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FORM 5500 DATA

A J. Dwoskin & Associates, Inc. Employee 401k Plan

Overview

Plan Information

  • Plan Year01/01/2010 — 12/31/2010
  • Date of Plan01/01/1989
  • Net Assets as of 12/31/2010 $5,268,543
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Report Description This is an amended report.
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2010

  • Active (Eligible) Participants77
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits35
  • Subtotal113
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total113
  • Total number of participants as of 01/01/2010126
  • Number of participants with account balances109
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested27

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address9302 Lee Highway Suite 300
  • CityFairfax
  • StateVA
  • Zip22031
  • EIN54-1013098
  • Industry Code531110
  • Named AdministratorMichelle Fearn

Plan Administrator Information

  • Administrator NameA. J. Dwoskin & Associates, Inc.
  • Address9302 Lee Highway Suite 300
  • CityFairfax
  • StateVA
  • Zip22031
  • Administrator EIN54-1013098

Audit Information

  • Audit StatusAudited
  • AuditorRoberts & Associates
  • Auditor EIN52-1348016
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G 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.
2J 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.
2K 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 contributions 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.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $3,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? Yes
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? Yes

Financials

Income and Expense Statement

Income $992,435
Contributions $508,951
Cash Contributions $508,951
Cash from Employers $152,436
Cash from Participants $344,171
Others (including rollovers) $12,344
Noncash Contributions $0
Total Earnings on Investments $483,484
Total Interest $66,198
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $7,136
Interest from Other Investments $59,062
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $417,286
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $326,247
Total Benefit Payments $300,163
Directly to participants or beneficiaries, including direct rollovers $300,163
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $26,084
Professional Fees $0
Contract Administrator Fees $5,304
Investment Advisory and management fees $20,780
Other Administrative Fees $0
Net Income $666,188
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2010 12/31/2009 Change YOY
Total Assets $5,268,543 $4,602,355 14.47%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $193,463 $154,162 25.49%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $3,091,592 $2,556,582 20.93%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $1,983,488 $1,891,611 4.86%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $5,268,543 $4,602,355 14.47%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Massachusetts Mutual Life Ins. Co.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Massachusetts Mutual Life Ins. Co. Recordkeeping fees Service Provider $26,084 $0 $26,084
Massachusetts Mutual Life Ins. Co. Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees, Soft dollars commissions, Other investment fees and expenses, Other fees Contract Administrator $0 $0 $0
Total $26,084 $0 $26,084

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Massachusetts Mutual Life Ins. Co. Select Indexed Eqty Northrn Trust Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Sm Cap Gr W & R/Wellington Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Mid Cap Gr II Trp/Frontier Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Sel Blue Chip Growth T.Rowe Price Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retirement 2010 T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retirement 2020 T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retirement 2030 T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retirement 2040 T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Pimco Total Return Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Nfj Small Cap Value Allianz Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Adv Spec Mid Cap Val Wells Fargo Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retirement 2050 T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Growth America American Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retirement Income T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Lg Cap Value American Beacon Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Equity Ofi Sub-transfer agency fees, Other fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Europacific Growth American Sub-transfer agency fees Basis Points * Plan Assets $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Sia-Wz Select Pimco Total Return Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $293,575
Sia-Mz Lg Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $274,901
Sia-Gw Growth America Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $268,883
Sia-Lt Retirement 2020 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $253,786
Sia-I Premier Int'L Equity Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $220,488
Sia-Vr Adv Spec Mid Cap Val Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $209,625
Sia-N1 Equity Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $197,458
Sia-Pt Retirement 2030 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $196,345
Sia-Ww Nfj Small Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $172,879
Sia-Sc Select Sm Cap Gr Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $164,876
Sia-W1 Sel Blue Chip Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $155,836
Sia-W9 Select Mid Cap Gr II Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $145,292
Sia-Bt Retirement Income Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $120,090
Sia-Kr Europacific Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $118,748
Sia-Qt Retirement 2040 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $117,102
Sia-X Select Indexed Eqty Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $107,998
Sia-Ft Retirement 2010 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $45,580
Sia-Ot Retirement 2050 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $28,132
Total $3,091,594

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Massachusetts Mutual Life Insurance Company 113
EIN 04-1590850
Industry Code 65935
Contract Number FL 6917
Contract Year 01/01/2010 — 12/31/2010
Value in General Account at Year End $0
Value in Separate Accounts at Year End $3,091,592
Insurance Fees and Commissions $16,652
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Alan L Meltzer 6500 Rock Spring Dr #500 Bethesda, MD 20817 Insurance Agent or Broker $13,581 $0
Partners Mktg Services of Pa Inc 1250 S Capital of Tx Hwy West Lake Hills, TX 78746 Agent or Broker other than Insurance $3,071 $0
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract GROUP ANNUITY CONTRACT
Balance at the end of the previous year $1,891,611
Additions $715,830
Contributions Deposited during the year $496,607
Dividends and credits $0
Interest credited during the year $59,062
Transferred from separate account $27,953
Other $132,208
Total of Balance and Additions $2,607,441
Deductions $623,953
Disbursed from fund to pay benefits or purchase annuities during the year $78,908
Administration charge made by carrier $10,269
Transferred to Separate Account $481,272
Other $53,504
Balance at the end of the current year $1,983,488