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INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 401k Plan overview

Plan NameINSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN
Plan identification number 001

INSURANCE MANAGEMENT COMPANY PROFIT SHARING 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.
  • 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.
  • Life insurance

401k Sponsoring company profile

INSURANCE MANAGEMENT COMPANY has sponsored the creation of one or more 401k plans.

Company Name:INSURANCE MANAGEMENT COMPANY
Employer identification number (EIN):251142710
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about INSURANCE MANAGEMENT COMPANY

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division
Incorporation Date: 2005-09-09
Company Identification Number: 80990
Legal Registered Office Address: 17 G W Tatro Dr

Jeffersonville
United States of America (USA)
05464

More information about INSURANCE MANAGEMENT COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-07-01JOHN C. BLOOMSTINE2024-08-08
0012022-07-01JOHN C. BLOOMSTINE2023-10-10
0012021-07-01JOHN C. BLOOMSTINE2022-08-31
0012020-07-01JOHN BLOOMSTINE2021-10-28
0012019-07-01JOHN BLOOMSTINE2020-12-08
0012018-07-01JOHN C BLOOMSTINE2019-12-23
0012017-07-01JOHN C BLOOMSTINE
0012016-07-01BDUBIK
0012015-07-01BDUBIK
0012014-07-01BDUBIK
0012013-07-01BDUBIK
0012012-07-01BDUBIK
0012011-07-01BETH DUBIK2012-08-31
0012010-07-01BETH DUBIK2011-08-17
0012007-07-01

Financial Data on INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN

Measure Date Value
2025 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-110
Total liabilities as of the end of the plan year2025-06-110
Total liabilities as of the beginning of the plan year2025-06-110
Total expenses incurred by plan in this plan year2025-06-1116987073
Net assets as of the end of the plan year2025-06-110
Total assets as of the beginning of the plan year2025-06-1116411468
Value of plan covered by a fidelity bond2025-06-11500000
Participant contributions to plan in this plan year2025-06-1119185
Other expenses paid from plan in this plan year2025-06-110
Other contributions to plan in this plan year2025-06-110
Other income to plan in this plan year2025-06-11450489
Plan net income in this plan year2025-06-11-16411468
Net assets as of the end of the plan year2025-06-110
Net assets as of the beginning of the plan year2025-06-1116411468
Employer contributions to plan in this plan year2025-06-11105931
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-1113741
2024 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-080
Total liabilities as of the end of the plan year2024-08-080
Total liabilities as of the beginning of the plan year2024-08-080
Total expenses incurred by plan in this plan year2024-08-08302400
Net assets as of the end of the plan year2024-08-0816411468
Total assets as of the beginning of the plan year2024-08-0814747146
Value of plan covered by a fidelity bond2024-08-08500000
Participant contributions to plan in this plan year2024-08-08246757
Value of participant loans at end of plan year2024-08-082978
Other expenses paid from plan in this plan year2024-08-080
Other income to plan in this plan year2024-08-081623950
Plan net income in this plan year2024-08-081664322
Net assets as of the end of the plan year2024-08-0816411468
Net assets as of the beginning of the plan year2024-08-0814747146
Employer contributions to plan in this plan year2024-08-0896015
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-0843845
2022 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-3192462
Net assets as of the end of the plan year2022-08-3111107940
Total assets as of the beginning of the plan year2022-08-3112295465
Value of plan covered by a fidelity bond2022-08-31500000
Participant contributions to plan in this plan year2022-08-31227538
Value of participant loans at end of plan year2022-08-310
Other contributions to plan in this plan year2022-08-3152954
Other income to plan in this plan year2022-08-31-1461562
Plan net income in this plan year2022-08-31-1187525
Net assets as of the end of the plan year2022-08-3111107940
Net assets as of the beginning of the plan year2022-08-3112295465
Employer contributions to plan in this plan year2022-08-3186007
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-3132367
2018 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-06-30$1,788,798
Expenses. Total of all expenses incurred2018-06-30$35,105
Benefits paid (including direct rollovers)2018-06-30$14,087
Total plan assets at end of year2018-06-30$11,390,625
Total plan assets at beginning of year2018-06-30$9,636,932
Value of fidelity bond covering the plan2018-06-30$500,000
Total contributions received or receivable from participants2018-06-30$229,142
Other income received2018-06-30$1,408,550
Net income (gross income less expenses)2018-06-30$1,753,693
Net plan assets at end of year (total assets less liabilities)2018-06-30$11,390,625
Net plan assets at beginning of year (total assets less liabilities)2018-06-30$9,636,932
Assets. Value of participant loans2018-06-30$20,293
Total contributions received or receivable from employer(s)2018-06-30$151,106
Expenses. Administrative service providers (salaries,fees and commissions)2018-06-30$21,018
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-06-30$0
2017 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-06-30$1,907,949
Expenses. Total of all expenses incurred2017-06-30$99,659
Benefits paid (including direct rollovers)2017-06-30$81,682
Total plan assets at end of year2017-06-30$9,636,932
Total plan assets at beginning of year2017-06-30$7,828,642
Value of fidelity bond covering the plan2017-06-30$500,000
Total contributions received or receivable from participants2017-06-30$202,921
Contributions received from other sources (not participants or employers)2017-06-30$1,703
Other income received2017-06-30$1,558,648
Net income (gross income less expenses)2017-06-30$1,808,290
Net plan assets at end of year (total assets less liabilities)2017-06-30$9,636,932
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$7,828,642
Assets. Value of participant loans2017-06-30$26,758
Total contributions received or receivable from employer(s)2017-06-30$144,677
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$17,977
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-06-30$0
2016 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-06-30$6,402
Expenses. Total of all expenses incurred2016-06-30$23,900
Benefits paid (including direct rollovers)2016-06-30$7,074
Total plan assets at end of year2016-06-30$7,828,642
Total plan assets at beginning of year2016-06-30$7,846,140
Value of fidelity bond covering the plan2016-06-30$500,000
Total contributions received or receivable from participants2016-06-30$244,477
Other income received2016-06-30$-383,252
Net income (gross income less expenses)2016-06-30$-17,498
Net plan assets at end of year (total assets less liabilities)2016-06-30$7,828,642
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$7,846,140
Assets. Value of participant loans2016-06-30$25,020
Total contributions received or receivable from employer(s)2016-06-30$145,177
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$16,826
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-30$0
2015 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-06-30$443,031
Expenses. Total of all expenses incurred2015-06-30$23,422
Benefits paid (including direct rollovers)2015-06-30$2,207
Total plan assets at end of year2015-06-30$7,846,140
Total plan assets at beginning of year2015-06-30$7,426,531
Value of fidelity bond covering the plan2015-06-30$500,000
Total contributions received or receivable from participants2015-06-30$174,524
Contributions received from other sources (not participants or employers)2015-06-30$3,367
Other income received2015-06-30$160,229
Net income (gross income less expenses)2015-06-30$419,609
Net plan assets at end of year (total assets less liabilities)2015-06-30$7,846,140
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$7,426,531
Assets. Value of participant loans2015-06-30$13,399
Total contributions received or receivable from employer(s)2015-06-30$104,911
Expenses. Administrative service providers (salaries,fees and commissions)2015-06-30$21,215
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$0
2014 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-06-30$1,239,676
Expenses. Total of all expenses incurred2014-06-30$104,763
Benefits paid (including direct rollovers)2014-06-30$88,929
Total plan assets at end of year2014-06-30$7,426,531
Total plan assets at beginning of year2014-06-30$6,291,618
Value of fidelity bond covering the plan2014-06-30$500,000
Total contributions received or receivable from participants2014-06-30$151,565
Other income received2014-06-30$995,533
Net income (gross income less expenses)2014-06-30$1,134,913
Net plan assets at end of year (total assets less liabilities)2014-06-30$7,426,531
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$6,291,618
Assets. Value of participant loans2014-06-30$20,713
Total contributions received or receivable from employer(s)2014-06-30$92,578
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$15,834
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$0
2013 : INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-06-30$1,100,549
Expenses. Total of all expenses incurred2013-06-30$28,985
Benefits paid (including direct rollovers)2013-06-30$10,641
Total plan assets at end of year2013-06-30$6,291,618
Total plan assets at beginning of year2013-06-30$5,220,054
Value of fidelity bond covering the plan2013-06-30$500,000
Total contributions received or receivable from participants2013-06-30$150,904
Other income received2013-06-30$855,081
Net income (gross income less expenses)2013-06-30$1,071,564
Net plan assets at end of year (total assets less liabilities)2013-06-30$6,291,618
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$5,220,054
Assets. Value of participant loans2013-06-30$27,952
Total contributions received or receivable from employer(s)2013-06-30$94,564
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$18,344
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$0

