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BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN 401k Plan overview

Plan NameBERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN
Plan identification number 001

BERGER, GHERSI & LADUKE PLC 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.
  • 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

BERGER, GHERSI & LADUKE PLC has sponsored the creation of one or more 401k plans.

Company Name:BERGER, GHERSI & LADUKE PLC
Employer identification number (EIN):382517534
NAIC Classification:541211
NAIC Description:Offices of Certified Public Accountants

Additional information about BERGER, GHERSI & LADUKE PLC

Jurisdiction of Incorporation: Michigan Secretary of State
Incorporation Date: 2005-06-22
Company Identification Number: B3631X
Legal Registered Office Address: 300 E LONG LAKE RD STE 135 BLOOMFIELD HILLS


United States of America (USA)
48304

More information about BERGER, GHERSI & LADUKE PLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-07-01
0012022-07-01
0012021-07-01
0012020-07-01
0012020-07-01
0012019-07-01
0012018-07-01
0012017-07-01
0012016-07-01
0012015-07-01
0012014-07-01
0012013-07-01
0012012-07-01CYNTHIA TACHENY - AS PRACTITIONER2013-12-20
0012011-07-01CYNTHIA TACHENY - AS PRACTITIONER2012-09-20
0012010-07-01RAYMOND J GHERSI
0012009-07-01RAYMOND J GHERSI

Financial Data on BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN

Measure Date Value
2024 : BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-12-128149
Net assets as of the end of the plan year2024-12-126157509
Total assets as of the beginning of the plan year2024-12-125142424
Value of plan covered by a fidelity bond2024-12-12500000
Participant contributions to plan in this plan year2024-12-12229184
Other expenses paid from plan in this plan year2024-12-12584
Other income to plan in this plan year2024-12-12676105
Plan net income in this plan year2024-12-121015085
Net assets as of the end of the plan year2024-12-126157509
Net assets as of the beginning of the plan year2024-12-125142424
Employer contributions to plan in this plan year2024-12-12117945
Fees paid to broker by Benefit Provider2024-12-1215998
2011 : BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-06-30$323,831
Total plan assets at end of year2011-06-30$1,172,832
Total plan assets at beginning of year2011-06-30$849,001
Value of fidelity bond covering the plan2011-06-30$75,000
Total contributions received or receivable from participants2011-06-30$73,779
Other income received2011-06-30$212,207
Net income (gross income less expenses)2011-06-30$323,831
Net plan assets at end of year (total assets less liabilities)2011-06-30$1,172,832
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$849,001
Total contributions received or receivable from employer(s)2011-06-30$37,845

Form 5500 Responses for BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN

2010: BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement - TrustYes
2009: BERGER, GHERSI & LADUKE PLC PROFIT SHARING PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01This submission is the final filingNo
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan 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 numberPHR307
Policy instance 1

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