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RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN 401k Plan overview

Plan NameRICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN
Plan identification number 001

RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING 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.
  • 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.
  • 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

RICHARD B. RYON INSURANCE has sponsored the creation of one or more 401k plans.

Company Name:RICHARD B. RYON INSURANCE
Employer identification number (EIN):232385665
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RICHARD RYON JR2024-10-15
0012022-01-01RICHARD RYON JR2023-09-26
0012020-01-01RICHARD RYON JR2021-07-01
0012019-01-01RICHARD RYON JR.2020-10-01 RICHARD RYON JR.2020-10-01
0012018-01-01RICHARD RYON JR.2019-10-07 RICHARD RYON JR.2019-10-07
0012017-01-01RICHARD RYON JR.2018-10-09 RICHARD RYON JR.2018-10-09
0012016-01-01
0012015-01-01RICHARD RYON JR.2016-10-05 RICHARD RYON JR2016-10-05
0012015-01-01RICHARD RYON JR.2017-05-24 RICHARD RYON JR2017-05-24
0012014-01-01RICHARD RYON JR.2015-10-14
0012013-01-01VICTORIA CASTAGNO2014-08-21
0012012-01-01RICHARD RYON JR2013-07-23
0012011-01-01RICHARD RYON JR2012-08-09
0012010-01-01RYON RICHARD2011-08-16

Plan Statistics for RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN

401k plan membership statisitcs for RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN

Measure Date Value
2025: RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-1522
Total number of particpants at end of year2025-10-1521
Number of Participants With Account Balances2025-10-1515
2024: RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-1523
Total number of particpants at end of year2024-10-1522
Number of Participants With Account Balances2024-10-1516

Financial Data on RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN

Measure Date Value
2025 : RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-15160567
Net assets as of the end of the plan year2025-10-151608382
Total assets as of the beginning of the plan year2025-10-151640388
Value of plan covered by a fidelity bond2025-10-15200000
Participant contributions to plan in this plan year2025-10-1522121
Value of participant loans at end of plan year2025-10-1519363
Other income to plan in this plan year2025-10-15101228
Plan net income in this plan year2025-10-15-32006
Net assets as of the end of the plan year2025-10-151608382
Net assets as of the beginning of the plan year2025-10-151640388
Employer contributions to plan in this plan year2025-10-155212
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-15370
2024 : RICHARD B. RYON INSURANCE 401(K) & PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-158719
Net assets as of the end of the plan year2024-10-151640388
Total assets as of the beginning of the plan year2024-10-151500401
Value of plan covered by a fidelity bond2024-10-15200000
Participant contributions to plan in this plan year2024-10-1523756
Value of participant loans at end of plan year2024-10-1523091
Other income to plan in this plan year2024-10-15119329
Plan net income in this plan year2024-10-15139987
Net assets as of the end of the plan year2024-10-151640388
Net assets as of the beginning of the plan year2024-10-151500401
Employer contributions to plan in this plan year2024-10-155621
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-151031

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