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MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 401k Plan overview

Plan NameMARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II
Plan identification number 003

MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

MARKS PANETH LLP has sponsored the creation of one or more 401k plans.

Company Name:MARKS PANETH LLP
Employer identification number (EIN):113518842
NAIC Classification:541211
NAIC Description:Offices of Certified Public Accountants

Additional information about MARKS PANETH LLP

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1995-02-10
Company Identification Number: 1893675
Legal Registered Office Address: 685 THIRD AVENUE

NEW YORK
United States of America (USA)
10017

More information about MARKS PANETH LLP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032012-01-01HARRY MOEHRINGER
0032011-01-01HARRY MOEHRINGER
0032010-01-01ERIC MARKS
0032009-01-01HARRY MOEHRINGER

Plan Statistics for MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II

401k plan membership statisitcs for MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II

Measure Date Value
2012: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2012 401k membership
Total participants, beginning-of-year2012-01-01203
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2011 401k membership
Total participants, beginning-of-year2011-01-01216
Total number of active participants reported on line 7a of the Form 55002011-01-01177
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0125
Total of all active and inactive participants2011-01-01202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01203
Number of participants with account balances2011-01-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2010 401k membership
Total participants, beginning-of-year2010-01-01291
Total number of active participants reported on line 7a of the Form 55002010-01-01190
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0125
Total of all active and inactive participants2010-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-01216
Number of participants with account balances2010-01-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-014
2009: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2009 401k membership
Total participants, beginning-of-year2009-01-01270
Total number of active participants reported on line 7a of the Form 55002009-01-01241
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0150
Total of all active and inactive participants2009-01-01291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01291
Number of participants with account balances2009-01-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II

Measure Date Value
2012 : MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$3,920,018
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$351,928
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$602,370
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$601,750
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$0
Value of total assets at end of year2012-12-31$0
Value of total assets at beginning of year2012-12-31$4,170,460
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$620
Total interest from all sources2012-12-31$1,119
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$25,039
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$25,039
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$47,327
Assets. Other investments not covered elsewhere at end of year2012-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$450,552
Other income not declared elsewhere2012-12-31$34,353
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-250,442
Value of net assets at end of year (total assets less liabilities)2012-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,170,460
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$2,690,457
Interest on participant loans2012-12-31$1,119
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$982,124
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$275,232
Net investment gain or loss from common/collective trusts2012-12-31$16,185
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$601,750
Contract administrator fees2012-12-31$620
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31SECENDORF,HASSON&REILLY CPA'S LLC
Accountancy firm EIN2012-12-31900436485
2011 : MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$-23,853
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$247,586
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$245,793
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$0
Value of total assets at end of year2011-12-31$4,170,460
Value of total assets at beginning of year2011-12-31$4,441,899
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,793
Total interest from all sources2011-12-31$2,664
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$57,478
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$57,478
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Participant contributions at end of year2011-12-31$47,327
Participant contributions at beginning of year2011-12-31$66,797
Assets. Other investments not covered elsewhere at end of year2011-12-31$450,552
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$412,149
Other income not declared elsewhere2011-12-31$7,008
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-271,439
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,170,460
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,441,899
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$1,322
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$2,690,457
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,044,624
Interest on participant loans2011-12-31$2,664
Value of interest in common/collective trusts at end of year2011-12-31$982,124
Value of interest in common/collective trusts at beginning of year2011-12-31$918,329
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-135,820
Net investment gain or loss from common/collective trusts2011-12-31$44,817
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$245,793
Contract administrator fees2011-12-31$471
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31SECENDORF,HASSON& REILLY CPA'S LLC
Accountancy firm EIN2011-12-31900436485
2010 : MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$15,487
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$455,642
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$572,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$568,254
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$0
Value of total assets at end of year2010-12-31$4,441,899
Value of total assets at beginning of year2010-12-31$4,543,292
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$4,268
Total interest from all sources2010-12-31$3,069
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$54,564
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$54,564
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Participant contributions at end of year2010-12-31$66,797
Participant contributions at beginning of year2010-12-31$76,872
Assets. Other investments not covered elsewhere at end of year2010-12-31$412,149
Other income not declared elsewhere2010-12-31$15,630
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-116,880
Value of net assets at end of year (total assets less liabilities)2010-12-31$4,441,899
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$4,543,292
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$3,388
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,044,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,477,893
Interest on participant loans2010-12-31$3,069
Value of interest in common/collective trusts at end of year2010-12-31$918,329
Value of interest in common/collective trusts at beginning of year2010-12-31$988,527
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$352,692
Net investment gain or loss from common/collective trusts2010-12-31$29,687
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$568,254
Contract administrator fees2010-12-31$880
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31SECKENDORF HASSON & REILLY
Accountancy firm EIN2010-12-31112900554

Form 5500 Responses for MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II

2012: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 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 filingYes
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: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 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: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 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: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN II 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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