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STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSTANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

STANDARD MANAGEMENT COMPANY, INC. 401(K) 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

STANDARD MANAGEMENT COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:STANDARD MANAGEMENT COMPANY, INC.
Employer identification number (EIN):956088044
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01SONIA CARRILLO
0012017-01-01SONIA CARRILLO
0012016-01-01SONIA CARRILLO
0012015-01-01SONIA CARRILLO
0012014-01-01SONIA CARRILLO
0012013-01-01SONIA CARRILLO
0012012-01-01SONIA CARRILLO SONIA CARRILLO2013-06-13
0012011-01-01SONIA CARRILLO
0012010-01-01SONIA CARRILLO
0012009-01-01SONIA CARRILLO

Plan Statistics for STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01104
Total number of active participants reported on line 7a of the Form 55002022-01-0141
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0131
Total of all active and inactive participants2022-01-0172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0172
Number of participants with account balances2022-01-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-013
2021: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0189
Total number of active participants reported on line 7a of the Form 55002021-01-0182
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0122
Total of all active and inactive participants2021-01-01104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01104
Number of participants with account balances2021-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-016
2020: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0166
Total number of active participants reported on line 7a of the Form 55002020-01-0168
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0121
Total of all active and inactive participants2020-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0189
Number of participants with account balances2020-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0155
Total number of active participants reported on line 7a of the Form 55002019-01-0147
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0119
Total of all active and inactive participants2019-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0166
Number of participants with account balances2019-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0157
Total number of active participants reported on line 7a of the Form 55002018-01-0132
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0123
Total of all active and inactive participants2018-01-0155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0155
Number of participants with account balances2018-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0158
Total number of active participants reported on line 7a of the Form 55002017-01-0134
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0123
Total of all active and inactive participants2017-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0157
Number of participants with account balances2017-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-013
2016: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0158
Total number of active participants reported on line 7a of the Form 55002016-01-0137
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0121
Total of all active and inactive participants2016-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0158
Number of participants with account balances2016-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-015
2015: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0150
Total number of active participants reported on line 7a of the Form 55002015-01-0143
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0115
Total of all active and inactive participants2015-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0158
Number of participants with account balances2015-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0149
Total number of active participants reported on line 7a of the Form 55002014-01-0135
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0115
Total of all active and inactive participants2014-01-0150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0150
Number of participants with account balances2014-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0160
Total number of active participants reported on line 7a of the Form 55002013-01-0137
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0112
Total of all active and inactive participants2013-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0149
Number of participants with account balances2013-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0166
Total number of active participants reported on line 7a of the Form 55002012-01-0147
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0113
Total of all active and inactive participants2012-01-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0160
Number of participants with account balances2012-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0171
Total number of active participants reported on line 7a of the Form 55002011-01-0155
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0111
Total of all active and inactive participants2011-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0166
Number of participants with account balances2011-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2010: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0167
Total number of active participants reported on line 7a of the Form 55002010-01-0159
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0110
Total of all active and inactive participants2010-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-0171
Number of participants with account balances2010-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0160
Total number of active participants reported on line 7a of the Form 55002009-01-0153
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0114
Total of all active and inactive participants2009-01-0167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0167
Number of participants with account balances2009-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-556,069
Expenses. Total of all expenses incurred2022-12-31$28,976
Benefits paid (including direct rollovers)2022-12-31$8,201
Total plan assets at end of year2022-12-31$2,946,998
Total plan assets at beginning of year2022-12-31$3,532,043
Value of fidelity bond covering the plan2022-12-31$500,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$103,254
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-671,878
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-585,045
Net plan assets at end of year (total assets less liabilities)2022-12-31$2,946,998
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$3,532,043
Assets. Value of participant loans2022-12-31$22,529
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$12,555
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$20,250
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$525
2021 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$691,621
Expenses. Total of all expenses incurred2021-12-31$83,904
Benefits paid (including direct rollovers)2021-12-31$79,007
Total plan assets at end of year2021-12-31$3,532,043
Total plan assets at beginning of year2021-12-31$2,924,326
Value of fidelity bond covering the plan2021-12-31$500,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$118,669
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$560,700
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$607,717
Net plan assets at end of year (total assets less liabilities)2021-12-31$3,532,043
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,924,326
Assets. Value of participant loans2021-12-31$31,780
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$12,252
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$4,697
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$200
2020 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$610,683
Expenses. Total of all expenses incurred2020-12-31$31,053
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$2,924,326
Total plan assets at beginning of year2020-12-31$2,344,696
Value of fidelity bond covering the plan2020-12-31$500,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$82,104
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$3,319
Other income received2020-12-31$505,502
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$579,630
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,924,326
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,344,696
Assets. Value of participant loans2020-12-31$51,023
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$19,758
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$30,703
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$350
