INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST
401k plan membership statisitcs for INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST
| Measure | Date | Value |
|---|
| 2024 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2024 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2024-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-31 | $6,841 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-31 | $13,719 |
| Total income from all sources (including contributions) | 2024-01-31 | $1,513,500 |
| Total loss/gain on sale of assets | 2024-01-31 | $0 |
| Total of all expenses incurred | 2024-01-31 | $1,512,221 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-31 | $1,505,999 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-31 | $1,513,500 |
| Value of total assets at end of year | 2024-01-31 | $8,613 |
| Value of total assets at beginning of year | 2024-01-31 | $14,212 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-31 | $6,222 |
| Total interest from all sources | 2024-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-31 | No |
| Was this plan covered by a fidelity bond | 2024-01-31 | Yes |
| Value of fidelity bond cover | 2024-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-31 | No |
| Administrative expenses (other) incurred | 2024-01-31 | $6,222 |
| Liabilities. Value of operating payables at end of year | 2024-01-31 | $514 |
| Liabilities. Value of operating payables at beginning of year | 2024-01-31 | $486 |
| Total non interest bearing cash at end of year | 2024-01-31 | $3,365 |
| Total non interest bearing cash at beginning of year | 2024-01-31 | $9,569 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-31 | No |
| Value of net income/loss | 2024-01-31 | $1,279 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-31 | $1,772 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-31 | $493 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2024-01-31 | $1,505,999 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-31 | No |
| Contributions received in cash from employer | 2024-01-31 | $1,513,500 |
| Employer contributions (assets) at end of year | 2024-01-31 | $5,248 |
| Employer contributions (assets) at beginning of year | 2024-01-31 | $4,643 |
| Liabilities. Value of benefit claims payable at end of year | 2024-01-31 | $6,327 |
| Liabilities. Value of benefit claims payable at beginning of year | 2024-01-31 | $13,233 |
| Did the plan have assets held for investment | 2024-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2024-01-31 | Unqualified |
| Accountancy firm name | 2024-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2024-01-31 | 410746749 |
| 2023 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-02-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-02-01 | $6,841 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-02-01 | $13,719 |
| Total income from all sources (including contributions) | 2023-02-01 | $1,513,500 |
| Total loss/gain on sale of assets | 2023-02-01 | $0 |
| Total of all expenses incurred | 2023-02-01 | $1,512,221 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-02-01 | $1,505,999 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-02-01 | $1,513,500 |
| Value of total assets at end of year | 2023-02-01 | $8,613 |
| Value of total assets at beginning of year | 2023-02-01 | $14,212 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-02-01 | $6,222 |
| Total interest from all sources | 2023-02-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-02-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-02-01 | No |
| Was this plan covered by a fidelity bond | 2023-02-01 | Yes |
| Value of fidelity bond cover | 2023-02-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-02-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-02-01 | No |
| Administrative expenses (other) incurred | 2023-02-01 | $6,222 |
| Liabilities. Value of operating payables at end of year | 2023-02-01 | $514 |
| Liabilities. Value of operating payables at beginning of year | 2023-02-01 | $486 |
| Total non interest bearing cash at end of year | 2023-02-01 | $3,365 |
| Total non interest bearing cash at beginning of year | 2023-02-01 | $9,569 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-02-01 | No |
| Value of net income/loss | 2023-02-01 | $1,279 |
| Value of net assets at end of year (total assets less liabilities) | 2023-02-01 | $1,772 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-02-01 | $493 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-02-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-02-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-02-01 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-02-01 | $1,505,999 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-02-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-02-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-02-01 | No |
| Contributions received in cash from employer | 2023-02-01 | $1,513,500 |
| Employer contributions (assets) at end of year | 2023-02-01 | $5,248 |
| Employer contributions (assets) at beginning of year | 2023-02-01 | $4,643 |
| Liabilities. Value of benefit claims payable at end of year | 2023-02-01 | $6,327 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-02-01 | $13,233 |
