Civic Intelligence
Filing

Ameri-Force Inc. Employee Stock Ownership Plan

Ameri-Force Inc. • EIN 59-3081023 • Plan year 2012

Filing Insights

Participants

Down

823 → 480

-343 • -41.68%

Assets

Up

$5,385,286 → $6,233,832

$848,546 • 15.76%

Investment Management Fee

1.12%

$65,296

Admin expenses $65,296 • Total expenses $430,126

Filing Details

Context
Net investment result
$2,333,126
Accountant opinion
Unqualified opinion
Pension payor EIN
58-1428634

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

No

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

No

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Yes

5% transactions reported

No

All plan assets distributed

No

Benefits paid when due

No

Plan blackout period

No

Plan termination resolution adopted

No

Counterparties
Known direct compensation$62,7361.08%
ProviderServicesLocationDirect CompensationRelated
TRANSITION FINANCE STRATEGIES, LLCEIN 13-4238973Contract administration-$39,5360.68%
DIXON HUGHES GOODMAN, LLPEIN 56-0747981Accounting-$15,0000.26%
BVIEIN 59-3137254Service code 34-$8,2000.14%
DIXON HUGHES GOODMAN LLPEIN 56-0747981Accountant, Unqualified opinion--

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20241163$5,518,342$427,502$2,623iApproximate average salary by contribution assumption: employee only about $65,568 at 4% or $43,712 at 6%; with 50% employer match about $43,712 at 4% or $29,141 at 6%; with 100% employer match about $32,784 at 4% or $21,856 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-163$5,518,342$427,502$2,623iApproximate average salary by contribution assumption: employee only about $65,568 at 4% or $43,712 at 6%; with 50% employer match about $43,712 at 4% or $29,141 at 6%; with 100% employer match about $32,784 at 4% or $21,856 at 6%.
20231132$7,304,045$570,780$4,324iApproximate average salary by contribution assumption: employee only about $108,102 at 4% or $72,068 at 6%; with 50% employer match about $72,068 at 4% or $48,045 at 6%; with 100% employer match about $54,051 at 4% or $36,034 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-132$7,304,045$570,780$4,324iApproximate average salary by contribution assumption: employee only about $108,102 at 4% or $72,068 at 6%; with 50% employer match about $72,068 at 4% or $48,045 at 6%; with 100% employer match about $54,051 at 4% or $36,034 at 6%.
2022179$8,260,606$646,933$8,189iApproximate average salary by contribution assumption: employee only about $204,726 at 4% or $136,484 at 6%; with 50% employer match about $136,484 at 4% or $90,989 at 6%; with 100% employer match about $102,363 at 4% or $68,242 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-79$8,260,606$646,933$8,189iApproximate average salary by contribution assumption: employee only about $204,726 at 4% or $136,484 at 6%; with 50% employer match about $136,484 at 4% or $90,989 at 6%; with 100% employer match about $102,363 at 4% or $68,242 at 6%.
20211139$7,360,930$793,572$5,709iApproximate average salary by contribution assumption: employee only about $142,729 at 4% or $95,153 at 6%; with 50% employer match about $95,153 at 4% or $63,435 at 6%; with 100% employer match about $71,364 at 4% or $47,576 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-139$7,360,930$793,572$5,709iApproximate average salary by contribution assumption: employee only about $142,729 at 4% or $95,153 at 6%; with 50% employer match about $95,153 at 4% or $63,435 at 6%; with 100% employer match about $71,364 at 4% or $47,576 at 6%.
20201173$3,767,756$232,849$1,346iApproximate average salary by contribution assumption: employee only about $33,649 at 4% or $22,432 at 6%; with 50% employer match about $22,432 at 4% or $14,955 at 6%; with 100% employer match about $16,824 at 4% or $11,216 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-173$3,767,756$232,849$1,346iApproximate average salary by contribution assumption: employee only about $33,649 at 4% or $22,432 at 6%; with 50% employer match about $22,432 at 4% or $14,955 at 6%; with 100% employer match about $16,824 at 4% or $11,216 at 6%.
20191154$4,579,568$110,000$714iApproximate average salary by contribution assumption: employee only about $17,857 at 4% or $11,905 at 6%; with 50% employer match about $11,905 at 4% or $7,937 at 6%; with 100% employer match about $8,929 at 4% or $5,952 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-154$4,579,568$110,000$714iApproximate average salary by contribution assumption: employee only about $17,857 at 4% or $11,905 at 6%; with 50% employer match about $11,905 at 4% or $7,937 at 6%; with 100% employer match about $8,929 at 4% or $5,952 at 6%.
20181132$4,232,517$199,643$1,512iApproximate average salary by contribution assumption: employee only about $37,811 at 4% or $25,207 at 6%; with 50% employer match about $25,207 at 4% or $16,805 at 6%; with 100% employer match about $18,906 at 4% or $12,604 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-132$4,232,517$199,643$1,512iApproximate average salary by contribution assumption: employee only about $37,811 at 4% or $25,207 at 6%; with 50% employer match about $25,207 at 4% or $16,805 at 6%; with 100% employer match about $18,906 at 4% or $12,604 at 6%.
