401k Plan data: MARK SHALE PROFIT SHARING RETIREMENT PLAN plan

MARK SHALE PROFIT SHARING RETIREMENT PLAN 401k Plan overview

Plan Name	MARK SHALE PROFIT SHARING RETIREMENT PLAN
Plan identification number	001

MARK SHALE PROFIT SHARING RETIREMENT PLAN Benefits

401k Plan Type

Defined 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.
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.
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

MS MARK SHALE LLC has sponsored the creation of one or more 401k plans.

Company Name: MS MARK SHALE LLC

Employer identification number (EIN): 270480522

NAIC Classification: 448190
NAIC Description: Other Clothing Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARK SHALE PROFIT SHARING RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 THOMAS RUSCIOLELLI
001 2009-01-01 THOMAS RUSCIOLELLI

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	THOMAS RUSCIOLELLI
001	2009-01-01	THOMAS RUSCIOLELLI

Plan Statistics for MARK SHALE PROFIT SHARING RETIREMENT PLAN

401k plan membership statisitcs for MARK SHALE PROFIT SHARING RETIREMENT PLAN

Measure Date Value
2011: MARK SHALE PROFIT SHARING RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 129
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 89
Number of retired or separated participants receiving benefits 2011-01-01 2
Number of other retired or separated participants entitled to future benefits 2011-01-01 34
Total of all active and inactive participants 2011-01-01 125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 2
Total participants 2011-01-01 127
Number of participants with account balances 2011-01-01 96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: MARK SHALE PROFIT SHARING RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 203
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 164
Number of retired or separated participants receiving benefits 2009-01-01 2
Number of other retired or separated participants entitled to future benefits 2009-01-01 43
Total of all active and inactive participants 2009-01-01 209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 209
Number of participants with account balances 2009-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: MARK SHALE PROFIT SHARING RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	129
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	89
Number of retired or separated participants receiving benefits	2011-01-01	2
Number of other retired or separated participants entitled to future benefits	2011-01-01	34
Total of all active and inactive participants	2011-01-01	125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	2
Total participants	2011-01-01	127
Number of participants with account balances	2011-01-01	96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: MARK SHALE PROFIT SHARING RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	203
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	164
Number of retired or separated participants receiving benefits	2009-01-01	2
Number of other retired or separated participants entitled to future benefits	2009-01-01	43
Total of all active and inactive participants	2009-01-01	209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	209
Number of participants with account balances	2009-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on MARK SHALE PROFIT SHARING RETIREMENT PLAN

Measure	Date	Value
2011 : MARK SHALE PROFIT SHARING RETIREMENT PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$168,065
Total of all expenses incurred	2011-12-31	$1,189,982
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,176,870
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$259,874
Value of total assets at end of year	2011-12-31	$13,058,489
Value of total assets at beginning of year	2011-12-31	$14,080,406
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$13,112
Total interest from all sources	2011-12-31	$7,040
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$386,892
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$386,892
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$259,874
Participant contributions at end of year	2011-12-31	$105,438
Participant contributions at beginning of year	2011-12-31	$130,147
Administrative expenses (other) incurred	2011-12-31	$13,112
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-1,021,917
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$13,058,489
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$14,080,406
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$12,768,100
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$13,512,005
Interest on participant loans	2011-12-31	$7,017
Value of interest in common/collective trusts at end of year	2011-12-31	$184,951
Value of interest in common/collective trusts at beginning of year	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$438,254
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$438,254
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$23
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-486,378
Net investment gain or loss from common/collective trusts	2011-12-31	$637
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,176,870
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	WOLF & COMPANY LLP
Accountancy firm EIN	2011-12-31	362985665
2010 : MARK SHALE PROFIT SHARING RETIREMENT PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,929,741
Total of all expenses incurred	2010-12-31	$962,053
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$957,767
Value of total corrective distributions	2010-12-31	$2,936
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$306,604
Value of total assets at end of year	2010-12-31	$14,080,406
Value of total assets at beginning of year	2010-12-31	$13,112,718
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,350
Total interest from all sources	2010-12-31	$7,215
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$322,808
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$322,808
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$260,470
Participant contributions at end of year	2010-12-31	$130,147
Participant contributions at beginning of year	2010-12-31	$113,044
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$46,134
Administrative expenses (other) incurred	2010-12-31	$1,350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$967,688
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$14,080,406
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$13,112,718
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$13,512,005
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$12,563,758
Interest on participant loans	2010-12-31	$7,141
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$438,254
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$435,916
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$435,916
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$74
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,293,114
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$957,767
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	WOLF&COMPANY LLP
Accountancy firm EIN	2010-12-31	362985665
2009 : MARK SHALE PROFIT SHARING RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MARK SHALE PROFIT SHARING RETIREMENT PLAN

2011: MARK SHALE PROFIT SHARING RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: MARK SHALE PROFIT SHARING RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MS MARK SHALE LLC
Employer identification number (EIN):	270480522
NAIC Classification:	448190
NAIC Description:	Other Clothing Stores