401k Plan data: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST plan

ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 401k Plan overview

Plan Name	ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST
Plan identification number	003

ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Participant-directed brokerage accounts provided as an investment option under the plan.

401k Sponsoring company profile

ADVANCED TAX STRATEGIES, PC has sponsored the creation of one or more 401k plans.

Company Name: ADVANCED TAX STRATEGIES, PC

Employer identification number (EIN): 431428698

NAIC Classification: 541211
NAIC Description: Offices of Certified Public Accountants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01 MICHAEL J SOMMERS 2023-04-21 MICHAEL J SOMMERS 2023-04-21
003 2021-01-01 MICHAEL J SOMMERS 2022-04-22 MICHAEL J SOMMERS 2022-04-22
003 2020-01-01 MICHAEL J SOMMERS 2021-05-28 MICHAEL J SOMMERS 2021-05-28
003 2019-01-01 MICHAEL J SOMMERS 2020-08-13 MICHAEL J SOMMERS 2020-08-13
003 2018-01-01 MICHAEL J. SOMMERS 2019-10-04 MICHAEL J. SOMMERS 2019-10-04
003 2017-01-01 MICHAEL J. SOMMERS 2018-10-10 MICHAEL J. SOMMERS 2018-10-10
003 2017-01-01 MICHAEL J. SOMMERS 2018-09-30 MICHAEL J. SOMMERS
003 2017-01-01 MICHAEL J. SOMMERS 2018-10-09 MICHAEL J. SOMMERS
003 2016-01-01 MICHAEL J. SOMMERS 2017-09-10 MICHAEL J. SOMMERS 2017-09-10
003 2015-01-01 MICHAEL J. SOMMERS MICHAEL J. SOMMERS 2016-09-06
003 2014-01-01 MICHAEL J. SOMMERS MICHAEL J. SOMMERS 2015-09-12
003 2013-01-01 MICHAEL J. SOMMERS MICHAEL J. SOMMERS 2014-09-14
003 2012-01-01 MICHAEL J. SOMMERS MICHAEL J. SOMMERS 2013-09-16
003 2011-01-01 MICHAEL J. SOMMERS MICHAEL J. SOMMERS 2012-09-13
003 2009-01-01 MICHAEL J. SOMMERS MICHAEL J. SOMMERS 2010-09-08

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-01-01	MICHAEL J SOMMERS	2023-04-21	MICHAEL J SOMMERS	2023-04-21
003	2021-01-01	MICHAEL J SOMMERS	2022-04-22	MICHAEL J SOMMERS	2022-04-22
003	2020-01-01	MICHAEL J SOMMERS	2021-05-28	MICHAEL J SOMMERS	2021-05-28
003	2019-01-01	MICHAEL J SOMMERS	2020-08-13	MICHAEL J SOMMERS	2020-08-13
003	2018-01-01	MICHAEL J. SOMMERS	2019-10-04	MICHAEL J. SOMMERS	2019-10-04
003	2017-01-01	MICHAEL J. SOMMERS	2018-10-10	MICHAEL J. SOMMERS	2018-10-10
003	2017-01-01	MICHAEL J. SOMMERS	2018-09-30	MICHAEL J. SOMMERS
003	2017-01-01	MICHAEL J. SOMMERS	2018-10-09	MICHAEL J. SOMMERS
003	2016-01-01	MICHAEL J. SOMMERS	2017-09-10	MICHAEL J. SOMMERS	2017-09-10
003	2015-01-01	MICHAEL J. SOMMERS		MICHAEL J. SOMMERS	2016-09-06
003	2014-01-01	MICHAEL J. SOMMERS		MICHAEL J. SOMMERS	2015-09-12
003	2013-01-01	MICHAEL J. SOMMERS		MICHAEL J. SOMMERS	2014-09-14
003	2012-01-01	MICHAEL J. SOMMERS		MICHAEL J. SOMMERS	2013-09-16
003	2011-01-01	MICHAEL J. SOMMERS		MICHAEL J. SOMMERS	2012-09-13
003	2009-01-01	MICHAEL J. SOMMERS		MICHAEL J. SOMMERS	2010-09-08

Plan Statistics for ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST

401k plan membership statisitcs for ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST

Measure Date Value
2015: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 2
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 2
Number of participants with account balances 2015-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 3
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 0
Total of all active and inactive participants 2014-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 3
Number of participants with account balances 2014-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 3
Number of retired or separated participants receiving benefits 2013-01-01 1
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 4
Number of participants with account balances 2013-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 3
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 3
Number of participants with account balances 2012-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 3
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 3
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 3
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 4
Number of participants with account balances 2009-01-01 4

Measure	Date	Value
2015: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	2
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	2
Number of participants with account balances	2015-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	3
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	0
Total of all active and inactive participants	2014-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	3
Number of participants with account balances	2014-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	3
Number of retired or separated participants receiving benefits	2013-01-01	1
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	4
Number of participants with account balances	2013-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	3
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	3
Number of participants with account balances	2012-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	3
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	3
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	3
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	4
Number of participants with account balances	2009-01-01	4

