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ROBERT P. POTTS AND ASSOC. INC. 401k Plan overview

Plan NameROBERT P. POTTS AND ASSOC. INC.
Plan identification number 001

ROBERT P. POTTS AND ASSOC. INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.

401k Sponsoring company profile

ROBERT P. POTTS AND ASSOC. INC, has sponsored the creation of one or more 401k plans.

Company Name:ROBERT P. POTTS AND ASSOC. INC,
Employer identification number (EIN):751338915
NAIC Classification:454390
NAIC Description:Other Direct Selling Establishments

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ROBERT P. POTTS AND ASSOC. INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-01-01TOMMIE POTTS
0012009-01-01ROBERT P. POTTS

Plan Statistics for ROBERT P. POTTS AND ASSOC. INC.

401k plan membership statisitcs for ROBERT P. POTTS AND ASSOC. INC.

Measure Date Value
2010: ROBERT P. POTTS AND ASSOC. INC. 2010 401k membership
Total participants, beginning-of-year2010-01-0163
Total number of active participants reported on line 7a of the Form 55002010-01-0163
Total of all active and inactive participants2010-01-0163
Total participants2010-01-0163
Number of participants with account balances2010-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: ROBERT P. POTTS AND ASSOC. INC. 2009 401k membership
Total participants, beginning-of-year2009-01-0177
Total of all active and inactive participants2009-01-010
Total participants2009-01-010

Financial Data on ROBERT P. POTTS AND ASSOC. INC.

Measure Date Value
2010 : ROBERT P. POTTS AND ASSOC. INC. 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$176,064
Expenses. Total of all expenses incurred2010-12-31$157,061
Benefits paid (including direct rollovers)2010-12-31$155,713
Total plan assets at end of year2010-12-31$1,116,829
Total plan assets at beginning of year2010-12-31$1,097,826
Total contributions received or receivable from participants2010-12-31$57,272
Expenses. Other expenses not covered elsewhere2010-12-31$1,348
Other income received2010-12-31$118,792
Net income (gross income less expenses)2010-12-31$19,003
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,116,829
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,097,826

Form 5500 Responses for ROBERT P. POTTS AND ASSOC. INC.

2010: ROBERT P. POTTS AND ASSOC. INC. 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: ROBERT P. POTTS AND ASSOC. INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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