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R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameR W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN
Plan identification number 001

R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

R. W. AIKEN INSURANCE AGENCY, INC has sponsored the creation of one or more 401k plans.

Company Name:R. W. AIKEN INSURANCE AGENCY, INC
Employer identification number (EIN):640299595
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01RICHARD AIKEN2023-07-11
0012021-01-01RICHARD AIKEN2022-07-13
0012020-01-01RICHARD AIKEN2021-07-21
0012019-01-01RICHARD AIKEN2020-07-16
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01RICHARD W AIKEN, JR
0012011-01-01HENRY J. AIKEN
0012009-01-01RICHARD AIKEN RICHARD AIKEN2010-07-19

Plan Statistics for R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN

Measure Date Value
2022: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-016
Total number of active participants reported on line 7a of the Form 55002022-01-016
Total of all active and inactive participants2022-01-016
Total participants2022-01-016
Number of participants with account balances2022-01-016
2021: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-016
Number of retired or separated participants receiving benefits2021-01-016
Total of all active and inactive participants2021-01-016
Total participants2021-01-016
Number of participants with account balances2021-01-016
2020: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-017
Total number of active participants reported on line 7a of the Form 55002020-01-016
Total of all active and inactive participants2020-01-016
Total participants2020-01-016
Number of participants with account balances2020-01-016
2019: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-017
Total number of active participants reported on line 7a of the Form 55002019-01-017
Total of all active and inactive participants2019-01-017
Total participants2019-01-017
Number of participants with account balances2019-01-017
2018: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-016
Total number of active participants reported on line 7a of the Form 55002018-01-017
Total of all active and inactive participants2018-01-017
Total participants2018-01-017
Number of participants with account balances2018-01-017
2017: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-016
Total number of active participants reported on line 7a of the Form 55002017-01-016
Total of all active and inactive participants2017-01-016
Total participants2017-01-016
Number of participants with account balances2017-01-016
2016: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-016
Total number of active participants reported on line 7a of the Form 55002016-01-016
Total of all active and inactive participants2016-01-016
Total participants2016-01-016
Number of participants with account balances2016-01-016
2015: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015
Total number of active participants reported on line 7a of the Form 55002015-01-015
Total of all active and inactive participants2015-01-015
Total participants2015-01-015
Number of participants with account balances2015-01-015
2014: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-015
Total number of active participants reported on line 7a of the Form 55002014-01-015
Total of all active and inactive participants2014-01-015
Total participants2014-01-015
Number of participants with account balances2014-01-015
2013: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-015
Total number of active participants reported on line 7a of the Form 55002013-01-015
Total of all active and inactive participants2013-01-015
Total participants2013-01-015
Number of participants with account balances2013-01-015
2012: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-016
Total number of active participants reported on line 7a of the Form 55002012-01-015
Total of all active and inactive participants2012-01-015
Total participants2012-01-015
Number of participants with account balances2012-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-015
Total number of active participants reported on line 7a of the Form 55002011-01-016
Total of all active and inactive participants2011-01-016
Total participants2011-01-016
Number of participants with account balances2011-01-016
2009: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-015
Total number of active participants reported on line 7a of the Form 55002009-01-015
Total of all active and inactive participants2009-01-015
Total participants2009-01-015
Number of participants with account balances2009-01-015

