401k Plan data: AGENCY 401(K) SOLUTIONS plan

AGENCY 401(K) SOLUTIONS 401k Plan overview

Plan Name	AGENCY 401(K) SOLUTIONS
Plan identification number	001

AGENCY 401(K) SOLUTIONS Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

AGENCY BENEFITS CORP has sponsored the creation of one or more 401k plans.

Company Name: AGENCY BENEFITS CORP

Employer identification number (EIN): 465739614

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01
001 2016-01-01
001 2015-01-01 ARY ROSENBAUM 2016-10-17

Plan Statistics for AGENCY 401(K) SOLUTIONS

401k plan membership statisitcs for AGENCY 401(K) SOLUTIONS

Measure Date Value
2017: AGENCY 401(K) SOLUTIONS 2017 401k membership
Total participants, beginning-of-year 2017-01-01 485
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 0
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 0
Number of participants with account balances 2017-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: AGENCY 401(K) SOLUTIONS 2016 401k membership
Total participants, beginning-of-year 2016-01-01 251
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 434
Number of retired or separated participants receiving benefits 2016-01-01 1
Number of other retired or separated participants entitled to future benefits 2016-01-01 50
Total of all active and inactive participants 2016-01-01 485
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 485
Number of participants with account balances 2016-01-01 369
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 46

Measure	Date	Value
2017: AGENCY 401(K) SOLUTIONS 2017 401k membership
Total participants, beginning-of-year	2017-01-01	485
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	0
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	0
Number of participants with account balances	2017-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: AGENCY 401(K) SOLUTIONS 2016 401k membership
Total participants, beginning-of-year	2016-01-01	251
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	434
Number of retired or separated participants receiving benefits	2016-01-01	1
Number of other retired or separated participants entitled to future benefits	2016-01-01	50
Total of all active and inactive participants	2016-01-01	485
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	485
Number of participants with account balances	2016-01-01	369
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	46

Financial Data on AGENCY 401(K) SOLUTIONS

Measure	Date	Value
2017 : AGENCY 401(K) SOLUTIONS 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$17,369,415
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$3,947,845
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$805,569
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$533,786
Expenses. Certain deemed distributions of participant loans	2017-12-31	$71
Value of total corrective distributions	2017-12-31	$179,170
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,942,879
Value of total assets at end of year	2017-12-31	$0
Value of total assets at beginning of year	2017-12-31	$14,227,139
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$92,542
Total interest from all sources	2017-12-31	$18,430
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2017-12-31	$0
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,253,442
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$471,227
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$26,068
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$162,659
Total non interest bearing cash at end of year	2017-12-31	$0
Total non interest bearing cash at beginning of year	2017-12-31	$22,921
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$3,142,276
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$14,227,139
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$12,364,500
Interest on participant loans	2017-12-31	$18,430
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$1,316,488
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$1,316,488
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,986,536
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$526,778
Employer contributions (assets) at end of year	2017-12-31	$0
Employer contributions (assets) at beginning of year	2017-12-31	$25,935
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$533,786
Contract administrator fees	2017-12-31	$92,542
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	TEMPLETON & COMPANY
Accountancy firm EIN	2017-12-31	141918990
2016 : AGENCY 401(K) SOLUTIONS 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets to this plan	2016-12-31	$7,203,589
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$2,494,772
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$544,573
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$468,120
Value of total corrective distributions	2016-12-31	$19,622
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,806,786
Value of total assets at end of year	2016-12-31	$14,227,139
Value of total assets at beginning of year	2016-12-31	$5,073,351
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$56,831
Total interest from all sources	2016-12-31	$11,192
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$962,384
Participant contributions at end of year	2016-12-31	$471,227
Participant contributions at beginning of year	2016-12-31	$133,554
Participant contributions at end of year	2016-12-31	$26,068
Participant contributions at beginning of year	2016-12-31	$18,354
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$507,693
Administrative expenses (other) incurred	2016-12-31	$345
Total non interest bearing cash at end of year	2016-12-31	$22,921
Total non interest bearing cash at beginning of year	2016-12-31	$2,825
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,950,199
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$14,227,139
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$5,073,351
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$12,364,500
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$4,603,695
Interest on participant loans	2016-12-31	$11,192
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$1,316,488
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$307,324
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$307,324
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$676,794
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$336,709
Employer contributions (assets) at end of year	2016-12-31	$25,935
Employer contributions (assets) at beginning of year	2016-12-31	$7,599
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$468,120
Contract administrator fees	2016-12-31	$56,486
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-12-31	Yes
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	TEMPLETON & COMPANY
Accountancy firm EIN	2016-12-31	141918990

Form 5500 Responses for AGENCY 401(K) SOLUTIONS

2017: AGENCY 401(K) SOLUTIONS 2017 form 5500 responses
2017-01-01	Type of plan entity	Mulitple employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	Yes
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	Yes
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: AGENCY 401(K) SOLUTIONS 2016 form 5500 responses
2016-01-01	Type of plan entity	Mulitple employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	Yes
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 61574 - 1

Policy instance

Insurance contract or identification number	MR 61574 - 1
Number of Individuals Covered	0
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-06
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	AGENCY BENEFITS CORP
Employer identification number (EIN):	465739614
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-01-01
001	2016-01-01
001	2015-01-01	ARY ROSENBAUM	2016-10-17