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EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 401k Plan overview

Plan NameEVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL
Plan identification number 001

EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 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.
  • 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

EVANS & DAVIS, PLLC has sponsored the creation of one or more 401k plans.

Company Name:EVANS & DAVIS, PLLC
Employer identification number (EIN):680519145
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KENDALL MAYES2023-06-29
0012021-01-01KENDALL MAYES2022-07-24
0012021-01-01KENDALL MAYES2022-07-20
0012020-01-01KENDALL MAYES2021-10-15
0012019-01-01
0012019-01-01
0012019-01-01KENDALL MAYES2021-10-15
0012018-01-01
0012018-01-01
0012018-01-01KENDALL MAYES2021-10-15

Plan Statistics for EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL

401k plan membership statisitcs for EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL

Measure Date Value
2019: EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 2019 401k membership
Total participants, beginning-of-year2019-01-0117
Total number of active participants reported on line 7a of the Form 55002019-01-0118
Total of all active and inactive participants2019-01-0118
Total participants2019-01-0118
Number of participants with account balances2019-01-0118
2018: EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 2018 401k membership
Total participants, beginning-of-year2018-01-010
Total number of active participants reported on line 7a of the Form 55002018-01-0117
Total of all active and inactive participants2018-01-0117
Total participants2018-01-0117

Financial Data on EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL

Measure Date Value
2019 : EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 2019 401k financial data
Transfers to/from the plan2019-12-31$11,939
Total income from all sources2019-12-31$401,772
Expenses. Total of all expenses incurred2019-12-31$4,517
Benefits paid (including direct rollovers)2019-12-31$1,754
Total plan assets at end of year2019-12-31$847,269
Total plan assets at beginning of year2019-12-31$438,075
Value of fidelity bond covering the plan2019-12-31$50,000
Total contributions received or receivable from participants2019-12-31$146,434
Expenses. Other expenses not covered elsewhere2019-12-31$2,763
Other income received2019-12-31$126,952
Net income (gross income less expenses)2019-12-31$397,255
Net plan assets at end of year (total assets less liabilities)2019-12-31$847,269
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$438,075
Total contributions received or receivable from employer(s)2019-12-31$128,386
2018 : EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 2018 401k financial data
Transfers to/from the plan2018-12-31$228,998
Total income from all sources2018-12-31$209,077
Total plan assets at end of year2018-12-31$438,075
Total contributions received or receivable from participants2018-12-31$112,063
Other income received2018-12-31$-35,526
Net income (gross income less expenses)2018-12-31$209,077
Net plan assets at end of year (total assets less liabilities)2018-12-31$438,075
Total contributions received or receivable from employer(s)2018-12-31$132,540

Form 5500 Responses for EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL

2019: EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: EVANS AND DAVIS PLLC PENSION AND PROFIT SHARING PL 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01First time form 5500 has been submittedYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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