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ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 401k Plan overview

Plan NameELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN
Plan identification number 001

ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

ELLIOTT & TRAINOR, P.C. has sponsored the creation of one or more 401k plans.

Company Name:ELLIOTT & TRAINOR, P.C.
Employer identification number (EIN):364046451
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01RALPH ELLIOTT
0012017-01-01RALPH ELLIOTT
0012016-01-01RALPH E. ELLIOTT2017-02-20
0012015-01-01RALPH E. ELLIOTT2016-04-12
0012014-01-01RALPH E. ELLIOTT2015-03-18
0012013-01-01RALPH E. ELLIOTT2014-06-03
0012012-01-01RALPH E. ELLIOTT2013-05-22
0012011-01-01RALPH E. ELLIOTT2012-05-23 RALPH E. ELLIOTT2012-05-23
0012010-01-01RALPH E. ELLIOTT2011-07-06 RALPH E. ELLIOTT2011-07-06

Plan Statistics for ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN

401k plan membership statisitcs for ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN

Measure Date Value
2023: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-015
Total number of active participants reported on line 7a of the Form 55002023-01-017
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-017
Number of participants with account balances2023-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-015
Total number of active participants reported on line 7a of the Form 55002022-01-015
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-015
Number of participants with account balances2022-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-015
Total number of active participants reported on line 7a of the Form 55002021-01-015
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-015
Number of participants with account balances2021-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-015
Total number of active participants reported on line 7a of the Form 55002020-01-015
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-015
Number of participants with account balances2020-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-015
Total number of active participants reported on line 7a of the Form 55002019-01-015
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-015
Number of participants with account balances2019-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-015
Total number of active participants reported on line 7a of the Form 55002018-01-015
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-015
Number of participants with account balances2018-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-015
Total number of active participants reported on line 7a of the Form 55002017-01-015
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-015
Number of participants with account balances2017-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN

Measure Date Value
2023 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$195,436
Expenses. Total of all expenses incurred2023-12-31$113,218
Benefits paid (including direct rollovers)2023-12-31$112,407
Total plan assets at end of year2023-12-31$1,034,108
Total plan assets at beginning of year2023-12-31$951,890
Value of fidelity bond covering the plan2023-12-31$150,000
Assets. Value of tangible personal property2023-12-31$0
Total contributions received or receivable from participants2023-12-31$44,660
Assets. Value of loans (other than to participants)2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$150,588
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$82,218
Net plan assets at end of year (total assets less liabilities)2023-12-31$1,034,108
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$951,890
Assets. Value of participant loans2023-12-31$0
Assets. Value of assets in partnership/joint-venture interests2023-12-31$0
Assets. Value of real-estate (other than employer real property)2023-12-31$0
Assets. Value of employer securities2023-12-31$0
Assets. Value of employer real property2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$188
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$811
2022 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-98,855
Expenses. Total of all expenses incurred2022-12-31$18,056
Benefits paid (including direct rollovers)2022-12-31$17,038
Total plan assets at end of year2022-12-31$951,890
Total plan assets at beginning of year2022-12-31$1,068,801
Value of fidelity bond covering the plan2022-12-31$150,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$43,973
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-158,973
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-116,911
Net plan assets at end of year (total assets less liabilities)2022-12-31$951,890
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,068,801
Assets. Value of participant loans2022-12-31$0
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$16,145
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$1,018
2021 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$196,503
Expenses. Total of all expenses incurred2021-12-31$200,000
Benefits paid (including direct rollovers)2021-12-31$200,000
Total plan assets at end of year2021-12-31$1,068,801
Total plan assets at beginning of year2021-12-31$1,072,298
Value of fidelity bond covering the plan2021-12-31$150,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$44,233
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$26
Other income received2021-12-31$148,619
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$-3,497
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,068,801
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,072,298
Assets. Value of participant loans2021-12-31$0
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$3,625
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$0
2020 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$185,352
Expenses. Total of all expenses incurred2020-12-31$230,000
Benefits paid (including direct rollovers)2020-12-31$230,000
Total plan assets at end of year2020-12-31$1,072,298
Total plan assets at beginning of year2020-12-31$1,116,946
Value of fidelity bond covering the plan2020-12-31$150,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$29,557
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$139,355
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-44,648
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,072,298
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,116,946
Assets. Value of participant loans2020-12-31$0
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$16,440
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$0
2019 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$238,389
Expenses. Total of all expenses incurred2019-12-31$100,000
Benefits paid (including direct rollovers)2019-12-31$100,000
Total plan assets at end of year2019-12-31$1,116,946
Total plan assets at beginning of year2019-12-31$978,557
Value of fidelity bond covering the plan2019-12-31$150,000
Total contributions received or receivable from participants2019-12-31$43,705
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$181,403
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$138,389
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,116,946
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$978,557
Total contributions received or receivable from employer(s)2019-12-31$13,281
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$0
2018 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$17,789
Expenses. Total of all expenses incurred2018-12-31$202,185
Benefits paid (including direct rollovers)2018-12-31$200,210
Total plan assets at end of year2018-12-31$978,557
Total plan assets at beginning of year2018-12-31$1,162,953
Value of fidelity bond covering the plan2018-12-31$150,000
Total contributions received or receivable from participants2018-12-31$46,205
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-28,748
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-184,396
Net plan assets at end of year (total assets less liabilities)2018-12-31$978,557
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,162,953
Total contributions received or receivable from employer(s)2018-12-31$332
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,975
2017 : ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$161,090
Expenses. Total of all expenses incurred2017-12-31$259,477
Benefits paid (including direct rollovers)2017-12-31$259,221
Total plan assets at end of year2017-12-31$1,162,953
Total plan assets at beginning of year2017-12-31$1,261,340
Value of fidelity bond covering the plan2017-12-31$150,000
Total contributions received or receivable from participants2017-12-31$38,885
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$118,957
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$-98,387
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,162,953
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,261,340
Total contributions received or receivable from employer(s)2017-12-31$3,248
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$256

Form 5500 Responses for ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN

2023: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ELLIOTT & TRAINOR, P.C. PROFIT SHARING/401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

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