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MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 401k Plan overview

Plan NameMONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC.
Plan identification number 001

MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. Benefits

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

FRANK M. SMITH & ASSOCIATES, INC. has sponsored the creation of one or more 401k plans.

Company Name:FRANK M. SMITH & ASSOCIATES, INC.
Employer identification number (EIN):860489466
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-07-01LYNNE SMITH
0012011-07-01LYNNE SMITH
0012010-07-01FRANK SMITH
0012009-07-01FRANK SMITH
0012009-07-01FRANK SMITH

Plan Statistics for MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC.

401k plan membership statisitcs for MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC.

Measure Date Value
2012: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2012 401k membership
Total participants, beginning-of-year2012-07-012
Total number of active participants reported on line 7a of the Form 55002012-07-010
Total of all active and inactive participants2012-07-010
Total participants2012-07-010
Number of participants with account balances2012-07-010
2011: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2011 401k membership
Total participants, beginning-of-year2011-07-012
Total number of active participants reported on line 7a of the Form 55002011-07-011
Total of all active and inactive participants2011-07-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-011
Total participants2011-07-012
Number of participants with account balances2011-07-012
2010: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2010 401k membership
Total participants, beginning-of-year2010-07-012
Total number of active participants reported on line 7a of the Form 55002010-07-012
Total of all active and inactive participants2010-07-012
Total participants2010-07-012
Number of participants with account balances2010-07-012
2009: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2009 401k membership
Total participants, beginning-of-year2009-07-012
Total number of active participants reported on line 7a of the Form 55002009-07-012
Total of all active and inactive participants2009-07-012
Total participants2009-07-012
Number of participants with account balances2009-07-012

Financial Data on MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC.

Measure Date Value
2013 : MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2013 401k financial data
Total income from all sources2013-06-30$-450,966
Expenses. Total of all expenses incurred2013-06-30$2,160,898
Benefits paid (including direct rollovers)2013-06-30$2,160,898
Total plan assets at end of year2013-06-30$0
Total plan assets at beginning of year2013-06-30$2,611,864
Value of fidelity bond covering the plan2013-06-30$300,000
Other income received2013-06-30$-450,966
Net income (gross income less expenses)2013-06-30$-2,611,864
Net plan assets at end of year (total assets less liabilities)2013-06-30$0
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$2,611,864
Assets. Value of real-estate (other than employer real property)2013-06-30$0
2012 : MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2012 401k financial data
Total income from all sources2012-06-30$69,653
Expenses. Total of all expenses incurred2012-06-30$16,967
Total plan assets at end of year2012-06-30$2,611,864
Total plan assets at beginning of year2012-06-30$2,559,178
Value of fidelity bond covering the plan2012-06-30$300,000
Assets. Value of loans (other than to participants)2012-06-30$0
Other income received2012-06-30$69,653
Net income (gross income less expenses)2012-06-30$52,686
Net plan assets at end of year (total assets less liabilities)2012-06-30$2,611,864
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$2,559,178
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2012-06-30$16,000
Assets. Value of real-estate (other than employer real property)2012-06-30$1,867,000
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$16,967
Funding deficiency by the employer to the plan for this plan year2012-06-30$0
Minimum employer required contribution for this plan year2012-06-30$0
Amount contributed by the employer to the plan for this plan year2012-06-30$0
2011 : MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2011 401k financial data
Total income from all sources2011-06-30$-70,005
Expenses. Total of all expenses incurred2011-06-30$18,909
Total plan assets at end of year2011-06-30$2,559,178
Total plan assets at beginning of year2011-06-30$2,648,092
Value of fidelity bond covering the plan2011-06-30$1,500,000
Assets. Value of loans (other than to participants)2011-06-30$20,000
Expenses. Other expenses not covered elsewhere2011-06-30$18,909
Other income received2011-06-30$-70,005
Net income (gross income less expenses)2011-06-30$-88,914
Net plan assets at end of year (total assets less liabilities)2011-06-30$2,559,178
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$2,648,092
Assets. Value of real-estate (other than employer real property)2011-06-30$1,779,900
Funding deficiency by the employer to the plan for this plan year2011-06-30$0
Minimum employer required contribution for this plan year2011-06-30$0
Amount contributed by the employer to the plan for this plan year2011-06-30$0
2010 : MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2010 401k financial data
Funding deficiency by the employer to the plan for this plan year2010-06-30$0
Minimum employer required contribution for this plan year2010-06-30$0
Amount contributed by the employer to the plan for this plan year2010-06-30$0

Form 5500 Responses for MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC.

2012: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01This submission is the final filingYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2010: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Submission has been amendedYes
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement - TrustYes
2009: MONEY PURCHASE PLAN OF FRANK M. SMITH & ASSOCIATES, INC. 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedYes
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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