?>
Logo

A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameA & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN
Plan identification number 002

A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Plan covering Self-Employed individuals.
  • 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

A & K BROKERAGE SERVICES has sponsored the creation of one or more 401k plans.

Company Name:A & K BROKERAGE SERVICES
Employer identification number (EIN):830407451
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022019-01-01ALAN GUTERMAN2020-08-26 ALAN GUTERMAN2020-08-26
0022018-01-01ALAN GUTERMAN2019-07-25 ALAN GUTERMAN2019-07-25
0022017-01-01
0022016-01-01
0022015-01-01SADIE POURFATHI2016-10-18
0022014-01-01SADIE POURFATHI2015-10-14
0022013-01-01
0022012-01-01ALAN GUTERMAN2013-08-24
0022011-01-01ALAN GUTERMAN2012-06-30
0022010-01-01ALAN GUTERMAN2011-08-27

Plan Statistics for A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN

Measure Date Value
2019: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-311,735,133
Acturial value of plan assets2019-12-311,735,133
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-311
Fundng target for terminated vested participants2019-12-3159,751
Active participant vested funding target2019-12-311,310,608
Number of active participants2019-12-311
Total funding liabilities for active participants2019-12-311,310,608
Total participant count2019-12-312
Total funding target for all participants2019-12-311,370,359
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3112,758
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3112,758
Present value of excess contributions2019-12-31102,670
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31108,368
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3112,516
Total employer contributions2019-12-3160,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-3155,806
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-3155,806
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-012
Total number of active participants reported on line 7a of the Form 55002019-01-011
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-311,639,802
Acturial value of plan assets2018-12-311,639,802
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-3156,540
Active participant vested funding target2018-12-311,267,138
Number of active participants2018-12-312
Total funding liabilities for active participants2018-12-311,267,138
Total participant count2018-12-313
Total funding target for all participants2018-12-311,323,678
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3111,262
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3111,262
Present value of excess contributions2018-12-31102,273
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31107,704
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3112,758
Total employer contributions2018-12-31110,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31102,670
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31102,670
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-011
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-011
Total of all active and inactive participants2018-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-311,353,304
Acturial value of plan assets2017-12-311,353,304
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-3154,167
Active participant vested funding target2017-12-311,223,208
Number of active participants2017-12-311
Total funding liabilities for active participants2017-12-311,223,208
Total participant count2017-12-312
Total funding target for all participants2017-12-311,277,375
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3110,793
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-3110,793
Present value of excess contributions2017-12-3139,320
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3141,404
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-3111,262
Total employer contributions2017-12-31109,800
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31102,273
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31102,273
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-011
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-311,257,114
Acturial value of plan assets2016-12-311,257,114
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-3151,612
Active participant vested funding target2016-12-311,199,221
Number of active participants2016-12-311
Total funding liabilities for active participants2016-12-311,199,221
Total participant count2016-12-312
Total funding target for all participants2016-12-311,250,833
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3110,910
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3110,910
Present value of excess contributions2016-12-3135,408
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3137,278
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-3110,793
Total employer contributions2016-12-3142,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3139,320
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-3139,320
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-011
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN

Measure Date Value
2019 : A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$313,938
Expenses. Total of all expenses incurred2019-12-31$25,242
Benefits paid (including direct rollovers)2019-12-31$0
Total plan assets at end of year2019-12-31$2,025,461
Total plan assets at beginning of year2019-12-31$1,736,765
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$133
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$253,938
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$288,696
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,025,461
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,736,765
Assets. Value of assets in partnership/joint-venture interests2019-12-31$70,988
Total contributions received or receivable from employer(s)2019-12-31$60,000
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$25,109
2018 : A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2018 401k financial data
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$118,589
Expenses. Total of all expenses incurred2018-12-31$23,722
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$1,736,765
Total plan assets at beginning of year2018-12-31$1,641,898
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$2
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$8,589
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$94,867
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,736,765
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,641,898
Assets. Value of assets in partnership/joint-venture interests2018-12-31$70,988
Total contributions received or receivable from employer(s)2018-12-31$110,000
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$23,720
2017 : A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$307,661
Expenses. Total of all expenses incurred2017-12-31$19,663
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$1,641,898
Total plan assets at beginning of year2017-12-31$1,353,900
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$579
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$197,861
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$287,998
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,641,898
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,353,900
Assets. Value of assets in partnership/joint-venture interests2017-12-31$86,667
Total contributions received or receivable from employer(s)2017-12-31$109,800
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$19,084
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$113,695
Expenses. Total of all expenses incurred2016-12-31$17,428
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$1,353,900
Total plan assets at beginning of year2016-12-31$1,257,633
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$225
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$71,695
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$96,267
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,353,900
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,257,633
Assets. Value of assets in partnership/joint-venture interests2016-12-31$93,888
Total contributions received or receivable from employer(s)2016-12-31$42,000
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$17,203

Form 5500 Responses for A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN

2019: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: A & K BROKERAGE SERVICES DEFINED BENEFIT PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3