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FORM 5500 DATA

Greenway Group Associates Llc 401k Plan

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan04/01/2000
  • Net Assets as of 12/31/2017 $1,726,955
  • 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 12/31/2017

  • Active (Eligible) Participants55
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits43
  • Subtotal98
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total98
  • Total number of participants as of 01/01/2017120
  • Number of participants with account balances67
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1

Expenses

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

Sponsor Information

  • Address107 W Glebe Road
  • CityAlexandria
  • StateVA
  • Zip22305-2625
  • Telephone(703) 684-8888
  • EIN54-1899754
  • Industry Code441110
  • Named AdministratorShilo Cage

Audit Information

  • Audit StatusAudited
  • AuditorHomes, Lowry, Horn & Johnson, Ltd
  • Auditor EIN54-0975470
  • 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? Yes $32,593
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 $268,965
Contributions $95,807
Cash Contributions $95,807
Cash from Employers $0
Cash from Participants $95,807
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $173,158
Total Interest $9,183
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,978
Interest from Other Investments $6,205
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 $164,519
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 $-544
Other Income $0
Expenses $202,444
Total Benefit Payments $190,739
Directly to participants or beneficiaries, including direct rollovers $190,739
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 $11,705
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $11,705
Net Income $66,521
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $1,744,595 $1,676,071 4.09%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $2,076 $2,651 -21.69%
Employer Contributions $0 $0 0.0%
Participant Contributions $2,076 $2,651 -21.69%
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 $41,022 $104,526 -60.75%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,147,329 $1,046,656 9.62%
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 $554,168 $522,238 6.11%
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 $17,640 $15,637 12.81%
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) $17,640 $15,637 12.81%
Net Assets $1,726,955 $1,660,434 4.01%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Transamerica Life Insurance Company

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
Transamerica Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Investment management fees paid indirectly by plan, Float revenue, Recordkeeping fees, Other insurance wrap fees Recordkeeper $11,705 $0 $11,705
Total $11,705 $0 $11,705

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
Transamerica Longhorznretopt Transamerica Life Insurance Co. DFE: Pooled Separate Account $299,531
Transamerica Intlnhrznretopt Transamerica Life Insurance Co. DFE: Pooled Separate Account $154,297
Ta Blackrock Lifepath Index 2020 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $115,743
American Funds Growth Fund of Ameri Transamerica Life Insurance Co. DFE: Pooled Separate Account $71,272
Transamerica Shrinthorretopt Transamerica Life Insurance Co. DFE: Pooled Separate Account $59,643
Ssga S&P Mid Cap Index Ret Opt Transamerica Life Insurance Co. DFE: Pooled Separate Account $52,247
Transamerica Shrthorznretopt Transamerica Life Insurance Co. DFE: Pooled Separate Account $47,735
Amer Funds Fundamental Investors In Transamerica Life Insurance Co. DFE: Pooled Separate Account $45,266
American Century Government Bond Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $38,283
Transamerica Mid Cap Val Opportunit Transamerica Life Insurance Co. DFE: Pooled Separate Account $34,196
Ssga Russell Small Cap Index Ret Op Transamerica Life Insurance Co. DFE: Pooled Separate Account $31,558
Amer Funds Europacific Growth Ret O Transamerica Life Insurance Co. DFE: Pooled Separate Account $31,545
Transamerica Intermhrzretopt Transamerica Life Insurance Co. DFE: Pooled Separate Account $29,109
Transamerica Partners Stock Index R Transamerica Life Insurance Co. DFE: Pooled Separate Account $25,154
Pioneer Disciplined Value Ret Opt Transamerica Life Insurance Co. DFE: Pooled Separate Account $24,209
American Funds Balanced Inv Opt Transamerica Life Insurance Co. DFE: Pooled Separate Account $23,536
American Funds New Perspective Inv Transamerica Life Insurance Co. DFE: Pooled Separate Account $16,310
Jpmorgan Core Bond Ret Opt Transamerica Life Insurance Co. DFE: Pooled Separate Account $14,862
Ta Blackrock Lifepath Index Retirem Transamerica Life Insurance Co. DFE: Pooled Separate Account $13,297
Ta Blackrock Lifepath Index 2055 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $10,724
Ssga International Index Ret Opt Transamerica Life Insurance Co. DFE: Pooled Separate Account $3,667
Ta Blackrock Lifepath Index 2035 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $2,099
Invesco Small Cap Growth Inv Opt Transamerica Life Insurance Co. DFE: Pooled Separate Account $1,908
Ta Blackrock Lifepath Index 2045 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $696
Ta Blackrock Lifepath Index 2025 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $442
Ta Blackrock Lifepath Index 2030 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $0
Ta Blackrock Lifepath Index 2040 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $0
Ta Blackrock Lifepath Index 2050 Re Transamerica Life Insurance Co. DFE: Pooled Separate Account $0
Total $1,147,329

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Transamerica Life Insurance Company 67
EIN 39-0989781
Industry Code 86231
Contract Number 996331
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $554,168
Value in Separate Accounts at Year End $1,147,329
Insurance Fees and Commissions $4,165
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Lpl Financial Corporation Joseph F. Denoyior San Diego, CA 92121 -3091 Insurance Agent or Broker $4,165 $0
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 STABLE VALUE OPTION
Balance at the end of the previous year $522,238
Additions $59,211
Contributions Deposited during the year $38,724
Dividends and credits $0
Interest credited during the year $6,218
Transferred from separate account $0
Other $14,269
Total of Balance and Additions $581,449
Deductions $27,281
Disbursed from fund to pay benefits or purchase annuities during the year $22,936
Administration charge made by carrier $4,345
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $554,168