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VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameVALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN
Plan identification number 001

VALOREM LAW GROUP LLP 401(K) RETIREMENT 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

VALOREM LAW GROUP LLP has sponsored the creation of one or more 401k plans.

Company Name:VALOREM LAW GROUP LLP
Employer identification number (EIN):371707521
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01NICOLE AUERBACH2022-11-15 NICOLE AUERBACH2022-11-15
0012021-01-01NICOLE AUERBACH2022-09-23 NICOLE AUERBACH2022-09-23
0012020-01-01NICOLE AUERBACH2021-09-22 NICOLE AUERBACH2021-09-22
0012019-01-01NICOLE AUERBACH2020-10-05 NICOLE AUERBACH2020-10-05
0012017-01-01BENJAMIN SHAMES
0012016-01-01BENJAMIN SHAMES
0012015-01-01BENJAMIN SHAMES
0012014-01-01BENJAMIN SHAMES

Financial Data on VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN

Measure Date Value
2022 : VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-11-16173127
Net assets as of the end of the plan year2022-11-160
Total assets as of the beginning of the plan year2022-11-16177490
Value of plan covered by a fidelity bond2022-11-1617749
Other income to plan in this plan year2022-11-16-4363
Plan net income in this plan year2022-11-16-177490
Net assets as of the end of the plan year2022-11-160
Net assets as of the beginning of the plan year2022-11-16177490
Expensese paid to adminstrative service provicers from plan in this plan year2022-11-1635
2017 : VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$48,870
Expenses. Total of all expenses incurred2017-12-31$506,667
Benefits paid (including direct rollovers)2017-12-31$503,405
Total plan assets at end of year2017-12-31$0
Total plan assets at beginning of year2017-12-31$457,797
Value of fidelity bond covering the plan2017-12-31$50,000
Total contributions received or receivable from participants2017-12-31$0
Other income received2017-12-31$48,870
Net income (gross income less expenses)2017-12-31$-457,797
Net plan assets at end of year (total assets less liabilities)2017-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$457,797
Total contributions received or receivable from employer(s)2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$3,262
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-12-31$145,776
Expenses. Total of all expenses incurred2016-12-31$292,943
Benefits paid (including direct rollovers)2016-12-31$291,555
Total plan assets at end of year2016-12-31$457,797
Total plan assets at beginning of year2016-12-31$604,964
Value of fidelity bond covering the plan2016-12-31$50,000
Total contributions received or receivable from participants2016-12-31$71,837
Other income received2016-12-31$41,487
Net income (gross income less expenses)2016-12-31$-147,167
Net plan assets at end of year (total assets less liabilities)2016-12-31$457,797
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$604,964
Assets. Value of participant loans2016-12-31$13,491
Total contributions received or receivable from employer(s)2016-12-31$32,452
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,388
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN 2015 401k financial data
Total income from all sources2015-12-31$147,618
Expenses. Total of all expenses incurred2015-12-31$2,249
Benefits paid (including direct rollovers)2015-12-31$1,168
Total plan assets at end of year2015-12-31$604,964
Total plan assets at beginning of year2015-12-31$459,595
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$81,827
Other income received2015-12-31$-5,387
Net income (gross income less expenses)2015-12-31$145,369
Net plan assets at end of year (total assets less liabilities)2015-12-31$604,964
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$459,595
Assets. Value of participant loans2015-12-31$23,915
Total contributions received or receivable from employer(s)2015-12-31$71,178
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,081
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN 2014 401k financial data
Total income from all sources2014-12-31$136,240
Expenses. Total of all expenses incurred2014-12-31$761
Total plan assets at end of year2014-12-31$459,595
Total plan assets at beginning of year2014-12-31$324,116
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$62,570
Other income received2014-12-31$14,313
Net income (gross income less expenses)2014-12-31$135,479
Net plan assets at end of year (total assets less liabilities)2014-12-31$459,595
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$324,116
Total contributions received or receivable from employer(s)2014-12-31$59,357
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$761

Form 5500 Responses for VALOREM LAW GROUP LLP 401(K) RETIREMENT PLAN

2017: VALOREM LAW GROUP LLP 401(K) RETIREMENT 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)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: VALOREM LAW GROUP LLP 401(K) RETIREMENT 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 – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: VALOREM LAW GROUP LLP 401(K) RETIREMENT 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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: VALOREM LAW GROUP LLP 401(K) RETIREMENT 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number876362
Policy instance 1

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