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SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN
Plan identification number 002

SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) 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.
  • Plan covering Self-Employed individuals.
  • 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.
  • Unknown benefit code

401k Sponsoring company profile

SULLIVANS ADMINISTRATIVE MANAGERS, LLC has sponsored the creation of one or more 401k plans.

Company Name:SULLIVANS ADMINISTRATIVE MANAGERS, LLC
Employer identification number (EIN):582519444
NAIC Classification:561300

Additional information about SULLIVANS ADMINISTRATIVE MANAGERS, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 2356

More information about SULLIVANS ADMINISTRATIVE MANAGERS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01SHANNON COLLINS
0022017-01-01SHANNON COLLINS
0022016-01-01SHANNON COLLINS
0022015-01-01SHANNON COLLINS

Plan Statistics for SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01314
Total number of active participants reported on line 7a of the Form 55002022-01-01287
Number of retired or separated participants receiving benefits2022-01-013
Number of other retired or separated participants entitled to future benefits2022-01-0138
Total of all active and inactive participants2022-01-01328
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01329
Number of participants with account balances2022-01-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01383
Total number of active participants reported on line 7a of the Form 55002021-01-01258
Number of retired or separated participants receiving benefits2021-01-013
Number of other retired or separated participants entitled to future benefits2021-01-0135
Total of all active and inactive participants2021-01-01296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-01297
Number of participants with account balances2021-01-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01461
Total number of active participants reported on line 7a of the Form 55002020-01-01315
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0146
Total of all active and inactive participants2020-01-01361
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-012
Total participants2020-01-01363
Number of participants with account balances2020-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01567
Total number of active participants reported on line 7a of the Form 55002019-01-01400
Number of retired or separated participants receiving benefits2019-01-013
Number of other retired or separated participants entitled to future benefits2019-01-0133
Total of all active and inactive participants2019-01-01436
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-01438
Number of participants with account balances2019-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01550
Total number of active participants reported on line 7a of the Form 55002018-01-01493
Number of retired or separated participants receiving benefits2018-01-013
Number of other retired or separated participants entitled to future benefits2018-01-0141
Total of all active and inactive participants2018-01-01537
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-01539
Number of participants with account balances2018-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01291
Total number of active participants reported on line 7a of the Form 55002017-01-01461
Number of retired or separated participants receiving benefits2017-01-013
Number of other retired or separated participants entitled to future benefits2017-01-0140
Total of all active and inactive participants2017-01-01504
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01505
Number of participants with account balances2017-01-01141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01350
Total number of active participants reported on line 7a of the Form 55002016-01-01223
Number of other retired or separated participants entitled to future benefits2016-01-0151
Total of all active and inactive participants2016-01-01274
Total participants2016-01-01274
Number of participants with account balances2016-01-01154
2015: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01432
Total number of active participants reported on line 7a of the Form 55002015-01-01283
Number of other retired or separated participants entitled to future benefits2015-01-0157
Total of all active and inactive participants2015-01-01340
Total participants2015-01-01340
Number of participants with account balances2015-01-01183

