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403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC.
Plan identification number 001

403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC. 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.
  • 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

CENTRAL MINNESOTA COUNCIL ON AGING, INC. has sponsored the creation of one or more 401k plans.

Company Name:CENTRAL MINNESOTA COUNCIL ON AGING, INC.
Employer identification number (EIN):363338395
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LINDA GANSEN2024-09-11
0012022-01-01LINDA GANSEN2023-07-31
0012021-01-01LINDA GANSEN2022-04-21
0012020-01-01LINDA GANSEN2021-03-03
0012019-01-01LINDA GANSEN2020-07-13
0012018-01-01LINDA GANSEN2019-07-23
0012017-01-01LORI VROLSON2018-05-08 LORI VROLSON2018-05-08
0012016-01-01LORI VROLSON2017-04-25 LORI VROLSON2017-04-25
0012015-01-01LORI VROLSON2016-05-25 LORI VROLSON2016-05-25
0012014-01-01LORI VROLSON2015-06-18 LORI VROLSON2015-06-18
0012013-01-01LORI VROLSON2014-07-08 LORI VROLSON2014-07-08
0012012-01-01LORI VROLSON2013-07-02 LORI VROLSON2013-07-02
0012011-01-01LORI VROLSON2012-06-27 LORI VROLSON2012-06-27
0012010-01-01LORI VROLSON2011-06-10 LORI VROLSON2011-06-10

Plan Statistics for 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC.

401k plan membership statisitcs for 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC.

Measure Date Value
2024: 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC. 2024 401k membership
Total number of particpants at beginning of year2024-09-1149
Total number of particpants at end of year2024-09-1151
Number of Participants With Account Balances2024-09-1151
2022: 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC. 2022 401k membership
Total number of particpants at beginning of year2022-04-2146
Total number of particpants at end of year2022-04-2148
Number of Participants With Account Balances2022-04-2148

Financial Data on 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC.

Measure Date Value
2024 : 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-110
Total liabilities as of the end of the plan year2024-09-110
Total liabilities as of the beginning of the plan year2024-09-110
Total expenses incurred by plan in this plan year2024-09-11186464
Net assets as of the end of the plan year2024-09-112724432
Total assets as of the beginning of the plan year2024-09-112270064
Value of plan covered by a fidelity bond2024-09-11300000
Participant contributions to plan in this plan year2024-09-11140090
Other expenses paid from plan in this plan year2024-09-110
Other contributions to plan in this plan year2024-09-110
Other income to plan in this plan year2024-09-11419584
Plan net income in this plan year2024-09-11454368
Net assets as of the end of the plan year2024-09-112724432
Net assets as of the beginning of the plan year2024-09-112270064
Employer contributions to plan in this plan year2024-09-1181158
Fees paid to broker by Benefit Provider2024-09-111085
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-11188
2022 : 403(B) THRIFT PLAN OF CENTRAL MINNESOTA COUNCIL ON AGING, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-210
Total liabilities as of the end of the plan year2022-04-210
Total liabilities as of the beginning of the plan year2022-04-210
Total expenses incurred by plan in this plan year2022-04-21489
Net assets as of the end of the plan year2022-04-212606633
Total assets as of the beginning of the plan year2022-04-212053619
Value of plan covered by a fidelity bond2022-04-21150000
Participant contributions to plan in this plan year2022-04-21143685
Other expenses paid from plan in this plan year2022-04-21489
Other contributions to plan in this plan year2022-04-210
Other income to plan in this plan year2022-04-21326545
Plan net income in this plan year2022-04-21553014
Net assets as of the end of the plan year2022-04-212606633
Net assets as of the beginning of the plan year2022-04-212053619
Employer contributions to plan in this plan year2022-04-2183273
Fees paid to broker by Benefit Provider2022-04-21313

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