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SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 401k Plan overview

Plan NameSERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN
Plan identification number 001

SERVICE FIRST INSURANCE GROUP LLC 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SERVICE FIRST INSURANCE GROUP LLC has sponsored the creation of one or more 401k plans.

Company Name:SERVICE FIRST INSURANCE GROUP LLC
Employer identification number (EIN):593678069
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01NOUR MILLSTEIN
0012023-01-01
0012023-01-01NOUR MILLSTEIN
0012022-01-01
0012022-01-01NOUR MILLSTEIN
0012021-01-01
0012021-01-01NOUR MILLSTEIN

Plan Statistics for SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN

401k plan membership statisitcs for SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN

Measure Date Value
2023: SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01316
Total number of active participants reported on line 7a of the Form 55002023-01-01274
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0159
Total of all active and inactive participants2023-01-01333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01333
Number of participants with account balances2023-01-01307
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-017
2022: SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01325
Total number of active participants reported on line 7a of the Form 55002022-01-01272
Number of retired or separated participants receiving benefits2022-01-014
Number of other retired or separated participants entitled to future benefits2022-01-0156
Total of all active and inactive participants2022-01-01332
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01332
Number of participants with account balances2022-01-01295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-012
2021: SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01274
Total number of active participants reported on line 7a of the Form 55002021-01-01255
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0156
Total of all active and inactive participants2021-01-01313
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01313
Number of participants with account balances2021-01-01213
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010

