Back to top
FORM 5500 DATA

R & R Insurance Services, Inc. 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan01/01/1980
  • Net Assets as of 12/31/2018 $44,610,001
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2018

  • Active (Eligible) Participants188
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits35
  • Subtotal223
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total223
  • Total number of participants as of 01/01/2018225
  • Number of participants with account balances222
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested13

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address1581 East Racine Ave.
  • CityWaukesha
  • StateWI
  • Zip53186-6826
  • Telephone(262) 574-7000
  • EIN39-1230987
  • Industry Code524210
  • Named AdministratorMichael Franz

Audit Information

  • Audit StatusAudited
  • AuditorSikich, LLP
  • Auditor EIN36-3168081
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G 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.
2J 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.
2K 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 contributions 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.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D 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.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $-546,560
Contributions $2,628,948
Cash Contributions $2,628,948
Cash from Employers $786,952
Cash from Participants $1,561,789
Others (including rollovers) $280,207
Noncash Contributions $0
Total Earnings on Investments $-3,276,268
Total Interest $9,610
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $9,610
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $-3,285,878
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $100,760
Expenses $3,684,400
Total Benefit Payments $3,619,372
Directly to participants or beneficiaries, including direct rollovers $3,619,372
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $65,028
Professional Fees $2,895
Contract Administrator Fees $62,127
Investment Advisory and management fees $6
Other Administrative Fees $0
Net Income $-4,230,960
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2018 12/31/2017 Change YOY
Total Assets $44,610,713 $47,830,725 -6.73%
Total noninterest-bearing cash $63,631 $35,496 79.26%
Receivables $449,808 $775,000 -41.96%
Employer Contributions $449,808 $775,000 -41.96%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $208,000 $202,497 2.72%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $43,889,274 $46,817,732 -6.26%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $712 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $712 $0 0.0%
Net Assets $44,610,001 $47,830,725 -6.73%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
John Hancock Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees NONE $62,127 $0 $62,127
Total $62,127 $0 $62,127

