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SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN
Plan identification number 001

SCOTT & SCOTT, LLP 401(K) 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.
  • Plan covering Self-Employed individuals.
  • 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

SCOTT & SCOTT, LLP has sponsored the creation of one or more 401k plans.

Company Name:SCOTT & SCOTT, LLP
Employer identification number (EIN):260078565
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROBERT J SCOTT2024-08-01 ROBERT J SCOTT2024-08-01
0012022-01-01ROBERT J. SCOTT2023-07-26 ROBERT J. SCOTT2023-07-26
0012021-01-01ROBERT J. SCOTT2022-08-01 ROBERT J. SCOTT2022-08-01
0012020-01-01ROBERT J. SCOTT2021-07-27 ROBERT J. SCOTT2021-07-27
0012019-01-01ROBERT J. SCOTT2020-07-31 ROBERT J. SCOTT2020-07-31
0012018-01-01KRISTI RATLIFF2019-06-28
0012017-01-01PAMELA BUNCH2018-07-27 PAMELA BUNCH2018-07-27
0012016-01-01KRISTI RATLIFF2017-07-12
0012015-01-01KRISTI RATLIFF
0012014-01-01KRISTI RATLIFF
0012013-01-01ROBERT J. SCOTT2014-07-31 ROBERT J. SCOTT2014-07-31
0012012-01-01ROBERT J SCOTT ROBERT J SCOTT2013-10-14
0012011-01-01ROBERT J. SCOTT
0012010-01-01ROBERT J. SCOTT
0012009-01-01ROBERT J. SCOTT

Plan Statistics for SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN

Measure Date Value
2015: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0114
Total number of active participants reported on line 7a of the Form 55002015-01-0111
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0113
Number of participants with account balances2015-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0113
Total number of active participants reported on line 7a of the Form 55002014-01-0110
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0113
Number of participants with account balances2014-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0115
Total number of active participants reported on line 7a of the Form 55002013-01-0110
Number of retired or separated participants receiving benefits2013-01-014
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0114
Number of participants with account balances2013-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0117
Total number of active participants reported on line 7a of the Form 55002012-01-0112
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0115
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0117
Total number of active participants reported on line 7a of the Form 55002011-01-0112
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0116
Number of participants with account balances2011-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0116
Total number of active participants reported on line 7a of the Form 55002010-01-0112
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0116
Number of participants with account balances2010-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0113
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0116
Number of participants with account balances2009-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN

Measure Date Value
2015 : SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$119,511
Expenses. Total of all expenses incurred2015-12-31$1,251
Benefits paid (including direct rollovers)2015-12-31$105
Total plan assets at end of year2015-12-31$1,939,952
Total plan assets at beginning of year2015-12-31$1,821,692
Total contributions received or receivable from participants2015-12-31$108,629
Expenses. Other expenses not covered elsewhere2015-12-31$417
Other income received2015-12-31$-32,910
Net income (gross income less expenses)2015-12-31$118,260
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,939,952
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,821,692
Assets. Value of participant loans2015-12-31$42,396
Total contributions received or receivable from employer(s)2015-12-31$43,792
Value of corrective distributions2015-12-31$729
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$235,018
Expenses. Total of all expenses incurred2014-12-31$1,427
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$1,820,668
Total plan assets at beginning of year2014-12-31$1,587,077
Total contributions received or receivable from participants2014-12-31$101,118
Expenses. Other expenses not covered elsewhere2014-12-31$172
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$89,539
Net income (gross income less expenses)2014-12-31$233,591
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,820,668
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,587,077
Assets. Value of participant loans2014-12-31$47,334
Total contributions received or receivable from employer(s)2014-12-31$44,361
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$1,255
2013 : SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$306,725
Expenses. Total of all expenses incurred2013-12-31$21,017
Benefits paid (including direct rollovers)2013-12-31$14,197
Total plan assets at end of year2013-12-31$1,587,077
Total plan assets at beginning of year2013-12-31$1,301,369
Total contributions received or receivable from participants2013-12-31$92,775
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$173,561
Net income (gross income less expenses)2013-12-31$285,708
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,587,077
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,301,369
Assets. Value of participant loans2013-12-31$56,592
Total contributions received or receivable from employer(s)2013-12-31$40,389
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$6,820
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$258,488
Expenses. Total of all expenses incurred2012-12-31$332,485
Benefits paid (including direct rollovers)2012-12-31$311,860
Total plan assets at end of year2012-12-31$1,301,369
Total plan assets at beginning of year2012-12-31$1,375,366
Total contributions received or receivable from participants2012-12-31$91,879
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$119,193
Net income (gross income less expenses)2012-12-31$-73,997
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,301,369
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,375,366
Assets. Value of participant loans2012-12-31$40,062
Total contributions received or receivable from employer(s)2012-12-31$47,416
Value of certain deemed distributions of participant loans2012-12-31$20,625
Value of corrective distributions2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$41,222
Expenses. Total of all expenses incurred2011-12-31$90,675
Benefits paid (including direct rollovers)2011-12-31$87,650
Total plan assets at end of year2011-12-31$1,375,366
Total plan assets at beginning of year2011-12-31$1,424,819
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$74,177
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-43,597
Net income (gross income less expenses)2011-12-31$-49,453
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,375,366
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,424,819
Assets. Value of participant loans2011-12-31$90,419
Total contributions received or receivable from employer(s)2011-12-31$10,642
Value of certain deemed distributions of participant loans2011-12-31$3,025
Value of corrective distributions2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$562,995
Expenses. Total of all expenses incurred2010-12-31$43,138
Benefits paid (including direct rollovers)2010-12-31$43,138
Total plan assets at end of year2010-12-31$1,424,819
Total plan assets at beginning of year2010-12-31$904,962
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$68,468
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$343,646
Other income received2010-12-31$113,435
Net income (gross income less expenses)2010-12-31$519,857
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,424,819
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$904,962
Assets. Value of participant loans2010-12-31$114,643
Total contributions received or receivable from employer(s)2010-12-31$37,446
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0

Form 5500 Responses for SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN

2015: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SCOTT & SCOTT, LLP 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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