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THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN 401k Plan overview

Plan NameTHE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN
Plan identification number 002

THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) 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.
  • 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.
  • 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

PROGRESSIVE BUSINESS LEADERS NETWORK IN has sponsored the creation of one or more 401k plans.

Company Name:PROGRESSIVE BUSINESS LEADERS NETWORK IN
Employer identification number (EIN):260847220
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01QIAN LIU2024-05-03
0022022-02-08CHRISTINE RIMER2023-05-27

Plan Statistics for THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN

401k plan membership statisitcs for THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN

Measure Date Value
2025: THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-062
Total number of particpants at end of year2025-06-061
Number of Participants With Account Balances2025-06-061
2024: THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-034
Total number of particpants at end of year2024-05-032
Number of Participants With Account Balances2024-05-032

Financial Data on THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN

Measure Date Value
2025 : THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-060
Total liabilities as of the end of the plan year2025-06-060
Total liabilities as of the beginning of the plan year2025-06-060
Total expenses incurred by plan in this plan year2025-06-068806
Net assets as of the end of the plan year2025-06-0615182
Total assets as of the beginning of the plan year2025-06-0621631
Value of plan covered by a fidelity bond2025-06-06917471694
Participant contributions to plan in this plan year2025-06-060
Other expenses paid from plan in this plan year2025-06-060
Other contributions to plan in this plan year2025-06-060
Other income to plan in this plan year2025-06-062357
Plan net income in this plan year2025-06-06-6449
Net assets as of the end of the plan year2025-06-0615182
Net assets as of the beginning of the plan year2025-06-0621631
Value of contributions failed to transmitted timely2025-06-060
Employer contributions to plan in this plan year2025-06-060
Fees paid to broker by Benefit Provider2025-06-060
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-0682
2024 : THE ALLIANCE FOR BUSINESS LEADERSHIP 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-030
Total liabilities as of the end of the plan year2024-05-030
Total liabilities as of the beginning of the plan year2024-05-030
Total expenses incurred by plan in this plan year2024-05-0373568
Net assets as of the end of the plan year2024-05-0321631
Total assets as of the beginning of the plan year2024-05-0378161
Value of plan covered by a fidelity bond2024-05-03705050000
Participant contributions to plan in this plan year2024-05-037925
Other expenses paid from plan in this plan year2024-05-030
Other contributions to plan in this plan year2024-05-030
Other income to plan in this plan year2024-05-036493
Plan net income in this plan year2024-05-03-56530
Net assets as of the end of the plan year2024-05-0321631
Net assets as of the beginning of the plan year2024-05-0378161
Value of contributions failed to transmitted timely2024-05-03371
Employer contributions to plan in this plan year2024-05-032620
Fees paid to broker by Benefit Provider2024-05-030
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-03123

Potentially related plans

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