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HEFCO, LLC 401(K) PLAN 401k Plan overview

Plan NameHEFCO, LLC 401(K) PLAN
Plan identification number 003

HEFCO, LLC 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
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Life insurance

401k Sponsoring company profile

HEFCO, LLC has sponsored the creation of one or more 401k plans.

Company Name:HEFCO, LLC
Employer identification number (EIN):582150948
NAIC Classification:423800

Additional information about HEFCO, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 923842

More information about HEFCO, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEFCO, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01EDWARD A FINGARSON EDWARD A FINGARSON2018-09-13
0032016-01-01EDWARD A FINGARSON EDWARD A FINGARSON2017-09-12
0032015-01-01EDWARD A FINGARSON EDWARD A FINGARSON2016-09-08
0032014-01-01EDWARD A FINGARSON EDWARD A FINGARSON2015-08-27
0032013-01-01EDWARD A FINGARSON EDWARD A FINGARSON2014-09-26
0032012-01-01WILTON SANDERS
0032011-01-01EDWARD A FINGARSON EDWARD A FINGARSON2012-06-26
0032010-01-01EDWARD A FINGARSON EDWARD A FINGARSON2011-09-14

Plan Statistics for HEFCO, LLC 401(K) PLAN

401k plan membership statisitcs for HEFCO, LLC 401(K) PLAN

Measure Date Value
2017: HEFCO, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-016
Total number of active participants reported on line 7a of the Form 55002017-01-016
Number of retired or separated participants receiving benefits2017-01-011
Total of all active and inactive participants2017-01-017
Total participants2017-01-017
Number of participants with account balances2017-01-017
2016: HEFCO, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-016
Total number of active participants reported on line 7a of the Form 55002016-01-016
Total of all active and inactive participants2016-01-016
Total participants2016-01-016
Number of participants with account balances2016-01-016
2015: HEFCO, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015
Total number of active participants reported on line 7a of the Form 55002015-01-016
Total of all active and inactive participants2015-01-016
Total participants2015-01-016
Number of participants with account balances2015-01-016
2014: HEFCO, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-015
Total number of active participants reported on line 7a of the Form 55002014-01-015
Total of all active and inactive participants2014-01-015
Total participants2014-01-015
Number of participants with account balances2014-01-015
2013: HEFCO, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-016
Total number of active participants reported on line 7a of the Form 55002013-01-015
Total of all active and inactive participants2013-01-015
Total participants2013-01-015
Number of participants with account balances2013-01-015
2012: HEFCO, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-016
Total number of active participants reported on line 7a of the Form 55002012-01-016
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-016
Number of participants with account balances2012-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: HEFCO, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-016
Total number of active participants reported on line 7a of the Form 55002011-01-016
Total of all active and inactive participants2011-01-016
Total participants2011-01-016
Number of participants with account balances2011-01-016
2010: HEFCO, LLC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-010
Total number of active participants reported on line 7a of the Form 55002010-01-016
Total of all active and inactive participants2010-01-016
Total participants2010-01-016