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $6,433,695
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $4,185,179
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $3,811,143
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $3,699,197
Jh Multimanager 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $3,644,843
Jh Multi-Index 2025 Preserv John Hancock USA DFE: Pooled Separate Account $2,694,245
500 Index Fund John Hancock USA DFE: Pooled Separate Account $1,237,369
Jh Multi-Index 2020 Preserv John Hancock USA DFE: Pooled Separate Account $1,025,003
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $945,404
Jh Multimanager 2035 Lifetime John Hancock USA DFE: Pooled Separate Account $833,713
Money Market Fund John Hancock USA DFE: Pooled Separate Account $800,858
Jh Multimanager 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $746,370
Jh Multi-Index 2045 Preserv John Hancock USA DFE: Pooled Separate Account $671,269
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $487,780
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $479,827
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $475,446
Templeton Global Bond Fund John Hancock USA DFE: Pooled Separate Account $428,550
Oppenheimer Developing Mkt John Hancock USA DFE: Pooled Separate Account $413,271
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $401,608
T. Rowe Price Cap Appreciation John Hancock USA DFE: Pooled Separate Account $378,380
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $313,892
Pimco All Asset John Hancock USA DFE: Pooled Separate Account $309,389
Dfa International Value John Hancock USA DFE: Pooled Separate Account $307,681
Jh Multi-Index Income Preserv John Hancock USA DFE: Pooled Separate Account $305,800
Jh Multimanager 2020 Lifetime John Hancock USA DFE: Pooled Separate Account $295,826
Jh Multi-Index 2055 Preserv John Hancock USA DFE: Pooled Separate Account $294,275
Jh Multimanager 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $275,259
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $249,754
Jh Multi-Index 2050 Preserv John Hancock USA DFE: Pooled Separate Account $248,710
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $235,836
T. Rowe Price Equity Inc John Hancock USA DFE: Pooled Separate Account $235,370
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $224,624
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $222,582
Small Cap Value Fund John Hancock USA DFE: Pooled Separate Account $218,105
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $210,412
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $209,377
Fidelity Adv New Insights John Hancock USA DFE: Pooled Separate Account $206,941
Oppenheimer Intl Growth Fund John Hancock USA DFE: Pooled Separate Account $199,657
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $198,778
John Hancock Bond Fund John Hancock USA DFE: Pooled Separate Account $195,940
Jpmorgan Midcap Value Fund John Hancock USA DFE: Pooled Separate Account $188,910
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $187,991
Lord Abbett Value Opps Fund John Hancock USA DFE: Pooled Separate Account $185,389
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $180,226
Jh Multi-Index 2035 Preserv John Hancock USA DFE: Pooled Separate Account $178,620
John Hancock Intl Growth John Hancock USA DFE: Pooled Separate Account $163,323
Federated High Yield Bond John Hancock USA DFE: Pooled Separate Account $161,897
Invesco Small Cap Growth John Hancock USA DFE: Pooled Separate Account $148,714
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $145,684
Jh Multimanager 2050 Lifetime John Hancock USA DFE: Pooled Separate Account $145,671
Templeton World John Hancock USA DFE: Pooled Separate Account $138,272
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $133,563
Jh Multi-Index 2030 Preserv John Hancock USA DFE: Pooled Separate Account $132,668
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $127,876
Amg Managers Fairpointe Midcap John Hancock USA DFE: Pooled Separate Account $124,873
Jpmorgan U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $123,435
Jh Multimanager 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $122,658
Jh Multi-Index 2040 Preserv John Hancock USA DFE: Pooled Separate Account $122,236
Blackrock Basic Value John Hancock USA DFE: Pooled Separate Account $117,739
T. Rowe Price Sml Cap Val John Hancock USA DFE: Pooled Separate Account $116,571
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $113,540
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $109,007
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $108,627
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $105,791
Fidelity Contrafund John Hancock USA DFE: Pooled Separate Account $104,204
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $102,356
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $100,656
Smallcap World Fund John Hancock USA DFE: Pooled Separate Account $94,351
Equity Income Fund John Hancock USA DFE: Pooled Separate Account $93,069
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $91,740
Clearbridge Aggressive Growth John Hancock USA DFE: Pooled Separate Account $89,911
New World Fund John Hancock USA DFE: Pooled Separate Account $88,830
Ft Founding Funds Allocation John Hancock USA DFE: Pooled Separate Account $86,814
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $81,079
New Perspective Fund John Hancock USA DFE: Pooled Separate Account $76,150
Tocqueville Gold Fund John Hancock USA DFE: Pooled Separate Account $74,333
New Opportunities Fund John Hancock USA DFE: Pooled Separate Account $61,998
High Yield Fund John Hancock USA DFE: Pooled Separate Account $58,498
T. Rowe Price New Era Fund John Hancock USA DFE: Pooled Separate Account $57,340
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $55,300
Pgim Jennison Mid Cap Growth John Hancock USA DFE: Pooled Separate Account $45,250
Utilities Fund John Hancock USA DFE: Pooled Separate Account $36,605
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $36,306
Mfs Massachusetts Investors John Hancock USA DFE: Pooled Separate Account $35,220
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $35,120
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $33,415
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $23,406
Parnassus Core Equity Fund John Hancock USA DFE: Pooled Separate Account $20,319
American Century Heritage John Hancock USA DFE: Pooled Separate Account $19,411
Jh Multimanager 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $18,337
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $15,794
International Value Fund John Hancock USA DFE: Pooled Separate Account $15,649
Fidelity Adv Leveraged Co Stk John Hancock USA DFE: Pooled Separate Account $15,449
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $11,617
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $9,283
Vanguard Small Cap Value Index John Hancock USA DFE: Pooled Separate Account $8,465
Invesco International Growth John Hancock USA DFE: Pooled Separate Account $8,302
Pimco Global Bond Opps Fund John Hancock USA DFE: Pooled Separate Account $8,256
Keeley Small Cap Value John Hancock USA DFE: Pooled Separate Account $7,634
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $6,417
Us Government Securities John Hancock USA DFE: Pooled Separate Account $6,061
Ivy Asset Strategy Fund John Hancock USA DFE: Pooled Separate Account $5,622
Jh Multi-Index 2060 Preserv John Hancock USA DFE: Pooled Separate Account $5,056
Vanguard Mid-Cap Value Etf John Hancock USA DFE: Pooled Separate Account $4,576
Income Fund of America John Hancock USA DFE: Pooled Separate Account $2,733
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $2,463
Vanguard Explorer Fund John Hancock USA DFE: Pooled Separate Account $1,240
Total $43,889,274

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company 222
EIN 01-0233346
Industry Code 65838
Contract Number 101897
Contract Year 01/01/2018 — 12/31/2018
Value in General Account at Year End $0
Value in Separate Accounts at Year End $43,889,274
Insurance Fees and Commissions $36,562
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Ppg Retirement Plan Services 5525 Green Bay Road Kenosha, WI 53144 Third Party Administrator $0 $26,744 TPA COMPENSATION
R&R Insurance Services 1581 E Racine Ave Waukesha, WI 53186 Other $0 $9,812 AUDIT FEES
T. Rowe Price 100 East Pratt Street Baltimore, MD 21202 Investment Company/Mutual Fund $0 $6 REDEMPTION FEES
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0