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CAROLINA INVESTMENT GROUP 401(K) PLAN 401k Plan overview

Plan NameCAROLINA INVESTMENT GROUP 401(K) PLAN
Plan identification number 003

CAROLINA INVESTMENT GROUP 401(K) 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.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CAROLINA INVESTMENT GOUP has sponsored the creation of one or more 401k plans.

Company Name:CAROLINA INVESTMENT GOUP
Employer identification number (EIN):330359192
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CAROLINA INVESTMENT GROUP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032015-01-01
0032014-01-01JAMES SCOFIELD2015-09-24
0032013-01-01JAMES SCOFIELD2014-08-14
0032012-01-01JAMES SCOFIELD2013-05-14
0032011-01-01JAMES M. SCOFIELD2012-10-13
0032010-01-01JAMES M. SCOFIELD
0032009-01-01JAMES M. SCOFIELD

Financial Data on CAROLINA INVESTMENT GROUP 401(K) PLAN

Measure Date Value
2010 : CAROLINA INVESTMENT GROUP 401(K) PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$115,784
Expenses. Total of all expenses incurred2010-12-31$87,500
Benefits paid (including direct rollovers)2010-12-31$87,500
Total plan assets at end of year2010-12-31$1,130,526
Total plan assets at beginning of year2010-12-31$1,102,242
Total contributions received or receivable from participants2010-12-31$5,700
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$104,384
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$28,284
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,130,526
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,102,242
Assets. Value of participant loans2010-12-31$24,910
Assets. Value of assets in partnership/joint-venture interests2010-12-31$56,069
Total contributions received or receivable from employer(s)2010-12-31$5,700
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for CAROLINA INVESTMENT GROUP 401(K) PLAN

2010: CAROLINA INVESTMENT GROUP 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: CAROLINA INVESTMENT GROUP 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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