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ACCESSORY EXCHANGE, LLC 401(K) PLAN 401k Plan overview

Plan NameACCESSORY EXCHANGE, LLC 401(K) PLAN
Plan identification number 002

ACCESSORY EXCHANGE, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

ACCESSORY EXCHANGE, LLC has sponsored the creation of one or more 401k plans.

Company Name:ACCESSORY EXCHANGE, LLC
Employer identification number (EIN):133977106
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Additional information about ACCESSORY EXCHANGE, LLC

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1997-10-30
Company Identification Number: 2194834
Legal Registered Office Address: 1 E 33RD ST
6TH FL
NEW YORK
United States of America (USA)
10016

More information about ACCESSORY EXCHANGE, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ACCESSORY EXCHANGE, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-01-01JACK SUTTON
0022016-01-01JACK SUTTON
0022015-01-01DENNIS COOKE
0022014-01-01JAY WECHSLER
0022013-01-01KEN SINGH
0022012-01-01KEN SINGH KEN SINGH2013-07-02
0022011-01-01KEN SINGH
0022010-01-01KEN SINGH

Plan Statistics for ACCESSORY EXCHANGE, LLC 401(K) PLAN

401k plan membership statisitcs for ACCESSORY EXCHANGE, LLC 401(K) PLAN

Measure Date Value
2017: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0168
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
2016: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0164
Total number of active participants reported on line 7a of the Form 55002016-01-0132
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0136
Total of all active and inactive participants2016-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0168
Number of participants with account balances2016-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0182
Total number of active participants reported on line 7a of the Form 55002015-01-0149
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0115
Total of all active and inactive participants2015-01-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0164
Number of participants with account balances2015-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01100
Total number of active participants reported on line 7a of the Form 55002014-01-0163
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0119
Total of all active and inactive participants2014-01-0182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0182
Number of participants with account balances2014-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01112
Total number of active participants reported on line 7a of the Form 55002013-01-0198
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-01100
Total participants2013-01-01100
Number of participants with account balances2013-01-0149
2012: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01106
Total number of active participants reported on line 7a of the Form 55002012-01-01109
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01112
Number of participants with account balances2012-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0159
Total number of active participants reported on line 7a of the Form 55002011-01-01102
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-01106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01106
Number of participants with account balances2011-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0138
Total number of active participants reported on line 7a of the Form 55002010-01-0154
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
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 balances2010-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on ACCESSORY EXCHANGE, LLC 401(K) PLAN

