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PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 401k Plan overview

Plan NamePENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN
Plan identification number 002

PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND 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

JACKSON NATIONAL LIFE INSURANCE COMPANY has sponsored the creation of one or more 401k plans.

Company Name:JACKSON NATIONAL LIFE INSURANCE COMPANY
Employer identification number (EIN):381659835
NAIC Classification:524140

Additional information about JACKSON NATIONAL LIFE INSURANCE COMPANY

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 654915

More information about JACKSON NATIONAL LIFE INSURANCE COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-01-01
0022017-01-01NEIL HINEMAN
0022016-01-01NEIL HINEMAN
0022015-01-01NEIL HINEMAN
0022014-01-01NEIL HINEMAN
0022013-01-01CURTIS HOWE CURTIS HOWE2014-10-13
0022012-01-01CURTIS HOWE CURTIS HOWE2013-10-11

Plan Statistics for PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN

401k plan membership statisitcs for PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN

Measure Date Value
2018: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0121
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0123
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0118
Total of all active and inactive participants2017-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-013
Total participants2017-01-0121
Number of participants with account balances2017-01-0121
2016: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0123
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0120
Total of all active and inactive participants2016-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-013
Total participants2016-01-0123
Number of participants with account balances2016-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0125
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0120
Total of all active and inactive participants2015-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-013
Total participants2015-01-0123
Number of participants with account balances2015-01-0123
2014: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0124
Total number of active participants reported on line 7a of the Form 55002014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0121
Total of all active and inactive participants2014-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-013
Total participants2014-01-0125
Number of participants with account balances2014-01-0124
2013: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0129
Number of other retired or separated participants entitled to future benefits2013-01-0122
Total of all active and inactive participants2013-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-0124
Number of participants with account balances2013-01-0124
2012: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0130
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0127
Total of all active and inactive participants2012-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-0129
Number of participants with account balances2012-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN

Measure Date Value
2018 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND 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$8,305
Expenses. Total of all expenses incurred2018-12-31$1,212,387
Benefits paid (including direct rollovers)2018-12-31$1,212,387
Total plan assets at end of year2018-12-31$0
Total plan assets at beginning of year2018-12-31$1,204,082
Value of fidelity bond covering the plan2018-12-31$13,000,000
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$8,305
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-1,204,082
Net plan assets at end of year (total assets less liabilities)2018-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,204,082
Total contributions received or receivable from employer(s)2018-12-31$0
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$0
2017 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$200,946
Expenses. Total of all expenses incurred2017-12-31$44,439
Benefits paid (including direct rollovers)2017-12-31$44,414
Total plan assets at end of year2017-12-31$1,204,082
Total plan assets at beginning of year2017-12-31$1,047,575
Value of fidelity bond covering the plan2017-12-31$13,000,000
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$200,946
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$156,507
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,204,082
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,047,575
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$25
2016 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$74,242
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$1,047,575
Total plan assets at beginning of year2016-12-31$973,333
Value of fidelity bond covering the plan2016-12-31$13,000,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$74,242
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$74,242
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,047,575
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$973,333
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$6,908
Expenses. Total of all expenses incurred2015-12-31$16,394
Benefits paid (including direct rollovers)2015-12-31$16,394
Total plan assets at end of year2015-12-31$973,333
Total plan assets at beginning of year2015-12-31$982,819
Value of fidelity bond covering the plan2015-12-31$53,000,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$6,908
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-9,486
Net plan assets at end of year (total assets less liabilities)2015-12-31$973,333
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$982,819
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$0
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$71,388
Expenses. Total of all expenses incurred2014-12-31$40,607
Benefits paid (including direct rollovers)2014-12-31$40,607
Total plan assets at end of year2014-12-31$982,819
Total plan assets at beginning of year2014-12-31$952,038
Value of fidelity bond covering the plan2014-12-31$13,000,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$71,388
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$30,781
Net plan assets at end of year (total assets less liabilities)2014-12-31$982,819
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$952,038
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
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$196,805
Expenses. Total of all expenses incurred2013-12-31$211,203
Benefits paid (including direct rollovers)2013-12-31$211,178
Total plan assets at end of year2013-12-31$952,038
Total plan assets at beginning of year2013-12-31$966,436
Value of fidelity bond covering the plan2013-12-31$13,000,000
Other income received2013-12-31$196,805
Net income (gross income less expenses)2013-12-31$-14,398
Net plan assets at end of year (total assets less liabilities)2013-12-31$952,038
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$966,436
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$25
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2012 401k financial data
Total income from all sources2012-12-31$118,023
Expenses. Total of all expenses incurred2012-12-31$124,613
Benefits paid (including direct rollovers)2012-12-31$124,613
Total plan assets at end of year2012-12-31$966,436
Total plan assets at beginning of year2012-12-31$973,026
Value of fidelity bond covering the plan2012-12-31$13,000,000
Other income received2012-12-31$118,023
Net income (gross income less expenses)2012-12-31$-6,590
Net plan assets at end of year (total assets less liabilities)2012-12-31$966,436
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$973,026
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0

Form 5500 Responses for PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN

2018: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND 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 filingYes
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
2017: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PENNCORP FINANCIAL GROUP, INC. RETIREMENT AND SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

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