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AKF SAVINGS AND INVESTMENT PLAN 401k Plan overview

Plan NameAKF SAVINGS AND INVESTMENT PLAN
Plan identification number 001

AKF SAVINGS AND INVESTMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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

AKF GROUP LLC has sponsored the creation of one or more 401k plans.

Company Name:AKF GROUP LLC
Employer identification number (EIN):133496488
NAIC Classification:541330
NAIC Description:Engineering Services

Additional information about AKF GROUP LLC

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2006-12-22
Company Identification Number: 3453101
Legal Registered Office Address: 80 STATE STREET
New York
ALBANY
United States of America (USA)
12207

More information about AKF GROUP LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AKF SAVINGS AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01BARBARA BETH MOORE
0012010-01-01BARBARA BETH MOORE BARBARA BETH MOORE2011-10-14
0012009-01-01BARBARA BETH MOORE
0012009-01-01BARBARA BETH MOORE

Plan Statistics for AKF SAVINGS AND INVESTMENT PLAN

401k plan membership statisitcs for AKF SAVINGS AND INVESTMENT PLAN

Measure Date Value
2011: AKF SAVINGS AND INVESTMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01452
Total number of active participants reported on line 7a of the Form 55002011-01-01322
Number of retired or separated participants receiving benefits2011-01-013
Number of other retired or separated participants entitled to future benefits2011-01-01129
Total of all active and inactive participants2011-01-01454
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01454
Number of participants with account balances2011-01-01395
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-017
2010: AKF SAVINGS AND INVESTMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01423
Total number of active participants reported on line 7a of the Form 55002010-01-01325
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01127
Total of all active and inactive participants2010-01-01452
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01452
Number of participants with account balances2010-01-01396
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: AKF SAVINGS AND INVESTMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01455
Total number of active participants reported on line 7a of the Form 55002009-01-01292
Number of retired or separated participants receiving benefits2009-01-013
Number of other retired or separated participants entitled to future benefits2009-01-01128
Total of all active and inactive participants2009-01-01423
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01423
Number of participants with account balances2009-01-01389
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on AKF SAVINGS AND INVESTMENT PLAN

