Logo

BUSINESS & CAREER SERVICES, INC. 401(K) PLAN 401k Plan overview

Plan NameBUSINESS & CAREER SERVICES, INC. 401(K) PLAN
Plan identification number 001

BUSINESS & CAREER SERVICES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • 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

THE WORKFORCE BOARD OF NORTHERN COOK COUNTY, INC has sponsored the creation of one or more 401k plans.

Company Name:THE WORKFORCE BOARD OF NORTHERN COOK COUNTY, INC
Employer identification number (EIN):200287758
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUSINESS & CAREER SERVICES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-07-01LISA MAENTZ2024-04-12 LISA MAENTZ2024-04-12
0012021-07-01LISA MAENTZ2023-02-28 LISA MAENTZ2023-02-28
0012020-07-01LISA MAENTZ2022-04-07 LISA MAENTZ2022-04-07
0012019-07-01ALGIRDAS SAULYS2021-04-09 ALGIRDAS SAULYS2021-04-09
0012018-07-01
0012017-07-01ALGIRDAS SAULYS ALGIRDAS SAULYS2019-01-22
0012016-07-01ALGIRDAS SAULYS2018-01-11 ALGIRDAS SAULYS2018-01-11
0012015-07-01ALGIRDAS V SAULYS2017-01-18 ALGIRDAS V SAULYS2017-01-18
0012014-07-01ALGIRDAS SAULYS2016-04-12 ALGIRDAS SAULYS2016-04-12
0012013-07-01ALGIRDAS SAULYS2015-01-26 ALGIRDAS SAULYS2015-01-26

Financial Data on BUSINESS & CAREER SERVICES, INC. 401(K) PLAN

Measure Date Value
2025 : BUSINESS & CAREER SERVICES, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-04-140
Total expenses incurred by plan in this plan year2025-04-14258225
Net assets as of the end of the plan year2025-04-142194330
Total assets as of the beginning of the plan year2025-04-142103587
Participant contributions to plan in this plan year2025-04-1463177
Other contributions to plan in this plan year2025-04-140
Other income to plan in this plan year2025-04-14241101
Plan net income in this plan year2025-04-1490743
Net assets as of the end of the plan year2025-04-142194330
Net assets as of the beginning of the plan year2025-04-142103587
Value of contributions failed to transmitted timely2025-04-1446326
Employer contributions to plan in this plan year2025-04-1444690
Fees paid to broker by Benefit Provider2025-04-146585
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-1415565
2019 : BUSINESS & CAREER SERVICES, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources2019-06-30$167,465
Expenses. Total of all expenses incurred2019-06-30$24
Benefits paid (including direct rollovers)2019-06-30$0
Total plan assets at end of year2019-06-30$1,799,906
Total plan assets at beginning of year2019-06-30$1,632,465
Total contributions received or receivable from participants2019-06-30$47,973
Contributions received from other sources (not participants or employers)2019-06-30$0
Other income received2019-06-30$84,732
Net income (gross income less expenses)2019-06-30$167,441
Net plan assets at end of year (total assets less liabilities)2019-06-30$1,799,906
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$1,632,465
Assets. Value of participant loans2019-06-30$22,056
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022019-06-30$16,846
Total contributions received or receivable from employer(s)2019-06-30$34,760
Value of corrective distributions2019-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-06-30$24
2018 : BUSINESS & CAREER SERVICES, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources2018-06-30$186,242
Expenses. Total of all expenses incurred2018-06-30$26,238
Benefits paid (including direct rollovers)2018-06-30$25,879
Total plan assets at end of year2018-06-30$1,632,465
Total plan assets at beginning of year2018-06-30$1,472,461
Total contributions received or receivable from participants2018-06-30$47,844
Other income received2018-06-30$106,904
Net income (gross income less expenses)2018-06-30$160,004
Net plan assets at end of year (total assets less liabilities)2018-06-30$1,632,465
Net plan assets at beginning of year (total assets less liabilities)2018-06-30$1,472,461
Assets. Value of participant loans2018-06-30$27,823
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022018-06-30$15,224
Total contributions received or receivable from employer(s)2018-06-30$31,494
Expenses. Administrative service providers (salaries,fees and commissions)2018-06-30$359

Form 5500 Responses for BUSINESS & CAREER SERVICES, INC. 401(K) PLAN

2018: BUSINESS & CAREER SERVICES, INC. 401(K) PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – InsuranceYes
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement – InsuranceYes
2018-07-01Plan benefit arrangement - TrustYes
2017: BUSINESS & CAREER SERVICES, INC. 401(K) PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – InsuranceYes
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement – InsuranceYes
2017-07-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number103524
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number103524
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1