Fidelity bond in place
No
Filing
Problem Solved Inc. 401(K) Profit Sharing Plan
Problem Solved Inc. • EIN 20-0103607 • Plan year 2007
Filing Insights
Participants
Up14 → 15
1 • 7.14%
Assets
Up$0 → $182,909
$182,909
Investment Management Fee
-
Admin expenses - • Total expenses $1,406
Filing Details
Context- Net investment result
- $182,909
Status Flags
Limited-scope audit performed
Not reported
Contributions transmitted on time
Not reported
Participant loans in default
No
Leases in default
No
Reportable party-in-interest issues
Not reported
Loss discovered during year
No
Assets with undetermined value
No
Non-cash contributions
No
Assets held for investment
Not reported
5% transactions reported
Not reported
All plan assets distributed
No
Benefits paid when due
Not reported
Plan blackout period
Not reported
Plan termination resolution adopted
No
Counterparties
Company Timeline
This filing is highlighted inside the broader sponsor history.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2017 | 1 | 18 | $2,154,153 | $199,619 | $11,090iApproximate average salary by contribution assumption: employee only about $277,249 at 4% or $184,832 at 6%; with 50% employer match about $184,832 at 4% or $123,222 at 6%; with 100% employer match about $138,624 at 4% or $92,416 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 18 | $2,154,153 | $199,619 | $11,090iApproximate average salary by contribution assumption: employee only about $277,249 at 4% or $184,832 at 6%; with 50% employer match about $184,832 at 4% or $123,222 at 6%; with 100% employer match about $138,624 at 4% or $92,416 at 6%. |
| 2016 | 1 | 22 | $2,076,923 | $202,930 | $9,224iApproximate average salary by contribution assumption: employee only about $230,602 at 4% or $153,735 at 6%; with 50% employer match about $153,735 at 4% or $102,490 at 6%; with 100% employer match about $115,301 at 4% or $76,867 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 22 | $2,076,923 | $202,930 | $9,224iApproximate average salary by contribution assumption: employee only about $230,602 at 4% or $153,735 at 6%; with 50% employer match about $153,735 at 4% or $102,490 at 6%; with 100% employer match about $115,301 at 4% or $76,867 at 6%. |
| 2015 | 1 | 20 | $1,746,027 | $211,306 | $10,565iApproximate average salary by contribution assumption: employee only about $264,133 at 4% or $176,088 at 6%; with 50% employer match about $176,088 at 4% or $117,392 at 6%; with 100% employer match about $132,066 at 4% or $88,044 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 20 | $1,746,027 | $211,306 | $10,565iApproximate average salary by contribution assumption: employee only about $264,133 at 4% or $176,088 at 6%; with 50% employer match about $176,088 at 4% or $117,392 at 6%; with 100% employer match about $132,066 at 4% or $88,044 at 6%. |
| 2014 | 1 | 20 | $1,569,906 | $205,314 | $10,266iApproximate average salary by contribution assumption: employee only about $256,643 at 4% or $171,095 at 6%; with 50% employer match about $171,095 at 4% or $114,063 at 6%; with 100% employer match about $128,321 at 4% or $85,548 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 20 | $1,569,906 | $205,314 | $10,266iApproximate average salary by contribution assumption: employee only about $256,643 at 4% or $171,095 at 6%; with 50% employer match about $171,095 at 4% or $114,063 at 6%; with 100% employer match about $128,321 at 4% or $85,548 at 6%. |
| 2013 | 1 | 19 | $1,334,091 | $182,341 | $9,597iApproximate average salary by contribution assumption: employee only about $239,922 at 4% or $159,948 at 6%; with 50% employer match about $159,948 at 4% or $106,632 at 6%; with 100% employer match about $119,961 at 4% or $79,974 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 19 | $1,334,091 | $182,341 | $9,597iApproximate average salary by contribution assumption: employee only about $239,922 at 4% or $159,948 at 6%; with 50% employer match about $159,948 at 4% or $106,632 at 6%; with 100% employer match about $119,961 at 4% or $79,974 at 6%. |
