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BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameBROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

BROWN & COMPANY JEWELERS, INC. has sponsored the creation of one or more 401k plans.

Company Name:BROWN & COMPANY JEWELERS, INC.
Employer identification number (EIN):581190252
NAIC Classification:448310
NAIC Description:Jewelry Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-08-01
0012022-08-01
0012021-08-01
0012020-08-01
0012019-08-01
0012018-08-01
0012017-08-01
0012016-08-01
0012015-08-01BRIAN COOPER2016-08-22 BRIAN COOPER2016-08-22
0012014-08-01BRIAN COOPER2015-09-03 BRIAN COOPER2015-09-03
0012013-08-01BRIAN COOPER2014-09-17 BRIAN COOPER2014-09-17
0012012-08-01BRIAN COOPER2013-09-10 BRIAN COOPER2013-09-10
0012011-08-01DAVID TEACH2012-09-24 DAVID TEACH2012-09-24
0012010-08-01BARBARA HARRIS2012-01-20 BARBARA HARRIS2012-01-25
0012008-08-01BARBARA HARRIS

Plan Statistics for BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2008: BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year2008-08-0141
Total number of active participants reported on line 7a of the Form 55002008-08-0138
Number of other retired or separated participants entitled to future benefits2008-08-013
Total of all active and inactive participants2008-08-0141
Total participants2008-08-0141
Number of participants with account balances2008-08-0138

Financial Data on BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2009 : BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total income from all sources2009-07-31$-53,331
Expenses. Total of all expenses incurred2009-07-31$22,723
Benefits paid (including direct rollovers)2009-07-31$11,224
Total plan assets at end of year2009-07-31$1,233,848
Total plan assets at beginning of year2009-07-31$1,309,902
Total contributions received or receivable from participants2009-07-31$93,267
Expenses. Other expenses not covered elsewhere2009-07-31$11,499
Other income received2009-07-31$-180,897
Net income (gross income less expenses)2009-07-31$-76,054
Net plan assets at end of year (total assets less liabilities)2009-07-31$1,233,848
Net plan assets at beginning of year (total assets less liabilities)2009-07-31$1,309,902
Assets. Value of participant loans2009-07-31$78,854
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022009-07-31$18,000
Total contributions received or receivable from employer(s)2009-07-31$34,299

Form 5500 Responses for BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN

2008: BROWN & COMPANY JEWELERS, INC. 401(K) PROFIT SHARING PLAN 2008 form 5500 responses
2008-08-01Type of plan entitySingle employer plan
2008-08-01Submission has been amendedNo
2008-08-01This submission is the final filingNo
2008-08-01This return/report is a short plan year return/report (less than 12 months)No
2008-08-01Plan is a collectively bargained planNo
2008-08-01Plan funding arrangement – InsuranceYes
2008-08-01Plan funding arrangement – TrustYes
2008-08-01Plan benefit arrangement – InsuranceYes
2008-08-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number441462
Policy instance 1
Insurance contract or identification number441462
Number of Individuals Covered41
Insurance policy start date2008-08-01
Insurance policy end date2009-07-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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