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INVESTORS TITLE SERVICE, INC., 401K PLAN 401k Plan overview

Plan NameINVESTORS TITLE SERVICE, INC., 401K PLAN
Plan identification number 001

INVESTORS TITLE SERVICE, INC., 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

INVESTORS TITLE SERVICE, INC. has sponsored the creation of one or more 401k plans.

Company Name:INVESTORS TITLE SERVICE, INC.
Employer identification number (EIN):814815341
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INVESTORS TITLE SERVICE, INC., 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHAEL BEASLEY2024-06-13
0012022-01-01MICHAEL BEASLEY2023-06-08
0012021-01-01MICHAEL BEASLEY2022-05-26
0012020-01-01MICHAEL BEASLEY2021-09-14
0012019-01-01MICHAEL BEASLEY2020-07-13
0012018-01-01MICHAEL BEASLEY2019-06-04
0012017-01-01MICHAEL BEASLEY2018-06-25

Plan Statistics for INVESTORS TITLE SERVICE, INC., 401K PLAN

401k plan membership statisitcs for INVESTORS TITLE SERVICE, INC., 401K PLAN

Measure Date Value
2024: INVESTORS TITLE SERVICE, INC., 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-136
Total number of particpants at end of year2024-06-135
Number of Participants With Account Balances2024-06-135
2022: INVESTORS TITLE SERVICE, INC., 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-266
Total number of particpants at end of year2022-05-266
Number of Participants With Account Balances2022-05-265

Financial Data on INVESTORS TITLE SERVICE, INC., 401K PLAN

Measure Date Value
2024 : INVESTORS TITLE SERVICE, INC., 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-13300
Net assets as of the end of the plan year2024-06-1384325
Total assets as of the beginning of the plan year2024-06-1354208
Value of plan covered by a fidelity bond2024-06-136000
Participant contributions to plan in this plan year2024-06-1319864
Other income to plan in this plan year2024-06-1310553
Plan net income in this plan year2024-06-1330117
Net assets as of the end of the plan year2024-06-1384325
Net assets as of the beginning of the plan year2024-06-1354208
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-13300
2022 : INVESTORS TITLE SERVICE, INC., 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-261112
Net assets as of the end of the plan year2022-05-2654627
Total assets as of the beginning of the plan year2022-05-2632475
Value of plan covered by a fidelity bond2022-05-264000
Participant contributions to plan in this plan year2022-05-2616648
Value of participant loans at end of plan year2022-05-26436
Other income to plan in this plan year2022-05-266616
Plan net income in this plan year2022-05-2622152
Net assets as of the end of the plan year2022-05-2654627
Net assets as of the beginning of the plan year2022-05-2632475
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-26186

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