P & L Development Of New York Corp 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2013. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

P & L Development Of New York Corp 401(k) Plan Facts (plan year 2013)

Plan name
P & L DEVELOPMENT, INC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
P & L DEVELOPMENT OF NEW YORK CORP
Participants
640 (575 active employees)
Former employees with a balance
22
Plan assets
$8,249,744 at Dec 31, 2013
Average account balance
$29,463 across 280 accounts
Employer contributions
$576,806 in plan year 2013 (38% of all contributions)
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Jan 1, 1996
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2013 (Jan 1, 2013 – Dec 31, 2013), filed Oct 15, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $1.51 million went into the plan in contributions, $576,806 of it from the employer (38%).
  • $781,150 was paid out to participants.
  • Investment and other income added $1.09 million.
  • Administrative expenses were $11,340, about $41 per account.

How the P & L Development Of New York Corp 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009422$2.66 million$215,350$302,478
2010406$3.73 million$259,683$128,356
2011505$4.44 million$316,081$262,521
2012568$6.44 million$863,595$331,971
2013640$8.25 million$576,806$781,150

P & L Development Of New York Corp 401(k) Contact Information

Phone
516-986-1735
Mailing address
609 2 CANTIAGUE ROCK ROAD, WESTBURY NY 11590
Plan sponsor
P & L DEVELOPMENT OF NEW YORK CORP
Employer identification number (EIN)
13-3661531
Plan number
001

Questions about the P & L Development Of New York Corp 401(k)

Is the P & L Development Of New York Corp 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2013, and no later filing was found under this employer's EIN.

Does P & L Development Of New York Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $576,806, 38% of all contributions.

Does the P & L Development Of New York Corp 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the P & L Development Of New York Corp 401(k) plan?

640 participants at the start of plan year 2013, 575 of them active employees, and 22 former employees who still had money in the plan.

What is the average 401(k) balance at P & L Development Of New York Corp?

About $29,463 per account: $8.25 million in plan assets across 280 accounts with a balance at the end of plan year 2013.

Who manages the P & L Development Of New York Corp 401(k) accounts?

Ascensus is the plan's recordkeeper, which is where participants log in to see their balance.

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