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OKLAHOMA AGENCY 401(K) PLAN 401k Plan overview

Plan NameOKLAHOMA AGENCY 401(K) PLAN
Plan identification number 001

OKLAHOMA AGENCY 401(K) 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

OKLAHOMA AGENCY 067 has sponsored the creation of one or more 401k plans.

Company Name:OKLAHOMA AGENCY 067
Employer identification number (EIN):260801654
NAIC Classification:523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OKLAHOMA AGENCY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MARK BURSON2022-05-18
0012021-01-01MARK BURSON2022-04-28
0012020-01-01MARK BURSON2021-05-27
0012019-01-01MARK BURSON2020-05-26
0012018-01-01MARK BURSON2019-04-29
0012017-01-01MARK BURSON2018-04-27
0012016-01-01MARK BURSON2017-04-20
0012015-01-01MARK BURSON
0012014-01-01MARK BURSON
0012013-01-01MARK BURSON
0012012-01-01MARK BURSON
0012011-01-01MARK BURSON
0012009-01-01MARK BURSON

Plan Statistics for OKLAHOMA AGENCY 401(K) PLAN

401k plan membership statisitcs for OKLAHOMA AGENCY 401(K) PLAN

Measure Date Value
2015: OKLAHOMA AGENCY 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0116
Total number of active participants reported on line 7a of the Form 55002015-01-0114
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0114
Number of participants with account balances2015-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: OKLAHOMA AGENCY 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0115
Total number of active participants reported on line 7a of the Form 55002014-01-0115
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011
Total of all active and inactive participants2014-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0116
Number of participants with account balances2014-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: OKLAHOMA AGENCY 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0114
Total number of active participants reported on line 7a of the Form 55002013-01-0114
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0114
Number of participants with account balances2013-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: OKLAHOMA AGENCY 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0114
Total number of active participants reported on line 7a of the Form 55002012-01-0113
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-011
Total of all active and inactive participants2012-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0114
Number of participants with account balances2012-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: OKLAHOMA AGENCY 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0115
Total number of active participants reported on line 7a of the Form 55002011-01-0113
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0114
Number of participants with account balances2011-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2009: OKLAHOMA AGENCY 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0125
Total number of active participants reported on line 7a of the Form 55002009-01-0122
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 participants2009-01-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0123
Number of participants with account balances2009-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on OKLAHOMA AGENCY 401(K) PLAN

