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STATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSTATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN
Plan identification number 001

STATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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
  • 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

STATE FARM INSURANCE- MIKEY WESLEY has sponsored the creation of one or more 401k plans.

Company Name:STATE FARM INSURANCE- MIKEY WESLEY
Employer identification number (EIN):760344795
NAIC Classification:524130
NAIC Description:Reinsurance Carriers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JEREMY J. SCHIRA2024-09-04
0012022-01-01JEREMY J. SCHIRA2023-10-11
0012021-01-01

Financial Data on STATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : STATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-242216
Net assets as of the end of the plan year2025-09-24375970
Total assets as of the beginning of the plan year2025-09-24273276
Value of plan covered by a fidelity bond2025-09-2430000
Participant contributions to plan in this plan year2025-09-2452960
Other contributions to plan in this plan year2025-09-240
Other income to plan in this plan year2025-09-2433605
Plan net income in this plan year2025-09-24102694
Net assets as of the end of the plan year2025-09-24375970
Net assets as of the beginning of the plan year2025-09-24273276
Employer contributions to plan in this plan year2025-09-2418345
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-242216
2024 : STATE FARM INSURANCE MIKEY WESLEY 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-047385
Net assets as of the end of the plan year2024-09-04273276
Total assets as of the beginning of the plan year2024-09-04173737
Value of plan covered by a fidelity bond2024-09-0430000
Participant contributions to plan in this plan year2024-09-0446290
Other contributions to plan in this plan year2024-09-040
Other income to plan in this plan year2024-09-0425537
Plan net income in this plan year2024-09-0499539
Net assets as of the end of the plan year2024-09-04273276
Net assets as of the beginning of the plan year2024-09-04173737
Employer contributions to plan in this plan year2024-09-0435097
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-041328

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