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EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC
Plan identification number 003

EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC 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).
  • Money purchase (other than target benefit)
  • 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.
  • 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

BETTER BEGINNINGS DAY CARE has sponsored the creation of one or more 401k plans.

Company Name:BETTER BEGINNINGS DAY CARE
Employer identification number (EIN):221989487
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032009-07-01LUZ HORTA

Plan Statistics for EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC

Measure Date Value
2009: EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC 2009 401k membership
Total participants, beginning-of-year2009-07-0122
Total number of active participants reported on line 7a of the Form 55002009-07-0114
Number of other retired or separated participants entitled to future benefits2009-07-017
Total of all active and inactive participants2009-07-0121
Total participants2009-07-0121
Number of participants with account balances2009-07-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-011

Financial Data on EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC

Measure Date Value
2011 : EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC 2011 401k financial data
Total income from all sources2011-06-30$23,597
Expenses. Total of all expenses incurred2011-06-30$247,442
Benefits paid (including direct rollovers)2011-06-30$246,782
Total plan assets at end of year2011-06-30$0
Total plan assets at beginning of year2011-06-30$223,845
Expenses. Other expenses not covered elsewhere2011-06-30$660
Other income received2011-06-30$5,403
Net income (gross income less expenses)2011-06-30$-223,845
Net plan assets at end of year (total assets less liabilities)2011-06-30$0
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$223,845
Total contributions received or receivable from employer(s)2011-06-30$18,194

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC

2009: EMPLOYEE BENEFIT PLAN OF BETTER BEGINNINGS CHILD DEVELOPMENT CENTER INC 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Plan funding arrangement – InsuranceYes
2009-07-01Plan benefit arrangement – InsuranceYes

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