401k Plan data: FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN plan

FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN
Plan identification number	001

FIRST NEW YORK SECURITIES, L.L.C. 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.
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

FIRST NEW YORK SECURITIES LLC has sponsored the creation of one or more 401k plans.

Company Name: FIRST NEW YORK SECURITIES LLC

Employer identification number (EIN): 133270745

NAIC Classification: 525990
NAIC Description: Other Financial Vehicles

Additional information about FIRST NEW YORK SECURITIES LLC

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1995-06-20

Company Identification Number: 1932556

Legal Registered Office Address: ATTN: GENERAL COUNSEL
90 PARK AVENUE, 5TH FL
NEW YORK
United States of America (USA)
10016

More information about FIRST NEW YORK SECURITIES LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 HARRIS SUFIAN
001 2009-01-01 HARRIS SUFIAN HARRIS SUFIAN 2010-10-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	HARRIS SUFIAN
001	2009-01-01	HARRIS SUFIAN		HARRIS SUFIAN	2010-10-12

Plan Statistics for FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN

Measure Date Value
2011: FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 428
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 325
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 140
Total of all active and inactive participants 2011-01-01 465
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 465
Number of participants with account balances 2011-01-01 311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 258
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 206
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 69
Total of all active and inactive participants 2009-01-01 275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 275
Number of participants with account balances 2009-01-01 236
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	428
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	325
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	140
Total of all active and inactive participants	2011-01-01	465
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	465
Number of participants with account balances	2011-01-01	311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	258
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	206
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	69
Total of all active and inactive participants	2009-01-01	275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	275
Number of participants with account balances	2009-01-01	236
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2011 : FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$700
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	$1,473,293
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$1,123,963
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,098,576
Expenses. Certain deemed distributions of participant loans	2011-12-31	$880
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,936,101
Value of total assets at end of year	2011-12-31	$10,456,616
Value of total assets at beginning of year	2011-12-31	$10,106,586
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$24,507
Total interest from all sources	2011-12-31	$4,550
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$147,828
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$147,828
Administrative expenses professional fees incurred	2011-12-31	$11,900
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$1,729,707
Participant contributions at end of year	2011-12-31	$122,433
Participant contributions at beginning of year	2011-12-31	$132,501
Participant contributions at beginning of year	2011-12-31	$16,920
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$206,394
Liabilities. Value of operating payables at end of year	2011-12-31	$700
Total non interest bearing cash at end of year	2011-12-31	$1,725
Total non interest bearing cash at beginning of year	2011-12-31	$11,537
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$349,330
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$10,455,916
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$10,106,586
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$12,607
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$7,785,158
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$6,857,783
Interest on participant loans	2011-12-31	$4,465
Value of interest in common/collective trusts at end of year	2011-12-31	$1,824,437
Value of interest in common/collective trusts at beginning of year	2011-12-31	$1,932,098
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$722,863
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$1,155,747
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$1,155,747
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$85
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-683,221
Net investment gain or loss from common/collective trusts	2011-12-31	$68,035
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,098,576
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	CHODOR, CPA, PC
Accountancy firm EIN	2011-12-31	270312364
2010 : FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
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	$2,604,355
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$1,320,144
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,303,084
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,604,603
Value of total assets at end of year	2010-12-31	$10,106,586
Value of total assets at beginning of year	2010-12-31	$8,822,375
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$17,060
Total interest from all sources	2010-12-31	$6,397
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$118,297
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$118,297
Administrative expenses professional fees incurred	2010-12-31	$17,059
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$1,548,356
Participant contributions at end of year	2010-12-31	$132,501
Participant contributions at beginning of year	2010-12-31	$171,421
Participant contributions at end of year	2010-12-31	$16,920
Participant contributions at beginning of year	2010-12-31	$5,700
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$56,247
Other income not declared elsewhere	2010-12-31	$0
Administrative expenses (other) incurred	2010-12-31	$1
Total non interest bearing cash at end of year	2010-12-31	$11,537
Total non interest bearing cash at beginning of year	2010-12-31	$88
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$1,284,211
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$10,106,586
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$8,822,375
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$6,857,783
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$5,897,632
Interest on participant loans	2010-12-31	$6,397
Value of interest in common/collective trusts at end of year	2010-12-31	$1,932,098
Value of interest in common/collective trusts at beginning of year	2010-12-31	$1,951,754
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$1,155,747
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$795,780
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$795,780
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$836,106
Net investment gain or loss from common/collective trusts	2010-12-31	$38,952
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,303,084
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	CHODOR, CPA, P.C.
Accountancy firm EIN	2010-12-31	027031234
2009 : FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FIRST NEW YORK SECURITIES, L.L.C. 401(K) PROFIT SHARING PLAN

2011: FIRST NEW YORK SECURITIES, L.L.C. 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: FIRST NEW YORK SECURITIES, L.L.C. 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

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	FIRST NEW YORK SECURITIES LLC
Employer identification number (EIN):	133270745
NAIC Classification:	525990
NAIC Description:	Other Financial Vehicles

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1995-06-20
Company Identification Number:	1932556
Legal Registered Office Address:	ATTN: GENERAL COUNSEL 90 PARK AVENUE, 5TH FL NEW YORK United States of America (USA) 10016