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PENSION PLAN OF METHODIST CHURCH HOME 401k Plan overview

Plan NamePENSION PLAN OF METHODIST CHURCH HOME
Plan identification number 001

PENSION PLAN OF METHODIST CHURCH HOME Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
  • 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

METHODIST CHURCH HOME has sponsored the creation of one or more 401k plans.

Company Name:METHODIST CHURCH HOME
Employer identification number (EIN):131740003
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN OF METHODIST CHURCH HOME

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARIA PEREZ2024-10-11
0012022-01-01MARIA PEREZ2023-07-24
0012021-01-01MARIA PEREZ2022-07-19
0012020-01-01MARIA PEREZ2021-07-19
0012019-01-01MARIA PEREZ2020-04-13
0012018-01-01MARIA PEREZ2019-04-09
0012017-01-01MARIA PEREZ2018-07-27
0012016-01-01MARIA PEREZ2017-10-10
0012015-01-01MARIA PEREZ2016-05-05
0012014-01-01MARIA PEREZ2015-07-30
0012013-01-01MARIA PEREZ2014-10-01
0012012-01-01MARIA PEREZ2013-08-21
0012011-01-01MARIA PEREZ2012-10-04
0012010-01-01MARIA PEREZ2011-10-11
0012009-01-01MARIA PEREZ
0012009-01-01JAMES GALGANO

Financial Data on PENSION PLAN OF METHODIST CHURCH HOME

Measure Date Value
2025 : PENSION PLAN OF METHODIST CHURCH HOME 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-070
Total liabilities as of the beginning of the plan year2025-10-070
Total expenses incurred by plan in this plan year2025-10-07261203
Net assets as of the end of the plan year2025-10-074610095
Total assets as of the beginning of the plan year2025-10-074563463
Value of plan covered by a fidelity bond2025-10-071000000
Participant contributions to plan in this plan year2025-10-070
Other expenses paid from plan in this plan year2025-10-070
Other contributions to plan in this plan year2025-10-070
Other income to plan in this plan year2025-10-07307835
Plan net income in this plan year2025-10-0746632
Net assets as of the end of the plan year2025-10-074610095
Net assets as of the beginning of the plan year2025-10-074563463
Employer contributions to plan in this plan year2025-10-070
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-071600
2024 : PENSION PLAN OF METHODIST CHURCH HOME 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-110
Total liabilities as of the end of the plan year2024-10-110
Total liabilities as of the beginning of the plan year2024-10-110
Total expenses incurred by plan in this plan year2024-10-11257325
Net assets as of the end of the plan year2024-10-114563463
Total assets as of the beginning of the plan year2024-10-114506925
Value of plan covered by a fidelity bond2024-10-111000000
Participant contributions to plan in this plan year2024-10-110
Other expenses paid from plan in this plan year2024-10-110
Other contributions to plan in this plan year2024-10-110
Other income to plan in this plan year2024-10-11313863
Plan net income in this plan year2024-10-1156538
Net assets as of the end of the plan year2024-10-114563463
Net assets as of the beginning of the plan year2024-10-114506925
Employer contributions to plan in this plan year2024-10-110
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-111700
2011 : PENSION PLAN OF METHODIST CHURCH HOME 2011 401k financial data
Total income from all sources2011-12-31$208,448
Expenses. Total of all expenses incurred2011-12-31$25,573
Benefits paid (including direct rollovers)2011-12-31$25,056
Total plan assets at end of year2011-12-31$1,111,935
Total plan assets at beginning of year2011-12-31$929,060
Total contributions received or receivable from participants2011-12-31$132,561
Contributions received from other sources (not participants or employers)2011-12-31$5,000
Other income received2011-12-31$-24,186
Net income (gross income less expenses)2011-12-31$182,875
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,111,935
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$929,060
Assets. Value of participant loans2011-12-31$28,358
Total contributions received or receivable from employer(s)2011-12-31$95,073
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$517
2010 : PENSION PLAN OF METHODIST CHURCH HOME 2010 401k financial data
Total income from all sources2010-12-31$323,950
Expenses. Total of all expenses incurred2010-12-31$26,753
Benefits paid (including direct rollovers)2010-12-31$26,258
Total plan assets at end of year2010-12-31$929,060
Total plan assets at beginning of year2010-12-31$631,863
Total contributions received or receivable from participants2010-12-31$127,992
Other income received2010-12-31$97,483
Net income (gross income less expenses)2010-12-31$297,197
Net plan assets at end of year (total assets less liabilities)2010-12-31$929,060
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$631,863
Assets. Value of participant loans2010-12-31$19,953
Total contributions received or receivable from employer(s)2010-12-31$98,475
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$495
2009 : PENSION PLAN OF METHODIST CHURCH HOME 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for PENSION PLAN OF METHODIST CHURCH HOME

2009: PENSION PLAN OF METHODIST CHURCH HOME 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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