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JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN 401k Plan overview

Plan NameJOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN
Plan identification number 001

JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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

JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN has sponsored the creation of one or more 401k plans.

Company Name:JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN
Employer identification number (EIN):042469533
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVID NIXON2024-04-08
0012022-01-01DAVID NIXON2023-04-04
0012021-01-01DAVID NIXON2022-03-29
0012020-01-01DAVID NIXON2021-04-07
0012019-01-01DAVID NIXON2020-02-06
0012018-01-01DAVID NIXON2019-02-06
0012017-01-01DAVID NIXON2018-03-12
0012016-01-01DAVID NIXON2017-02-27
0012015-01-01DAVID NIXON2016-04-05
0012014-01-01DAVID NIXON2015-06-03
0012013-01-01DAVID NIXON2014-02-06
0012012-01-01DAVID NIXON2013-07-24
0012011-01-01DAVID NIXON2012-05-17
0012010-01-01DAVID NIXON2011-04-26

Financial Data on JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN

Measure Date Value
2025 : JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-2936477
Net assets as of the end of the plan year2025-05-291155501
Total assets as of the beginning of the plan year2025-05-291051111
Value of plan covered by a fidelity bond2025-05-29200000
Participant contributions to plan in this plan year2025-05-295150
Value of participant loans at end of plan year2025-05-293099
Other income to plan in this plan year2025-05-29135296
Plan net income in this plan year2025-05-29104390
Net assets as of the end of the plan year2025-05-291155501
Net assets as of the beginning of the plan year2025-05-291051111
Employer contributions to plan in this plan year2025-05-29421
2024 : JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-0827317
Net assets as of the end of the plan year2024-04-081051111
Total assets as of the beginning of the plan year2024-04-08918561
Value of plan covered by a fidelity bond2024-04-08200000
Participant contributions to plan in this plan year2024-04-084900
Value of participant loans at end of plan year2024-04-088114
Other income to plan in this plan year2024-04-08154559
Plan net income in this plan year2024-04-08132550
Net assets as of the end of the plan year2024-04-081051111
Net assets as of the beginning of the plan year2024-04-08918561
Employer contributions to plan in this plan year2024-04-08408
2022 : JOHN P. NIXON INSURANCE AGENCY, INC. 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-291386
Net assets as of the end of the plan year2022-03-291115154
Total assets as of the beginning of the plan year2022-03-291003886
Value of plan covered by a fidelity bond2022-03-29200000
Participant contributions to plan in this plan year2022-03-298730
Value of participant loans at end of plan year2022-03-2927951
Other income to plan in this plan year2022-03-29103018
Plan net income in this plan year2022-03-29111268
Net assets as of the end of the plan year2022-03-291115154
Net assets as of the beginning of the plan year2022-03-291003886
Employer contributions to plan in this plan year2022-03-29906

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