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FORM 5500 DATA

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

Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan01/01/1989
  • Net Assets as of 12/31/2018 $8,348,006
  • 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
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2018

  • Active (Eligible) Participants114
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits100
  • Subtotal214
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total214
  • Total number of participants as of 01/01/2018203
  • Number of participants with account balances213
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested9

Expenses

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

Sponsor Information

  • Address3201 Jermantown Road Suite 700
  • CityFairfax
  • StateVA
  • Zip22030
  • Telephone(703) 273-9320
  • EIN54-1013098
  • Industry Code531310
  • Named AdministratorNatalia Ostroveanu

Audit Information

  • Audit StatusAudited
  • AuditorMatthews, Carter, and Boyce
  • Auditor EIN54-1487262
  • 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.
3D 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.

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 $500,000
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? No
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? No

Financials

Income and Expense Statement

Income $595,555
Contributions $983,244
Cash Contributions $983,244
Cash from Employers $324,286
Cash from Participants $637,951
Others (including rollovers) $21,007
Noncash Contributions $0
Total Earnings on Investments $-389,659
Total Interest $16,565
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $16,565
Interest from Other Investments $0
Total Dividends $212,830
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 $-213,294
Net investment gain (loss) from pooled separate accounts $0
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 $-405,760
Other Income $1,970
Expenses $234,101
Total Benefit Payments $224,019
Directly to participants or beneficiaries, including direct rollovers $224,019
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 $10,082
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $10,082
Net Income $361,454
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2018 12/31/2017 Change YOY
Total Assets $8,348,006 $7,986,552 4.53%
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 $380,454 $304,472 24.96%
Value of interest in common/collective trusts $5,419,608 $1,600,409 238.64%
Value of interest in pooled separate accounts $0 $0 0.0%
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 $2,547,944 $6,081,671 -58.10%
Value of funds held in insurance co. general account $0 $0 0.0%
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 $8,348,006 $7,986,552 4.53%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Alps Distributors, Inc.
  • American Funds Distributors, Inc.
  • Federated Securities Corp.
  • Fidelity Distributors Corp.
  • Invesco
  • J.P. Morgan Investment Management
  • Janus Distributors, LLC
  • Legg Mason Investor Services, LLC
  • Lord Abbett Distributor, LLC
  • Principal Funds Distributor, Inc.
  • SEI
  • State Street Corporation
  • T. Rowe Price
  • Vanguard
  • Victory Capital Management

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
Adp, LLC Participant loan processing, Direct payment from the plan, Recordkeeping and information management (computing, tabulating, data processing, etc.), Recordkeeping fees Record Keeper $8,332 $0 $8,332
Adp Broker-Dealer Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees, Other services, Other fees Record Keeper $0 $0 $0
Total $8,332 $0 $8,332

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Adp Broker-Dealer American Funds Distributors, Inc. Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00500 of Average Daily Assets Annual Rate 0.00150 of Average Daily Assets $0
Adp Broker-Dealer Federated Securities Corp. Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer Invesco Other fees, Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00520 of Average Daily Assets Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer J.P. Morgan Investment Management Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer Janus Distributors, LLC Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily Assets Annual Rate 0.00100 of Average Daily Assets Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer Legg Mason Investor Services, LLC Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer Lord Abbett Distributor, LLC Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer State Street Corporation Other fees Annual Rate 0.00320 of Average Daily Assets Annual Rate 0.00420 of Average Daily Assets Annual Rate 0.00500 of Average Daily Assets Annual Rate 0.00380 of Average Daily Assets Annual Rate 0.00500 of Average Daily Assets $0
Adp Broker-Dealer T. Rowe Price Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily Assets Annual Rate 0.00150 of Average Daily Assets Annual Rate 0.00250 of Average Daily Assets Annual Rate 0.00150 of Average Daily Assets Annual Rate 0.00250 of Average Daily Assets $0
Adp Broker-Dealer Victory Capital Management Distribution (12b-1) fees, Sub-transfer agency fees, Shareholder servicing fees Annual Rate 0.00250 of Average Daily 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
Flexpath Idx Mod 2035 I1 Wilmington Trust DFE: Common/Collective Trust $1,131,350
Flexpath Idx Mod 2025 I1 Wilmington Trust DFE: Common/Collective Trust $806,716
Invesco Stable Asset - Adp59 Invesco Trust Company DFE: Common/Collective Trust $722,503
Blackrock Eq Index 1 Wilmington Trust DFE: Common/Collective Trust $699,945
Flexpath Idx Mod 2045 I1 Wilmington Trust DFE: Common/Collective Trust $583,016
Flexpath Idx Mod Ret I1 Wilmington Trust DFE: Common/Collective Trust $539,694
Blackrock Us Debt Idx 1 Wilmington Trust DFE: Common/Collective Trust $435,087
Flexpath Idx Mod 2055 I1 Wilmington Trust DFE: Common/Collective Trust $357,874
Blackrock Eafe Eq Idx 1 Wilmington Trust DFE: Common/Collective Trust $130,693
Pimco Stable Income Fund Sei Trust Company DFE: Common/Collective Trust $12,628
Flexpath Idx Agg 2055 I1 Wilmington Trust DFE: Common/Collective Trust $102
State St Reit Idx Nls G State Street Bank & Trust Co DFE: Common/Collective Trust $0
State St S&P Md Cp Idx Nl G State Street Bank & Trust Co DFE: Common/Collective Trust $0
State St S&P 500 Idx VIII State Street Bank & Trust Co DFE: Common/Collective Trust $0
State St Russ Sc Idx VI State Street Bank & Trust Co DFE: Common/Collective Trust $0
State St Intl Idx Sec Lend VII State Street Bank & Trust Co DFE: Common/Collective Trust $0
State St Us Bd Idx Sl VII State Street Bank & Trust Co DFE: Common/Collective Trust $0
Total $5,419,608

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.