Financial Data on R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN

Measure Date Value
2022 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources2022-12-31$-522,083
Expenses. Total of all expenses incurred2022-12-31$7,500
Benefits paid (including direct rollovers)2022-12-31$7,500
Total plan assets at end of year2022-12-31$4,126,220
Total plan assets at beginning of year2022-12-31$4,655,803
Other income received2022-12-31$-614,277
Net income (gross income less expenses)2022-12-31$-529,583
Net plan assets at end of year (total assets less liabilities)2022-12-31$4,126,220
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$4,655,803
Total contributions received or receivable from employer(s)2022-12-31$92,194
2021 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources2021-12-31$846,995
Expenses. Total of all expenses incurred2021-12-31$448,504
Benefits paid (including direct rollovers)2021-12-31$448,504
Total plan assets at end of year2021-12-31$4,655,803
Total plan assets at beginning of year2021-12-31$4,257,312
Other income received2021-12-31$762,848
Net income (gross income less expenses)2021-12-31$398,491
Net plan assets at end of year (total assets less liabilities)2021-12-31$4,655,803
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$4,257,312
Total contributions received or receivable from employer(s)2021-12-31$84,147
2020 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$517,872
Expenses. Total of all expenses incurred2020-12-31$5,136
Benefits paid (including direct rollovers)2020-12-31$5,136
Total plan assets at end of year2020-12-31$4,257,312
Total plan assets at beginning of year2020-12-31$3,744,576
Other income received2020-12-31$443,800
Net income (gross income less expenses)2020-12-31$512,736
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,257,312
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$3,744,576
Total contributions received or receivable from employer(s)2020-12-31$74,072
2019 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$510,876
Expenses. Total of all expenses incurred2019-12-31$14,981
Benefits paid (including direct rollovers)2019-12-31$14,981
Total plan assets at end of year2019-12-31$3,744,576
Total plan assets at beginning of year2019-12-31$3,248,681
Other income received2019-12-31$433,248
Net income (gross income less expenses)2019-12-31$495,895
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,744,576
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,248,681
Total contributions received or receivable from employer(s)2019-12-31$77,628
2018 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$-245,114
Expenses. Total of all expenses incurred2018-12-31$44,000
Benefits paid (including direct rollovers)2018-12-31$44,000
Total plan assets at end of year2018-12-31$3,248,681
Total plan assets at beginning of year2018-12-31$3,537,795
Other income received2018-12-31$-316,617
Net income (gross income less expenses)2018-12-31$-289,114
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,248,681
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,537,795
Total contributions received or receivable from employer(s)2018-12-31$71,503
2017 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$378,175
Expenses. Total of all expenses incurred2017-12-31$5,000
Benefits paid (including direct rollovers)2017-12-31$5,000
Total plan assets at end of year2017-12-31$3,537,795
Total plan assets at beginning of year2017-12-31$3,164,620
Other income received2017-12-31$315,441
Net income (gross income less expenses)2017-12-31$373,175
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,537,795
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$3,164,620
Total contributions received or receivable from employer(s)2017-12-31$62,734
2016 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$418,614
Total plan assets at end of year2016-12-31$3,164,620
Total plan assets at beginning of year2016-12-31$2,746,006
Other income received2016-12-31$356,660
Net income (gross income less expenses)2016-12-31$418,614
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,164,620
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,746,006
Total contributions received or receivable from employer(s)2016-12-31$61,954
2015 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$-2,579
Total plan assets at end of year2015-12-31$2,746,006
Total plan assets at beginning of year2015-12-31$2,748,585
Other income received2015-12-31$-64,369
Net income (gross income less expenses)2015-12-31$-2,579
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,746,006
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,748,585
Total contributions received or receivable from employer(s)2015-12-31$61,790
2014 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$142,391
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$2,748,585
Total plan assets at beginning of year2014-12-31$2,606,194
Other income received2014-12-31$96,771
Net income (gross income less expenses)2014-12-31$142,391
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,748,585
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,606,194
Total contributions received or receivable from employer(s)2014-12-31$45,620
2013 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$408,990
Expenses. Total of all expenses incurred2013-12-31$6,000
Benefits paid (including direct rollovers)2013-12-31$6,000
Total plan assets at end of year2013-12-31$2,606,194
Total plan assets at beginning of year2013-12-31$2,203,204
Other income received2013-12-31$356,114
Net income (gross income less expenses)2013-12-31$402,990
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,606,194
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,203,204
Total contributions received or receivable from employer(s)2013-12-31$52,876
2012 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$226,198
Expenses. Total of all expenses incurred2012-12-31$41,123
Benefits paid (including direct rollovers)2012-12-31$41,123
Total plan assets at end of year2012-12-31$2,203,204
Total plan assets at beginning of year2012-12-31$2,018,129
Other income received2012-12-31$183,649
Net income (gross income less expenses)2012-12-31$185,075
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,203,204
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,018,129
Total contributions received or receivable from employer(s)2012-12-31$42,549
2011 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$104,098
Total plan assets at end of year2011-12-31$2,018,129
Total plan assets at beginning of year2011-12-31$1,914,031
Other income received2011-12-31$66,168
Net income (gross income less expenses)2011-12-31$104,098
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,018,129
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,914,031
Total contributions received or receivable from employer(s)2011-12-31$37,930
2010 : R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$168,221
Total plan assets at end of year2010-12-31$1,805,417
Total plan assets at beginning of year2010-12-31$1,637,196
Other income received2010-12-31$96,104
Net income (gross income less expenses)2010-12-31$168,221
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,805,417
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,637,196
Total contributions received or receivable from employer(s)2010-12-31$72,117

Form 5500 Responses for R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN

2022: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: R W AIKEN INSURANCE AGENCY, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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