participant loans	2016-11-30	$70,249
Total contributions received or receivable from employer(s)	2016-11-30	$14,000
Expenses. Administrative service providers (salaries,fees and commissions)	2016-11-30	$11,629
2015 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2015 401k financial data
Total plan liabilities at end of year	2015-11-30	$0
Total plan liabilities at beginning of year	2015-11-30	$0
Total income from all sources	2015-11-30	$-95,798
Expenses. Total of all expenses incurred	2015-11-30	$93,114
Benefits paid (including direct rollovers)	2015-11-30	$84,724
Total plan assets at end of year	2015-11-30	$1,377,253
Total plan assets at beginning of year	2015-11-30	$1,566,165
Value of fidelity bond covering the plan	2015-11-30	$100,000
Other income received	2015-11-30	$-95,798
Net income (gross income less expenses)	2015-11-30	$-188,912
Net plan assets at end of year (total assets less liabilities)	2015-11-30	$1,377,253
Net plan assets at beginning of year (total assets less liabilities)	2015-11-30	$1,566,165
Assets. Value of participant loans	2015-11-30	$100,000
Expenses. Administrative service providers (salaries,fees and commissions)	2015-11-30	$8,390
2014 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2014 401k financial data
Total plan liabilities at end of year	2014-11-30	$0
Total plan liabilities at beginning of year	2014-11-30	$0
Total income from all sources	2014-11-30	$43,876
Expenses. Total of all expenses incurred	2014-11-30	$1,000
Total plan assets at end of year	2014-11-30	$1,566,165
Total plan assets at beginning of year	2014-11-30	$1,523,289
Value of fidelity bond covering the plan	2014-11-30	$200,000
Expenses. Other expenses not covered elsewhere	2014-11-30	$1,000
Other income received	2014-11-30	$43,876
Net income (gross income less expenses)	2014-11-30	$42,876
Net plan assets at end of year (total assets less liabilities)	2014-11-30	$1,566,165
Net plan assets at beginning of year (total assets less liabilities)	2014-11-30	$1,523,289
2013 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2013 401k financial data
Total plan liabilities at end of year	2013-11-30	$0
Total plan liabilities at beginning of year	2013-11-30	$0
Total income from all sources	2013-11-30	$60,904
Expenses. Total of all expenses incurred	2013-11-30	$178,019
Benefits paid (including direct rollovers)	2013-11-30	$178,019
Total plan assets at end of year	2013-11-30	$1,523,289
Total plan assets at beginning of year	2013-11-30	$1,640,404
Value of fidelity bond covering the plan	2013-11-30	$200,000
Other income received	2013-11-30	$60,904
Net income (gross income less expenses)	2013-11-30	$-117,115
Net plan assets at end of year (total assets less liabilities)	2013-11-30	$1,523,289
Net plan assets at beginning of year (total assets less liabilities)	2013-11-30	$1,640,404
2012 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2012 401k financial data
Total plan liabilities at end of year	2012-11-30	$0
Total plan liabilities at beginning of year	2012-11-30	$0
Total income from all sources	2012-11-30	$58,212
Total plan assets at end of year	2012-11-30	$1,640,404
Total plan assets at beginning of year	2012-11-30	$1,582,192
Value of fidelity bond covering the plan	2012-11-30	$200,000
Other income received	2012-11-30	$58,212
Net income (gross income less expenses)	2012-11-30	$58,212
Net plan assets at end of year (total assets less liabilities)	2012-11-30	$1,640,404
Net plan assets at beginning of year (total assets less liabilities)	2012-11-30	$1,582,192
2011 : PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2011 401k financial data
Total plan liabilities at end of year	2011-11-30	$0
Total plan liabilities at beginning of year	2011-11-30	$0
Total income from all sources	2011-11-30	$91,006
Total plan assets at end of year	2011-11-30	$1,582,192
Total plan assets at beginning of year	2011-11-30	$1,491,186
Value of fidelity bond covering the plan	2011-11-30	$200,000
Other income received	2011-11-30	$-183,994
Net income (gross income less expenses)	2011-11-30	$91,006
Net plan assets at end of year (total assets less liabilities)	2011-11-30	$1,582,192
Net plan assets at beginning of year (total assets less liabilities)	2011-11-30	$1,491,186
Total contributions received or receivable from employer(s)	2011-11-30	$275,000

Form 5500 Responses for PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST

2021: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2021 form 5500 responses
2021-12-01	Type of plan entity	Single employer plan
2021-12-01	Plan funding arrangement – Trust	Yes
2021-12-01	Plan benefit arrangement - Trust	Yes
2020: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2020 form 5500 responses
2020-12-01	Type of plan entity	Single employer plan
2020-12-01	Plan funding arrangement – Trust	Yes
2020-12-01	Plan benefit arrangement - Trust	Yes
2019: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2019 form 5500 responses
2019-12-01	Type of plan entity	Single employer plan
2019-12-01	Plan funding arrangement – Trust	Yes
2019-12-01	Plan benefit arrangement - Trust	Yes
2018: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2018 form 5500 responses
2018-12-01	Type of plan entity	Single employer plan
2018-12-01	Plan funding arrangement – Trust	Yes
2018-12-01	Plan benefit arrangement - Trust	Yes
2017: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2017 form 5500 responses
2017-12-01	Type of plan entity	Single employer plan
2017-12-01	Plan funding arrangement – Trust	Yes
2017-12-01	Plan benefit arrangement - Trust	Yes
2016: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2016 form 5500 responses
2016-12-01	Type of plan entity	Single employer plan
2016-12-01	Submission has been amended	Yes
2016-12-01	This submission is the final filing	No
2016-12-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-12-01	Plan is a collectively bargained plan	No
2016-12-01	Plan funding arrangement – Trust	Yes
2016-12-01	Plan benefit arrangement - Trust	Yes
2015: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2015 form 5500 responses
2015-12-01	Type of plan entity	Single employer plan
2015-12-01	Plan funding arrangement – Trust	Yes
2015-12-01	Plan benefit arrangement - Trust	Yes
2014: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2014 form 5500 responses
2014-12-01	Type of plan entity	Single employer plan
2014-12-01	Plan funding arrangement – Trust	Yes
2014-12-01	Plan benefit arrangement - Trust	Yes
2013: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2013 form 5500 responses
2013-12-01	Type of plan entity	Single employer plan
2013-12-01	Plan funding arrangement – Trust	Yes
2013-12-01	Plan benefit arrangement - Trust	Yes
2012: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2012 form 5500 responses
2012-12-01	Type of plan entity	Single employer plan
2012-12-01	Plan funding arrangement – Trust	Yes
2012-12-01	Plan benefit arrangement - Trust	Yes
2011: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2011 form 5500 responses
2011-12-01	Type of plan entity	Single employer plan
2011-12-01	Plan funding arrangement – Trust	Yes
2011-12-01	Plan benefit arrangement - Trust	Yes
2010: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2010 form 5500 responses
2010-12-01	Type of plan entity	Single employer plan
2010-12-01	Plan funding arrangement – Trust	Yes
2010-12-01	Plan benefit arrangement - Trust	Yes
2009: PROCUREMENT CONCEPTS, INC. DEFINED BENEFIT PENSION PLAN TRUST 2009 form 5500 responses
2009-12-01	Type of plan entity	Single employer plan
2009-12-01	Plan funding arrangement – Trust	Yes
2009-12-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PROCUREMENT CONCEPTS, INC.
Employer identification number (EIN):	953919706
NAIC Classification:	453220
NAIC Description:	Gift, Novelty, and Souvenir Stores