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MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameMARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN
Plan identification number 001

MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

MARK ADAMS ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name:MARK ADAMS ENTERPRISES, INC.
Employer identification number (EIN):270852070
NAIC Classification:812320
NAIC Description:Drycleaning and Laundry Services (except Coin-Operated)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01MARK ADAMS
0012016-01-01MARK A. ADAMS
0012015-01-01MARK A. ADAMS
0012014-01-01MARK ADAMS
0012013-01-01MARK ADAMS
0012012-01-01MARK A. ADAMS
0012011-01-01MARK A. ADAMS
0012010-01-01MARK ADAMS
0012009-08-26MARK ADAMS

Plan Statistics for MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN

Measure Date Value
2017: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-012
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012
Total number of active participants reported on line 7a of the Form 55002015-01-012
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-012
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012
Total number of active participants reported on line 7a of the Form 55002014-01-012
Total of all active and inactive participants2014-01-012
Total participants2014-01-012
Number of participants with account balances2014-01-011
2013: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012
Total number of active participants reported on line 7a of the Form 55002013-01-012
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-012
Number of participants with account balances2013-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012
Total number of active participants reported on line 7a of the Form 55002012-01-012
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-012
Number of participants with account balances2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-012
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-012
Number of participants with account balances2011-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-011
Total number of active participants reported on line 7a of the Form 55002010-01-011
Total of all active and inactive participants2010-01-011
Total participants2010-01-011
Number of participants with account balances2010-01-011
2009: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-08-261
Total number of active participants reported on line 7a of the Form 55002009-08-261
Total of all active and inactive participants2009-08-261
Total participants2009-08-261
Number of participants with account balances2009-08-261

Financial Data on MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN

Measure Date Value
2017 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$-24,343
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$31,000
Total plan assets at beginning of year2017-12-31$55,343
Total contributions received or receivable from participants2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$-24,343
Net income (gross income less expenses)2017-12-31$-24,343
Net plan assets at end of year (total assets less liabilities)2017-12-31$31,000
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$55,343
Assets. Value of employer securities2017-12-31$31,000
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$-175,238
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$55,343
Total plan assets at beginning of year2016-12-31$230,581
Total contributions received or receivable from participants2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$-175,238
Net income (gross income less expenses)2016-12-31$-175,238
Net plan assets at end of year (total assets less liabilities)2016-12-31$55,343
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$230,581
Assets. Value of employer securities2016-12-31$55,343
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$115,284
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$230,581
Total plan assets at beginning of year2015-12-31$115,297
Total contributions received or receivable from participants2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$115,284
Net income (gross income less expenses)2015-12-31$115,284
Net plan assets at end of year (total assets less liabilities)2015-12-31$230,581
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$115,297
Assets. Value of employer securities2015-12-31$230,581
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$41,507
Total plan assets at end of year2014-12-31$115,297
Total plan assets at beginning of year2014-12-31$73,790
Other income received2014-12-31$41,507
Net income (gross income less expenses)2014-12-31$41,507
Net plan assets at end of year (total assets less liabilities)2014-12-31$115,297
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$73,790
Assets. Value of employer securities2014-12-31$115,297
2013 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$-25,053
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$73,790
Total plan assets at beginning of year2013-12-31$98,843
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$45,820
Other income received2013-12-31$-70,873
Net income (gross income less expenses)2013-12-31$-25,053
Net plan assets at end of year (total assets less liabilities)2013-12-31$73,790
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$98,843
Assets. Value of employer securities2013-12-31$73,790
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$-4,942
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$98,843
Total plan assets at beginning of year2012-12-31$103,785
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$-4,942
Net income (gross income less expenses)2012-12-31$-4,942
Net plan assets at end of year (total assets less liabilities)2012-12-31$98,843
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$103,785
Assets. Value of employer securities2012-12-31$98,843
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
2011 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$4,942
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$103,785
Total plan assets at beginning of year2011-12-31$98,843
Value of fidelity bond covering the plan2011-12-31$20,000
Total contributions received or receivable from participants2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$4,942
Net income (gross income less expenses)2011-12-31$4,942
Net plan assets at end of year (total assets less liabilities)2011-12-31$103,785
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$98,843
Assets. Value of employer securities2011-12-31$103,785
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
2010 : MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$12,567
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$98,843
Total plan assets at beginning of year2010-12-31$86,276
Other income received2010-12-31$12,567
Net income (gross income less expenses)2010-12-31$12,567
Net plan assets at end of year (total assets less liabilities)2010-12-31$98,843
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$86,276
Assets. Value of employer securities2010-12-31$98,843

Form 5500 Responses for MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN

2017: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MARK ADAMS ENTERPRISES, INC. 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: MARK ADAMS ENTERPRISES, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-08-26Type of plan entitySingle employer plan
2009-08-26First time form 5500 has been submittedYes
2009-08-26Submission has been amendedNo
2009-08-26This submission is the final filingNo
2009-08-26This return/report is a short plan year return/report (less than 12 months)Yes
2009-08-26Plan is a collectively bargained planNo
2009-08-26Plan funding arrangement – TrustYes
2009-08-26Plan benefit arrangement - TrustYes

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