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403(B) THRIFT PLAN 401k Plan overview

Plan Name403(B) THRIFT PLAN
Plan identification number 002

403(B) THRIFT PLAN 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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.

401k Sponsoring company profile

BIG BROTHERS BIG SISTERS OF GREATER CLEVELAND has sponsored the creation of one or more 401k plans.

Company Name:BIG BROTHERS BIG SISTERS OF GREATER CLEVELAND
Employer identification number (EIN):341039700
NAIC Classification:624100
NAIC Description: Individual and Family Services

Additional information about BIG BROTHERS BIG SISTERS OF GREATER CLEVELAND

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 1992-03-17
Company Identification Number: 817671
Legal Registered Office Address: 4614 PROSPECT AVENUE, SUITE 410
-
CLEVELAND
United States of America (USA)
44103

More information about BIG BROTHERS BIG SISTERS OF GREATER CLEVELAND

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-01-01ADRIANNE SIMS2017-09-13 ADRIANNE SIMS2017-09-13
0022016-01-01ADRIANNE SIMS2017-09-13 ADRIANNE SIMS2017-09-13
0022015-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2016-07-27
0022014-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2015-07-28
0022013-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2014-06-27
0022012-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2013-07-19
0022011-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2012-07-30
0022010-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2011-07-19
0022009-01-01PAULA BEATREZ PAULA BEATREZ, VICE PRESIDENT2010-10-07

Plan Statistics for 403(B) THRIFT PLAN

401k plan membership statisitcs for 403(B) THRIFT PLAN

Measure Date Value
2015: 403(B) THRIFT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0112
Total number of active participants reported on line 7a of the Form 55002015-01-012
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-019
Total of all active and inactive participants2015-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0111
Number of participants with account balances2015-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: 403(B) THRIFT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0115
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-018
Total of all active and inactive participants2014-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0112
Number of participants with account balances2014-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: 403(B) THRIFT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0115
Total number of active participants reported on line 7a of the Form 55002013-01-017
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-018
Total of all active and inactive participants2013-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0115
Number of participants with account balances2013-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: 403(B) THRIFT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0117
Total number of active participants reported on line 7a of the Form 55002012-01-019
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-016
Total of all active and inactive participants2012-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0115
Number of participants with account balances2012-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: 403(B) THRIFT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0110
Total number of active participants reported on line 7a of the Form 55002011-01-0112
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0117
Number of participants with account balances2011-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: 403(B) THRIFT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-018
Total number of active participants reported on line 7a of the Form 55002010-01-014
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-016
Total of all active and inactive participants2010-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0110
Number of participants with account balances2010-01-0110
2009: 403(B) THRIFT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-019
Total number of active participants reported on line 7a of the Form 55002009-01-012
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-018
Number of participants with account balances2009-01-018

