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GOLDLEAF FINANCIAL 401 (K) PLAN 401k Plan overview

Plan NameGOLDLEAF FINANCIAL 401 (K) PLAN
Plan identification number 002

GOLDLEAF FINANCIAL 401 (K) 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

GOLDLEAF FINANCIAL, LTD. has sponsored the creation of one or more 401k plans.

Company Name:GOLDLEAF FINANCIAL, LTD.
Employer identification number (EIN):411901717
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GOLDLEAF FINANCIAL 401 (K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01RONALD KAIHOI2023-07-14 RONALD KAIHOI2023-07-14
0022021-01-01RONALD KAIHOI2022-07-12 RONALD KAIHOI2022-07-12
0022020-01-01RONALD KAIHOI2021-05-27 RONALD KAIHOI2021-05-27
0022018-01-01RONALD KAIHOI2019-07-09 RONALD KAIHOI2019-07-09
0022017-01-01RONALD KAIHOI2018-07-10 RONALD KAIHOI2018-07-10
0022016-01-01RONALD KAIHOI2017-07-11 RONALD KAIHOI2017-07-11
0022015-01-01JACK ANDERSON2016-07-15 JACK ANDERSON2016-07-15
0022014-01-01JACK ANDERSON2015-07-20 JACK ANDERSON2015-07-20
0022013-01-01JACK ANDERSON2014-07-17
0022012-01-01JACK ANDERSON2013-07-02
0022011-01-01JACK ANDERSON
0022010-01-01JACK ANDERSON

Plan Statistics for GOLDLEAF FINANCIAL 401 (K) PLAN

401k plan membership statisitcs for GOLDLEAF FINANCIAL 401 (K) PLAN

Measure Date Value
2011: GOLDLEAF FINANCIAL 401 (K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0121
Total number of active participants reported on line 7a of the Form 55002011-01-0119
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0124
Number of participants with account balances2011-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: GOLDLEAF FINANCIAL 401 (K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0122
Total number of active participants reported on line 7a of the Form 55002010-01-0117
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0121
Number of participants with account balances2010-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on GOLDLEAF FINANCIAL 401 (K) PLAN

Measure Date Value
2011 : GOLDLEAF FINANCIAL 401 (K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$84,714
Expenses. Total of all expenses incurred2011-12-31$4,434
Total plan assets at end of year2011-12-31$656,366
Total plan assets at beginning of year2011-12-31$576,086
Value of fidelity bond covering the plan2011-12-31$65,600
Total contributions received or receivable from participants2011-12-31$40,832
Other income received2011-12-31$-12,817
Net income (gross income less expenses)2011-12-31$80,280
Net plan assets at end of year (total assets less liabilities)2011-12-31$656,366
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$576,086
Total contributions received or receivable from employer(s)2011-12-31$56,699
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$4,434
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : GOLDLEAF FINANCIAL 401 (K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$172,707
Expenses. Total of all expenses incurred2010-12-31$7,671
Benefits paid (including direct rollovers)2010-12-31$5,348
Total plan assets at end of year2010-12-31$576,086
Total plan assets at beginning of year2010-12-31$411,050
Value of fidelity bond covering the plan2010-12-31$41,105
Total contributions received or receivable from participants2010-12-31$57,764
Contributions received from other sources (not participants or employers)2010-12-31$5,943
Other income received2010-12-31$73,309
Net income (gross income less expenses)2010-12-31$165,036
Net plan assets at end of year (total assets less liabilities)2010-12-31$576,086
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$411,050
Total contributions received or receivable from employer(s)2010-12-31$35,691
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$2,323
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for GOLDLEAF FINANCIAL 401 (K) PLAN

2011: GOLDLEAF FINANCIAL 401 (K) 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: GOLDLEAF FINANCIAL 401 (K) 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 is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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