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BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameBROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN
Plan identification number 001

BROWN & NACHMAN LLC 401(K) 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.
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

BROWN & NACHMAN LLC has sponsored the creation of one or more 401k plans.

Company Name:BROWN & NACHMAN LLC
Employer identification number (EIN):431798135
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01THOMAS C BROWN

Plan Statistics for BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2009: BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Total number of active participants reported on line 7a of the Form 55002009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-012
Total participants2009-01-012
Number of participants with account balances2009-01-012

Financial Data on BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2010 : BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$36,953
Expenses. Total of all expenses incurred2010-12-31$55,054
Benefits paid (including direct rollovers)2010-12-31$55,054
Total plan assets at end of year2010-12-31$278,117
Total plan assets at beginning of year2010-12-31$296,218
Value of fidelity bond covering the plan2010-12-31$90,000
Other income received2010-12-31$36,953
Net income (gross income less expenses)2010-12-31$-18,101
Net plan assets at end of year (total assets less liabilities)2010-12-31$278,117
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$296,218

Form 5500 Responses for BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN

2009: BROWN & NACHMAN LLC 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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