401k Plan data: ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN plan

ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN 401k Plan overview

Plan Name	ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN
Plan identification number	002

ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN Benefits

401k Plan Type

Defined 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

ILLINOIS BANKERS ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name: ILLINOIS BANKERS ASSOCIATION

Employer identification number (EIN): 363215107

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 MARK K BENNETT 2024-09-14 MARK BENNETT 2024-09-14
002 2022-01-01 MARK K BENNETT 2023-09-15 MARK BENNETT 2023-09-15
002 2021-01-01 MARK K BENNETT 2022-09-15
002 2020-01-01 MARK K BENNETT 2021-09-22 MARK K BENNETT 2021-09-22
002 2019-01-01 LINDA KOCH 2020-10-15
002 2018-01-01 LINDA KOCH 2019-10-14
002 2017-01-01 LINDA KOCH 2018-07-24
002 2016-01-01 LINDA KOCH 2017-10-06
002 2015-01-01 MARK BENNETT 2016-10-12
002 2014-01-01 ERIN PATTON 2015-10-14
002 2013-01-01 MARK BENNETT 2014-06-24
002 2012-01-01 MARK BENNETT 2013-07-31
002 2011-01-01 MARK BENNETT 2012-07-25
002 2010-01-01 MARY CURL 2011-09-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	MARK K BENNETT	2024-09-14	MARK BENNETT	2024-09-14
002	2022-01-01	MARK K BENNETT	2023-09-15	MARK BENNETT	2023-09-15
002	2021-01-01	MARK K BENNETT	2022-09-15
002	2020-01-01	MARK K BENNETT	2021-09-22	MARK K BENNETT	2021-09-22
002	2019-01-01	LINDA KOCH	2020-10-15
002	2018-01-01	LINDA KOCH	2019-10-14
002	2017-01-01	LINDA KOCH	2018-07-24
002	2016-01-01	LINDA KOCH	2017-10-06
002	2015-01-01	MARK BENNETT	2016-10-12
002	2014-01-01	ERIN PATTON	2015-10-14
002	2013-01-01	MARK BENNETT	2014-06-24
002	2012-01-01	MARK BENNETT	2013-07-31
002	2011-01-01	MARK BENNETT	2012-07-25
002	2010-01-01	MARY CURL	2011-09-15

Financial Data on ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN

Measure	Date	Value
2025 : ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN 2025 401k financial data
Total transfers to/from plan in this plan year	2025-07-08	0
Total expenses incurred by plan in this plan year	2025-07-08	1793651
Net assets as of the end of the plan year	2025-07-08	6576053
Total assets as of the beginning of the plan year	2025-07-08	7051595
Value of plan covered by a fidelity bond	2025-07-08	500000
Participant contributions to plan in this plan year	2025-07-08	233879
Value of participant loans at end of plan year	2025-07-08	78800
Other contributions to plan in this plan year	2025-07-08	0
Other income to plan in this plan year	2025-07-08	921378
Plan net income in this plan year	2025-07-08	-475542
Net assets as of the end of the plan year	2025-07-08	6576053
Net assets as of the beginning of the plan year	2025-07-08	7051595
Employer contributions to plan in this plan year	2025-07-08	162852
Expensese paid to adminstrative service provicers from plan in this plan year	2025-07-08	14306
2024 : ILLINOIS BANKERS ASSOCIATION 401(K) INCENTIVE SAVINGS PLAN 2024 401k financial data
Total transfers to/from plan in this plan year	2024-09-14	0
Total expenses incurred by plan in this plan year	2024-09-14	400081
Net assets as of the end of the plan year	2024-09-14	7051595
Total assets as of the beginning of the plan year	2024-09-14	5794348
Value of plan covered by a fidelity bond	2024-09-14	500000
Participant contributions to plan in this plan year	2024-09-14	256717
Value of participant loans at end of plan year	2024-09-14	81525
Other contributions to plan in this plan year	2024-09-14	126803
Other income to plan in this plan year	2024-09-14	1131729
Plan net income in this plan year	2024-09-14	1257247
Net assets as of the end of the plan year	2024-09-14	7051595
Net assets as of the beginning of the plan year	2024-09-14	5794348
Employer contributions to plan in this plan year	2024-09-14	142079
Expensese paid to adminstrative service provicers from plan in this plan year	2024-09-14	12535

Potentially related plans

ILLINOIS BANKERS GROUP INSURANCE TRUST 401(K) PLAN [EIN = 376082547]

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Company Name:	ILLINOIS BANKERS ASSOCIATION
Employer identification number (EIN):	363215107
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services