401k Plan data: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN plan

FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN
Plan identification number	001

FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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.
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

FIRST SOUTH AGENCY INC has sponsored the creation of one or more 401k plans.

Company Name: FIRST SOUTH AGENCY INC

Employer identification number (EIN): 270377551

NAIC Classification: 524210
NAIC Description: Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 JERRY LITTLE
001 2011-01-01 JERRY LITTLE
001 2009-06-23 JERRY LITTLE JERRY LITTLE 2010-11-06

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	JERRY LITTLE
001	2011-01-01	JERRY LITTLE
001	2009-06-23	JERRY LITTLE	JERRY LITTLE	2010-11-06

Plan Statistics for FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2012: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 3
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 3
Number of participants with account balances 2011-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-06-23 1
Total number of active participants reported on line 7a of the Form 5500 2009-06-23 1
Number of retired or separated participants receiving benefits 2009-06-23 0
Number of other retired or separated participants entitled to future benefits 2009-06-23 0
Total of all active and inactive participants 2009-06-23 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-06-23 0
Total participants 2009-06-23 1
Number of participants with account balances 2009-06-23 1

Measure	Date	Value
2012: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	3
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	3
Number of participants with account balances	2011-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-06-23	1
Total number of active participants reported on line 7a of the Form 5500	2009-06-23	1
Number of retired or separated participants receiving benefits	2009-06-23	0
Number of other retired or separated participants entitled to future benefits	2009-06-23	0
Total of all active and inactive participants	2009-06-23	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-06-23	0
Total participants	2009-06-23	1
Number of participants with account balances	2009-06-23	1

Financial Data on FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2012 : FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-20	$-78,215
Expenses. Total of all expenses incurred	2012-12-20	$161,962
Benefits paid (including direct rollovers)	2012-12-20	$161,923
Total plan assets at end of year	2012-12-20	$0
Total plan assets at beginning of year	2012-12-20	$240,177
Expenses. Other expenses not covered elsewhere	2012-12-20	$39
Other income received	2012-12-20	$-78,215
Net income (gross income less expenses)	2012-12-20	$-240,177
Net plan assets at end of year (total assets less liabilities)	2012-12-20	$0
Net plan assets at beginning of year (total assets less liabilities)	2012-12-20	$240,177
2011 : FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$130,473
Expenses. Total of all expenses incurred	2011-12-31	$9,381
Benefits paid (including direct rollovers)	2011-12-31	$9,349
Total plan assets at end of year	2011-12-31	$240,177
Total plan assets at beginning of year	2011-12-31	$119,085
Expenses. Other expenses not covered elsewhere	2011-12-31	$32
Contributions received from other sources (not participants or employers)	2011-12-31	$127,332
Other income received	2011-12-31	$3,141
Net income (gross income less expenses)	2011-12-31	$121,092
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$240,177
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$119,085
Assets. Value of employer securities	2011-12-31	$239,775
2010 : FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$-150,211
Expenses. Total of all expenses incurred	2010-12-31	$2
Total plan assets at end of year	2010-12-31	$119,085
Total plan assets at beginning of year	2010-12-31	$269,298
Expenses. Other expenses not covered elsewhere	2010-12-31	$2
Other income received	2010-12-31	$-150,211
Net income (gross income less expenses)	2010-12-31	$-150,213
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$119,085
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$269,298
Assets. Value of employer securities	2010-12-31	$117,988

Form 5500 Responses for FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN

2012: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST SOUTH AGENCY INC 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-06-23	Type of plan entity	Single employer plan
2009-06-23	First time form 5500 has been submitted	Yes
2009-06-23	This return/report is a short plan year return/report (less than 12 months)	Yes
2009-06-23	Plan funding arrangement – Trust	Yes
2009-06-23	Plan benefit arrangement - Trust	Yes

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

Company Name:	FIRST SOUTH AGENCY INC
Employer identification number (EIN):	270377551
NAIC Classification:	524210
NAIC Description:	Insurance Agencies and Brokerages