401k Plan data: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN plan

NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN
Plan identification number	001

NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

NANSEMOND INSURANCE AGENCY, INC. has sponsored the creation of one or more 401k plans.

Company Name: NANSEMOND INSURANCE AGENCY, INC.

Employer identification number (EIN): 541241000

NAIC Classification: 524210
NAIC Description: Insurance Agencies and Brokerages

Additional information about NANSEMOND INSURANCE AGENCY, INC.

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 1983-08-19

Company Identification Number: 0245523

Legal Registered Office Address: 453 W WASHINGTON ST
150 W MAIN ST STE 2100
SUFFOLK
United States of America (USA)
23434

More information about NANSEMOND INSURANCE AGENCY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01 JOSEPH N. WEBB SR 2015-10-02
001 2013-01-01 JOSEPH N. WEBB SR
001 2012-01-01 JOSEPH N. WEBB
001 2011-01-01 JOSEPH N. WEBB
001 2009-01-01 RACHEL KITCHEN

Plan Statistics for NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 13
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 3
Total of all active and inactive participants 2013-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 16
Number of participants with account balances 2013-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 12
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 3
Total of all active and inactive participants 2012-01-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 15
Number of participants with account balances 2012-01-01 14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 11
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 3
Total of all active and inactive participants 2011-01-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 14
Number of participants with account balances 2011-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 10
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 3
Total of all active and inactive participants 2009-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 13
Number of participants with account balances 2009-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2013: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	13
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	3
Total of all active and inactive participants	2013-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	16
Number of participants with account balances	2013-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	12
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	3
Total of all active and inactive participants	2012-01-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	15
Number of participants with account balances	2012-01-01	14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	11
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	3
Total of all active and inactive participants	2011-01-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	14
Number of participants with account balances	2011-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	10
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	3
Total of all active and inactive participants	2009-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	13
Number of participants with account balances	2009-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2013 : NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$358,839
Expenses. Total of all expenses incurred	2013-12-31	$979,914
Benefits paid (including direct rollovers)	2013-12-31	$979,914
Total plan assets at end of year	2013-12-31	$3,860,392
Total plan assets at beginning of year	2013-12-31	$4,481,467
Value of fidelity bond covering the plan	2013-12-31	$600,000
Total contributions received or receivable from participants	2013-12-31	$78,572
Other income received	2013-12-31	$248,053
Net income (gross income less expenses)	2013-12-31	$-621,075
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$3,860,392
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$4,481,467
Assets. Value of participant loans	2013-12-31	$15,844
Total contributions received or receivable from employer(s)	2013-12-31	$32,214
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$176,028
Expenses. Total of all expenses incurred	2012-12-31	$85,397
Benefits paid (including direct rollovers)	2012-12-31	$85,397
Total plan assets at end of year	2012-12-31	$4,481,467
Total plan assets at beginning of year	2012-12-31	$4,390,836
Value of fidelity bond covering the plan	2012-12-31	$500,000
Total contributions received or receivable from participants	2012-12-31	$68,651
Other income received	2012-12-31	$80,763
Net income (gross income less expenses)	2012-12-31	$90,631
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$4,481,467
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$4,390,836
Assets. Value of participant loans	2012-12-31	$13,728
Total contributions received or receivable from employer(s)	2012-12-31	$26,614
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$-207,563
Expenses. Total of all expenses incurred	2011-12-31	$102,653
Benefits paid (including direct rollovers)	2011-12-31	$102,653
Total plan assets at end of year	2011-12-31	$4,390,836
Total plan assets at beginning of year	2011-12-31	$4,701,052
Value of fidelity bond covering the plan	2011-12-31	$500,000
Total contributions received or receivable from participants	2011-12-31	$60,471
Other income received	2011-12-31	$-294,708
Net income (gross income less expenses)	2011-12-31	$-310,216
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$4,390,836
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$4,701,052
Total contributions received or receivable from employer(s)	2011-12-31	$26,674
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$668,494
Expenses. Total of all expenses incurred	2010-12-31	$124,284
Benefits paid (including direct rollovers)	2010-12-31	$124,284
Total plan assets at end of year	2010-12-31	$4,701,052
Total plan assets at beginning of year	2010-12-31	$4,156,842
Value of fidelity bond covering the plan	2010-12-31	$600,000
Total contributions received or receivable from participants	2010-12-31	$53,828
Other income received	2010-12-31	$590,429
Net income (gross income less expenses)	2010-12-31	$544,210
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$4,701,052
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$4,156,842
Total contributions received or receivable from employer(s)	2010-12-31	$24,237
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : NANSEMOND INSURANCE AGENCY 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 securities	2009-12-31	$0

Form 5500 Responses for NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN

2013: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: NANSEMOND INSURANCE AGENCY 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NANSEMOND INSURANCE AGENCY, INC.
Employer identification number (EIN):	541241000
NAIC Classification:	524210
NAIC Description:	Insurance Agencies and Brokerages

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	1983-08-19
Company Identification Number:	0245523
Legal Registered Office Address:	453 W WASHINGTON ST 150 W MAIN ST STE 2100 SUFFOLK United States of America (USA) 23434

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01	JOSEPH N. WEBB SR	2015-10-02
001	2013-01-01	JOSEPH N. WEBB SR
001	2012-01-01	JOSEPH N. WEBB
001	2011-01-01	JOSEPH N. WEBB
001	2009-01-01	RACHEL KITCHEN