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THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan NameTHE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN
Plan identification number 001

THE IFP GROUP OF COMPANIES PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

IFP MOTION SOLUTIONS has sponsored the creation of one or more 401k plans.

Company Name:IFP MOTION SOLUTIONS
Employer identification number (EIN):421000175
NAIC Classification:423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-10-01
0012021-10-01
0012020-10-01
0012019-10-01
0012018-10-01
0012017-10-01
0012016-10-01ROBERTA KAAS
0012015-10-01ROBERTA KAAS
0012014-10-01ROBERTA KAAS
0012013-10-01ROBERTA KAAS
0012012-10-01ROBERTA KAAS ROBERTA KAAS2014-06-20
0012011-10-01ROBERTA KAAS
0012009-10-01ROBERTA KAAS

Plan Statistics for THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN

Measure Date Value
2022: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-10-01166
Total number of active participants reported on line 7a of the Form 55002022-10-01148
Number of retired or separated participants receiving benefits2022-10-011
Number of other retired or separated participants entitled to future benefits2022-10-0124
Total of all active and inactive participants2022-10-01173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-10-010
Total participants2022-10-01173
Number of participants with account balances2022-10-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-10-015
2021: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-10-01158
Total number of active participants reported on line 7a of the Form 55002021-10-01144
Number of retired or separated participants receiving benefits2021-10-011
Number of other retired or separated participants entitled to future benefits2021-10-0121
Total of all active and inactive participants2021-10-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-10-010
Total participants2021-10-01166
Number of participants with account balances2021-10-01166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-10-012
2020: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-10-01150
Total number of active participants reported on line 7a of the Form 55002020-10-01135
Number of retired or separated participants receiving benefits2020-10-010
Number of other retired or separated participants entitled to future benefits2020-10-0123
Total of all active and inactive participants2020-10-01158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-010
Total participants2020-10-01158
Number of participants with account balances2020-10-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-018
2019: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-01145
Total number of active participants reported on line 7a of the Form 55002019-10-01126
Number of retired or separated participants receiving benefits2019-10-010
Number of other retired or separated participants entitled to future benefits2019-10-0124
Total of all active and inactive participants2019-10-01150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-010
Total participants2019-10-01150
Number of participants with account balances2019-10-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-015
2018: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-10-01128
Total number of active participants reported on line 7a of the Form 55002018-10-01125
Number of retired or separated participants receiving benefits2018-10-010
Number of other retired or separated participants entitled to future benefits2018-10-0120
Total of all active and inactive participants2018-10-01145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-10-010
Total participants2018-10-01145
Number of participants with account balances2018-10-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-10-012
2017: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-10-01133
Total number of active participants reported on line 7a of the Form 55002017-10-01112
Number of retired or separated participants receiving benefits2017-10-010
Number of other retired or separated participants entitled to future benefits2017-10-0116
Total of all active and inactive participants2017-10-01128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-10-010
Total participants2017-10-01128
Number of participants with account balances2017-10-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-10-014
2016: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-10-01124
Total number of active participants reported on line 7a of the Form 55002016-10-01114
Number of retired or separated participants receiving benefits2016-10-010
Number of other retired or separated participants entitled to future benefits2016-10-0119
Total of all active and inactive participants2016-10-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-10-010
Total participants2016-10-01133
Number of participants with account balances2016-10-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-10-015
2015: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-10-01115
Total number of active participants reported on line 7a of the Form 55002015-10-01116
Number of retired or separated participants receiving benefits2015-10-010
Number of other retired or separated participants entitled to future benefits2015-10-018
Total of all active and inactive participants2015-10-01124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-10-010
Total participants2015-10-01124
Number of participants with account balances2015-10-01123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-10-011
2014: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-10-01106
Total number of active participants reported on line 7a of the Form 55002014-10-01104
Number of retired or separated participants receiving benefits2014-10-010
Number of other retired or separated participants entitled to future benefits2014-10-0111
Total of all active and inactive participants2014-10-01115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-10-010
Total participants2014-10-01115
Number of participants with account balances2014-10-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-10-012
2013: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-10-01112
Total number of active participants reported on line 7a of the Form 55002013-10-0196
Number of retired or separated participants receiving benefits2013-10-010
Number of other retired or separated participants entitled to future benefits2013-10-0110
Total of all active and inactive participants2013-10-01106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-10-010
Total participants2013-10-01106
Number of participants with account balances2013-10-01105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-10-012
2012: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-10-01109
Total number of active participants reported on line 7a of the Form 55002012-10-0198
Number of retired or separated participants receiving benefits2012-10-010
Number of other retired or separated participants entitled to future benefits2012-10-0114
Total of all active and inactive participants2012-10-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-010
Total participants2012-10-01112
Number of participants with account balances2012-10-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-012
2011: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-10-01101
Total number of active participants reported on line 7a of the Form 55002011-10-0189
Number of retired or separated participants receiving benefits2011-10-010
Number of other retired or separated participants entitled to future benefits2011-10-0120
Total of all active and inactive participants2011-10-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-10-010
Total participants2011-10-01109
Number of participants with account balances2011-10-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-10-010
2009: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-0199
Total number of active participants reported on line 7a of the Form 55002009-10-0193
Number of retired or separated participants receiving benefits2009-10-010
Number of other retired or separated participants entitled to future benefits2009-10-0111
Total of all active and inactive participants2009-10-01104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-01104
Number of participants with account balances2009-10-0189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-011

Financial Data on THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN

Measure Date Value
2023 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2023 401k financial data
Unrealized appreciation/depreciation of real estate assets2023-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2023-09-30$120,363
Total unrealized appreciation/depreciation of assets2023-09-30$120,363
Total transfer of assets to this plan2023-09-30$0
Total transfer of assets from this plan2023-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-09-30$0
Expenses. Interest paid2023-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022023-09-30$0
Total income from all sources (including contributions)2023-09-30$6,591,275
Total loss/gain on sale of assets2023-09-30$98,376
Total of all expenses incurred2023-09-30$1,255,115
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-09-30$1,183,098
Expenses. Certain deemed distributions of participant loans2023-09-30$0
Value of total corrective distributions2023-09-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-09-30$3,309,130
Value of total assets at end of year2023-09-30$28,754,730
Value of total assets at beginning of year2023-09-30$23,418,570
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-09-30$72,017
Total income from rents2023-09-30$0
Total interest from all sources2023-09-30$40,322
Total dividends received (eg from common stock, registered investment company shares)2023-09-30$723,355
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2023-09-30$711,497
Assets. Real estate other than employer real property at end of year2023-09-30$0
Assets. Real estate other than employer real property at beginning of year2023-09-30$0
Administrative expenses professional fees incurred2023-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2023-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2023-09-30$14
Was this plan covered by a fidelity bond2023-09-30Yes
Value of fidelity bond cover2023-09-30$1,000,000
If this is an individual account plan, was there a blackout period2023-09-30No
