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EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 CENTER FOR PROFESSIONAL ADVANCE MENT has sponsored the creation of one or more 401k plans.

Company Name:THE CENTER FOR PROFESSIONAL ADVANCE MENT
Employer identification number (EIN):221838851
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01LYNN PALLADINO2016-06-02
0022014-01-01LYNN PALLADINO2015-07-02
0022013-01-01LYNN PALLADINO2014-06-19
0022012-01-01LYNN PALLADINO2013-06-21
0022011-01-01LYNN PALLADINO2012-07-06 LYNN PALLADINO2012-07-06
0022010-01-01LYNN PALLADINO2011-07-22 LYNN PALLADINO2011-07-22

Financial Data on EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT 2025 401k financial data
Total liabilities as of the end of the plan year2025-02-040
Total liabilities as of the beginning of the plan year2025-02-040
Total expenses incurred by plan in this plan year2025-02-04236634
Net assets as of the end of the plan year2025-02-044108404
Total assets as of the beginning of the plan year2025-02-043546443
Value of plan covered by a fidelity bond2025-02-04385000
Participant contributions to plan in this plan year2025-02-0489544
Value of participant loans at end of plan year2025-02-042074
Other income to plan in this plan year2025-02-04677830
Plan net income in this plan year2025-02-04561961
Net assets as of the end of the plan year2025-02-044108404
Net assets as of the beginning of the plan year2025-02-043546443
Employer contributions to plan in this plan year2025-02-0431221
Fees paid to broker by Benefit Provider2025-02-049131
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-049131
2024 : EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-24108691
Net assets as of the end of the plan year2024-07-243546443
Total assets as of the beginning of the plan year2024-07-242879776
Value of plan covered by a fidelity bond2024-07-24385000
Participant contributions to plan in this plan year2024-07-24107178
Value of participant loans at end of plan year2024-07-241082
Other income to plan in this plan year2024-07-24633858
Plan net income in this plan year2024-07-24666667
Net assets as of the end of the plan year2024-07-243546443
Net assets as of the beginning of the plan year2024-07-242879776
Employer contributions to plan in this plan year2024-07-2434322
Fees paid to broker by Benefit Provider2024-07-249426
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-247643
2022 : EMPLOYEE BENEFIT PLAN OF THE CENTER FOR PROFESSIONAL ADVANCEMENT 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-1279982
Net assets as of the end of the plan year2022-04-123436445
Total assets as of the beginning of the plan year2022-04-122876042
Value of plan covered by a fidelity bond2022-04-12100000
Participant contributions to plan in this plan year2022-04-12108631
Value of participant loans at end of plan year2022-04-123375
Other income to plan in this plan year2022-04-12500780
Plan net income in this plan year2022-04-12560403
Net assets as of the end of the plan year2022-04-123436445
Net assets as of the beginning of the plan year2022-04-122876042
Employer contributions to plan in this plan year2022-04-1230974
Fees paid to broker by Benefit Provider2022-04-123571
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-1213008

Potentially related plans

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