20171151$3,810,276$412,137$2,729iApproximate average salary by contribution assumption: employee only about $68,235 at 4% or $45,490 at 6%; with 50% employer match about $45,490 at 4% or $30,326 at 6%; with 100% employer match about $34,117 at 4% or $22,745 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-151$3,810,276$412,137$2,729iApproximate average salary by contribution assumption: employee only about $68,235 at 4% or $45,490 at 6%; with 50% employer match about $45,490 at 4% or $30,326 at 6%; with 100% employer match about $34,117 at 4% or $22,745 at 6%.
20161174$2,347,197$1,669,130$9,593iApproximate average salary by contribution assumption: employee only about $239,818 at 4% or $159,878 at 6%; with 50% employer match about $159,878 at 4% or $106,586 at 6%; with 100% employer match about $119,909 at 4% or $79,939 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-174$2,347,197$1,669,130$9,593iApproximate average salary by contribution assumption: employee only about $239,818 at 4% or $159,878 at 6%; with 50% employer match about $159,878 at 4% or $106,586 at 6%; with 100% employer match about $119,909 at 4% or $79,939 at 6%.
20152218$5,069,725$1,867,080$8,565iApproximate average salary by contribution assumption: employee only about $214,115 at 4% or $142,743 at 6%; with 50% employer match about $142,743 at 4% or $95,162 at 6%; with 100% employer match about $107,057 at 4% or $71,372 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-218$5,069,725$1,867,080$8,565iApproximate average salary by contribution assumption: employee only about $214,115 at 4% or $142,743 at 6%; with 50% employer match about $142,743 at 4% or $95,162 at 6%; with 100% employer match about $107,057 at 4% or $71,372 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-0$0$0-
20142391$6,936,213$1,798,016$4,599iApproximate average salary by contribution assumption: employee only about $114,963 at 4% or $76,642 at 6%; with 50% employer match about $76,642 at 4% or $51,095 at 6%; with 100% employer match about $57,481 at 4% or $38,321 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-391$6,720,000$1,798,016$4,599iApproximate average salary by contribution assumption: employee only about $114,963 at 4% or $76,642 at 6%; with 50% employer match about $76,642 at 4% or $51,095 at 6%; with 100% employer match about $57,481 at 4% or $38,321 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-19$216,213$0-
20132577$6,616,832$1,854,562$3,214iApproximate average salary by contribution assumption: employee only about $80,354 at 4% or $53,569 at 6%; with 50% employer match about $53,569 at 4% or $35,713 at 6%; with 100% employer match about $40,177 at 4% or $26,785 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-577$6,390,000$1,839,489$3,188iApproximate average salary by contribution assumption: employee only about $79,701 at 4% or $53,134 at 6%; with 50% employer match about $53,134 at 4% or $35,422 at 6%; with 100% employer match about $39,850 at 4% or $26,567 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-20$226,832$15,073$754iApproximate average salary by contribution assumption: employee only about $18,841 at 4% or $12,561 at 6%; with 50% employer match about $12,561 at 4% or $8,374 at 6%; with 100% employer match about $9,421 at 4% or $6,280 at 6%.
20122480$6,454,795$1,926,779$4,014iApproximate average salary by contribution assumption: employee only about $100,353 at 4% or $66,902 at 6%; with 50% employer match about $66,902 at 4% or $44,601 at 6%; with 100% employer match about $50,177 at 4% or $33,451 at 6%.
Ameri-Force Inc. Employee Stock Ownership PlanCurrent480$6,233,832$1,903,252$3,965iApproximate average salary by contribution assumption: employee only about $99,128 at 4% or $66,085 at 6%; with 50% employer match about $66,085 at 4% or $44,057 at 6%; with 100% employer match about $49,564 at 4% or $33,043 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-23$220,963$23,527$1,023iApproximate average salary by contribution assumption: employee only about $25,573 at 4% or $17,049 at 6%; with 50% employer match about $17,049 at 4% or $11,366 at 6%; with 100% employer match about $12,786 at 4% or $8,524 at 6%.
20112435$5,737,340$1,933,208$4,444iApproximate average salary by contribution assumption: employee only about $111,104 at 4% or $74,069 at 6%; with 50% employer match about $74,069 at 4% or $49,380 at 6%; with 100% employer match about $55,552 at 4% or $37,035 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-435$5,385,286$1,886,985$4,338iApproximate average salary by contribution assumption: employee only about $108,447 at 4% or $72,298 at 6%; with 50% employer match about $72,298 at 4% or $48,199 at 6%; with 100% employer match about $54,224 at 4% or $36,149 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-31$352,054$46,223$1,491iApproximate average salary by contribution assumption: employee only about $37,277 at 4% or $24,851 at 6%; with 50% employer match about $24,851 at 4% or $16,567 at 6%; with 100% employer match about $18,638 at 4% or $12,426 at 6%.
