Logo

SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameSMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN
Plan identification number 001

SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

SMG CONSULTING SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SMG CONSULTING SOLUTIONS, INC.
Employer identification number (EIN):843424410
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012019-10-22

Plan Statistics for SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

401k plan membership statisitcs for SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2020: SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012
Total number of active participants reported on line 7a of the Form 55002020-01-010
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 participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-222
Total number of active participants reported on line 7a of the Form 55002019-10-222
Number of retired or separated participants receiving benefits2019-10-220
Number of other retired or separated participants entitled to future benefits2019-10-220
Total of all active and inactive participants2019-10-222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-220
Total participants2019-10-222
Number of participants with account balances2019-10-221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-220

Financial Data on SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2020 : SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-09-16$-49,500
Expenses. Total of all expenses incurred2020-09-16$465
Benefits paid (including direct rollovers)2020-09-16$435
Total plan assets at end of year2020-09-16$0
Total plan assets at beginning of year2020-09-16$49,965
Other income received2020-09-16$-49,500
Net income (gross income less expenses)2020-09-16$-49,965
Net plan assets at end of year (total assets less liabilities)2020-09-16$0
Net plan assets at beginning of year (total assets less liabilities)2020-09-16$49,965
Assets. Value of employer securities2020-09-16$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-09-16$30
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-09-16$0
2019 : SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$50,005
Expenses. Total of all expenses incurred2019-12-31$40
Total plan assets at end of year2019-12-31$49,965
Total plan assets at beginning of year2019-12-31$0
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$40
Contributions received from other sources (not participants or employers)2019-12-31$50,000
Other income received2019-12-31$5
Net income (gross income less expenses)2019-12-31$49,965
Net plan assets at end of year (total assets less liabilities)2019-12-31$49,965
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$0
Assets. Value of employer securities2019-12-31$49,500
Total contributions received or receivable from employer(s)2019-12-31$0

Form 5500 Responses for SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN

2020: SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING 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 filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SMG CONSULTING SOLUTIONS, INC. 401K PROFIT SHARING PLAN 2019 form 5500 responses
2019-10-22Type of plan entitySingle employer plan
2019-10-22First time form 5500 has been submittedYes
2019-10-22Submission has been amendedNo
2019-10-22This submission is the final filingNo
2019-10-22This return/report is a short plan year return/report (less than 12 months)Yes
2019-10-22Plan is a collectively bargained planNo
2019-10-22Plan funding arrangement – TrustYes
2019-10-22Plan benefit arrangement - TrustYes

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1