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FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameFOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN
Plan identification number 001

FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN 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.
  • 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

FOUNDATION FOR MINORITY INTERESTS IN MEDIA has sponsored the creation of one or more 401k plans.

Company Name:FOUNDATION FOR MINORITY INTERESTS IN MEDIA
Employer identification number (EIN):222635292
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHAEL BARHAM2024-04-02 MICHAEL BARHAM2024-04-02
0012022-01-01MICHAEL BARHAM2023-04-12 MICHAEL BARHAM2023-04-12
0012021-01-01MICHAEL BARHAM2022-05-23 MICHAEL BARHAM2022-05-23
0012020-01-01MICHAEL BARHAM2021-09-28 MICHAEL BARHAM2021-09-28
0012019-01-01ROBERT APTER2020-04-30 ROBERT APTER2020-04-30
0012018-01-01RAHSAAN HARRIS2019-03-11 RAHSAAN HARRIS2019-03-11
0012017-01-01RAHSAAN HARRIS2018-04-23 RAHSAAN HARRIS2018-04-23
0012016-01-01RAHSAAN HARRIS2017-10-02 RAHSAAN HARRIS2017-10-02
0012015-01-01RAHSAAN HARRIS2016-10-12 RAHSAAN HARRIS2016-10-12
0012014-01-01RAHSAAN HARRIS2015-08-07 RAHSAAN HARRIS2015-08-07
0012013-01-01PHYLIS EAGLE-OLDSON2014-07-24 PHYLIS EAGLE-OLDSON2014-07-24
0012012-01-01PHYLIS EAGLE-OLDSON2013-04-15 PHYLIS EAGLE-OLDSON2013-04-15
0012011-01-01PHYLIS EAGLE-OLDSON2012-10-10 PHYLIS EAGLE-OLDSON2012-10-10
0012010-01-01PHYLIS EAGLE OLDSON2011-10-14 PHYLIS EAGLE OLDSON2011-10-14

Plan Statistics for FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-02-2517
Total number of particpants at end of year2025-02-2518
Number of Participants With Account Balances2025-02-2518
2024: FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-0215
Total number of particpants at end of year2024-04-0217
Number of Participants With Account Balances2024-04-0217

Financial Data on FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-02-2544249
Net assets as of the end of the plan year2025-02-252963865
Total assets as of the beginning of the plan year2025-02-252584678
Value of plan covered by a fidelity bond2025-02-25500000
Participant contributions to plan in this plan year2025-02-2572734
Other expenses paid from plan in this plan year2025-02-250
Other income to plan in this plan year2025-02-25278122
Plan net income in this plan year2025-02-25379187
Net assets as of the end of the plan year2025-02-252963865
Net assets as of the beginning of the plan year2025-02-252584678
Employer contributions to plan in this plan year2025-02-2572580
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-250
2024 : FOUNDATION FOR MINORITY INTERESTS IN MEDIA 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-0232696
Net assets as of the end of the plan year2024-04-022584678
Total assets as of the beginning of the plan year2024-04-022197108
Value of plan covered by a fidelity bond2024-04-02500000
Participant contributions to plan in this plan year2024-04-0260777
Other contributions to plan in this plan year2024-04-020
Other income to plan in this plan year2024-04-02289930
Plan net income in this plan year2024-04-02387570
Net assets as of the end of the plan year2024-04-022584678
Net assets as of the beginning of the plan year2024-04-022197108
Employer contributions to plan in this plan year2024-04-0269559

Potentially related plans

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