?>
Logo

NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan NameNEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN
Plan identification number 001

NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

NEW ENGLAND INSURANCE SPECIALISTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW ENGLAND INSURANCE SPECIALISTS, INC.
Employer identification number (EIN):043328112
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-12-01
0012021-12-01
0012020-12-01
0012019-12-01
0012018-12-01
0012018-12-01
0012017-12-01
0012016-12-01
0012015-12-01
0012014-12-01ROBERT MCLAUGHLIN2017-02-22 ROBERT MCLAUGHLIN2017-02-22
0012013-12-01ROBERT MCLAUGHLIN2017-02-22 ROBERT MCLAUGHLIN2017-02-22
0012012-12-01ROBERT MCLAUGHLIN2017-02-21 ROBERT MCLAUGHLIN2017-02-21

Plan Statistics for NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN

Measure Date Value
2023: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2023 401k membership
Market value of plan assets2023-11-303,121,568
Acturial value of plan assets2023-11-303,121,568
Funding target for retired participants and beneficiaries receiving payment2023-11-300
Number of terminated vested participants2023-11-302
Fundng target for terminated vested participants2023-11-3018,778
Active participant vested funding target2023-11-302,651,070
Number of active participants2023-11-303
Total funding liabilities for active participants2023-11-302,651,070
Total participant count2023-11-305
Total funding target for all participants2023-11-302,669,848
Balance at beginning of prior year after applicable adjustments2023-11-300
Prefunding balance at beginning of prior year after applicable adjustments2023-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2023-11-300
Prefunding balanced used to offset prior years funding requirement2023-11-300
Amount remaining of carryover balance2023-11-300
Amount remaining of prefunding balance2023-11-300
Present value of excess contributions2023-11-30541,870
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-11-30572,486
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-11-300
Reductions in caryover balances due to elections or deemed elections2023-11-300
Reductions in prefunding balances due to elections or deemed elections2023-11-300
Balance of carryovers at beginning of current year2023-11-300
Balance of prefunding at beginning of current year2023-11-300
Total employer contributions2023-11-300
Total employee contributions2023-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2023-11-300
Contributions made to avoid restrictions adjusted to valuation date2023-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-11-300
Unpaid minimum required contributions for all prior years2023-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-11-300
Remaining amount of unpaid minimum required contributions2023-11-300
Minimum required contributions for current year target normal cost2023-11-300
Net shortfall amortization installment of oustanding balance2023-11-300
Waiver amortization installment2023-11-300
Total funding amount beforereflecting carryover/prefunding balances2023-11-300
Carryover balance elected to use to offset funding requirement2023-11-300
Prefunding balance elected to use to offset funding requirement2023-11-300
Additional cash requirement2023-11-300
Contributions allocatedtoward minimum required contributions for current year2023-11-300
Unpaid minimum required contributions for current year2023-11-300
Unpaid minimum required contributions for all years2023-11-300
2022: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-11-302,817,861
Acturial value of plan assets2022-11-302,817,861
Funding target for retired participants and beneficiaries receiving payment2022-11-300
Number of terminated vested participants2022-11-302
Fundng target for terminated vested participants2022-11-3016,655
Active participant vested funding target2022-11-302,605,544
Number of active participants2022-11-303
Total funding liabilities for active participants2022-11-302,605,544
Total participant count2022-11-305
Total funding target for all participants2022-11-302,622,199
Balance at beginning of prior year after applicable adjustments2022-11-300
Prefunding balance at beginning of prior year after applicable adjustments2022-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2022-11-300
Prefunding balanced used to offset prior years funding requirement2022-11-300
Amount remaining of carryover balance2022-11-300
Amount remaining of prefunding balance2022-11-300
Present value of excess contributions2022-11-30341,272
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-11-30360,076
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-11-300
Reductions in caryover balances due to elections or deemed elections2022-11-300
Reductions in prefunding balances due to elections or deemed elections2022-11-300
Balance of carryovers at beginning of current year2022-11-300
Balance of prefunding at beginning of current year2022-11-300
Total employer contributions2022-11-30555,000
Total employee contributions2022-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-11-300
Contributions made to avoid restrictions adjusted to valuation date2022-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-11-30541,870
Unpaid minimum required contributions for all prior years2022-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-11-300
