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THE TAX SPECIALISTS INC PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE TAX SPECIALISTS INC PROFIT SHARING PLAN
Plan identification number 001

THE TAX SPECIALISTS INC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Profit-sharing
  • 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

THE TAX SPECIALISTS INC has sponsored the creation of one or more 401k plans.

Company Name:THE TAX SPECIALISTS INC
Employer identification number (EIN):800430937
NAIC Classification:541219
NAIC Description:Other Accounting Services

Additional information about THE TAX SPECIALISTS INC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 838592

More information about THE TAX SPECIALISTS INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE TAX SPECIALISTS INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVID COOK2024-05-28 DAVID COOK2024-05-28
0012022-01-01DAVID COOK2023-06-02 DAVID COOK2023-06-02
0012021-01-01DAVID COOK2022-06-24 DAVID COOK2022-06-24
0012020-01-01DAVID COOK2021-01-25 DAVID COOK2021-01-25
0012019-01-01DAVID COOK2020-01-17 DAVID COOK2020-01-17
0012018-01-01DAVID COOK2019-01-17 DAVID COOK2019-01-17
0012017-01-01DAVID COOK2018-07-13
0012016-01-01DAVID COOK2017-06-13
0012015-01-01DAVID COOK2016-06-07
0012014-01-01DAVID COOK2015-06-05 DAVID COOK2015-06-05
0012013-01-01DAVID COOK2014-07-22 DAVID COOK2014-07-22
0012012-01-01DAVID COOK2013-06-05 DAVID COOK2013-06-05
0012011-01-01DAVID COOK2012-07-12
0012010-01-01DAVID COOK2011-07-25

Plan Statistics for THE TAX SPECIALISTS INC PROFIT SHARING PLAN

401k plan membership statisitcs for THE TAX SPECIALISTS INC PROFIT SHARING PLAN

Measure Date Value
2025: THE TAX SPECIALISTS INC PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-243
Total number of particpants at end of year2025-10-240
Number of Participants With Account Balances2025-10-240
Total number of particpants at beginning of year2025-07-233
Total number of particpants at end of year2025-07-233
Number of Participants With Account Balances2025-07-233
2024: THE TAX SPECIALISTS INC PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-283
Total number of particpants at end of year2024-05-283
Number of Participants With Account Balances2024-05-283
2022: THE TAX SPECIALISTS INC PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-243
Total number of particpants at end of year2022-06-243
Number of Participants With Account Balances2022-06-243

Financial Data on THE TAX SPECIALISTS INC PROFIT SHARING PLAN

Measure Date Value
2025 : THE TAX SPECIALISTS INC PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-244836479
Total assets as of the beginning of the plan year2025-10-244828236
Value of plan covered by a fidelity bond2025-10-24500000
Participant contributions to plan in this plan year2025-10-240
Other expenses paid from plan in this plan year2025-10-247
Other contributions to plan in this plan year2025-10-240
Plan net income in this plan year2025-10-24-4828236
Net assets as of the end of the plan year2025-10-240
Net assets as of the beginning of the plan year2025-10-244828236
Employer contributions to plan in this plan year2025-10-248243
Total liabilities as of the end of the plan year2025-07-230
Total expenses incurred by plan in this plan year2025-07-23126212
Net assets as of the end of the plan year2025-07-234828236
Total assets as of the beginning of the plan year2025-07-234420220
Value of plan covered by a fidelity bond2025-07-23500000
Other income to plan in this plan year2025-07-23479383
Plan net income in this plan year2025-07-23408017
Net assets as of the end of the plan year2025-07-234828236
Net assets as of the beginning of the plan year2025-07-234420220
Employer contributions to plan in this plan year2025-07-2354846
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-235
2024 : THE TAX SPECIALISTS INC PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-05-280
Total expenses incurred by plan in this plan year2024-05-28126212
Net assets as of the end of the plan year2024-05-284420220
Total assets as of the beginning of the plan year2024-05-283911044
Value of plan covered by a fidelity bond2024-05-28500000
Other income to plan in this plan year2024-05-28580541
Plan net income in this plan year2024-05-28509175
Net assets as of the end of the plan year2024-05-284420220
Net assets as of the beginning of the plan year2024-05-283911044
Employer contributions to plan in this plan year2024-05-2854846
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-285
2022 : THE TAX SPECIALISTS INC PROFIT SHARING PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-06-240
Total expenses incurred by plan in this plan year2022-06-2416
Net assets as of the end of the plan year2022-06-244306497
Total assets as of the beginning of the plan year2022-06-243563027
Value of plan covered by a fidelity bond2022-06-24300000
Other expenses paid from plan in this plan year2022-06-2416
Other income to plan in this plan year2022-06-24670326
Plan net income in this plan year2022-06-24743470
Net assets as of the end of the plan year2022-06-244306497
Net assets as of the beginning of the plan year2022-06-243563027
Employer contributions to plan in this plan year2022-06-2473160

Potentially related plans

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