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JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameJOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN
Plan identification number 002

JOHN R. WOOD, INC. RETIREMENT SAVINGS 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.
  • 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

JOHN R. WOOD INC. has sponsored the creation of one or more 401k plans.

Company Name:JOHN R. WOOD INC.
Employer identification number (EIN):591782528
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01BONNIE WILLIAMS
0022017-01-01BONNIE WILLIAMS2018-06-12
0022016-01-01BONNIE C. WILLIAMS2017-06-30 BONNIE C. WILLIAMS2017-06-30
0022015-01-01BONNIE C. WILLIAMS2016-07-12 JOHN R. WOOD, INC.2016-07-12
0022014-01-01BONNIE WILLIAMS2015-05-15
0022013-01-01BONNIE C. WILLIAMS2014-05-20 JOHN R. WOOD INC.2014-05-20
0022012-01-01BONNIE C. WILLIAMS2013-05-09

Plan Statistics for JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2023: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0180
Total number of active participants reported on line 7a of the Form 55002023-01-0183
Number of retired or separated participants receiving benefits2023-01-012
Number of other retired or separated participants entitled to future benefits2023-01-0113
Total of all active and inactive participants2023-01-0198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-011
Total participants2023-01-0199
Number of participants with account balances2023-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-015
2022: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0174
Total number of active participants reported on line 7a of the Form 55002022-01-0171
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-016
Total of all active and inactive participants2022-01-0179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-0180
Number of participants with account balances2022-01-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-013
2021: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0158
Total number of active participants reported on line 7a of the Form 55002021-01-0164
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-018
Total of all active and inactive participants2021-01-0174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0174
Number of participants with account balances2021-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011
2020: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0158
Total number of active participants reported on line 7a of the Form 55002020-01-0147
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0110
Total of all active and inactive participants2020-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0158
Number of participants with account balances2020-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0153
Total number of active participants reported on line 7a of the Form 55002019-01-0151
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-016
Total of all active and inactive participants2019-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0158
Number of participants with account balances2019-01-0149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0155
Total number of active participants reported on line 7a of the Form 55002018-01-0147
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-0153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0153
Number of participants with account balances2018-01-0145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2023 : JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$1,721,757
Expenses. Total of all expenses incurred2023-12-31$1,562,672
Benefits paid (including direct rollovers)2023-12-31$1,536,472
Total plan assets at end of year2023-12-31$5,815,677
Total plan assets at beginning of year2023-12-31$5,656,592
Value of fidelity bond covering the plan2023-12-31$500,000
Assets. Value of tangible personal property2023-12-31$0
Total contributions received or receivable from participants2023-12-31$461,969
Assets. Value of loans (other than to participants)2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$118,633
Other income received2023-12-31$988,710
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$159,085
Net plan assets at end of year (total assets less liabilities)2023-12-31$5,815,677
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$5,656,592
Assets. Value of participant loans2023-12-31$80,493
Assets. Value of assets in partnership/joint-venture interests2023-12-31$0
Assets. Value of real-estate (other than employer real property)2023-12-31$0
Assets. Value of employer securities2023-12-31$0
Assets. Value of employer real property2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$152,445
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$26,200
2022 : JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-805,652
Expenses. Total of all expenses incurred2022-12-31$588,793
Benefits paid (including direct rollovers)2022-12-31$558,176
Total plan assets at end of year2022-12-31$5,656,592
Total plan assets at beginning of year2022-12-31$7,051,037
Value of fidelity bond covering the plan2022-12-31$500,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$464,003
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$65,369
Other income received2022-12-31$-1,474,418
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-1,394,445
Net plan assets at end of year (total assets less liabilities)2022-12-31$5,656,592
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$7,051,037
Assets. Value of participant loans2022-12-31$18,315
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$139,394
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$30,617
2021 : JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,466,565
Expenses. Total of all expenses incurred2021-12-31$584,479
Benefits paid (including direct rollovers)2021-12-31$555,608
Total plan assets at end of year2021-12-31$7,051,037
Total plan assets at beginning of year2021-12-31$6,168,951
Value of fidelity bond covering the plan2021-12-31$500,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$434,238
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$16,340
Other income received2021-12-31$894,920
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$882,086
Net plan assets at end of year (total assets less liabilities)2021-12-31$7,051,037
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$6,168,951
Assets. Value of participant loans2021-12-31$75,000
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$121,067
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$28,871
2020 : JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$1,670,615
Expenses. Total of all expenses incurred2020-12-31$473,784
Benefits paid (including direct rollovers)2020-12-31$451,064
Total plan assets at end of year2020-12-31$6,168,951
Total plan assets at beginning of year2020-12-31$4,972,120
Value of fidelity bond covering the plan2020-12-31$500,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$310,805
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$156,834
Other income received2020-12-31$1,155,048
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$1,196,831
Net plan assets at end of year (total assets less liabilities)2020-12-31$6,168,951
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$4,972,120
Assets. Value of participant loans2020-12-31$122,802
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$47,928
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$22,720
2019 : JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,513,017
Expenses. Total of all expenses incurred2019-12-31$315,909
Benefits paid (including direct rollovers)2019-12-31$297,372
Total plan assets at end of year2019-12-31$4,972,120
Total plan assets at beginning of year2019-12-31$3,775,012
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$318,401
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$164,035
Other income received2019-12-31$902,599
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$1,197,108
Net plan assets at end of year (total assets less liabilities)2019-12-31$4,972,120
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,775,012
Assets. Value of participant loans2019-12-31$97,965
Total contributions received or receivable from employer(s)2019-12-31$127,982
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$18,537
2018 : JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$188,527
Expenses. Total of all expenses incurred2018-12-31$238,891
Benefits paid (including direct rollovers)2018-12-31$233,890
Total plan assets at end of year2018-12-31$3,775,012
Total plan assets at beginning of year2018-12-31$3,825,376
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$254,648
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$273
Other income received2018-12-31$-159,168
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-50,364
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,775,012
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,825,376
Assets. Value of participant loans2018-12-31$110,975
Total contributions received or receivable from employer(s)2018-12-31$92,774
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$5,001

Form 5500 Responses for JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN

2023: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: JOHN R. WOOD, INC. RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: JOHN R. WOOD, INC. RETIREMENT SAVINGS 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: JOHN R. WOOD, INC. RETIREMENT SAVINGS 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

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