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NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 401k Plan overview

Plan NameNEW YORK RISK SOLUTIONS, INC. 401(K) PLAN
Plan identification number 001

NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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

NEW YORK RISK SOLUTIONS, INC has sponsored the creation of one or more 401k plans.

Company Name:NEW YORK RISK SOLUTIONS, INC
Employer identification number (EIN):364697668
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JEFF WALSH2024-10-29
0012023-01-01JEFF WALSH2024-12-02
0012022-01-01JEFF WALSH2023-07-06
0012021-01-01JEFF WALSH2022-09-29
0012021-01-01JEFF WALSH2022-09-29
0012020-01-01JEFF WALSH2021-07-20
0012019-01-01JEFF WALSH2020-07-06
0012018-01-01JEFF WALSH2019-07-15
0012017-01-01JEFF WALSH2018-07-25
0012016-01-01JEFF WALSH2017-07-28
0012015-01-01

Plan Statistics for NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN

401k plan membership statisitcs for NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN

Measure Date Value
2025: NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-285
Total number of particpants at end of year2025-07-287
Number of Participants With Account Balances2025-07-281
2024: NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-12-025
Total number of particpants at end of year2024-12-025
Number of Participants With Account Balances2024-12-021
2022: NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-291
Total number of particpants at end of year2022-09-291
Number of Participants With Account Balances2022-09-291

Financial Data on NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN

Measure Date Value
2025 : NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-28275
Net assets as of the end of the plan year2025-07-28469998
Total assets as of the beginning of the plan year2025-07-28385051
Value of plan covered by a fidelity bond2025-07-2845000
Participant contributions to plan in this plan year2025-07-2822500
Other income to plan in this plan year2025-07-2862722
Plan net income in this plan year2025-07-2884947
Net assets as of the end of the plan year2025-07-28469998
Net assets as of the beginning of the plan year2025-07-28385051
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-28275
2024 : NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-12-0220
Net assets as of the end of the plan year2024-12-02385051
Total assets as of the beginning of the plan year2024-12-02324313
Value of plan covered by a fidelity bond2024-12-0232432
Other income to plan in this plan year2024-12-0260758
Plan net income in this plan year2024-12-0260738
Net assets as of the end of the plan year2024-12-02385051
Net assets as of the beginning of the plan year2024-12-02324313
Expensese paid to adminstrative service provicers from plan in this plan year2024-12-0220
2022 : NEW YORK RISK SOLUTIONS, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-2920
Net assets as of the end of the plan year2022-09-29360458
Total assets as of the beginning of the plan year2022-09-29284837
Value of plan covered by a fidelity bond2022-09-2928484
Participant contributions to plan in this plan year2022-09-2919500
Other income to plan in this plan year2022-09-2945250
Plan net income in this plan year2022-09-2975621
Net assets as of the end of the plan year2022-09-29360458
Net assets as of the beginning of the plan year2022-09-29284837
Employer contributions to plan in this plan year2022-09-2910891
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2920

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