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THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN
Plan identification number 003

THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

THE NEW YORK YACHT CLUB has sponsored the creation of one or more 401k plans.

Company Name:THE NEW YORK YACHT CLUB
Employer identification number (EIN):131102800
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01MICHAEL CRONIN2023-06-28 MICHAEL CRONIN2023-06-28
0032021-01-01MICHAEL CRONIN2022-07-14 MICHAEL CRONIN2022-07-14
0032020-01-01MICHAEL CRONIN2021-06-15 MICHAEL CRONIN2021-06-15
0032019-01-01MICHAEL CRONIN2020-09-21 MICHAEL CRONIN2020-09-21
0032018-01-01MICHAEL CRONIN2019-09-05 MICHAEL CRONIN2019-09-05
0032017-01-01MICHAEL CRONIN2018-10-03 MICHAEL CRONIN2018-10-03
0032016-01-01MICHAEL CRONIN2017-07-21
0032015-01-01MICHAEL CRONIN2016-10-14
0032014-01-01MICHAEL CRONIN2015-10-15
0032013-01-01MICHAEL CRONIN2014-10-14
0032012-01-01MICHAEL CRONIN2013-07-30
0032011-01-012012-10-10
0032010-01-012011-10-13
0032009-01-012010-10-14
0032009-01-01MICHAEL CRONIN

Plan Statistics for THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN

Measure Date Value
2009: THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0178
Total number of active participants reported on line 7a of the Form 55002009-01-0163
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0125
Total of all active and inactive participants2009-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0188
Number of participants with account balances2009-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN

Measure Date Value
2011 : THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$-128,139
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$0
Value of total assets at end of year2011-12-31$2,061,272
Value of total assets at beginning of year2011-12-31$2,189,411
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$0
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of net income/loss2011-12-31$-128,139
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,061,272
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$2,189,411
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in master investment trust accounts at end of year2011-12-31$2,061,272
Value of interest in master investment trust accounts at beginning of year2011-12-31$2,189,411
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Did the plan have assets held for investment2011-12-31Yes
2010 : THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$393,967
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$220
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$0
Value of total assets at end of year2010-12-31$2,189,411
Value of total assets at beginning of year2010-12-31$1,795,664
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$220
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Assets. Real estate other than employer real property at beginning of year2010-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Participant contributions at beginning of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Assets. Loans (other than to participants) at beginning of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$220
Total non interest bearing cash at beginning of year2010-12-31$0
Value of net income/loss2010-12-31$393,747
Value of net assets at end of year (total assets less liabilities)2010-12-31$2,189,411
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,795,664
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Assets. partnership/joint venture interests at beginning of year2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$0
Value of interest in master investment trust accounts at end of year2010-12-31$2,189,411
Value of interest in master investment trust accounts at beginning of year2010-12-31$1,795,664
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$0
Asset value of US Government securities at beginning of year2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Assets. Invements in employer securities at beginning of year2010-12-31$0
Assets. Value of employer real property at beginning of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$0

Form 5500 Responses for THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN

2011: THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entityDFE (Diect Filing Entity)
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingYes
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2010: THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entityDFE (Diect Filing Entity)
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2009: THE NEW YORK YACHT CLUB 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entityDFE (Diect Filing Entity)
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

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