401k Plan data: SHERMAN GROUP RETIREMENT PLAN plan

SHERMAN GROUP RETIREMENT PLAN 401k Plan overview

Plan Name	SHERMAN GROUP RETIREMENT PLAN
Plan identification number	001

SHERMAN GROUP RETIREMENT PLAN 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.
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

JSSG HEALTHCARE, LLC DBA FIDDLERS GREEN MANOR has sponsored the creation of one or more 401k plans.

Company Name: JSSG HEALTHCARE, LLC DBA FIDDLERS GREEN MANOR

Employer identification number (EIN): 463768522

NAIC Classification: 623000
NAIC Description: Nursing and Residential Care Facilities

Additional information about JSSG HEALTHCARE, LLC DBA FIDDLERS GREEN MANOR

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 2011-09-01

Company Identification Number: 4137724

Legal Registered Office Address: 255 WARNER AVENUE
ATTN: SAM SHERMAN
ROSLYN HEIGHTS
United States of America (USA)
11577

More information about JSSG HEALTHCARE, LLC DBA FIDDLERS GREEN MANOR

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHERMAN GROUP RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01
001 2018-01-01 BENNETT GAGLIANO 2019-10-08 BENNETT GAGLIANO 2019-10-08
001 2018-01-01 BENNETT GAGLIANO 2019-10-29 BENNETT GAGLIANO 2019-10-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-01-01
001	2018-01-01	BENNETT GAGLIANO	2019-10-08	BENNETT GAGLIANO	2019-10-08
001	2018-01-01	BENNETT GAGLIANO	2019-10-29	BENNETT GAGLIANO	2019-10-29

Plan Statistics for SHERMAN GROUP RETIREMENT PLAN

401k plan membership statisitcs for SHERMAN GROUP RETIREMENT PLAN

Measure Date Value
2019: SHERMAN GROUP RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 801
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 706
Number of other retired or separated participants entitled to future benefits 2019-01-01 57
Total of all active and inactive participants 2019-01-01 763
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 763
Number of participants with account balances 2019-01-01 235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 2

Measure	Date	Value
2019: SHERMAN GROUP RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	801
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	706
Number of other retired or separated participants entitled to future benefits	2019-01-01	57
Total of all active and inactive participants	2019-01-01	763
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	763
Number of participants with account balances	2019-01-01	235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	2

Financial Data on SHERMAN GROUP RETIREMENT PLAN

Measure	Date	Value
2019 : SHERMAN GROUP RETIREMENT PLAN 2019 401k financial data
Total transfer of assets to this plan	2019-12-31	$14,615
Total transfer of assets to this plan	2019-12-31	$14,615
Total transfer of assets from this plan	2019-12-31	$593,247
Total transfer of assets from this plan	2019-12-31	$593,247
Total income from all sources (including contributions)	2019-12-31	$491,060
Total income from all sources (including contributions)	2019-12-31	$491,060
Total of all expenses incurred	2019-12-31	$60,588
Total of all expenses incurred	2019-12-31	$60,588
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$36,850
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$36,850
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$339,847
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$339,847
Value of total assets at end of year	2019-12-31	$648,377
Value of total assets at end of year	2019-12-31	$648,377
Value of total assets at beginning of year	2019-12-31	$796,537
Value of total assets at beginning of year	2019-12-31	$796,537
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$23,738
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$23,738
Total interest from all sources	2019-12-31	$138
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
Value of fidelity bond cover	2019-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$290,044
Contributions received from participants	2019-12-31	$290,044
Participant contributions at end of year	2019-12-31	$1,718
Participant contributions at end of year	2019-12-31	$1,718
Participant contributions at beginning of year	2019-12-31	$13,342
Participant contributions at end of year	2019-12-31	$8,306
Participant contributions at end of year	2019-12-31	$8,306
Participant contributions at beginning of year	2019-12-31	$943
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$43,807
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$43,807
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$430,472
Value of net income/loss	2019-12-31	$430,472
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$648,377
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$648,377
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$796,537
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$796,537
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$638,353
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$638,353
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$781,982
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$781,982
Interest on participant loans	2019-12-31	$138
Interest on participant loans	2019-12-31	$138
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$151,075
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$151,075
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$5,996
Contributions received in cash from employer	2019-12-31	$5,996
Employer contributions (assets) at beginning of year	2019-12-31	$270
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$36,850
Contract administrator fees	2019-12-31	$23,738
Contract administrator fees	2019-12-31	$23,738
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	EFPR GROUP, CPAS, PLLC
Accountancy firm name	2019-12-31	EFPR GROUP, CPAS, PLLC
Accountancy firm EIN	2019-12-31	474526160
Accountancy firm EIN	2019-12-31	474526160

Form 5500 Responses for SHERMAN GROUP RETIREMENT PLAN

2019: SHERMAN GROUP RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Mulitple employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	Yes
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

743-80208

Policy instance

Insurance contract or identification number	743-80208
Number of Individuals Covered	235
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $183
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Commission paid to Insurance Broker	USD $183
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	ADVISOR COMMISSIONS
Insurance broker organization code?	7

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	JSSG HEALTHCARE, LLC DBA FIDDLERS GREEN MANOR
Employer identification number (EIN):	463768522
NAIC Classification:	623000
NAIC Description:	Nursing and Residential Care Facilities

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	2011-09-01
Company Identification Number:	4137724
Legal Registered Office Address:	255 WARNER AVENUE ATTN: SAM SHERMAN ROSLYN HEIGHTS United States of America (USA) 11577