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KING & SCHICKLI 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameKING & SCHICKLI 401(K) PROFIT SHARING PLAN
Plan identification number 001

KING & SCHICKLI 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
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

KING & SCHICKLI, PLLC has sponsored the creation of one or more 401k plans.

Company Name:KING & SCHICKLI, PLLC
Employer identification number (EIN):611359014
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KING & SCHICKLI 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01CINDY ALBRECHT2023-10-09 CINDY ALBRECHT2023-10-09
0012021-01-01MICHAEL S. HARGIS2022-06-27 MICHAEL S. HARGIS2022-06-27
0012020-01-01WARREN SCHICKLI2021-07-14 WARREN SCHICKLI2021-07-14
0012019-01-01WARREN D. SCHICKLI2020-07-15 WARREN D. SCHICKLI2020-07-15
0012018-01-01WARREN SCHICKLI2019-07-03 WARREN SCHICKLI2019-07-03
0012017-01-01WARREN SCHICKLI2018-07-24 WARREN SCHICKLI2018-07-24
0012016-01-01WARREN SCHICKLI2017-07-19 WARREN SCHICKLI2017-07-19
0012015-01-01WARREN SCHICKLI WARREN SCHICKLI2016-06-30
0012014-01-01WARREN SCHICKLI WARREN SCHICKLI2015-06-23
0012013-01-01
0012012-01-01WARREN SCHICKLI2013-10-11
0012011-01-01WARREN SCHICKLI2012-10-15
0012010-01-01MICHAEL S. HARGIS2011-10-17

Plan Statistics for KING & SCHICKLI 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for KING & SCHICKLI 401(K) PROFIT SHARING PLAN

Measure Date Value
2015: KING & SCHICKLI 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0114
Total number of active participants reported on line 7a of the Form 55002015-01-0111
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011
Total of all active and inactive participants2015-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0112
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: KING & SCHICKLI 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0114
Total number of active participants reported on line 7a of the Form 55002014-01-0114
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011
Total of all active and inactive participants2014-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0115
Number of participants with account balances2014-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on KING & SCHICKLI 401(K) PROFIT SHARING PLAN

Measure Date Value
2015 : KING & SCHICKLI 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$126,515
Expenses. Total of all expenses incurred2015-12-31$66,756
Benefits paid (including direct rollovers)2015-12-31$66,756
Total plan assets at end of year2015-12-31$1,670,628
Total plan assets at beginning of year2015-12-31$1,610,869
Value of fidelity bond covering the plan2015-12-31$80,000
Total contributions received or receivable from participants2015-12-31$79,468
Other income received2015-12-31$-2,678
Net income (gross income less expenses)2015-12-31$59,759
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,670,628
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,610,869
Assets. Value of participant loans2015-12-31$33,806
Total contributions received or receivable from employer(s)2015-12-31$49,725
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : KING & SCHICKLI 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$200,004
Expenses. Total of all expenses incurred2014-12-31$0
Total plan assets at end of year2014-12-31$1,610,869
Total plan assets at beginning of year2014-12-31$1,410,865
Value of fidelity bond covering the plan2014-12-31$80,000
Total contributions received or receivable from participants2014-12-31$64,280
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$88,367
Net income (gross income less expenses)2014-12-31$200,004
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,610,869
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,410,865
Assets. Value of participant loans2014-12-31$48,035
Total contributions received or receivable from employer(s)2014-12-31$47,357

Form 5500 Responses for KING & SCHICKLI 401(K) PROFIT SHARING PLAN

2015: KING & SCHICKLI 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 – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: KING & SCHICKLI 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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