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BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 401k Plan overview

Plan NameBREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN
Plan identification number 002

BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BREMEN FARMERS MUTUAL INS. CO. has sponsored the creation of one or more 401k plans.

Company Name:BREMEN FARMERS MUTUAL INS. CO.
Employer identification number (EIN):480148400
NAIC Classification:524150

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01CURTIS HOLLE2024-04-18
0022022-01-01CURTIS HOLLE2023-04-13
0022021-01-01CURTIS HOLLE2022-05-27
0022020-01-01CURTIS HOLLE2021-05-04
0022019-01-01CURTIS HOLLE2020-07-06
0022018-01-01CURTIS HOLLE2019-07-22
0022017-01-01CURTIS HOLLE2018-07-10
0022016-01-01CURTIS HOLLE
0022015-01-01CURTIS HOLLE
0022014-01-01CURTIS HOLLE
0022013-01-01CURTIS HOLLE
0022012-01-01GARY HOLLE
0022011-01-01GARY HOLLE
0022009-01-01GARY HOLLE GARY HOLLE2010-07-27

Plan Statistics for BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN

401k plan membership statisitcs for BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN

Measure Date Value
2016: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0113
Total number of active participants reported on line 7a of the Form 55002016-01-0112
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0112
Number of participants with account balances2016-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0112
2015: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0113
Total number of active participants reported on line 7a of the Form 55002015-01-0113
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0113
Number of participants with account balances2015-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0114
Total number of active participants reported on line 7a of the Form 55002014-01-0113
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0113
Number of participants with account balances2014-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0115
Total number of active participants reported on line 7a of the Form 55002013-01-0114
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0114
Number of participants with account balances2013-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0116
Total number of active participants reported on line 7a of the Form 55002012-01-0115
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0115
Number of participants with account balances2012-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0116
Total number of active participants reported on line 7a of the Form 55002011-01-0115
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0116
Number of participants with account balances2011-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0116
Total number of active participants reported on line 7a of the Form 55002009-01-0116
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0116
Number of participants with account balances2009-01-0116

Financial Data on BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN

Measure Date Value
2016 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$196,914
Expenses. Total of all expenses incurred2016-12-31$245,791
Benefits paid (including direct rollovers)2016-12-31$241,942
Total plan assets at end of year2016-12-31$1,823,975
Total plan assets at beginning of year2016-12-31$1,872,852
Expenses. Other expenses not covered elsewhere2016-12-31$3,849
Other income received2016-12-31$108,955
Net income (gross income less expenses)2016-12-31$-48,877
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,823,975
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,872,852
Total contributions received or receivable from employer(s)2016-12-31$87,959
2015 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$118,046
Expenses. Total of all expenses incurred2015-12-31$3,963
Total plan assets at end of year2015-12-31$1,872,852
Total plan assets at beginning of year2015-12-31$1,758,769
Expenses. Other expenses not covered elsewhere2015-12-31$3,963
Other income received2015-12-31$27,018
Net income (gross income less expenses)2015-12-31$114,083
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,872,852
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,758,769
Total contributions received or receivable from employer(s)2015-12-31$91,028
2014 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$147,089
Expenses. Total of all expenses incurred2014-12-31$94,850
Benefits paid (including direct rollovers)2014-12-31$91,366
Total plan assets at end of year2014-12-31$1,758,769
Total plan assets at beginning of year2014-12-31$1,706,530
Expenses. Other expenses not covered elsewhere2014-12-31$3,484
Other income received2014-12-31$64,315
Net income (gross income less expenses)2014-12-31$52,239
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,758,769
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,706,530
Total contributions received or receivable from employer(s)2014-12-31$82,774
2013 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$245,626
Expenses. Total of all expenses incurred2013-12-31$473,529
Benefits paid (including direct rollovers)2013-12-31$469,257
Total plan assets at end of year2013-12-31$1,706,530
Total plan assets at beginning of year2013-12-31$1,934,433
Expenses. Other expenses not covered elsewhere2013-12-31$4,272
Other income received2013-12-31$156,192
Net income (gross income less expenses)2013-12-31$-227,903
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,706,530
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,934,433
Total contributions received or receivable from employer(s)2013-12-31$89,434
2012 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$197,471
Expenses. Total of all expenses incurred2012-12-31$15,865
Benefits paid (including direct rollovers)2012-12-31$11,569
Total plan assets at end of year2012-12-31$1,934,433
Total plan assets at beginning of year2012-12-31$1,752,827
Expenses. Other expenses not covered elsewhere2012-12-31$4,296
Other income received2012-12-31$109,995
Net income (gross income less expenses)2012-12-31$181,606
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,934,433
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,752,827
Total contributions received or receivable from employer(s)2012-12-31$87,476
2011 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$132,793
Expenses. Total of all expenses incurred2011-12-31$285,173
Benefits paid (including direct rollovers)2011-12-31$283,813
Total plan assets at end of year2011-12-31$1,752,827
Total plan assets at beginning of year2011-12-31$1,905,207
Expenses. Other expenses not covered elsewhere2011-12-31$1,360
Other income received2011-12-31$35,775
Net income (gross income less expenses)2011-12-31$-152,380
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,752,827
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,905,207
Total contributions received or receivable from employer(s)2011-12-31$97,018
2010 : BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$217,641
Expenses. Total of all expenses incurred2010-12-31$141,056
Benefits paid (including direct rollovers)2010-12-31$136,553
Total plan assets at end of year2010-12-31$1,905,207
Total plan assets at beginning of year2010-12-31$1,828,622
Expenses. Other expenses not covered elsewhere2010-12-31$4,503
Other income received2010-12-31$123,978
Net income (gross income less expenses)2010-12-31$76,585
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,905,207
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,828,622
Total contributions received or receivable from employer(s)2010-12-31$93,663

Form 5500 Responses for BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN

2016: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes
2015: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2014: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: BREMEN FARMERS MUTUAL INS. CO. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THRIVENT FINANCIAL FOR LUTHERANS (National Association of Insurance Commissioners NAIC id number: 56014 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered14
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $3,963
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,963
Insurance broker organization code?3
Insurance broker nameTRIVENT FINANCIAL
THRIVENT FINANCIAL FOR LUTHERANS (National Association of Insurance Commissioners NAIC id number: 56014 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered14
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $3,484
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,484
Insurance broker organization code?3
Insurance broker nameTRIVENT FINANCIAL
THRIVENT FINANCIAL FOR LUTHERANS (National Association of Insurance Commissioners NAIC id number: 56014 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered14
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $4,272
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,779
Insurance broker organization code?3
Insurance broker nameROGER P LEONARD
THRIVENT FINANCIAL FOR LUTHERANS (National Association of Insurance Commissioners NAIC id number: 56014 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered15
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $4,296
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,808
Insurance broker organization code?3
Insurance broker nameROGER P LEONARD
THRIVENT FINANCIAL FOR LUTHERANS (National Association of Insurance Commissioners NAIC id number: 56014 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered16
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $1,360
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THRIVENT FINANCIAL FOR LUTHERANS (National Association of Insurance Commissioners NAIC id number: 56014 )
Policy contract numberVARIOUS
Policy instance 1
Insurance contract or identification numberVARIOUS
Number of Individuals Covered16
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $4,503
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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