Measure Date Value
2015 : OKLAHOMA AGENCY 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$56,475
Expenses. Total of all expenses incurred2015-12-31$3,244
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$365,685
Total plan assets at beginning of year2015-12-31$312,454
Value of fidelity bond covering the plan2015-12-31$25,000
Total contributions received or receivable from participants2015-12-31$33,292
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$3,614
Net income (gross income less expenses)2015-12-31$53,231
Net plan assets at end of year (total assets less liabilities)2015-12-31$365,685
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$312,454
Total contributions received or receivable from employer(s)2015-12-31$19,569
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$3,244
2014 : OKLAHOMA AGENCY 401(K) PLAN 2014 401k financial data
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$66,509
Expenses. Total of all expenses incurred2014-12-31$38,145
Benefits paid (including direct rollovers)2014-12-31$35,125
Total plan assets at end of year2014-12-31$312,454
Total plan assets at beginning of year2014-12-31$284,090
Value of fidelity bond covering the plan2014-12-31$25,000
Total contributions received or receivable from participants2014-12-31$27,252
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$20,980
Net income (gross income less expenses)2014-12-31$28,364
Net plan assets at end of year (total assets less liabilities)2014-12-31$312,454
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$284,090
Total contributions received or receivable from employer(s)2014-12-31$18,277
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$3,020
2013 : OKLAHOMA AGENCY 401(K) PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$89,663
Expenses. Total of all expenses incurred2013-12-31$10,068
Benefits paid (including direct rollovers)2013-12-31$10,068
Total plan assets at end of year2013-12-31$284,090
Total plan assets at beginning of year2013-12-31$204,495
Value of fidelity bond covering the plan2013-12-31$25,000
Total contributions received or receivable from participants2013-12-31$28,776
Other income received2013-12-31$45,902
Net income (gross income less expenses)2013-12-31$79,595
Net plan assets at end of year (total assets less liabilities)2013-12-31$284,090
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$204,495
Total contributions received or receivable from employer(s)2013-12-31$14,985
2012 : OKLAHOMA AGENCY 401(K) PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$50,664
Expenses. Total of all expenses incurred2012-12-31$7,183
Benefits paid (including direct rollovers)2012-12-31$7,183
Total plan assets at end of year2012-12-31$204,495
Total plan assets at beginning of year2012-12-31$161,014
Value of fidelity bond covering the plan2012-12-31$25,000
Total contributions received or receivable from participants2012-12-31$19,156
Other income received2012-12-31$17,193
Net income (gross income less expenses)2012-12-31$43,481
Net plan assets at end of year (total assets less liabilities)2012-12-31$204,495
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$161,014
Total contributions received or receivable from employer(s)2012-12-31$14,315
2011 : OKLAHOMA AGENCY 401(K) PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$14,208
Expenses. Total of all expenses incurred2011-12-31$38,167
Benefits paid (including direct rollovers)2011-12-31$38,167
Total plan assets at end of year2011-12-31$161,014
Total plan assets at beginning of year2011-12-31$184,973
Value of fidelity bond covering the plan2011-12-31$25,000
Total contributions received or receivable from participants2011-12-31$14,440
Other income received2011-12-31$-3,675
Net income (gross income less expenses)2011-12-31$-23,959
Net plan assets at end of year (total assets less liabilities)2011-12-31$161,014
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$184,973
Total contributions received or receivable from employer(s)2011-12-31$3,443
2010 : OKLAHOMA AGENCY 401(K) PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$53,002
Total plan assets at end of year2010-12-31$184,973
Total plan assets at beginning of year2010-12-31$131,971
Value of fidelity bond covering the plan2010-12-31$25,000
Total contributions received or receivable from participants2010-12-31$20,189
Other income received2010-12-31$18,134
Net income (gross income less expenses)2010-12-31$53,002
Net plan assets at end of year (total assets less liabilities)2010-12-31$184,973
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$131,971
Total contributions received or receivable from employer(s)2010-12-31$14,679

Form 5500 Responses for OKLAHOMA AGENCY 401(K) PLAN

2015: OKLAHOMA AGENCY 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OKLAHOMA AGENCY 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OKLAHOMA AGENCY 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: OKLAHOMA AGENCY 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: OKLAHOMA AGENCY 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: OKLAHOMA AGENCY 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84641-1
Policy instance 1
Insurance contract or identification numberRM 84641-1
Number of Individuals Covered12
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $1,068
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $460
Insurance broker organization code?3
Insurance broker nameMARK BURSON
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84641-1
Policy instance 1
Insurance contract or identification numberRM 84641-1
Number of Individuals Covered16
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $922
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $403
Insurance broker organization code?3
Insurance broker nameMARK BURSON
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84641-1
Policy instance 1
Insurance contract or identification numberRM 84641-1
Number of Individuals Covered14
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $760
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $331
Insurance broker organization code?3
Insurance broker nameMARK BURSON
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84641-1
Policy instance 1
Insurance contract or identification numberRM 84641-1
Number of Individuals Covered14
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $819
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $268
Insurance broker organization code?3
Insurance broker nameMARK BURSON
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84641-1
Policy instance 1
Insurance contract or identification numberRM 84641-1
Number of Individuals Covered9
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $549
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM-84641-1
Policy instance 1
Insurance contract or identification numberRM-84641-1
Number of Individuals Covered12
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $453
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $198
Insurance broker organization code?3
Insurance broker nameWILLIAM B SANDERS

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