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REID & REID ASSOCIATES, INC. RETIREMENT PLAN 401k Plan overview

Plan NameREID & REID ASSOCIATES, INC. RETIREMENT PLAN
Plan identification number 001

REID & REID ASSOCIATES, INC. RETIREMENT 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

REID & REID ASSOCIATES, INC. has sponsored the creation of one or more 401k plans.

Company Name:REID & REID ASSOCIATES, INC.
Employer identification number (EIN):810827341
NAIC Classification:812990
NAIC Description:All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan REID & REID ASSOCIATES, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-10-01JOHN P. REID
0012015-12-15JOHN P. REID

Plan Statistics for REID & REID ASSOCIATES, INC. RETIREMENT PLAN

401k plan membership statisitcs for REID & REID ASSOCIATES, INC. RETIREMENT PLAN

Measure Date Value
2016: REID & REID ASSOCIATES, INC. RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-10-012
Total number of active participants reported on line 7a of the Form 55002016-10-012
Number of retired or separated participants receiving benefits2016-10-010
Number of other retired or separated participants entitled to future benefits2016-10-010
Total of all active and inactive participants2016-10-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-10-010
Total participants2016-10-012
Number of participants with account balances2016-10-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-10-010
2015: REID & REID ASSOCIATES, INC. RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-12-152
Total number of active participants reported on line 7a of the Form 55002015-12-152
Number of retired or separated participants receiving benefits2015-12-150
Number of other retired or separated participants entitled to future benefits2015-12-150
Total of all active and inactive participants2015-12-152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-12-150
Total participants2015-12-152
Number of participants with account balances2015-12-151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-12-150

Financial Data on REID & REID ASSOCIATES, INC. RETIREMENT PLAN

Measure Date Value
2017 : REID & REID ASSOCIATES, INC. RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-09-30$9,995
Expenses. Total of all expenses incurred2017-09-30$0
Benefits paid (including direct rollovers)2017-09-30$0
Total plan assets at end of year2017-09-30$239,897
Total plan assets at beginning of year2017-09-30$229,902
Total contributions received or receivable from participants2017-09-30$0
Contributions received from other sources (not participants or employers)2017-09-30$0
Other income received2017-09-30$9,995
Net income (gross income less expenses)2017-09-30$9,995
Net plan assets at end of year (total assets less liabilities)2017-09-30$239,897
Net plan assets at beginning of year (total assets less liabilities)2017-09-30$229,902
Assets. Value of employer securities2017-09-30$239,895
Total contributions received or receivable from employer(s)2017-09-30$0
Value of certain deemed distributions of participant loans2017-09-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-09-30$0
2016 : REID & REID ASSOCIATES, INC. RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-09-30$229,902
Expenses. Total of all expenses incurred2016-09-30$0
Benefits paid (including direct rollovers)2016-09-30$0
Total plan assets at end of year2016-09-30$229,902
Total contributions received or receivable from participants2016-09-30$0
Contributions received from other sources (not participants or employers)2016-09-30$229,308
Other income received2016-09-30$594
Net income (gross income less expenses)2016-09-30$229,902
Net plan assets at end of year (total assets less liabilities)2016-09-30$229,902
Assets. Value of employer securities2016-09-30$229,900
Total contributions received or receivable from employer(s)2016-09-30$0
Value of certain deemed distributions of participant loans2016-09-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-09-30$0

Form 5500 Responses for REID & REID ASSOCIATES, INC. RETIREMENT PLAN

2016: REID & REID ASSOCIATES, INC. RETIREMENT PLAN 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01Plan funding arrangement – TrustYes
2016-10-01Plan benefit arrangement - TrustYes
2015: REID & REID ASSOCIATES, INC. RETIREMENT PLAN 2015 form 5500 responses
2015-12-15Type of plan entitySingle employer plan
2015-12-15First time form 5500 has been submittedYes
2015-12-15This return/report is a short plan year return/report (less than 12 months)Yes
2015-12-15Plan funding arrangement – TrustYes
2015-12-15Plan benefit arrangement - TrustYes

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