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SMITH & KEMPTON 401(K) PLAN 401k Plan overview

Plan NameSMITH & KEMPTON 401(K) PLAN
Plan identification number 002

SMITH & KEMPTON 401(K) 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.
  • 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

SMITH, WATTS & COMPANY, LLC has sponsored the creation of one or more 401k plans.

Company Name:SMITH, WATTS & COMPANY, LLC
Employer identification number (EIN):264514304
NAIC Classification:812990
NAIC Description:All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SMITH & KEMPTON 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022019-01-01MARK WATTS2020-10-14
0022018-01-01MARK WATTS2019-10-14
0022017-01-01MARK WATTS2018-05-15
0022016-01-01MARK WATTS2017-09-06
0022015-01-01MARK WATTS

Plan Statistics for SMITH & KEMPTON 401(K) PLAN

401k plan membership statisitcs for SMITH & KEMPTON 401(K) PLAN

Measure Date Value
2015: SMITH & KEMPTON 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-013
Total number of active participants reported on line 7a of the Form 55002015-01-016
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-016
Number of participants with account balances2015-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on SMITH & KEMPTON 401(K) PLAN

Measure Date Value
2015 : SMITH & KEMPTON 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$73,441
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$1,619,442
Total plan assets at beginning of year2015-12-31$1,546,001
Total contributions received or receivable from participants2015-12-31$65,000
Assets. Value of loans (other than to participants)2015-12-31$65,936
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-3,592
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$73,441
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,619,442
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,546,001
Total contributions received or receivable from employer(s)2015-12-31$12,033
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0

Form 5500 Responses for SMITH & KEMPTON 401(K) PLAN

2015: SMITH & KEMPTON 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

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