Financial Data on ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST

Measure	Date	Value
2015 : ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2015 401k financial data
Transfers to/from the plan	2015-12-31	$28,000
Total income from all sources	2015-12-31	$30,767
Expenses. Total of all expenses incurred	2015-12-31	$5,248
Benefits paid (including direct rollovers)	2015-12-31	$4,348
Total plan assets at end of year	2015-12-31	$141,620
Total plan assets at beginning of year	2015-12-31	$88,101
Value of fidelity bond covering the plan	2015-12-31	$20,000
Total contributions received or receivable from participants	2015-12-31	$36,741
Other income received	2015-12-31	$-5,974
Net income (gross income less expenses)	2015-12-31	$25,519
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$141,620
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$88,101
Assets. Value of participant loans	2015-12-31	$41,414
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$900
2014 : ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2014 401k financial data
Transfers to/from the plan	2014-12-31	$-30,000
Total income from all sources	2014-12-31	$31,825
Expenses. Total of all expenses incurred	2014-12-31	$216
Total plan assets at end of year	2014-12-31	$88,101
Total plan assets at beginning of year	2014-12-31	$86,492
Value of fidelity bond covering the plan	2014-12-31	$250,000
Total contributions received or receivable from participants	2014-12-31	$32,039
Other income received	2014-12-31	$-214
Net income (gross income less expenses)	2014-12-31	$31,609
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$88,101
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$86,492
Assets. Value of participant loans	2014-12-31	$17,191
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$216
2013 : ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2013 401k financial data
Total income from all sources	2013-12-31	$29,264
Expenses. Total of all expenses incurred	2013-12-31	$45,850
Benefits paid (including direct rollovers)	2013-12-31	$45,750
Total plan assets at end of year	2013-12-31	$86,492
Total plan assets at beginning of year	2013-12-31	$103,078
Value of fidelity bond covering the plan	2013-12-31	$250,000
Total contributions received or receivable from participants	2013-12-31	$13,763
Other income received	2013-12-31	$15,501
Net income (gross income less expenses)	2013-12-31	$-16,586
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$86,492
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$103,078
Assets. Value of participant loans	2013-12-31	$27,250
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$100
2012 : ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2012 401k financial data
Total income from all sources	2012-12-31	$18,442
Expenses. Total of all expenses incurred	2012-12-31	$74,605
Benefits paid (including direct rollovers)	2012-12-31	$73,964
Total plan assets at end of year	2012-12-31	$103,078
Total plan assets at beginning of year	2012-12-31	$159,241
Value of fidelity bond covering the plan	2012-12-31	$20,000
Total contributions received or receivable from participants	2012-12-31	$5,078
Expenses. Other expenses not covered elsewhere	2012-12-31	$641
Other income received	2012-12-31	$13,364
Net income (gross income less expenses)	2012-12-31	$-56,163
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$103,078
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$159,241
Assets. Value of participant loans	2012-12-31	$37,122
2011 : ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2011 401k financial data
Total income from all sources	2011-12-31	$7,405
Expenses. Total of all expenses incurred	2011-12-31	$563
Total plan assets at end of year	2011-12-31	$159,241
Total plan assets at beginning of year	2011-12-31	$152,399
Value of fidelity bond covering the plan	2011-12-31	$20,000
Total contributions received or receivable from participants	2011-12-31	$8,956
Assets. Value of loans (other than to participants)	2011-12-31	$47,025
Expenses. Other expenses not covered elsewhere	2011-12-31	$563
Other income received	2011-12-31	$-1,551
Net income (gross income less expenses)	2011-12-31	$6,842
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$159,241
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$152,399
2010 : ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2010 401k financial data
Total income from all sources	2010-12-31	$24,818
Expenses. Total of all expenses incurred	2010-12-31	$4,780
Benefits paid (including direct rollovers)	2010-12-31	$4,188
Total plan assets at end of year	2010-12-31	$152,399
Total plan assets at beginning of year	2010-12-31	$132,361
Value of fidelity bond covering the plan	2010-12-31	$250,000
Total contributions received or receivable from participants	2010-12-31	$11,709
Expenses. Other expenses not covered elsewhere	2010-12-31	$250
Other income received	2010-12-31	$7,932
Net income (gross income less expenses)	2010-12-31	$20,038
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$152,399
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$132,361
Total contributions received or receivable from employer(s)	2010-12-31	$5,177
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$342

Form 5500 Responses for ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST

2015: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: ADVANCED TAX STRATEGIES, P.C. PROFIT SHARING 401(K) PLAN & TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ADVANCED TAX STRATEGIES, PC
Employer identification number (EIN):	431428698
NAIC Classification:	541211
NAIC Description:	Offices of Certified Public Accountants