20102271$7,759,197$2,975,543$10,980iApproximate average salary by contribution assumption: employee only about $274,497 at 4% or $182,998 at 6%; with 50% employer match about $182,998 at 4% or $121,998 at 6%; with 100% employer match about $137,248 at 4% or $91,499 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-271$7,381,495$2,909,846$10,737iApproximate average salary by contribution assumption: employee only about $268,436 at 4% or $178,957 at 6%; with 50% employer match about $178,957 at 4% or $119,305 at 6%; with 100% employer match about $134,218 at 4% or $89,479 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-28$377,702$65,697$2,346iApproximate average salary by contribution assumption: employee only about $58,658 at 4% or $39,105 at 6%; with 50% employer match about $39,105 at 4% or $26,070 at 6%; with 100% employer match about $29,329 at 4% or $19,553 at 6%.
20092341$4,380,717$2,062,393$6,048iApproximate average salary by contribution assumption: employee only about $151,202 at 4% or $100,801 at 6%; with 50% employer match about $100,801 at 4% or $67,201 at 6%; with 100% employer match about $75,601 at 4% or $50,401 at 6%.
Ameri-Force Inc. Employee Stock Ownership Plan-341$4,041,000$2,010,000$5,894iApproximate average salary by contribution assumption: employee only about $147,361 at 4% or $98,240 at 6%; with 50% employer match about $98,240 at 4% or $65,494 at 6%; with 100% employer match about $73,680 at 4% or $49,120 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-31$339,717$52,393$1,690iApproximate average salary by contribution assumption: employee only about $42,252 at 4% or $28,168 at 6%; with 50% employer match about $28,168 at 4% or $18,779 at 6%; with 100% employer match about $21,126 at 4% or $14,084 at 6%.
20081118$265,629$129,047$1,094iApproximate average salary by contribution assumption: employee only about $27,340 at 4% or $18,227 at 6%; with 50% employer match about $18,227 at 4% or $12,151 at 6%; with 100% employer match about $13,670 at 4% or $9,113 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-118$265,629$129,047$1,094iApproximate average salary by contribution assumption: employee only about $27,340 at 4% or $18,227 at 6%; with 50% employer match about $18,227 at 4% or $12,151 at 6%; with 100% employer match about $13,670 at 4% or $9,113 at 6%.
2007192$0$0-
Ameri-Force Inc. & Affiliates 401(K) Plan-92---
2006161$194,882$122,408$2,007iApproximate average salary by contribution assumption: employee only about $50,167 at 4% or $33,445 at 6%; with 50% employer match about $33,445 at 4% or $22,297 at 6%; with 100% employer match about $25,084 at 4% or $16,722 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-61$194,882$122,408$2,007iApproximate average salary by contribution assumption: employee only about $50,167 at 4% or $33,445 at 6%; with 50% employer match about $33,445 at 4% or $22,297 at 6%; with 100% employer match about $25,084 at 4% or $16,722 at 6%.
2005142$64,193$26,715$636iApproximate average salary by contribution assumption: employee only about $15,902 at 4% or $10,601 at 6%; with 50% employer match about $10,601 at 4% or $7,067 at 6%; with 100% employer match about $7,951 at 4% or $5,301 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-42$64,193$26,715$636iApproximate average salary by contribution assumption: employee only about $15,902 at 4% or $10,601 at 6%; with 50% employer match about $10,601 at 4% or $7,067 at 6%; with 100% employer match about $7,951 at 4% or $5,301 at 6%.
2004143$52,719$14,531$338iApproximate average salary by contribution assumption: employee only about $8,448 at 4% or $5,632 at 6%; with 50% employer match about $5,632 at 4% or $3,755 at 6%; with 100% employer match about $4,224 at 4% or $2,816 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-43$52,719$14,531$338iApproximate average salary by contribution assumption: employee only about $8,448 at 4% or $5,632 at 6%; with 50% employer match about $5,632 at 4% or $3,755 at 6%; with 100% employer match about $4,224 at 4% or $2,816 at 6%.
2003148$58,882$21,176$441iApproximate average salary by contribution assumption: employee only about $11,029 at 4% or $7,353 at 6%; with 50% employer match about $7,353 at 4% or $4,902 at 6%; with 100% employer match about $5,515 at 4% or $3,676 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-48$58,882$21,176$441iApproximate average salary by contribution assumption: employee only about $11,029 at 4% or $7,353 at 6%; with 50% employer match about $7,353 at 4% or $4,902 at 6%; with 100% employer match about $5,515 at 4% or $3,676 at 6%.
2002116$36,696$31,953$1,997iApproximate average salary by contribution assumption: employee only about $49,927 at 4% or $33,284 at 6%; with 50% employer match about $33,284 at 4% or $22,190 at 6%; with 100% employer match about $24,963 at 4% or $16,642 at 6%.
Ameri-Force Inc. & Affiliates 401(K) Plan-16$36,696$31,953$1,997iApproximate average salary by contribution assumption: employee only about $49,927 at 4% or $33,284 at 6%; with 50% employer match about $33,284 at 4% or $22,190 at 6%; with 100% employer match about $24,963 at 4% or $16,642 at 6%.
2001117$0$0-
Ameri-Force Inc. & Affiliates 401(K) Plan-17---
Schedule Details

