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STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 401k Plan overview

Plan NameSTYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST
Plan identification number 001

STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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.
  • 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

STYLES & COTTON, P.A. has sponsored the creation of one or more 401k plans.

Company Name:STYLES & COTTON, P.A.
Employer identification number (EIN):411441037
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01JOSEPH R. STYLES2018-08-28
0012016-01-01JOSEPH R. STYLES2017-07-12
0012015-01-01JOSEPH R. STYLES2016-10-07
0012014-01-01JOSEPH R. STYLES2015-10-13
0012013-01-01JOSEPH R. STYLES2014-10-14
0012012-01-01JOSEPH R. STYLES2013-07-25
0012011-01-01JOSEPH R. STYLES2012-10-10
0012010-01-01JOSEPH R. STYLES
0012009-01-01JOSEPH R. STYLES

Plan Statistics for STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST

401k plan membership statisitcs for STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST

Measure Date Value
2020: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0114
Total number of active participants reported on line 7a of the Form 55002020-01-0111
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0112
Number of participants with account balances2020-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0114
Total number of active participants reported on line 7a of the Form 55002019-01-0114
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 participants2019-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0114
Number of participants with account balances2019-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0114
Total number of active participants reported on line 7a of the Form 55002018-01-0114
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 participants2018-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0114
Number of participants with account balances2018-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2010: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-0124
Total number of active participants reported on line 7a of the Form 55002010-01-0113
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-019
Total of all active and inactive participants2010-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0122
Number of participants with account balances2010-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0115
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0116
Number of participants with account balances2009-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST

Measure Date Value
2020 : STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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$163,702
Expenses. Total of all expenses incurred2020-12-31$251,385
Benefits paid (including direct rollovers)2020-12-31$247,216
Total plan assets at end of year2020-12-31$1,129,848
Total plan assets at beginning of year2020-12-31$1,217,531
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$31,892
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$131,810
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-87,683
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,129,848
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,217,531
Assets. Value of participant loans2020-12-31$14,251
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$0
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$4,169
2019 : STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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$276,806
Expenses. Total of all expenses incurred2019-12-31$189,943
Benefits paid (including direct rollovers)2019-12-31$183,018
Total plan assets at end of year2019-12-31$1,217,531
Total plan assets at beginning of year2019-12-31$1,130,668
Value of fidelity bond covering the plan2019-12-31$150,000
Total contributions received or receivable from participants2019-12-31$36,524
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$240,282
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$86,863
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,217,531
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,130,668
Assets. Value of participant loans2019-12-31$22,285
Total contributions received or receivable from employer(s)2019-12-31$0
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$6,925
2018 : STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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$17,471
Expenses. Total of all expenses incurred2018-12-31$131,930
Benefits paid (including direct rollovers)2018-12-31$131,097
Total plan assets at end of year2018-12-31$1,130,668
Total plan assets at beginning of year2018-12-31$1,245,127
Value of fidelity bond covering the plan2018-12-31$150,000
Total contributions received or receivable from participants2018-12-31$33,783
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-16,312
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-114,459
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,130,668
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,245,127
Assets. Value of participant loans2018-12-31$23,094
Total contributions received or receivable from employer(s)2018-12-31$0
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$833
2010 : STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$208,199
Expenses. Total of all expenses incurred2010-12-31$283,893
Benefits paid (including direct rollovers)2010-12-31$283,593
Total plan assets at end of year2010-12-31$836,347
Total plan assets at beginning of year2010-12-31$912,041
Value of fidelity bond covering the plan2010-12-31$80,000
Total contributions received or receivable from participants2010-12-31$58,931
Expenses. Other expenses not covered elsewhere2010-12-31$300
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$134,452
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$-75,694
Net plan assets at end of year (total assets less liabilities)2010-12-31$836,347
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$912,041
Assets. Value of participant loans2010-12-31$62,114
Total contributions received or receivable from employer(s)2010-12-31$14,816
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST

2020: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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
2010: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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: STYLES & COTTON, P.A., EMPLOYEES' 401(K) PLAN AND TRUST 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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