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SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 401k Plan overview

Plan NameSOUTH PLAINS IMPLEMENT, LTD 401K PLAN
Plan identification number 001

SOUTH PLAINS IMPLEMENT, LTD 401K 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.
  • 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

SOUTH PLAINS IMPLEMENT, LTD has sponsored the creation of one or more 401k plans.

Company Name:SOUTH PLAINS IMPLEMENT, LTD
Employer identification number (EIN):752959950
NAIC Classification:444200
NAIC Description: Lawn and Garden Equipment and Supplies Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH PLAINS IMPLEMENT, LTD 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MARY HOBSON2023-10-12
0012021-01-01MARY HOBSON2022-10-14
0012020-01-01MARY HOBSON2021-10-01
0012019-01-01MARY HOBSON2020-10-13
0012018-01-01MARY HOBSON2019-10-09
0012017-01-01MARY HOBSON
0012016-01-01MARY HOBSON
0012015-01-01D MARK TYLER
0012014-01-01D MARK TYLER
0012013-01-01
0012012-01-01ELIZABETH POWELL2013-10-15
0012011-01-01ELIZABETH POWELL2012-10-12
0012010-01-01D MARK TYLER2011-08-01

Plan Statistics for SOUTH PLAINS IMPLEMENT, LTD 401K PLAN

401k plan membership statisitcs for SOUTH PLAINS IMPLEMENT, LTD 401K PLAN

Measure Date Value
2022: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01373
Total number of active participants reported on line 7a of the Form 55002022-01-01319
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0145
Total of all active and inactive participants2022-01-01365
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01366
Number of participants with account balances2022-01-01239
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0121
2021: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01287
Total number of active participants reported on line 7a of the Form 55002021-01-01227
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0146
Total of all active and inactive participants2021-01-01275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-01277
Number of participants with account balances2021-01-01244
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0123
2020: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01300
Total number of active participants reported on line 7a of the Form 55002020-01-01263
Number of retired or separated participants receiving benefits2020-01-012
Number of other retired or separated participants entitled to future benefits2020-01-0148
Total of all active and inactive participants2020-01-01313
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01313
Number of participants with account balances2020-01-01266
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0117
2019: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01316
Total number of active participants reported on line 7a of the Form 55002019-01-01247
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0145
Total of all active and inactive participants2019-01-01293
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01293
Number of participants with account balances2019-01-01281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0118
2018: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01295
Total number of active participants reported on line 7a of the Form 55002018-01-01253
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-0156
Total of all active and inactive participants2018-01-01311
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01311
Number of participants with account balances2018-01-01274
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0118
2017: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01181
Total number of active participants reported on line 7a of the Form 55002017-01-01141
Number of retired or separated participants receiving benefits2017-01-013
Number of other retired or separated participants entitled to future benefits2017-01-0122
Total of all active and inactive participants2017-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01166
Number of participants with account balances2017-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-017
2016: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01148
Total number of active participants reported on line 7a of the Form 55002016-01-01172
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-016
Total of all active and inactive participants2016-01-01178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01179
Number of participants with account balances2016-01-01155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014
2015: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01177
Total number of active participants reported on line 7a of the Form 55002015-01-01134
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0129
Total of all active and inactive participants2015-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01165
Number of participants with account balances2015-01-01138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-016
2014: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01173
Total number of active participants reported on line 7a of the Form 55002014-01-01127
Number of retired or separated participants receiving benefits2014-01-018
Number of other retired or separated participants entitled to future benefits2014-01-0131
Total of all active and inactive participants2014-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01167
Number of participants with account balances2014-01-01143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0110
2013: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01158
Total number of active participants reported on line 7a of the Form 55002013-01-01135
Number of retired or separated participants receiving benefits2013-01-013
Number of other retired or separated participants entitled to future benefits2013-01-0124
Total of all active and inactive participants2013-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01163
Number of participants with account balances2013-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-016

