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DEMCO LAW FIRM 401(K) PLAN 401k Plan overview

Plan NameDEMCO LAW FIRM 401(K) PLAN
Plan identification number 001

DEMCO LAW FIRM 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

DEMCO LAW FIRM P.S. has sponsored the creation of one or more 401k plans.

Company Name:DEMCO LAW FIRM P.S.
Employer identification number (EIN):911389585
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DEMCO LAW FIRM 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01LARS E. NESTE2022-03-31 LARS E. NESTE2022-03-31
0012020-01-01LARS NESTE2021-08-03 LARS NESTE2021-08-03
0012019-01-01LARS NESTE2020-02-04 LARS NESTE2020-02-04
0012018-01-01LARS E. NESTE2019-07-29 LARS E. NESTE2019-07-29
0012017-01-01LARS E. NESTE2018-09-19 LARS E. NESTE2018-09-19
0012016-01-01LARS NESTE2017-09-08 LARS NESTE2017-09-08
0012015-01-01LARS NESTE2016-04-13 LARS NESTE2016-04-13
0012014-01-01LARS E. NESTE2015-03-10 LARS E. NESTE2015-03-10
0012013-01-01LARS E. NESTE2014-07-18 LARS E. NESTE2014-07-18
0012012-01-01MELANIE LEARY2013-07-30 MELANIE LEARY2013-07-30
0012011-01-01MELANIE LEARY2012-07-31 MELANIE LEARY2012-07-31
0012010-01-01MELANIE LEARY2011-08-17 MELANIE LEARY2011-08-17

Plan Statistics for DEMCO LAW FIRM 401(K) PLAN

401k plan membership statisitcs for DEMCO LAW FIRM 401(K) PLAN

Measure Date Value
2025: DEMCO LAW FIRM 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-2220
Total number of particpants at end of year2025-07-2220
Number of Participants With Account Balances2025-07-2220
2024: DEMCO LAW FIRM 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-2422
Total number of particpants at end of year2024-04-2420
Number of Participants With Account Balances2024-04-2420
2022: DEMCO LAW FIRM 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-03-3122
Total number of particpants at end of year2022-03-3122
Number of Participants With Account Balances2022-03-3122

Financial Data on DEMCO LAW FIRM 401(K) PLAN

Measure Date Value
2025 : DEMCO LAW FIRM 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-220
Total liabilities as of the end of the plan year2025-07-220
Total liabilities as of the beginning of the plan year2025-07-220
Total expenses incurred by plan in this plan year2025-07-2240119
Net assets as of the end of the plan year2025-07-223173265
Total assets as of the beginning of the plan year2025-07-222669318
Value of plan covered by a fidelity bond2025-07-22200000
Participant contributions to plan in this plan year2025-07-22181242
Value of participant loans at end of plan year2025-07-2210037
Other expenses paid from plan in this plan year2025-07-220
Other contributions to plan in this plan year2025-07-220
Other income to plan in this plan year2025-07-22290883
Plan net income in this plan year2025-07-22503947
Net assets as of the end of the plan year2025-07-223173265
Net assets as of the beginning of the plan year2025-07-222669318
Employer contributions to plan in this plan year2025-07-2271941
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2224598
2024 : DEMCO LAW FIRM 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-240
Total expenses incurred by plan in this plan year2024-04-24128821
Net assets as of the end of the plan year2024-04-242669318
Total assets as of the beginning of the plan year2024-04-242210140
Value of plan covered by a fidelity bond2024-04-24200000
Participant contributions to plan in this plan year2024-04-24159494
Value of participant loans at end of plan year2024-04-2414203
Other expenses paid from plan in this plan year2024-04-240
Other contributions to plan in this plan year2024-04-240
Other income to plan in this plan year2024-04-24366734
Plan net income in this plan year2024-04-24459178
Net assets as of the end of the plan year2024-04-242669318
Net assets as of the beginning of the plan year2024-04-242210140
Employer contributions to plan in this plan year2024-04-2461771
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-2418653
2022 : DEMCO LAW FIRM 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-03-310
Total expenses incurred by plan in this plan year2022-03-3172680
Net assets as of the end of the plan year2022-03-312535724
Total assets as of the beginning of the plan year2022-03-312068133
Value of plan covered by a fidelity bond2022-03-31500000
Participant contributions to plan in this plan year2022-03-31145211
Value of participant loans at end of plan year2022-03-3121551
Other contributions to plan in this plan year2022-03-310
Other income to plan in this plan year2022-03-31337716
Plan net income in this plan year2022-03-31467591
Net assets as of the end of the plan year2022-03-312535724
Net assets as of the beginning of the plan year2022-03-312068133
Employer contributions to plan in this plan year2022-03-3157344
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-3118441

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