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THE INSURANCE EXCHANGE 401(K) PLAN 401k Plan overview

Plan NameTHE INSURANCE EXCHANGE 401(K) PLAN
Plan identification number 001

THE INSURANCE EXCHANGE 401(K) 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
  • 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

DALLAS INSURANCE EXCHANGE II, LL has sponsored the creation of one or more 401k plans.

Company Name:DALLAS INSURANCE EXCHANGE II, LL
Employer identification number (EIN):927527968
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE INSURANCE EXCHANGE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TRACY MORRIS2024-07-23

Financial Data on THE INSURANCE EXCHANGE 401(K) PLAN

Measure Date Value
2025 : THE INSURANCE EXCHANGE 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-1251370
Net assets as of the end of the plan year2025-09-122741368
Total assets as of the beginning of the plan year2025-09-121783913
Value of plan covered by a fidelity bond2025-09-12179000
Participant contributions to plan in this plan year2025-09-12178871
Value of participant loans at end of plan year2025-09-1234856
Other contributions to plan in this plan year2025-09-12478658
Other income to plan in this plan year2025-09-12252970
Plan net income in this plan year2025-09-12957455
Net assets as of the end of the plan year2025-09-122741368
Net assets as of the beginning of the plan year2025-09-121783913
Employer contributions to plan in this plan year2025-09-1298326
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-121260
2024 : THE INSURANCE EXCHANGE 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-2347877
Net assets as of the end of the plan year2024-07-231783913
Total assets as of the beginning of the plan year2024-07-231586491
Value of plan covered by a fidelity bond2024-07-23159000
Participant contributions to plan in this plan year2024-07-2350170
Value of participant loans at end of plan year2024-07-2319002
Other income to plan in this plan year2024-07-23162330
Plan net income in this plan year2024-07-23197422
Net assets as of the end of the plan year2024-07-231783913
Net assets as of the beginning of the plan year2024-07-231586491
Employer contributions to plan in this plan year2024-07-2332799
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-23673

Potentially related plans

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