Measure Date Value
2011 : AKF SAVINGS AND INVESTMENT 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$1,800
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$1,241,086
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,848,406
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,767,049
Expenses. Certain deemed distributions of participant loans2011-12-31$24,744
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,682,297
Value of total assets at end of year2011-12-31$25,329,782
Value of total assets at beginning of year2011-12-31$25,935,302
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$56,613
Total interest from all sources2011-12-31$17,579
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$2,264,641
Participant contributions at end of year2011-12-31$576,382
Participant contributions at beginning of year2011-12-31$582,498
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$417,656
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$880
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$1,800
Other income not declared elsewhere2011-12-31$137,068
Administrative expenses (other) incurred2011-12-31$51,271
Total non interest bearing cash at end of year2011-12-31$33,747
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-607,320
Value of net assets at end of year (total assets less liabilities)2011-12-31$25,327,982
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$25,935,302
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
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 registered invesment companies (eg mutual funds) at end of year2011-12-31$20,933,437
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$22,175,803
Interest on participant loans2011-12-31$19,603
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$1,192,507
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,172,504
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,172,504
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$-2,024
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$2,592,829
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$2,004,497
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,595,858
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,767,049
Contract administrator fees2011-12-31$5,342
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31FRIEDMAN, LLP
Accountancy firm EIN2011-12-31131610809
2010 : AKF SAVINGS AND INVESTMENT 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$5,500
Total income from all sources (including contributions)2010-12-31$4,901,869
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,682,723
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,530,011
Expenses. Certain deemed distributions of participant loans2010-12-31$99,120
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,251,303
Value of total assets at end of year2010-12-31$25,935,302
Value of total assets at beginning of year2010-12-31$22,721,656
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$53,592
Total interest from all sources2010-12-31$35,350
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$2,151,126
Participant contributions at end of year2010-12-31$582,498
Participant contributions at beginning of year2010-12-31$598,947
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$100,177
Other income not declared elsewhere2010-12-31$140,509
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$3,219,146
Value of net assets at end of year (total assets less liabilities)2010-12-31$25,935,302
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$22,716,156
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
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
Investment advisory and management fees2010-12-31$48,633
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$22,175,803
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$19,053,807
Interest on participant loans2010-12-31$21,210
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,172,504
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,289,675
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,289,675
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$14,140
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$2,004,497
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$1,779,227
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,474,707
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,530,011
Contract administrator fees2010-12-31$4,959
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$5,500
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31FRIEDMAN, LLP
Accountancy firm EIN2010-12-31131610809
2009 : AKF SAVINGS AND INVESTMENT PLAN 2009 401k financial data
Total unrealized appreciation/depreciation of assets2009-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2009-12-31$5,500
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2009-12-31$0
Total income from all sources (including contributions)2009-12-31$7,496,305
Total loss/gain on sale of assets2009-12-31$0
Total of all expenses incurred2009-12-31$1,251,050
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2009-12-31$1,162,407
Expenses. Certain deemed distributions of participant loans2009-12-31$33,558
Value of total corrective distributions2009-12-31$5,500
Total contributions o plan (from employers,participants, others, non cash contrinutions)2009-12-31$2,279,338
Value of total assets at end of year2009-12-31$22,721,656
Value of total assets at beginning of year2009-12-31$16,470,901
Total of administrative expenses incurred including professional, contract, advisory and management fees2009-12-31$49,585
Total interest from all sources2009-12-31$32,326
Total dividends received (eg from common stock, registered investment company shares)2009-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2009-12-31No
Was this plan covered by a fidelity bond2009-12-31Yes
Value of fidelity bond cover2009-12-31$500,000
If this is an individual account plan, was there a blackout period2009-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
Were there any nonexempt tranactions with any party-in-interest2009-12-31No
Contributions received from participants2009-12-31$2,097,322
Participant contributions at end of year2009-12-31$598,947
Participant contributions at beginning of year2009-12-31$580,596
Participant contributions at end of year2009-12-31$0
Participant contributions at beginning of year2009-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2009-12-31$182,016
Value of other receiveables (less allowance for doubtful accounts) at end of year2009-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2009-12-31$0
Other income not declared elsewhere2009-12-31$34,980
Administrative expenses (other) incurred2009-12-31$49,585
Total non interest bearing cash at end of year2009-12-31$0
Total non interest bearing cash at beginning of year2009-12-31$155,930
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2009-12-31No
Value of net income/loss2009-12-31$6,245,255
Value of net assets at end of year (total assets less liabilities)2009-12-31$22,716,156
Value of net assets at beginning of year (total assets less liabilities)2009-12-31$16,470,901
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2009-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2009-12-31No
Were any leases to which the plan was party in default or uncollectible2009-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2009-12-31$19,053,807
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2009-12-31$12,476,506
Interest on participant loans2009-12-31$31,600
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2009-12-31$1,289,675
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2009-12-31$1,602,084
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2009-12-31$1,602,084
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2009-12-31$726
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2009-12-31$1,779,227
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2009-12-31$1,651,700
Asset value of US Government securities at end of year2009-12-31$0
Asset value of US Government securities at beginning of year2009-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2009-12-31$5,149,661
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2009-12-31No
Was there a failure to transmit to the plan any participant contributions2009-12-31Yes
Has the plan failed to provide any benefit when due under the plan2009-12-31No
Contributions received in cash from employer2009-12-31$0
Employer contributions (assets) at end of year2009-12-31$0
Employer contributions (assets) at beginning of year2009-12-31$4,085
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2009-12-31$1,162,407
Liabilities. Value of benefit claims payable at end of year2009-12-31$5,500
Liabilities. Value of benefit claims payable at beginning of year2009-12-31$0
Did the plan have assets held for investment2009-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2009-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2009-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2009-12-31Yes
Opinion of an independent qualified public accountant for this plan2009-12-31Disclaimer
Accountancy firm name2009-12-31FRIEDMAN, LLP
Accountancy firm EIN2009-12-31131610809

Form 5500 Responses for AKF SAVINGS AND INVESTMENT PLAN

2011: AKF SAVINGS AND INVESTMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
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
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: AKF SAVINGS AND INVESTMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
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
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: AKF SAVINGS AND INVESTMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
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
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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