Were there any nonexempt tranactions with any party-in-interest2023-09-30No
Contributions received from participants2023-09-30$1,570,258
Participant contributions at end of year2023-09-30$0
Participant contributions at beginning of year2023-09-30$0
Participant contributions at end of year2023-09-30$0
Participant contributions at beginning of year2023-09-30$0
Assets. Other investments not covered elsewhere at end of year2023-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2023-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2023-09-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-09-30$0
Assets. Loans (other than to participants) at end of year2023-09-30$0
Assets. Loans (other than to participants) at beginning of year2023-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-09-30$0
Other income not declared elsewhere2023-09-30$0
Administrative expenses (other) incurred2023-09-30$72,017
Liabilities. Value of operating payables at end of year2023-09-30$0
Liabilities. Value of operating payables at beginning of year2023-09-30$0
Total non interest bearing cash at end of year2023-09-30$1,578
Total non interest bearing cash at beginning of year2023-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-09-30No
Income. Non cash contributions2023-09-30$0
Value of net income/loss2023-09-30$5,336,160
Value of net assets at end of year (total assets less liabilities)2023-09-30$28,754,730
Value of net assets at beginning of year (total assets less liabilities)2023-09-30$23,418,570
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2023-09-30No
Were any leases to which the plan was party in default or uncollectible2023-09-30No
Assets. partnership/joint venture interests at end of year2023-09-30$0
Assets. partnership/joint venture interests at beginning of year2023-09-30$0
Investment advisory and management fees2023-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-09-30$25,419,978
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-09-30$21,419,404
Value of interest in pooled separate accounts at end of year2023-09-30$0
Value of interest in pooled separate accounts at beginning of year2023-09-30$0
Interest on participant loans2023-09-30$0
Income. Interest from loans (other than to participants)2023-09-30$0
Interest earned on other investments2023-09-30$0
Income. Interest from US Government securities2023-09-30$0
Income. Interest from corporate debt instruments2023-09-30$0
Value of interest in master investment trust accounts at end of year2023-09-30$0
Value of interest in master investment trust accounts at beginning of year2023-09-30$0
Value of interest in common/collective trusts at end of year2023-09-30$851,537
Value of interest in common/collective trusts at beginning of year2023-09-30$386,634
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-09-30$1,404,770
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-09-30$296,862
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-09-30$296,862
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-09-30$40,322
Assets. Value of investments in 103.12 investment entities at end of year2023-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2023-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2023-09-30$0
Asset value of US Government securities at end of year2023-09-30$0
Asset value of US Government securities at beginning of year2023-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-09-30$2,276,831
Net investment gain/loss from pooled separate accounts2023-09-30$0
Net investment gain or loss from common/collective trusts2023-09-30$22,898
Net gain/loss from 103.12 investment entities2023-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-09-30No
Was there a failure to transmit to the plan any participant contributions2023-09-30No
Has the plan failed to provide any benefit when due under the plan2023-09-30No
Assets. Invements in employer securities at end of year2023-09-30$0
Assets. Invements in employer securities at beginning of year2023-09-30$0
Assets. Value of employer real property at end of year2023-09-30$0
Assets. Value of employer real property at beginning of year2023-09-30$0
Contributions received in cash from employer2023-09-30$1,738,872
Employer contributions (assets) at end of year2023-09-30$0
Employer contributions (assets) at beginning of year2023-09-30$0
Income. Dividends from preferred stock2023-09-30$0
Income. Dividends from common stock2023-09-30$11,858
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-09-30$1,183,098
Asset. Corporate debt instrument preferred debt at end of year2023-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2023-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2023-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2023-09-30$0
Contract administrator fees2023-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2023-09-30$1,076,867
Assets. Corporate common stocks other than exployer securities at beginning of year2023-09-30$1,315,656
Liabilities. Value of benefit claims payable at end of year2023-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2023-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2023-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2023-09-30$0
Did the plan have assets held for investment2023-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-09-30No
Aggregate proceeds on sale of assets2023-09-30$592,639
Aggregate carrying amount (costs) on sale of assets2023-09-30$494,263
Liabilities. Value of acquisition indebtedness at end of year2023-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2023-09-30$0
Opinion of an independent qualified public accountant for this plan2023-09-30Unqualified
Accountancy firm name2023-09-30BERGANKDV, LTD.
Accountancy firm EIN2023-09-30411431613
2022 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets2022-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2022-09-30$-563,781
Total unrealized appreciation/depreciation of assets2022-09-30$-563,781
Total transfer of assets to this plan2022-09-30$0
Total transfer of assets from this plan2022-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Expenses. Interest paid2022-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022022-09-30$0
Total income from all sources (including contributions)2022-09-30$-3,477,129
Total loss/gain on sale of assets2022-09-30$33,455
Total of all expenses incurred2022-09-30$1,022,847
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-09-30$941,941
Expenses. Certain deemed distributions of participant loans2022-09-30$0
Value of total corrective distributions2022-09-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-09-30$2,874,952
Value of total assets at end of year2022-09-30$23,418,570
Value of total assets at beginning of year2022-09-30$27,918,546
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-09-30$80,906
Total income from rents2022-09-30$0
Total interest from all sources2022-09-30$1,548
Total dividends received (eg from common stock, registered investment company shares)2022-09-30$1,002,847
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2022-09-30$986,057
Assets. Real estate other than employer real property at end of year2022-09-30$0
Assets. Real estate other than employer real property at beginning of year2022-09-30$0
Administrative expenses professional fees incurred2022-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-09-30$14
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-09-30$0
Was this plan covered by a fidelity bond2022-09-30Yes
Value of fidelity bond cover2022-09-30$1,000,000
If this is an individual account plan, was there a blackout period2022-09-30No
Were there any nonexempt tranactions with any party-in-interest2022-09-30No
Contributions received from participants2022-09-30$1,294,338
Participant contributions at end of year2022-09-30$0
Participant contributions at beginning of year2022-09-30$0
Participant contributions at end of year2022-09-30$0
Participant contributions at beginning of year2022-09-30$0
Assets. Other investments not covered elsewhere at end of year2022-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2022-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2022-09-30$83,398
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-09-30$0
Assets. Loans (other than to participants) at end of year2022-09-30$0
Assets. Loans (other than to participants) at beginning of year2022-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-09-30$0
Other income not declared elsewhere2022-09-30$0
Administrative expenses (other) incurred2022-09-30$80,906
Liabilities. Value of operating payables at end of year2022-09-30$0
Liabilities. Value of operating payables at beginning of year2022-09-30$0
Total non interest bearing cash at end of year2022-09-30$0
Total non interest bearing cash at beginning of year2022-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Income. Non cash contributions2022-09-30$0
Value of net income/loss2022-09-30$-4,499,976
Value of net assets at end of year (total assets less liabilities)2022-09-30$23,418,570
Value of net assets at beginning of year (total assets less liabilities)2022-09-30$27,918,546
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-09-30No
Were any leases to which the plan was party in default or uncollectible2022-09-30No
Assets. partnership/joint venture interests at end of year2022-09-30$0
Assets. partnership/joint venture interests at beginning of year2022-09-30$0
Investment advisory and management fees2022-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-09-30$21,419,404
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-09-30$25,572,942
Value of interest in pooled separate accounts at end of year2022-09-30$0
Value of interest in pooled separate accounts at beginning of year2022-09-30$0
Interest on participant loans2022-09-30$0
Income. Interest from loans (other than to participants)2022-09-30$0
Interest earned on other investments2022-09-30$0
Income. Interest from US Government securities2022-09-30$0
Income. Interest from corporate debt instruments2022-09-30$0
Value of interest in master investment trust accounts at end of year2022-09-30$0
Value of interest in master investment trust accounts at beginning of year2022-09-30$0
Value of interest in common/collective trusts at end of year2022-09-30$386,634
Value of interest in common/collective trusts at beginning of year2022-09-30$451,152
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-09-30$296,862
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-09-30$154,783