Financial Data on SOUTH PLAINS IMPLEMENT, LTD 401K PLAN

Measure Date Value
2022 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
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$0
Total income from all sources (including contributions)2022-12-31$-2,976,337
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$995,708
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$978,687
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,901,613
Value of total assets at end of year2022-12-31$20,062,236
Value of total assets at beginning of year2022-12-31$24,034,281
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$17,021
Total interest from all sources2022-12-31$33,120
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
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$1,266,665
Participant contributions at end of year2022-12-31$458,836
Participant contributions at beginning of year2022-12-31$440,061
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$32,644
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,972,045
Value of net assets at end of year (total assets less liabilities)2022-12-31$20,062,236
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$24,034,281
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 pooled separate accounts at end of year2022-12-31$19,023,403
Value of interest in pooled separate accounts at beginning of year2022-12-31$22,906,543
Interest on participant loans2022-12-31$16,600
Interest earned on other investments2022-12-31$16,520
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$579,997
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$687,677
Net investment gain/loss from pooled separate accounts2022-12-31$-4,911,070
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$602,304
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$978,687
Contract administrator fees2022-12-31$17,021
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 name2022-12-31EQUIPMENT DEALER CONSULTING, LLC
Accountancy firm EIN2022-12-31431446880
2021 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$17,482
Total unrealized appreciation/depreciation of assets2021-12-31$17,482
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$4,954,570
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,130,820
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,114,492
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,926,750
Value of total assets at end of year2021-12-31$24,034,281
Value of total assets at beginning of year2021-12-31$20,210,531
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$16,328
Total interest from all sources2021-12-31$19,207
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
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$1,307,416
Participant contributions at end of year2021-12-31$440,061
Participant contributions at beginning of year2021-12-31$402,894
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$0
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$3,823,750
Value of net assets at end of year (total assets less liabilities)2021-12-31$24,034,281
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$20,210,531
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
Value of interest in pooled separate accounts at end of year2021-12-31$22,906,543
Value of interest in pooled separate accounts at beginning of year2021-12-31$19,159,671
Interest on participant loans2021-12-31$19,207
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$687,677
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$647,966
Net investment gain/loss from pooled separate accounts2021-12-31$2,991,131
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$619,334
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,114,492
Contract administrator fees2021-12-31$16,328
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 name2021-12-31EQUIPMENT DEALER CONSULTING, LLC
Accountancy firm EIN2021-12-31431446880
2020 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,124,097
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,188,004
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,171,948
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,829,015
Value of total assets at end of year2020-12-31$20,210,531
Value of total assets at beginning of year2020-12-31$16,274,438
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$16,056
Total interest from all sources2020-12-31$22,301
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$18,255
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$18,255
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,253,339
Participant contributions at end of year2020-12-31$402,894
Participant contributions at beginning of year2020-12-31$381,554
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$76,214
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,936,093
Value of net assets at end of year (total assets less liabilities)2020-12-31$20,210,531
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$16,274,438
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$19,159,671
Value of interest in pooled separate accounts at beginning of year2020-12-31$15,188,769
Interest on participant loans2020-12-31$22,301
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$647,966
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$590,893
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$3,254,526
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$575,676
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$37,008
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,171,948
Contract administrator fees2020-12-31$16,056
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31EIDE BAILLY LLP
Accountancy firm EIN2020-12-31450250958
2019 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$5,013,109
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,147,758
Total of all expenses incurred2019-12-31$1,147,758
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,140,463
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,140,463
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,083,531
Value of total assets at end of year2019-12-31$16,274,438
Value of total assets at end of year2019-12-31$16,274,438
Value of total assets at beginning of year2019-12-31$12,409,087
Value of total assets at beginning of year2019-12-31$12,409,087
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$7,295
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$7,295
Total interest from all sources2019-12-31$21,262
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,252,019
Contributions received from participants2019-12-31$1,252,019
Participant contributions at end of year2019-12-31$381,554
Participant contributions at beginning of year2019-12-31$357,185
Participant contributions at beginning of year2019-12-31$357,185
Participant contributions at end of year2019-12-31$76,214
Participant contributions at beginning of year2019-12-31$42,099
Participant contributions at beginning of year2019-12-31$42,099
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$240,677
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$240,677
