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ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 401k Plan overview

Plan NameASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN
Plan identification number 001

ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

ASSOCIATION OF GRADUATES, USAF ACADEMY has sponsored the creation of one or more 401k plans.

Company Name:ASSOCIATION OF GRADUATES, USAF ACADEMY
Employer identification number (EIN):840580665
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JENNIFER HARWIG2023-07-14
0012021-01-01JENNIFER HARWIG2022-07-28
0012020-01-01JENNIFER HARWIG2021-07-30
0012019-07-01
0012018-07-01
0012017-07-01
0012016-07-01ALTON PARRISH
0012015-07-01ALTON PARRISH
0012014-07-01ALTON PARRISH
0012013-07-01ALTON PARRISH
0012012-07-01ALTON E PARRISH2013-11-12
0012011-07-01ALTON E PARRISH2012-12-13 ALTON E PARRISH2012-12-13

Plan Statistics for ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN

401k plan membership statisitcs for ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN

Measure Date Value
2019: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-0138
Total number of active participants reported on line 7a of the Form 55002019-07-0137
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-011
Total of all active and inactive participants2019-07-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-0138
Number of participants with account balances2019-07-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-07-010
2018: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-0152
Total number of active participants reported on line 7a of the Form 55002018-07-0131
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-0120
Total of all active and inactive participants2018-07-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-010
Total participants2018-07-0151
Number of participants with account balances2018-07-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-07-010
2017: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-0146
Total number of active participants reported on line 7a of the Form 55002017-07-0131
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-0121
Total of all active and inactive participants2017-07-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-0152
Number of participants with account balances2017-07-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-012
2016: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-0145
Total number of active participants reported on line 7a of the Form 55002016-07-0130
Number of retired or separated participants receiving benefits2016-07-010
Number of other retired or separated participants entitled to future benefits2016-07-0116
Total of all active and inactive participants2016-07-0146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-010
Total participants2016-07-0146
Number of participants with account balances2016-07-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-011
2015: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-07-0140
Total number of active participants reported on line 7a of the Form 55002015-07-0130
Number of retired or separated participants receiving benefits2015-07-010
Number of other retired or separated participants entitled to future benefits2015-07-0115
Total of all active and inactive participants2015-07-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-07-010
Total participants2015-07-0145
Number of participants with account balances2015-07-0145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-07-012
2014: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-0144
Total number of active participants reported on line 7a of the Form 55002014-07-0128
Number of retired or separated participants receiving benefits2014-07-010
Number of other retired or separated participants entitled to future benefits2014-07-0112
Total of all active and inactive participants2014-07-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-0140
Number of participants with account balances2014-07-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-013
2013: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-0148
Total number of active participants reported on line 7a of the Form 55002013-07-0131
Number of retired or separated participants receiving benefits2013-07-010
Number of other retired or separated participants entitled to future benefits2013-07-0113
Total of all active and inactive participants2013-07-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-010
Total participants2013-07-0144
Number of participants with account balances2013-07-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-010