Financial Data on 403(B) THRIFT PLAN

Measure Date Value
2015 : 403(B) THRIFT PLAN 2015 401k financial data
Total income from all sources2015-12-31$11,289
Expenses. Total of all expenses incurred2015-12-31$18,299
Benefits paid (including direct rollovers)2015-12-31$14,619
Total plan assets at end of year2015-12-31$158,141
Total plan assets at beginning of year2015-12-31$165,151
Value of fidelity bond covering the plan2015-12-31$25,000
Total contributions received or receivable from participants2015-12-31$9,484
Expenses. Other expenses not covered elsewhere2015-12-31$3,434
Other income received2015-12-31$-2,117
Net income (gross income less expenses)2015-12-31$-7,010
Net plan assets at end of year (total assets less liabilities)2015-12-31$158,141
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$165,151
Total contributions received or receivable from employer(s)2015-12-31$3,922
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$246
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$3,922
Amount contributed by the employer to the plan for this plan year2015-12-31$3,922
2014 : 403(B) THRIFT PLAN 2014 401k financial data
Total income from all sources2014-12-31$53,005
Expenses. Total of all expenses incurred2014-12-31$72,846
Benefits paid (including direct rollovers)2014-12-31$72,628
Total plan assets at end of year2014-12-31$165,151
Total plan assets at beginning of year2014-12-31$184,992
Value of fidelity bond covering the plan2014-12-31$25,000
Total contributions received or receivable from participants2014-12-31$10,637
Contributions received from other sources (not participants or employers)2014-12-31$24,592
Other income received2014-12-31$11,499
Net income (gross income less expenses)2014-12-31$-19,841
Net plan assets at end of year (total assets less liabilities)2014-12-31$165,151
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$184,992
Total contributions received or receivable from employer(s)2014-12-31$6,277
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$218
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$6,277
Amount contributed by the employer to the plan for this plan year2014-12-31$6,277
2013 : 403(B) THRIFT PLAN 2013 401k financial data
Total income from all sources2013-12-31$62,380
Expenses. Total of all expenses incurred2013-12-31$2,877
Benefits paid (including direct rollovers)2013-12-31$2,669
Total plan assets at end of year2013-12-31$184,992
Total plan assets at beginning of year2013-12-31$125,489
Value of fidelity bond covering the plan2013-12-31$25,000
Total contributions received or receivable from participants2013-12-31$18,551
Expenses. Other expenses not covered elsewhere2013-12-31$208
Other income received2013-12-31$31,328
Net income (gross income less expenses)2013-12-31$59,503
Net plan assets at end of year (total assets less liabilities)2013-12-31$184,992
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$125,489
Total contributions received or receivable from employer(s)2013-12-31$12,501
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$12,502
Amount contributed by the employer to the plan for this plan year2013-12-31$12,502
2012 : 403(B) THRIFT PLAN 2012 401k financial data
Total income from all sources2012-12-31$44,946
Expenses. Total of all expenses incurred2012-12-31$4,128
Total plan assets at end of year2012-12-31$125,489
Total plan assets at beginning of year2012-12-31$84,671
Value of fidelity bond covering the plan2012-12-31$25,000
Total contributions received or receivable from participants2012-12-31$20,766
Expenses. Other expenses not covered elsewhere2012-12-31$1,812
Other income received2012-12-31$11,469
Net income (gross income less expenses)2012-12-31$40,818
Net plan assets at end of year (total assets less liabilities)2012-12-31$125,489
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$84,671
Total contributions received or receivable from employer(s)2012-12-31$12,711
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$2,316
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$12,711
Amount contributed by the employer to the plan for this plan year2012-12-31$12,711
2011 : 403(B) THRIFT PLAN 2011 401k financial data
Total income from all sources2011-12-31$59,079
Expenses. Total of all expenses incurred2011-12-31$18,101
Benefits paid (including direct rollovers)2011-12-31$16,921
Total plan assets at end of year2011-12-31$84,671
Total plan assets at beginning of year2011-12-31$43,693
Value of fidelity bond covering the plan2011-12-31$25,000
Total contributions received or receivable from participants2011-12-31$20,716
Expenses. Other expenses not covered elsewhere2011-12-31$990
Contributions received from other sources (not participants or employers)2011-12-31$29,823
Other income received2011-12-31$-882
Net income (gross income less expenses)2011-12-31$40,978
Net plan assets at end of year (total assets less liabilities)2011-12-31$84,671
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$43,693
Total contributions received or receivable from employer(s)2011-12-31$9,422
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$190
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$9,422
Amount contributed by the employer to the plan for this plan year2011-12-31$9,422
2010 : 403(B) THRIFT PLAN 2010 401k financial data
Total income from all sources2010-12-31$15,212
Expenses. Total of all expenses incurred2010-12-31$4,549
Benefits paid (including direct rollovers)2010-12-31$4,460
Total plan assets at end of year2010-12-31$43,693
Total plan assets at beginning of year2010-12-31$33,030
Value of fidelity bond covering the plan2010-12-31$25,000
Total contributions received or receivable from participants2010-12-31$10,000
Other income received2010-12-31$5,212
Net income (gross income less expenses)2010-12-31$10,663
Net plan assets at end of year (total assets less liabilities)2010-12-31$43,693
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$33,030
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$89

Form 5500 Responses for 403(B) THRIFT PLAN

2015: 403(B) THRIFT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2014: 403(B) THRIFT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: 403(B) THRIFT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: 403(B) THRIFT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: 403(B) THRIFT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: 403(B) THRIFT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: 403(B) THRIFT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan 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 number053120-K
Policy instance 1
Insurance contract or identification number053120-K
Number of Individuals Covered12
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of fees paid to insurance companyUSD $24
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees24
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3
Insurance broker nameAKRON REGIONAL OFFICE
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053120-K
Policy instance 1
Insurance contract or identification number053120-K
Number of Individuals Covered12
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of fees paid to insurance companyUSD $23
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees23
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3
Insurance broker nameAKRON REGIONAL OFFICE
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053120-K
Policy instance 1
Insurance contract or identification number053120-K
Number of Individuals Covered15
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of fees paid to insurance companyUSD $36
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees36
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3
Insurance broker nameAKRON REGIONAL OFFICE
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053120-K
Policy instance 1
Insurance contract or identification number053120-K
Number of Individuals Covered15
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $65
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $21
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameJASON HICAR
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053120-K
Policy instance 1
Insurance contract or identification number053120-K
Number of Individuals Covered17
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of fees paid to insurance companyUSD $38
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053120-K
Policy instance 1
Insurance contract or identification number053120-K
Number of Individuals Covered10
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of fees paid to insurance companyUSD $6
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees2
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameBRENT TEAGUE

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