Measure Date Value
2017 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-03-31$0
Total plan liabilities at end of year2017-03-31$0
Total plan liabilities at beginning of year2017-03-31$0
Total income from all sources2017-03-31$125,394
Expenses. Total of all expenses incurred2017-03-31$3,585,171
Benefits paid (including direct rollovers)2017-03-31$3,585,165
Total plan assets at end of year2017-03-31$0
Total plan assets at beginning of year2017-03-31$3,459,777
Value of fidelity bond covering the plan2017-03-31$500,000
Total contributions received or receivable from participants2017-03-31$7,334
Expenses. Other expenses not covered elsewhere2017-03-31$0
Contributions received from other sources (not participants or employers)2017-03-31$0
Other income received2017-03-31$118,060
Noncash contributions received2017-03-31$0
Net income (gross income less expenses)2017-03-31$-3,459,777
Net plan assets at end of year (total assets less liabilities)2017-03-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-03-31$3,459,777
Total contributions received or receivable from employer(s)2017-03-31$0
Value of certain deemed distributions of participant loans2017-03-31$0
Value of corrective distributions2017-03-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-03-31$6
2016 : ACCESSORY EXCHANGE, LLC 401(K) 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$528,107
Expenses. Total of all expenses incurred2016-12-31$1,241,563
Benefits paid (including direct rollovers)2016-12-31$1,196,315
Total plan assets at end of year2016-12-31$3,459,777
Total plan assets at beginning of year2016-12-31$4,173,233
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$191,210
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$9,710
Other income received2016-12-31$327,187
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-713,456
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,459,777
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$4,173,233
Assets. Value of participant loans2016-12-31$0
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$9,403
Value of corrective distributions2016-12-31$33,545
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$2,300
2015 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$354,272
Expenses. Total of all expenses incurred2015-12-31$183,266
Benefits paid (including direct rollovers)2015-12-31$104,920
Total plan assets at end of year2015-12-31$4,173,233
Total plan assets at beginning of year2015-12-31$4,002,227
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$219,434
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$153,391
Other income received2015-12-31$-18,553
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$171,006
Net plan assets at end of year (total assets less liabilities)2015-12-31$4,173,233
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$4,002,227
Assets. Value of participant loans2015-12-31$4,484
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$77,548
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$798
2014 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$455,648
Expenses. Total of all expenses incurred2014-12-31$125,389
Benefits paid (including direct rollovers)2014-12-31$121,776
Total plan assets at end of year2014-12-31$4,002,227
Total plan assets at beginning of year2014-12-31$3,671,968
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$255,401
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$200,247
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$330,259
Net plan assets at end of year (total assets less liabilities)2014-12-31$4,002,227
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,671,968
Assets. Value of participant loans2014-12-31$10,238
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$3,588
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$25
2013 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$1,051,823
Expenses. Total of all expenses incurred2013-12-31$390,873
Benefits paid (including direct rollovers)2013-12-31$383,505
Total plan assets at end of year2013-12-31$3,671,968
Total plan assets at beginning of year2013-12-31$3,011,018
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$295,596
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$6,901
Other income received2013-12-31$749,326
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$660,950
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,671,968
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$3,011,018
Assets. Value of participant loans2013-12-31$13,528
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$2,606
Value of corrective distributions2013-12-31$4,712
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$50
2012 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$571,453
Expenses. Total of all expenses incurred2012-12-31$13,969
Benefits paid (including direct rollovers)2012-12-31$13,852
Total plan assets at end of year2012-12-31$3,011,018
Total plan assets at beginning of year2012-12-31$2,453,534
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$334,222
Other income received2012-12-31$237,231
Net income (gross income less expenses)2012-12-31$557,484
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,011,018
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,453,534
Assets. Value of participant loans2012-12-31$23,010
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$117
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$73,079
Expenses. Total of all expenses incurred2011-12-31$36,080
Benefits paid (including direct rollovers)2011-12-31$29,807
Total plan assets at end of year2011-12-31$2,453,534
Total plan assets at beginning of year2011-12-31$2,416,535
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$181,301
Other income received2011-12-31$-109,087
Net income (gross income less expenses)2011-12-31$36,999
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,453,534
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,416,535
Assets. Value of participant loans2011-12-31$15,652
Total contributions received or receivable from employer(s)2011-12-31$865
Value of corrective distributions2011-12-31$4,471
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$1,802
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : ACCESSORY EXCHANGE, LLC 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$629,865
Expenses. Total of all expenses incurred2010-12-31$54,826
Benefits paid (including direct rollovers)2010-12-31$54,713
Total plan assets at end of year2010-12-31$2,416,535
Total plan assets at beginning of year2010-12-31$1,841,496
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$233,451
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$89,258
Other income received2010-12-31$307,156
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$575,039
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,416,535
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,841,496
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$113
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for ACCESSORY EXCHANGE, LLC 401(K) PLAN

2017: ACCESSORY EXCHANGE, LLC 401(K) 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 filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ACCESSORY EXCHANGE, LLC 401(K) 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
2015: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
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: ACCESSORY EXCHANGE, LLC 401(K) PLAN 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: ACCESSORY EXCHANGE, LLC 401(K) PLAN 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: ACCESSORY EXCHANGE, LLC 401(K) PLAN 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 funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ACCESSORY EXCHANGE, LLC 401(K) PLAN 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 funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: ACCESSORY EXCHANGE, LLC 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
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

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