NORTH CAROLINA FARM BUREAU FEDERATION INC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2021 : AGCAREFIRST TRUST 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $-76,006 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $-76,006 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,763,148 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,793,971 |
| Total income from all sources (including contributions) | 2021-12-31 | $20,310,664 |
| Total loss/gain on sale of assets | 2021-12-31 | $-2,010 |
| Total of all expenses incurred | 2021-12-31 | $21,702,110 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $19,714,428 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $20,240,526 |
| Value of total assets at end of year | 2021-12-31 | $6,960,624 |
| Value of total assets at beginning of year | 2021-12-31 | $8,382,893 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,987,682 |
| Total interest from all sources | 2021-12-31 | $148,154 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $476,214 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $20,240,526 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $956,132 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $672,958 |
| Administrative expenses (other) incurred | 2021-12-31 | $68,636 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $517,467 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $656,648 |
| Total non interest bearing cash at end of year | 2021-12-31 | $1,581,605 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $3,261,639 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-1,391,446 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,197,476 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,588,922 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,857,752 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,747,587 |
| Interest earned on other investments | 2021-12-31 | $106,341 |
| Income. Interest from US Government securities | 2021-12-31 | $19,750 |
| Income. Interest from corporate debt instruments | 2021-12-31 | $22,063 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $247,160 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $298,767 |
| Asset value of US Government securities at end of year | 2021-12-31 | $516,469 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $557,267 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $19,714,428 |
| Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $801,506 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $844,675 |
| Contract administrator fees | 2021-12-31 | $1,442,832 |
| 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 | 2021-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $1,245,681 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $1,137,323 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $45,313 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $47,323 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | JOHNSON LAMBERT LLP |
| Accountancy firm EIN | 2021-12-31 | 521146779 |
| 2020 : AGCAREFIRST TRUST 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $114,033 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $114,033 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,793,971 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,840,441 |
| Total income from all sources (including contributions) | 2020-12-31 | $21,736,297 |
| Total loss/gain on sale of assets | 2020-12-31 | $-5,156 |
| Total of all expenses incurred | 2020-12-31 | $19,046,592 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $17,096,492 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $21,478,090 |
| Value of total assets at end of year | 2020-12-31 | $8,382,893 |
| Value of total assets at beginning of year | 2020-12-31 | $5,739,658 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,950,100 |
| Total interest from all sources | 2020-12-31 | $149,330 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $495,314 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $21,478,090 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $672,958 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $1,048,306 |
| Administrative expenses (other) incurred | 2020-12-31 | $72,163 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $656,648 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $288,612 |
| Total non interest bearing cash at end of year | 2020-12-31 | $3,261,639 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $513,062 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $2,689,705 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,588,922 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,899,217 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $2,747,587 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,003,678 |
| Interest earned on other investments | 2020-12-31 | $80,341 |
| Income. Interest from US Government securities | 2020-12-31 | $46,926 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $22,063 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $298,767 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $960,705 |
| Asset value of US Government securities at end of year | 2020-12-31 | $557,267 |
| Asset value of US Government securities at beginning of year | 2020-12-31 | $1,435,894 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $17,096,492 |
| Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $844,675 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $778,013 |
| Contract administrator fees | 2020-12-31 | $1,382,623 |
| 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 | 2020-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $1,137,323 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $1,551,829 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $35,000 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $40,156 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | JOHNSON LAMBERT LLP |
| Accountancy firm EIN | 2020-12-31 | 521146779 |
| 2019 : AGCAREFIRST TRUST 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $58,587 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $58,587 |
| Total transfer of assets to this plan | 2019-12-31 | $4,923,379 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,840,441 |
| Total income from all sources (including contributions) | 2019-12-31 | $19,398,761 |
| Total loss/gain on sale of assets | 2019-12-31 | $-7,991 |
| Total of all expenses incurred | 2019-12-31 | $20,422,923 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $18,812,672 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $19,212,259 |
| Value of total assets at end of year | 2019-12-31 | $5,739,658 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,610,251 |
| Total interest from all sources | 2019-12-31 | $135,906 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $1,065,292 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $19,212,259 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $1,048,306 |
| Administrative expenses (other) incurred | 2019-12-31 | $544,959 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $288,612 |
| Total non interest bearing cash at end of year | 2019-12-31 | $513,062 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $-1,024,162 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,899,217 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,003,678 |
| Interest earned on other investments | 2019-12-31 | $65,998 |
| Income. Interest from US Government securities | 2019-12-31 | $22,063 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $47,845 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $960,705 |
| Asset value of US Government securities at end of year | 2019-12-31 | $1,435,894 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $18,812,672 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $778,013 |
| 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 | 2019-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $1,551,829 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $995,000 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $1,002,991 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | JOHNSON LAMBERT LLP |
| Accountancy firm EIN | 2019-12-31 | 521446779 |
