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THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN 401k Plan overview

Plan NameTHE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN
Plan identification number 001

THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) 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
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

THE SECURITY GROUP INSURANCE AGENCY, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE SECURITY GROUP INSURANCE AGENCY, INC.
Employer identification number (EIN):043218342
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01

Financial Data on THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN

Measure Date Value
2025 : THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-073654
Net assets as of the end of the plan year2025-10-07338665
Total assets as of the beginning of the plan year2025-10-07211449
Value of plan covered by a fidelity bond2025-10-07400000
Participant contributions to plan in this plan year2025-10-0748983
Other income to plan in this plan year2025-10-0745305
Plan net income in this plan year2025-10-07127216
Net assets as of the end of the plan year2025-10-07338665
Net assets as of the beginning of the plan year2025-10-07211449
Employer contributions to plan in this plan year2025-10-0736582
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-073654
2024 : THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-171964
Net assets as of the end of the plan year2024-04-17211449
Total assets as of the beginning of the plan year2024-04-17111551
Participant contributions to plan in this plan year2024-04-1744917
Other expenses paid from plan in this plan year2024-04-170
Other income to plan in this plan year2024-04-1725316
Plan net income in this plan year2024-04-1799898
Net assets as of the end of the plan year2024-04-17211449
Net assets as of the beginning of the plan year2024-04-17111551
Employer contributions to plan in this plan year2024-04-1731629
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-171964
2022 : THE SECURITY GROUP INSURANCE AGENCY, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-23267
Net assets as of the end of the plan year2022-08-2391647
Total assets as of the beginning of the plan year2022-08-230
Participant contributions to plan in this plan year2022-08-2354400
Other expenses paid from plan in this plan year2022-08-230
Other income to plan in this plan year2022-08-232993
Plan net income in this plan year2022-08-2391647
Net assets as of the end of the plan year2022-08-2391647
Net assets as of the beginning of the plan year2022-08-230
Employer contributions to plan in this plan year2022-08-2334521
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-23267

Potentially related plans

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