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-09-30$154,783
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-09-30$1,548
Assets. Value of investments in 103.12 investment entities at end of year2022-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2022-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2022-09-30$0
Asset value of US Government securities at end of year2022-09-30$0
Asset value of US Government securities at beginning of year2022-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-09-30$-6,834,368
Net investment gain/loss from pooled separate accounts2022-09-30$0
Net investment gain or loss from common/collective trusts2022-09-30$8,218
Net gain/loss from 103.12 investment entities2022-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-09-30No
Was there a failure to transmit to the plan any participant contributions2022-09-30No
Has the plan failed to provide any benefit when due under the plan2022-09-30No
Assets. Invements in employer securities at end of year2022-09-30$0
Assets. Invements in employer securities at beginning of year2022-09-30$0
Assets. Value of employer real property at end of year2022-09-30$0
Assets. Value of employer real property at beginning of year2022-09-30$0
Contributions received in cash from employer2022-09-30$1,497,216
Employer contributions (assets) at end of year2022-09-30$0
Employer contributions (assets) at beginning of year2022-09-30$0
Income. Dividends from preferred stock2022-09-30$0
Income. Dividends from common stock2022-09-30$16,790
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-09-30$941,941
Asset. Corporate debt instrument preferred debt at end of year2022-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2022-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2022-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2022-09-30$0
Contract administrator fees2022-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2022-09-30$1,315,656
Assets. Corporate common stocks other than exployer securities at beginning of year2022-09-30$1,739,669
Liabilities. Value of benefit claims payable at end of year2022-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2022-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2022-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2022-09-30$0
Did the plan have assets held for investment2022-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-09-30No
Aggregate proceeds on sale of assets2022-09-30$534,102
Aggregate carrying amount (costs) on sale of assets2022-09-30$500,647
Liabilities. Value of acquisition indebtedness at end of year2022-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2022-09-30$0
Opinion of an independent qualified public accountant for this plan2022-09-30Unqualified
Accountancy firm name2022-09-30BERGANKDV, LTD.
Accountancy firm EIN2022-09-30411431613
2021 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2021 401k financial data
Unrealized appreciation/depreciation of real estate assets2021-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2021-09-30$285,314
Total unrealized appreciation/depreciation of assets2021-09-30$285,314
Total transfer of assets to this plan2021-09-30$0
Total transfer of assets from this plan2021-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Expenses. Interest paid2021-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-09-30$0
Total income from all sources (including contributions)2021-09-30$6,321,813
Total loss/gain on sale of assets2021-09-30$54,670
Total of all expenses incurred2021-09-30$1,153,224
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-09-30$1,071,936
Expenses. Certain deemed distributions of participant loans2021-09-30$0
Value of total corrective distributions2021-09-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-09-30$1,749,848
Value of total assets at end of year2021-09-30$27,918,546
Value of total assets at beginning of year2021-09-30$22,749,957
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-09-30$81,288
Total income from rents2021-09-30$0
Total interest from all sources2021-09-30$19
Total dividends received (eg from common stock, registered investment company shares)2021-09-30$742,794
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2021-09-30$727,140
Assets. Real estate other than employer real property at end of year2021-09-30$0
Assets. Real estate other than employer real property at beginning of year2021-09-30$0
Administrative expenses professional fees incurred2021-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2021-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2021-09-30$0
Was this plan covered by a fidelity bond2021-09-30Yes
Value of fidelity bond cover2021-09-30$1,000,000
If this is an individual account plan, was there a blackout period2021-09-30No
Were there any nonexempt tranactions with any party-in-interest2021-09-30No
Contributions received from participants2021-09-30$1,062,039
Participant contributions at end of year2021-09-30$0
Participant contributions at beginning of year2021-09-30$0
Participant contributions at end of year2021-09-30$0
Participant contributions at beginning of year2021-09-30$0
Assets. Other investments not covered elsewhere at end of year2021-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2021-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2021-09-30$5,866
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-09-30$0
Assets. Loans (other than to participants) at end of year2021-09-30$0
Assets. Loans (other than to participants) at beginning of year2021-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-09-30$0
Other income not declared elsewhere2021-09-30$0
Administrative expenses (other) incurred2021-09-30$81,288
Liabilities. Value of operating payables at end of year2021-09-30$0
Liabilities. Value of operating payables at beginning of year2021-09-30$0
Total non interest bearing cash at end of year2021-09-30$0
Total non interest bearing cash at beginning of year2021-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Income. Non cash contributions2021-09-30$0
Value of net income/loss2021-09-30$5,168,589
Value of net assets at end of year (total assets less liabilities)2021-09-30$27,918,546
Value of net assets at beginning of year (total assets less liabilities)2021-09-30$22,749,957
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-09-30No
Were any leases to which the plan was party in default or uncollectible2021-09-30No
Assets. partnership/joint venture interests at end of year2021-09-30$0
Assets. partnership/joint venture interests at beginning of year2021-09-30$0
Investment advisory and management fees2021-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-09-30$25,572,942
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-09-30$21,156,845
Value of interest in pooled separate accounts at end of year2021-09-30$0
Value of interest in pooled separate accounts at beginning of year2021-09-30$0
Interest on participant loans2021-09-30$0
Income. Interest from loans (other than to participants)2021-09-30$0
Interest earned on other investments2021-09-30$0
Income. Interest from US Government securities2021-09-30$0
Income. Interest from corporate debt instruments2021-09-30$0
Value of interest in master investment trust accounts at end of year2021-09-30$0
Value of interest in master investment trust accounts at beginning of year2021-09-30$0
Value of interest in common/collective trusts at end of year2021-09-30$451,152
Value of interest in common/collective trusts at beginning of year2021-09-30$261,202
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-09-30$154,783
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-09-30$99,260
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-09-30$99,260
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-09-30$19
Assets. Value of investments in 103.12 investment entities at end of year2021-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2021-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2021-09-30$0
Asset value of US Government securities at end of year2021-09-30$0
Asset value of US Government securities at beginning of year2021-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-09-30$3,481,875
Net investment gain/loss from pooled separate accounts2021-09-30$0
Net investment gain or loss from common/collective trusts2021-09-30$7,293
Net gain/loss from 103.12 investment entities2021-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-09-30No
Was there a failure to transmit to the plan any participant contributions2021-09-30No
Has the plan failed to provide any benefit when due under the plan2021-09-30No
Assets. Invements in employer securities at end of year2021-09-30$0
Assets. Invements in employer securities at beginning of year2021-09-30$0
Assets. Value of employer real property at end of year2021-09-30$0
Assets. Value of employer real property at beginning of year2021-09-30$0
Contributions received in cash from employer2021-09-30$681,943
Employer contributions (assets) at end of year2021-09-30$0
Employer contributions (assets) at beginning of year2021-09-30$0
Income. Dividends from preferred stock2021-09-30$0
Income. Dividends from common stock2021-09-30$15,654
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-09-30$1,071,936
Asset. Corporate debt instrument preferred debt at end of year2021-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2021-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2021-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2021-09-30$0
Contract administrator fees2021-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2021-09-30$1,739,669
Assets. Corporate common stocks other than exployer securities at beginning of year2021-09-30$1,232,650
Liabilities. Value of benefit claims payable at end of year2021-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2021-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2021-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2021-09-30$0
Did the plan have assets held for investment2021-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-09-30No
Aggregate proceeds on sale of assets2021-09-30$763,707
Aggregate carrying amount (costs) on sale of assets2021-09-30$709,037
Liabilities. Value of acquisition indebtedness at end of year2021-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2021-09-30$0
Opinion of an independent qualified public accountant for this plan2021-09-30Disclaimer
Accountancy firm name2021-09-30BERGANKDV, LTD.
