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DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN 401k Plan overview

Plan NameDAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN
Plan identification number 001

DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DAVID R. WATSON, III, SOLE PROPRIETOR has sponsored the creation of one or more 401k plans.

Company Name:DAVID R. WATSON, III, SOLE PROPRIETOR
Employer identification number (EIN):272495349
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01DAVID WATSON2016-07-14
0012014-01-01DAVID WATSON2015-07-09
0012013-01-01DAVID WATSON2014-10-01
0012012-01-01DAVID WATSON2013-07-16 DAVID WATSON2013-07-16
0012011-01-01ANGELA BORTOWSKI DAVID WATSON2012-07-04
0012009-01-01DAVID WATSON DAVID WATSON2010-09-29

Plan Statistics for DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN

401k plan membership statisitcs for DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN

Measure Date Value
2011: DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-011
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-011
Number of participants with account balances2011-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011
Total number of active participants reported on line 7a of the Form 55002009-01-011
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-011
Number of participants with account balances2009-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN

Measure Date Value
2011 : DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$5,073
Expenses. Total of all expenses incurred2011-12-31$0
Total plan assets at end of year2011-12-31$84,764
Total plan assets at beginning of year2011-12-31$79,691
Total contributions received or receivable from participants2011-12-31$6,469
Other income received2011-12-31$-5,342
Net income (gross income less expenses)2011-12-31$5,073
Net plan assets at end of year (total assets less liabilities)2011-12-31$84,764
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$79,691
Assets. Value of assets in partnership/joint-venture interests2011-12-31$0
Total contributions received or receivable from employer(s)2011-12-31$3,946
2010 : DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$21,524
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$79,691
Total plan assets at beginning of year2010-12-31$58,167
Total contributions received or receivable from participants2010-12-31$9,223
Other income received2010-12-31$8,355
Net income (gross income less expenses)2010-12-31$21,524
Net plan assets at end of year (total assets less liabilities)2010-12-31$79,691
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$58,167
Assets. Value of assets in partnership/joint-venture interests2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$3,946

Form 5500 Responses for DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING PLAN

2011: DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING 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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: DAVID R. WATSON, III, SOLE PROPRIETOR PROFIT SHARING 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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