| 2012 | 1 | 15 | $993,403 | $175,397 | $11,693iApproximate average salary by contribution assumption: employee only about $292,328 at 4% or $194,886 at 6%; with 50% employer match about $194,886 at 4% or $129,924 at 6%; with 100% employer match about $146,164 at 4% or $97,443 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 15 | $993,403 | $175,397 | $11,693iApproximate average salary by contribution assumption: employee only about $292,328 at 4% or $194,886 at 6%; with 50% employer match about $194,886 at 4% or $129,924 at 6%; with 100% employer match about $146,164 at 4% or $97,443 at 6%. |
| 2011 | 1 | 14 | $725,466 | $176,909 | $12,636iApproximate average salary by contribution assumption: employee only about $315,909 at 4% or $210,606 at 6%; with 50% employer match about $210,606 at 4% or $140,404 at 6%; with 100% employer match about $157,954 at 4% or $105,303 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 14 | $725,466 | $176,909 | $12,636iApproximate average salary by contribution assumption: employee only about $315,909 at 4% or $210,606 at 6%; with 50% employer match about $210,606 at 4% or $140,404 at 6%; with 100% employer match about $157,954 at 4% or $105,303 at 6%. |
| 2010 | 1 | 10 | $721,069 | $162,804 | $16,280iApproximate average salary by contribution assumption: employee only about $407,010 at 4% or $271,340 at 6%; with 50% employer match about $271,340 at 4% or $180,893 at 6%; with 100% employer match about $203,505 at 4% or $135,670 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 10 | $721,069 | $162,804 | $16,280iApproximate average salary by contribution assumption: employee only about $407,010 at 4% or $271,340 at 6%; with 50% employer match about $271,340 at 4% or $180,893 at 6%; with 100% employer match about $203,505 at 4% or $135,670 at 6%. |
| 2009 | 1 | 12 | $520,967 | $178,522 | $14,877iApproximate average salary by contribution assumption: employee only about $371,921 at 4% or $247,947 at 6%; with 50% employer match about $247,947 at 4% or $165,298 at 6%; with 100% employer match about $185,960 at 4% or $123,974 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 12 | $520,967 | $178,522 | $14,877iApproximate average salary by contribution assumption: employee only about $371,921 at 4% or $247,947 at 6%; with 50% employer match about $247,947 at 4% or $165,298 at 6%; with 100% employer match about $185,960 at 4% or $123,974 at 6%. |
| 2008 | 1 | 12 | $276,571 | $174,323 | $14,527iApproximate average salary by contribution assumption: employee only about $363,173 at 4% or $242,115 at 6%; with 50% employer match about $242,115 at 4% or $161,410 at 6%; with 100% employer match about $181,586 at 4% or $121,058 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | - | 12 | $276,571 | $174,323 | $14,527iApproximate average salary by contribution assumption: employee only about $363,173 at 4% or $242,115 at 6%; with 50% employer match about $242,115 at 4% or $161,410 at 6%; with 100% employer match about $181,586 at 4% or $121,058 at 6%. |
| 2007 | 1 | 15 | $182,909 | $186,532 | $12,435iApproximate average salary by contribution assumption: employee only about $310,887 at 4% or $207,258 at 6%; with 50% employer match about $207,258 at 4% or $138,172 at 6%; with 100% employer match about $155,443 at 4% or $103,629 at 6%. |
| Problem Solved Inc. 401(K) Profit Sharing Plan | Current | 15 | $182,909 | $186,532 | $12,435iApproximate average salary by contribution assumption: employee only about $310,887 at 4% or $207,258 at 6%; with 50% employer match about $207,258 at 4% or $138,172 at 6%; with 100% employer match about $155,443 at 4% or $103,629 at 6%. |
Schedule Details
Schedule I
Schedule I Financial Statement
Small plan result
Balance sheet and activity values reported by the filer for this small-plan annual return.
