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SCOTT A. MICHIE, INC. 401(K) PLAN 401k Plan overview

Plan NameSCOTT A. MICHIE, INC. 401(K) PLAN
Plan identification number 001

SCOTT A. MICHIE, 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

SCOTT A. MICHIE, INC. has sponsored the creation of one or more 401k plans.

Company Name:SCOTT A. MICHIE, INC.
Employer identification number (EIN):541974473
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about SCOTT A. MICHIE, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2000-02-01
Company Identification Number: 0533832
Legal Registered Office Address: 1016 SECOND ST, SW
10 FRANKLIN ROAD SE SUITE 800
ROANOKE
United States of America (USA)
24016

More information about SCOTT A. MICHIE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SCOTT A. MICHIE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SCOTT MICHIE2024-10-02
0012022-01-01SCOTT MICHIE2023-10-14
0012022-01-01SCOTT MICHIE2024-10-02
0012021-01-01
0012020-01-01SCOTT A. MICHIE2021-06-23
0012019-01-01
0012018-01-01SCOTT A. MICHIE2019-10-07
0012017-01-01
0012016-01-01
0012015-01-01SCOTT A. MICHIE2016-10-17
0012014-01-01SCOTT A. MICHIE2016-10-17
0012013-01-01SCOTT A. MICHIE2014-09-15 SCOTT A. MICHIE2014-09-15
0012012-01-01SCOTT A. MICHIE2013-08-28 SCOTT A. MICHIE2013-08-28
0012011-01-01SCOTT A. MICHIE2012-08-23
0012010-01-01SCOTT A. MICHIE2011-10-13

Plan Statistics for SCOTT A. MICHIE, INC. 401(K) PLAN

401k plan membership statisitcs for SCOTT A. MICHIE, INC. 401(K) PLAN

Measure Date Value
2024: SCOTT A. MICHIE, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-022
Total number of particpants at end of year2024-10-022
Number of Participants With Account Balances2024-10-022
2022: SCOTT A. MICHIE, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-032
Total number of particpants at end of year2022-10-032
Number of Participants With Account Balances2022-10-032

Financial Data on SCOTT A. MICHIE, INC. 401(K) PLAN

Measure Date Value
2024 : SCOTT A. MICHIE, INC. 401(K) PLAN 2024 401k financial data
Net assets as of the end of the plan year2024-10-02753042
Total assets as of the beginning of the plan year2024-10-02653875
Value of plan covered by a fidelity bond2024-10-0275000
Participant contributions to plan in this plan year2024-10-0252500
Other income to plan in this plan year2024-10-0232167
Plan net income in this plan year2024-10-0299167
Net assets as of the end of the plan year2024-10-02753042
Net assets as of the beginning of the plan year2024-10-02653875
Employer contributions to plan in this plan year2024-10-0214500
2022 : SCOTT A. MICHIE, INC. 401(K) PLAN 2022 401k financial data
Net assets as of the end of the plan year2022-10-03643789
Total assets as of the beginning of the plan year2022-10-03593828
Value of plan covered by a fidelity bond2022-10-0332219
Participant contributions to plan in this plan year2022-10-0345500
Other income to plan in this plan year2022-10-03-10039
Plan net income in this plan year2022-10-0349961
Net assets as of the end of the plan year2022-10-03643789
Net assets as of the beginning of the plan year2022-10-03593828
Employer contributions to plan in this plan year2022-10-0314500

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