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G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN 401k Plan overview

Plan NameG. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN
Plan identification number 002

G. GOLDBERG CO., INC. NEW COMPARABILITY 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.
  • 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

G. GOLDBERG CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:G. GOLDBERG CO., INC.
Employer identification number (EIN):042630860
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01PHILIP A. GOLDBERG2017-09-18
0022015-01-01PHILIP A. GOLDBERG2016-04-07
0022014-01-01PHILIP A. GOLDBERG2015-06-24
0022013-01-01PHILIP A. GOLDBERG2014-06-23
0022012-01-01PHILIP A. GOLDBERG2013-07-08
0022011-01-01PHILIP A. GOLDBERG2012-07-12
0022009-01-01PHILIP A. GOLDBERG

Plan Statistics for G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN

401k plan membership statisitcs for G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN

Measure Date Value
2009: G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-016
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-017
Total participants2009-01-017
Number of participants with account balances2009-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN

Measure Date Value
2010 : G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$128,225
Expenses. Total of all expenses incurred2010-12-31$30,560
Benefits paid (including direct rollovers)2010-12-31$25,000
Total plan assets at end of year2010-12-31$1,770,935
Total plan assets at beginning of year2010-12-31$1,673,270
Value of fidelity bond covering the plan2010-12-31$375,000
Assets. Value of loans (other than to participants)2010-12-31$375,000
Expenses. Other expenses not covered elsewhere2010-12-31$5,560
Other income received2010-12-31$32,653
Net income (gross income less expenses)2010-12-31$97,665
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,770,935
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,673,270
Total contributions received or receivable from employer(s)2010-12-31$95,572

Form 5500 Responses for G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN

2009: G. GOLDBERG CO., INC. NEW COMPARABILITY PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LAFAYETTE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65242 )
Policy contract numberC1865
Policy instance 1
Insurance contract or identification numberC1865
Number of Individuals Covered1
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Are there contracts with allocated funds for individual policies?Yes

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