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INSURANCE MARKETING, INC. MONEY PURCHASE PLAN 401k Plan overview

Plan NameINSURANCE MARKETING, INC. MONEY PURCHASE PLAN
Plan identification number 001

INSURANCE MARKETING, INC. MONEY PURCHASE PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

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

Company Name:INSURANCE MARKETING, INC.
Employer identification number (EIN):481107524
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INSURANCE MARKETING, INC. MONEY PURCHASE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01GARY SMITH2013-04-09
0012011-01-01GARY SMITH2012-03-22
0012010-01-01GARY SMITH
0012009-01-01GARY SMITH

Plan Statistics for INSURANCE MARKETING, INC. MONEY PURCHASE PLAN

401k plan membership statisitcs for INSURANCE MARKETING, INC. MONEY PURCHASE PLAN

Measure Date Value
2010: INSURANCE MARKETING, INC. MONEY PURCHASE PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-013
Total number of active participants reported on line 7a of the Form 55002010-01-013
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-013
Number of participants with account balances2010-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
Number of employers contributing to the scheme2010-01-010
2009: INSURANCE MARKETING, INC. MONEY PURCHASE PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-013
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-013
Number of participants with account balances2009-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
Number of employers contributing to the scheme2009-01-010

Financial Data on INSURANCE MARKETING, INC. MONEY PURCHASE PLAN

Measure Date Value
2010 : INSURANCE MARKETING, INC. MONEY PURCHASE PLAN 2010 401k financial data
Total income from all sources2010-12-31$46,174
Total plan assets at end of year2010-12-31$296,600
Total plan assets at beginning of year2010-12-31$250,426
Other income received2010-12-31$33,394
Net income (gross income less expenses)2010-12-31$46,174
Net plan assets at end of year (total assets less liabilities)2010-12-31$296,600
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$250,426
Total contributions received or receivable from employer(s)2010-12-31$12,780
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$12,780
Amount contributed by the employer to the plan for this plan year2010-12-31$12,780
2009 : INSURANCE MARKETING, INC. MONEY PURCHASE PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$12,740
Amount contributed by the employer to the plan for this plan year2009-12-31$12,740

Form 5500 Responses for INSURANCE MARKETING, INC. MONEY PURCHASE PLAN

2010: INSURANCE MARKETING, INC. MONEY PURCHASE 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
2009: INSURANCE MARKETING, INC. MONEY PURCHASE PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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