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SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN 401k Plan overview

Plan NameSOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN
Plan identification number 001

SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock 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

SOUTHERN TIER LIBRARY SYSTEM has sponsored the creation of one or more 401k plans.

Company Name:SOUTHERN TIER LIBRARY SYSTEM
Employer identification number (EIN):160836935
NAIC Classification:519100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ANGELA BATES2024-05-15 ANGELA BATES2024-05-15
0012023-01-01BRIAN HILDRETH2024-09-26 BRIAN HILDRETH2024-09-26
0012022-01-01BRIAN HILDRETH2023-05-08

Plan Statistics for SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN

401k plan membership statisitcs for SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN

Measure Date Value
2025: SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-1133
Total number of particpants at end of year2025-06-1126
Number of Participants With Account Balances2025-06-111
Total number of particpants at beginning of year2025-04-3033
Total number of particpants at end of year2025-04-3026
Number of Participants With Account Balances2025-04-301
2024: SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-2720
Total number of particpants at end of year2024-09-2733
Number of Participants With Account Balances2024-09-271

Financial Data on SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN

Measure Date Value
2025 : SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-06-110
Total expenses incurred by plan in this plan year2025-06-1190
Net assets as of the end of the plan year2025-06-1120348
Total assets as of the beginning of the plan year2025-06-1112167
Participant contributions to plan in this plan year2025-06-116638
Other income to plan in this plan year2025-06-111633
Plan net income in this plan year2025-06-118181
Net assets as of the end of the plan year2025-06-1120348
Net assets as of the beginning of the plan year2025-06-1112167
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-1190
Total liabilities as of the beginning of the plan year2025-04-300
Total expenses incurred by plan in this plan year2025-04-3090
Net assets as of the end of the plan year2025-04-3020348
Total assets as of the beginning of the plan year2025-04-3012167
Value of plan covered by a fidelity bond2025-04-30100000
Participant contributions to plan in this plan year2025-04-306638
Other income to plan in this plan year2025-04-301633
Plan net income in this plan year2025-04-308181
Net assets as of the end of the plan year2025-04-3020348
Net assets as of the beginning of the plan year2025-04-3012167
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-3090
2024 : SOUTHERN TIER LIBRARY SYSTEM 403(B) RETIREMENT PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-09-270
Total expenses incurred by plan in this plan year2024-09-2790
Net assets as of the end of the plan year2024-09-2712167
Total assets as of the beginning of the plan year2024-09-274844
Participant contributions to plan in this plan year2024-09-275990
Other income to plan in this plan year2024-09-271423
Plan net income in this plan year2024-09-277323
Net assets as of the end of the plan year2024-09-2712167
Net assets as of the beginning of the plan year2024-09-274844
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-2790

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