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LAS VEGAS SPORTS CONSULTANTS 401K PLAN 401k Plan overview

Plan NameLAS VEGAS SPORTS CONSULTANTS 401K PLAN
Plan identification number 001

LAS VEGAS SPORTS CONSULTANTS 401K PLAN 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LAS VEGAS SPORTS CONSULTANTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:LAS VEGAS SPORTS CONSULTANTS, INC.
Employer identification number (EIN):880185927
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAS VEGAS SPORTS CONSULTANTS 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012007-01-01JEFFREY D. PATTERSON

Plan Statistics for LAS VEGAS SPORTS CONSULTANTS 401K PLAN

401k plan membership statisitcs for LAS VEGAS SPORTS CONSULTANTS 401K PLAN

Measure Date Value
2007: LAS VEGAS SPORTS CONSULTANTS 401K PLAN 2007 401k membership
Total participants, beginning-of-year2007-01-0110
Total number of active participants reported on line 7a of the Form 55002007-01-0110
Total of all active and inactive participants2007-01-0110
Total participants2007-01-0110
Number of participants with account balances2007-01-017

Financial Data on LAS VEGAS SPORTS CONSULTANTS 401K PLAN

Measure Date Value
2007 : LAS VEGAS SPORTS CONSULTANTS 401K PLAN 2007 401k financial data
Total income from all sources2007-12-31$39,755
Expenses. Total of all expenses incurred2007-12-31$36
Total plan assets at end of year2007-12-31$164,025
Total plan assets at beginning of year2007-12-31$124,306
Value of fidelity bond covering the plan2007-12-31$25,000
Total contributions received or receivable from participants2007-12-31$39,055
Expenses. Other expenses not covered elsewhere2007-12-31$36
Other income received2007-12-31$700
Net income (gross income less expenses)2007-12-31$39,719
Net plan assets at end of year (total assets less liabilities)2007-12-31$164,025
Net plan assets at beginning of year (total assets less liabilities)2007-12-31$124,306
Assets. Value of participant loans2007-12-31$563
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022007-12-31$6,554
2006 : LAS VEGAS SPORTS CONSULTANTS 401K PLAN 2006 401k financial data
Total income from all sources2006-12-31$51,417
Expenses. Total of all expenses incurred2006-12-31$12,843
Benefits paid (including direct rollovers)2006-12-31$12,843
Total plan assets at end of year2006-12-31$124,306
Total plan assets at beginning of year2006-12-31$85,732
Value of fidelity bond covering the plan2006-12-31$25,000
Total contributions received or receivable from participants2006-12-31$36,806
Other income received2006-12-31$14,611
Net income (gross income less expenses)2006-12-31$38,574
Net plan assets at end of year (total assets less liabilities)2006-12-31$124,306
Net plan assets at beginning of year (total assets less liabilities)2006-12-31$85,732
Assets. Value of participant loans2006-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022006-12-31$2,584

Form 5500 Responses for LAS VEGAS SPORTS CONSULTANTS 401K PLAN

2007: LAS VEGAS SPORTS CONSULTANTS 401K PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Plan funding arrangement – InsuranceYes
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement – InsuranceYes
2007-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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