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MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameMORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN
Plan identification number 001

MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN Benefits

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

401k Sponsoring company profile

MORGAN-WHITE GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:MORGAN-WHITE GROUP, INC.
Employer identification number (EIN):640848633
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about MORGAN-WHITE GROUP, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2013-12-16
Company Identification Number: 0801903142
Legal Registered Office Address: PO BOX 14067

JACKSON
United States of America (USA)
39236

More information about MORGAN-WHITE GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01RICHARD L. EATON RICHARD L. EATON2013-06-14
0012011-01-01RICHARD L. EATON RICHARD L. EATON2012-10-12
0012009-01-01RICHARD L. EATON RICHARD L. EATON2010-10-11

Plan Statistics for MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN

401k plan membership statisitcs for MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2012: MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01162
Total number of active participants reported on line 7a of the Form 55002012-01-010
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 participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01133
Total number of active participants reported on line 7a of the Form 55002011-01-01151
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-019
Total of all active and inactive participants2011-01-01160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01160
Number of participants with account balances2011-01-01136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01115
Total number of active participants reported on line 7a of the Form 55002009-01-01103
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0111
Total of all active and inactive participants2009-01-01115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01115
Number of participants with account balances2009-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2012 : MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-08-31$0
Total transfer of assets from this plan2012-08-31$4,483,495
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-08-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-08-31$460
Total income from all sources (including contributions)2012-08-31$546,757
Total loss/gain on sale of assets2012-08-31$0
Total of all expenses incurred2012-08-31$19,393
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-08-31$1,301
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-08-31$302,104
Value of total assets at end of year2012-08-31$0
Value of total assets at beginning of year2012-08-31$3,956,591
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-08-31$18,092
Total interest from all sources2012-08-31$2,395
Total dividends received (eg from common stock, registered investment company shares)2012-08-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-08-31No
Was this plan covered by a fidelity bond2012-08-31Yes
Value of fidelity bond cover2012-08-31$500,000
If this is an individual account plan, was there a blackout period2012-08-31No
Were there any nonexempt tranactions with any party-in-interest2012-08-31No
Contributions received from participants2012-08-31$195,411
Participant contributions at beginning of year2012-08-31$86,622
Participant contributions at beginning of year2012-08-31$18,073
Assets. Other investments not covered elsewhere at beginning of year2012-08-31$37,250
Income. Received or receivable in cash from other sources (including rollovers)2012-08-31$174
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-08-31$1,648
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-08-31No
Value of net income/loss2012-08-31$527,364
Value of net assets at end of year (total assets less liabilities)2012-08-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-08-31$3,956,131
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-08-31No
Were any leases to which the plan was party in default or uncollectible2012-08-31No
Investment advisory and management fees2012-08-31$18,092
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-08-31$3,179,167
Interest on participant loans2012-08-31$2,395
Value of interest in common/collective trusts at beginning of year2012-08-31$600,763
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-08-31$239,579
Net investment gain or loss from common/collective trusts2012-08-31$2,679
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-08-31No
Was there a failure to transmit to the plan any participant contributions2012-08-31No
Has the plan failed to provide any benefit when due under the plan2012-08-31No
Contributions received in cash from employer2012-08-31$106,519
Employer contributions (assets) at beginning of year2012-08-31$33,068
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-08-31$1,301
Liabilities. Value of benefit claims payable at beginning of year2012-08-31$460
Did the plan have assets held for investment2012-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-08-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-08-31No
Opinion of an independent qualified public accountant for this plan2012-08-31Unqualified
Accountancy firm name2012-08-31CARR RIGGS & INGRAM, LLC
Accountancy firm EIN2012-08-31721396621
2011 : MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$460
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,610
Total income from all sources (including contributions)2011-12-31$840,463
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$143,487
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$110,734
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$821,483
Value of total assets at end of year2011-12-31$3,956,591
Value of total assets at beginning of year2011-12-31$3,260,765
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$32,753
Total interest from all sources2011-12-31$3,553
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$520,675
Participant contributions at end of year2011-12-31$86,622
Participant contributions at beginning of year2011-12-31$62,801
Participant contributions at end of year2011-12-31$18,073
Participant contributions at beginning of year2011-12-31$14,686
Assets. Other investments not covered elsewhere at end of year2011-12-31$37,250
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$36,577
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$17,959
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$1,648
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$1,462
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$1,432
Other income not declared elsewhere2011-12-31$673
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$696,976
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,956,131
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,259,155
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$30,348
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,179,167
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$2,863,064
Interest on participant loans2011-12-31$3,553
Value of interest in common/collective trusts at end of year2011-12-31$600,763
Value of interest in common/collective trusts at beginning of year2011-12-31$261,444
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$817
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$817
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$5,972
Net investment gain or loss from common/collective trusts2011-12-31$8,782
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$282,849
Employer contributions (assets) at end of year2011-12-31$33,068
Employer contributions (assets) at beginning of year2011-12-31$19,914
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$110,734
Contract administrator fees2011-12-31$2,405
Liabilities. Value of benefit claims payable at end of year2011-12-31$460
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$178
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31CARR RIGGS & INGRAM, LLC
Accountancy firm EIN2011-12-31721396621
2010 : MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$1,610
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$22,039
Total income from all sources (including contributions)2010-12-31$887,398
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$163,330
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$136,333
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$614,226
Value of total assets at end of year2010-12-31$3,260,765
Value of total assets at beginning of year2010-12-31$2,557,126
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$26,997
Total interest from all sources2010-12-31$4,252
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$412,935
Participant contributions at end of year2010-12-31$62,801
Participant contributions at beginning of year2010-12-31$52,368
Participant contributions at end of year2010-12-31$14,686
Participant contributions at beginning of year2010-12-31$14,899
Assets. Other investments not covered elsewhere at end of year2010-12-31$36,577
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$31,735
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$1,462
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$1,044
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$1,432
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$22,039
Other income not declared elsewhere2010-12-31$4,842
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$724,068
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,259,155
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,535,087
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$23,442
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$2,863,064
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$1,924,114
Interest on participant loans2010-12-31$4,252
Value of interest in common/collective trusts at end of year2010-12-31$261,444
Value of interest in common/collective trusts at beginning of year2010-12-31$486,922
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$817
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$22,024
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$22,024
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$258,653
Net investment gain or loss from common/collective trusts2010-12-31$5,425
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$201,291
Employer contributions (assets) at end of year2010-12-31$19,914
Employer contributions (assets) at beginning of year2010-12-31$24,020
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$136,333
Contract administrator fees2010-12-31$3,555
Liabilities. Value of benefit claims payable at end of year2010-12-31$178
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31CARR, RIGGS & INGRAM, LLC
Accountancy firm EIN2010-12-31721396621

Form 5500 Responses for MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT PLAN

2012: MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT 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 filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT 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
2009: MORGAN-WHITE GROUP, INC. 401(K) RETIREMENT 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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