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FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K 401k Plan overview

Plan NameFIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K
Plan identification number 001

FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K 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

FIRST CHOICE INSURANCE & FINANC. has sponsored the creation of one or more 401k plans.

Company Name:FIRST CHOICE INSURANCE & FINANC.
Employer identification number (EIN):650958067
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOANNE PALADINO2024-06-17
0012022-01-01JOANNE PALADINO2023-08-08
0012021-01-01JOANNE PALADINO2022-07-22
0012020-01-01BEATRIZ FUENTES2021-06-17
0012019-01-01BEATRIZ FUENTES2020-07-06
0012018-01-01BEATRIZ FUENTES2019-06-17
0012017-01-01BETTY JIMENEZ2018-06-05
0012016-01-01BETTY JIMENEZ2017-06-12
0012015-01-01BETTY JIMENEZ2016-06-13
0012014-01-01BETTY JIMENEZ2015-06-08
0012013-01-01BETTY JIMENEZ2014-06-23
0012012-01-01BETTY JIMENEZ2013-06-04
0012011-01-01BETTY JIMENEZ2012-07-16
0012010-01-01BETTY JIMENEZ2011-06-16
0012009-01-01BEATRIZ I JIMENEZ
0012009-01-01BEATRIZ I JIMENEZ

Plan Statistics for FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K

401k plan membership statisitcs for FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K

Measure Date Value
2009: FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K 2009 401k membership
Total participants, beginning-of-year2009-01-0111
Total number of active participants reported on line 7a of the Form 55002009-01-018
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-019
Number of participants with account balances2009-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K

Measure Date Value
2009 : FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K 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

Form 5500 Responses for FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K

2009: FIRST CHOICE INSURANCE AND FINANCIAL SERVICES, INC 401K 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

Potentially related plans

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