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TURNING POINT CENTERS 401(K) 401k Plan overview

Plan NameTURNING POINT CENTERS 401(K)
Plan identification number 001

TURNING POINT CENTERS 401(K) 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).
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

TURNING POINT CENTERS, LLC has sponsored the creation of one or more 401k plans.

Company Name:TURNING POINT CENTERS, LLC
Employer identification number (EIN):260141602
NAIC Classification:621420
NAIC Description:Outpatient Mental Health and Substance Abuse Centers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TURNING POINT CENTERS 401(K)

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CODY ODOM2024-10-15

Financial Data on TURNING POINT CENTERS 401(K)

Measure Date Value
2025 : TURNING POINT CENTERS 401(K) 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-080
Total liabilities as of the beginning of the plan year2025-10-080
Total expenses incurred by plan in this plan year2025-10-08157619
Net assets as of the end of the plan year2025-10-0889154
Total assets as of the beginning of the plan year2025-10-08193919
Participant contributions to plan in this plan year2025-10-0816299
Other income to plan in this plan year2025-10-0823858
Plan net income in this plan year2025-10-08-104765
Net assets as of the end of the plan year2025-10-0889154
Net assets as of the beginning of the plan year2025-10-08193919
Employer contributions to plan in this plan year2025-10-0812697
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-085909
2024 : TURNING POINT CENTERS 401(K) 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-150
Total expenses incurred by plan in this plan year2024-10-158823
Net assets as of the end of the plan year2024-10-15193919
Total assets as of the beginning of the plan year2024-10-150
Participant contributions to plan in this plan year2024-10-15117978
Value of participant loans at end of plan year2024-10-151400
Other expenses paid from plan in this plan year2024-10-150
Other contributions to plan in this plan year2024-10-150
Other income to plan in this plan year2024-10-1510966
Plan net income in this plan year2024-10-15193919
Net assets as of the end of the plan year2024-10-15193919
Net assets as of the beginning of the plan year2024-10-150
Employer contributions to plan in this plan year2024-10-1573798
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-154247

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