Form 5500 Responses for INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN

2017: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – InsuranceYes
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement – InsuranceYes
2017-07-01Plan benefit arrangement - TrustYes
2016: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01Submission has been amendedNo
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planNo
2016-07-01Plan funding arrangement – InsuranceYes
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement – InsuranceYes
2016-07-01Plan benefit arrangement - TrustYes
2015: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01Submission has been amendedNo
2015-07-01This submission is the final filingNo
2015-07-01This return/report is a short plan year return/report (less than 12 months)No
2015-07-01Plan is a collectively bargained planNo
2015-07-01Plan funding arrangement – InsuranceYes
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement – InsuranceYes
2015-07-01Plan benefit arrangement - TrustYes
2014: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – InsuranceYes
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement – InsuranceYes
2014-07-01Plan benefit arrangement - TrustYes
2013: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – InsuranceYes
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement – InsuranceYes
2013-07-01Plan benefit arrangement - TrustYes
2012: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – InsuranceYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement – InsuranceYes
2012-07-01Plan benefit arrangement - TrustYes
2007: INSURANCE MANAGEMENT COMPANY PROFIT SHARING PLAN 2007 form 5500 responses
2007-07-01Type of plan entitySingle employer plan
2007-07-01Submission has been amendedNo
2007-07-01This submission is the final filingNo
2007-07-01This return/report is a short plan year return/report (less than 12 months)No
2007-07-01Plan is a collectively bargained planNo

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number41521
Policy instance 2
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number54135
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number41521
Policy instance 2
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number54135
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number41521
Policy instance 2
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number54135
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number41521
Policy instance 2
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number54135
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number41521
Policy instance 2
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number54135
Policy instance 1

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