Logo

LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 401k Plan overview

Plan NameLOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN
Plan identification number 001

LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LOUISIANA ASSOCIATED GENERAL CONTRACTORS, LLC has sponsored the creation of one or more 401k plans.

Company Name:LOUISIANA ASSOCIATED GENERAL CONTRACTORS, LLC
Employer identification number (EIN):720395279
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01
0012013-01-01MICHAEL DEMOUY MICHAEL DEMOUY2014-10-15
0012012-01-01MICHAEL DEMOUY MICHAEL DEMOUY2013-10-02
0012012-01-01MICHAEL DEMOUY MICHAEL DEMOUY2013-10-02
0012012-01-01MICHAEL DEMOUY MICHAEL DEMOUY2013-10-14
0012011-01-01KENNETH NAQUIN2012-07-05
0012010-01-01KENNETH NAQUIN2011-05-31 KENNETH NAQUIN2011-05-31

Plan Statistics for LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN

401k plan membership statisitcs for LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN

Measure Date Value
2014: LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01863
Total number of active participants reported on line 7a of the Form 55002014-01-010
Total of all active and inactive participants2014-01-010
Total participants2014-01-010
2013: LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01513
Total number of active participants reported on line 7a of the Form 55002013-01-01774
Number of retired or separated participants receiving benefits2013-01-0120
Number of other retired or separated participants entitled to future benefits2013-01-0169
Total of all active and inactive participants2013-01-01863
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01863
Number of participants with account balances2013-01-01503
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0113
2012: LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-010
Total number of active participants reported on line 7a of the Form 55002012-01-01430
Number of retired or separated participants receiving benefits2012-01-012
Number of other retired or separated participants entitled to future benefits2012-01-0149
Total of all active and inactive participants2012-01-01481
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01481
Number of participants with account balances2012-01-01241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012

Financial Data on LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN

Measure Date Value
2014 : LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2014 401k financial data
Total transfer of assets from this plan2014-04-30$24,701,350
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-04-30$77,732
Total income from all sources (including contributions)2014-04-30$779,928
Total of all expenses incurred2014-04-30$648,406
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-04-30$627,620
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-04-30$513,427
Value of total assets at beginning of year2014-04-30$24,647,560
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-04-30$20,786
Total interest from all sources2014-04-30$3,039
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-04-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-04-30$0
Was this plan covered by a fidelity bond2014-04-30Yes
Value of fidelity bond cover2014-04-30$500,000
If this is an individual account plan, was there a blackout period2014-04-30Yes
Were there any nonexempt tranactions with any party-in-interest2014-04-30No
Contributions received from participants2014-04-30$388,767
Participant contributions at beginning of year2014-04-30$55,500
Income. Received or receivable in cash from other sources (including rollovers)2014-04-30$20,416
Assets. Loans (other than to participants) at beginning of year2014-04-30$225,152
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-04-30No
Value of net income/loss2014-04-30$131,522
Value of net assets at beginning of year (total assets less liabilities)2014-04-30$24,569,828
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-04-30No
Were any loans by the plan or fixed income obligations due to the plan in default2014-04-30No
Were any leases to which the plan was party in default or uncollectible2014-04-30No
Value of interest in pooled separate accounts at beginning of year2014-04-30$19,295,717
Interest on participant loans2014-04-30$3,039
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-04-30$4,841,792
Net investment gain/loss from pooled separate accounts2014-04-30$263,462
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-04-30No
Was there a failure to transmit to the plan any participant contributions2014-04-30No
Has the plan failed to provide any benefit when due under the plan2014-04-30No
Contributions received in cash from employer2014-04-30$104,244
Employer contributions (assets) at beginning of year2014-04-30$229,399
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-04-30$627,620
Contract administrator fees2014-04-30$20,786
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-04-30Yes
Liabilities. Value of benefit claims payable at beginning of year2014-04-30$77,732
Did the plan have assets held for investment2014-04-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-04-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-04-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-04-30Yes
Opinion of an independent qualified public accountant for this plan2014-04-30Disclaimer
Accountancy firm name2014-04-30HANNIS T. BOURGEOIS, LLP
Accountancy firm EIN2014-04-30720636725
2013 : LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$11,146,378
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$77,732
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$4,438,794
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,523,630
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,346,717
Value of total corrective distributions2013-12-31$135,882
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,803,241
Value of total assets at end of year2013-12-31$24,647,560
Value of total assets at beginning of year2013-12-31$10,508,286
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$41,031
Total interest from all sources2013-12-31$1,026
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,082,682
Participant contributions at end of year2013-12-31$55,500
Participant contributions at beginning of year2013-12-31$77,296
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$286,067
Assets. Loans (other than to participants) at end of year2013-12-31$225,152
Assets. Loans (other than to participants) at beginning of year2013-12-31$20,207
Other income not declared elsewhere2013-12-31$3
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$2,915,164
Value of net assets at end of year (total assets less liabilities)2013-12-31$24,569,828
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$10,508,286
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$19,295,717
Value of interest in pooled separate accounts at beginning of year2013-12-31$8,645,213
Interest on participant loans2013-12-31$1,026
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$4,841,792
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$1,745,584
Net investment gain/loss from pooled separate accounts2013-12-31$2,634,524
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$434,492
Employer contributions (assets) at end of year2013-12-31$229,399
Employer contributions (assets) at beginning of year2013-12-31$19,986
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,346,717
Contract administrator fees2013-12-31$41,031
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
Liabilities. Value of benefit claims payable at end of year2013-12-31$77,732
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31HANNIS T BOURGEOIS
Accountancy firm EIN2013-12-31720636725
2012 : LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$10,078,456
Total income from all sources2012-12-31$556,819
Expenses. Total of all expenses incurred2012-12-31$126,989
Benefits paid (including direct rollovers)2012-12-31$119,208
Total plan assets at end of year2012-12-31$10,508,286
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$192,537
Other income received2012-12-31$224,159
Net income (gross income less expenses)2012-12-31$429,830
Net plan assets at end of year (total assets less liabilities)2012-12-31$10,508,286
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Assets. Value of participant loans2012-12-31$20,207
Total contributions received or receivable from employer(s)2012-12-31$140,123
Value of corrective distributions2012-12-31$3,986
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$3,795

Form 5500 Responses for LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN

2014: LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01This submission is the final filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
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: LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple 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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: LOUISIANA AGC 401(K) MULTIPLE EMPLOYER PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
2012-01-01First time form 5500 has been submittedYes
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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932318-000
Policy instance 1
Insurance contract or identification number932318-000
Number of Individuals Covered0
Insurance policy start date2014-01-01
Insurance policy end date2014-04-30
Total amount of commissions paid to insurance brokerUSD $15,405
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
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 $15,405
Insurance broker organization code?3
Insurance broker nameBAIRD INSURANCE SERVICES INC
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932318-000
Policy instance 1
Insurance contract or identification number932318-000
Number of Individuals Covered503
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $64,974
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $64,974
Insurance broker organization code?3
Insurance broker nameBAIRD INSRUANCE SERVICES INC
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932318-000
Policy instance 1
Insurance contract or identification number932318-000
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $51,202
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $51,202
Insurance broker organization code?3
Insurance broker nameBAIRD INSRUANCE SERVICES INC

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1