AFL IG, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2019: AFL IG, LLC 401(K) PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-01-01 | 121 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 112 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 15 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 0 |
| Total of all active and inactive participants | 2019-01-01 | 127 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
| Total participants | 2019-01-01 | 127 |
| Number of participants with account balances | 2019-01-01 | 98 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 3 |
| Measure | Date | Value |
|---|
| 2019 : AFL IG, LLC 401(K) PLAN 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-12-31 | $1,830,697 |
| Total of all expenses incurred | 2019-12-31 | $240,010 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $240,010 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $746,754 |
| Value of total assets at end of year | 2019-12-31 | $6,566,750 |
| Value of total assets at beginning of year | 2019-12-31 | $4,976,063 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $564,113 |
| Participant contributions at end of year | 2019-12-31 | $15,844 |
| Participant contributions at beginning of year | 2019-12-31 | $604 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $41,613 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $2,887 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,590,687 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,566,750 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,976,063 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $6,546,945 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $4,972,421 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,083,943 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $141,028 |
| Employer contributions (assets) at end of year | 2019-12-31 | $3,961 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $151 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $240,010 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | SABEY CPA, PLLC |
| Accountancy firm EIN | 2019-12-31 | 832111556 |
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