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LAW OFFICE OF SARA KROPF 401(K) PLAN 401k Plan overview

Plan NameLAW OFFICE OF SARA KROPF 401(K) PLAN
Plan identification number 001

LAW OFFICE OF SARA KROPF 401(K) 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
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

LAW OFFICE OF SARA KROPF PLLC has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICE OF SARA KROPF PLLC
Employer identification number (EIN):461839053
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICE OF SARA KROPF 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SARA KROPF2024-10-01 SARA KROPF2024-09-24
0012022-01-01SARA KROPF2023-10-06 SARA KROPF2023-10-06
0012021-01-01SARA KROPF2022-10-10 SARA KROPF2022-10-10
0012021-01-01SARA KROPF2022-10-10 SARA KROPF2022-10-10
0012020-01-01RANDI DUTCH2021-07-08
0012019-01-15RANDI DUTCH2020-02-13

Plan Statistics for LAW OFFICE OF SARA KROPF 401(K) PLAN

401k plan membership statisitcs for LAW OFFICE OF SARA KROPF 401(K) PLAN

Measure Date Value
2025: LAW OFFICE OF SARA KROPF 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-162
Total number of particpants at end of year2025-08-163
Number of Participants With Account Balances2025-08-163
2024: LAW OFFICE OF SARA KROPF 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-012
Total number of particpants at end of year2024-10-012
Number of Participants With Account Balances2024-10-012
2022: LAW OFFICE OF SARA KROPF 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-103
Total number of particpants at end of year2022-10-102
Number of Participants With Account Balances2022-10-102

Financial Data on LAW OFFICE OF SARA KROPF 401(K) PLAN

Measure Date Value
2025 : LAW OFFICE OF SARA KROPF 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-160
Total liabilities as of the end of the plan year2025-08-160
Total liabilities as of the beginning of the plan year2025-08-160
Total expenses incurred by plan in this plan year2025-08-1632
Net assets as of the end of the plan year2025-08-16802057
Total assets as of the beginning of the plan year2025-08-16548642
Value of plan covered by a fidelity bond2025-08-1665000
Participant contributions to plan in this plan year2025-08-1678154
Other expenses paid from plan in this plan year2025-08-160
Other contributions to plan in this plan year2025-08-16111007
Other income to plan in this plan year2025-08-1660940
Plan net income in this plan year2025-08-16253415
Net assets as of the end of the plan year2025-08-16802057
Net assets as of the beginning of the plan year2025-08-16548642
Employer contributions to plan in this plan year2025-08-163346
Fees paid to broker by Benefit Provider2025-08-161487
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-1632
2024 : LAW OFFICE OF SARA KROPF 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-010
Total liabilities as of the end of the plan year2024-10-010
Total liabilities as of the beginning of the plan year2024-10-010
Total expenses incurred by plan in this plan year2024-10-011106
Net assets as of the end of the plan year2024-10-01548642
Total assets as of the beginning of the plan year2024-10-01350295
Value of plan covered by a fidelity bond2024-10-0145000
Participant contributions to plan in this plan year2024-10-0160000
Other expenses paid from plan in this plan year2024-10-010
Other contributions to plan in this plan year2024-10-010
Other income to plan in this plan year2024-10-0152964
Plan net income in this plan year2024-10-01198347
Net assets as of the end of the plan year2024-10-01548642
Net assets as of the beginning of the plan year2024-10-01350295
Employer contributions to plan in this plan year2024-10-0186489
Fees paid to broker by Benefit Provider2024-10-01925
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-010
2022 : LAW OFFICE OF SARA KROPF 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-100
Total liabilities as of the end of the plan year2022-10-100
Total liabilities as of the beginning of the plan year2022-10-100
Total expenses incurred by plan in this plan year2022-10-1041713
Net assets as of the end of the plan year2022-10-10211279
Total assets as of the beginning of the plan year2022-10-10158264
Value of plan covered by a fidelity bond2022-10-1015000
Participant contributions to plan in this plan year2022-10-1019500
Other expenses paid from plan in this plan year2022-10-100
Other contributions to plan in this plan year2022-10-100
Other income to plan in this plan year2022-10-1022796
Plan net income in this plan year2022-10-1053015
Net assets as of the end of the plan year2022-10-10211279
Net assets as of the beginning of the plan year2022-10-10158264
Value of contributions failed to transmitted timely2022-10-1019500
Employer contributions to plan in this plan year2022-10-1052432
Fees paid to broker by Benefit Provider2022-10-10405
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-103210

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