Financial Data on ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN

Measure Date Value
2019 : ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$235,850
Expenses. Total of all expenses incurred2019-12-31$177,567
Benefits paid (including direct rollovers)2019-12-31$171,665
Total plan assets at end of year2019-12-31$2,343,525
Total plan assets at beginning of year2019-12-31$2,285,242
Value of fidelity bond covering the plan2019-12-31$0
Total contributions received or receivable from participants2019-12-31$50,071
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$155,819
Net income (gross income less expenses)2019-12-31$58,283
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,343,525
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,285,242
Assets. Value of participant loans2019-12-31$77,879
Total contributions received or receivable from employer(s)2019-12-31$29,960
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$5,902
Transfers to/from the plan2019-06-30$0
Total plan liabilities at end of year2019-06-30$0
Total plan liabilities at beginning of year2019-06-30$0
Total income from all sources2019-06-30$291,361
Expenses. Total of all expenses incurred2019-06-30$152,302
Benefits paid (including direct rollovers)2019-06-30$148,498
Total plan assets at end of year2019-06-30$2,285,242
Total plan assets at beginning of year2019-06-30$2,146,183
Value of fidelity bond covering the plan2019-06-30$350,000
Total contributions received or receivable from participants2019-06-30$108,456
Expenses. Other expenses not covered elsewhere2019-06-30$0
Contributions received from other sources (not participants or employers)2019-06-30$0
Other income received2019-06-30$120,268
Noncash contributions received2019-06-30$0
Net income (gross income less expenses)2019-06-30$139,059
Net plan assets at end of year (total assets less liabilities)2019-06-30$2,285,242
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$2,146,183
Assets. Value of participant loans2019-06-30$32,698
Total contributions received or receivable from employer(s)2019-06-30$62,637
Value of certain deemed distributions of participant loans2019-06-30$0
Value of corrective distributions2019-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-06-30$3,804
2017 : ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan2017-06-30$0
Total plan liabilities at end of year2017-06-30$0
Total plan liabilities at beginning of year2017-06-30$0
Total income from all sources2017-06-30$552,474
Expenses. Total of all expenses incurred2017-06-30$129,636
Benefits paid (including direct rollovers)2017-06-30$129,180
Total plan assets at end of year2017-06-30$2,684,912
Total plan assets at beginning of year2017-06-30$2,262,074
Value of fidelity bond covering the plan2017-06-30$350,000
Total contributions received or receivable from participants2017-06-30$126,582
Expenses. Other expenses not covered elsewhere2017-06-30$0
Contributions received from other sources (not participants or employers)2017-06-30$40,223
Other income received2017-06-30$316,082
Noncash contributions received2017-06-30$0
Net income (gross income less expenses)2017-06-30$422,838
Net plan assets at end of year (total assets less liabilities)2017-06-30$2,684,912
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$2,262,074
Assets. Value of participant loans2017-06-30$56,428
Total contributions received or receivable from employer(s)2017-06-30$69,587
Value of certain deemed distributions of participant loans2017-06-30$0
Value of corrective distributions2017-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$456
2016 : ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-06-30$0
Total plan liabilities at end of year2016-06-30$0
Total plan liabilities at beginning of year2016-06-30$0
Total income from all sources2016-06-30$170,750
Expenses. Total of all expenses incurred2016-06-30$377,979
Benefits paid (including direct rollovers)2016-06-30$377,510
Total plan assets at end of year2016-06-30$2,262,074
Total plan assets at beginning of year2016-06-30$2,469,303
Value of fidelity bond covering the plan2016-06-30$350,000
Total contributions received or receivable from participants2016-06-30$115,091
Expenses. Other expenses not covered elsewhere2016-06-30$0
Contributions received from other sources (not participants or employers)2016-06-30$781
Other income received2016-06-30$-8,211
Noncash contributions received2016-06-30$0
Net income (gross income less expenses)2016-06-30$-207,229
Net plan assets at end of year (total assets less liabilities)2016-06-30$2,262,074
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$2,469,303
Assets. Value of participant loans2016-06-30$81,562
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-06-30$0
Total contributions received or receivable from employer(s)2016-06-30$63,089
Value of certain deemed distributions of participant loans2016-06-30$0
Value of corrective distributions2016-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$469
2015 : ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-06-30$0
Total plan liabilities at end of year2015-06-30$0
Total plan liabilities at beginning of year2015-06-30$0
Total income from all sources2015-06-30$263,075
Expenses. Total of all expenses incurred2015-06-30$222,360
Benefits paid (including direct rollovers)2015-06-30$221,841
Total plan assets at end of year2015-06-30$2,469,303
Total plan assets at beginning of year2015-06-30$2,428,588
Value of fidelity bond covering the plan2015-06-30$200,000
Total contributions received or receivable from participants2015-06-30$129,067
Expenses. Other expenses not covered elsewhere2015-06-30$0
Contributions received from other sources (not participants or employers)2015-06-30$0
Other income received2015-06-30$67,755
Noncash contributions received2015-06-30$0
Net income (gross income less expenses)2015-06-30$40,715
Net plan assets at end of year (total assets less liabilities)2015-06-30$2,469,303
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$2,428,588
Assets. Value of participant loans2015-06-30$96,479
Total contributions received or receivable from employer(s)2015-06-30$66,253
Value of certain deemed distributions of participant loans2015-06-30$0
Value of corrective distributions2015-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-06-30$519
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$0
2014 : ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-06-30$0
Total plan liabilities at end of year2014-06-30$0
Total plan liabilities at beginning of year2014-06-30$0
Total income from all sources2014-06-30$576,726
Expenses. Total of all expenses incurred2014-06-30$364,546
Benefits paid (including direct rollovers)2014-06-30$363,471
Total plan assets at end of year2014-06-30$2,428,588
Total plan assets at beginning of year2014-06-30$2,216,408
Value of fidelity bond covering the plan2014-06-30$200,000
Total contributions received or receivable from participants2014-06-30$124,247
Expenses. Other expenses not covered elsewhere2014-06-30$0
Contributions received from other sources (not participants or employers)2014-06-30$3,837
Other income received2014-06-30$380,111
Noncash contributions received2014-06-30$0
Net income (gross income less expenses)2014-06-30$212,180
Net plan assets at end of year (total assets less liabilities)2014-06-30$2,428,588
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$2,216,408
Assets. Value of participant loans2014-06-30$129,235
Total contributions received or receivable from employer(s)2014-06-30$68,531
Value of certain deemed distributions of participant loans2014-06-30$0
Value of corrective distributions2014-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$1,075
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$0

Form 5500 Responses for ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN

2019: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes
2018: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01Submission has been amendedNo
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planNo
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01Submission has been amendedNo
2015-07-01This submission is the final filingNo
2015-07-01This return/report is a short plan year return/report (less than 12 months)No
2015-07-01Plan is a collectively bargained planNo
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – InsuranceYes
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement – InsuranceYes
2014-07-01Plan benefit arrangement - TrustYes
2013: ASSOCIATION OF GRADUATES, USAF ACADEMY PROFIT SHARING PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – InsuranceYes
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement – InsuranceYes
2013-07-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number939261-01
Policy instance 1
Insurance contract or identification number939261-01
Number of Individuals Covered0
Insurance policy start date2014-07-01
Insurance policy end date2014-10-22
Total amount of commissions paid to insurance brokerUSD $7
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 $3
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameTRACY THORNLOW
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number939261-01
Policy instance 1
Insurance contract or identification number939261-01
Number of Individuals Covered3
Insurance policy start date2013-07-01
Insurance policy end date2014-06-30
Total amount of commissions paid to insurance brokerUSD $3,666
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 $1,246
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameTRACY THORNLOW

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