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,865,351
Value of net income/loss2019-12-31$3,865,351
Value of net assets at end of year (total assets less liabilities)2019-12-31$16,274,438
Value of net assets at end of year (total assets less liabilities)2019-12-31$16,274,438
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$12,409,087
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$12,409,087
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$15,188,769
Value of interest in pooled separate accounts at end of year2019-12-31$15,188,769
Value of interest in pooled separate accounts at beginning of year2019-12-31$11,419,726
Value of interest in pooled separate accounts at beginning of year2019-12-31$11,419,726
Interest on participant loans2019-12-31$21,262
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$590,893
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$590,893
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$571,128
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$571,128
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$17,984
Net investment gain/loss from pooled separate accounts2019-12-31$2,890,332
Net investment gain/loss from pooled separate accounts2019-12-31$2,890,332
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$590,835
Contributions received in cash from employer2019-12-31$590,835
Employer contributions (assets) at end of year2019-12-31$37,008
Employer contributions (assets) at beginning of year2019-12-31$18,949
Employer contributions (assets) at beginning of year2019-12-31$18,949
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,140,463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,140,463
Contract administrator fees2019-12-31$7,295
Contract administrator fees2019-12-31$7,295
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31EIDE BAILLY LLP
Accountancy firm name2019-12-31EIDE BAILLY LLP
Accountancy firm EIN2019-12-31450250958
Accountancy firm EIN2019-12-31450250958
2018 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$5,460,043
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$954,780
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$584,454
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$575,259
Value of total corrective distributions2018-12-31$4,870
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,666,835
Value of total assets at end of year2018-12-31$12,409,087
Value of total assets at beginning of year2018-12-31$6,578,718
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$4,325
Total interest from all sources2018-12-31$14,380
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$1,200
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,001,189
Participant contributions at end of year2018-12-31$357,185
Participant contributions at beginning of year2018-12-31$202,550
Participant contributions at end of year2018-12-31$42,099
Participant contributions at beginning of year2018-12-31$46,767
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$217,573
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$370,326
Value of net assets at end of year (total assets less liabilities)2018-12-31$12,409,087
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$6,578,718
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$11,419,726
Value of interest in pooled separate accounts at beginning of year2018-12-31$5,587,922
Interest on participant loans2018-12-31$14,380
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$571,128
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$725,016
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$16,280
Net investment gain/loss from pooled separate accounts2018-12-31$-742,715
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$448,073
Employer contributions (assets) at end of year2018-12-31$18,949
Employer contributions (assets) at beginning of year2018-12-31$16,463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$575,259
Contract administrator fees2018-12-31$3,125
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31EIDE BAILLY LLP
Accountancy firm EIN2018-12-31450250958
2017 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,659,678
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$303,107
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$298,717
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$773,550
Value of total assets at end of year2017-12-31$6,578,718
Value of total assets at beginning of year2017-12-31$5,222,147
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$4,390
Total interest from all sources2017-12-31$8,376
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$650
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$530,341
Participant contributions at end of year2017-12-31$202,550
Participant contributions at beginning of year2017-12-31$180,071
Participant contributions at end of year2017-12-31$46,767
Participant contributions at beginning of year2017-12-31$23,020
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$5,919
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,356,571
Value of net assets at end of year (total assets less liabilities)2017-12-31$6,578,718
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$5,222,147
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$5,587,922
Value of interest in pooled separate accounts at beginning of year2017-12-31$4,256,740
Interest on participant loans2017-12-31$8,376
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$725,016
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$751,574
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$20,142
Net investment gain/loss from pooled separate accounts2017-12-31$857,610
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$237,290
Employer contributions (assets) at end of year2017-12-31$16,463
Employer contributions (assets) at beginning of year2017-12-31$10,742
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$298,717
Contract administrator fees2017-12-31$3,740
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31EIDE BAILLY LLP
Accountancy firm EIN2017-12-31450250958
2016 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$984,141
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$135,117
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$117,902
Expenses. Certain deemed distributions of participant loans2016-12-31$16,563
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$684,945
Value of total assets at end of year2016-12-31$5,188,385
Value of total assets at beginning of year2016-12-31$4,339,361
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$652
Total interest from all sources2016-12-31$8,293
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$652
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$469,023
Participant contributions at end of year2016-12-31$180,071
Participant contributions at beginning of year2016-12-31$178,225
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$22,095
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$3,695
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$849,024
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,188,385
