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EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER 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 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

MULTI-SERVICE CENTER has sponsored the creation of one or more 401k plans.

Company Name:MULTI-SERVICE CENTER
Employer identification number (EIN):237120815
NAIC Classification:624100
NAIC Description: Individual and Family Services

Additional information about MULTI-SERVICE CENTER

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1971-07-01
Company Identification Number: 600522236
Legal Registered Office Address: 1200 S 336TH ST

FEDERAL WAY
United States of America (USA)
980036347

More information about MULTI-SERVICE CENTER

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-07-01NANCY SCHNEIDER2024-01-31
0022021-07-01NANCY SCHNEIDER2023-04-14
0022020-07-01
0022019-07-01KIMBERLY BACHERT2020-09-16
0022018-07-01KIMBERLY BACHERT2019-09-10
0022017-07-01KIMBERLY BACHERT2019-01-24
0022016-07-01KIMBERLY A BACHERT2018-01-26 KIMBERLY A BACHERT2018-01-26
0022016-01-01KIMBERLY A. BACHERT2017-06-20 KIMBERLY A BACHERT2017-06-20
0022015-07-01KIMBERLY A. BACHERT2016-10-05
0022015-01-01KIMBERLY A. BACHERT2016-07-11 KIMBERLY A BACHERT2016-07-11
0022014-01-01KIMBERLY A. BACHERT2015-06-11
0022013-07-01KIMBERLY A. BACHERT2014-11-18
0022013-01-01KIMBERLY A BACHERT2014-05-14
0022012-07-01KIM BACHERT2013-10-18
0022012-01-01KIMBERLY A. BACHERT2013-06-18
0022011-07-01KIM BACHERT2012-12-18
0022011-01-01KIM BACHERT2012-06-20 KIM BACHERT2012-06-20
0022010-07-01HEATHER WILSON2012-01-04 HEATHER WILSON2012-01-04
0022010-01-01HEATHER WILSON, FINANCE DIRECTOR2011-07-27

Plan Statistics for EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER

Measure Date Value
2020: EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER 2020 401k membership
Total participants, beginning-of-year2020-07-01102
Total number of active participants reported on line 7a of the Form 55002020-07-0170
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-0134
Total of all active and inactive participants2020-07-01104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-010
Total participants2020-07-01104
Number of participants with account balances2020-07-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-07-010

Financial Data on EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER

Measure Date Value
2021 : EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER 2021 401k financial data
Transfers to/from the plan2021-06-30$0
Total plan liabilities at end of year2021-06-30$0
Total plan liabilities at beginning of year2021-06-30$0
Total income from all sources2021-06-30$749,262
Expenses. Total of all expenses incurred2021-06-30$122,655
Benefits paid (including direct rollovers)2021-06-30$122,070
Total plan assets at end of year2021-06-30$2,253,542
Total plan assets at beginning of year2021-06-30$1,626,935
Value of fidelity bond covering the plan2021-06-30$500,000
Total contributions received or receivable from participants2021-06-30$125,476
Expenses. Other expenses not covered elsewhere2021-06-30$585
Contributions received from other sources (not participants or employers)2021-06-30$9,436
Other income received2021-06-30$523,069
Net income (gross income less expenses)2021-06-30$626,607
Net plan assets at end of year (total assets less liabilities)2021-06-30$2,253,542
Net plan assets at beginning of year (total assets less liabilities)2021-06-30$1,626,935
Assets. Value of participant loans2021-06-30$4,041
Total contributions received or receivable from employer(s)2021-06-30$91,281
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-06-30$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER

2020: EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER 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 – InsuranceYes
2020-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number054929K
Policy instance 1
Insurance contract or identification number054929K
Number of Individuals Covered104
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $360
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees360
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3

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