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LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 401k Plan overview

Plan NameLAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN
Plan identification number 001

LAW OFFICE OF DAVID J. KARBASIAN, PC 401K 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.
  • 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

LAW OFFICE OF DAVID J. KARBASIAN, PC has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICE OF DAVID J. KARBASIAN, PC
Employer identification number (EIN):202691002
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVID KARBASIAN2024-09-19
0012022-01-01DAVID KARBASIAN2023-08-28
0012021-01-01DAVID KARBASIAN2022-10-05
0012021-01-01DAVID KARBASIAN2022-10-05
0012020-01-01DAVID KARBASIAN2021-07-28
0012019-01-01DAVID KARBASIAN2020-08-21
0012018-01-01DAVID KARBASIAN2019-06-27
0012017-01-01DAVID KARBASIAN2018-04-24
0012016-01-01DAVID KARBASIAN2017-06-02
0012015-01-01DAVID KARBASIAN2016-08-31
0012014-01-01DAVID KARBASIAN2015-05-13
0012013-01-01DAVID KARBASIAN2014-06-04
0012012-01-01SHERYL GUSS2013-07-16
0012011-01-01DAVID KARBASIAN2012-03-07
0012010-01-01DAVID KARBASIAN2011-04-13

Plan Statistics for LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN

401k plan membership statisitcs for LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN

Measure Date Value
2025: LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-0612
Total number of particpants at end of year2025-05-0611
Number of Participants With Account Balances2025-05-0611
2024: LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-199
Total number of particpants at end of year2024-09-1912
Number of Participants With Account Balances2024-09-1912
2022: LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-057
Total number of particpants at end of year2022-10-059
Number of Participants With Account Balances2022-10-059

Financial Data on LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN

Measure Date Value
2025 : LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-0684351
Net assets as of the end of the plan year2025-05-062670347
Total assets as of the beginning of the plan year2025-05-062299159
Value of plan covered by a fidelity bond2025-05-06250000
Participant contributions to plan in this plan year2025-05-06127686
Other income to plan in this plan year2025-05-06235789
Plan net income in this plan year2025-05-06371188
Net assets as of the end of the plan year2025-05-062670347
Net assets as of the beginning of the plan year2025-05-062299159
Employer contributions to plan in this plan year2025-05-0692064
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0615305
2024 : LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-190
Net assets as of the end of the plan year2024-09-192299159
Total assets as of the beginning of the plan year2024-09-191850943
Value of plan covered by a fidelity bond2024-09-19250000
Participant contributions to plan in this plan year2024-09-19115444
Other income to plan in this plan year2024-09-19249726
Plan net income in this plan year2024-09-19448216
Net assets as of the end of the plan year2024-09-192299159
Net assets as of the beginning of the plan year2024-09-191850943
Employer contributions to plan in this plan year2024-09-1983046
2022 : LAW OFFICE OF DAVID J. KARBASIAN, PC 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-051224
Net assets as of the end of the plan year2022-10-052269323
Total assets as of the beginning of the plan year2022-10-051891850
Value of plan covered by a fidelity bond2022-10-05300000
Participant contributions to plan in this plan year2022-10-05101315
Value of participant loans at end of plan year2022-10-05258
Other income to plan in this plan year2022-10-05213519
Plan net income in this plan year2022-10-05377473
Net assets as of the end of the plan year2022-10-052269323
Net assets as of the beginning of the plan year2022-10-051891850
Employer contributions to plan in this plan year2022-10-0563863
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-05587

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