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EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 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

CENTRAL PENNSYLVANIA FOOD BANK has sponsored the creation of one or more 401k plans.

Company Name:CENTRAL PENNSYLVANIA FOOD BANK
Employer identification number (EIN):232202250
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-07-01
0012020-07-01
0012019-07-01
0012018-07-01SHEA SAMAN2020-01-14 SHEA SAMAN2020-01-14
0012017-07-01SHEA SAMAN2019-01-04
0012016-07-01SHEA SAMAN2018-01-04
0012015-07-01SHEA SAMAN2017-01-03
0012014-07-01SHEA SAMAN2016-01-08 SHEA SAMAN2016-01-08
0012013-07-01SHEA S. SAMAN2014-12-24 SHEA S. SAMAN2014-12-24
0012012-07-01SHEA S. SAMAN2013-10-23
0012011-07-01MARSHA A. HOCKER2012-10-11
0012010-07-01MARSHA A. HOCKER2011-11-01

Plan Statistics for EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK

Measure Date Value
2021: EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2021 401k membership
Total participants, beginning-of-year2021-07-01139
Total number of active participants reported on line 7a of the Form 55002021-07-01118
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-0120
Total of all active and inactive participants2021-07-01138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-07-010
Total participants2021-07-01138
Number of participants with account balances2021-07-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-07-011
2020: EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2020 401k membership
Total participants, beginning-of-year2020-07-01134
Total number of active participants reported on line 7a of the Form 55002020-07-01125
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-0113
Total of all active and inactive participants2020-07-01138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-010
Total participants2020-07-01138
Number of participants with account balances2020-07-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-07-011
2019: EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2019 401k membership
Total participants, beginning-of-year2019-07-01121
Total number of active participants reported on line 7a of the Form 55002019-07-01117
Number of retired or separated participants receiving benefits2019-07-012
Number of other retired or separated participants entitled to future benefits2019-07-0114
Total of all active and inactive participants2019-07-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-01133
Number of participants with account balances2019-07-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-07-012