Accountancy firm EIN2021-09-30411431613
2020 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-09-30$209,780
Total unrealized appreciation/depreciation of assets2020-09-30$209,780
Total transfer of assets to this plan2020-09-30$0
Total transfer of assets from this plan2020-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Expenses. Interest paid2020-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-09-30$0
Total income from all sources (including contributions)2020-09-30$4,311,938
Total loss/gain on sale of assets2020-09-30$87,638
Total of all expenses incurred2020-09-30$1,487,380
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-09-30$1,414,792
Expenses. Certain deemed distributions of participant loans2020-09-30$0
Value of total corrective distributions2020-09-30$2,522
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-09-30$2,183,018
Value of total assets at end of year2020-09-30$22,749,957
Value of total assets at beginning of year2020-09-30$19,925,399
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-09-30$70,066
Total income from rents2020-09-30$0
Total interest from all sources2020-09-30$447
Total dividends received (eg from common stock, registered investment company shares)2020-09-30$331,311
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2020-09-30$319,740
Assets. Real estate other than employer real property at end of year2020-09-30$0
Assets. Real estate other than employer real property at beginning of year2020-09-30$0
Administrative expenses professional fees incurred2020-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2020-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2020-09-30$0
Was this plan covered by a fidelity bond2020-09-30Yes
Value of fidelity bond cover2020-09-30$1,000,000
If this is an individual account plan, was there a blackout period2020-09-30No
Were there any nonexempt tranactions with any party-in-interest2020-09-30No
Contributions received from participants2020-09-30$895,193
Participant contributions at end of year2020-09-30$0
Participant contributions at beginning of year2020-09-30$0
Participant contributions at end of year2020-09-30$0
Participant contributions at beginning of year2020-09-30$0
Assets. Other investments not covered elsewhere at end of year2020-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2020-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2020-09-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-09-30$0
Assets. Loans (other than to participants) at end of year2020-09-30$0
Assets. Loans (other than to participants) at beginning of year2020-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-09-30$0
Other income not declared elsewhere2020-09-30$0
Administrative expenses (other) incurred2020-09-30$70,066
Liabilities. Value of operating payables at end of year2020-09-30$0
Liabilities. Value of operating payables at beginning of year2020-09-30$0
Total non interest bearing cash at end of year2020-09-30$0
Total non interest bearing cash at beginning of year2020-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Income. Non cash contributions2020-09-30$0
Value of net income/loss2020-09-30$2,824,558
Value of net assets at end of year (total assets less liabilities)2020-09-30$22,749,957
Value of net assets at beginning of year (total assets less liabilities)2020-09-30$19,925,399
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-09-30No
Were any leases to which the plan was party in default or uncollectible2020-09-30No
Assets. partnership/joint venture interests at end of year2020-09-30$0
Assets. partnership/joint venture interests at beginning of year2020-09-30$0
Investment advisory and management fees2020-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-09-30$21,156,845
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-09-30$7,852,044
Value of interest in pooled separate accounts at end of year2020-09-30$0
Value of interest in pooled separate accounts at beginning of year2020-09-30$0
Interest on participant loans2020-09-30$0
Income. Interest from loans (other than to participants)2020-09-30$0
Interest earned on other investments2020-09-30$0
Income. Interest from US Government securities2020-09-30$0
Income. Interest from corporate debt instruments2020-09-30$0
Value of interest in master investment trust accounts at end of year2020-09-30$0
Value of interest in master investment trust accounts at beginning of year2020-09-30$0
Value of interest in common/collective trusts at end of year2020-09-30$261,202
Value of interest in common/collective trusts at beginning of year2020-09-30$11,370,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-09-30$99,260
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-09-30$32,289
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-09-30$32,289
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-09-30$447
Assets. Value of investments in 103.12 investment entities at end of year2020-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2020-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-09-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2020-09-30$0
Asset value of US Government securities at end of year2020-09-30$0
Asset value of US Government securities at beginning of year2020-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-09-30$2,487,370
Net investment gain/loss from pooled separate accounts2020-09-30$0
Net investment gain or loss from common/collective trusts2020-09-30$-987,626
Net gain/loss from 103.12 investment entities2020-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-09-30No
Was there a failure to transmit to the plan any participant contributions2020-09-30No
Has the plan failed to provide any benefit when due under the plan2020-09-30No
Assets. Invements in employer securities at end of year2020-09-30$0
Assets. Invements in employer securities at beginning of year2020-09-30$0
Assets. Value of employer real property at end of year2020-09-30$0
Assets. Value of employer real property at beginning of year2020-09-30$0
Contributions received in cash from employer2020-09-30$1,287,825
Employer contributions (assets) at end of year2020-09-30$0
Employer contributions (assets) at beginning of year2020-09-30$0
Income. Dividends from preferred stock2020-09-30$0
Income. Dividends from common stock2020-09-30$11,571
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-09-30$1,414,792
Asset. Corporate debt instrument preferred debt at end of year2020-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2020-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2020-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2020-09-30$0
Contract administrator fees2020-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2020-09-30$1,232,650
Assets. Corporate common stocks other than exployer securities at beginning of year2020-09-30$670,538
Liabilities. Value of benefit claims payable at end of year2020-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2020-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2020-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2020-09-30$0
Did the plan have assets held for investment2020-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-09-30No
Aggregate proceeds on sale of assets2020-09-30$885,727
Aggregate carrying amount (costs) on sale of assets2020-09-30$798,089
Liabilities. Value of acquisition indebtedness at end of year2020-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-09-30Yes
Opinion of an independent qualified public accountant for this plan2020-09-30Disclaimer
Accountancy firm name2020-09-30BERGANKDV, LTD.
