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TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameTRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

TRUCKERS EQUITY AGENCY INC has sponsored the creation of one or more 401k plans.

Company Name:TRUCKERS EQUITY AGENCY INC
Employer identification number (EIN):841152255
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about TRUCKERS EQUITY AGENCY INC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2018-05-09
Company Identification Number: 0803012334
Legal Registered Office Address: 2090 E 104TH AVE STE 202

THORNTON
United States of America (USA)
80233

More information about TRUCKERS EQUITY AGENCY INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SHERYL SINCLAIR2024-05-15
0012022-01-01SHERYL SINCLAIR2023-03-29
0012021-01-01SHERYL SINCLAIR2022-04-07
0012020-01-01SHERYL SINCLAIR2021-05-13
0012019-01-01SHERYL SINCLAIR2020-04-13
0012018-01-01SHERYL SINCLAIR2019-05-14
0012017-01-01SHERYL SINCLAIR2018-07-19
0012016-01-01SHERYL SINCLAIR2017-06-12
0012015-01-01SHERYL SINCLAIR
0012014-01-01SHERYL SINCLAIR2015-06-12
0012013-01-01SHERYL SINCLAIR2014-07-10
0012012-01-01TRUCKERS EQUITY AGENCY INC2013-05-15
0012011-01-01TRUCKERS EQUITY AGENCY INC2012-05-25
0012010-01-01TRUCKERS EQUITY AGENCY INC

Plan Statistics for TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2015: TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-013
Total number of active participants reported on line 7a of the Form 55002015-01-013
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 participants2015-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-013
Number of participants with account balances2015-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2010: TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-014
Total number of active participants reported on line 7a of the Form 55002010-01-014
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 participants2010-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-015
Number of participants with account balances2010-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2015 : TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$13,593
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$95,865
Total plan assets at beginning of year2015-12-31$82,272
Value of fidelity bond covering the plan2015-12-31$20,000
Total contributions received or receivable from participants2015-12-31$7,091
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$1,460
Net income (gross income less expenses)2015-12-31$13,593
Net plan assets at end of year (total assets less liabilities)2015-12-31$95,865
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$82,272
Assets. Value of participant loans2015-12-31$2,125
Total contributions received or receivable from employer(s)2015-12-31$5,042
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2010 : TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$17,205
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$64,032
Total plan assets at beginning of year2010-12-31$46,827
Value of fidelity bond covering the plan2010-12-31$20,000
Total contributions received or receivable from participants2010-12-31$4,900
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$8,532
Net income (gross income less expenses)2010-12-31$17,205
Net plan assets at end of year (total assets less liabilities)2010-12-31$64,032
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$46,827
Total contributions received or receivable from employer(s)2010-12-31$3,773
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST

2015: TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 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
2010: TRUCKERS EQUITY AGENCY INC 401(K) PROFIT SHARING PLAN & TRUST 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

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