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THE ANDERSON GROUP, LLC 401(K) PLAN 401k Plan overview

Plan NameTHE ANDERSON GROUP, LLC 401(K) PLAN
Plan identification number 001

THE ANDERSON GROUP, LLC 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.
  • 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.
  • 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.

401k Sponsoring company profile

THE ANDERSON GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name:THE ANDERSON GROUP, LLC
Employer identification number (EIN):320028574
NAIC Classification:531310

Additional information about THE ANDERSON GROUP, LLC

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2002-07-22
Company Identification Number: 2792115
Legal Registered Office Address: 125 WOLF ROAD
Albany
ALBANY
United States of America (USA)
12205

More information about THE ANDERSON GROUP, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ANDERSON GROUP, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01WILLARD ANDERSON2020-06-23 WILLARD ANDERSON2020-06-23
0012018-01-01WILLARD ANDERSON2019-10-14 WILLARD ANDERSON2019-10-14
0012017-01-01WILLARD ANDERSON2018-06-25 WILLARD ANDERSON2018-06-25
0012016-01-01WILLARD ANDERSON2017-07-13
0012015-01-01WILLARD ANDERSON WILLARD ANDERSON2016-07-12
0012014-01-01WILLARD ANDERSON
0012013-01-01WILLARD A ANDERSON WILLARD A ANDERSON2014-06-27
0012012-01-01WILLARD ANDERSON
0012011-01-01COLLEEN WALDRON WILLARD A. ANDERSON2012-06-19
0012010-01-01WILLARD ANDERSON
0012009-01-01WILLARD ANDERSON

Plan Statistics for THE ANDERSON GROUP, LLC 401(K) PLAN

401k plan membership statisitcs for THE ANDERSON GROUP, LLC 401(K) PLAN

Measure Date Value
2015: THE ANDERSON GROUP, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0147
Total number of active participants reported on line 7a of the Form 55002015-01-0131
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-0135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0135
Number of participants with account balances2015-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE ANDERSON GROUP, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0136
Total number of active participants reported on line 7a of the Form 55002014-01-0143
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0147
Number of participants with account balances2014-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE ANDERSON GROUP, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0133
Total number of active participants reported on line 7a of the Form 55002013-01-0133
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0136
Number of participants with account balances2013-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE ANDERSON GROUP, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0138
Total number of active participants reported on line 7a of the Form 55002012-01-0130
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0133
Number of participants with account balances2012-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE ANDERSON GROUP, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0120
Total number of active participants reported on line 7a of the Form 55002011-01-0131
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-017
Total of all active and inactive participants2011-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0138
Number of participants with account balances2011-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE ANDERSON GROUP, LLC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0121
Total number of active participants reported on line 7a of the Form 55002010-01-0112
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-018
Total of all active and inactive participants2010-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0120
Number of participants with account balances2010-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: THE ANDERSON GROUP, LLC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0132
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-018
Total of all active and inactive participants2009-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0121
Number of participants with account balances2009-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE ANDERSON GROUP, LLC 401(K) PLAN

