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EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Profit-sharing
  • 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.
  • 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

LATIN UNITED COMMUNITY HOUSING ASSO CIATION has sponsored the creation of one or more 401k plans.

Company Name:LATIN UNITED COMMUNITY HOUSING ASSO CIATION
Employer identification number (EIN):363213453
NAIC Classification:624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARIA GALARZA2024-07-31
0012022-01-01MARIA GALARZA2023-07-28
0012021-01-01MARIA GALARZA2022-10-21
0012021-01-01MARIA GALARZA2022-10-21
0012020-01-01MARIA GALARZA2021-07-15
0012019-01-01MARIA GALARZA2020-08-26
0012018-01-01MARIA GALARZA2019-04-01
0012017-01-01MARIA GALARZA2018-10-10 MARIA GALARZA2018-10-10
0012016-01-01MARIA GALARZA2017-08-16 MARIA GALARZA2017-08-16
0012014-01-01MOSES ABAYOMI2015-04-16
0012013-01-01MOSES ABAYOMI2014-05-21 MOSES ABAYOMI2014-05-21
0012012-01-01MOSES ABAYOMI2013-04-30 MOSES ABAYOMI2013-04-30
0012011-01-01MOSES ABAYOMI2012-10-10 MOSES ABAYOMI2012-10-10

Plan Statistics for EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION 2025 401k membership
Total number of particpants at beginning of year2025-07-2219
Total number of particpants at end of year2025-07-2219
Number of Participants With Account Balances2025-07-2219
2024: EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION 2024 401k membership
Total number of particpants at beginning of year2024-07-3120
Total number of particpants at end of year2024-07-3119
Number of Participants With Account Balances2024-07-3119

Financial Data on EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-220
Total liabilities as of the end of the plan year2025-07-220
Total liabilities as of the beginning of the plan year2025-07-220
Total expenses incurred by plan in this plan year2025-07-2296
Net assets as of the end of the plan year2025-07-22866920
Total assets as of the beginning of the plan year2025-07-22710204
Value of plan covered by a fidelity bond2025-07-2258032
Participant contributions to plan in this plan year2025-07-2223424
Value of participant loans at end of plan year2025-07-2268326
Other expenses paid from plan in this plan year2025-07-220
Other contributions to plan in this plan year2025-07-220
Other income to plan in this plan year2025-07-22128449
Plan net income in this plan year2025-07-22156716
Net assets as of the end of the plan year2025-07-22866920
Net assets as of the beginning of the plan year2025-07-22710204
Employer contributions to plan in this plan year2025-07-224939
Fees paid to broker by Benefit Provider2025-07-2280
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2296
2024 : EMPLOYEE BENEFIT PLAN OF LATIN UNITED COMMUNITY HOUSING ASSOCIATION 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-310
Total liabilities as of the end of the plan year2024-07-310
Total liabilities as of the beginning of the plan year2024-07-310
Total expenses incurred by plan in this plan year2024-07-3111138
Net assets as of the end of the plan year2024-07-31710204
Total assets as of the beginning of the plan year2024-07-31564040
Value of plan covered by a fidelity bond2024-07-3158032
Participant contributions to plan in this plan year2024-07-3134023
Other expenses paid from plan in this plan year2024-07-310
Other contributions to plan in this plan year2024-07-310
Other income to plan in this plan year2024-07-31115224
Plan net income in this plan year2024-07-31146164
Net assets as of the end of the plan year2024-07-31710204
Net assets as of the beginning of the plan year2024-07-31564040
Employer contributions to plan in this plan year2024-07-318055
Fees paid to broker by Benefit Provider2024-07-31112
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-314

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number020280-K
Policy instance 1

Potentially related plans

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