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PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 401k Plan overview

Plan NamePENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN
Plan identification number 002

PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

PENELOPE DIXON & ASSOCIATES has sponsored the creation of one or more 401k plans.

Company Name:PENELOPE DIXON & ASSOCIATES
Employer identification number (EIN):650545084
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01EDWARD YEE2024-03-07
0022022-01-01EDWARD YEE2023-07-04
0022021-01-01EDWARD YEE2022-06-20
0022020-01-01EDWARD YEE2021-09-21
0022020-01-01EDWARD YEE2021-09-21
0022019-01-01PENELOPE DIXON2020-10-11
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01
0022013-01-01
0022012-01-01PENELOPE DIXON2013-06-10 PENELOPE DIXON2013-06-10
0022011-01-01PENELOPE DIXON2012-09-10 PENELOPE DIXON2012-09-10
0022010-01-01PENELOPE DIXON PENELOPE DIXON2011-10-11

Plan Statistics for PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN

401k plan membership statisitcs for PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN

Measure Date Value
2023: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-013
Total number of active participants reported on line 7a of the Form 55002023-01-012
Number of retired or separated participants receiving benefits2023-01-011
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-013
Number of participants with account balances2023-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013
Total number of active participants reported on line 7a of the Form 55002022-01-012
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-013
Number of participants with account balances2022-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-013
Total number of active participants reported on line 7a of the Form 55002021-01-012
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-013
Number of participants with account balances2021-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013
Total number of active participants reported on line 7a of the Form 55002020-01-012
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-011
Total of all active and inactive participants2020-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-013
Number of participants with account balances2020-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-013
Total number of active participants reported on line 7a of the Form 55002019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-013
Number of participants with account balances2019-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2010: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-011
Total number of active participants reported on line 7a of the Form 55002010-01-011
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-011
Number of participants with account balances2010-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN

Measure Date Value
2023 : PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2023 401k financial data
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$83,450
Expenses. Total of all expenses incurred2023-12-31$11,162
Benefits paid (including direct rollovers)2023-12-31$8,089
Total plan assets at end of year2023-12-31$500,860
Total plan assets at beginning of year2023-12-31$428,572
Value of fidelity bond covering the plan2023-12-31$60,000
Assets. Value of tangible personal property2023-12-31$193,000
Total contributions received or receivable from participants2023-12-31$20,500
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$56,884
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$72,288
Net plan assets at end of year (total assets less liabilities)2023-12-31$500,860
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$428,572
Total contributions received or receivable from employer(s)2023-12-31$6,066
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$3,073
2022 : PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-23,836
Expenses. Total of all expenses incurred2022-12-31$11,529
Benefits paid (including direct rollovers)2022-12-31$8,762
Total plan assets at end of year2022-12-31$428,572
Total plan assets at beginning of year2022-12-31$463,937
Value of fidelity bond covering the plan2022-12-31$60,000
Assets. Value of tangible personal property2022-12-31$193,000
Total contributions received or receivable from participants2022-12-31$20,500
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-50,291
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-35,365
Net plan assets at end of year (total assets less liabilities)2022-12-31$428,572
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$463,937
Total contributions received or receivable from employer(s)2022-12-31$5,955
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$2,767
2021 : PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2021 401k financial data
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$63,855
Expenses. Total of all expenses incurred2021-12-31$11,360
Benefits paid (including direct rollovers)2021-12-31$8,650
Total plan assets at end of year2021-12-31$463,937
Total plan assets at beginning of year2021-12-31$411,442
Value of fidelity bond covering the plan2021-12-31$35,000
Assets. Value of tangible personal property2021-12-31$208,425
Total contributions received or receivable from participants2021-12-31$19,500
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$38,505
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$52,495
Net plan assets at end of year (total assets less liabilities)2021-12-31$463,937
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$411,442
Total contributions received or receivable from employer(s)2021-12-31$5,850
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$2,710
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$-24,279
Expenses. Total of all expenses incurred2020-12-31$25,367
Benefits paid (including direct rollovers)2020-12-31$23,882
Total plan assets at end of year2020-12-31$411,442
Total plan assets at beginning of year2020-12-31$461,088
Value of fidelity bond covering the plan2020-12-31$285,500
Assets. Value of tangible personal property2020-12-31$215,500
Total contributions received or receivable from participants2020-12-31$19,500
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$-50,729
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-49,646
Net plan assets at end of year (total assets less liabilities)2020-12-31$411,442
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$461,088
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$6,950
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$1,485
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$1,356
Expenses. Total of all expenses incurred2019-12-31$69,301
Benefits paid (including direct rollovers)2019-12-31$69,301
Total plan assets at end of year2019-12-31$461,088
Total plan assets at beginning of year2019-12-31$529,033
Value of fidelity bond covering the plan2019-12-31$360,000
Assets. Value of tangible personal property2019-12-31$285,850
Other income received2019-12-31$1,356
Net income (gross income less expenses)2019-12-31$-67,945
Net plan assets at end of year (total assets less liabilities)2019-12-31$461,088
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$529,033
2010 : PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2010 401k financial data
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$299,747
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$299,747
Total plan assets at beginning of year2010-12-31$0
Value of fidelity bond covering the plan2010-12-31$260,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$274,702
Other income received2010-12-31$25,045
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$299,747
Net plan assets at end of year (total assets less liabilities)2010-12-31$299,747
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$0
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

Form 5500 Responses for PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN

2023: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PENELOPE DIXON & ASSOCIATES PROFIT SHARING 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: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
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: PENELOPE DIXON & ASSOCIATES PROFIT SHARING 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
2010: PENELOPE DIXON & ASSOCIATES PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01First time form 5500 has been submittedYes
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

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