Accountancy firm EIN2020-09-30411431613
2019 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-09-30$-47,653
Total unrealized appreciation/depreciation of assets2019-09-30$-47,653
Total transfer of assets to this plan2019-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-09-30$28
Expenses. Interest paid2019-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-09-30$0
Total income from all sources (including contributions)2019-09-30$2,999,530
Total loss/gain on sale of assets2019-09-30$6,650
Total of all expenses incurred2019-09-30$2,205,297
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-09-30$2,124,094
Expenses. Certain deemed distributions of participant loans2019-09-30$0
Value of total corrective distributions2019-09-30$14,691
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-09-30$2,392,037
Value of total assets at end of year2019-09-30$19,925,399
Value of total assets at beginning of year2019-09-30$19,131,194
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-09-30$66,512
Total income from rents2019-09-30$0
Total interest from all sources2019-09-30$1,245
Total dividends received (eg from common stock, registered investment company shares)2019-09-30$325,105
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2019-09-30$313,684
Assets. Real estate other than employer real property at end of year2019-09-30$0
Assets. Real estate other than employer real property at beginning of year2019-09-30$0
Administrative expenses professional fees incurred2019-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2019-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2019-09-30$0
Was this plan covered by a fidelity bond2019-09-30Yes
Value of fidelity bond cover2019-09-30$1,000,000
If this is an individual account plan, was there a blackout period2019-09-30No
Were there any nonexempt tranactions with any party-in-interest2019-09-30No
Contributions received from participants2019-09-30$894,641
Participant contributions at end of year2019-09-30$0
Participant contributions at beginning of year2019-09-30$0
Participant contributions at end of year2019-09-30$0
Participant contributions at beginning of year2019-09-30$0
Assets. Other investments not covered elsewhere at end of year2019-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2019-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2019-09-30$8,127
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-09-30$0
Assets. Loans (other than to participants) at end of year2019-09-30$0
Assets. Loans (other than to participants) at beginning of year2019-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-09-30$28
Other income not declared elsewhere2019-09-30$0
Administrative expenses (other) incurred2019-09-30$66,512
Liabilities. Value of operating payables at end of year2019-09-30$0
Liabilities. Value of operating payables at beginning of year2019-09-30$0
Total non interest bearing cash at end of year2019-09-30$0
Total non interest bearing cash at beginning of year2019-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Income. Non cash contributions2019-09-30$0
Value of net income/loss2019-09-30$794,233
Value of net assets at end of year (total assets less liabilities)2019-09-30$19,925,399
Value of net assets at beginning of year (total assets less liabilities)2019-09-30$19,131,166
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-09-30No
Were any leases to which the plan was party in default or uncollectible2019-09-30No
Assets. partnership/joint venture interests at end of year2019-09-30$0
Assets. partnership/joint venture interests at beginning of year2019-09-30$0
Investment advisory and management fees2019-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-09-30$7,852,044
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-09-30$5,464,281
Value of interest in pooled separate accounts at end of year2019-09-30$0
Value of interest in pooled separate accounts at beginning of year2019-09-30$0
Interest on participant loans2019-09-30$0
Income. Interest from loans (other than to participants)2019-09-30$0
Interest earned on other investments2019-09-30$0
Income. Interest from US Government securities2019-09-30$0
Income. Interest from corporate debt instruments2019-09-30$0
Value of interest in master investment trust accounts at end of year2019-09-30$0
Value of interest in master investment trust accounts at beginning of year2019-09-30$0
Value of interest in common/collective trusts at end of year2019-09-30$11,370,528
Value of interest in common/collective trusts at beginning of year2019-09-30$13,027,376
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-09-30$32,289
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-09-30$27,852
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-09-30$27,852
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-09-30$1,245
Assets. Value of investments in 103.12 investment entities at end of year2019-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2019-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-09-30$0
Asset value of US Government securities at end of year2019-09-30$0
Asset value of US Government securities at beginning of year2019-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-09-30$107,274
Net investment gain/loss from pooled separate accounts2019-09-30$0
Net investment gain or loss from common/collective trusts2019-09-30$214,872
Net gain/loss from 103.12 investment entities2019-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-09-30No
Was there a failure to transmit to the plan any participant contributions2019-09-30No
Has the plan failed to provide any benefit when due under the plan2019-09-30No
Assets. Invements in employer securities at end of year2019-09-30$0
Assets. Invements in employer securities at beginning of year2019-09-30$0
Assets. Value of employer real property at end of year2019-09-30$0
Assets. Value of employer real property at beginning of year2019-09-30$0
Contributions received in cash from employer2019-09-30$1,489,269
Employer contributions (assets) at end of year2019-09-30$0
Employer contributions (assets) at beginning of year2019-09-30$0
Income. Dividends from preferred stock2019-09-30$0
Income. Dividends from common stock2019-09-30$11,421
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-09-30$2,124,094
Asset. Corporate debt instrument preferred debt at end of year2019-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2019-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2019-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2019-09-30$0
Contract administrator fees2019-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2019-09-30$670,538
Assets. Corporate common stocks other than exployer securities at beginning of year2019-09-30$611,685
Liabilities. Value of benefit claims payable at end of year2019-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2019-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2019-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2019-09-30$0
Did the plan have assets held for investment2019-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-09-30No
Aggregate proceeds on sale of assets2019-09-30$68,684
Aggregate carrying amount (costs) on sale of assets2019-09-30$62,034
Liabilities. Value of acquisition indebtedness at end of year2019-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-09-30Yes
Opinion of an independent qualified public accountant for this plan2019-09-30Disclaimer
Accountancy firm name2019-09-30BERGANKDV, LTD.