Measure Date Value
2015 : THE ANDERSON GROUP, LLC 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$37,361
Expenses. Total of all expenses incurred2015-12-31$5,162
Benefits paid (including direct rollovers)2015-12-31$4,912
Total plan assets at end of year2015-12-31$654,791
Total plan assets at beginning of year2015-12-31$622,592
Value of fidelity bond covering the plan2015-12-31$265,000
Total contributions received or receivable from participants2015-12-31$26,900
Other income received2015-12-31$-14,130
Net income (gross income less expenses)2015-12-31$32,199
Net plan assets at end of year (total assets less liabilities)2015-12-31$654,791
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$622,592
Assets. Value of participant loans2015-12-31$40,443
Total contributions received or receivable from employer(s)2015-12-31$24,591
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$250
2014 : THE ANDERSON GROUP, LLC 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$86,430
Expenses. Total of all expenses incurred2014-12-31$18,365
Benefits paid (including direct rollovers)2014-12-31$18,065
Total plan assets at end of year2014-12-31$622,592
Total plan assets at beginning of year2014-12-31$554,527
Value of fidelity bond covering the plan2014-12-31$265,000
Total contributions received or receivable from participants2014-12-31$26,443
Other income received2014-12-31$34,730
Net income (gross income less expenses)2014-12-31$68,065
Net plan assets at end of year (total assets less liabilities)2014-12-31$622,592
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$554,527
Assets. Value of participant loans2014-12-31$26,341
Total contributions received or receivable from employer(s)2014-12-31$25,257
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$300
2013 : THE ANDERSON GROUP, LLC 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$138,033
Expenses. Total of all expenses incurred2013-12-31$35,157
Benefits paid (including direct rollovers)2013-12-31$34,757
Total plan assets at end of year2013-12-31$554,527
Total plan assets at beginning of year2013-12-31$451,651
Value of fidelity bond covering the plan2013-12-31$265,000
Total contributions received or receivable from participants2013-12-31$28,546
Other income received2013-12-31$81,949
Net income (gross income less expenses)2013-12-31$102,876
Net plan assets at end of year (total assets less liabilities)2013-12-31$554,527
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$451,651
Assets. Value of participant loans2013-12-31$39,691
Total contributions received or receivable from employer(s)2013-12-31$27,538
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$400
2012 : THE ANDERSON GROUP, LLC 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$102,210
Expenses. Total of all expenses incurred2012-12-31$139,040
Benefits paid (including direct rollovers)2012-12-31$138,740
Total plan assets at end of year2012-12-31$451,651
Total plan assets at beginning of year2012-12-31$488,481
Value of fidelity bond covering the plan2012-12-31$265,000
Total contributions received or receivable from participants2012-12-31$26,260
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$50,683
Net income (gross income less expenses)2012-12-31$-36,830
Net plan assets at end of year (total assets less liabilities)2012-12-31$451,651
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$488,481
Assets. Value of participant loans2012-12-31$32,478
Total contributions received or receivable from employer(s)2012-12-31$25,267
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$300
2011 : THE ANDERSON GROUP, LLC 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$32,849
Expenses. Total of all expenses incurred2011-12-31$35,472
Benefits paid (including direct rollovers)2011-12-31$35,172
Total plan assets at end of year2011-12-31$488,481
Total plan assets at beginning of year2011-12-31$491,104
Value of fidelity bond covering the plan2011-12-31$265,000
Total contributions received or receivable from participants2011-12-31$27,046
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-19,737
Net income (gross income less expenses)2011-12-31$-2,623
Net plan assets at end of year (total assets less liabilities)2011-12-31$488,481
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$491,104
Assets. Value of participant loans2011-12-31$40,459
Total contributions received or receivable from employer(s)2011-12-31$25,540
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$300
2010 : THE ANDERSON GROUP, LLC 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$106,099
Expenses. Total of all expenses incurred2010-12-31$903
Benefits paid (including direct rollovers)2010-12-31$703
Total plan assets at end of year2010-12-31$491,104
Total plan assets at beginning of year2010-12-31$385,908
Value of fidelity bond covering the plan2010-12-31$265,000
Total contributions received or receivable from participants2010-12-31$28,910
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$54,255
Net income (gross income less expenses)2010-12-31$105,196
Net plan assets at end of year (total assets less liabilities)2010-12-31$491,104
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$385,908
Assets. Value of participant loans2010-12-31$49,174
Total contributions received or receivable from employer(s)2010-12-31$22,934
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$200
2009 : THE ANDERSON GROUP, LLC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE ANDERSON GROUP, LLC 401(K) PLAN

2015: THE ANDERSON GROUP, LLC 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
2014: THE ANDERSON GROUP, LLC 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE ANDERSON GROUP, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE ANDERSON GROUP, LLC 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE ANDERSON GROUP, LLC 401(K) 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
2010: THE ANDERSON GROUP, LLC 401(K) 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 – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE ANDERSON GROUP, LLC 401(K) 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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