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INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 401k Plan overview

Plan NameINSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN
Plan identification number 001

INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION 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.
  • 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

INSURANCE INSTITUTE OF MICHIGAN has sponsored the creation of one or more 401k plans.

Company Name:INSURANCE INSTITUTE OF MICHIGAN
Employer identification number (EIN):611443133
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01THOMAS SZEDLAK
0012015-01-01THOMAS SZEDLAK
0012014-01-01THOMAS SZEDLAK
0012013-01-01THOMAS SZEDLAK
0012012-01-01THOMAS SZEDLAK
0012011-01-01THOMAS SZEDLAK
0012010-01-01THOMAS SZEDLAK
0012009-01-01THOMAS SZEDLAK

Plan Statistics for INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN

401k plan membership statisitcs for INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN

Measure Date Value
2017: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-014
Total number of active participants reported on line 7a of the Form 55002017-01-014
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-014
Number of participants with account balances2017-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-016
Total number of active participants reported on line 7a of the Form 55002016-01-014
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 participants2016-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-014
Number of participants with account balances2016-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-016
Total number of active participants reported on line 7a of the Form 55002015-01-014
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-016
Number of participants with account balances2015-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-016
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-012
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-016
Number of participants with account balances2014-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-016
Total number of active participants reported on line 7a of the Form 55002013-01-014
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-016
Number of participants with account balances2013-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-016
Total number of active participants reported on line 7a of the Form 55002012-01-014
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-016
Number of participants with account balances2012-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-016
Total number of active participants reported on line 7a of the Form 55002011-01-013
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-016
Number of participants with account balances2011-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-016
Total number of active participants reported on line 7a of the Form 55002010-01-015
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-011
Total of all active and inactive participants2010-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-016
Number of participants with account balances2010-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-015
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-016
Number of participants with account balances2009-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN

