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THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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

THE LAW OFFICE OF ASHLEY MORGAN,PC has sponsored the creation of one or more 401k plans.

Company Name:THE LAW OFFICE OF ASHLEY MORGAN,PC
Employer identification number (EIN):460972740
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01ASHLEY MORGAN2020-10-08
0012018-01-01
0012017-01-01ASHLEY MORGAN2018-10-15
0012016-01-01ASHLEY MORGAN
0012015-01-01ASHLEY MORGAN
0012014-01-01ASHLEY MORGAN
0012013-01-01ASHLEY MORGAN ASHLEY MORGAN2014-09-25

Plan Statistics for THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN

Measure Date Value
2016: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-013
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-013
Number of participants with account balances2016-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012
Total number of active participants reported on line 7a of the Form 55002015-01-012
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 participants2015-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-012
Number of participants with account balances2015-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012
Total number of active participants reported on line 7a of the Form 55002014-01-012
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-012
Number of participants with account balances2014-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012
Total number of active participants reported on line 7a of the Form 55002013-01-012
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-012
Number of participants with account balances2013-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010

Financial Data on THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN

Measure Date Value
2016 : THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$21,444
Expenses. Total of all expenses incurred2016-12-31$2,450
Total plan assets at end of year2016-12-31$88,790
Total plan assets at beginning of year2016-12-31$69,796
Other income received2016-12-31$6,680
Net income (gross income less expenses)2016-12-31$18,994
Net plan assets at end of year (total assets less liabilities)2016-12-31$88,790
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$69,796
Total contributions received or receivable from employer(s)2016-12-31$14,764
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$2,450
2015 : THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$26,361
Expenses. Total of all expenses incurred2015-12-31$2,150
Total plan assets at end of year2015-12-31$69,796
Total plan assets at beginning of year2015-12-31$45,585
Total contributions received or receivable from participants2015-12-31$17,500
Other income received2015-12-31$-1,152
Net income (gross income less expenses)2015-12-31$24,211
Net plan assets at end of year (total assets less liabilities)2015-12-31$69,796
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$45,585
Total contributions received or receivable from employer(s)2015-12-31$10,013
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$2,150
2014 : THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$22,394
Expenses. Total of all expenses incurred2014-12-31$0
Total plan assets at end of year2014-12-31$45,585
Total plan assets at beginning of year2014-12-31$23,191
Total contributions received or receivable from participants2014-12-31$17,500
Other income received2014-12-31$519
Net income (gross income less expenses)2014-12-31$22,394
Net plan assets at end of year (total assets less liabilities)2014-12-31$45,585
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$23,191
Total contributions received or receivable from employer(s)2014-12-31$4,375
2013 : THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$23,191
Total plan assets at end of year2013-12-31$23,191
Total contributions received or receivable from participants2013-12-31$17,500
Other income received2013-12-31$53
Net income (gross income less expenses)2013-12-31$23,191
Net plan assets at end of year (total assets less liabilities)2013-12-31$23,191
Total contributions received or receivable from employer(s)2013-12-31$5,638

Form 5500 Responses for THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN

2016: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING 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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE LAW OFFICE OF ASHLEY MORGAN,PC 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01First time form 5500 has been submittedYes
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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number113503
Policy instance 1
Insurance contract or identification number113503
Number of Individuals Covered2
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $241
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $241
Insurance broker organization code?3
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerOTHER ALLOWNACES
Insurance broker nameDAVID K. YOUNG CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number113503
Policy instance 1
Insurance contract or identification number113503
Number of Individuals Covered2
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $109
Total amount of fees paid to insurance companyUSD $400
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees400
Additional information about fees paid to insurance brokerOTHER ALLOWNACES
Insurance broker organization code?5
Commission paid to Insurance BrokerUSD $109
Insurance broker nameSIGNATOR INSURANCE AGENCY INC.
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number113503
Policy instance 1
Insurance contract or identification number113503
Number of Individuals Covered2
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31

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