Financial Data on HEFCO, LLC 401(K) PLAN

Measure Date Value
2017 : HEFCO, LLC 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$458,206
Expenses. Total of all expenses incurred2017-12-31$8,718
Total plan assets at end of year2017-12-31$3,452,255
Total plan assets at beginning of year2017-12-31$3,002,767
Value of fidelity bond covering the plan2017-12-31$198,500
Total contributions received or receivable from participants2017-12-31$59,090
Expenses. Other expenses not covered elsewhere2017-12-31$8,718
Other income received2017-12-31$310,707
Net income (gross income less expenses)2017-12-31$449,488
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,452,255
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$3,002,767
Total contributions received or receivable from employer(s)2017-12-31$88,409
2016 : HEFCO, LLC 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$419,732
Expenses. Total of all expenses incurred2016-12-31$6,748
Total plan assets at end of year2016-12-31$3,002,767
Total plan assets at beginning of year2016-12-31$2,589,783
Value of fidelity bond covering the plan2016-12-31$198,500
Total contributions received or receivable from participants2016-12-31$57,103
Expenses. Other expenses not covered elsewhere2016-12-31$6,748
Other income received2016-12-31$275,364
Net income (gross income less expenses)2016-12-31$412,984
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,002,767
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,589,783
Total contributions received or receivable from employer(s)2016-12-31$87,265
2015 : HEFCO, LLC 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$153,027
Expenses. Total of all expenses incurred2015-12-31$99,824
Benefits paid (including direct rollovers)2015-12-31$94,973
Total plan assets at end of year2015-12-31$2,589,783
Total plan assets at beginning of year2015-12-31$2,536,580
Value of fidelity bond covering the plan2015-12-31$198,500
Total contributions received or receivable from participants2015-12-31$59,977
Expenses. Other expenses not covered elsewhere2015-12-31$4,851
Other income received2015-12-31$6,698
Net income (gross income less expenses)2015-12-31$53,203
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,589,783
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,536,580
Total contributions received or receivable from employer(s)2015-12-31$86,352
2014 : HEFCO, LLC 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$295,995
Expenses. Total of all expenses incurred2014-12-31$3,953
Total plan assets at end of year2014-12-31$2,536,580
Total plan assets at beginning of year2014-12-31$2,244,538
Value of fidelity bond covering the plan2014-12-31$198,500
Total contributions received or receivable from participants2014-12-31$60,250
Expenses. Other expenses not covered elsewhere2014-12-31$3,953
Other income received2014-12-31$151,445
Net income (gross income less expenses)2014-12-31$292,042
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,536,580
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,244,538
Total contributions received or receivable from employer(s)2014-12-31$84,300
2013 : HEFCO, LLC 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$322,424
Expenses. Total of all expenses incurred2013-12-31$18,630
Benefits paid (including direct rollovers)2013-12-31$15,707
Total plan assets at end of year2013-12-31$2,244,538
Total plan assets at beginning of year2013-12-31$1,940,744
Value of fidelity bond covering the plan2013-12-31$125,000
Total contributions received or receivable from participants2013-12-31$59,622
Expenses. Other expenses not covered elsewhere2013-12-31$2,923
Other income received2013-12-31$184,673
Net income (gross income less expenses)2013-12-31$303,794
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,244,538
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,940,744
Total contributions received or receivable from employer(s)2013-12-31$78,129
2012 : HEFCO, LLC 401(K) PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$272,003
Expenses. Total of all expenses incurred2012-12-31$1,359
Benefits paid (including direct rollovers)2012-12-31$89,557
Total plan assets at end of year2012-12-31$1,940,744
Total plan assets at beginning of year2012-12-31$1,670,100
Value of fidelity bond covering the plan2012-12-31$125,000
Total contributions received or receivable from participants2012-12-31$49,029
Expenses. Other expenses not covered elsewhere2012-12-31$1,359
Other income received2012-12-31$146,448
Net income (gross income less expenses)2012-12-31$270,644
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,940,744
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,670,100
Total contributions received or receivable from employer(s)2012-12-31$76,526
2011 : HEFCO, LLC 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$218,144
Total plan assets at end of year2011-12-31$1,670,100
Total plan assets at beginning of year2011-12-31$1,451,956
Value of fidelity bond covering the plan2011-12-31$125,000
Total contributions received or receivable from participants2011-12-31$48,341
Other income received2011-12-31$94,179
Net income (gross income less expenses)2011-12-31$218,144
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,670,100
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,451,956
Total contributions received or receivable from employer(s)2011-12-31$75,624
2010 : HEFCO, LLC 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$1,202,590
Total income from all sources2010-12-31$249,366
Total plan assets at end of year2010-12-31$1,451,956
Value of fidelity bond covering the plan2010-12-31$125,000
Total contributions received or receivable from participants2010-12-31$45,911
Other income received2010-12-31$128,941
Net income (gross income less expenses)2010-12-31$249,366
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,451,956
Total contributions received or receivable from employer(s)2010-12-31$74,514

Form 5500 Responses for HEFCO, LLC 401(K) PLAN

2017: HEFCO, LLC 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: HEFCO, LLC 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: HEFCO, LLC 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: HEFCO, LLC 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: HEFCO, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: HEFCO, LLC 401(K) 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 is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: HEFCO, LLC 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: HEFCO, LLC 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01First time form 5500 has been submittedYes
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract number37 833 613
Policy instance 1
Insurance contract or identification number37 833 613
Number of Individuals Covered1
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?1
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
Insurance broker nameJANET B SPECTOR
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberK30562
Policy instance 1
Insurance contract or identification numberK30562
Number of Individuals Covered1
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
Insurance broker nameJANET B SPECTOR
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberK30562
Policy instance 1
Insurance contract or identification numberK30562
Number of Individuals Covered1
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
Insurance broker nameJANET B SPECTOR
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberK30562
Policy instance 1
Insurance contract or identification numberK30562
Number of Individuals Covered1
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
Insurance broker nameJOHN SHEA HICKS
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberK30562
Policy instance 1
Insurance contract or identification numberK30562
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Number of Individuals Covered1
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
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?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision 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
Commission paid to Insurance BrokerUSD $0
Insurance broker organization code?3
Insurance broker nameJOHN SHEA HICKS
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberK30562
Policy instance 1
Insurance contract or identification numberK30562
Number of Individuals Covered1
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberK30562
Policy instance 1
Insurance contract or identification numberK30562
Number of Individuals Covered1
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
Insurance broker nameJOHN SHEA HICKS

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