Measure Date Value
2017 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2017 401k financial data
Total income from all sources2017-12-31$284,001
Expenses. Total of all expenses incurred2017-12-31$7,833
Total plan assets at end of year2017-12-31$1,506,742
Total plan assets at beginning of year2017-12-31$1,230,574
Value of fidelity bond covering the plan2017-12-31$150,000
Total contributions received or receivable from participants2017-12-31$34,019
Expenses. Other expenses not covered elsewhere2017-12-31$7,833
Other income received2017-12-31$210,324
Net income (gross income less expenses)2017-12-31$276,168
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,506,742
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,230,574
Assets. Value of participant loans2017-12-31$19,044
Total contributions received or receivable from employer(s)2017-12-31$39,658
2016 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2016 401k financial data
Total income from all sources2016-12-31$191,411
Expenses. Total of all expenses incurred2016-12-31$107,600
Benefits paid (including direct rollovers)2016-12-31$100,720
Total plan assets at end of year2016-12-31$1,230,574
Total plan assets at beginning of year2016-12-31$1,146,763
Value of fidelity bond covering the plan2016-12-31$150,000
Total contributions received or receivable from participants2016-12-31$44,387
Expenses. Other expenses not covered elsewhere2016-12-31$6,880
Other income received2016-12-31$104,287
Net income (gross income less expenses)2016-12-31$83,811
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,230,574
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,146,763
Assets. Value of participant loans2016-12-31$15,099
Total contributions received or receivable from employer(s)2016-12-31$42,737
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2015 401k financial data
Total income from all sources2015-12-31$41,178
Expenses. Total of all expenses incurred2015-12-31$6,763
Total plan assets at end of year2015-12-31$1,146,763
Total plan assets at beginning of year2015-12-31$1,112,348
Value of fidelity bond covering the plan2015-12-31$150,000
Total contributions received or receivable from participants2015-12-31$40,314
Expenses. Other expenses not covered elsewhere2015-12-31$6,763
Other income received2015-12-31$-42,052
Net income (gross income less expenses)2015-12-31$34,415
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,146,763
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,112,348
Assets. Value of participant loans2015-12-31$35,758
Total contributions received or receivable from employer(s)2015-12-31$42,916
2014 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2014 401k financial data
Total income from all sources2014-12-31$119,537
Expenses. Total of all expenses incurred2014-12-31$7,216
Total plan assets at end of year2014-12-31$1,112,348
Total plan assets at beginning of year2014-12-31$1,000,027
Value of fidelity bond covering the plan2014-12-31$150,000
Total contributions received or receivable from participants2014-12-31$40,553
Expenses. Other expenses not covered elsewhere2014-12-31$7,216
Other income received2014-12-31$38,695
Net income (gross income less expenses)2014-12-31$112,321
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,112,348
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,000,027
Assets. Value of participant loans2014-12-31$26,525
Total contributions received or receivable from employer(s)2014-12-31$40,289
2013 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2013 401k financial data
Total income from all sources2013-12-31$211,306
Expenses. Total of all expenses incurred2013-12-31$8,331
Total plan assets at end of year2013-12-31$1,000,027
Total plan assets at beginning of year2013-12-31$797,052
Value of fidelity bond covering the plan2013-12-31$150,000
Total contributions received or receivable from participants2013-12-31$39,806
Expenses. Other expenses not covered elsewhere2013-12-31$8,331
Other income received2013-12-31$130,370
Net income (gross income less expenses)2013-12-31$202,975
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,000,027
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$797,052
Assets. Value of participant loans2013-12-31$19,509
Total contributions received or receivable from employer(s)2013-12-31$41,130
2012 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2012 401k financial data
Total income from all sources2012-12-31$162,193
Expenses. Total of all expenses incurred2012-12-31$85,437
Benefits paid (including direct rollovers)2012-12-31$78,737
Total plan assets at end of year2012-12-31$797,052
Total plan assets at beginning of year2012-12-31$720,296
Value of fidelity bond covering the plan2012-12-31$150,000
Total contributions received or receivable from participants2012-12-31$35,066
Expenses. Other expenses not covered elsewhere2012-12-31$6,700
Other income received2012-12-31$86,854
Net income (gross income less expenses)2012-12-31$76,756
Net plan assets at end of year (total assets less liabilities)2012-12-31$797,052
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$720,296
Assets. Value of participant loans2012-12-31$29,579
Total contributions received or receivable from employer(s)2012-12-31$40,273
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2011 401k financial data
Total income from all sources2011-12-31$61,148
Expenses. Total of all expenses incurred2011-12-31$6,509
Total plan assets at end of year2011-12-31$720,296
Total plan assets at beginning of year2011-12-31$665,657
Value of fidelity bond covering the plan2011-12-31$150,000
Total contributions received or receivable from participants2011-12-31$40,403
Expenses. Other expenses not covered elsewhere2011-12-31$6,509
Other income received2011-12-31$-16,688
Net income (gross income less expenses)2011-12-31$54,639
Net plan assets at end of year (total assets less liabilities)2011-12-31$720,296
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$665,657
Assets. Value of participant loans2011-12-31$39,230
Total contributions received or receivable from employer(s)2011-12-31$37,433
2010 : INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2010 401k financial data
Total income from all sources2010-12-31$165,947
Expenses. Total of all expenses incurred2010-12-31$5,256
Total plan assets at end of year2010-12-31$665,657
Total plan assets at beginning of year2010-12-31$504,966
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$40,406
Expenses. Other expenses not covered elsewhere2010-12-31$5,256
Other income received2010-12-31$84,509
Net income (gross income less expenses)2010-12-31$160,691
Net plan assets at end of year (total assets less liabilities)2010-12-31$665,657
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$504,966
Assets. Value of participant loans2010-12-31$21,021
Total contributions received or receivable from employer(s)2010-12-31$41,032

Form 5500 Responses for INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN

2017: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: INSURANCE INSTITUTE OF MICHIGAN EMPLOYEE DEFERRED COMPENSATION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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