Financial Data on SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-937,689
Total of all expenses incurred2022-12-31$319,811
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$252,084
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$747,065
Value of total assets at end of year2022-12-31$5,579,703
Value of total assets at beginning of year2022-12-31$6,837,203
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$67,727
Total interest from all sources2022-12-31$15,255
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$16,250
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$595,760
Participant contributions at end of year2022-12-31$56,369
Participant contributions at beginning of year2022-12-31$56,406
Participant contributions at end of year2022-12-31$9,211
Participant contributions at beginning of year2022-12-31$4,121
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$8,372
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$122
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$1
Administrative expenses (other) incurred2022-12-31$51,477
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,257,500
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,579,703
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,837,203
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$4,662,427
Value of interest in pooled separate accounts at beginning of year2022-12-31$6,103,095
Interest on participant loans2022-12-31$2,721
Interest earned on other investments2022-12-31$12,534
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$849,220
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$673,506
Net investment gain/loss from pooled separate accounts2022-12-31$-1,700,009
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$142,933
Employer contributions (assets) at end of year2022-12-31$2,354
Employer contributions (assets) at beginning of year2022-12-31$74
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$252,084
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31DABBS, HICKMAN, HIL & CANNON LLP
Accountancy firm EIN2022-12-31581137570
2021 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$1,255,286
Total of all expenses incurred2021-12-31$449,019
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$390,922
Expenses. Certain deemed distributions of participant loans2021-12-31$1,856
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$606,684
Value of total assets at end of year2021-12-31$6,837,203
Value of total assets at beginning of year2021-12-31$6,030,936
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$56,241
Total interest from all sources2021-12-31$15,815
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$502,409
Participant contributions at end of year2021-12-31$56,406
Participant contributions at beginning of year2021-12-31$61,120
Participant contributions at end of year2021-12-31$4,121
Participant contributions at beginning of year2021-12-31$1,093
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$1
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$35
Administrative expenses (other) incurred2021-12-31$56,241
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$806,267
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,837,203
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,030,936
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$6,103,095
Value of interest in pooled separate accounts at beginning of year2021-12-31$5,005,378
Interest on participant loans2021-12-31$2,646
Interest earned on other investments2021-12-31$13,169
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$673,506
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$963,310
Net investment gain/loss from pooled separate accounts2021-12-31$632,787
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$104,275
Employer contributions (assets) at end of year2021-12-31$74
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$390,922
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
Accountancy firm name2021-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2021-12-31581137570
2020 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$1,832,431
Total of all expenses incurred2020-12-31$1,021,742
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$960,009
Value of total corrective distributions2020-12-31$418
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$573,862
Value of total assets at end of year2020-12-31$6,030,936
Value of total assets at beginning of year2020-12-31$5,220,247
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$61,315
Total interest from all sources2020-12-31$13,528
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$16,250
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$427,852
Participant contributions at end of year2020-12-31$61,120
Participant contributions at beginning of year2020-12-31$61,499
Participant contributions at end of year2020-12-31$1,093
Participant contributions at beginning of year2020-12-31$16,424
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$49,234
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$35
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$27
Administrative expenses (other) incurred2020-12-31$45,065
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$810,689
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,030,936
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,220,247
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$5,005,378
Value of interest in pooled separate accounts at beginning of year2020-12-31$4,556,300
Interest on participant loans2020-12-31$3,377
Interest earned on other investments2020-12-31$10,151
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$963,310
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$583,460
Net investment gain/loss from pooled separate accounts2020-12-31$1,245,041
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$96,776
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$2,537
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$960,009
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2020-12-31581137570
2019 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$1,448,166
Total of all expenses incurred2019-12-31$980,653
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$899,448
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$427,630
Value of total assets at end of year2019-12-31$5,220,247
Value of total assets at beginning of year2019-12-31$4,752,734
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$81,205
Total interest from all sources2019-12-31$14,403
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$32,500
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$350,162
Participant contributions at end of year2019-12-31$61,499
Participant contributions at beginning of year2019-12-31$137,446
Participant contributions at end of year2019-12-31$16,424
Participant contributions at beginning of year2019-12-31$8,838
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$27
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$131
Administrative expenses (other) incurred2019-12-31$48,705
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$467,513
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,220,247
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,752,734
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$4,556,300
Value of interest in pooled separate accounts at beginning of year2019-12-31$3,919,610
Interest on participant loans2019-12-31$4,351
Interest earned on other investments2019-12-31$10,052
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$583,460
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$684,969
Net investment gain/loss from pooled separate accounts2019-12-31$1,006,133
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$77,468
Employer contributions (assets) at end of year2019-12-31$2,537
Employer contributions (assets) at beginning of year2019-12-31$1,740
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$899,448
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2019-12-31581137570
2018 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total transfer of assets from this plan2018-12-31$124,073
Total income from all sources (including contributions)2018-12-31$151,391
Total of all expenses incurred2018-12-31$447,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$381,279
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$334,080
Value of total assets at end of year2018-12-31$4,752,734
Value of total assets at beginning of year2018-12-31$5,172,802
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$66,107
Total interest from all sources2018-12-31$15,982
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$271,066