Accountancy firm EIN2019-09-30411431613
2018 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-09-30$74,468
Total unrealized appreciation/depreciation of assets2018-09-30$74,468
Total transfer of assets to this plan2018-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-09-30$28
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-09-30$0
Expenses. Interest paid2018-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-09-30$0
Total income from all sources (including contributions)2018-09-30$2,412,935
Total loss/gain on sale of assets2018-09-30$1,424
Total of all expenses incurred2018-09-30$1,698,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-09-30$1,627,002
Expenses. Certain deemed distributions of participant loans2018-09-30$0
Value of total corrective distributions2018-09-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-09-30$1,007,165
Value of total assets at end of year2018-09-30$19,131,194
Value of total assets at beginning of year2018-09-30$18,416,385
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-09-30$71,152
Total income from rents2018-09-30$0
Total interest from all sources2018-09-30$522
Total dividends received (eg from common stock, registered investment company shares)2018-09-30$251,462
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2018-09-30$239,220
Assets. Real estate other than employer real property at end of year2018-09-30$0
Assets. Real estate other than employer real property at beginning of year2018-09-30$0
Administrative expenses professional fees incurred2018-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2018-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2018-09-30$0
Was this plan covered by a fidelity bond2018-09-30Yes
Value of fidelity bond cover2018-09-30$1,000,000
If this is an individual account plan, was there a blackout period2018-09-30No
Were there any nonexempt tranactions with any party-in-interest2018-09-30No
Contributions received from participants2018-09-30$807,918
Participant contributions at end of year2018-09-30$0
Participant contributions at beginning of year2018-09-30$0
Participant contributions at end of year2018-09-30$0
Participant contributions at beginning of year2018-09-30$0
Assets. Other investments not covered elsewhere at end of year2018-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2018-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2018-09-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-09-30$0
Assets. Loans (other than to participants) at end of year2018-09-30$0
Assets. Loans (other than to participants) at beginning of year2018-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-09-30$28
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-09-30$0
Other income not declared elsewhere2018-09-30$0
Administrative expenses (other) incurred2018-09-30$71,152
Liabilities. Value of operating payables at end of year2018-09-30$0
Liabilities. Value of operating payables at beginning of year2018-09-30$0
Total non interest bearing cash at end of year2018-09-30$0
Total non interest bearing cash at beginning of year2018-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-09-30No
Income. Non cash contributions2018-09-30$0
Value of net income/loss2018-09-30$714,781
Value of net assets at end of year (total assets less liabilities)2018-09-30$19,131,166
Value of net assets at beginning of year (total assets less liabilities)2018-09-30$18,416,385
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2018-09-30No
Were any leases to which the plan was party in default or uncollectible2018-09-30No
Assets. partnership/joint venture interests at end of year2018-09-30$0
Assets. partnership/joint venture interests at beginning of year2018-09-30$0
Investment advisory and management fees2018-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-09-30$5,464,281
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-09-30$5,497,646
Value of interest in pooled separate accounts at end of year2018-09-30$0
Value of interest in pooled separate accounts at beginning of year2018-09-30$0
Interest on participant loans2018-09-30$0
Income. Interest from loans (other than to participants)2018-09-30$0
Interest earned on other investments2018-09-30$0
Income. Interest from US Government securities2018-09-30$0
Income. Interest from corporate debt instruments2018-09-30$0
Value of interest in master investment trust accounts at end of year2018-09-30$0
Value of interest in master investment trust accounts at beginning of year2018-09-30$0
Value of interest in common/collective trusts at end of year2018-09-30$13,027,376
Value of interest in common/collective trusts at beginning of year2018-09-30$12,347,604
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-09-30$27,852
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-09-30$112,507
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-09-30$112,507
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-09-30$522
Assets. Value of investments in 103.12 investment entities at end of year2018-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2018-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2018-09-30$0
Asset value of US Government securities at end of year2018-09-30$0
Asset value of US Government securities at beginning of year2018-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-09-30$244,379
Net investment gain/loss from pooled separate accounts2018-09-30$0
Net investment gain or loss from common/collective trusts2018-09-30$833,515
Net gain/loss from 103.12 investment entities2018-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-09-30No
Was there a failure to transmit to the plan any participant contributions2018-09-30No
Has the plan failed to provide any benefit when due under the plan2018-09-30No
Assets. Invements in employer securities at end of year2018-09-30$0
Assets. Invements in employer securities at beginning of year2018-09-30$0
Assets. Value of employer real property at end of year2018-09-30$0
Assets. Value of employer real property at beginning of year2018-09-30$0
Contributions received in cash from employer2018-09-30$199,247
Employer contributions (assets) at end of year2018-09-30$0
Employer contributions (assets) at beginning of year2018-09-30$0
Income. Dividends from preferred stock2018-09-30$0
Income. Dividends from common stock2018-09-30$12,242
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-09-30$1,627,002
Asset. Corporate debt instrument preferred debt at end of year2018-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2018-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2018-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2018-09-30$0
Contract administrator fees2018-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2018-09-30$611,685
Assets. Corporate common stocks other than exployer securities at beginning of year2018-09-30$458,628
Liabilities. Value of benefit claims payable at end of year2018-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2018-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2018-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2018-09-30$0
Did the plan have assets held for investment2018-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-09-30No
Aggregate proceeds on sale of assets2018-09-30$70,986
Aggregate carrying amount (costs) on sale of assets2018-09-30$69,562
Liabilities. Value of acquisition indebtedness at end of year2018-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2018-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-09-30Yes
Opinion of an independent qualified public accountant for this plan2018-09-30Disclaimer
Accountancy firm name2018-09-30BERGANKDV, LTD.
Accountancy firm EIN2018-09-30411431613
2017 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-09-30$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-09-30$58,987
Total unrealized appreciation/depreciation of assets2017-09-30$58,987
Total transfer of assets to this plan2017-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-09-30$0
Expenses. Interest paid2017-09-30$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-09-30$0
Total income from all sources (including contributions)2017-09-30$2,912,457
Total loss/gain on sale of assets2017-09-30$15,869
Total of all expenses incurred2017-09-30$797,203
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-09-30$737,047
Expenses. Certain deemed distributions of participant loans2017-09-30$0
Value of total corrective distributions2017-09-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-09-30$894,217
Value of total assets at end of year2017-09-30$18,416,385
Value of total assets at beginning of year2017-09-30$16,301,131
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-09-30$60,156
Total income from rents2017-09-30$0
Total interest from all sources2017-09-30$402
Total dividends received (eg from common stock, registered investment company shares)2017-09-30$175,196
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-09-30No
Total dividends received from registered investment company shares (eg mutual funds)2017-09-30$161,335