| Did the plan have assets held for investment | 2023-02-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-02-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-02-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-02-01 | 1 |
| Accountancy firm name | 2023-02-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-02-01 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2023-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-31 | $13,719 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-31 | $1,344 |
| Total income from all sources (including contributions) | 2023-01-31 | $1,666,768 |
| Total loss/gain on sale of assets | 2023-01-31 | $0 |
| Total of all expenses incurred | 2023-01-31 | $1,672,355 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-31 | $1,666,748 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-31 | $1,666,768 |
| Value of total assets at end of year | 2023-01-31 | $14,212 |
| Value of total assets at beginning of year | 2023-01-31 | $7,424 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-31 | $5,607 |
| Total interest from all sources | 2023-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-31 | No |
| Was this plan covered by a fidelity bond | 2023-01-31 | Yes |
| Value of fidelity bond cover | 2023-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-31 | No |
| Contributions received from participants | 2023-01-31 | $3,810 |
| Participant contributions at end of year | 2023-01-31 | $0 |
| Participant contributions at beginning of year | 2023-01-31 | $1,292 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-31 | $674 |
| Administrative expenses (other) incurred | 2023-01-31 | $5,607 |
| Liabilities. Value of operating payables at end of year | 2023-01-31 | $486 |
| Liabilities. Value of operating payables at beginning of year | 2023-01-31 | $476 |
| Total non interest bearing cash at end of year | 2023-01-31 | $9,569 |
| Total non interest bearing cash at beginning of year | 2023-01-31 | $5,458 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-31 | No |
| Value of net income/loss | 2023-01-31 | $-5,587 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-31 | $493 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-31 | $6,080 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-31 | No |
| Contributions received in cash from employer | 2023-01-31 | $1,662,958 |
| Employer contributions (assets) at end of year | 2023-01-31 | $4,643 |
| Employer contributions (assets) at beginning of year | 2023-01-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-31 | $1,666,748 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-31 | $13,233 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-31 | $868 |
| Did the plan have assets held for investment | 2023-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-31 | Unqualified |
| Accountancy firm name | 2023-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-01-31 | 410746749 |
| 2022 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-02-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-02-01 | $13,719 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-02-01 | $1,344 |
| Total income from all sources (including contributions) | 2022-02-01 | $1,666,768 |
| Total loss/gain on sale of assets | 2022-02-01 | $0 |
| Total of all expenses incurred | 2022-02-01 | $1,672,355 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-02-01 | $1,666,748 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-02-01 | $1,666,768 |
| Value of total assets at end of year | 2022-02-01 | $14,212 |
| Value of total assets at beginning of year | 2022-02-01 | $7,424 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-02-01 | $5,607 |
| Total interest from all sources | 2022-02-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-02-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-02-01 | No |
| Was this plan covered by a fidelity bond | 2022-02-01 | Yes |
| Value of fidelity bond cover | 2022-02-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-02-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-02-01 | No |
| Contributions received from participants | 2022-02-01 | $3,810 |
| Participant contributions at end of year | 2022-02-01 | $0 |
| Participant contributions at beginning of year | 2022-02-01 | $1,292 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-02-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-02-01 | $674 |
| Administrative expenses (other) incurred | 2022-02-01 | $5,607 |
| Liabilities. Value of operating payables at end of year | 2022-02-01 | $486 |
| Liabilities. Value of operating payables at beginning of year | 2022-02-01 | $476 |
| Total non interest bearing cash at end of year | 2022-02-01 | $9,569 |
| Total non interest bearing cash at beginning of year | 2022-02-01 | $5,458 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-02-01 | No |
| Value of net income/loss | 2022-02-01 | $-5,587 |
| Value of net assets at end of year (total assets less liabilities) | 2022-02-01 | $493 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-02-01 | $6,080 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-02-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-02-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-02-01 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-02-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-02-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-02-01 | No |
