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LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameLAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN
Plan identification number 001

LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING 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
  • 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.
  • 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 LARRY J. COVEN, P.C. has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICE OF LARRY J. COVEN, P.C.
Employer identification number (EIN):364418618
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LARRY COVEN2024-09-27
0012022-01-01LARRY COVEN2023-10-30 LARRY COVEN2023-10-30
0012021-01-01LARRY COVEN2023-10-30 LARRY COVEN2023-10-30
0012019-01-01LARRY COVEN2020-10-06
0012018-01-01LARRY COVEN2019-09-13
0012017-01-01LARRY COVEN2018-07-24
0012016-01-01LARRY COVEN2017-10-11
0012015-01-01LARRY COVEN2016-10-16
0012014-01-01LARRY COVEN2015-07-14
0012013-01-01LARRY COVEN2014-06-17
0012012-01-01LARRY COVEN
0012011-01-01LARRY COVEN2012-09-25
0012010-01-01LARRY COVEN2011-10-12

Financial Data on LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-2175001
Net assets as of the end of the plan year2025-07-214506133
Total assets as of the beginning of the plan year2025-07-213667872
Value of plan covered by a fidelity bond2025-07-21367000
Participant contributions to plan in this plan year2025-07-2184759
Other expenses paid from plan in this plan year2025-07-213020
Other contributions to plan in this plan year2025-07-210
Other income to plan in this plan year2025-07-21782012
Plan net income in this plan year2025-07-21838261
Net assets as of the end of the plan year2025-07-214506133
Net assets as of the beginning of the plan year2025-07-213667872
Employer contributions to plan in this plan year2025-07-2146491
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2151157
2024 : LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-277597
Net assets as of the end of the plan year2024-09-273667872
Total assets as of the beginning of the plan year2024-09-272780330
Value of plan covered by a fidelity bond2024-09-27278033
Participant contributions to plan in this plan year2024-09-2729999
Other expenses paid from plan in this plan year2024-09-270
Other contributions to plan in this plan year2024-09-27148
Other income to plan in this plan year2024-09-27829730
Plan net income in this plan year2024-09-27887542
Net assets as of the end of the plan year2024-09-273667872
Net assets as of the beginning of the plan year2024-09-272780330
Employer contributions to plan in this plan year2024-09-2735262
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-272256
2023 : LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total expenses incurred by plan in this plan year2023-10-300
Net assets as of the end of the plan year2023-10-303117821
Total assets as of the beginning of the plan year2023-10-302469453
Value of plan covered by a fidelity bond2023-10-30246945
Participant contributions to plan in this plan year2023-10-3076500
Other expenses paid from plan in this plan year2023-10-300
Other income to plan in this plan year2023-10-30538027
Plan net income in this plan year2023-10-30648368
Net assets as of the end of the plan year2023-10-303117821
Net assets as of the beginning of the plan year2023-10-302469453
Employer contributions to plan in this plan year2023-10-3033841
Expensese paid to adminstrative service provicers from plan in this plan year2023-10-300
2012 : LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$152,218
Expenses. Total of all expenses incurred2012-12-31$1,736
Total plan assets at end of year2012-12-31$972,540
Total plan assets at beginning of year2012-12-31$822,058
Total contributions received or receivable from participants2012-12-31$36,110
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$45,108
Net income (gross income less expenses)2012-12-31$150,482
Net plan assets at end of year (total assets less liabilities)2012-12-31$972,540
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$822,058
Assets. Value of assets in partnership/joint-venture interests2012-12-31$256,267
Total contributions received or receivable from employer(s)2012-12-31$71,000
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$1,736

Form 5500 Responses for LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING PLAN

2012: LAW OFFICE OF LARRY COVEN 401(K) PROFIT SHARING 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

Potentially related plans

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