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SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC. 401k Plan overview

Plan NameSPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC.
Plan identification number 001

SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC. 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.
  • 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

MODESTO CONVENTION AND VISITORS BUREAU has sponsored the creation of one or more 401k plans.

Company Name:MODESTO CONVENTION AND VISITORS BUREAU
Employer identification number (EIN):300167216
NAIC Classification:541214
NAIC Description:Payroll Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-10-01
0012022-01-01SHERYL SOUTHWICK2022-10-07
0012022-01-01SHERYL SOUTHWICK2022-10-07

Plan Statistics for SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC.

401k plan membership statisitcs for SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC.

Measure Date Value
2025: SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC. 2025 401k membership
Total number of particpants at beginning of year2025-05-156
Total number of particpants at end of year2025-05-157
Number of Participants With Account Balances2025-05-153
2024: SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC. 2024 401k membership
Total number of particpants at beginning of year2024-07-024
Total number of particpants at end of year2024-07-026
Number of Participants With Account Balances2024-07-023

Financial Data on SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC.

Measure Date Value
2025 : SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC. 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-150
Total expenses incurred by plan in this plan year2025-05-15151
Net assets as of the end of the plan year2025-05-15173918
Total assets as of the beginning of the plan year2025-05-15111888
Value of plan covered by a fidelity bond2025-05-15200000
Participant contributions to plan in this plan year2025-05-1540405
Other income to plan in this plan year2025-05-1510552
Plan net income in this plan year2025-05-1562030
Net assets as of the end of the plan year2025-05-15173918
Net assets as of the beginning of the plan year2025-05-15111888
Employer contributions to plan in this plan year2025-05-1511224
Fees paid to broker by Benefit Provider2025-05-15688
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-15151
2024 : SPIN-OFF TERMINATION PLAN FOR MODESTO CONVENTION & VISITORS BUREAU, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-020
Total liabilities as of the end of the plan year2024-07-020
Total liabilities as of the beginning of the plan year2024-07-020
Total expenses incurred by plan in this plan year2024-07-0284
Net assets as of the end of the plan year2024-07-02111888
Total assets as of the beginning of the plan year2024-07-0259347
Value of plan covered by a fidelity bond2024-07-02200000
Participant contributions to plan in this plan year2024-07-0234605
Other expenses paid from plan in this plan year2024-07-020
Other contributions to plan in this plan year2024-07-020
Other income to plan in this plan year2024-07-028852
Plan net income in this plan year2024-07-0252541
Net assets as of the end of the plan year2024-07-02111888
Net assets as of the beginning of the plan year2024-07-0259347
Employer contributions to plan in this plan year2024-07-029168
Fees paid to broker by Benefit Provider2024-07-02375
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-0284

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