Schedule C

Schedule C Provider

TRANSITION FINANCE STRATEGIES, LLC

NONE • EIN 13-4238973

Direct compensation$39,536
Contract administration
Indirect compensationNo
Source fields
Row 1
Service code: Contract administration
Service code
Contract administration
TRANSITION FINANCE STRATEGIES, LLC
Other provider name
TRANSITION FINANCE STRATEGIES, LLC
Other provider EIN
13-4238973
Relationship to employer or plan
NONE
Direct compensation
$39,536
Indirect compensation reported
No

Schedule C Provider

DIXON HUGHES GOODMAN, LLP

NONE • EIN 56-0747981

Direct compensation$15,000
Accounting
Indirect compensationNo
Source fields
Row 3
Service code: Accounting
Service code
Accounting
DIXON HUGHES GOODMAN, LLP
Other provider name
DIXON HUGHES GOODMAN, LLP
Other provider EIN
56-0747981
Relationship to employer or plan
NONE
Direct compensation
$15,000
Indirect compensation reported
No

Schedule C Provider

BVI

NONE • EIN 59-3137254

Direct compensation$8,200
Service code 34
Indirect compensationNo
Source fields
Row 5
Service code: Service code 34
Service code
Service code 34
BVI
Other provider name
BVI
Other provider EIN
59-3137254
Relationship to employer or plan
NONE
Direct compensation
$8,200
Indirect compensation reported
No

Schedule C Provider

Provider 4

Provider details

Source fields
Row 7
Excluded provider reported
No

Schedule H

Schedule H Financial Statement

Large plan result

Assets, contributions, fees, audit, and compliance fields reported for this large-plan filing.