Financial Data on SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN

Measure Date Value
2023 : SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$18,605
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$6,869,429
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$2,108,731
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$1,973,510
Expenses. Certain deemed distributions of participant loans2023-12-31$42,245
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$3,622,647
Value of total assets at end of year2023-12-31$26,175,146
Value of total assets at beginning of year2023-12-31$21,395,843
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$92,976
Total interest from all sources2023-12-31$17,908
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$1,939,388
Participant contributions at end of year2023-12-31$309,887
Participant contributions at beginning of year2023-12-31$257,760
Assets. Other investments not covered elsewhere at end of year2023-12-31$40,311
Assets. Other investments not covered elsewhere at beginning of year2023-12-31$26,495
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$410,181
Total non interest bearing cash at end of year2023-12-31$27,597
Total non interest bearing cash at beginning of year2023-12-31$8,743
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$4,760,698
Value of net assets at end of year (total assets less liabilities)2023-12-31$26,175,146
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$21,395,843
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$25,159,375
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$20,387,427
Interest on participant loans2023-12-31$17,908
Value of interest in common/collective trusts at end of year2023-12-31$0
Value of interest in common/collective trusts at beginning of year2023-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$637,976
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$715,418
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$3,228,874
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31Yes
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$1,273,078
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$1,973,510
Contract administrator fees2023-12-31$92,976
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31FORVIS MAZARS, LLP
Accountancy firm EIN2023-12-31440160260
Total unrealized appreciation/depreciation of assets2023-01-01$0
Total transfer of assets to this plan2023-01-01$18,605
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total income from all sources (including contributions)2023-01-01$6,869,429
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$2,108,731
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$1,973,510
Expenses. Certain deemed distributions of participant loans2023-01-01$42,245
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$3,622,647
Value of total assets at end of year2023-01-01$26,175,146
Value of total assets at beginning of year2023-01-01$21,395,843
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$92,976
Total interest from all sources2023-01-01$17,908
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$0
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$500,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$1,939,388
Participant contributions at end of year2023-01-01$309,887
Participant contributions at beginning of year2023-01-01$257,760
Assets. Other investments not covered elsewhere at end of year2023-01-01$40,311
Assets. Other investments not covered elsewhere at beginning of year2023-01-01$26,495
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$410,181
Total non interest bearing cash at end of year2023-01-01$27,597
Total non interest bearing cash at beginning of year2023-01-01$8,743
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$4,760,698
Value of net assets at end of year (total assets less liabilities)2023-01-01$26,175,146
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$21,395,843
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$25,159,375
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$20,387,427
Interest on participant loans2023-01-01$17,908
Value of interest in common/collective trusts at end of year2023-01-01$0
Value of interest in common/collective trusts at beginning of year2023-01-01$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$637,976
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$715,418
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$3,228,874
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01Yes
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$1,273,078
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$1,973,510
Contract administrator fees2023-01-01$92,976
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01FORVIS MAZARS, LLP
Accountancy firm EIN2023-01-01440160260
2022 : SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$2,505,679
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-15,844
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,793,338
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,770,039
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$3,018,907
Value of total assets at end of year2022-12-31$21,395,843
Value of total assets at beginning of year2022-12-31$20,699,346
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$23,299
Total interest from all sources2022-12-31$9,582
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,665,711
Participant contributions at end of year2022-12-31$257,760
Participant contributions at beginning of year2022-12-31$211,655
Assets. Other investments not covered elsewhere at end of year2022-12-31$26,495
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$15,518
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$287,550
Total non interest bearing cash at end of year2022-12-31$8,743
Total non interest bearing cash at beginning of year2022-12-31$8,670
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,809,182
Value of net assets at end of year (total assets less liabilities)2022-12-31$21,395,843
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$20,699,346
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$20,387,427
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$11,200,992
Income. Interest from loans (other than to participants)2022-12-31$9,582
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$8,713,986
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$715,418
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$548,525
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-3,044,333
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,065,646
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,770,039
Contract administrator fees2022-12-31$23,299
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MAZARS USA LLP
Accountancy firm EIN2022-12-31131459550
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total transfer of assets to this plan2022-01-01$2,505,679
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-15,844
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$1,793,338
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$1,770,039
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$3,018,907
Value of total assets at end of year2022-01-01$21,395,843
Value of total assets at beginning of year2022-01-01$20,699,346
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$23,299
Total interest from all sources2022-01-01$9,582
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$500,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$1,665,711
Participant contributions at end of year2022-01-01$257,760
Participant contributions at beginning of year2022-01-01$211,655
Assets. Other investments not covered elsewhere at end of year2022-01-01$26,495
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$15,518
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$287,550
Total non interest bearing cash at end of year2022-01-01$8,743
Total non interest bearing cash at beginning of year2022-01-01$8,670
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-1,809,182
Value of net assets at end of year (total assets less liabilities)2022-01-01$21,395,843
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$20,699,346
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$20,387,427
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$11,200,992
Income. Interest from loans (other than to participants)2022-01-01$9,582
Value of interest in common/collective trusts at end of year2022-01-01$0
Value of interest in common/collective trusts at beginning of year2022-01-01$8,713,986
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$715,418
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$548,525
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-3,044,333
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$1,065,646
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$1,770,039
Contract administrator fees2022-01-01$23,299
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MAZARS USA LLP
Accountancy firm EIN2022-01-01131459550
2021 : SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$5,048,737
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$785,835
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$748,492
Expenses. Certain deemed distributions of participant loans2021-12-31$7,807
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,614,612
Value of total assets at end of year2021-12-31$20,699,346
Value of total assets at beginning of year2021-12-31$16,436,444
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$29,536
Total interest from all sources2021-12-31$10,184
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,482,759
Participant contributions at end of year2021-12-31$211,655
Participant contributions at beginning of year2021-12-31$182,543
Assets. Other investments not covered elsewhere at end of year2021-12-31$15,518
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$20,369
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$151,776
Total non interest bearing cash at end of year2021-12-31$8,670
Total non interest bearing cash at beginning of year2021-12-31$8,617
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$4,262,902
Value of net assets at end of year (total assets less liabilities)2021-12-31$20,699,346
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$16,436,444
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$29,536
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$11,200,992
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$9,170,141
Income. Interest from loans (other than to participants)2021-12-31$10,184
Value of interest in common/collective trusts at end of year2021-12-31$8,713,986
Value of interest in common/collective trusts at beginning of year2021-12-31$6,591,152
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$548,525
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$463,622
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,423,941
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$980,077
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$748,492
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MAZARS USA LLP
Accountancy firm EIN2021-12-31131459550

Form 5500 Responses for SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN

2023: SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SERVICE FIRST INSURANCE GROUP LLC 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number374910-01
Policy instance 1
Insurance contract or identification number374910-01
Number of Individuals Covered293
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $1,500
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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?No
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
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number374910-01
Policy instance 1
Insurance contract or identification number374910-01
Number of Individuals Covered295
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $2,269
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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?No
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
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number374910-01
Policy instance 1

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