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EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

AIRPORT FOUNDATION MSP has sponsored the creation of one or more 401k plans.

Company Name:AIRPORT FOUNDATION MSP
Employer identification number (EIN):364088129
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PATTY LUPKOWSKI2024-10-08
0012022-01-01PATTY LUPKOWSKI2023-07-27
0012021-01-01PATTY LUPKOWSKI2022-05-20
0012020-01-01PATTY LUPKOWSKI2021-03-29
0012019-01-01PATTY LUPKOWSKI2020-03-10
0012018-01-01PATTY LUPKOWSKI2019-03-12
0012017-01-01JANA WEBSTER2018-04-11 JANA WEBSTER2018-04-11
0012016-01-01JANA WEBSTER2017-04-12 JANA WEBSTER2017-04-12
0012013-01-01JANA VAUGHN2014-07-28
0012012-01-01JANA VAUGHN2013-06-06
0012011-01-01JANA VAUGHN2012-05-04 JANA VAUGHN2012-05-04
0012010-01-01JANA VAUGHN2011-06-08 JANA VAUGHN2011-06-08

Plan Statistics for EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP 2025 401k membership
Total number of particpants at beginning of year2025-07-2116
Total number of particpants at end of year2025-07-2116
Number of Participants With Account Balances2025-07-2114
2024: EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP 2024 401k membership
Total number of particpants at beginning of year2024-10-0816
Total number of particpants at end of year2024-10-0816
Number of Participants With Account Balances2024-10-0816

Financial Data on EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-210
Total liabilities as of the end of the plan year2025-07-210
Total liabilities as of the beginning of the plan year2025-07-210
Total expenses incurred by plan in this plan year2025-07-2161692
Net assets as of the end of the plan year2025-07-21772263
Total assets as of the beginning of the plan year2025-07-21652270
Value of plan covered by a fidelity bond2025-07-21100000
Participant contributions to plan in this plan year2025-07-2165332
Value of participant loans at end of plan year2025-07-211600
Other expenses paid from plan in this plan year2025-07-210
Other contributions to plan in this plan year2025-07-210
Other income to plan in this plan year2025-07-2189489
Plan net income in this plan year2025-07-21119993
Net assets as of the end of the plan year2025-07-21772263
Net assets as of the beginning of the plan year2025-07-21652270
Employer contributions to plan in this plan year2025-07-2126864
Fees paid to broker by Benefit Provider2025-07-21210
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-21204
2024 : EMPLOYEE BENEFIT PLAN OF AIRPORT FOUNDATION MSP 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-080
Total liabilities as of the end of the plan year2024-10-080
Total liabilities as of the beginning of the plan year2024-10-080
Total expenses incurred by plan in this plan year2024-10-0853023
Net assets as of the end of the plan year2024-10-08652270
Total assets as of the beginning of the plan year2024-10-08531780
Value of plan covered by a fidelity bond2024-10-0860000
Participant contributions to plan in this plan year2024-10-0863362
Value of participant loans at end of plan year2024-10-08469
Other expenses paid from plan in this plan year2024-10-080
Other contributions to plan in this plan year2024-10-080
Other income to plan in this plan year2024-10-0881369
Plan net income in this plan year2024-10-08120490
Net assets as of the end of the plan year2024-10-08652270
Net assets as of the beginning of the plan year2024-10-08531780
Employer contributions to plan in this plan year2024-10-0828782
Fees paid to broker by Benefit Provider2024-10-08272
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-08168

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