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EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

WOOD COUNTY CHILDRENS SERVICES ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:WOOD COUNTY CHILDRENS SERVICES ASSOCIATION
Employer identification number (EIN):341191237
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01JANELLE LAFOND2017-05-31
0012016-01-01JANELLE LAFOND
0012015-01-01JANELLE C. LAFOND2016-07-19
0012014-01-01JANELLE C. LAFOND2015-06-04
0012013-01-01JANELLE C. LAFOND2014-06-17
0012012-01-01JANELLE LAFOND2013-07-11
0012011-01-01JANELLE LAFOND2012-05-17

Plan Statistics for EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION

Measure Date Value
2016: EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION 2016 401k membership
Total participants, beginning-of-year2016-01-01109
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0137
Total of all active and inactive participants2016-01-0137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0137
Number of participants with account balances2016-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-019

Financial Data on EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION

Measure Date Value
2016 : EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$166,329
Expenses. Total of all expenses incurred2016-12-31$2,315,839
Benefits paid (including direct rollovers)2016-12-31$2,314,438
Total plan assets at end of year2016-12-31$400,429
Total plan assets at beginning of year2016-12-31$2,549,939
Value of fidelity bond covering the plan2016-12-31$300,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$1,401
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$92,494
Net income (gross income less expenses)2016-12-31$-2,149,510
Net plan assets at end of year (total assets less liabilities)2016-12-31$400,429
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,549,939
Total contributions received or receivable from employer(s)2016-12-31$73,835
Value of certain deemed distributions of participant loans2016-12-31$0
2010 : EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION 2010 401k financial data
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$114,542
Amount contributed by the employer to the plan for this plan year2010-12-31$114,542

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION

2016: EMPLOYEE BENEFIT PLAN OF WOOD COUNTY CHILDRENS SERVICES ASSOCIATION 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan 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 number051885-B
Policy instance 1
Insurance contract or identification number051885-B
Number of Individuals Covered98
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $236
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 $0
Amount paid for insurance broker fees82
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameCHRISTOPHER SCHUPPE

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