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EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY
Plan identification number 003

EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 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.
  • 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

THE ARC OF SALEM COUNTY has sponsored the creation of one or more 401k plans.

Company Name:THE ARC OF SALEM COUNTY
Employer identification number (EIN):221899378
NAIC Classification:624310
NAIC Description:Vocational Rehabilitation Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01PATRICIA IRWIN2024-07-22
0032022-01-01PATRICIA IRWIN2023-07-24
0032021-01-01PATRICIA IRWIN2022-07-20
0032020-01-01PATRICIA IRWIN2021-07-15
0032019-01-01PATRICIA IRWIN2020-07-22
0032018-01-01PATRICIA IRWIN2019-07-29
0032017-01-01PATRICIA IRWIN2018-10-05 PATRICIA IRWIN2018-10-05
0032016-01-01PATRICIA IRWIN2017-10-09 PATRICIA IRWIN2017-10-09
0032015-01-01PATRICIA IRWIN2016-08-01 PATRICIA IRWIN2016-08-01
0032014-01-01PATRICIA IRWIN2015-10-16 PATRICIA IRWIN2015-10-16
0032014-01-01PATRICIA IRWIN2015-10-16 PATRICIA IRWIN2015-10-15
0032013-01-01PATRICIA IRWIN2014-07-14 PATRICIA IRWIN2014-07-14
0032012-01-01PATRICIA IRWIN2014-02-10 PATRICIA IRWIN2014-02-10
0032011-01-01PATRICIA IRWIN2014-02-10 PATRICIA IRWIN2014-02-10
0032010-01-01JOHN GALLAGHER JOHN GALLAGHER2011-10-10
0032009-01-01JOHN GALLAGHER JOHN GALLAGHER2010-08-02

Financial Data on EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-130
Total liabilities as of the end of the plan year2025-05-130
Total liabilities as of the beginning of the plan year2025-05-130
Total expenses incurred by plan in this plan year2025-05-13110
Net assets as of the end of the plan year2025-05-13722763
Total assets as of the beginning of the plan year2025-05-13610474
Value of plan covered by a fidelity bond2025-05-13300000
Participant contributions to plan in this plan year2025-05-1322272
Other expenses paid from plan in this plan year2025-05-130
Other contributions to plan in this plan year2025-05-130
Other income to plan in this plan year2025-05-1390127
Plan net income in this plan year2025-05-13112289
Net assets as of the end of the plan year2025-05-13722763
Net assets as of the beginning of the plan year2025-05-13610474
Employer contributions to plan in this plan year2025-05-130
Fees paid to broker by Benefit Provider2025-05-1359
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-13110
2024 : EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-220
Total liabilities as of the end of the plan year2024-07-220
Total liabilities as of the beginning of the plan year2024-07-220
Total expenses incurred by plan in this plan year2024-07-2296
Net assets as of the end of the plan year2024-07-22610474
Total assets as of the beginning of the plan year2024-07-22499846
Value of plan covered by a fidelity bond2024-07-22300000
Participant contributions to plan in this plan year2024-07-2220489
Other expenses paid from plan in this plan year2024-07-220
Other contributions to plan in this plan year2024-07-220
Other income to plan in this plan year2024-07-2290235
Plan net income in this plan year2024-07-22110628
Net assets as of the end of the plan year2024-07-22610474
Net assets as of the beginning of the plan year2024-07-22499846
Employer contributions to plan in this plan year2024-07-220
Fees paid to broker by Benefit Provider2024-07-2296
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-2296
2010 : EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 2010 401k financial data
Total income from all sources2010-12-31$51,107
Expenses. Total of all expenses incurred2010-12-31$6,319
Total plan assets at end of year2010-12-31$331,236
Total plan assets at beginning of year2010-12-31$286,448
Total contributions received or receivable from participants2010-12-31$32,662
Other income received2010-12-31$18,445
Net income (gross income less expenses)2010-12-31$44,788
Net plan assets at end of year (total assets less liabilities)2010-12-31$331,236
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$286,448
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$6,319

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY

2010: EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: EMPLOYEE BENEFIT PLAN OF THE ARC OF SALEM COUNTY 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number008058-E
Policy instance 1

Potentially related plans

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