401k Plan data: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN plan

INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN
Plan identification number	001

INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

INVESTORS CAPITAL HOLDINGS, LTD. has sponsored the creation of one or more 401k plans.

Company Name: INVESTORS CAPITAL HOLDINGS, LTD.

Employer identification number (EIN): 043284631

NAIC Classification: 523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 JEN RYAN KATHLEEN DONNELLY 2014-06-19
001 2012-01-01 JEN RYAN KATHLEEN DONNELLY 2013-08-13
001 2011-01-01 TERRY ERICKSON KATHLEEN DONNELLY 2012-07-30
001 2009-01-01 THERESA ERICKSON
001 2009-01-01 THERESA ERICKSON

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2013-01-01	JEN RYAN	KATHLEEN DONNELLY	2014-06-19
001	2012-01-01	JEN RYAN	KATHLEEN DONNELLY	2013-08-13
001	2011-01-01	TERRY ERICKSON	KATHLEEN DONNELLY	2012-07-30
001	2009-01-01	THERESA ERICKSON
001	2009-01-01	THERESA ERICKSON

Plan Statistics for INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 81
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 56
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 24
Total of all active and inactive participants 2013-01-01 80
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 80
Number of participants with account balances 2013-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 7
2012: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 104
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 57
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 23
Total of all active and inactive participants 2012-01-01 80
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 80
Number of participants with account balances 2012-01-01 78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 15
2011: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 78
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 25
Total of all active and inactive participants 2011-01-01 103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 103
Number of participants with account balances 2011-01-01 97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 9
2009: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 73
Number of retired or separated participants receiving benefits 2009-01-01 3
Number of other retired or separated participants entitled to future benefits 2009-01-01 10
Total of all active and inactive participants 2009-01-01 86
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 86
Number of participants with account balances 2009-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2013: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	81
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	56
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	24
Total of all active and inactive participants	2013-01-01	80
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	80
Number of participants with account balances	2013-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	7
2012: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	104
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	57
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	23
Total of all active and inactive participants	2012-01-01	80
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	80
Number of participants with account balances	2012-01-01	78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	15
2011: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	78
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	25
Total of all active and inactive participants	2011-01-01	103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	103
Number of participants with account balances	2011-01-01	97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	9
2009: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	73
Number of retired or separated participants receiving benefits	2009-01-01	3
Number of other retired or separated participants entitled to future benefits	2009-01-01	10
Total of all active and inactive participants	2009-01-01	86
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	86
Number of participants with account balances	2009-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2013 : INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$1,641,875
Expenses. Total of all expenses incurred	2013-12-31	$1,141,485
Benefits paid (including direct rollovers)	2013-12-31	$1,139,628
Total plan assets at end of year	2013-12-31	$3,926,078
Total plan assets at beginning of year	2013-12-31	$3,425,688
Value of fidelity bond covering the plan	2013-12-31	$4,000,000
Total contributions received or receivable from participants	2013-12-31	$213,430
Other income received	2013-12-31	$1,428,445
Net income (gross income less expenses)	2013-12-31	$500,390
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$3,926,078
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$3,425,688
Assets. Value of participant loans	2013-12-31	$60,908
Assets. Value of employer securities	2013-12-31	$2,070,810
Value of corrective distributions	2013-12-31	$357
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$1,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$213,314
Expenses. Total of all expenses incurred	2012-12-31	$250,780
Benefits paid (including direct rollovers)	2012-12-31	$249,019
Total plan assets at end of year	2012-12-31	$3,425,688
Total plan assets at beginning of year	2012-12-31	$3,463,154
Value of fidelity bond covering the plan	2012-12-31	$4,000,000
Total contributions received or receivable from participants	2012-12-31	$196,577
Other income received	2012-12-31	$16,737
Net income (gross income less expenses)	2012-12-31	$-37,466
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$3,425,688
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$3,463,154
Assets. Value of participant loans	2012-12-31	$67,796
Assets. Value of employer securities	2012-12-31	$1,395,884
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$1,761
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$305,307
Expenses. Total of all expenses incurred	2011-12-31	$180,511