Financial Data on EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK

Measure Date Value
2022 : EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$0
Total income from all sources (including contributions)2022-06-30$-112,945
Total loss/gain on sale of assets2022-06-30$0
Total of all expenses incurred2022-06-30$414,265
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-06-30$413,465
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-06-30$846,438
Value of total assets at end of year2022-06-30$5,217,972
Value of total assets at beginning of year2022-06-30$5,745,182
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-06-30$800
Total interest from all sources2022-06-30$3,960
Total dividends received (eg from common stock, registered investment company shares)2022-06-30$218,580
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2022-06-30$218,580
Was this plan covered by a fidelity bond2022-06-30Yes
Value of fidelity bond cover2022-06-30$500,000
If this is an individual account plan, was there a blackout period2022-06-30No
Were there any nonexempt tranactions with any party-in-interest2022-06-30No
Contributions received from participants2022-06-30$356,699
Participant contributions at end of year2022-06-30$84,788
Participant contributions at beginning of year2022-06-30$118,523
Income. Received or receivable in cash from other sources (including rollovers)2022-06-30$232,773
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-06-30$547
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-06-30$500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Value of net income/loss2022-06-30$-527,210
Value of net assets at end of year (total assets less liabilities)2022-06-30$5,217,972
Value of net assets at beginning of year (total assets less liabilities)2022-06-30$5,745,182
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-06-30No
Were any leases to which the plan was party in default or uncollectible2022-06-30No
Investment advisory and management fees2022-06-30$800
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-06-30$4,910,945
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-06-30$5,409,675
Interest on participant loans2022-06-30$3,960
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-06-30$73,867
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-06-30$69,856
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-06-30$69,856
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-06-30$-1,181,923
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-06-30No
Was there a failure to transmit to the plan any participant contributions2022-06-30No
Has the plan failed to provide any benefit when due under the plan2022-06-30No
Contributions received in cash from employer2022-06-30$256,966
Employer contributions (assets) at end of year2022-06-30$147,825
Employer contributions (assets) at beginning of year2022-06-30$146,628
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-06-30$413,465
Did the plan have assets held for investment2022-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-06-30No
Opinion of an independent qualified public accountant for this plan2022-06-30Unqualified
Accountancy firm name2022-06-30MCKONLY & ASBURY LLP
Accountancy firm EIN2022-06-30231909723
2021 : EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-06-30$0
Total income from all sources (including contributions)2021-06-30$2,108,946
Total loss/gain on sale of assets2021-06-30$0
Total of all expenses incurred2021-06-30$110,711
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-06-30$109,911
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-06-30$886,586
Value of total assets at end of year2021-06-30$5,745,182
Value of total assets at beginning of year2021-06-30$3,746,947
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-06-30$800
Total interest from all sources2021-06-30$5,045
Total dividends received (eg from common stock, registered investment company shares)2021-06-30$123,876
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2021-06-30$123,876
Was this plan covered by a fidelity bond2021-06-30Yes
Value of fidelity bond cover2021-06-30$500,000
If this is an individual account plan, was there a blackout period2021-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-06-30$0
Were there any nonexempt tranactions with any party-in-interest2021-06-30No
Contributions received from participants2021-06-30$307,343
Participant contributions at end of year2021-06-30$118,523
Participant contributions at beginning of year2021-06-30$135,668
Income. Received or receivable in cash from other sources (including rollovers)2021-06-30$341,777
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-06-30$500
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-06-30$419
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-06-30No
Value of net income/loss2021-06-30$1,998,235
Value of net assets at end of year (total assets less liabilities)2021-06-30$5,745,182
Value of net assets at beginning of year (total assets less liabilities)2021-06-30$3,746,947
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-06-30No
Were any leases to which the plan was party in default or uncollectible2021-06-30No
Investment advisory and management fees2021-06-30$800
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-06-30$5,409,675
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-06-30$3,404,498
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-06-30$69,856
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-06-30$79,566
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-06-30$79,566
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-06-30$5,045
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-06-30$1,093,439
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-06-30No
Was there a failure to transmit to the plan any participant contributions2021-06-30No
Has the plan failed to provide any benefit when due under the plan2021-06-30No
Contributions received in cash from employer2021-06-30$237,466
Employer contributions (assets) at end of year2021-06-30$146,628
Employer contributions (assets) at beginning of year2021-06-30$126,796
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-06-30$109,911
Did the plan have assets held for investment2021-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-06-30No
Opinion of an independent qualified public accountant for this plan2021-06-30Disclaimer
Accountancy firm name2021-06-30MCKONLY & ASBURY LLP
Accountancy firm EIN2021-06-30231909723
2020 : EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-06-30$0
Total income from all sources (including contributions)2020-06-30$689,027
Total loss/gain on sale of assets2020-06-30$0
Total of all expenses incurred2020-06-30$217,955
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-06-30$216,705
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-06-30$560,538
Value of total assets at end of year2020-06-30$3,746,947
Value of total assets at beginning of year2020-06-30$3,275,875
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-06-30$1,250
Total interest from all sources2020-06-30$3,896
Total dividends received (eg from common stock, registered investment company shares)2020-06-30$127,455
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2020-06-30$127,455
Was this plan covered by a fidelity bond2020-06-30Yes
Value of fidelity bond cover2020-06-30$500,000
If this is an individual account plan, was there a blackout period2020-06-30No
Were there any nonexempt tranactions with any party-in-interest2020-06-30No
Contributions received from participants2020-06-30$262,261
Participant contributions at end of year2020-06-30$135,668
Participant contributions at beginning of year2020-06-30$68,982
Income. Received or receivable in cash from other sources (including rollovers)2020-06-30$88,480
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-06-30$419
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-06-30$435
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-06-30No
Value of net income/loss2020-06-30$471,072
Value of net assets at end of year (total assets less liabilities)2020-06-30$3,746,947
Value of net assets at beginning of year (total assets less liabilities)2020-06-30$3,275,875
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-06-30No
Were any leases to which the plan was party in default or uncollectible2020-06-30No
Investment advisory and management fees2020-06-30$1,250
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-06-30$3,404,498
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-06-30$3,033,648
Interest on participant loans2020-06-30$3,896
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-06-30$79,566
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-06-30$70,997
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-06-30$70,997
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-06-30$-2,862
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-06-30No
Was there a failure to transmit to the plan any participant contributions2020-06-30No
Has the plan failed to provide any benefit when due under the plan2020-06-30No
Contributions received in cash from employer2020-06-30$209,797
Employer contributions (assets) at end of year2020-06-30$126,796
Employer contributions (assets) at beginning of year2020-06-30$101,813
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-06-30$216,705
Did the plan have assets held for investment2020-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-06-30Yes
Opinion of an independent qualified public accountant for this plan2020-06-30Disclaimer
Accountancy firm name2020-06-30MCKONLY & ASBURY LLP
Accountancy firm EIN2020-06-30221909723

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK

2021: EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01Submission has been amendedNo
2021-07-01This submission is the final filingNo
2021-07-01This return/report is a short plan year return/report (less than 12 months)No
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement - TrustYes
2020: EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingNo
2020-07-01This return/report is a short plan year return/report (less than 12 months)No
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes
2019: EMPLOYEE BENEFIT PLAN OF CENTRAL PENNSYLVANIA FOOD BANK 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes

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