401k Plan data: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN plan

LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	003

LANIER UPSHAW, INC. 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.
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

LANIER UPSHAW, INC. has sponsored the creation of one or more 401k plans.

Company Name: LANIER UPSHAW, INC.

Employer identification number (EIN): 590770252

NAIC Classification: 524210
NAIC Description: Insurance Agencies and Brokerages

Additional information about LANIER UPSHAW, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 1956-04-03

Company Identification Number: 192108

Legal Registered Office Address: 1115 U S 98 SOUTH

LAKELAND

33801

More information about LANIER UPSHAW, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2017-01-01
003 2016-03-28

Plan Statistics for LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2017: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 88
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 0
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 0
Number of participants with account balances 2017-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-03-28 0
Total number of active participants reported on line 7a of the Form 5500 2016-03-28 66
Number of retired or separated participants receiving benefits 2016-03-28 7
Number of other retired or separated participants entitled to future benefits 2016-03-28 15
Total of all active and inactive participants 2016-03-28 88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-03-28 0
Total participants 2016-03-28 88
Number of participants with account balances 2016-03-28 65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-03-28 0

Measure	Date	Value
2017: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	88
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	0
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	0
Number of participants with account balances	2017-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-03-28	0
Total number of active participants reported on line 7a of the Form 5500	2016-03-28	66
Number of retired or separated participants receiving benefits	2016-03-28	7
Number of other retired or separated participants entitled to future benefits	2016-03-28	15
Total of all active and inactive participants	2016-03-28	88
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-03-28	0
Total participants	2016-03-28	88
Number of participants with account balances	2016-03-28	65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-03-28	0

Financial Data on LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2017 : LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan	2017-02-28	$-4,700,569
Total income from all sources	2017-02-28	$182,806
Expenses. Total of all expenses incurred	2017-02-28	$526
Total plan assets at end of year	2017-02-28	$0
Total plan assets at beginning of year	2017-02-28	$4,518,289
Value of fidelity bond covering the plan	2017-02-28	$750,000
Total contributions received or receivable from participants	2017-02-28	$0
Expenses. Other expenses not covered elsewhere	2017-02-28	$526
Other income received	2017-02-28	$182,806
Net income (gross income less expenses)	2017-02-28	$182,280
Net plan assets at end of year (total assets less liabilities)	2017-02-28	$0
Net plan assets at beginning of year (total assets less liabilities)	2017-02-28	$4,518,289
Total contributions received or receivable from employer(s)	2017-02-28	$0
2016 : LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$4,997,562
Total income from all sources	2016-12-31	$576,210
Expenses. Total of all expenses incurred	2016-12-31	$1,055,483
Benefits paid (including direct rollovers)	2016-12-31	$1,052,582
Total plan assets at end of year	2016-12-31	$4,518,289
Total plan assets at beginning of year	2016-12-31	$0
Value of fidelity bond covering the plan	2016-12-31	$750,000
Total contributions received or receivable from participants	2016-12-31	$222,178
Other income received	2016-12-31	$354,032
Net income (gross income less expenses)	2016-12-31	$-479,273
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$4,518,289
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$0
Assets. Value of participant loans	2016-12-31	$119,943
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$2,901
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN

2017: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	Yes
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: LANIER UPSHAW, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-03-28	Type of plan entity	Single employer plan
2016-03-28	Submission has been amended	No
2016-03-28	This submission is the final filing	No
2016-03-28	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-03-28	Plan is a collectively bargained plan	No
2016-03-28	Plan funding arrangement – Trust	Yes
2016-03-28	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

806720-000

Policy instance

Insurance contract or identification number	806720-000
Number of Individuals Covered	0
Insurance policy start date	2017-01-01
Insurance policy end date	2017-02-28
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $800
Are there contracts with allocated funds for individual policies?	0
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
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
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?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	800
Additional information about fees paid to insurance broker	FEES
Insurance broker organization code?	5
Insurance broker name	FIRST PARTY ADMINISTRATOR, LLC.

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Company Name:	LANIER UPSHAW, INC.
Employer identification number (EIN):	590770252
NAIC Classification:	524210
NAIC Description:	Insurance Agencies and Brokerages

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	1956-04-03
Company Identification Number:	192108
Legal Registered Office Address:	1115 U S 98 SOUTH LAKELAND 33801