Remaining amount of unpaid minimum required contributions2022-11-300
Minimum required contributions for current year target normal cost2022-11-3082,957
Net shortfall amortization installment of oustanding balance2022-11-300
Waiver amortization installment2022-11-300
Total funding amount beforereflecting carryover/prefunding balances2022-11-300
Carryover balance elected to use to offset funding requirement2022-11-300
Prefunding balance elected to use to offset funding requirement2022-11-300
Additional cash requirement2022-11-300
Contributions allocatedtoward minimum required contributions for current year2022-11-30541,870
Unpaid minimum required contributions for current year2022-11-300
Unpaid minimum required contributions for all years2022-11-300
2021: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-11-302,399,403
Acturial value of plan assets2021-11-302,399,403
Funding target for retired participants and beneficiaries receiving payment2021-11-300
Number of terminated vested participants2021-11-302
Fundng target for terminated vested participants2021-11-3014,870
Active participant vested funding target2021-11-301,363,734
Number of active participants2021-11-303
Total funding liabilities for active participants2021-11-301,363,734
Total participant count2021-11-305
Total funding target for all participants2021-11-301,378,604
Balance at beginning of prior year after applicable adjustments2021-11-300
Prefunding balance at beginning of prior year after applicable adjustments2021-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2021-11-300
Prefunding balanced used to offset prior years funding requirement2021-11-300
Amount remaining of carryover balance2021-11-300
Amount remaining of prefunding balance2021-11-300
Present value of excess contributions2021-11-30360,679
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-11-30377,739
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-11-300
Reductions in caryover balances due to elections or deemed elections2021-11-300
Reductions in prefunding balances due to elections or deemed elections2021-11-300
Balance of carryovers at beginning of current year2021-11-300
Balance of prefunding at beginning of current year2021-11-300
Total employer contributions2021-11-30346,986
Total employee contributions2021-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-11-300
Contributions made to avoid restrictions adjusted to valuation date2021-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-11-30341,272
Unpaid minimum required contributions for all prior years2021-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-11-300
Remaining amount of unpaid minimum required contributions2021-11-300
Minimum required contributions for current year target normal cost2021-11-30114,223
Net shortfall amortization installment of oustanding balance2021-11-300
Waiver amortization installment2021-11-300
Total funding amount beforereflecting carryover/prefunding balances2021-11-300
Carryover balance elected to use to offset funding requirement2021-11-300
Prefunding balance elected to use to offset funding requirement2021-11-300
Additional cash requirement2021-11-300
Contributions allocatedtoward minimum required contributions for current year2021-11-30341,272
Unpaid minimum required contributions for current year2021-11-300
Unpaid minimum required contributions for all years2021-11-300
2020: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-11-301,986,911
Acturial value of plan assets2020-11-301,986,911
Funding target for retired participants and beneficiaries receiving payment2020-11-300
Number of terminated vested participants2020-11-301
Fundng target for terminated vested participants2020-11-307,885
Active participant vested funding target2020-11-301,223,436
Number of active participants2020-11-304
Total funding liabilities for active participants2020-11-301,223,436
Total participant count2020-11-305
Total funding target for all participants2020-11-301,231,321
Balance at beginning of prior year after applicable adjustments2020-11-300
Prefunding balance at beginning of prior year after applicable adjustments2020-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2020-11-300
Prefunding balanced used to offset prior years funding requirement2020-11-300
Amount remaining of carryover balance2020-11-300
Amount remaining of prefunding balance2020-11-300
Present value of excess contributions2020-11-30427,953
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-11-30448,238
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-11-300
Reductions in caryover balances due to elections or deemed elections2020-11-300
Reductions in prefunding balances due to elections or deemed elections2020-11-300
Balance of carryovers at beginning of current year2020-11-300
Balance of prefunding at beginning of current year2020-11-300
Total employer contributions2020-11-30371,207
Total employee contributions2020-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2020-11-300
Contributions made to avoid restrictions adjusted to valuation date2020-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-11-30360,679
Unpaid minimum required contributions for all prior years2020-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-11-300
Remaining amount of unpaid minimum required contributions2020-11-300
Minimum required contributions for current year target normal cost2020-11-30112,208
