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SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 401k Plan overview

Plan NameSBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC.
Plan identification number 001

SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

NORTHEAST RETIREMENT SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:NORTHEAST RETIREMENT SERVICES, INC.
Employer identification number (EIN):042686260
NAIC Classification:525100
NAIC Description: Insurance and Employee Benefit Funds

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01THOMAS FORESE, JR.
0012015-01-01
0012014-01-01THOMAS FORESE, JR.
0012013-01-01THOMAS FORESE JR
0012012-01-01THOMAS FORESE JR.
0012011-01-01THOMAS FORESE JR.
0012010-01-01THOMAS FORESE JR.
0012009-01-01THOMAS FORESE JR

Plan Statistics for SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC.

401k plan membership statisitcs for SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC.

Measure Date Value
2015: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-0181
Total number of active participants reported on line 7a of the Form 55002015-01-0180
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-017
Total of all active and inactive participants2015-01-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0187
Number of participants with account balances2015-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2014 401k membership
Total participants, beginning-of-year2014-01-0173
Total number of active participants reported on line 7a of the Form 55002014-01-0173
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-018
Total of all active and inactive participants2014-01-0181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0181
Number of participants with account balances2014-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-0157
Total number of active participants reported on line 7a of the Form 55002013-01-0165
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-018
Total of all active and inactive participants2013-01-0173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0173
Number of participants with account balances2013-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-0165
Total number of active participants reported on line 7a of the Form 55002012-01-0150
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0157
Number of participants with account balances2012-01-0154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-0159
Total number of active participants reported on line 7a of the Form 55002011-01-0162
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-0165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0165
Number of participants with account balances2011-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2010 401k membership
Total participants, beginning-of-year2010-01-0157
Total number of active participants reported on line 7a of the Form 55002010-01-0156
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-013
Total of all active and inactive participants2010-01-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0159
Number of participants with account balances2010-01-0149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-0153
Total number of active participants reported on line 7a of the Form 55002009-01-0153
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0157
Number of participants with account balances2009-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC.

Measure Date Value
2015 : SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2015 401k financial data
Total income from all sources2015-12-31$690,910
Expenses. Total of all expenses incurred2015-12-31$941,855
Benefits paid (including direct rollovers)2015-12-31$941,855
Total plan assets at end of year2015-12-31$8,941,094
Total plan assets at beginning of year2015-12-31$9,192,039
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$478,442
Contributions received from other sources (not participants or employers)2015-12-31$10,004
Other income received2015-12-31$-111,561
Net income (gross income less expenses)2015-12-31$-250,945
Net plan assets at end of year (total assets less liabilities)2015-12-31$8,941,094
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$9,192,039
Assets. Value of participant loans2015-12-31$412,171
Total contributions received or receivable from employer(s)2015-12-31$314,025
2014 : SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2014 401k financial data
Total income from all sources2014-12-31$1,125,632
Expenses. Total of all expenses incurred2014-12-31$372,847
Benefits paid (including direct rollovers)2014-12-31$372,847
Total plan assets at end of year2014-12-31$9,192,039
Total plan assets at beginning of year2014-12-31$8,439,254
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$447,469
Contributions received from other sources (not participants or employers)2014-12-31$130,465
Other income received2014-12-31$261,319
Net income (gross income less expenses)2014-12-31$752,785
Net plan assets at end of year (total assets less liabilities)2014-12-31$9,192,039
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$8,439,254
Assets. Value of participant loans2014-12-31$420,013
Total contributions received or receivable from employer(s)2014-12-31$286,379
2013 : SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2013 401k financial data
Total income from all sources2013-12-31$2,453,014
Expenses. Total of all expenses incurred2013-12-31$227,620
Benefits paid (including direct rollovers)2013-12-31$227,620
Total plan assets at end of year2013-12-31$8,439,254
Total plan assets at beginning of year2013-12-31$6,213,860
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$389,962
Contributions received from other sources (not participants or employers)2013-12-31$275,262
Other income received2013-12-31$1,544,439
Net income (gross income less expenses)2013-12-31$2,225,394
Net plan assets at end of year (total assets less liabilities)2013-12-31$8,439,254
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$6,213,860
Assets. Value of participant loans2013-12-31$379,277
Total contributions received or receivable from employer(s)2013-12-31$243,351
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2012 401k financial data
Total income from all sources2012-12-31$1,364,743
Expenses. Total of all expenses incurred2012-12-31$419,645
Benefits paid (including direct rollovers)2012-12-31$409,311
Total plan assets at end of year2012-12-31$6,213,860
Total plan assets at beginning of year2012-12-31$5,268,762
Value of fidelity bond covering the plan2012-12-31$501,355
Total contributions received or receivable from participants2012-12-31$343,961
Contributions received from other sources (not participants or employers)2012-12-31$112,610
Other income received2012-12-31$686,597
Net income (gross income less expenses)2012-12-31$945,098
Net plan assets at end of year (total assets less liabilities)2012-12-31$6,213,860
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$5,268,762
Assets. Value of participant loans2012-12-31$293,419
Total contributions received or receivable from employer(s)2012-12-31$221,575
Value of certain deemed distributions of participant loans2012-12-31$10,334
2011 : SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2011 401k financial data
Total income from all sources2011-12-31$452,450
Expenses. Total of all expenses incurred2011-12-31$197,242
Benefits paid (including direct rollovers)2011-12-31$196,990
Total plan assets at end of year2011-12-31$5,268,762
Total plan assets at beginning of year2011-12-31$5,013,554
Value of fidelity bond covering the plan2011-12-31$501,355
Total contributions received or receivable from participants2011-12-31$303,455
Contributions received from other sources (not participants or employers)2011-12-31$14,333
Other income received2011-12-31$-9,079
Net income (gross income less expenses)2011-12-31$255,208
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,268,762
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,013,554
Assets. Value of participant loans2011-12-31$190,491
Total contributions received or receivable from employer(s)2011-12-31$143,741
Value of certain deemed distributions of participant loans2011-12-31$252
Value of corrective distributions2011-12-31$0
2010 : SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2010 401k financial data
Total income from all sources2010-12-31$1,217,693
Expenses. Total of all expenses incurred2010-12-31$107,791
Benefits paid (including direct rollovers)2010-12-31$107,791
Total plan assets at end of year2010-12-31$5,013,554
Total plan assets at beginning of year2010-12-31$3,903,652
Value of fidelity bond covering the plan2010-12-31$390,365
Total contributions received or receivable from participants2010-12-31$295,353
Contributions received from other sources (not participants or employers)2010-12-31$207,557
Other income received2010-12-31$585,179
Net income (gross income less expenses)2010-12-31$1,109,902
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,013,554
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,903,652
Assets. Value of participant loans2010-12-31$212,592
Total contributions received or receivable from employer(s)2010-12-31$129,604
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0

Form 5500 Responses for SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC.

2015: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SBERA 401(K) PLAN AS ADOPTED BY NORTHEAST RETIREMENT SERVICES, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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