| Contributions received in cash from employer | 2022-02-01 | $1,662,958 |
| Employer contributions (assets) at end of year | 2022-02-01 | $4,643 |
| Employer contributions (assets) at beginning of year | 2022-02-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-02-01 | $1,666,748 |
| Liabilities. Value of benefit claims payable at end of year | 2022-02-01 | $13,233 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-02-01 | $868 |
| Did the plan have assets held for investment | 2022-02-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-02-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-02-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-02-01 | 1 |
| Accountancy firm name | 2022-02-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-02-01 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2022-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-31 | $1,344 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-31 | $2,713 |
| Total income from all sources (including contributions) | 2022-01-31 | $1,605,973 |
| Total loss/gain on sale of assets | 2022-01-31 | $0 |
| Total of all expenses incurred | 2022-01-31 | $1,604,393 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-31 | $1,598,473 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-31 | $1,605,973 |
| Value of total assets at end of year | 2022-01-31 | $7,424 |
| Value of total assets at beginning of year | 2022-01-31 | $7,213 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-31 | $5,920 |
| Total interest from all sources | 2022-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-31 | No |
| Was this plan covered by a fidelity bond | 2022-01-31 | Yes |
| Value of fidelity bond cover | 2022-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-31 | No |
| Contributions received from participants | 2022-01-31 | $8,310 |
| Participant contributions at end of year | 2022-01-31 | $1,292 |
| Participant contributions at beginning of year | 2022-01-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-31 | $674 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-31 | $692 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-31 | $864 |
| Administrative expenses (other) incurred | 2022-01-31 | $5,920 |
| Liabilities. Value of operating payables at end of year | 2022-01-31 | $486 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-31 | $476 |
| Total non interest bearing cash at end of year | 2022-01-31 | $5,458 |
| Total non interest bearing cash at beginning of year | 2022-01-31 | $6,421 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-31 | No |
| Value of net income/loss | 2022-01-31 | $1,580 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-31 | $6,080 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-31 | $4,500 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-31 | $1,598,473 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-31 | No |
| Contributions received in cash from employer | 2022-01-31 | $1,597,663 |
| Employer contributions (assets) at end of year | 2022-01-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-31 | $100 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-31 | $858 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-31 | $1,373 |
| Did the plan have assets held for investment | 2022-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-31 | Unqualified |
| Accountancy firm name | 2022-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-01-31 | 410746749 |
| 2021 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-01-31 | $2,713 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-01-31 | $16,517 |
| Total income from all sources (including contributions) | 2021-01-31 | $3,064,873 |
| Total loss/gain on sale of assets | 2021-01-31 | $0 |
| Total of all expenses incurred | 2021-01-31 | $3,070,623 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-01-31 | $3,064,867 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-01-31 | $3,064,873 |
| Value of total assets at end of year | 2021-01-31 | $7,213 |
| Value of total assets at beginning of year | 2021-01-31 | $26,767 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-01-31 | $5,756 |
| Total interest from all sources | 2021-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-01-31 | No |
| Was this plan covered by a fidelity bond | 2021-01-31 | Yes |
| Value of fidelity bond cover | 2021-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-01-31 | No |
| Contributions received from participants | 2021-01-31 | $2,574 |
| Participant contributions at end of year | 2021-01-31 | $0 |
| Participant contributions at beginning of year | 2021-01-31 | $511 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-01-31 | $692 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-01-31 | $703 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-01-31 | $864 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-01-31 | $3,945 |
| Administrative expenses (other) incurred | 2021-01-31 | $5,756 |
| Liabilities. Value of operating payables at end of year | 2021-01-31 | $476 |
| Liabilities. Value of operating payables at beginning of year | 2021-01-31 | $465 |
| Total non interest bearing cash at end of year | 2021-01-31 | $6,421 |
| Total non interest bearing cash at beginning of year | 2021-01-31 | $17,337 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-01-31 | No |
