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THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN
Plan identification number 001

THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING 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.
  • 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

THE INSURANCE CENTER AGENCY, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE INSURANCE CENTER AGENCY, INC.
Employer identification number (EIN):731466362
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01E. CHRIS KAUFFMAN2013-09-06
0012011-01-01E. CHRIS KAUFFMAN2012-05-07
0012010-01-01JACKIE VALADEZ2011-03-31

Plan Statistics for THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN

401k plan membership statisitcs for THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2025: THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-1214
Total number of particpants at end of year2025-08-1218
Number of Participants With Account Balances2025-08-1212
2024: THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-2014
Total number of particpants at end of year2024-05-2014
Number of Participants With Account Balances2024-05-2011
2022: THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-2315
Total number of particpants at end of year2022-06-2315
Number of Participants With Account Balances2022-06-2314

Financial Data on THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2025 : THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-120
Total liabilities as of the end of the plan year2025-08-120
Total liabilities as of the beginning of the plan year2025-08-120
Total expenses incurred by plan in this plan year2025-08-1267588
Net assets as of the end of the plan year2025-08-12569539
Total assets as of the beginning of the plan year2025-08-12550490
Value of plan covered by a fidelity bond2025-08-1275000
Participant contributions to plan in this plan year2025-08-1221304
Other expenses paid from plan in this plan year2025-08-120
Other contributions to plan in this plan year2025-08-120
Other income to plan in this plan year2025-08-1251537
Plan net income in this plan year2025-08-1219049
Net assets as of the end of the plan year2025-08-12569539
Net assets as of the beginning of the plan year2025-08-12550490
Employer contributions to plan in this plan year2025-08-1213796
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-125317
2024 : THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-200
Total liabilities as of the end of the plan year2024-05-200
Total liabilities as of the beginning of the plan year2024-05-200
Total expenses incurred by plan in this plan year2024-05-2052041
Net assets as of the end of the plan year2024-05-20550490
Total assets as of the beginning of the plan year2024-05-20509926
Value of plan covered by a fidelity bond2024-05-2075000
Participant contributions to plan in this plan year2024-05-2019435
Value of participant loans at end of plan year2024-05-206042
Other expenses paid from plan in this plan year2024-05-200
Other contributions to plan in this plan year2024-05-200
Other income to plan in this plan year2024-05-2060707
Plan net income in this plan year2024-05-2040564
Net assets as of the end of the plan year2024-05-20550490
Net assets as of the beginning of the plan year2024-05-20509926
Employer contributions to plan in this plan year2024-05-2012463
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-204758
2022 : THE INSURANCE CENTER AGENCY, INC. 401K PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-230
Total liabilities as of the end of the plan year2022-06-230
Total liabilities as of the beginning of the plan year2022-06-230
Total expenses incurred by plan in this plan year2022-06-23348473
Net assets as of the end of the plan year2022-06-23541475
Total assets as of the beginning of the plan year2022-06-23787595
Value of plan covered by a fidelity bond2022-06-2375000
Participant contributions to plan in this plan year2022-06-2317213
Value of participant loans at end of plan year2022-06-239131
Other expenses paid from plan in this plan year2022-06-230
Other contributions to plan in this plan year2022-06-230
Other income to plan in this plan year2022-06-2372055
Plan net income in this plan year2022-06-23-246120
Net assets as of the end of the plan year2022-06-23541475
Net assets as of the beginning of the plan year2022-06-23787595
Employer contributions to plan in this plan year2022-06-2313085
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-236444

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