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WEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameWEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

WEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING 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.
  • 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

WEST VIRGINIA FARM BUREAU, INC. has sponsored the creation of one or more 401k plans.

Company Name:WEST VIRGINIA FARM BUREAU, INC.
Employer identification number (EIN):550371723
NAIC Classification:111900
NAIC Description:Other Crop Farming

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-10-01BRENDA SNYDER2024-04-19
0022021-10-01BRENDA SNYDER2023-04-25
0022020-10-01BRENDA SNYDER2022-04-25
0022019-10-01BRENDA SNYDER2020-12-22
0022018-10-01BRENDA SNYDER2020-04-16
0022017-10-01BRENDA SNYDER2018-11-14
0022016-10-01BRENDA SNYDER2017-12-06
0022015-10-01BRENDA SNYDER2016-10-24
0022014-10-01BRENDA SNYDER2015-10-21
0022013-10-01BRENDA SNYDER2014-10-14
0022012-10-01BRENDA SNYDER2013-12-12
0022011-10-01BRENDA SNYDER2012-12-14
0022010-10-01BRENDA SNYDER2012-01-04

Financial Data on WEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : WEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-04-211703
Net assets as of the end of the plan year2025-04-21742454
Total assets as of the beginning of the plan year2025-04-21566212
Value of plan covered by a fidelity bond2025-04-21400000
Participant contributions to plan in this plan year2025-04-2113894
Value of participant loans at end of plan year2025-04-215483
Other income to plan in this plan year2025-04-21144932
Plan net income in this plan year2025-04-21176242
Net assets as of the end of the plan year2025-04-21742454
Net assets as of the beginning of the plan year2025-04-21566212
Employer contributions to plan in this plan year2025-04-2119119
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-21568
2023 : WEST VIRGINIA FARM BUREAU, INC. 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total expenses incurred by plan in this plan year2023-04-25100597
Net assets as of the end of the plan year2023-04-25485238
Total assets as of the beginning of the plan year2023-04-25691545
Value of plan covered by a fidelity bond2023-04-25400000
Participant contributions to plan in this plan year2023-04-2512700
Value of participant loans at end of plan year2023-04-258541
Other income to plan in this plan year2023-04-25-134240
Plan net income in this plan year2023-04-25-206307
Net assets as of the end of the plan year2023-04-25485238
Net assets as of the beginning of the plan year2023-04-25691545
Employer contributions to plan in this plan year2023-04-2515830
Expensese paid to adminstrative service provicers from plan in this plan year2023-04-25597

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