Net shortfall amortization installment of oustanding balance2020-11-300
Waiver amortization installment2020-11-300
Total funding amount beforereflecting carryover/prefunding balances2020-11-300
Carryover balance elected to use to offset funding requirement2020-11-300
Prefunding balance elected to use to offset funding requirement2020-11-300
Additional cash requirement2020-11-300
Contributions allocatedtoward minimum required contributions for current year2020-11-30360,679
Unpaid minimum required contributions for current year2020-11-300
Unpaid minimum required contributions for all years2020-11-300
2019: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-11-301,500,053
Acturial value of plan assets2019-11-301,500,053
Funding target for retired participants and beneficiaries receiving payment2019-11-300
Number of terminated vested participants2019-11-301
Fundng target for terminated vested participants2019-11-306,992
Active participant vested funding target2019-11-301,064,105
Number of active participants2019-11-304
Total funding liabilities for active participants2019-11-301,064,105
Total participant count2019-11-305
Total funding target for all participants2019-11-301,071,097
Balance at beginning of prior year after applicable adjustments2019-11-300
Prefunding balance at beginning of prior year after applicable adjustments2019-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2019-11-300
Prefunding balanced used to offset prior years funding requirement2019-11-300
Amount remaining of carryover balance2019-11-300
Amount remaining of prefunding balance2019-11-300
Present value of excess contributions2019-11-30289,890
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-11-30303,486
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-11-300
Reductions in prefunding balances due to elections or deemed elections2019-11-300
Balance of carryovers at beginning of current year2019-11-300
Balance of prefunding at beginning of current year2019-11-300
Total employer contributions2019-11-30371,207
Total employee contributions2019-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-11-300
Contributions made to avoid restrictions adjusted to valuation date2019-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-11-30359,937
Unpaid minimum required contributions for all prior years2019-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-11-300
Remaining amount of unpaid minimum required contributions2019-11-300
Minimum required contributions for current year target normal cost2019-11-30107,397
Net shortfall amortization installment of oustanding balance2019-11-300
Waiver amortization installment2019-11-300
Total funding amount beforereflecting carryover/prefunding balances2019-11-300
Carryover balance elected to use to offset funding requirement2019-11-300
Prefunding balance elected to use to offset funding requirement2019-11-300
Additional cash requirement2019-11-300
Contributions allocatedtoward minimum required contributions for current year2019-11-30359,937
Unpaid minimum required contributions for current year2019-11-300
Unpaid minimum required contributions for all years2019-11-300
2018: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-11-301,188,244
Acturial value of plan assets2018-11-301,188,244
Funding target for retired participants and beneficiaries receiving payment2018-11-300
Number of terminated vested participants2018-11-300
Fundng target for terminated vested participants2018-11-300
Active participant vested funding target2018-11-30897,564
Number of active participants2018-11-305
Total funding liabilities for active participants2018-11-30897,564
Total participant count2018-11-305
Total funding target for all participants2018-11-30897,564
Balance at beginning of prior year after applicable adjustments2018-11-300
Prefunding balance at beginning of prior year after applicable adjustments2018-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2018-11-300
Prefunding balanced used to offset prior years funding requirement2018-11-300
Amount remaining of carryover balance2018-11-300
Amount remaining of prefunding balance2018-11-300
Present value of excess contributions2018-11-30273,619
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-11-30290,091
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-11-30290,091
Reductions in caryover balances due to elections or deemed elections2018-11-300
Reductions in prefunding balances due to elections or deemed elections2018-11-30290,091
Balance of carryovers at beginning of current year2018-11-300
Balance of prefunding at beginning of current year2018-11-300
Total employer contributions2018-11-30300,000
Total employee contributions2018-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2018-11-300
Contributions made to avoid restrictions adjusted to valuation date2018-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-11-30289,890
Unpaid minimum required contributions for all prior years2018-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-11-300
Remaining amount of unpaid minimum required contributions2018-11-300
Minimum required contributions for current year target normal cost2018-11-30122,866
Net shortfall amortization installment of oustanding balance2018-11-300
Waiver amortization installment2018-11-300
Total funding amount beforereflecting carryover/prefunding balances2018-11-300
