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JOHN L. FOSTER AGENCY INC. 401(K) PLAN 401k Plan overview

Plan NameJOHN L. FOSTER AGENCY INC. 401(K) PLAN
Plan identification number 001

JOHN L. FOSTER AGENCY 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

JOHN L. FOSTER AGENCY INC. has sponsored the creation of one or more 401k plans.

Company Name:JOHN L. FOSTER AGENCY INC.
Employer identification number (EIN):541129300
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHN L. FOSTER AGENCY INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01JOHN L. FOSTER2021-04-26
0012018-01-01JOHN L. FOSTER2019-04-11
0012017-01-01JOHN L. FOSTER2018-05-21
0012016-01-01JOHN L. FOSTER2017-06-20
0012015-01-01
0012014-01-01JOHN L. FOSTER2015-07-09
0012013-01-01JOHN L. FOSTER2014-03-26
0012012-01-01JOHN L. FOSTER2013-03-18
0012011-01-01JOHN L. FOSTER2012-06-12
0012010-01-01JOHN L. FOSTER2011-06-09

Plan Statistics for JOHN L. FOSTER AGENCY INC. 401(K) PLAN

401k plan membership statisitcs for JOHN L. FOSTER AGENCY INC. 401(K) PLAN

Measure Date Value
2025: JOHN L. FOSTER AGENCY INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-03-2522
Total number of particpants at end of year2025-03-2521
Number of Participants With Account Balances2025-03-2521
2024: JOHN L. FOSTER AGENCY INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-0720
Total number of particpants at end of year2024-04-0722
Number of Participants With Account Balances2024-04-0722
2022: JOHN L. FOSTER AGENCY INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-04-0820
Total number of particpants at end of year2022-04-0820
Number of Participants With Account Balances2022-04-0820

Financial Data on JOHN L. FOSTER AGENCY INC. 401(K) PLAN

Measure Date Value
2025 : JOHN L. FOSTER AGENCY INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-25124199
Net assets as of the end of the plan year2025-03-252401248
Total assets as of the beginning of the plan year2025-03-251996432
Value of plan covered by a fidelity bond2025-03-25350000
Participant contributions to plan in this plan year2025-03-25159888
Other income to plan in this plan year2025-03-25242102
Plan net income in this plan year2025-03-25404816
Net assets as of the end of the plan year2025-03-252401248
Net assets as of the beginning of the plan year2025-03-251996432
Employer contributions to plan in this plan year2025-03-25127025
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-25765
2024 : JOHN L. FOSTER AGENCY INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-07219516
Net assets as of the end of the plan year2024-04-071996432
Total assets as of the beginning of the plan year2024-04-071675650
Value of plan covered by a fidelity bond2024-04-07350000
Participant contributions to plan in this plan year2024-04-07155597
Other income to plan in this plan year2024-04-07262781
Plan net income in this plan year2024-04-07320782
Net assets as of the end of the plan year2024-04-071996432
Net assets as of the beginning of the plan year2024-04-071675650
Employer contributions to plan in this plan year2024-04-07121920
2022 : JOHN L. FOSTER AGENCY INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-0832609
Net assets as of the end of the plan year2022-04-083121517
Total assets as of the beginning of the plan year2022-04-082600257
Value of plan covered by a fidelity bond2022-04-08200000
Participant contributions to plan in this plan year2022-04-08132837
Other income to plan in this plan year2022-04-08249400
Plan net income in this plan year2022-04-08521260
Net assets as of the end of the plan year2022-04-083121517
Net assets as of the beginning of the plan year2022-04-082600257
Employer contributions to plan in this plan year2022-04-08171632

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