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WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 401k Plan overview

Plan NameWEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN
Plan identification number 001

WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, 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

WEST VIRGINIA EE BENEFIT SVCS has sponsored the creation of one or more 401k plans.

Company Name:WEST VIRGINIA EE BENEFIT SVCS
Employer identification number (EIN):550713888
NAIC Classification:524290

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01SHERRY ARNOLD2016-07-18 SHERRY ARNOLD2016-07-18
0012014-01-01SHERRY ARNOLD SHERRY ARNOLD2015-10-10
0012013-01-01SHERRY ARNOLD SHERRY ARNOLD2014-10-14
0012012-01-01SHERRY ARNOLD SHERY ARNOLD2013-10-11
0012011-01-01SHERRY ARNOLD
0012009-01-01KAREN DAVIS
0012009-01-01KAREN DAVIS KAREN DAVIS2010-10-05
0012009-01-01KAREN DAVIS KAREN DAVIS2010-10-07
0012009-01-01KAREN DAVIS KAREN DAVIS2010-10-05
0012009-01-01

Plan Statistics for WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN

401k plan membership statisitcs for WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN

Measure Date Value
2014: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0118
Total number of active participants reported on line 7a of the Form 55002014-01-0114
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-014
Total of all active and inactive participants2014-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0118
Number of participants with account balances2014-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0120
Total number of active participants reported on line 7a of the Form 55002013-01-0116
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0120
Total participants2013-01-0120
Number of participants with account balances2013-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0116
Total number of active participants reported on line 7a of the Form 55002012-01-0112
Number of other retired or separated participants entitled to future benefits2012-01-016
Total of all active and inactive participants2012-01-0118
Total participants2012-01-0118
Number of participants with account balances2012-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-014
2011: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0117
Total number of active participants reported on line 7a of the Form 55002011-01-0111
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0117
Number of participants with account balances2011-01-0117
2009: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0113
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-0119
Number of participants with account balances2009-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN

Measure Date Value
2014 : WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total income from all sources2014-12-31$136,166
Expenses. Total of all expenses incurred2014-12-31$4,852
Benefits paid (including direct rollovers)2014-12-31$4,504
Total plan assets at end of year2014-12-31$1,109,645
Total plan assets at beginning of year2014-12-31$978,331
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$55,473
Expenses. Other expenses not covered elsewhere2014-12-31$348
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$55,561
Net income (gross income less expenses)2014-12-31$131,314
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,109,645
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$978,331
Assets. Value of participant loans2014-12-31$83,464
Total contributions received or receivable from employer(s)2014-12-31$25,132
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$269,292
Expenses. Total of all expenses incurred2013-12-31$37,556
Benefits paid (including direct rollovers)2013-12-31$37,242
Total plan assets at end of year2013-12-31$978,331
Total plan assets at beginning of year2013-12-31$746,595
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$59,922
Expenses. Other expenses not covered elsewhere2013-12-31$314
Other income received2013-12-31$181,098
Net income (gross income less expenses)2013-12-31$231,736
Net plan assets at end of year (total assets less liabilities)2013-12-31$978,331
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$746,595
Assets. Value of participant loans2013-12-31$50,269
Total contributions received or receivable from employer(s)2013-12-31$28,272
2012 : WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$152,369
Expenses. Total of all expenses incurred2012-12-31$6,022
Benefits paid (including direct rollovers)2012-12-31$5,666
Total plan assets at end of year2012-12-31$746,595
Total plan assets at beginning of year2012-12-31$600,248
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$47,330
Expenses. Other expenses not covered elsewhere2012-12-31$356
Other income received2012-12-31$81,889
Net income (gross income less expenses)2012-12-31$146,347
Net plan assets at end of year (total assets less liabilities)2012-12-31$746,595
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$600,248
Assets. Value of participant loans2012-12-31$27,808
Total contributions received or receivable from employer(s)2012-12-31$23,150
2011 : WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$57,115
Expenses. Total of all expenses incurred2011-12-31$4,440
Benefits paid (including direct rollovers)2011-12-31$4,145
Total plan assets at end of year2011-12-31$600,248
Total plan assets at beginning of year2011-12-31$547,573
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$50,364
Expenses. Other expenses not covered elsewhere2011-12-31$295
Other income received2011-12-31$-16,535
Net income (gross income less expenses)2011-12-31$52,675
Net plan assets at end of year (total assets less liabilities)2011-12-31$600,248
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$547,573
Assets. Value of participant loans2011-12-31$27,882
Total contributions received or receivable from employer(s)2011-12-31$23,286
2010 : WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$134,711
Expenses. Total of all expenses incurred2010-12-31$43,453
Benefits paid (including direct rollovers)2010-12-31$31,360
Total plan assets at end of year2010-12-31$547,573
Total plan assets at beginning of year2010-12-31$456,315
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$49,112
Other income received2010-12-31$62,395
Net income (gross income less expenses)2010-12-31$91,258
Net plan assets at end of year (total assets less liabilities)2010-12-31$547,573
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$456,315
Assets. Value of participant loans2010-12-31$27,625
Total contributions received or receivable from employer(s)2010-12-31$23,204
Value of corrective distributions2010-12-31$11,816
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$277
2009 : WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN

2014: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01First time form 5500 has been submittedYes
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: WEST VIRGINIA EMPLOYEE BENEFIT SERVICES, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-800009
Policy instance 1
Insurance contract or identification numberGA-800009
Number of Individuals Covered14
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $3,216
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,216
Insurance broker organization code?3
Insurance broker nameEDWARD D JONES & CO L P.
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-800009
Policy instance 1
Insurance contract or identification numberGA-800009
Number of Individuals Covered16
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $2,755
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,755
Insurance broker organization code?3
Insurance broker nameEDWARD D JONES & CO
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-800009
Policy instance 1
Insurance contract or identification numberGA-800009
Number of Individuals Covered12
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $2,238
Total amount of fees paid to insurance companyUSD $617
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,238
Amount paid for insurance broker fees617
Insurance broker organization code?3
Insurance broker nameEDWARD D JONES & CO
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-80009
Policy instance 1
Insurance contract or identification numberGA-80009
Number of Individuals Covered17
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $2,065
Total amount of fees paid to insurance companyUSD $535
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-800009
Policy instance 1
Insurance contract or identification numberGA-800009
Number of Individuals Covered17
Insurance policy start date2010-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $1,644
Total amount of fees paid to insurance companyUSD $414
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,644
Amount paid for insurance broker fees414
Additional information about fees paid to insurance brokerSALES/MARKETING
Insurance broker organization code?3
Insurance broker nameEDWARD D JONES & CO

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