| Value of net income/loss | 2021-01-31 | $-5,750 |
| Value of net assets at end of year (total assets less liabilities) | 2021-01-31 | $4,500 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-01-31 | $10,250 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-01-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-01-31 | $3,064,867 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-01-31 | No |
| Contributions received in cash from employer | 2021-01-31 | $3,062,299 |
| Employer contributions (assets) at end of year | 2021-01-31 | $100 |
| Employer contributions (assets) at beginning of year | 2021-01-31 | $8,216 |
| Liabilities. Value of benefit claims payable at end of year | 2021-01-31 | $1,373 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-01-31 | $12,107 |
| Did the plan have assets held for investment | 2021-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-01-31 | Unqualified |
| Accountancy firm name | 2021-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2021-01-31 | 410746749 |
| 2020 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-01-31 | $16,517 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-01-31 | $42,119 |
| Total income from all sources (including contributions) | 2020-01-31 | $3,243,379 |
| Total loss/gain on sale of assets | 2020-01-31 | $0 |
| Total of all expenses incurred | 2020-01-31 | $3,238,127 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-01-31 | $3,232,380 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-01-31 | $3,243,379 |
| Value of total assets at end of year | 2020-01-31 | $26,767 |
| Value of total assets at beginning of year | 2020-01-31 | $47,117 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-01-31 | $5,747 |
| Total interest from all sources | 2020-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-01-31 | No |
| Was this plan covered by a fidelity bond | 2020-01-31 | Yes |
| Value of fidelity bond cover | 2020-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-01-31 | No |
| Contributions received from participants | 2020-01-31 | $10,009 |
| Participant contributions at end of year | 2020-01-31 | $511 |
| Participant contributions at beginning of year | 2020-01-31 | $5,783 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-01-31 | $703 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-01-31 | $3,546 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-01-31 | $3,945 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-01-31 | $18,626 |
| Administrative expenses (other) incurred | 2020-01-31 | $5,747 |
| Liabilities. Value of operating payables at end of year | 2020-01-31 | $465 |
| Liabilities. Value of operating payables at beginning of year | 2020-01-31 | $456 |
| Total non interest bearing cash at end of year | 2020-01-31 | $17,337 |
| Total non interest bearing cash at beginning of year | 2020-01-31 | $25,333 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-01-31 | No |
| Value of net income/loss | 2020-01-31 | $5,252 |
| Value of net assets at end of year (total assets less liabilities) | 2020-01-31 | $10,250 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-01-31 | $4,998 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-01-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-01-31 | $3,232,380 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-01-31 | No |
| Contributions received in cash from employer | 2020-01-31 | $3,233,370 |
| Employer contributions (assets) at end of year | 2020-01-31 | $8,216 |
| Employer contributions (assets) at beginning of year | 2020-01-31 | $12,455 |
| Liabilities. Value of benefit claims payable at end of year | 2020-01-31 | $12,107 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-01-31 | $23,037 |
| Did the plan have assets held for investment | 2020-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-01-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-01-31 | Unqualified |
| Accountancy firm name | 2020-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2020-01-31 | 410746749 |
| 2019 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-01-31 | $42,119 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-01-31 | $90,634 |
| Total income from all sources (including contributions) | 2019-01-31 | $3,535,054 |
| Total loss/gain on sale of assets | 2019-01-31 | $0 |
| Total of all expenses incurred | 2019-01-31 | $3,535,315 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-01-31 | $3,529,554 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-01-31 | $3,535,054 |
| Value of total assets at end of year | 2019-01-31 | $47,117 |
| Value of total assets at beginning of year | 2019-01-31 | $95,893 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-01-31 | $5,761 |
| Total interest from all sources | 2019-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-01-31 | No |
| Was this plan covered by a fidelity bond | 2019-01-31 | Yes |
| Value of fidelity bond cover | 2019-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-01-31 | No |
| Contributions received from participants | 2019-01-31 | $48,740 |
| Participant contributions at end of year | 2019-01-31 | $5,783 |
