401k Plan data: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN plan

FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 401k Plan overview

Plan Name	FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN
Plan identification number	001

FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

FRANCIS P. KARAM ESQ., P.C. has sponsored the creation of one or more 401k plans.

Company Name: FRANCIS P. KARAM ESQ., P.C.

Employer identification number (EIN): 460816861

NAIC Classification: 541190

Additional information about FRANCIS P. KARAM ESQ., P.C.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 2012-08-15

Company Identification Number: 4283945

Legal Registered Office Address: 20 BESBROSSES ST., APT. 1W
New York
NEW YORK
United States of America (USA)
10013

More information about FRANCIS P. KARAM ESQ., P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 FRANCIS P KARAM FRANCIS P KARAM 2016-01-26
001 2013-01-01 FRANCIS KARAM FRANCIS KARAM 2014-10-06
001 2012-08-15 FRANCIS KARAM FRANCIS KARAM 2013-10-03

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2014-01-01	FRANCIS P KARAM	FRANCIS P KARAM	2016-01-26
001	2013-01-01	FRANCIS KARAM	FRANCIS KARAM	2014-10-06
001	2012-08-15	FRANCIS KARAM	FRANCIS KARAM	2013-10-03

Plan Statistics for FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN

401k plan membership statisitcs for FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN

Measure Date Value
2014: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 1
Total of all active and inactive participants 2014-01-01 1
Total participants 2014-01-01 1
Number of participants with account balances 2014-01-01 1
2013: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 1
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 1
Number of participants with account balances 2013-01-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-08-15 1
Total number of active participants reported on line 7a of the Form 5500 2012-08-15 1
Number of retired or separated participants receiving benefits 2012-08-15 0
Number of other retired or separated participants entitled to future benefits 2012-08-15 0
Total of all active and inactive participants 2012-08-15 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-08-15 0
Total participants 2012-08-15 1
Number of participants with account balances 2012-08-15 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-08-15 0

Measure	Date	Value
2014: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	1
Total of all active and inactive participants	2014-01-01	1
Total participants	2014-01-01	1
Number of participants with account balances	2014-01-01	1
2013: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	1
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	1
Number of participants with account balances	2013-01-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-08-15	1
Total number of active participants reported on line 7a of the Form 5500	2012-08-15	1
Number of retired or separated participants receiving benefits	2012-08-15	0
Number of other retired or separated participants entitled to future benefits	2012-08-15	0
Total of all active and inactive participants	2012-08-15	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-08-15	0
Total participants	2012-08-15	1
Number of participants with account balances	2012-08-15	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-08-15	0

Financial Data on FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN

Measure	Date	Value
2014 : FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$-13,849
Expenses. Total of all expenses incurred	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$410,073
Total plan assets at beginning of year	2014-12-31	$423,922
Value of fidelity bond covering the plan	2014-12-31	$45,000
Other income received	2014-12-31	$-13,849
Net income (gross income less expenses)	2014-12-31	$-13,849
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$410,073
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$423,922
Assets. Value of employer securities	2014-12-31	$191,510
2013 : FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total income from all sources	2013-12-31	$-322,792
Expenses. Total of all expenses incurred	2013-12-31	$90
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$423,922
Total plan assets at beginning of year	2013-12-31	$746,804
Value of fidelity bond covering the plan	2013-12-31	$45,000
Total contributions received or receivable from participants	2013-12-31	$0
Expenses. Other expenses not covered elsewhere	2013-12-31	$90
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$-322,792
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$-322,882
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$423,922
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$746,804
Assets. Value of employer securities	2013-12-31	$191,510
Total contributions received or receivable from employer(s)	2013-12-31	$0
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0
2012 : FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total income from all sources	2012-12-31	$746,819
Expenses. Total of all expenses incurred	2012-12-31	$15
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$746,804
Total plan assets at beginning of year	2012-12-31	$0
Value of fidelity bond covering the plan	2012-12-31	$75,000
Total contributions received or receivable from participants	2012-12-31	$0
Expenses. Other expenses not covered elsewhere	2012-12-31	$15
Contributions received from other sources (not participants or employers)	2012-12-31	$746,819
Other income received	2012-12-31	$0
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$746,804
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$746,804
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$0
Assets. Value of employer securities	2012-12-31	$300,000
Total contributions received or receivable from employer(s)	2012-12-31	$0
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0

Form 5500 Responses for FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN

2014: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FRANCIS P. KARAM ESQ., P.C. PROFIT SHARING PLAN 2012 form 5500 responses
2012-08-15	Type of plan entity	Single employer plan
2012-08-15	First time form 5500 has been submitted	Yes
2012-08-15	Submission has been amended	No
2012-08-15	This submission is the final filing	No
2012-08-15	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-08-15	Plan is a collectively bargained plan	No
2012-08-15	Plan funding arrangement – Trust	Yes
2012-08-15	Plan benefit arrangement - Trust	Yes

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Company Name:	FRANCIS P. KARAM ESQ., P.C.
Employer identification number (EIN):	460816861
NAIC Classification:	541190

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	2012-08-15
Company Identification Number:	4283945
Legal Registered Office Address:	20 BESBROSSES ST., APT. 1W New York NEW YORK United States of America (USA) 10013