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OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST 401k Plan overview

Plan NameOBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST
Plan identification number 002

OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

OBLON, MCCLELLAND, MAIER & NEUSTADT, LLP has sponsored the creation of one or more 401k plans.

Company Name:OBLON, MCCLELLAND, MAIER & NEUSTADT, LLP
Employer identification number (EIN):541080193
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022010-01-01KATHLEEN PROCUNIER
0022009-01-01KATHLEEN PROCUNIER

Plan Statistics for OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST

401k plan membership statisitcs for OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST

Measure Date Value
2010: OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01320
Total number of active participants reported on line 7a of the Form 55002010-01-010
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-010
2009: OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01312
Total number of active participants reported on line 7a of the Form 55002009-01-01283
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0136
Total of all active and inactive participants2009-01-01320
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01320
Number of participants with account balances2009-01-01320

Financial Data on OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST

Measure Date Value
2010 : OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST 2010 401k financial data
Total transfer of assets from this plan2010-12-31$15,653,175
Total income from all sources (including contributions)2010-12-31$1,283,669
Total of all expenses incurred2010-12-31$554,649
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$538,406
Expenses. Certain deemed distributions of participant loans2010-12-31$13,908
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,092,429
Value of total assets at end of year2010-12-31$0
Value of total assets at beginning of year2010-12-31$14,924,155
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,335
Total interest from all sources2010-12-31$53,475
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31Yes
Was this plan covered by a fidelity bond2010-12-31No
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,092,429
Participant contributions at beginning of year2010-12-31$302,461
Administrative expenses (other) incurred2010-12-31$2,335
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$729,020
Value of net assets at end of year (total assets less liabilities)2010-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$14,924,155
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$10,411,347
Value of interest in pooled separate accounts at beginning of year2010-12-31$1,081,966
Interest on participant loans2010-12-31$8,141
Interest earned on other investments2010-12-31$45,334
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$3,128,381
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$97,688
Net investment gain/loss from pooled separate accounts2010-12-31$40,077
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$538,406
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MENDELSON & MENDELSON CPAS A P.C.
Accountancy firm EIN2010-12-31520954153

Form 5500 Responses for OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST

2010: OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01This submission is the final filingYes
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: OBLON, SPIVAK, MCCLELLAND, MAIER & NEUSTADT, LLP 401(K) PLAN & TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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