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FORTRESS 401K PLAN 401k Plan overview

Plan NameFORTRESS 401K PLAN
Plan identification number 001

FORTRESS 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Plan covering Self-Employed individuals.
  • 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

FORTRESS BROKERAGE SOLUTIONS has sponsored the creation of one or more 401k plans.

Company Name:FORTRESS BROKERAGE SOLUTIONS
Employer identification number (EIN):208846271
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FORTRESS 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHAEL BARATTA2024-10-03
0012022-01-01MICHAEL BARATTA2023-08-16
0012021-01-01MICHAEL BARATTA2022-09-21
0012020-01-01MICHAEL BARATTA2021-09-24
0012019-01-01MICHAEL BARATTA2020-10-14
0012018-01-01MICHAEL BARATTA2019-09-24 MICHAEL BARATTA2019-09-24
0012017-01-01MICHAEL BARATTA2018-08-23 MICHAEL BARATTA2018-08-23
0012016-01-01MICHAEL BARATTA2017-09-19 MICHAEL BARATTA2017-09-19
0012015-01-01MICHAEL BARATTA2016-07-27 MICHAEL BARATTA2016-07-27
0012014-01-01MICHAEL BARATTA2015-06-23 MICHAEL BARATTA2015-06-23
0012013-01-01MICHAEL BARATTA2014-06-16 MICHAEL BARATTA2014-06-16
0012012-01-01MICHAEL BARATTA2013-08-29 MICHAEL BARATTA2013-08-29
0012011-01-01MICHAEL BARATTA2012-06-25

Plan Statistics for FORTRESS 401K PLAN

401k plan membership statisitcs for FORTRESS 401K PLAN

Measure Date Value
2025: FORTRESS 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-0215
Total number of particpants at end of year2025-10-0214
Number of Participants With Account Balances2025-10-0211
2024: FORTRESS 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0312
Total number of particpants at end of year2024-10-0315
Number of Participants With Account Balances2024-10-0311

Financial Data on FORTRESS 401K PLAN

Measure Date Value
2025 : FORTRESS 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-0217537
Net assets as of the end of the plan year2025-10-02785065
Total assets as of the beginning of the plan year2025-10-02653878
Value of plan covered by a fidelity bond2025-10-0280000
Participant contributions to plan in this plan year2025-10-0264318
Value of participant loans at end of plan year2025-10-0227303
Other income to plan in this plan year2025-10-0256920
Plan net income in this plan year2025-10-02131187
Net assets as of the end of the plan year2025-10-02785065
Net assets as of the beginning of the plan year2025-10-02653878
Employer contributions to plan in this plan year2025-10-0227486
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-024631
2024 : FORTRESS 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-034421
Net assets as of the end of the plan year2024-10-03653878
Total assets as of the beginning of the plan year2024-10-03505659
Value of plan covered by a fidelity bond2024-10-0380000
Participant contributions to plan in this plan year2024-10-0343243
Value of participant loans at end of plan year2024-10-0334515
Other income to plan in this plan year2024-10-0391946
Plan net income in this plan year2024-10-03148219
Net assets as of the end of the plan year2024-10-03653878
Net assets as of the beginning of the plan year2024-10-03505659
Employer contributions to plan in this plan year2024-10-0317451
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-034421

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