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THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan NameTHE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN
Plan identification number 003

THE OLIVE LAW FIRM, P.A. 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

THE OLIVE LAW FIRM, P.A. has sponsored the creation of one or more 401k plans.

Company Name:THE OLIVE LAW FIRM, P.A.
Employer identification number (EIN):561186391
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01JESSICA AMOR
0032016-01-01CALLIE DOBBINS
0032015-01-01CALLIE LONG
0032014-01-01LAURENCE OLIVE
0032013-01-01MOREHEAD PLAN ADMINISTRATORS2014-03-12
0032012-01-01MOREHEAD PLAN ADMINISTRATORS2013-07-17
0032011-01-01MOREHEAD PLAN ADMINISTRATORS2012-08-29
0032010-01-01MOREHEAD PLAN ADMINISTRATORS2011-06-17

Plan Statistics for THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN

Measure Date Value
2023: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0112
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 benefits2023-01-012
Total of all active and inactive participants2023-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-019
Number of participants with account balances2023-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0114
Total number of active participants reported on line 7a of the Form 55002022-01-019
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-013
Total of all active and inactive participants2022-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0112
Number of participants with account balances2022-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0114
Total number of active participants reported on line 7a of the Form 55002021-01-0112
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-012
Total of all active and inactive participants2021-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0114
Number of participants with account balances2021-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0113
Total number of active participants reported on line 7a of the Form 55002020-01-0112
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-012
Total of all active and inactive participants2020-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0114
Number of participants with account balances2020-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0113
Total number of active participants reported on line 7a of the Form 55002019-01-0111
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0113
Number of participants with account balances2019-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0111
Total number of active participants reported on line 7a of the Form 55002018-01-0110
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-013
Total of all active and inactive participants2018-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0113
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
2017: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0112
Total number of active participants reported on line 7a of the Form 55002017-01-019
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-0111
Total participants2017-01-0111
Number of participants with account balances2017-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0112
Total number of active participants reported on line 7a of the Form 55002016-01-0111
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-0112
Total participants2016-01-0112
Number of participants with account balances2016-01-018
2015: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0110
Total number of active participants reported on line 7a of the Form 55002015-01-0112
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0112
Number of participants with account balances2015-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0112
Total number of active participants reported on line 7a of the Form 55002014-01-0110
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0110
Number of participants with account balances2014-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN