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$4,339,361
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$4,256,740
Value of interest in pooled separate accounts at beginning of year2016-12-31$3,772,463
Interest on participant loans2016-12-31$8,293
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$751,574
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$356,321
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$13,800
Net investment gain/loss from pooled separate accounts2016-12-31$277,103
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$212,227
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$10,257
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$117,902
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31DAVIS KINARD & CO., PC
Accountancy firm EIN2016-12-31751332266
2015 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$558,504
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$226,950
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$201,980
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$615,265
Value of total assets at end of year2015-12-31$4,339,360
Value of total assets at beginning of year2015-12-31$4,007,806
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$24,970
Total interest from all sources2015-12-31$7,881
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$24,970
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$419,625
Participant contributions at end of year2015-12-31$178,224
Participant contributions at beginning of year2015-12-31$117,626
Participant contributions at end of year2015-12-31$22,095
Participant contributions at beginning of year2015-12-31$21,956
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$16,359
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$331,554
Value of net assets at end of year (total assets less liabilities)2015-12-31$4,339,360
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,007,806
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$3,772,463
Value of interest in pooled separate accounts at beginning of year2015-12-31$3,538,801
Interest on participant loans2015-12-31$7,881
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$356,321
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$319,801
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-64,642
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$179,281
Employer contributions (assets) at end of year2015-12-31$10,257
Employer contributions (assets) at beginning of year2015-12-31$9,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$201,980
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31DAVIS KINARD & CO., PC
Accountancy firm EIN2015-12-31751332266
2014 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
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$764,101
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$126,325
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$103,741
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$596,037
Value of total assets at end of year2014-12-31$4,007,806
Value of total assets at beginning of year2014-12-31$3,370,030
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$22,584
Total interest from all sources2014-12-31$4,412
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Administrative expenses professional fees incurred2014-12-31$18,740
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$100,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$406,617
Participant contributions at end of year2014-12-31$117,626
Participant contributions at beginning of year2014-12-31$104,178
Participant contributions at end of year2014-12-31$21,956
Participant contributions at beginning of year2014-12-31$10,906
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$9,423
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$637,776
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,007,806
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$3,370,030
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
Value of interest in pooled separate accounts at end of year2014-12-31$3,538,801
Value of interest in pooled separate accounts at beginning of year2014-12-31$2,962,802
Interest on participant loans2014-12-31$4,412
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$319,801
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$287,226
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$163,652
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$179,997
Employer contributions (assets) at end of year2014-12-31$9,622
Employer contributions (assets) at beginning of year2014-12-31$4,918
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$103,741
Contract administrator fees2014-12-31$3,844
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 name2014-12-31DAVIS KINARD & CO., PC
Accountancy firm EIN2014-12-31751332266
2013 : SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,054,164
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$123,261
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$104,856
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$573,110
Value of total assets at end of year2013-12-31$3,370,030
Value of total assets at beginning of year2013-12-31$2,439,127
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$18,405
Total interest from all sources2013-12-31$12,333
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Administrative expenses professional fees incurred2013-12-31$14,467
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$100,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$397,080
Participant contributions at end of year2013-12-31$104,178
Participant contributions at beginning of year2013-12-31$101,944
Participant contributions at end of year2013-12-31$10,906
Participant contributions at beginning of year2013-12-31$16,796
Administrative expenses (other) incurred2013-12-31$3,938
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$930,903
Value of net assets at end of year (total assets less liabilities)2013-12-31$3,370,030
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,439,127
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$2,644,943
Value of interest in pooled separate accounts at beginning of year2013-12-31$1,811,280
Interest on participant loans2013-12-31$4,726
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$317,859
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$269,827
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$269,827
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$7,607
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$287,226
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$232,933
Net investment gain/loss from pooled separate accounts2013-12-31$468,721
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$176,030
Employer contributions (assets) at end of year2013-12-31$4,918
Employer contributions (assets) at beginning of year2013-12-31$6,347
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$104,856
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31DAVIS KINARD & CO., PC
Accountancy firm EIN2013-12-31751332266

