401k Plan data: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY plan

PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 401k Plan overview

Plan Name	PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY
Plan identification number	001

PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY Benefits

401k Plan Type

Defined 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.
Stock bonus
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LIBERTY NATIONAL LIFE INSURANCE CO has sponsored the creation of one or more 401k plans.

Company Name: LIBERTY NATIONAL LIFE INSURANCE CO

Employer identification number (EIN): 630124600

NAIC Classification: 524140

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 DARYL MARTIN CORY NEWMAN 2012-09-12
001 2010-01-01 DARYL MARTIN CORY NEWMAN 2011-10-13
001 2009-01-01 DARYL MARTIN CORY NEWMAN 2010-10-11

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	DARYL MARTIN	CORY NEWMAN	2012-09-12
001	2010-01-01	DARYL MARTIN	CORY NEWMAN	2011-10-13
001	2009-01-01	DARYL MARTIN	CORY NEWMAN	2010-10-11

Plan Statistics for PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY

401k plan membership statisitcs for PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY

Measure Date Value
2011: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2011 401k membership
Total participants, beginning-of-year 2011-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 0
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2010 401k membership
Total participants, beginning-of-year 2010-01-01 178
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 112
Number of retired or separated participants receiving benefits 2010-01-01 1
Number of other retired or separated participants entitled to future benefits 2010-01-01 45
Total of all active and inactive participants 2010-01-01 158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 1
Total participants 2010-01-01 159
Number of participants with account balances 2010-01-01 154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2009 401k membership
Total participants, beginning-of-year 2009-01-01 185
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 131
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 48
Total of all active and inactive participants 2009-01-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 2
Total participants 2009-01-01 181
Number of participants with account balances 2009-01-01 176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2011 401k membership
Total participants, beginning-of-year	2011-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	0
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2010 401k membership
Total participants, beginning-of-year	2010-01-01	178
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	112
Number of retired or separated participants receiving benefits	2010-01-01	1
Number of other retired or separated participants entitled to future benefits	2010-01-01	45
Total of all active and inactive participants	2010-01-01	158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	1
Total participants	2010-01-01	159
Number of participants with account balances	2010-01-01	154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2009 401k membership
Total participants, beginning-of-year	2009-01-01	185
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	131
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	48
Total of all active and inactive participants	2009-01-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	2
Total participants	2009-01-01	181
Number of participants with account balances	2009-01-01	176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY

Measure	Date	Value
2011 : PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-11-21	$0
Total unrealized appreciation/depreciation of assets	2011-11-21	$0
Total transfer of assets from this plan	2011-11-21	$16,056,299
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-11-21	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-11-21	$0
Total income from all sources (including contributions)	2011-11-21	$-467,465
Total loss/gain on sale of assets	2011-11-21	$0
Total of all expenses incurred	2011-11-21	$2,493,152
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-11-21	$2,491,153
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-11-21	$0
Value of total assets at end of year	2011-11-21	$0
Value of total assets at beginning of year	2011-11-21	$19,016,916
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-11-21	$1,999
Total interest from all sources	2011-11-21	$7,566
Total dividends received (eg from common stock, registered investment company shares)	2011-11-21	$107,437
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-11-21	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-11-21	$0
Total dividends received from registered investment company shares (eg mutual funds)	2011-11-21	$50,147
Was this plan covered by a fidelity bond	2011-11-21	Yes
Value of fidelity bond cover	2011-11-21	$5,000,000
If this is an individual account plan, was there a blackout period	2011-11-21	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-11-21	$0
Were there any nonexempt tranactions with any party-in-interest	2011-11-21	No
Participant contributions at end of year	2011-11-21	$0
Participant contributions at beginning of year	2011-11-21	$221,600
Other income not declared elsewhere	2011-11-21	$-261,653
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-11-21	No
Value of net income/loss	2011-11-21	$-2,960,617
Value of net assets at end of year (total assets less liabilities)	2011-11-21	$0
Value of net assets at beginning of year (total assets less liabilities)	2011-11-21	$19,016,916
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-11-21	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-11-21	No
Were any leases to which the plan was party in default or uncollectible	2011-11-21	No
Investment advisory and management fees	2011-11-21	$1,999
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-11-21	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-11-21	$4,594,473
Interest on participant loans	2011-11-21	$7,515
Value of interest in common/collective trusts at end of year	2011-11-21	$0
Value of interest in common/collective trusts at beginning of year	2011-11-21	$9,637,381
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-11-21	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-11-21	$4,860
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-11-21	$4,860
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-11-21	$51
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-11-21	$-445,533
Net investment gain or loss from common/collective trusts	2011-11-21	$124,718
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-11-21	No
Was there a failure to transmit to the plan any participant contributions	2011-11-21	No
Has the plan failed to provide any benefit when due under the plan	2011-11-21	No
Income. Dividends from common stock	2011-11-21	$57,290
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-11-21	$2,491,153
Assets. Corporate common stocks other than exployer securities at end of year	2011-11-21	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-11-21	$4,558,602
Did the plan have assets held for investment	2011-11-21	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-11-21	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-11-21	Yes
Aggregate proceeds on sale of assets	2011-11-21	$0
Aggregate carrying amount (costs) on sale of assets	2011-11-21	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-11-21	No
Opinion of an independent qualified public accountant for this plan	2011-11-21	Unqualified
Accountancy firm name	2011-11-21	LANE GORMAN TRUBITT, PLLC
Accountancy firm EIN	2011-11-21	751044330
2010 : PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$1,059,808
Total unrealized appreciation/depreciation of assets	2010-12-31	$1,059,808
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$2,301,951
Total loss/gain on sale of assets	2010-12-31	$151,537
Total of all expenses incurred	2010-12-31	$3,195,886
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$3,194,161
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$19,016,916
Value of total assets at beginning of year	2010-12-31	$19,910,851
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,725
Total interest from all sources	2010-12-31	$16,717
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$75,425
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$12,390
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Participant contributions at end of year	2010-12-31	$221,600
Participant contributions at beginning of year	2010-12-31	$262,868
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$-893,935
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$19,016,916
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$19,910,851
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$1,725
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$4,594,473
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$4,452,855
Interest on participant loans	2010-12-31	$11,764
Value of interest in common/collective trusts at end of year	2010-12-31	$9,637,381
Value of interest in common/collective trusts at beginning of year	2010-12-31	$11,072,100
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$4,860
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$4,953
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$592,766
Net investment gain or loss from common/collective trusts	2010-12-31	$405,698
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Income. Dividends from common stock	2010-12-31	$63,035
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$3,194,161
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$4,558,602
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$4,123,028
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$2,005,950
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$1,854,413
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	LANE GORMAN TRUBITT, PLLC
Accountancy firm EIN	2010-12-31	751044330
2009 : PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY

2011: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	Yes
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: PROFIT SHARING & RETIREMENT PLAN OF LIBERTY NATIONAL LIFE INSURANCE COMPANY 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	LIBERTY NATIONAL LIFE INSURANCE CO
Employer identification number (EIN):	630124600
NAIC Classification:	524140