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TWIN CITY GROUP 401(K) PLAN AND TRUST 401k Plan overview

Plan NameTWIN CITY GROUP 401(K) PLAN AND TRUST
Plan identification number 002

TWIN CITY GROUP 401(K) PLAN AND TRUST 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

TWIN CITY GROUP has sponsored the creation of one or more 401k plans.

Company Name:TWIN CITY GROUP
Employer identification number (EIN):410663556
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN CITY GROUP 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01BENJAMIN GREVE2024-05-28 BENJAMIN GREVE2024-05-28
0022022-01-01BEN GREVE2023-03-27 BEN GREVE2023-03-27
0022021-01-01BENJAMIN GREVE2022-03-11 BENJAMIN GREVE2022-03-11
0022020-01-01MARK R SHEEHAN2021-04-02 MARK R SHEEHAN2021-04-02
0022019-01-01MARK R SHEEHAN2020-02-24 MARK R SHEEHAN2020-02-24
0022018-01-01MARK SHEEHAN2019-06-03 MARK SHEEHAN2019-06-03
0022017-01-01MARK SHEEHAN2018-02-06 MARK SHEEHAN2018-02-06
0022016-01-01MARK SHEEHAN2017-02-20 MARK SHEEHAN2017-02-20
0022015-01-01MARK SHEEHAN2016-02-16 MARK SHEEHAN2016-02-16
0022014-01-01MARK SHEEHAN2015-01-26 MARK SHEEHAN2015-01-26
0022013-01-01MARK SHEEHAN2014-04-24 MARK SHEEHAN2014-04-24
0022012-01-01MARK SHEEHAN2013-05-20 MARK SHEEHAN2013-05-20
0022011-01-01MARK SHEEHAN2012-07-16 MARK SHEEHAN2012-07-16
0022010-01-01MARK SHEEHAN2011-05-18 MARK SHEEHAN2011-05-18

Plan Statistics for TWIN CITY GROUP 401(K) PLAN AND TRUST

401k plan membership statisitcs for TWIN CITY GROUP 401(K) PLAN AND TRUST

Measure Date Value
2025: TWIN CITY GROUP 401(K) PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year2025-03-3120
Total number of particpants at end of year2025-03-3121
Number of Participants With Account Balances2025-03-3118
2024: TWIN CITY GROUP 401(K) PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-05-2821
Total number of particpants at end of year2024-05-2820
Number of Participants With Account Balances2024-05-2818
2022: TWIN CITY GROUP 401(K) PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-03-1122
Total number of particpants at end of year2022-03-1120
Number of Participants With Account Balances2022-03-1117

Financial Data on TWIN CITY GROUP 401(K) PLAN AND TRUST

Measure Date Value
2025 : TWIN CITY GROUP 401(K) PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-3154870
Net assets as of the end of the plan year2025-03-312742439
Total assets as of the beginning of the plan year2025-03-312287559
Value of plan covered by a fidelity bond2025-03-311000000
Participant contributions to plan in this plan year2025-03-31177662
Other income to plan in this plan year2025-03-31302881
Plan net income in this plan year2025-03-31454880
Net assets as of the end of the plan year2025-03-312742439
Net assets as of the beginning of the plan year2025-03-312287559
Employer contributions to plan in this plan year2025-03-3129207
Fees paid to broker by Benefit Provider2025-03-313
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-3117753
2024 : TWIN CITY GROUP 401(K) PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-28440215
Net assets as of the end of the plan year2024-05-282287559
Total assets as of the beginning of the plan year2024-05-282231383
Value of plan covered by a fidelity bond2024-05-281000000
Participant contributions to plan in this plan year2024-05-28163910
Other income to plan in this plan year2024-05-28304750
Plan net income in this plan year2024-05-2856176
Net assets as of the end of the plan year2024-05-282287559
Net assets as of the beginning of the plan year2024-05-282231383
Employer contributions to plan in this plan year2024-05-2827731
Fees paid to broker by Benefit Provider2024-05-287
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-2815764
2022 : TWIN CITY GROUP 401(K) PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-11183939
Net assets as of the end of the plan year2022-03-112661309
Total assets as of the beginning of the plan year2022-03-112433641
Value of plan covered by a fidelity bond2022-03-111000000
Participant contributions to plan in this plan year2022-03-11102970
Other expenses paid from plan in this plan year2022-03-110
Other income to plan in this plan year2022-03-11290756
Plan net income in this plan year2022-03-11227668
Net assets as of the end of the plan year2022-03-112661309
Net assets as of the beginning of the plan year2022-03-112433641
Employer contributions to plan in this plan year2022-03-1117881
Fees paid to broker by Benefit Provider2022-03-114277
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-1111352

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