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MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 401k Plan overview

Plan NameMCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN
Plan identification number 001

MCCORMICK AND MITCHELL, A P.C. 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
  • 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

MCCORMICK AND MITCHELL, A P.C. has sponsored the creation of one or more 401k plans.

Company Name:MCCORMICK AND MITCHELL, A P.C.
Employer identification number (EIN):952875484
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOHN P MCCORMICK2024-06-10 JOHN P MCCORMICK2024-06-10
0012022-01-01GARY BERMAN2023-03-07 JOHN P MCCORMICK2023-03-07
0012021-01-01
0012020-01-01GARY BERMAN2021-05-03 JOHN P MCCORMICK2021-05-03
0012019-01-01
0012018-01-01GARY BERMAN JOHN P MCCORMICK2019-07-17
0012018-01-01
0012017-01-01GARY BERMAN JOHN P MCCORMICK2018-06-25
0012016-01-01GARY BERMAN JOHN P MCCORMICK2017-06-06
0012015-01-01GARY BERMAN JOHN P MCCORMICK2016-02-17
0012014-01-01GARY BERMAN JOHN P MCCORMICK2015-04-20
0012013-01-01GARY BERMAN
0012012-01-01GARY BERMAN
0012011-01-01GARY BERMAN2012-04-09
0012010-01-01GARY BERMAN2011-05-25

Plan Statistics for MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN

401k plan membership statisitcs for MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN

Measure Date Value
2019: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-014
Total number of active participants reported on line 7a of the Form 55002019-01-014
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 participants2019-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-014
Number of participants with account balances2019-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-014
Total number of active participants reported on line 7a of the Form 55002018-01-014
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 participants2018-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-014
Number of participants with account balances2018-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-014
Total number of active participants reported on line 7a of the Form 55002017-01-014
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 participants2017-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-014
Number of participants with account balances2017-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-014
Total number of active participants reported on line 7a of the Form 55002016-01-014
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-014
Number of participants with account balances2016-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014
Total number of active participants reported on line 7a of the Form 55002015-01-014
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 participants2015-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014
Number of participants with account balances2015-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014
Total number of active participants reported on line 7a of the Form 55002014-01-015
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 participants2014-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-015
Number of participants with account balances2014-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-014
Total number of active participants reported on line 7a of the Form 55002013-01-014
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-014
Number of participants with account balances2013-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-014
Total number of active participants reported on line 7a of the Form 55002012-01-014
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-014
Number of participants with account balances2012-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN

