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A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameA M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 002

A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 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

A M SKIER AGENCY INC has sponsored the creation of one or more 401k plans.

Company Name:A M SKIER AGENCY INC
Employer identification number (EIN):240821287
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about A M SKIER AGENCY INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 4025449

More information about A M SKIER AGENCY INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01CURNALLO2024-07-19
0022022-01-01JOSEPH FAUBEL2023-10-13
0022021-01-01JOSEPH FAUBEL2022-10-08
0022020-01-01JOSEPH FAUBEL2021-07-30
0022019-01-01JOSEPH FAUBEL2020-09-28
0022018-01-01JOSEPH FAUBEL2019-07-29
0022017-01-01JOSEPH FAUBEL2018-07-31
0022016-01-01JOSEPH FAUBEL2017-07-30
0022015-01-01JOSEPH FAUBEL2016-09-19
0022014-01-01JOSEPH FAUBEL2015-07-17
0022013-01-01HENRY SKIER
0022012-01-01HENRY SKIER
0022011-01-01HENRY SKIER2012-07-25
0022010-01-01A M SKIER AGENCY INC2011-07-06

Financial Data on A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2024 : A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-190
Total liabilities as of the end of the plan year2024-07-190
Total liabilities as of the beginning of the plan year2024-07-190
Total expenses incurred by plan in this plan year2024-07-19690315
Net assets as of the end of the plan year2024-07-195624823
Total assets as of the beginning of the plan year2024-07-194954278
Value of plan covered by a fidelity bond2024-07-191500000
Participant contributions to plan in this plan year2024-07-19178686
Value of participant loans at end of plan year2024-07-1979794
Other expenses paid from plan in this plan year2024-07-190
Other contributions to plan in this plan year2024-07-190
Other income to plan in this plan year2024-07-19841405
Plan net income in this plan year2024-07-19670545
Net assets as of the end of the plan year2024-07-195624823
Net assets as of the beginning of the plan year2024-07-194954278
Employer contributions to plan in this plan year2024-07-19340769
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1932405
2022 : A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-080
Total liabilities as of the end of the plan year2022-10-080
Total liabilities as of the beginning of the plan year2022-10-080
Total expenses incurred by plan in this plan year2022-10-08256834
Net assets as of the end of the plan year2022-10-085530211
Total assets as of the beginning of the plan year2022-10-084643809
Value of plan covered by a fidelity bond2022-10-081000000
Participant contributions to plan in this plan year2022-10-08130752
Value of participant loans at end of plan year2022-10-0861523
Other expenses paid from plan in this plan year2022-10-080
Other contributions to plan in this plan year2022-10-080
Other income to plan in this plan year2022-10-08755691
Plan net income in this plan year2022-10-08886402
Net assets as of the end of the plan year2022-10-085530211
Net assets as of the beginning of the plan year2022-10-084643809
Employer contributions to plan in this plan year2022-10-08256793
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-0834998
2013 : A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total income from all sources2013-12-31$356,069
Expenses. Total of all expenses incurred2013-12-31$242,086
Benefits paid (including direct rollovers)2013-12-31$239,005
Total plan assets at end of year2013-12-31$1,611,290
Total plan assets at beginning of year2013-12-31$1,497,307
Value of fidelity bond covering the plan2013-12-31$1,500,000
Total contributions received or receivable from participants2013-12-31$80,905
Expenses. Other expenses not covered elsewhere2013-12-31$161
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$275,164
Net income (gross income less expenses)2013-12-31$113,983
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,611,290
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,497,307
Assets. Value of participant loans2013-12-31$12,308
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$2,920
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$250,291
Expenses. Total of all expenses incurred2012-12-31$72,704
Benefits paid (including direct rollovers)2012-12-31$72,642
Total plan assets at end of year2012-12-31$1,497,307
Total plan assets at beginning of year2012-12-31$1,319,720
Value of fidelity bond covering the plan2012-12-31$1,500,000
Total contributions received or receivable from participants2012-12-31$88,415
Expenses. Other expenses not covered elsewhere2012-12-31$62
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$161,876
Net income (gross income less expenses)2012-12-31$177,587
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,497,307
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,319,720
Assets. Value of participant loans2012-12-31$9,465
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0

Form 5500 Responses for A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

2013: A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: A M SKIER AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-828214
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-828214
Policy instance 1

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