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RIGHT WAY INSURANCE 401(K) PLAN 401k Plan overview

Plan NameRIGHT WAY INSURANCE 401(K) PLAN
Plan identification number 001

RIGHT WAY INSURANCE 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing

401k Sponsoring company profile

RIGHT WAY INSURANCE SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:RIGHT WAY INSURANCE SERVICES, INC.
Employer identification number (EIN):352577043
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RIGHT WAY INSURANCE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01COLE GROSZEWSKI2024-06-05
0012022-01-01COLE GROSZEWSKI2023-07-19
0012022-01-01COLE GROSZEWSKI2024-06-12

Plan Statistics for RIGHT WAY INSURANCE 401(K) PLAN

401k plan membership statisitcs for RIGHT WAY INSURANCE 401(K) PLAN

Measure Date Value
2025: RIGHT WAY INSURANCE 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-133
Total number of particpants at end of year2025-06-133
Number of Participants With Account Balances2025-06-133
2024: RIGHT WAY INSURANCE 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-053
Total number of particpants at end of year2024-06-053
Number of Participants With Account Balances2024-06-053

Financial Data on RIGHT WAY INSURANCE 401(K) PLAN

Measure Date Value
2025 : RIGHT WAY INSURANCE 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-06-130
Total expenses incurred by plan in this plan year2025-06-134981
Net assets as of the end of the plan year2025-06-13515086
Total assets as of the beginning of the plan year2025-06-13389324
Value of plan covered by a fidelity bond2025-06-1320000
Participant contributions to plan in this plan year2025-06-1326630
Other income to plan in this plan year2025-06-1347733
Plan net income in this plan year2025-06-13125762
Net assets as of the end of the plan year2025-06-13515086
Net assets as of the beginning of the plan year2025-06-13389324
Employer contributions to plan in this plan year2025-06-1356380
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-134981
2024 : RIGHT WAY INSURANCE 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-050
Total liabilities as of the end of the plan year2024-06-050
Total liabilities as of the beginning of the plan year2024-06-050
Total expenses incurred by plan in this plan year2024-06-053406
Net assets as of the end of the plan year2024-06-05389324
Total assets as of the beginning of the plan year2024-06-05254986
Value of plan covered by a fidelity bond2024-06-0520000
Participant contributions to plan in this plan year2024-06-0525942
Other expenses paid from plan in this plan year2024-06-050
Other contributions to plan in this plan year2024-06-050
Other income to plan in this plan year2024-06-0559112
Plan net income in this plan year2024-06-05134338
Net assets as of the end of the plan year2024-06-05389324
Net assets as of the beginning of the plan year2024-06-05254986
Employer contributions to plan in this plan year2024-06-0552690
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-053406

Potentially related plans

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