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TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC. 401k Plan overview

Plan NameTAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC.
Plan identification number 001

TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC. 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.
  • 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

THE WELLSPRING FOUNDATION INC has sponsored the creation of one or more 401k plans.

Company Name:THE WELLSPRING FOUNDATION INC
Employer identification number (EIN):061014227
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01LAURIE COLLINS2024-12-30
0012023-01-01LAURIE COLLINS2024-09-06
0012022-01-01LAURIE COLLINS2023-09-20
0012021-01-01KENITRA JOHNSON2022-09-08
0012020-01-01MARCIA GEDDES2021-10-12

Plan Statistics for TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC.

401k plan membership statisitcs for TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC.

Measure Date Value
2024: TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC. 2024 401k membership
Total number of particpants at beginning of year2024-12-30138
Total number of particpants at end of year2024-12-30139
Number of Participants With Account Balances2024-12-3062
Total number of particpants at beginning of year2024-09-0666
Total number of particpants at end of year2024-09-06138
Number of Participants With Account Balances2024-09-0664

Financial Data on TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC.

Measure Date Value
2024 : TAX DEFERRED ANNUITY PLAN OF THE WELLSPRING FOUNDATION, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-12-300
Total liabilities as of the end of the plan year2024-12-300
Total liabilities as of the beginning of the plan year2024-12-300
Total expenses incurred by plan in this plan year2024-12-30568713
Net assets as of the end of the plan year2024-12-303202927
Total assets as of the beginning of the plan year2024-12-303323727
Value of plan covered by a fidelity bond2024-12-30376315
Participant contributions to plan in this plan year2024-12-30144429
Other expenses paid from plan in this plan year2024-12-300
Other contributions to plan in this plan year2024-12-300
Other income to plan in this plan year2024-12-30303484
Plan net income in this plan year2024-12-30-120800
Net assets as of the end of the plan year2024-12-303202927
Net assets as of the beginning of the plan year2024-12-303323727
Employer contributions to plan in this plan year2024-12-300
Expensese paid to adminstrative service provicers from plan in this plan year2024-12-30279
Total expenses incurred by plan in this plan year2024-09-06782855
Net assets as of the end of the plan year2024-09-063323727
Total assets as of the beginning of the plan year2024-09-063474776
Value of plan covered by a fidelity bond2024-09-06376315
Participant contributions to plan in this plan year2024-09-06224798
Other expenses paid from plan in this plan year2024-09-06355
Other contributions to plan in this plan year2024-09-062384
Other income to plan in this plan year2024-09-06404624
Plan net income in this plan year2024-09-06-151049
Net assets as of the end of the plan year2024-09-063323727
Net assets as of the beginning of the plan year2024-09-063474776
Employer contributions to plan in this plan year2024-09-060
Fees paid to broker by Benefit Provider2024-09-0644
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-060

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