Measure Date Value
2019 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2019 401k financial data
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$14,805
Expenses. Total of all expenses incurred2019-12-31$22,438
Benefits paid (including direct rollovers)2019-12-31$22,438
Total plan assets at end of year2019-12-31$509,497
Total plan assets at beginning of year2019-12-31$517,130
Value of fidelity bond covering the plan2019-12-31$50,000
Total contributions received or receivable from participants2019-12-31$0
Other income received2019-12-31$14,805
Net income (gross income less expenses)2019-12-31$-7,633
Net plan assets at end of year (total assets less liabilities)2019-12-31$509,497
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$517,130
Assets. Value of real-estate (other than employer real property)2019-12-31$270,000
Total contributions received or receivable from employer(s)2019-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2018 401k financial data
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$16,072
Expenses. Total of all expenses incurred2018-12-31$21,529
Benefits paid (including direct rollovers)2018-12-31$21,529
Total plan assets at end of year2018-12-31$517,130
Total plan assets at beginning of year2018-12-31$522,587
Value of fidelity bond covering the plan2018-12-31$50,000
Total contributions received or receivable from participants2018-12-31$0
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$12,022
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-5,457
Net plan assets at end of year (total assets less liabilities)2018-12-31$517,130
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$522,587
Assets. Value of real-estate (other than employer real property)2018-12-31$270,000
Total contributions received or receivable from employer(s)2018-12-31$4,050
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$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2017 401k financial data
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$26,512
Expenses. Total of all expenses incurred2017-12-31$24,698
Benefits paid (including direct rollovers)2017-12-31$21,550
Total plan assets at end of year2017-12-31$541,683
Total plan assets at beginning of year2017-12-31$539,869
Value of fidelity bond covering the plan2017-12-31$50,000
Total contributions received or receivable from participants2017-12-31$0
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$22,912
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$1,814
Net plan assets at end of year (total assets less liabilities)2017-12-31$541,683
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$539,869
Assets. Value of real-estate (other than employer real property)2017-12-31$270,000
Total contributions received or receivable from employer(s)2017-12-31$3,600
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$3,148
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$-57,350
Expenses. Total of all expenses incurred2016-12-31$28,356
Benefits paid (including direct rollovers)2016-12-31$23,626
Total plan assets at end of year2016-12-31$539,869
Total plan assets at beginning of year2016-12-31$625,575
Value of fidelity bond covering the plan2016-12-31$50,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$3,680
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$-60,420
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-85,706
Net plan assets at end of year (total assets less liabilities)2016-12-31$539,869
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$625,575
Assets. Value of assets in partnership/joint-venture interests2016-12-31$15,000
Assets. Value of real-estate (other than employer real property)2016-12-31$270,000
Total contributions received or receivable from employer(s)2016-12-31$3,070
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$1,050
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2015 401k financial data
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$98,912
Expenses. Total of all expenses incurred2015-12-31$31,108
Benefits paid (including direct rollovers)2015-12-31$25,355
Total plan assets at end of year2015-12-31$625,575
Total plan assets at beginning of year2015-12-31$557,771
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$4,703
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$23,312
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$67,804
Net plan assets at end of year (total assets less liabilities)2015-12-31$625,575
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$557,771
Assets. Value of assets in partnership/joint-venture interests2015-12-31$105,000
Assets. Value of real-estate (other than employer real property)2015-12-31$260,000
Total contributions received or receivable from employer(s)2015-12-31$75,600
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,050
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2014 401k financial data
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$91,400
Expenses. Total of all expenses incurred2014-12-31$24,122
Benefits paid (including direct rollovers)2014-12-31$18,750
Total plan assets at end of year2014-12-31$557,771
Total plan assets at beginning of year2014-12-31$490,493
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$4,322
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$91,400
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$67,278
Net plan assets at end of year (total assets less liabilities)2014-12-31$557,771
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$490,493
Assets. Value of assets in partnership/joint-venture interests2014-12-31$105,262
Assets. Value of real-estate (other than employer real property)2014-12-31$260,000
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,050
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$9,839
Expenses. Total of all expenses incurred2013-12-31$22,259
Benefits paid (including direct rollovers)2013-12-31$18,586
Total plan assets at end of year2013-12-31$490,493
Total plan assets at beginning of year2013-12-31$502,913
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$2,564
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$9,839
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$-12,420
Net plan assets at end of year (total assets less liabilities)2013-12-31$490,493
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$502,913
Assets. Value of assets in partnership/joint-venture interests2013-12-31$105,262
Assets. Value of real-estate (other than employer real property)2013-12-31$300,000
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$1,109
2012 : MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$19,263
Expenses. Total of all expenses incurred2012-12-31$23,580
Benefits paid (including direct rollovers)2012-12-31$19,490
Total plan assets at end of year2012-12-31$502,913
Total plan assets at beginning of year2012-12-31$507,230
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$4,090
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$19,263
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$-4,317
Net plan assets at end of year (total assets less liabilities)2012-12-31$502,913
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$507,230
Assets. Value of real-estate (other than employer real property)2012-12-31$313,550
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0

Form 5500 Responses for MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN

2019: MCCORMICK AND MITCHELL, A P.C. 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
2018: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
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: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING 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: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING 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: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING 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: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MCCORMICK AND MITCHELL, A P.C. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

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