Form 5500 Responses for SOUTH PLAINS IMPLEMENT, LTD 401K PLAN

2022: SOUTH PLAINS IMPLEMENT, LTD 401K 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: SOUTH PLAINS IMPLEMENT, LTD 401K 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
2020: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SOUTH PLAINS IMPLEMENT, LTD 401K 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
2013: SOUTH PLAINS IMPLEMENT, LTD 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE326741
Policy instance 1
Insurance contract or identification numberE326741
Number of Individuals Covered255
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $30,835
Total amount of fees paid to insurance companyUSD $7,709
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?Yes
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
Commission paid to Insurance BrokerUSD $6,167
Insurance broker organization code?3
Amount paid for insurance broker fees7709
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE326741
Policy instance 1
Insurance contract or identification numberE326741
Number of Individuals Covered244
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $32,313
Total amount of fees paid to insurance companyUSD $8,078
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?Yes
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
Commission paid to Insurance BrokerUSD $6,463
Insurance broker organization code?3
Amount paid for insurance broker fees8078
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE326741
Policy instance 1
Insurance contract or identification numberE326741
Number of Individuals Covered266
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $21,435
Total amount of fees paid to insurance companyUSD $9,100
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?Yes
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
Commission paid to Insurance BrokerUSD $6,681
Insurance broker organization code?3
Amount paid for insurance broker fees9100
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE326741
Policy instance 1
Insurance contract or identification numberE326741
Number of Individuals Covered282
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $10,459
Total amount of fees paid to insurance companyUSD $15,689
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?Yes
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
Commission paid to Insurance BrokerUSD $10,459
Insurance broker organization code?3
Amount paid for insurance broker fees15689
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE326741
Policy instance 1
Insurance contract or identification numberE326741
Number of Individuals Covered311
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $37,016
Total amount of fees paid to insurance companyUSD $55,524
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?Yes
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
Commission paid to Insurance BrokerUSD $37,016
Insurance broker organization code?3
Amount paid for insurance broker fees55524
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE326741
Policy instance 1
Insurance contract or identification numberE326741
Number of Individuals Covered166
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $6,202
Total amount of fees paid to insurance companyUSD $7,472
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?Yes
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
Commission paid to Insurance BrokerUSD $5,470
Insurance broker organization code?3
Amount paid for insurance broker fees7472
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
Insurance broker nameTAX FAVORED BENEFITS, INC
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84703-1
Policy instance 1
Insurance contract or identification numberRM 84703-1
Number of Individuals Covered138
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $20,955
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
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?Yes
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
Commission paid to Insurance BrokerUSD $18,418
Insurance broker organization code?3
Insurance broker nameTODD E. HOLT
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84703-1
Policy instance 1
Insurance contract or identification numberRM 84703-1
Number of Individuals Covered143
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $18,739
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
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?Yes
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
Commission paid to Insurance BrokerUSD $16,521
Insurance broker organization code?3
Insurance broker nameTODD E. HOLT
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84703-1
Policy instance 1
Insurance contract or identification numberRM 84703-1
Number of Individuals Covered134
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $14,467
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
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?Yes
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
Commission paid to Insurance BrokerUSD $12,753
Insurance broker organization code?3
Insurance broker nameTODD E. HOLT

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