401k Plan data: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN plan

WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 401k Plan overview

Plan Name	WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN
Plan identification number	001

WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Target benefit plan
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.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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

WELLINGTON SHIELDS & CO. LLC has sponsored the creation of one or more 401k plans.

Company Name: WELLINGTON SHIELDS & CO. LLC

Employer identification number (EIN): 263489406

NAIC Classification: 523120
NAIC Description: Securities Brokerage

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 PHILIP CURCURU 2023-09-20
001 2021-01-01 PHILIP CURCURU 2022-10-13
001 2020-01-01 PHILIP CURCURU 2021-10-14
001 2019-01-01 PHILIP M CURCURU 2020-10-14 PHILIP M CURCURU 2020-10-14
001 2018-01-01 PHILIP M. CURCURU 2019-10-14 PHILIP M CURCURU 2019-10-14
001 2017-01-01 PHILIP M. CURCURU 2018-10-15 PHILIP M CURCURU 2018-10-15
001 2016-01-01 PHILIP M. CURCURU 2017-10-12 PHILIP M CURCURU 2017-10-12
001 2015-01-01 PHILIP M. CURCURU 2016-10-14 PHILIP M CURCURU 2016-10-14
001 2014-01-01 DAVID SHIELDS
001 2013-01-01 PHILIP CURCURU PHILIP CURCURU 2014-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	PHILIP CURCURU	2023-09-20
001	2021-01-01	PHILIP CURCURU	2022-10-13
001	2020-01-01	PHILIP CURCURU	2021-10-14
001	2019-01-01	PHILIP M CURCURU	2020-10-14	PHILIP M CURCURU	2020-10-14
001	2018-01-01	PHILIP M. CURCURU	2019-10-14	PHILIP M CURCURU	2019-10-14
001	2017-01-01	PHILIP M. CURCURU	2018-10-15	PHILIP M CURCURU	2018-10-15
001	2016-01-01	PHILIP M. CURCURU	2017-10-12	PHILIP M CURCURU	2017-10-12
001	2015-01-01	PHILIP M. CURCURU	2016-10-14	PHILIP M CURCURU	2016-10-14
001	2014-01-01	DAVID SHIELDS
001	2013-01-01	PHILIP CURCURU		PHILIP CURCURU	2014-10-14

Plan Statistics for WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN

401k plan membership statisitcs for WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2014: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 100
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 73
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 22
Total of all active and inactive participants 2014-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 1
Total participants 2014-01-01 96
Number of participants with account balances 2014-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 133
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 80
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 19
Total of all active and inactive participants 2013-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 1
Total participants 2013-01-01 100
Number of participants with account balances 2013-01-01 87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2014: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	100
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	73
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	22
Total of all active and inactive participants	2014-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	1
Total participants	2014-01-01	96
Number of participants with account balances	2014-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	133
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	80
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	19
Total of all active and inactive participants	2013-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	1
Total participants	2013-01-01	100
Number of participants with account balances	2013-01-01	87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN

Measure	Date	Value
2014 : WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$1,780,981
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$1,160,767
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,041,929
Expenses. Certain deemed distributions of participant loans	2014-12-31	$40,729
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$535,962
Value of total assets at end of year	2014-12-31	$15,715,049
Value of total assets at beginning of year	2014-12-31	$15,094,835
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$78,109
Total interest from all sources	2014-12-31	$1,832
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$283,338
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$283,338
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$535,962
Participant contributions at end of year	2014-12-31	$118,969
Participant contributions at beginning of year	2014-12-31	$109,639
Participant contributions at end of year	2014-12-31	$12,657
Participant contributions at beginning of year	2014-12-31	$16,530
Administrative expenses (other) incurred	2014-12-31	$78,109
Total non interest bearing cash at end of year	2014-12-31	$417
Total non interest bearing cash at beginning of year	2014-12-31	$2,269
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$620,214
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$15,715,049
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$15,094,835
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$14,226,379
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$12,699,610
Interest on participant loans	2014-12-31	$1,832
Value of interest in common/collective trusts at end of year	2014-12-31	$1,356,627
Value of interest in common/collective trusts at beginning of year	2014-12-31	$2,266,787
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$935,645
Net investment gain or loss from common/collective trusts	2014-12-31	$24,204
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,041,929
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	RSSM CPA LLP
Accountancy firm EIN	2014-12-31	135653927
2013 : WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$3,814,028
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$784,344
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$709,679
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$569,230
Value of total assets at end of year	2013-12-31	$15,094,835
Value of total assets at beginning of year	2013-12-31	$12,065,151
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$74,665
Total interest from all sources	2013-12-31	$5,206
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$206,284
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$206,284
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$567,941
Participant contributions at end of year	2013-12-31	$109,639
Participant contributions at beginning of year	2013-12-31	$160,677
Participant contributions at end of year	2013-12-31	$16,530
Participant contributions at beginning of year	2013-12-31	$14,596
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$1,289
Administrative expenses (other) incurred	2013-12-31	$74,665
Total non interest bearing cash at end of year	2013-12-31	$2,269
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$3,029,684
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$15,094,835
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$12,065,151
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$12,699,610
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$9,782,905
Interest on participant loans	2013-12-31	$5,206
Value of interest in common/collective trusts at end of year	2013-12-31	$2,266,787
Value of interest in common/collective trusts at beginning of year	2013-12-31	$2,106,973
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$2,995,458
Net investment gain or loss from common/collective trusts	2013-12-31	$37,850
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$709,679
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	ROSEN SEYMOUR SHAPSS MARTIN AND COM
Accountancy firm EIN	2013-12-31	135653927

Form 5500 Responses for WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN

2014: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

WELLINGTON SHIELDS 401(K) AND PROFIT SHARING PLAN [EIN = 453862907]

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Company Name:	WELLINGTON SHIELDS & CO. LLC
Employer identification number (EIN):	263489406
NAIC Classification:	523120
NAIC Description:	Securities Brokerage