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FAUGHT & JONES, INC. MONEY PURCHASE PLAN 401k Plan overview

Plan NameFAUGHT & JONES, INC. MONEY PURCHASE PLAN
Plan identification number 001

FAUGHT & JONES, INC. MONEY PURCHASE PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

BGAHD, INC. has sponsored the creation of one or more 401k plans.

Company Name:BGAHD, INC.
Employer identification number (EIN):611172629
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAUGHT & JONES, INC. MONEY PURCHASE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01BARBARA A. JONES BARBARA A. JONES2017-09-28
0012015-01-01BARBARA A. JONES BARBARA A. JONES2016-06-22
0012014-01-01BARBARA A. JONES BARBARA A. JONES2015-06-08
0012013-01-01BARBARA A. JONES BARBARA A. JONES2014-07-18
0012012-01-01BARBARA A. JONES BARBARA A. JONES2013-07-22
0012011-01-01BARBARA A. JONES BARBARA A. JONES2012-06-16
0012009-01-01BARBARA A. JONES BARBARA A. JONES2010-07-26

Plan Statistics for FAUGHT & JONES, INC. MONEY PURCHASE PLAN

401k plan membership statisitcs for FAUGHT & JONES, INC. MONEY PURCHASE PLAN

Measure Date Value
2016: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-010
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 participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012
Total number of active participants reported on line 7a of the Form 55002015-01-012
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 participants2015-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-012
Number of participants with account balances2015-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012
Total number of active participants reported on line 7a of the Form 55002014-01-012
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 participants2014-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-012
Number of participants with account balances2014-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012
Total number of active participants reported on line 7a of the Form 55002013-01-012
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 participants2013-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-012
Number of participants with account balances2013-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012
Total number of active participants reported on line 7a of the Form 55002012-01-012
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 participants2012-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-012
Number of participants with account balances2012-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012
Total number of active participants reported on line 7a of the Form 55002011-01-012
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-012
Number of participants with account balances2011-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Total number of active participants reported on line 7a of the Form 55002009-01-012
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 participants2009-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012
Number of participants with account balances2009-01-012

