401k Plan data: SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN plan

SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN 401k Plan overview

Plan Name	SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN
Plan identification number	002

SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

SIMMONS & SAVOIE INSURANCE AGENCY, INC. has sponsored the creation of one or more 401k plans.

Company Name: SIMMONS & SAVOIE INSURANCE AGENCY, INC.

Employer identification number (EIN): 720745978

NAIC Classification: 524210
NAIC Description: Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 CHRISTY PREJEAN 2023-09-20 CHRISTY PREJEAN 2023-09-20
002 2021-01-01 CHRISTY PREJEAN 2022-04-06 CHRISTY PREJEAN 2022-04-06
002 2020-01-01 DONALD SAVOIE 2021-04-15 DONALD SAVOIE 2021-04-15
002 2018-01-01 CHRISTY PREJEAN 2019-04-09 CHRISTY PREJEAN 2019-04-09
002 2017-01-01 CHRISTY PREJEAN 2018-07-25 CHRISTY PREJEAN 2018-07-25
002 2016-01-01 CHRISTY PREJEAN 2017-07-06 CHRISTY PREJEAN 2017-07-06
002 2015-01-01 CHRISTY PREJEAN 2016-05-18 CHRISTY PREJEAN 2016-05-18
002 2014-01-01 CHRISTY PREJEAN 2015-04-09 CHRISTY PREJEAN 2015-04-09
002 2013-01-01 CHRISTY PREJEAN 2014-06-05 CHRISTY PREJEAN 2014-06-05
002 2012-01-01 CHRISTY PREJEAN 2013-07-15 CHRISTY PREJEAN 2013-07-15
002 2011-01-01 CHRISTY PREJEAN 2012-07-10 CHRISTY PREJEAN 2012-07-10
002 2010-01-01 CHRISTY PREJEAN 2011-08-18 DON SAVOIE 2011-08-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	CHRISTY PREJEAN	2023-09-20	CHRISTY PREJEAN	2023-09-20
002	2021-01-01	CHRISTY PREJEAN	2022-04-06	CHRISTY PREJEAN	2022-04-06
002	2020-01-01	DONALD SAVOIE	2021-04-15	DONALD SAVOIE	2021-04-15
002	2018-01-01	CHRISTY PREJEAN	2019-04-09	CHRISTY PREJEAN	2019-04-09
002	2017-01-01	CHRISTY PREJEAN	2018-07-25	CHRISTY PREJEAN	2018-07-25
002	2016-01-01	CHRISTY PREJEAN	2017-07-06	CHRISTY PREJEAN	2017-07-06
002	2015-01-01	CHRISTY PREJEAN	2016-05-18	CHRISTY PREJEAN	2016-05-18
002	2014-01-01	CHRISTY PREJEAN	2015-04-09	CHRISTY PREJEAN	2015-04-09
002	2013-01-01	CHRISTY PREJEAN	2014-06-05	CHRISTY PREJEAN	2014-06-05
002	2012-01-01	CHRISTY PREJEAN	2013-07-15	CHRISTY PREJEAN	2013-07-15
002	2011-01-01	CHRISTY PREJEAN	2012-07-10	CHRISTY PREJEAN	2012-07-10
002	2010-01-01	CHRISTY PREJEAN	2011-08-18	DON SAVOIE	2011-08-19

Plan Statistics for SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN

401k plan membership statisitcs for SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN

Measure Date Value
2022: SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year 2022-04-06 5
Total number of particpants at end of year 2022-04-06 5
Number of Participants With Account Balances 2022-04-06 5

Measure	Date	Value
2022: SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year	2022-04-06	5
Total number of particpants at end of year	2022-04-06	5
Number of Participants With Account Balances	2022-04-06	5

Financial Data on SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN

Measure	Date	Value
2022 : SIMMONS & SAVOIE INSURANCE AGENCY, INC. 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year	2022-04-06	0
Total liabilities as of the end of the plan year	2022-04-06	0
Total liabilities as of the beginning of the plan year	2022-04-06	0
Total expenses incurred by plan in this plan year	2022-04-06	26434
Net assets as of the end of the plan year	2022-04-06	3903761
Total assets as of the beginning of the plan year	2022-04-06	3240720
Value of plan covered by a fidelity bond	2022-04-06	300000
Participant contributions to plan in this plan year	2022-04-06	40782
Value of participant loans at end of plan year	2022-04-06	23197
Other expenses paid from plan in this plan year	2022-04-06	0
Other contributions to plan in this plan year	2022-04-06	0
Other income to plan in this plan year	2022-04-06	558915
Plan net income in this plan year	2022-04-06	663041
Net assets as of the end of the plan year	2022-04-06	3903761
Net assets as of the beginning of the plan year	2022-04-06	3240720
Employer contributions to plan in this plan year	2022-04-06	89778
Fees paid to broker by Benefit Provider	2022-04-06	8684
Expensese paid to adminstrative service provicers from plan in this plan year	2022-04-06	26434

Potentially related plans

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Company Name:	SIMMONS & SAVOIE INSURANCE AGENCY, INC.
Employer identification number (EIN):	720745978
NAIC Classification:	524210
NAIC Description:	Insurance Agencies and Brokerages