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ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 401k Plan overview

Plan NameADVANCED INSURANCE STRATEGIES LLC 401K PLAN
Plan identification number 001

ADVANCED INSURANCE STRATEGIES LLC 401K 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.
  • 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

ADVANCED INSURANCE STRATEGIES LLC has sponsored the creation of one or more 401k plans.

Company Name:ADVANCED INSURANCE STRATEGIES LLC
Employer identification number (EIN):450471287
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about ADVANCED INSURANCE STRATEGIES LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 120353

More information about ADVANCED INSURANCE STRATEGIES LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCED INSURANCE STRATEGIES LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01BRIAN PETERS2024-06-20
0012022-01-01BRIAN PETERS2023-08-11
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01DAVID PENNINGTON DAVID PENNINGTON2019-01-11
0012017-01-01DAVID PENNINGTON DAVID PENNINGTON2018-05-09
0012016-01-01DAVID PENNINGTON DAVID PENNINGTON2017-01-27
0012015-01-01DAVID PENNINGTON DAVID PENNINGTON2016-03-08
0012014-01-01DAVID E PENNINGTON III2015-06-29 DAVID E PENNINGTON III2015-06-29
0012013-01-01DAVID E PENNINGTON III2014-07-09 DAVID E PENNINGTON III2014-07-09
0012012-01-01DAVID E PENNINGTON III2013-06-04 DAVID E PENNINGTON III2013-06-04
0012011-01-01DAVID E PENNINGTON III2012-06-19 DAVID E PENNINGTON III2012-06-19
0012010-01-01DAVID E PENNINGTON III2011-07-20 DAVID E PENNINGTON III2011-07-20

Plan Statistics for ADVANCED INSURANCE STRATEGIES LLC 401K PLAN

401k plan membership statisitcs for ADVANCED INSURANCE STRATEGIES LLC 401K PLAN

Measure Date Value
2021: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0110
Total number of active participants reported on line 7a of the Form 55002021-01-016
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-013
Total of all active and inactive participants2021-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-019
Number of participants with account balances2021-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0110
Total number of active participants reported on line 7a of the Form 55002020-01-017
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-013
Total of all active and inactive participants2020-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0110
Number of participants with account balances2020-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0111
Total number of active participants reported on line 7a of the Form 55002019-01-017
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-013
Total of all active and inactive participants2019-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0110
Number of participants with account balances2019-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0115
Total number of active participants reported on line 7a of the Form 55002018-01-017
Number of other retired or separated participants entitled to future benefits2018-01-014
Total of all active and inactive participants2018-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0111
Number of participants with account balances2018-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0110
Total number of active participants reported on line 7a of the Form 55002017-01-0112
Number of other retired or separated participants entitled to future benefits2017-01-013
Total of all active and inactive participants2017-01-0115
Total participants2017-01-0115
Number of participants with account balances2017-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0111
Total number of active participants reported on line 7a of the Form 55002016-01-019
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-0110
Total participants2016-01-0110
Number of participants with account balances2016-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-018
Total number of active participants reported on line 7a of the Form 55002015-01-0111
Total of all active and inactive participants2015-01-0111
Total participants2015-01-0111
Number of participants with account balances2015-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on ADVANCED INSURANCE STRATEGIES LLC 401K PLAN

