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STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 401k Plan overview

Plan NameSTERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN
Plan identification number 001

STERLING ASSET MANAGEMENT, INC. FLEXIBLE 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
  • 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.
  • 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

STERLING ASSET MANAGEMENT has sponsored the creation of one or more 401k plans.

Company Name:STERLING ASSET MANAGEMENT
Employer identification number (EIN):743073168
NAIC Classification:523120
NAIC Description:Securities Brokerage

Additional information about STERLING ASSET MANAGEMENT

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 2003-10-16
Company Identification Number: 20031487712
Legal Registered Office Address: 701 N GREEN VALLEY PKWY #200

HENDERSON
United States of America (USA)
89074

More information about STERLING ASSET MANAGEMENT

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01GEORGE C MERHOFF JR.2016-07-27 GEORGE C MERHOFF JR.2016-07-27
0012014-01-01GEORGE C MERHOFF JR.2015-07-08 GEORGE C MERHOFF JR.2015-07-08
0012013-01-01GEORGE C MERHOFF JR.2014-06-20 GEORGE C MERHOFF JR.2014-06-20
0012012-01-01GEORGE C MERHOFF JR.2013-07-11 GEORGE C MERHOFF JR.2013-07-11
0012011-01-01GEORGE C. MERHOFF JR.2014-03-28 GEORGE C. MERHOFF JR.2014-03-28
0012010-01-01GEORGE C MERHOFF JR. GEORGE C MERHOFF JR.2011-07-31
0012009-01-01GEORGE C MERHOFF JR. GEORGE C MERHOFF JR.2010-06-30
0012009-01-01GEORGE C MERHOFF JR. GEORGE C MERHOFF JR.2010-06-30

Plan Statistics for STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN

401k plan membership statisitcs for STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN

Measure Date Value
2010: STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-013
Total number of active participants reported on line 7a of the Form 55002010-01-013
Total of all active and inactive participants2010-01-013
Total participants2010-01-013
Number of participants with account balances2010-01-013
2009: STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-013
Total of all active and inactive participants2009-01-013
Total participants2009-01-013
Number of participants with account balances2009-01-013

Financial Data on STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN

Measure Date Value
2011 : STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$15,337
Expenses. Total of all expenses incurred2011-12-31$1,208
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$288,643
Total plan assets at beginning of year2011-12-31$274,514
Value of fidelity bond covering the plan2011-12-31$1,000
Total contributions received or receivable from participants2011-12-31$12,343
Other income received2011-12-31$-7,249
Net income (gross income less expenses)2011-12-31$14,129
Net plan assets at end of year (total assets less liabilities)2011-12-31$288,643
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$274,514
Assets. Value of participant loans2011-12-31$129,011
Total contributions received or receivable from employer(s)2011-12-31$10,243
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$1,208
2010 : STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$89,764
Expenses. Total of all expenses incurred2010-12-31$36,462
Benefits paid (including direct rollovers)2010-12-31$36,000
Total plan assets at end of year2010-12-31$220,714
Total plan assets at beginning of year2010-12-31$167,412
Value of fidelity bond covering the plan2010-12-31$9,700
Total contributions received or receivable from participants2010-12-31$200
Other income received2010-12-31$10,856
Net income (gross income less expenses)2010-12-31$53,302
Net plan assets at end of year (total assets less liabilities)2010-12-31$220,714
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$167,412
Assets. Value of participant loans2010-12-31$33,327
Total contributions received or receivable from employer(s)2010-12-31$78,708
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$462

Form 5500 Responses for STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN

2010: STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: STERLING ASSET MANAGEMENT, INC. FLEXIBLE 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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