End-of-year assets$182,909$182,909 change
Balance Sheet
Beginning and end of plan year.
Total assets$0$182,909Increase +$182,909
Total liabilities$0$0No change $0
Net assets$0$182,909Increase +$182,909
Contributions
Employer contributions$41,552
Participant contributions$144,980
Other contributions$0
Income & Expenses
Total income$184,315
Total expenses$1,406
Net income$182,909
Source fields
- Schedule I source fields
- Filing Id
- 84037206389538
- Schedule I EIN
- 20-0103607
- Schedule I Plan Num
- 001
- Schedule I Plan Year Begin Date
- 2007-01-01
- Schedule I Tax Period
- 20071231
- Small plan total assets at beginning of year
- $0
- Small plan total liabilities at beginning of year
- $0
- Small plan net assets at beginning of year
- $0
- Small plan total assets at end of year
- $182,909
- Small plan total liabilities at end of year
- $0
- Small plan net assets at end of year
- $182,909
- Small plan employer contributions
- $41,552
- Small plan participant contributions
- $144,980
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $-2,217
- Small plan total income
- $184,315
- Small plan total benefit distributions
- $0
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $1,406
- Small plan total expenses
- $1,406
- Small plan net income or loss
- $182,909
- Small Total Plan Transfers Amount
- $0
- Small Joint Venture End of year Indicator
- No
- Small Joint Venture End of year Amount
- $0
- Small Employer Prop End of year Indicator
- No
- Small Employer Prop End of year Amount
- $0
- Small Investment Real Est End of year I
- 2
- Small Investment Real Est End of year A
- 0
- Small Employer Sec End of year Indicator
- No
- Small Employer Sec End of year Amount
- $0
- Small Mortg Participants End of year Indicator
- No
- Small Mortg Participants End of year Amount
- $0
- Small Oth Lns Participants End of year Indicator
- No
- Small Oth Lns Participants End of year Amount
- $0
- Small Personal Prop End of year Indicator
- No
- Small Personal Prop End of year Amount
- $0
- Small Fail Xmt Ctb I
- 2
- Small Fail Xmt Ctb A
- 0
- Small plan participant loans in default
- No
- Small Loans In Default Amount
- $0
- Small plan leases in default
- No
- Small Leases In Default Amount
- $0
- Small Pt In Interest Not Reported I
- 2
- Small Pt In Interest Not Reported A
- 0
- Small plan fidelity bond in place
- No
- Small plan fidelity bond amount
- $0
- Small plan loss discovered during year
- No
- Small Loss Discovered Dur Year Amount
- $0
- Small plan assets with undetermined value
- No
- Small Asset Undeterm Valuation Amount
- $0
- Small plan non-cash contributions reported
- No
- Small Non Cash Contribution Amount
- $0
- Small 20 Percent Sngl Investment Indicator
- No
- Small 20 Percent Sngl Investment Amount
- $0
- Small plan all plan assets distributed
- No
- Waiver Annual Iqpa Report
- 1
- Small plan resolution to terminate plan adopted
- No
- Small Res Terminate Plan Adpt Amount
- $0
Schedule R
Schedule R Pension Information
Retirement plan characteristics
Testing, payor, opinion-letter, and transfer information reported with the filing.
Transfers
Distributed property value$0
Schedule R source fields
- Row 1
- Filing Id
- 84037206389538
- Schedule R EIN
- 20-0103607
- Schedule R Plan number
- 001
- Schedule R Plan Year Begin Date
- 2007-01-01
- Schedule R Tax Period
- 20071231
- Pension Value Dstrb Pd Property Amount
- $0
- Pension Bnft Distribution Sngl Sum Count
- 0
- Pension Employer Contribution Rqr Amount
- $0
- Pension Employer Contribution Paid Amount
- $0
- Pension Funding Deficiency Amount
- $0
- Pension Satisfy Cover Basis Code
- 1