Participant contributions at end of year2018-12-31$137,446
Participant contributions at beginning of year2018-12-31$120,983
Participant contributions at end of year2018-12-31$8,838
Participant contributions at beginning of year2018-12-31$6,198
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$131
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Administrative expenses (other) incurred2018-12-31$66,107
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-295,995
Value of net assets at end of year (total assets less liabilities)2018-12-31$4,752,734
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$5,172,802
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$3,919,610
Value of interest in pooled separate accounts at beginning of year2018-12-31$4,285,399
Interest on participant loans2018-12-31$6,368
Interest earned on other investments2018-12-31$9,614
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$684,969
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$758,545
Net investment gain/loss from pooled separate accounts2018-12-31$-198,671
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$63,014
Employer contributions (assets) at end of year2018-12-31$1,740
Employer contributions (assets) at beginning of year2018-12-31$1,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$381,279
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2018-12-31581137570
2017 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$1,100,076
Total of all expenses incurred2017-12-31$1,023,327
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$939,959
Expenses. Certain deemed distributions of participant loans2017-12-31$1,410
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$351,173
Value of total assets at end of year2017-12-31$5,172,802
Value of total assets at beginning of year2017-12-31$5,096,053
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$81,958
Total interest from all sources2017-12-31$14,805
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$16,250
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$218,558
Participant contributions at end of year2017-12-31$120,983
Participant contributions at beginning of year2017-12-31$129,380
Participant contributions at end of year2017-12-31$6,198
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$72,797
Administrative expenses (other) incurred2017-12-31$65,708
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$76,749
Value of net assets at end of year (total assets less liabilities)2017-12-31$5,172,802
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$5,096,053
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$4,285,399
Value of interest in pooled separate accounts at beginning of year2017-12-31$3,915,043
Interest on participant loans2017-12-31$5,240
Interest earned on other investments2017-12-31$9,565
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$758,545
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,051,630
Net investment gain/loss from pooled separate accounts2017-12-31$734,098
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$59,818
Employer contributions (assets) at end of year2017-12-31$1,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$939,959
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2017-12-31581137570
2016 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total transfer of assets from this plan2016-12-31$868,630
Total income from all sources (including contributions)2016-12-31$479,251
Total of all expenses incurred2016-12-31$518,245
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$419,206
Expenses. Certain deemed distributions of participant loans2016-12-31$8,094
Value of total corrective distributions2016-12-31$834
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$258,876
Value of total assets at end of year2016-12-31$5,096,053
Value of total assets at beginning of year2016-12-31$6,003,677
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$90,111
Total interest from all sources2016-12-31$5,558
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$212,117
Participant contributions at end of year2016-12-31$129,380
Participant contributions at beginning of year2016-12-31$179,721
Other income not declared elsewhere2016-12-31$13,574
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-38,994
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,096,053
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$6,003,677
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$3,915,043
Value of interest in pooled separate accounts at beginning of year2016-12-31$4,800,464
Interest on participant loans2016-12-31$5,558
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$1,051,630
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,023,492
Net investment gain/loss from pooled separate accounts2016-12-31$201,243
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$46,759
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$419,206
Contract administrator fees2016-12-31$90,111
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2016-12-31581137570
2015 : SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$429,429
Total of all expenses incurred2015-12-31$1,271,798
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,188,483
Value of total corrective distributions2015-12-31$417
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$394,319
Value of total assets at end of year2015-12-31$6,003,677
Value of total assets at beginning of year2015-12-31$6,846,046
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$82,898
Total interest from all sources2015-12-31$8,367
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$281,707
Participant contributions at end of year2015-12-31$179,721
Participant contributions at beginning of year2015-12-31$205,775
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$19,678
Other income not declared elsewhere2015-12-31$12,012
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-842,369
Value of net assets at end of year (total assets less liabilities)2015-12-31$6,003,677
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$6,846,046
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$4,800,464
Value of interest in pooled separate accounts at beginning of year2015-12-31$5,744,053
Interest on participant loans2015-12-31$8,367
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$1,023,492
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$896,218
Net investment gain/loss from pooled separate accounts2015-12-31$14,731
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$92,934
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,188,483
Contract administrator fees2015-12-31$82,898
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31DABBS, HICKMAN, HILL & CANNON, LLP
Accountancy firm EIN2015-12-31581137570

Form 5500 Responses for SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN

2022: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Submission has been amendedYes
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SULLIVANS ADMINISTRATIVE MANAGERS, LLC 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered141
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $18,265
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $18,265
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered128
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $18,663
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $18,663
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered134
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $16,135
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $16,135
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered131
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $15,228
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $15,228
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered131
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $13,791
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $13,791
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered141
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $12,725
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,725
Insurance broker organization code?3
Insurance broker nameSAPELO CREATIVE INSURANCE SOLU
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number930034
Policy instance 1
Insurance contract or identification number930034
Number of Individuals Covered183
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $15,415
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $15,415
Insurance broker organization code?3
Insurance broker nameSAPELO CREATIVE INSURANCE SOLU

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