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DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameDRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST
Plan identification number 001

DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 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.
  • 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

DRS. AKERS, STOHLE & BORDEN, LTD. has sponsored the creation of one or more 401k plans.

Company Name:DRS. AKERS, STOHLE & BORDEN, LTD.
Employer identification number (EIN):362956231
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DR. M T. MURPHY2024-04-01
0012022-01-01DR. M T. MURPHY2023-08-25
0012021-01-01DR. M T. MURPHY2022-05-18
0012020-01-01DR. M T. MURPHY2021-09-23
0012019-01-01DR. M T. MURPHY2020-06-29
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01PAUL T. AKERS2015-03-06
0012013-01-01PAUL T. AKERS2014-02-24
0012012-01-01PAUL T. AKERS2013-03-04
0012011-01-01PAUL T. AKERS2012-02-29
0012010-01-01PAUL T. AKERS2011-03-26
0012008-01-01

Plan Statistics for DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST

Measure Date Value
2025: DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year2025-06-0422
Total number of particpants at end of year2025-06-0420
Number of Participants With Account Balances2025-06-0420
2024: DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-04-0121
Total number of particpants at end of year2024-04-0120
Number of Participants With Account Balances2024-04-0120

Financial Data on DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST

Measure Date Value
2025 : DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-04151281
Net assets as of the end of the plan year2025-06-044754442
Total assets as of the beginning of the plan year2025-06-044088554
Value of plan covered by a fidelity bond2025-06-04408856
Participant contributions to plan in this plan year2025-06-04112065
Other income to plan in this plan year2025-06-04498565
Plan net income in this plan year2025-06-04665888
Net assets as of the end of the plan year2025-06-044754442
Net assets as of the beginning of the plan year2025-06-044088554
Employer contributions to plan in this plan year2025-06-04206539
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-04815
2024 : DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-0140470
Net assets as of the end of the plan year2024-04-014088554
Total assets as of the beginning of the plan year2024-04-013279592
Value of plan covered by a fidelity bond2024-04-01408856
Participant contributions to plan in this plan year2024-04-0199311
Other income to plan in this plan year2024-04-01566361
Plan net income in this plan year2024-04-01808962
Net assets as of the end of the plan year2024-04-014088554
Net assets as of the beginning of the plan year2024-04-013279592
Employer contributions to plan in this plan year2024-04-01183760
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-011570

Form 5500 Responses for DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST

2008: DRS. AKERS, STOHLE & BORDEN, LTD. PROFIT SHARING PLAN AND TRUST 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo

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