Assets. Real estate other than employer real property at end of year2017-09-30$0
Assets. Real estate other than employer real property at beginning of year2017-09-30$0
Administrative expenses professional fees incurred2017-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2017-09-30$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2017-09-30$0
Was this plan covered by a fidelity bond2017-09-30Yes
Value of fidelity bond cover2017-09-30$1,000,000
If this is an individual account plan, was there a blackout period2017-09-30No
Were there any nonexempt tranactions with any party-in-interest2017-09-30No
Contributions received from participants2017-09-30$740,594
Participant contributions at end of year2017-09-30$0
Participant contributions at beginning of year2017-09-30$0
Participant contributions at end of year2017-09-30$0
Participant contributions at beginning of year2017-09-30$0
Assets. Other investments not covered elsewhere at end of year2017-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2017-09-30$0
Income. Received or receivable in cash from other sources (including rollovers)2017-09-30$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-09-30$0
Assets. Loans (other than to participants) at end of year2017-09-30$0
Assets. Loans (other than to participants) at beginning of year2017-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-09-30$0
Other income not declared elsewhere2017-09-30$0
Administrative expenses (other) incurred2017-09-30$60,156
Liabilities. Value of operating payables at end of year2017-09-30$0
Liabilities. Value of operating payables at beginning of year2017-09-30$0
Total non interest bearing cash at end of year2017-09-30$0
Total non interest bearing cash at beginning of year2017-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-09-30No
Income. Non cash contributions2017-09-30$0
Value of net income/loss2017-09-30$2,115,254
Value of net assets at end of year (total assets less liabilities)2017-09-30$18,416,385
Value of net assets at beginning of year (total assets less liabilities)2017-09-30$16,301,131
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2017-09-30No
Were any leases to which the plan was party in default or uncollectible2017-09-30No
Assets. partnership/joint venture interests at end of year2017-09-30$0
Assets. partnership/joint venture interests at beginning of year2017-09-30$0
Investment advisory and management fees2017-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-09-30$5,497,646
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-09-30$4,883,280
Value of interest in pooled separate accounts at end of year2017-09-30$0
Value of interest in pooled separate accounts at beginning of year2017-09-30$0
Interest on participant loans2017-09-30$0
Income. Interest from loans (other than to participants)2017-09-30$0
Interest earned on other investments2017-09-30$0
Income. Interest from US Government securities2017-09-30$0
Income. Interest from corporate debt instruments2017-09-30$0
Value of interest in master investment trust accounts at end of year2017-09-30$0
Value of interest in master investment trust accounts at beginning of year2017-09-30$0
Value of interest in common/collective trusts at end of year2017-09-30$12,347,604
Value of interest in common/collective trusts at beginning of year2017-09-30$10,606,884
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-09-30$112,507
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-09-30$274,090
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-09-30$274,090
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-09-30$402
Assets. Value of investments in 103.12 investment entities at end of year2017-09-30$0
Assets. Value of investments in 103.12 investment entities at beginning of year2017-09-30$0
Expenses. Payments to insurance carriers foe the provision of benefits2017-09-30$0
Asset value of US Government securities at end of year2017-09-30$0
Asset value of US Government securities at beginning of year2017-09-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-09-30$455,815
Net investment gain/loss from pooled separate accounts2017-09-30$0
Net investment gain or loss from common/collective trusts2017-09-30$1,311,971
Net gain/loss from 103.12 investment entities2017-09-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-09-30No
Was there a failure to transmit to the plan any participant contributions2017-09-30No
Has the plan failed to provide any benefit when due under the plan2017-09-30No
Assets. Invements in employer securities at end of year2017-09-30$0
Assets. Invements in employer securities at beginning of year2017-09-30$0
Assets. Value of employer real property at end of year2017-09-30$0
Assets. Value of employer real property at beginning of year2017-09-30$0
Contributions received in cash from employer2017-09-30$153,623
Employer contributions (assets) at end of year2017-09-30$0
Employer contributions (assets) at beginning of year2017-09-30$0
Income. Dividends from preferred stock2017-09-30$0
Income. Dividends from common stock2017-09-30$13,861
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-09-30$737,047
Asset. Corporate debt instrument preferred debt at end of year2017-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2017-09-30$0
Asset. Corporate debt instrument debt (other) at end of year2017-09-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2017-09-30$0
Contract administrator fees2017-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2017-09-30$458,628
Assets. Corporate common stocks other than exployer securities at beginning of year2017-09-30$536,877
Liabilities. Value of benefit claims payable at end of year2017-09-30$0
Liabilities. Value of benefit claims payable at beginning of year2017-09-30$0
Assets. Value of buildings and other operty used in plan operation at end of year2017-09-30$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2017-09-30$0
Did the plan have assets held for investment2017-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-09-30No
Aggregate proceeds on sale of assets2017-09-30$66,955
Aggregate carrying amount (costs) on sale of assets2017-09-30$51,086
Liabilities. Value of acquisition indebtedness at end of year2017-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-09-30Yes
Opinion of an independent qualified public accountant for this plan2017-09-30Disclaimer
Accountancy firm name2017-09-30BERGANKDV, LTD.
Accountancy firm EIN2017-09-30411431613
2016 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-09-30$0
Total plan liabilities at end of year2016-09-30$0
Total plan liabilities at beginning of year2016-09-30$14,919
Total income from all sources2016-09-30$2,925,777
Expenses. Total of all expenses incurred2016-09-30$772,038
Benefits paid (including direct rollovers)2016-09-30$668,880
Total plan assets at end of year2016-09-30$16,301,131
Total plan assets at beginning of year2016-09-30$14,162,311
Value of fidelity bond covering the plan2016-09-30$1,000,000
Total contributions received or receivable from participants2016-09-30$700,660
Expenses. Other expenses not covered elsewhere2016-09-30$0
Contributions received from other sources (not participants or employers)2016-09-30$84,886
Other income received2016-09-30$1,340,224
Noncash contributions received2016-09-30$0
Net income (gross income less expenses)2016-09-30$2,153,739
Net plan assets at end of year (total assets less liabilities)2016-09-30$16,301,131
Net plan assets at beginning of year (total assets less liabilities)2016-09-30$14,147,392
Total contributions received or receivable from employer(s)2016-09-30$800,007
Value of certain deemed distributions of participant loans2016-09-30$0
Value of corrective distributions2016-09-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-09-30$103,158
2015 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-09-30$0
Total plan liabilities at end of year2015-09-30$14,919
Total plan liabilities at beginning of year2015-09-30$18,559
Total income from all sources2015-09-30$1,104,026
Expenses. Total of all expenses incurred2015-09-30$213,222
Benefits paid (including direct rollovers)2015-09-30$68,741
Total plan assets at end of year2015-09-30$14,162,311
Total plan assets at beginning of year2015-09-30$13,275,147
Value of fidelity bond covering the plan2015-09-30$1,000,000
Total contributions received or receivable from participants2015-09-30$620,424
Expenses. Other expenses not covered elsewhere2015-09-30$0
Contributions received from other sources (not participants or employers)2015-09-30$0
Other income received2015-09-30$-346,344
Noncash contributions received2015-09-30$0
Net income (gross income less expenses)2015-09-30$890,804
Net plan assets at end of year (total assets less liabilities)2015-09-30$14,147,392
Net plan assets at beginning of year (total assets less liabilities)2015-09-30$13,256,588
Total contributions received or receivable from employer(s)2015-09-30$829,946
Value of certain deemed distributions of participant loans2015-09-30$0