Measure Date Value
2021 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2021 401k financial data
Total income from all sources2021-12-31$226,272
Expenses. Total of all expenses incurred2021-12-31$16,537
Benefits paid (including direct rollovers)2021-12-31$12,915
Total plan assets at end of year2021-12-31$1,062,136
Total plan assets at beginning of year2021-12-31$852,401
Value of fidelity bond covering the plan2021-12-31$100,000
Total contributions received or receivable from participants2021-12-31$37,006
Expenses. Other expenses not covered elsewhere2021-12-31$3,622
Other income received2021-12-31$169,422
Net income (gross income less expenses)2021-12-31$209,735
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,062,136
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$852,401
Total contributions received or receivable from employer(s)2021-12-31$19,844
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2020 401k financial data
Total income from all sources2020-12-31$146,552
Expenses. Total of all expenses incurred2020-12-31$2,823
Total plan assets at end of year2020-12-31$852,401
Total plan assets at beginning of year2020-12-31$708,672
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$25,571
Expenses. Other expenses not covered elsewhere2020-12-31$2,823
Other income received2020-12-31$102,572
Net income (gross income less expenses)2020-12-31$143,729
Net plan assets at end of year (total assets less liabilities)2020-12-31$852,401
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$708,672
Total contributions received or receivable from employer(s)2020-12-31$18,409
2019 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2019 401k financial data
Total income from all sources2019-12-31$170,310
Expenses. Total of all expenses incurred2019-12-31$5,910
Benefits paid (including direct rollovers)2019-12-31$5,710
Total plan assets at end of year2019-12-31$708,672
Total plan assets at beginning of year2019-12-31$544,272
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$16,760
Expenses. Other expenses not covered elsewhere2019-12-31$200
Other income received2019-12-31$138,336
Net income (gross income less expenses)2019-12-31$164,400
Net plan assets at end of year (total assets less liabilities)2019-12-31$708,672
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$544,272
Total contributions received or receivable from employer(s)2019-12-31$15,214
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2018 401k financial data
Total income from all sources2018-12-31$-20,679
Expenses. Total of all expenses incurred2018-12-31$16,524
Benefits paid (including direct rollovers)2018-12-31$16,364
Total plan assets at end of year2018-12-31$544,272
Total plan assets at beginning of year2018-12-31$581,475
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$18,485
Expenses. Other expenses not covered elsewhere2018-12-31$160
Other income received2018-12-31$-55,376
Net income (gross income less expenses)2018-12-31$-37,203
Net plan assets at end of year (total assets less liabilities)2018-12-31$544,272
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$581,475
Total contributions received or receivable from employer(s)2018-12-31$16,212
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2017 401k financial data
Total income from all sources2017-12-31$143,332
Expenses. Total of all expenses incurred2017-12-31$2,449
Benefits paid (including direct rollovers)2017-12-31$2,424
Total plan assets at end of year2017-12-31$581,475
Total plan assets at beginning of year2017-12-31$440,592
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$23,901
Expenses. Other expenses not covered elsewhere2017-12-31$25
Other income received2017-12-31$98,178
Net income (gross income less expenses)2017-12-31$140,883
Net plan assets at end of year (total assets less liabilities)2017-12-31$581,475
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$440,592
Total contributions received or receivable from employer(s)2017-12-31$21,253
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2016 401k financial data
Total income from all sources2016-12-31$81,149
Expenses. Total of all expenses incurred2016-12-31$99,642
Benefits paid (including direct rollovers)2016-12-31$99,617
Total plan assets at end of year2016-12-31$440,592
Total plan assets at beginning of year2016-12-31$459,085
Value of fidelity bond covering the plan2016-12-31$100,000
Total contributions received or receivable from participants2016-12-31$20,766
Expenses. Other expenses not covered elsewhere2016-12-31$25
Other income received2016-12-31$40,443
Net income (gross income less expenses)2016-12-31$-18,493
Net plan assets at end of year (total assets less liabilities)2016-12-31$440,592
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$459,085
Total contributions received or receivable from employer(s)2016-12-31$19,940
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2015 401k financial data
Total income from all sources2015-12-31$37,308
Expenses. Total of all expenses incurred2015-12-31$22,601
Benefits paid (including direct rollovers)2015-12-31$22,238
Total plan assets at end of year2015-12-31$459,085
Total plan assets at beginning of year2015-12-31$444,378
Value of fidelity bond covering the plan2015-12-31$100,000
Total contributions received or receivable from participants2015-12-31$20,818
Expenses. Other expenses not covered elsewhere2015-12-31$363
Other income received2015-12-31$-3,467
Net income (gross income less expenses)2015-12-31$14,707
Net plan assets at end of year (total assets less liabilities)2015-12-31$459,085
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$444,378
Total contributions received or receivable from employer(s)2015-12-31$19,957
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0

Form 5500 Responses for ADVANCED INSURANCE STRATEGIES LLC 401K PLAN

2021: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ADVANCED INSURANCE STRATEGIES LLC 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ADVANCED INSURANCE STRATEGIES LLC 401K 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: ADVANCED INSURANCE STRATEGIES LLC 401K 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: ADVANCED INSURANCE STRATEGIES LLC 401K 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
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ADVANCED INSURANCE STRATEGIES LLC 401K 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: ADVANCED INSURANCE STRATEGIES LLC 401K 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

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