Measure Date Value
2023 : THE OLIVE LAW FIRM, P.A. 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$507,475
Expenses. Total of all expenses incurred2023-12-31$2,600,807
Benefits paid (including direct rollovers)2023-12-31$2,592,263
Total plan assets at end of year2023-12-31$1,116,744
Total plan assets at beginning of year2023-12-31$3,210,076
Value of fidelity bond covering the plan2023-12-31$350,000
Assets. Value of tangible personal property2023-12-31$0
Total contributions received or receivable from participants2023-12-31$90,040
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$1,816
Other income received2023-12-31$379,910
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$-2,093,332
Net plan assets at end of year (total assets less liabilities)2023-12-31$1,116,744
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$3,210,076
Assets. Value of participant loans2023-12-31$48,789
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
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022023-12-31$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$35,709
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$8,544
2022 : THE OLIVE LAW FIRM, P.A. 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$0
Total income from all sources2022-12-31$-559,317
Expenses. Total of all expenses incurred2022-12-31$17,498
Benefits paid (including direct rollovers)2022-12-31$8,596
Total plan assets at end of year2022-12-31$3,210,076
Total plan assets at beginning of year2022-12-31$3,786,891
Value of fidelity bond covering the plan2022-12-31$350,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$105,917
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$0
Other income received2022-12-31$-754,633
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-576,815
Net plan assets at end of year (total assets less liabilities)2022-12-31$3,210,076
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$3,786,891
Assets. Value of participant loans2022-12-31$1,090
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
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-12-31$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$89,399
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$8,902
2021 : THE OLIVE LAW FIRM, P.A. 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$637,291
Expenses. Total of all expenses incurred2021-12-31$7,393
Benefits paid (including direct rollovers)2021-12-31$0
Total plan assets at end of year2021-12-31$3,786,891
Total plan assets at beginning of year2021-12-31$3,156,993
Value of fidelity bond covering the plan2021-12-31$350,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$91,472
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$0
Other income received2021-12-31$525,140
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$629,898
Net plan assets at end of year (total assets less liabilities)2021-12-31$3,786,891
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$3,156,993
Assets. Value of participant loans2021-12-31$18,750
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
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022021-12-31$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$20,679
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$7,393
2020 : THE OLIVE LAW FIRM, P.A. 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$404,629
Expenses. Total of all expenses incurred2020-12-31$11,535
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$3,156,993
Total plan assets at beginning of year2020-12-31$2,763,899
Value of fidelity bond covering the plan2020-12-31$300,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$108,233
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$259,996
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$393,094
Net plan assets at end of year (total assets less liabilities)2020-12-31$3,156,993
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,763,899
Assets. Value of participant loans2020-12-31$22,664
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$36,400
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$4,908
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$6,627
2019 : THE OLIVE LAW FIRM, P.A. 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$542,065
Expenses. Total of all expenses incurred2019-12-31$70,404
Benefits paid (including direct rollovers)2019-12-31$48,244
Total plan assets at end of year2019-12-31$2,763,899
Total plan assets at beginning of year2019-12-31$2,292,238
Value of fidelity bond covering the plan2019-12-31$300,000
Total contributions received or receivable from participants2019-12-31$86,196
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$436,166
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$471,661
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,763,899
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,292,238
Assets. Value of participant loans2019-12-31$29,073
Total contributions received or receivable from employer(s)2019-12-31$19,703
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$15,750
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$6,410
2018 : THE OLIVE LAW FIRM, P.A. 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$0
Total income from all sources2018-12-31$-18,366
Expenses. Total of all expenses incurred2018-12-31$11,487
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$2,292,238
Total plan assets at beginning of year2018-12-31$2,322,091
Value of fidelity bond covering the plan2018-12-31$300,000
Total contributions received or receivable from participants2018-12-31$68,660
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-104,580
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-29,853
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,292,238
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,322,091
Assets. Value of participant loans2018-12-31$11,519
Total contributions received or receivable from employer(s)2018-12-31$17,554
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$5,561
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$5,926
2017 : THE OLIVE LAW FIRM, P.A. 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$372,520
Expenses. Total of all expenses incurred2017-12-31$7,762
Benefits paid (including direct rollovers)2017-12-31$1,605
Total plan assets at end of year2017-12-31$2,322,091
Total plan assets at beginning of year2017-12-31$1,957,333
Value of fidelity bond covering the plan2017-12-31$300,000
Total contributions received or receivable from participants2017-12-31$60,476
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$290,153
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$364,758
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,322,091
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,957,333
Assets. Value of participant loans2017-12-31$20,494
Total contributions received or receivable from employer(s)2017-12-31$21,891
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$1,829
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$4,328
2016 : THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$220,682
Expenses. Total of all expenses incurred2016-12-31$158,998
Benefits paid (including direct rollovers)2016-12-31$154,505
Total plan assets at end of year2016-12-31$1,957,333
Total plan assets at beginning of year2016-12-31$1,895,649
Value of fidelity bond covering the plan2016-12-31$300,000
Total contributions received or receivable from participants2016-12-31$58,941
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$140,182
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$61,684
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,957,333
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,895,649
Assets. Value of participant loans2016-12-31$29,393
Total contributions received or receivable from employer(s)2016-12-31$21,559
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$4,493
2015 : THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$76,861
Expenses. Total of all expenses incurred2015-12-31$59,579
Benefits paid (including direct rollovers)2015-12-31$50,327
Total plan assets at end of year2015-12-31$1,895,649
Total plan assets at beginning of year2015-12-31$1,878,367
Value of fidelity bond covering the plan2015-12-31$300,000
Total contributions received or receivable from participants2015-12-31$47,359
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$1
Other income received2015-12-31$13,896
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$17,282
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,895,649
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,878,367
Assets. Value of participant loans2015-12-31$37,299
Total contributions received or receivable from employer(s)2015-12-31$15,605
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$3,796
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$5,456
2014 : THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$247,286
Expenses. Total of all expenses incurred2014-12-31$83,539
Benefits paid (including direct rollovers)2014-12-31$73,077
Total plan assets at end of year2014-12-31$1,878,367
Total plan assets at beginning of year2014-12-31$1,714,620
Value of fidelity bond covering the plan2014-12-31$300,000
Total contributions received or receivable from participants2014-12-31$53,055
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$1,378
Other income received2014-12-31$170,719
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$163,747
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,878,367
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,714,620
Total contributions received or receivable from employer(s)2014-12-31$22,134
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$6,794
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$3,668

Form 5500 Responses for THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN

2023: THE OLIVE LAW FIRM, P.A. 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: THE OLIVE LAW FIRM, P.A. 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: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE OLIVE LAW FIRM, P.A. 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: THE OLIVE LAW FIRM, P.A. 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: THE OLIVE LAW FIRM, P.A. 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
2016: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE OLIVE LAW FIRM, P.A. PROFIT SHARING 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number82947
Policy instance 1
Insurance contract or identification number82947
Number of Individuals Covered0
Insurance policy start date2014-01-01
Insurance policy end date2014-02-28
Total amount of commissions paid to insurance brokerUSD $705
Total amount of fees paid to insurance companyUSD $290
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $705
Amount paid for insurance broker fees0
Insurance broker nameMOREHEAD GROUP

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