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EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameEAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

EAST COAST APPLIANCE, INC. 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

EAST COAST APPLIANCE, INC. has sponsored the creation of one or more 401k plans.

Company Name:EAST COAST APPLIANCE, INC.
Employer identification number (EIN):541578619
NAIC Classification:443111
NAIC Description: Household Appliance Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01ROBERT NICHOLSON
0012008-01-01ROBERT NICHOLSON
0012007-01-01ROBERT NICHOLSON

Plan Statistics for EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2009: EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012
Number of participants with account balances2009-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-013
Total number of active participants reported on line 7a of the Form 55002008-01-010
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-013
Total of all active and inactive participants2008-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-013
Number of participants with account balances2008-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-010
2007: EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2007 401k membership
Total participants, beginning-of-year2007-01-0111
Total number of active participants reported on line 7a of the Form 55002007-01-010
Number of retired or separated participants receiving benefits2007-01-010
Number of other retired or separated participants entitled to future benefits2007-01-013
Total of all active and inactive participants2007-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2007-01-010
Total participants2007-01-013
Number of participants with account balances2007-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2007-01-010

Financial Data on EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2009 : EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING 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
2008 : EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2008 401k financial data
Total plan liabilities at end of year2008-12-31$0
Total plan liabilities at beginning of year2008-12-31$0
Total income from all sources2008-12-31$-5,074
Expenses. Total of all expenses incurred2008-12-31$179
Total plan assets at end of year2008-12-31$20,397
Total plan assets at beginning of year2008-12-31$25,650
Value of fidelity bond covering the plan2008-12-31$10,000
Expenses. Other expenses not covered elsewhere2008-12-31$179
Contributions received from other sources (not participants or employers)2008-12-31$3,662
Other income received2008-12-31$-8,736
Net income (gross income less expenses)2008-12-31$-5,253
Net plan assets at end of year (total assets less liabilities)2008-12-31$20,397
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$25,650
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-12-31$0
2007 : EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2007 401k financial data
Total plan liabilities at end of year2007-12-31$0
Total plan liabilities at beginning of year2007-12-31$2,908
Total income from all sources2007-12-31$5,191
Expenses. Total of all expenses incurred2007-12-31$17,280
Benefits paid (including direct rollovers)2007-12-31$15,409
Total plan assets at end of year2007-12-31$25,650
Total plan assets at beginning of year2007-12-31$40,647
Value of fidelity bond covering the plan2007-12-31$10,000
Expenses. Other expenses not covered elsewhere2007-12-31$1,871
Other income received2007-12-31$5,191
Net income (gross income less expenses)2007-12-31$-12,089
Net plan assets at end of year (total assets less liabilities)2007-12-31$25,650
Net plan assets at beginning of year (total assets less liabilities)2007-12-31$37,739
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2007-12-31$0

Form 5500 Responses for EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN

2009: EAST COAST APPLIANCE, INC. 401(K) 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
2008: EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes
2007: EAST COAST APPLIANCE, INC. 401(K) PROFIT SHARING PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement - TrustYes

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