Benefits paid (including direct rollovers)	2011-12-31	$179,699
Total plan assets at end of year	2011-12-31	$3,463,154
Total plan assets at beginning of year	2011-12-31	$3,338,358
Value of fidelity bond covering the plan	2011-12-31	$4,000,000
Total contributions received or receivable from participants	2011-12-31	$296,722
Expenses. Other expenses not covered elsewhere	2011-12-31	$12
Contributions received from other sources (not participants or employers)	2011-12-31	$30,457
Other income received	2011-12-31	$-21,872
Net income (gross income less expenses)	2011-12-31	$124,796
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$3,463,154
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,338,358
Assets. Value of participant loans	2011-12-31	$89,573
Assets. Value of employer securities	2011-12-31	$1,720,020
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$800
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$1,364,282
Expenses. Total of all expenses incurred	2010-12-31	$16,274
Benefits paid (including direct rollovers)	2010-12-31	$15,411
Total plan assets at end of year	2010-12-31	$3,338,358
Total plan assets at beginning of year	2010-12-31	$1,990,350
Value of fidelity bond covering the plan	2010-12-31	$4,000,000
Total contributions received or receivable from participants	2010-12-31	$251,426
Expenses. Other expenses not covered elsewhere	2010-12-31	$38
Other income received	2010-12-31	$1,112,856
Net income (gross income less expenses)	2010-12-31	$1,348,008
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,338,358
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,990,350
Assets. Value of participant loans	2010-12-31	$68,774
Assets. Value of employer securities	2010-12-31	$1,262,684
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$825
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2008 : INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2008 401k financial data
Unrealized appreciation/depreciation of real estate assets	2008-12-31	$-1,388,096
Total unrealized appreciation/depreciation of assets	2008-12-31	$-1,388,096
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2008-12-31	$2,343
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2008-12-31	$1,406
Total income from all sources (including contributions)	2008-12-31	$-690,260
Total of all expenses incurred	2008-12-31	$198,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2008-12-31	$197,250
Expenses. Certain deemed distributions of participant loans	2008-12-31	$1,056
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2008-12-31	$691,971
Value of total assets at end of year	2008-12-31	$1,851,017
Value of total assets at beginning of year	2008-12-31	$2,738,846
Total of administrative expenses incurred including professional, contract, advisory and management fees	2008-12-31	$200
Total interest from all sources	2008-12-31	$1,572
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2008-12-31	No
Administrative expenses professional fees incurred	2008-12-31	$200
Was this plan covered by a fidelity bond	2008-12-31	Yes
Value of fidelity bond cover	2008-12-31	$274,000
If this is an individual account plan, was there a blackout period	2008-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2008-12-31	No
Contributions received from participants	2008-12-31	$412,421
Participant contributions at end of year	2008-12-31	$12,415
Participant contributions at beginning of year	2008-12-31	$21,931
Participant contributions at end of year	2008-12-31	$8,345
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2008-12-31	$2,343
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2008-12-31	$1,406
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2008-12-31	No
Value of net income/loss	2008-12-31	$-888,766
Value of net assets at end of year (total assets less liabilities)	2008-12-31	$1,848,674
Value of net assets at beginning of year (total assets less liabilities)	2008-12-31	$2,737,440
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2008-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2008-12-31	No
Were any leases to which the plan was party in default or uncollectible	2008-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2008-12-31	$1,039,200
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2008-12-31	$1,160,262
Interest on participant loans	2008-12-31	$1,572
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2008-12-31	$181,321
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2008-12-31	$202,183
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2008-12-31	$202,183
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2008-12-31	$4,293
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2008-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2008-12-31	No
Has the plan failed to provide any benefit when due under the plan	2008-12-31	No
Assets. Invements in employer securities at end of year	2008-12-31	$603,600
Assets. Invements in employer securities at beginning of year	2008-12-31	$1,354,470
Contributions received in cash from employer	2008-12-31	$279,550
Employer contributions (assets) at end of year	2008-12-31	$6,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2008-12-31	$197,250
Did the plan have assets held for investment	2008-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2008-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2008-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2008-12-31	No
Opinion of an independent qualified public accountant for this plan	2008-12-31	Unqualified
Accountancy firm name	2008-12-31	MOODY, FAMIGLIETTI, & ANDRONICO
Accountancy firm EIN	2008-12-31	043077056

Form 5500 Responses for INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN

2013: INVESTORS CAPITAL HOLDINGS, LTD 401(K) 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: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: INVESTORS CAPITAL HOLDINGS, LTD 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	INVESTORS CAPITAL HOLDINGS, LTD.
Employer identification number (EIN):	043284631
NAIC Classification:	523900