Carryover balance elected to use to offset funding requirement2018-11-300
Prefunding balance elected to use to offset funding requirement2018-11-300
Additional cash requirement2018-11-300
Contributions allocatedtoward minimum required contributions for current year2018-11-30289,890
Unpaid minimum required contributions for current year2018-11-300
Unpaid minimum required contributions for all years2018-11-300
2017: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-11-30971,416
Acturial value of plan assets2017-11-30971,416
Funding target for retired participants and beneficiaries receiving payment2017-11-300
Number of terminated vested participants2017-11-300
Fundng target for terminated vested participants2017-11-300
Active participant vested funding target2017-11-30546,436
Number of active participants2017-11-305
Total funding liabilities for active participants2017-11-30546,436
Total participant count2017-11-305
Total funding target for all participants2017-11-30546,436
Balance at beginning of prior year after applicable adjustments2017-11-300
Prefunding balance at beginning of prior year after applicable adjustments2017-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2017-11-300
Prefunding balanced used to offset prior years funding requirement2017-11-300
Amount remaining of carryover balance2017-11-300
Amount remaining of prefunding balance2017-11-300
Present value of excess contributions2017-11-30195,504
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-11-30207,625
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-11-30207,625
Reductions in prefunding balances due to elections or deemed elections2017-11-30207,625
Balance of carryovers at beginning of current year2017-11-300
Balance of prefunding at beginning of current year2017-11-300
Total employer contributions2017-11-30297,714
Total employee contributions2017-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-11-300
Contributions made to avoid restrictions adjusted to valuation date2017-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-11-30273,619
Unpaid minimum required contributions for all prior years2017-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-11-300
Remaining amount of unpaid minimum required contributions2017-11-300
Minimum required contributions for current year target normal cost2017-11-30181,994
Net shortfall amortization installment of oustanding balance2017-11-300
Waiver amortization installment2017-11-300
Total funding amount beforereflecting carryover/prefunding balances2017-11-300
Additional cash requirement2017-11-300
Contributions allocatedtoward minimum required contributions for current year2017-11-30273,619
Unpaid minimum required contributions for current year2017-11-300
Unpaid minimum required contributions for all years2017-11-300
2013: NEW ENGLAND INSURANCE SPECIALISTS, INC. DEFINED BENEFIT PLAN 2013 401k membership
Market value of plan assets2013-11-300
Acturial value of plan assets2013-11-300
Funding target for retired participants and beneficiaries receiving payment2013-11-300
Number of terminated vested participants2013-11-300
Fundng target for terminated vested participants2013-11-300
Active participant vested funding target2013-11-300
Number of active participants2013-11-301
Total funding liabilities for active participants2013-11-300
Total participant count2013-11-301
Total funding target for all participants2013-11-300
Balance at beginning of prior year after applicable adjustments2013-11-300
Prefunding balance at beginning of prior year after applicable adjustments2013-11-300
Carryover balanced portion elected for use to offset prior years funding requirement2013-11-300
Prefunding balanced used to offset prior years funding requirement2013-11-300
Amount remaining of carryover balance2013-11-300
Amount remaining of prefunding balance2013-11-300
Present value of excess contributions2013-11-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2013-11-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2013-11-300
Reductions in caryover balances due to elections or deemed elections2013-11-300
Reductions in prefunding balances due to elections or deemed elections2013-11-300
Balance of carryovers at beginning of current year2013-11-300
Balance of prefunding at beginning of current year2013-11-300
Total employer contributions2013-11-30233,000
Total employee contributions2013-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2013-11-300
Contributions made to avoid restrictions adjusted to valuation date2013-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2013-11-30222,777
Unpaid minimum required contributions for all prior years2013-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2013-11-300
Remaining amount of unpaid minimum required contributions2013-11-300
Minimum required contributions for current year target normal cost2013-11-300
Net shortfall amortization installment of oustanding balance2013-11-30155,656
Waiver amortization installment2013-11-300
Total funding amount beforereflecting carryover/prefunding balances2013-11-3024,304
Additional cash requirement2013-11-3024,304
Contributions allocatedtoward minimum required contributions for current year2013-11-30222,777
Unpaid minimum required contributions for current year2013-11-300
Unpaid minimum required contributions for all years2013-11-300

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3