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INVESTMENT PROPERTIES CORPORATION OF NAPLES CASH BALANCE PLAN 401k Plan overview

Plan NameINVESTMENT PROPERTIES CORPORATION OF NAPLES CASH BALANCE PLAN
Plan identification number 002

INVESTMENT PROPERTIES CORPORATION OF NAPLES CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

INVESTMENT PROPERTIES CORPORATION OF NAPLES has sponsored the creation of one or more 401k plans.

Company Name:INVESTMENT PROPERTIES CORPORATION OF NAPLES
Employer identification number (EIN):650798632
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Additional information about INVESTMENT PROPERTIES CORPORATION OF NAPLES

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1997-12-15
Company Identification Number: P97000105219
Legal Registered Office Address: CONROY, CONROY & DURANT, PA

NAPLES

34109

More information about INVESTMENT PROPERTIES CORPORATION OF NAPLES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INVESTMENT PROPERTIES CORPORATION OF NAPLES CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01CLINTON SHERWOOD2021-06-18
0022019-01-01CLINTON SHERWOOD2020-07-22
0022018-01-01WILLIAM GONNERING2019-09-27

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