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P & M TRADING, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameP & M TRADING, INC. PROFIT SHARING PLAN
Plan identification number 001

P & M TRADING, 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

P & M TRADING, INC. has sponsored the creation of one or more 401k plans.

Company Name:P & M TRADING, INC.
Employer identification number (EIN):274281068
NAIC Classification:423100

Additional information about P & M TRADING, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2009-05-26
Company Identification Number: 3814740
Legal Registered Office Address: 5101 11TH AVE.
Kings
BROOKLYN
United States of America (USA)
11219

More information about P & M TRADING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan P & M TRADING, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01MARY ELLEN BENNIES
0012016-01-01MARY ELLEN BENNIES
0012015-01-01MARY ELLEN BENNIES
0012014-01-01MARY ELLEN BENNIES
0012013-01-01MARY ELLEN BENNIES
0012012-01-01MARY ELLEN BENNIES
0012011-01-01MARY ELLEN BENNIES

Plan Statistics for P & M TRADING, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for P & M TRADING, INC. PROFIT SHARING PLAN

Measure Date Value
2019: P & M TRADING, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012
Total number of active participants reported on line 7a of the Form 55002019-01-010
Total of all active and inactive participants2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
2018: P & M TRADING, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-012
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-012
Number of participants with account balances2018-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: P & M TRADING, 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 balances2017-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: P & M TRADING, 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 balances2016-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: P & M TRADING, 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 balances2015-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: P & M TRADING, 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
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-012
Number of participants with account balances2014-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: P & M TRADING, 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 balances2013-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: P & M TRADING, 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
Total of all active and inactive participants2012-01-012
Total participants2012-01-012
Number of participants with account balances2012-01-012
2011: P & M TRADING, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012
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 balances2011-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on P & M TRADING, INC. PROFIT SHARING PLAN

Measure Date Value
2019 : P & M TRADING, INC. PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-02-28$46
Expenses. Total of all expenses incurred2019-02-28$444
Benefits paid (including direct rollovers)2019-02-28$444
Total plan assets at end of year2019-02-28$0
Total plan assets at beginning of year2019-02-28$398
Value of fidelity bond covering the plan2019-02-28$40,000
Other income received2019-02-28$46
Net income (gross income less expenses)2019-02-28$-398
Net plan assets at end of year (total assets less liabilities)2019-02-28$0
Net plan assets at beginning of year (total assets less liabilities)2019-02-28$398
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-02-28$0
2018 : P & M TRADING, INC. PROFIT SHARING PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$4,500
Total plan liabilities at beginning of year2018-12-31$30,500
Total income from all sources2018-12-31$2,204,968
Expenses. Total of all expenses incurred2018-12-31$1,443,498
Benefits paid (including direct rollovers)2018-12-31$1,443,483
Total plan assets at end of year2018-12-31$1,046,882
Total plan assets at beginning of year2018-12-31$311,412
Value of fidelity bond covering the plan2018-12-31$40,000
Total contributions received or receivable from participants2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$1,422,183
Other income received2018-12-31$782,785
Net income (gross income less expenses)2018-12-31$761,470
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,042,382
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$280,912
Assets. Value of employer securities2018-12-31$1,041,733
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$15
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : P & M TRADING, INC. PROFIT SHARING PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$30,500
Total income from all sources2017-12-31$36,414
Expenses. Total of all expenses incurred2017-12-31$184
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$311,412
Total plan assets at beginning of year2017-12-31$244,682
Value of fidelity bond covering the plan2017-12-31$40,000
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$27,664
Net income (gross income less expenses)2017-12-31$36,230
Net plan assets at end of year (total assets less liabilities)2017-12-31$280,912
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$244,682
Assets. Value of employer securities2017-12-31$257,931
Total contributions received or receivable from employer(s)2017-12-31$8,750
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$184
2016 : P & M TRADING, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$24,284
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$244,682
Total plan assets at beginning of year2016-12-31$220,398
Value of fidelity bond covering the plan2016-12-31$40,000
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$21,284
Net income (gross income less expenses)2016-12-31$24,284
Net plan assets at end of year (total assets less liabilities)2016-12-31$244,682
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$220,398
Assets. Value of employer securities2016-12-31$227,292
Total contributions received or receivable from employer(s)2016-12-31$3,000
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : P & M TRADING, INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$20,045
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$220,398
Total plan assets at beginning of year2015-12-31$200,353
Value of fidelity bond covering the plan2015-12-31$40,000
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$16,045
Net income (gross income less expenses)2015-12-31$20,045
Net plan assets at end of year (total assets less liabilities)2015-12-31$220,398
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$200,353
Assets. Value of employer securities2015-12-31$207,734
Total contributions received or receivable from employer(s)2015-12-31$4,000
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : P & M TRADING, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$-73,136
Expenses. Total of all expenses incurred2014-12-31$16
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$200,353
Total plan assets at beginning of year2014-12-31$273,505
Value of fidelity bond covering the plan2014-12-31$40,000
Total contributions received or receivable from participants2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$-77,136
Net income (gross income less expenses)2014-12-31$-73,152
Net plan assets at end of year (total assets less liabilities)2014-12-31$200,353
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$273,505
Assets. Value of employer securities2014-12-31$190,267
Total contributions received or receivable from employer(s)2014-12-31$4,000
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$16
2013 : P & M TRADING, INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$146,491
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$273,505
Total plan assets at beginning of year2013-12-31$127,014
Value of fidelity bond covering the plan2013-12-31$40,000
Total contributions received or receivable from participants2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$142,491
Net income (gross income less expenses)2013-12-31$146,491
Net plan assets at end of year (total assets less liabilities)2013-12-31$273,505
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$127,014
Assets. Value of employer securities2013-12-31$265,504
Total contributions received or receivable from employer(s)2013-12-31$4,000
Value of certain deemed distributions of participant loans2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : P & M TRADING, INC. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$118,312
Total plan assets at end of year2012-12-31$127,014
Total plan assets at beginning of year2012-12-31$8,702
Value of fidelity bond covering the plan2012-12-31$40,000
Noncash contributions received2012-12-31$114,312
Net income (gross income less expenses)2012-12-31$118,312
Net plan assets at end of year (total assets less liabilities)2012-12-31$127,014
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$8,702
Assets. Value of employer securities2012-12-31$123,014
Total contributions received or receivable from employer(s)2012-12-31$4,000
2011 : P & M TRADING, INC. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-279,567
Expenses. Total of all expenses incurred2011-12-31$25,087
Benefits paid (including direct rollovers)2011-12-31$25,087
Total plan assets at end of year2011-12-31$8,702
Total plan assets at beginning of year2011-12-31$313,356
Total contributions received or receivable from participants2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-279,567
Net income (gross income less expenses)2011-12-31$-304,654
Net plan assets at end of year (total assets less liabilities)2011-12-31$8,702
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$313,356
Assets. Value of employer securities2011-12-31$8,702
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 : P & M TRADING, INC. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$313,356
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$313,356
Total plan assets at beginning of year2010-12-31$0
Total contributions received or receivable from participants2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$313,352
Other income received2010-12-31$4
Net income (gross income less expenses)2010-12-31$313,356
Net plan assets at end of year (total assets less liabilities)2010-12-31$313,356
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$0

Form 5500 Responses for P & M TRADING, INC. PROFIT SHARING PLAN

2019: P & M TRADING, INC. PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingYes
2019-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: P & M TRADING, INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: P & M TRADING, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: P & M TRADING, 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: P & M TRADING, 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: P & M TRADING, 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: P & M TRADING, 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: P & M TRADING, 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: P & M TRADING, 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

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