End-of-year assets$6,233,832$848,546 change

Balance Sheet

Beginning and end of plan year.

Total assets$5,385,286$6,233,832Increase +$848,546 (15.76%)
Total liabilities$7,285,301$5,800,721Decrease -$1,484,580 (-20.38%)
Net assets$-1,900,015$433,111Increase +$2,333,126 (-122.80%)

Contributions

Employer contributions$1,903,252
Total contributions$1,903,252

Income & Investment Result

Total income$2,763,252
Interest$0
Dividends$0
Net income$2,333,126

Expenses & Fees

Benefits paid$429
Administrative expenses$65,296
Total expenses$430,126

Accountant

FirmDIXON HUGHES GOODMAN LLP
Firm EIN56-0747981
OpinionUnqualified opinion

Compliance

Fidelity bondYes
Fidelity bond amount$1,000,000
Late contributionsNo
Schedule H source fields
Financial summary
Total assets at beginning of year: $5,385,286Total assets at end of year: $6,233,832Total liabilities at end of year: $5,800,721Net income or loss: $2,333,126
Schedule H Plan Year Begin Date
2012-01-01
Schedule H Tax Period
2012-12-31
Schedule H Plan number
002
Schedule H EIN
59-3081023
Non Interest Bear Cash Beginning of year Amount
$15,286
Employer Sec Beginning of year Amount
$5,370,000
Total assets at beginning of year
$5,385,286
Bnfts Payable Beginning of year Amount
$228
Acquis Indbt Beginning of year Amount
$7,285,073
Total liabilities at beginning of year
$7,285,301
Net assets at beginning of year
$-1,900,015
Non Interest Bear Cash End of year Amount
$3,832
Employer Sec End of year Amount
$6,230,000
Total assets at end of year
$6,233,832
Bnfts Payable End of year Amount
$0
Acquis Indbt End of year Amount
$5,800,721
Total liabilities at end of year
$5,800,721
Net assets at end of year
$433,111
Employer contributions
$1,903,252
Total contributions
$1,903,252
Total interest income
$0
Total dividend income
$0
Net gain or loss on sale of assets
$0
Unrealized Apprctn Oth Amount
$860,000
Net unrealized appreciation or depreciation
$860,000
Total income
$2,763,252
Participant distributions
$429
Total benefit distributions
$429
Total Interest Expense Amount
$364,401
Professional Fees Amount
$23,776
Contract Admin Fees Amount
$39,536
Other Admin Fees Amount
$1,984
Total administrative expenses
$65,296
Total expenses
$430,126
Net income or loss
$2,333,126
Accountant opinion type
Unqualified opinion
Account Performed Limited Audit Indicator
No
Accountant firm name
DIXON HUGHES GOODMAN LLP
Accountant firm EIN
56-0747981
Failed to transmit participant contributions on time
No
Participant loans in default
No
Leases in default
No
Nonexempt transactions with parties in interest
No
Fidelity bond in place
Yes
Fidelity bond amount
$1,000,000
Loss discovered during year
No
Assets with undetermined value
No
Non-cash contributions reported
No
Assets held for investment
Yes
Reportable 5% transactions
No
All plan assets distributed
No
Failed to provide benefits when due
No
Blackout period occurred
No
Resolution to terminate plan adopted
No

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN58-1428634

Transfers

Asset/liability transferNo
Liabilities in multiple plansNo
Distributed property value$0
Schedule R source fields
Payor 58-1428634
Schedule R Plan Year Begin Date
2012-01-01
Schedule R Tax Period
2012-12-31
Schedule R Plan number
002
Schedule R EIN
59-3081023
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
58-1428634
Pension Sec Repay Loan Indicator
No
Esop Pref Indicator
No
Esop Back To Back Indicator
No
Esop Stock Not Tradable Indicator
Yes
Asset or liability transfer
No
Liability shared by multiple plans
No

Filing received by DOL Oct 04, 2013