Financial Data on FAUGHT & JONES, INC. MONEY PURCHASE PLAN

Measure Date Value
2016 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2016 401k financial data
Total income from all sources2016-12-31$29,074
Expenses. Total of all expenses incurred2016-12-31$638,238
Benefits paid (including direct rollovers)2016-12-31$638,238
Total plan assets at end of year2016-12-31$0
Total plan assets at beginning of year2016-12-31$609,164
Value of fidelity bond covering the plan2016-12-31$60,000
Other income received2016-12-31$29,074
Net income (gross income less expenses)2016-12-31$-609,164
Net plan assets at end of year (total assets less liabilities)2016-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$609,164
Funding deficiency by the employer to the plan for this plan year2016-12-31$0
Minimum employer required contribution for this plan year2016-12-31$0
Amount contributed by the employer to the plan for this plan year2016-12-31$0
2015 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2015 401k financial data
Total income from all sources2015-12-31$-32,369
Total plan assets at end of year2015-12-31$609,164
Total plan assets at beginning of year2015-12-31$641,533
Value of fidelity bond covering the plan2015-12-31$60,000
Other income received2015-12-31$-33,042
Net income (gross income less expenses)2015-12-31$-32,369
Net plan assets at end of year (total assets less liabilities)2015-12-31$609,164
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$641,533
Total contributions received or receivable from employer(s)2015-12-31$673
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$673
Amount contributed by the employer to the plan for this plan year2015-12-31$673
2014 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2014 401k financial data
Total income from all sources2014-12-31$66,530
Total plan assets at end of year2014-12-31$641,533
Total plan assets at beginning of year2014-12-31$575,003
Value of fidelity bond covering the plan2014-12-31$60,000
Other income received2014-12-31$17,010
Net income (gross income less expenses)2014-12-31$66,530
Net plan assets at end of year (total assets less liabilities)2014-12-31$641,533
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$575,003
Total contributions received or receivable from employer(s)2014-12-31$49,520
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$49,520
Amount contributed by the employer to the plan for this plan year2014-12-31$49,520
2013 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2013 401k financial data
Total income from all sources2013-12-31$85,348
Total plan assets at end of year2013-12-31$575,003
Total plan assets at beginning of year2013-12-31$489,655
Value of fidelity bond covering the plan2013-12-31$50,000
Other income received2013-12-31$39,507
Net income (gross income less expenses)2013-12-31$85,348
Net plan assets at end of year (total assets less liabilities)2013-12-31$575,003
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$489,655
Total contributions received or receivable from employer(s)2013-12-31$45,841
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$45,841
Amount contributed by the employer to the plan for this plan year2013-12-31$45,841
2012 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2012 401k financial data
Total income from all sources2012-12-31$71,912
Total plan assets at end of year2012-12-31$489,655
Total plan assets at beginning of year2012-12-31$417,743
Value of fidelity bond covering the plan2012-12-31$50,000
Other income received2012-12-31$26,250
Net income (gross income less expenses)2012-12-31$71,912
Net plan assets at end of year (total assets less liabilities)2012-12-31$489,655
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$417,743
Total contributions received or receivable from employer(s)2012-12-31$45,662
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$45,662
Amount contributed by the employer to the plan for this plan year2012-12-31$45,662
2011 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2011 401k financial data
Total income from all sources2011-12-31$35,043
Total plan assets at end of year2011-12-31$417,743
Total plan assets at beginning of year2011-12-31$382,700
Value of fidelity bond covering the plan2011-12-31$50,000
Other income received2011-12-31$-10,569
Net income (gross income less expenses)2011-12-31$35,043
Net plan assets at end of year (total assets less liabilities)2011-12-31$417,743
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$382,700
Total contributions received or receivable from employer(s)2011-12-31$45,612
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$45,612
Amount contributed by the employer to the plan for this plan year2011-12-31$45,612
2010 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2010 401k financial data
Total income from all sources2010-12-31$55,066
Total plan assets at end of year2010-12-31$382,700
Total plan assets at beginning of year2010-12-31$327,634
Value of fidelity bond covering the plan2010-12-31$50,000
Other income received2010-12-31$12,479
Net income (gross income less expenses)2010-12-31$55,066
Net plan assets at end of year (total assets less liabilities)2010-12-31$382,700
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$327,634
Total contributions received or receivable from employer(s)2010-12-31$42,587
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$42,587
Amount contributed by the employer to the plan for this plan year2010-12-31$42,587
2009 : FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2009 401k financial data
Minimum employer required contribution for this plan year2009-12-31$43,130
Amount contributed by the employer to the plan for this plan year2009-12-31$43,130

Form 5500 Responses for FAUGHT & JONES, INC. MONEY PURCHASE PLAN

2016: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01This submission is the final filingYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle 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
2014: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: FAUGHT & JONES, INC. MONEY PURCHASE PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

RIVERSOURCE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65005 )
Policy contract number09078750 8 002
Policy instance 1
Insurance contract or identification number09078750 8 002
Number of Individuals Covered2
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $2,496
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 $2,496
Additional information about fees paid to insurance brokerRETIREMENT INVESTMENT
Insurance broker organization code?3
Insurance broker nameRICHARD T. CROOKS
RIVERSOURCE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65005 )
Policy contract number09078750 8 002
Policy instance 1
Insurance contract or identification number09078750 8 002
Number of Individuals Covered2
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $4,621
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 $4,621
Additional information about fees paid to insurance brokerRETIREMENT INVESTMENT
Insurance broker organization code?3
Insurance broker nameRICHARD T. CROOKS
RIVERSOURCE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65005 )
Policy contract number09078750 8 002
Policy instance 1
Insurance contract or identification number09078750 8 002
Number of Individuals Covered2
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $1,134
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 $1,134
Additional information about fees paid to insurance brokerRETIREMENT INVESTMENT
Insurance broker organization code?3
Insurance broker nameRICHARD T. CROOKS
RIVERSOURCE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65005 )
Policy contract number09078750 8 002
Policy instance 1
Insurance contract or identification number09078750 8 002
Number of Individuals Covered2
Insurance policy start date2012-10-23
Insurance policy end date2012-12-31
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
Additional information about fees paid to insurance brokerRETIREMENT INVESTMENT
Insurance broker organization code?3
Insurance broker nameRICHARD T. CROOKS

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