Logo

UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS PLAN 401k Plan overview

Plan NameUNIVERSAL INSURANCE PROFIT SHARING & SAVINGS PLAN
Plan identification number 001

UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS 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.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.

401k Sponsoring company profile

UNIVERSAL GROUP has sponsored the creation of one or more 401k plans.

Company Name:UNIVERSAL GROUP
Employer identification number (EIN):660313835
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about UNIVERSAL GROUP

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 1999-05-11
Company Identification Number: 19991256541
Legal Registered Office Address: 4855 W. DESERT INN RD.

LAS VEGAS
United States of America (USA)
89102

More information about UNIVERSAL GROUP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01SARY ANN VAZQUEZ

Financial Data on UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS PLAN

Measure Date Value
2014 : UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$2,462,246
Total unrealized appreciation/depreciation of assets2014-12-31$2,462,246
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$7,408,460
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$2,415,532
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,414,188
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$4,828,215
Value of total assets at end of year2014-12-31$60,463,889
Value of total assets at beginning of year2014-12-31$55,470,961
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,344
Total interest from all sources2014-12-31$117,999
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,770,301
Participant contributions at end of year2014-12-31$3,331,305
Participant contributions at beginning of year2014-12-31$3,230,329
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$42,041
Administrative expenses (other) incurred2014-12-31$1,344
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$4,992,928
Value of net assets at end of year (total assets less liabilities)2014-12-31$60,463,889
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$55,470,961
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Interest on participant loans2014-12-31$117,999
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$54,801,871
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$52,240,632
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$3,015,873
Employer contributions (assets) at end of year2014-12-31$2,330,713
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$2,414,188
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31RSM ROC & COMPANY
Accountancy firm EIN2014-12-31660388756

Form 5500 Responses for UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS PLAN

2014: UNIVERSAL INSURANCE PROFIT SHARING & SAVINGS 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
2014-01-01Plan 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 number335159-P1
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1