Qpay, Inc. 401(k) Plan (terminated 2012): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2012, when $1.35 million was transferred out of the plan. Assets moved to the INCOMM 401(K) RETIREMENT SAVINGS PLAN (sponsored by INTERACTIVE COMMUNICATIONS INTERNATIONAL, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the INCOMM 401(K) RETIREMENT SAVINGS PLAN →

Qpay, Inc. 401(k) Plan Facts (plan year 2012)

Plan name
QPAY, INC. 401K PROFIT SHARING PLAN & TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
QPAY, INC.
Participants
119
Former employees with a balance
0
Employer contributions
$38,757 in plan year 2012 (17% of all contributions)
Plan year
Jan 1, 2012 – Jun 30, 2012
Plan established
Jul 1, 2006
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2012 (Jan 1, 2012 – Jun 30, 2012), filed Aug 7, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $233,620 went into the plan in contributions, $38,757 of it from the employer (17%).
  • $92,435 was paid out to participants.
  • Investment and other income added $57,455.

How the Qpay, Inc. 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
200954$588,266—$39,615
201076$924,269—$32,533
2011100$1.17 million$39,265$4,224
2012 (final)119$0$38,757$92,435

Qpay, Inc. 401(k) Contact Information

Phone
305-381-7729
Mailing address
11900 BISCAYNE BLVD., STE. 300, NORTH MIAMI FL 33181
Plan sponsor
QPAY, INC.
Employer identification number (EIN)
42-1573784
Plan number
002

Questions about the Qpay, Inc. 401(k)

Is the Qpay, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2012. Its assets were transferred to the INCOMM 401(K) RETIREMENT SAVINGS PLAN.

Does Qpay, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $38,757, 17% of all contributions.

Does the Qpay, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Qpay, Inc 401(k) plan?

119 participants at the start of plan year 2012.

Who manages the Qpay, Inc 401(k) accounts?

ADP Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.

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