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BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN 401k Plan overview

Plan NameBOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN
Plan identification number 002

BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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

BOYS & GIRLS CLUBS OF SOUTHERN MAINE has sponsored the creation of one or more 401k plans.

Company Name:BOYS & GIRLS CLUBS OF SOUTHERN MAINE
Employer identification number (EIN):010211543
NAIC Classification:624410
NAIC Description:Child Day Care Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01BRIAN ELOWE2024-10-01
0022022-01-01

Plan Statistics for BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN

401k plan membership statisitcs for BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN

Measure Date Value
2025: BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-0968
Total number of particpants at end of year2025-07-0973
Number of Participants With Account Balances2025-07-0953
2024: BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0157
Total number of particpants at end of year2024-10-0151
Number of Participants With Account Balances2024-10-0148

Financial Data on BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN

Measure Date Value
2025 : BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-09114969
Net assets as of the end of the plan year2025-07-091711505
Total assets as of the beginning of the plan year2025-07-091519069
Value of plan covered by a fidelity bond2025-07-09400000
Participant contributions to plan in this plan year2025-07-0944039
Other contributions to plan in this plan year2025-07-090
Other income to plan in this plan year2025-07-09191391
Plan net income in this plan year2025-07-09192436
Net assets as of the end of the plan year2025-07-091711505
Net assets as of the beginning of the plan year2025-07-091519069
Employer contributions to plan in this plan year2025-07-0971975
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-098586
2024 : BOYS & GIRLS CLUBS OF SOUTHERN MAINE 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-01140990
Net assets as of the end of the plan year2024-10-011519069
Total assets as of the beginning of the plan year2024-10-011366065
Value of plan covered by a fidelity bond2024-10-01400000
Participant contributions to plan in this plan year2024-10-0152225
Other contributions to plan in this plan year2024-10-015274
Other income to plan in this plan year2024-10-01161875
Plan net income in this plan year2024-10-01153004
Net assets as of the end of the plan year2024-10-011519069
Net assets as of the beginning of the plan year2024-10-011366065
Employer contributions to plan in this plan year2024-10-0174620
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-018529

Potentially related plans

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