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TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameTRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN
Plan identification number 001

TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN 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.
  • 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

TRUSTED COUNSEL ASHLEY LLC has sponsored the creation of one or more 401k plans.

Company Name:TRUSTED COUNSEL ASHLEY LLC
Employer identification number (EIN):200629745
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Additional information about TRUSTED COUNSEL ASHLEY LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 250539

More information about TRUSTED COUNSEL ASHLEY LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ALAN MCKEON2023-12-20 ALAN MCKEON2023-12-20
0012022-01-01ALAN MCKEON2023-10-16
0012021-01-01JON LASSITER2022-06-02
0012020-01-01JON LASSITER2021-06-30
0012019-01-01JON LASSITER2020-07-08
0012018-01-01JON LASSITER2019-06-12
0012017-01-01JON LASSITER2018-06-26
0012016-01-01JON LASSITER2017-06-08
0012015-01-01JON LASSITER2016-06-24
0012014-01-01JON LASSITER2015-07-22
0012013-01-01JON LASSITER2014-07-30
0012012-01-01TRUSTED COUNSEL ASHLEY LLC2013-07-30
0012011-01-01TRUSTED COUNSEL ASHLEY LLC2012-07-19
0012010-01-01TRUSTED COUNSEL ASHLEY LLC2011-07-27

Plan Statistics for TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN

401k plan membership statisitcs for TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN

Measure Date Value
2022: TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-0211
Total number of particpants at end of year2022-06-0211
Number of Participants With Account Balances2022-06-0211

Financial Data on TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN

Measure Date Value
2022 : TRUSTED COUNSEL ASHLEY LLC 401K PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-0217253
Net assets as of the end of the plan year2022-06-022522196
Total assets as of the beginning of the plan year2022-06-021965043
Value of plan covered by a fidelity bond2022-06-02197000
Participant contributions to plan in this plan year2022-06-0295229
Value of participant loans at end of plan year2022-06-02960
Other income to plan in this plan year2022-06-02371056
Plan net income in this plan year2022-06-02557153
Net assets as of the end of the plan year2022-06-022522196
Net assets as of the beginning of the plan year2022-06-021965043
Employer contributions to plan in this plan year2022-06-02108121
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-02290

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