2019 : STANDARD MANAGEMENT COMPANY, INC. 401(K) 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$609,237
Expenses. Total of all expenses incurred2019-12-31$170,927
Benefits paid (including direct rollovers)2019-12-31$168,927
Total plan assets at end of year2019-12-31$2,344,696
Total plan assets at beginning of year2019-12-31$1,906,386
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$94,080
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$506,851
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$438,310
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,344,696
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,906,386
Assets. Value of participant loans2019-12-31$37,694
Total contributions received or receivable from employer(s)2019-12-31$8,306
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$2,000
2018 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$337,809
Expenses. Total of all expenses incurred2018-12-31$42,195
Benefits paid (including direct rollovers)2018-12-31$16,481
Total plan assets at end of year2018-12-31$1,906,386
Total plan assets at beginning of year2018-12-31$1,610,772
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$69,579
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$377,025
Other income received2018-12-31$-117,034
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$295,614
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,906,386
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,610,772
Assets. Value of participant loans2018-12-31$46,774
Total contributions received or receivable from employer(s)2018-12-31$8,239
Value of certain deemed distributions of participant loans2018-12-31$18,752
Value of corrective distributions2018-12-31$6,962
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$332,074
Expenses. Total of all expenses incurred2017-12-31$101,251
Benefits paid (including direct rollovers)2017-12-31$96,074
Total plan assets at end of year2017-12-31$1,610,772
Total plan assets at beginning of year2017-12-31$1,379,949
Value of fidelity bond covering the plan2017-12-31$500,000
Assets. Value of tangible personal property2017-12-31$0
Total contributions received or receivable from participants2017-12-31$53,412
Assets. Value of loans (other than to participants)2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$273,592
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$230,823
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,610,772
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,379,949
Assets. Value of participant loans2017-12-31$85,818
Assets. Value of assets in partnership/joint-venture interests2017-12-31$0
Assets. Value of real-estate (other than employer real property)2017-12-31$0
Assets. Value of employer securities2017-12-31$0
Assets. Value of employer real property2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$5,070
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$4,827
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$350
2016 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$167,811
Expenses. Total of all expenses incurred2016-12-31$16,459
Benefits paid (including direct rollovers)2016-12-31$7,636
Total plan assets at end of year2016-12-31$1,379,949
Total plan assets at beginning of year2016-12-31$1,228,597
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$75,939
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$84,409
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$151,352
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,379,949
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,228,597
Assets. Value of participant loans2016-12-31$77,787
Total contributions received or receivable from employer(s)2016-12-31$7,463
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$8,448
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$375
2015 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$123,817
Expenses. Total of all expenses incurred2015-12-31$145,757
Benefits paid (including direct rollovers)2015-12-31$145,407
Total plan assets at end of year2015-12-31$1,228,597
Total plan assets at beginning of year2015-12-31$1,250,537
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$92,454
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$23,180
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-21,940
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,228,597
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,250,537
Assets. Value of participant loans2015-12-31$87,493
Total contributions received or receivable from employer(s)2015-12-31$8,183
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$350
2014 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$182,538
Expenses. Total of all expenses incurred2014-12-31$202,851
Benefits paid (including direct rollovers)2014-12-31$191,942
Total plan assets at end of year2014-12-31$1,250,537
Total plan assets at beginning of year2014-12-31$1,270,850
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$75,673
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$99,203
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-20,313
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,250,537
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,270,850
Assets. Value of participant loans2014-12-31$48,074
Total contributions received or receivable from employer(s)2014-12-31$7,662
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$10,706
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$203
2013 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$377,586
Expenses. Total of all expenses incurred2013-12-31$439,190
Benefits paid (including direct rollovers)2013-12-31$426,955
Total plan assets at end of year2013-12-31$1,270,850
Total plan assets at beginning of year2013-12-31$1,332,454
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$90,238
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$278,713
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$-61,604
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,270,850
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,332,454
Assets. Value of participant loans2013-12-31$94,993
Total contributions received or receivable from employer(s)2013-12-31$8,635
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$11,602
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$633
2012 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$265,288
Expenses. Total of all expenses incurred2012-12-31$122,714
Benefits paid (including direct rollovers)2012-12-31$122,414
Total plan assets at end of year2012-12-31$1,332,454
Total plan assets at beginning of year2012-12-31$1,189,880
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$97,524
Other income received2012-12-31$158,211
Net income (gross income less expenses)2012-12-31$142,574
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,332,454
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,189,880
Assets. Value of participant loans2012-12-31$65,976
Total contributions received or receivable from employer(s)2012-12-31$9,553
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$300
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$108,751
Expenses. Total of all expenses incurred2011-12-31$292,476
Benefits paid (including direct rollovers)2011-12-31$291,389
Total plan assets at end of year2011-12-31$1,189,880
Total plan assets at beginning of year2011-12-31$1,373,605
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$93,969
Other income received2011-12-31$4,243
Net income (gross income less expenses)2011-12-31$-183,725
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,189,880
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,373,605
Assets. Value of participant loans2011-12-31$82,301
Total contributions received or receivable from employer(s)2011-12-31$10,539
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$1,087
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$263,106
Expenses. Total of all expenses incurred2010-12-31$213,062
Benefits paid (including direct rollovers)2010-12-31$207,049
Total plan assets at end of year2010-12-31$1,373,605
Total plan assets at beginning of year2010-12-31$1,323,561
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$83,424
Other income received2010-12-31$169,683
Net income (gross income less expenses)2010-12-31$50,044
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,373,605
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,323,561
Assets. Value of participant loans2010-12-31$95,694
Total contributions received or receivable from employer(s)2010-12-31$9,999
Value of corrective distributions2010-12-31$5,063
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$950
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN

2022: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: STANDARD MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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