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MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 401k Plan overview

Plan NameMARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I
Plan identification number 002

MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 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.
  • 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

MARKS PANETH LLP has sponsored the creation of one or more 401k plans.

Company Name:MARKS PANETH LLP
Employer identification number (EIN):113518842
NAIC Classification:541211
NAIC Description:Offices of Certified Public Accountants

Additional information about MARKS PANETH LLP

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1995-02-10
Company Identification Number: 1893675
Legal Registered Office Address: 685 THIRD AVENUE

NEW YORK
United States of America (USA)
10017

More information about MARKS PANETH LLP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-01-01HARRY MOEHRINGER
0022011-01-01HARRY MOEHRINGER
0022010-01-01ERIC MARKS
0022009-01-01HARRY MOEHRINGER

Plan Statistics for MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I

401k plan membership statisitcs for MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I

Measure Date Value
2012: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2012 401k membership
Total participants, beginning-of-year2012-01-01283
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2011 401k membership
Total participants, beginning-of-year2011-01-01302
Total number of active participants reported on line 7a of the Form 55002011-01-01203
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0179
Total of all active and inactive participants2011-01-01282
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01283
Number of participants with account balances2011-01-01240
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2010 401k membership
Total participants, beginning-of-year2010-01-01427
Total number of active participants reported on line 7a of the Form 55002010-01-01215
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0186
Total of all active and inactive participants2010-01-01301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-01302
Number of participants with account balances2010-01-01252
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-013
2009: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2009 401k membership
Total participants, beginning-of-year2009-01-01345
Total number of active participants reported on line 7a of the Form 55002009-01-01267
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01160
Total of all active and inactive participants2009-01-01427
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01427
Number of participants with account balances2009-01-01270
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I

Measure Date Value
2012 : MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$1,441,477
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$125,912
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$79,963
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$79,528
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$0
Value of total assets at end of year2012-12-31$0
Value of total assets at beginning of year2012-12-31$1,395,528
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$435
Total interest from all sources2012-12-31$1,084
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$11,864
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$11,864
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$29,559
Assets. Other investments not covered elsewhere at end of year2012-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$557
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$45,949
Value of net assets at end of year (total assets less liabilities)2012-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,395,528
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,014,124
Interest on participant loans2012-12-31$1,084
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$351,288
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$107,344
Net investment gain or loss from common/collective trusts2012-12-31$5,620
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$79,528
Contract administrator fees2012-12-31$435
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31SECKENDORF,HASSON&REILLY CPA'S LLC
Accountancy firm EIN2012-12-31900436485
2011 : MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$-19,241
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$76,012
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$75,049
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$0
Value of total assets at end of year2011-12-31$1,395,528
Value of total assets at beginning of year2011-12-31$1,490,781
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$963
Total interest from all sources2011-12-31$1,414
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$34,864
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$34,864
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Participant contributions at end of year2011-12-31$29,559
Participant contributions at beginning of year2011-12-31$23,189
Assets. Other investments not covered elsewhere at end of year2011-12-31$557
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$59,417
Other income not declared elsewhere2011-12-31$-5,082
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-95,253
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,395,528
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,490,781
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$479
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,014,124
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,054,421
Interest on participant loans2011-12-31$1,414
Value of interest in common/collective trusts at end of year2011-12-31$351,288
Value of interest in common/collective trusts at beginning of year2011-12-31$353,754
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-51,020
Net investment gain or loss from common/collective trusts2011-12-31$583
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$75,049
Contract administrator fees2011-12-31$484
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31SECKENDORF,HASSON& REILLY CPA'S LLC
Accountancy firm EIN2011-12-31900436485
2010 : MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets from this plan2010-12-31$15,487
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$172,480
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$99,019
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$97,248
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$0
Value of total assets at end of year2010-12-31$1,490,781
Value of total assets at beginning of year2010-12-31$1,432,807
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,771
Total interest from all sources2010-12-31$1,165
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$20,985
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$20,985
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Participant contributions at end of year2010-12-31$23,189
Participant contributions at beginning of year2010-12-31$18,965
Assets. Other investments not covered elsewhere at end of year2010-12-31$59,417
Other income not declared elsewhere2010-12-31$17,188
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$73,461
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,490,781
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,432,807
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$1,251
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,054,421
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$1,052,982
Interest on participant loans2010-12-31$1,165
Value of interest in common/collective trusts at end of year2010-12-31$353,754
Value of interest in common/collective trusts at beginning of year2010-12-31$360,860
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$122,072
Net investment gain or loss from common/collective trusts2010-12-31$11,070
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$97,248
Contract administrator fees2010-12-31$520
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31SECKENDORF HASSON & REILY
Accountancy firm EIN2010-12-31112900554

Form 5500 Responses for MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I

2012: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: MARKS PANETH & SHRON LLP DEFINED CONTRIBUTION PLAN I 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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