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

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

JOHN P. RUSSELL INSURANCE AGENCY, INC. 401K 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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. RUSSELL INSURANCE AGENCY INC. has sponsored the creation of one or more 401k plans.

Company Name:JOHN P. RUSSELL INSURANCE AGENCY INC.
Employer identification number (EIN):043499873
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOHN P. RUSSELL2024-05-21
0012022-01-01JOHN P. RUSSELL2023-05-22
0012021-01-01JOHN P. RUSSELL2022-06-07
0012020-01-01
0012019-01-01JOHN P RUSSELL2020-07-23 JOHN P RUSSELL2020-07-23
0012018-01-01KRISTEN BERTELETTI2019-10-09
0012017-01-01JOHN RUSSELL2018-10-11
0012016-01-01JOHN RUSSELL2017-08-02
0012015-01-01JOHN RUSSELL2016-06-22
0012014-01-01JOHN RUSSELL2015-07-08 JOHN P. RUSSELL2015-07-08
0012013-01-01WALTER MENDONCA2014-07-09 WALTER MENONCA2014-07-09

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

Measure Date Value
2025 : JOHN P. RUSSELL INSURANCE AGENCY, INC. 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1443724
Net assets as of the end of the plan year2025-07-14924382
Total assets as of the beginning of the plan year2025-07-14757175
Value of plan covered by a fidelity bond2025-07-1450000
Participant contributions to plan in this plan year2025-07-1496486
Other contributions to plan in this plan year2025-07-140
Other income to plan in this plan year2025-07-1482998
Plan net income in this plan year2025-07-14167207
Net assets as of the end of the plan year2025-07-14924382
Net assets as of the beginning of the plan year2025-07-14757175
Employer contributions to plan in this plan year2025-07-1431447
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-14330
2024 : JOHN P. RUSSELL INSURANCE AGENCY, INC. 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-210
Total liabilities as of the beginning of the plan year2024-05-210
Total expenses incurred by plan in this plan year2024-05-21220
Net assets as of the end of the plan year2024-05-21757175
Total assets as of the beginning of the plan year2024-05-21556016
Value of plan covered by a fidelity bond2024-05-2150000
Participant contributions to plan in this plan year2024-05-2182838
Other contributions to plan in this plan year2024-05-210
Other income to plan in this plan year2024-05-2189013
Plan net income in this plan year2024-05-21201159
Net assets as of the end of the plan year2024-05-21757175
Net assets as of the beginning of the plan year2024-05-21556016
Employer contributions to plan in this plan year2024-05-2129528
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-21220

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