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403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES 401k Plan overview

Plan Name403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES
Plan identification number 001

403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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

NEW BEGINNINGS GROUP HOME has sponsored the creation of one or more 401k plans.

Company Name:NEW BEGINNINGS GROUP HOME
Employer identification number (EIN):330683875
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JACQUE JACKSON2024-07-23
0012022-01-01JACQUE JACKSON2023-10-17
0012021-01-01JACQUE JACKSON2022-07-26

Plan Statistics for 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES

401k plan membership statisitcs for 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES

Measure Date Value
2025: 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES 2025 401k membership
Total number of particpants at beginning of year2025-07-3036
Total number of particpants at end of year2025-07-3034
Number of Participants With Account Balances2025-07-3014
2024: 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES 2024 401k membership
Total number of particpants at beginning of year2024-07-2336
Total number of particpants at end of year2024-07-2336
Number of Participants With Account Balances2024-07-2316

Financial Data on 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES

Measure Date Value
2025 : 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-300
Total liabilities as of the end of the plan year2025-07-300
Total liabilities as of the beginning of the plan year2025-07-300
Total expenses incurred by plan in this plan year2025-07-305931
Net assets as of the end of the plan year2025-07-30226034
Total assets as of the beginning of the plan year2025-07-30163849
Value of plan covered by a fidelity bond2025-07-3010000
Participant contributions to plan in this plan year2025-07-3028975
Other expenses paid from plan in this plan year2025-07-305789
Other contributions to plan in this plan year2025-07-300
Other income to plan in this plan year2025-07-3016038
Plan net income in this plan year2025-07-3062185
Net assets as of the end of the plan year2025-07-30226034
Net assets as of the beginning of the plan year2025-07-30163849
Employer contributions to plan in this plan year2025-07-3023103
Fees paid to broker by Benefit Provider2025-07-3031
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-30142
2024 : 403(B) THRIFT PLAN OF NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-230
Total liabilities as of the end of the plan year2024-07-230
Total liabilities as of the beginning of the plan year2024-07-230
Total expenses incurred by plan in this plan year2024-07-23135
Net assets as of the end of the plan year2024-07-23163849
Total assets as of the beginning of the plan year2024-07-2381376
Value of plan covered by a fidelity bond2024-07-2310000
Participant contributions to plan in this plan year2024-07-2333828
Other expenses paid from plan in this plan year2024-07-230
Other contributions to plan in this plan year2024-07-230
Other income to plan in this plan year2024-07-2314982
Plan net income in this plan year2024-07-2382473
Net assets as of the end of the plan year2024-07-23163849
Net assets as of the beginning of the plan year2024-07-2381376
Employer contributions to plan in this plan year2024-07-2333798
Fees paid to broker by Benefit Provider2024-07-2378
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-23135

Potentially related plans

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