Value of corrective distributions2015-09-30$10,566
Expenses. Administrative service providers (salaries,fees and commissions)2015-09-30$133,915
2014 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-09-30$0
Total plan liabilities at end of year2014-09-30$18,559
Total plan liabilities at beginning of year2014-09-30$14,905
Total income from all sources2014-09-30$2,463,667
Expenses. Total of all expenses incurred2014-09-30$608,977
Benefits paid (including direct rollovers)2014-09-30$482,997
Total plan assets at end of year2014-09-30$13,275,147
Total plan assets at beginning of year2014-09-30$11,416,803
Value of fidelity bond covering the plan2014-09-30$1,000,000
Total contributions received or receivable from participants2014-09-30$588,207
Expenses. Other expenses not covered elsewhere2014-09-30$0
Contributions received from other sources (not participants or employers)2014-09-30$4,197
Other income received2014-09-30$1,073,174
Noncash contributions received2014-09-30$0
Net income (gross income less expenses)2014-09-30$1,854,690
Net plan assets at end of year (total assets less liabilities)2014-09-30$13,256,588
Net plan assets at beginning of year (total assets less liabilities)2014-09-30$11,401,898
Total contributions received or receivable from employer(s)2014-09-30$798,089
Value of certain deemed distributions of participant loans2014-09-30$0
Value of corrective distributions2014-09-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-09-30$125,980
2013 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-09-30$1,530
Total plan liabilities at end of year2013-09-30$14,905
Total plan liabilities at beginning of year2013-09-30$0
Total income from all sources2013-09-30$2,352,867
Expenses. Total of all expenses incurred2013-09-30$1,157,421
Benefits paid (including direct rollovers)2013-09-30$1,112,464
Total plan assets at end of year2013-09-30$11,416,803
Total plan assets at beginning of year2013-09-30$10,204,922
Value of fidelity bond covering the plan2013-09-30$1,000,000
Total contributions received or receivable from participants2013-09-30$494,478
Other income received2013-09-30$1,248,142
Net income (gross income less expenses)2013-09-30$1,195,446
Net plan assets at end of year (total assets less liabilities)2013-09-30$11,401,898
Net plan assets at beginning of year (total assets less liabilities)2013-09-30$10,204,922
Total contributions received or receivable from employer(s)2013-09-30$610,247
Expenses. Administrative service providers (salaries,fees and commissions)2013-09-30$44,957
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-09-30$0
2012 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2012 401k financial data
Total income from all sources2012-09-30$2,194,846
Expenses. Total of all expenses incurred2012-09-30$346,573
Benefits paid (including direct rollovers)2012-09-30$341,756
Total plan assets at end of year2012-09-30$10,204,922
Total plan assets at beginning of year2012-09-30$8,356,649
Value of fidelity bond covering the plan2012-09-30$1,000,000
Total contributions received or receivable from participants2012-09-30$395,496
Contributions received from other sources (not participants or employers)2012-09-30$45,002
Other income received2012-09-30$1,513,396
Net income (gross income less expenses)2012-09-30$1,848,273
Net plan assets at end of year (total assets less liabilities)2012-09-30$10,204,922
Net plan assets at beginning of year (total assets less liabilities)2012-09-30$8,356,649
Total contributions received or receivable from employer(s)2012-09-30$240,952
Value of corrective distributions2012-09-30$2,890
Expenses. Administrative service providers (salaries,fees and commissions)2012-09-30$1,927
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-09-30$0
2011 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2011 401k financial data
Total income from all sources2011-09-30$661,228
Expenses. Total of all expenses incurred2011-09-30$217,191
Benefits paid (including direct rollovers)2011-09-30$215,599
Total plan assets at end of year2011-09-30$8,356,649
Total plan assets at beginning of year2011-09-30$7,912,612
Value of fidelity bond covering the plan2011-09-30$1,000,000
Total contributions received or receivable from participants2011-09-30$392,854
Other income received2011-09-30$-135,130
Net income (gross income less expenses)2011-09-30$444,037
Net plan assets at end of year (total assets less liabilities)2011-09-30$8,356,649
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$7,912,612
Total contributions received or receivable from employer(s)2011-09-30$403,504
Expenses. Administrative service providers (salaries,fees and commissions)2011-09-30$1,592
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
2010 : THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-09-30$0

Form 5500 Responses for THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN

2022: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2022 form 5500 responses
2022-10-01Type of plan entitySingle employer plan
2022-10-01This submission is the final filingNo
2022-10-01Plan is a collectively bargained planNo
2022-10-01Plan funding arrangement – TrustYes
2022-10-01Plan benefit arrangement - TrustYes
2021: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01This submission is the final filingNo
2021-10-01Plan is a collectively bargained planNo
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement - TrustYes
2020: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement - TrustYes
2019: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement - TrustYes
2018: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01Submission has been amendedNo
2018-10-01This submission is the final filingNo
2018-10-01This return/report is a short plan year return/report (less than 12 months)No
2018-10-01Plan is a collectively bargained planNo
2018-10-01Plan funding arrangement – TrustYes
2018-10-01Plan benefit arrangement - TrustYes
2017: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2017 form 5500 responses
2017-10-01Type of plan entitySingle employer plan
2017-10-01Submission has been amendedNo
2017-10-01This submission is the final filingNo
2017-10-01This return/report is a short plan year return/report (less than 12 months)No
2017-10-01Plan is a collectively bargained planNo
2017-10-01Plan funding arrangement – TrustYes
2017-10-01Plan benefit arrangement - TrustYes
2016: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01Submission has been amendedNo
2016-10-01This submission is the final filingNo
2016-10-01This return/report is a short plan year return/report (less than 12 months)No
2016-10-01Plan is a collectively bargained planNo
2016-10-01Plan funding arrangement – TrustYes
2016-10-01Plan benefit arrangement - TrustYes
2015: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2015 form 5500 responses
2015-10-01Type of plan entitySingle employer plan
2015-10-01Submission has been amendedNo
2015-10-01This submission is the final filingNo
2015-10-01This return/report is a short plan year return/report (less than 12 months)No
2015-10-01Plan is a collectively bargained planNo
2015-10-01Plan funding arrangement – TrustYes
2015-10-01Plan benefit arrangement - TrustYes
2014: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2014 form 5500 responses
2014-10-01Type of plan entitySingle employer plan
2014-10-01Submission has been amendedNo
2014-10-01This submission is the final filingNo
2014-10-01This return/report is a short plan year return/report (less than 12 months)No
2014-10-01Plan is a collectively bargained planNo
2014-10-01Plan funding arrangement – TrustYes
2014-10-01Plan benefit arrangement - TrustYes
2013: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2013 form 5500 responses
2013-10-01Type of plan entitySingle employer plan
2013-10-01Submission has been amendedNo
2013-10-01This submission is the final filingNo
2013-10-01This return/report is a short plan year return/report (less than 12 months)No
2013-10-01Plan is a collectively bargained planNo
2013-10-01Plan funding arrangement – TrustYes
2013-10-01Plan benefit arrangement - TrustYes
2012: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Submission has been amendedNo
2012-10-01This submission is the final filingNo
2012-10-01This return/report is a short plan year return/report (less than 12 months)No
2012-10-01Plan is a collectively bargained planNo
2012-10-01Plan funding arrangement – TrustYes
2012-10-01Plan benefit arrangement - TrustYes
2011: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Submission has been amendedNo
2011-10-01This submission is the final filingNo
2011-10-01This return/report is a short plan year return/report (less than 12 months)No
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement - TrustYes
2009: THE IFP GROUP OF COMPANIES PROFIT SHARING 401(K) PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedNo
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes

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