| Participant contributions at beginning of year | 2019-01-31 | $1,426 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-01-31 | $3,546 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-01-31 | $47 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-01-31 | $18,626 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-01-31 | $53,948 |
| Administrative expenses (other) incurred | 2019-01-31 | $5,761 |
| Liabilities. Value of operating payables at end of year | 2019-01-31 | $456 |
| Liabilities. Value of operating payables at beginning of year | 2019-01-31 | $456 |
| Total non interest bearing cash at end of year | 2019-01-31 | $25,333 |
| Total non interest bearing cash at beginning of year | 2019-01-31 | $84,479 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-01-31 | No |
| Value of net income/loss | 2019-01-31 | $-261 |
| Value of net assets at end of year (total assets less liabilities) | 2019-01-31 | $4,998 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-01-31 | $5,259 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-01-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-01-31 | $3,529,554 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-01-31 | No |
| Contributions received in cash from employer | 2019-01-31 | $3,486,314 |
| Employer contributions (assets) at end of year | 2019-01-31 | $12,455 |
| Employer contributions (assets) at beginning of year | 2019-01-31 | $9,941 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-01-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2019-01-31 | $23,037 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-01-31 | $36,230 |
| Did the plan have assets held for investment | 2019-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-01-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-01-31 | Unqualified |
| Accountancy firm name | 2019-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2019-01-31 | 410746749 |
| 2018 : INDEPENDENT INSURANCE AGENTS & BROKERS OF SOUTH CAROLINA, INC. GROUP INSURANCE TRUST 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-01-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-01-31 | $90,634 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-01-31 | $0 |
| Total income from all sources (including contributions) | 2018-01-31 | $2,215,543 |
| Total loss/gain on sale of assets | 2018-01-31 | $0 |
| Total of all expenses incurred | 2018-01-31 | $2,210,284 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-01-31 | $2,205,042 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-01-31 | $2,215,543 |
| Value of total assets at end of year | 2018-01-31 | $95,893 |
| Value of total assets at beginning of year | 2018-01-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-01-31 | $5,242 |
| Total interest from all sources | 2018-01-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-01-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-01-31 | No |
| Administrative expenses professional fees incurred | 2018-01-31 | $5,242 |
| Was this plan covered by a fidelity bond | 2018-01-31 | Yes |
| Value of fidelity bond cover | 2018-01-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-01-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-01-31 | No |
| Contributions received from participants | 2018-01-31 | $12,524 |
| Participant contributions at end of year | 2018-01-31 | $1,426 |
| Participant contributions at beginning of year | 2018-01-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-01-31 | $47 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-01-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-01-31 | $53,948 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-01-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2018-01-31 | $456 |
| Liabilities. Value of operating payables at beginning of year | 2018-01-31 | $0 |
| Total non interest bearing cash at end of year | 2018-01-31 | $84,479 |
| Total non interest bearing cash at beginning of year | 2018-01-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-01-31 | No |
| Value of net income/loss | 2018-01-31 | $5,259 |
| Value of net assets at end of year (total assets less liabilities) | 2018-01-31 | $5,259 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-01-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-01-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-01-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-01-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-01-31 | $2,205,042 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-01-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-01-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-01-31 | No |
| Contributions received in cash from employer | 2018-01-31 | $2,203,019 |
| Employer contributions (assets) at end of year | 2018-01-31 | $9,941 |
| Employer contributions (assets) at beginning of year | 2018-01-31 | $0 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-01-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2018-01-31 | $36,230 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-01-31 | $0 |
| Did the plan have assets held for investment | 2018-01-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-01-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-01-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-01-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-01-31 | Unqualified |
| Accountancy firm name | 2018-01-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2018-01-31 | 410746749 |
