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EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC.
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 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.
  • 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

TAZEWELL COUNTY RESOURCE CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:TAZEWELL COUNTY RESOURCE CENTER, INC.
Employer identification number (EIN):376016936
NAIC Classification:624310
NAIC Description:Vocational Rehabilitation Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-07-01MARK BOURLAND2023-12-18
0022021-07-01MARK BOURLAND2023-04-14
0022020-07-01MARK BOURLAND2022-01-28
0022019-07-01MARK BOURLAND2021-04-09
0022018-07-01MARK BOURLAND2020-01-16
0022017-07-01MARK BOURLAND2019-01-14
0022016-07-01MARK BOURLAND MARK BOURLAND2018-01-18
0022015-07-01MARK BOURLAND MARK BOURLAND2017-01-12
0022014-07-01MARK BOURLAND MARK BOURLAND2016-04-05
0022013-07-01MARK BOURLAND2015-04-08
0022012-07-01MARK BOURLAND2014-04-14
0022011-07-01MARK BOURLAND2013-01-09
0022011-01-01MARK BOURLAND2012-04-10

Plan Statistics for EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC.

Measure Date Value
2016: EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2016 401k membership
Total participants, beginning-of-year2016-07-01119
Total number of active participants reported on line 7a of the Form 55002016-07-0171
Number of retired or separated participants receiving benefits2016-07-010
Number of other retired or separated participants entitled to future benefits2016-07-0116
Total of all active and inactive participants2016-07-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-010
Total participants2016-07-0187
Number of participants with account balances2016-07-0185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-0138
2015: EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2015 401k membership
Total participants, beginning-of-year2015-07-01115
Total number of active participants reported on line 7a of the Form 55002015-07-01100
Number of retired or separated participants receiving benefits2015-07-010
Number of other retired or separated participants entitled to future benefits2015-07-0119
Total of all active and inactive participants2015-07-01119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-07-010
Total participants2015-07-01119
Number of participants with account balances2015-07-01119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-07-018
2014: EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2014 401k membership
Total participants, beginning-of-year2014-07-01118
Total number of active participants reported on line 7a of the Form 55002014-07-01109
Number of retired or separated participants receiving benefits2014-07-010
Number of other retired or separated participants entitled to future benefits2014-07-016
Total of all active and inactive participants2014-07-01115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-01115
Number of participants with account balances2014-07-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-0110

Financial Data on EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC.

Measure Date Value
2017 : EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-06-30$0
Total transfer of assets from this plan2017-06-30$83,992
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-06-30$0
Total income from all sources (including contributions)2017-06-30$454,467
Total loss/gain on sale of assets2017-06-30$0
Total of all expenses incurred2017-06-30$191,452
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-06-30$190,457
Expenses. Certain deemed distributions of participant loans2017-06-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-06-30$197,173
Value of total assets at end of year2017-06-30$2,304,202
Value of total assets at beginning of year2017-06-30$2,125,179
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-06-30$995
Total interest from all sources2017-06-30$637
Total dividends received (eg from common stock, registered investment company shares)2017-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-06-30No
Was this plan covered by a fidelity bond2017-06-30Yes
Value of fidelity bond cover2017-06-30$250,000
If this is an individual account plan, was there a blackout period2017-06-30No
Were there any nonexempt tranactions with any party-in-interest2017-06-30No
Contributions received from participants2017-06-30$112,465
Income. Received or receivable in cash from other sources (including rollovers)2017-06-30$46,393
Administrative expenses (other) incurred2017-06-30$995
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-06-30No
Value of net income/loss2017-06-30$263,015
Value of net assets at end of year (total assets less liabilities)2017-06-30$2,304,202
Value of net assets at beginning of year (total assets less liabilities)2017-06-30$2,125,179
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2017-06-30No
Were any leases to which the plan was party in default or uncollectible2017-06-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-06-30$2,261,159
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-06-30$2,035,299
Interest on participant loans2017-06-30$0
Interest earned on other investments2017-06-30$637
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-06-30$43,043
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-06-30$89,880
Expenses. Payments to insurance carriers foe the provision of benefits2017-06-30$0
Net investment gain/loss from pooled separate accounts2017-06-30$256,657
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-06-30No
Was there a failure to transmit to the plan any participant contributions2017-06-30No
Has the plan failed to provide any benefit when due under the plan2017-06-30No
Contributions received in cash from employer2017-06-30$38,315
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-06-30$190,457
Did the plan have assets held for investment2017-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-06-30Yes
Opinion of an independent qualified public accountant for this plan2017-06-30Disclaimer
Accountancy firm name2017-06-30CLIFTONLARSONALLEN LLP
Accountancy firm EIN2017-06-30410746749
2016 : EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-30$0
Total income from all sources (including contributions)2016-06-30$157,359
Total loss/gain on sale of assets2016-06-30$0
Total of all expenses incurred2016-06-30$331,383
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-30$330,281
Expenses. Certain deemed distributions of participant loans2016-06-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-06-30$146,652
Value of total assets at end of year2016-06-30$2,125,179
Value of total assets at beginning of year2016-06-30$2,299,203
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-06-30$1,102
Total interest from all sources2016-06-30$605
Total dividends received (eg from common stock, registered investment company shares)2016-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-06-30No
Was this plan covered by a fidelity bond2016-06-30Yes
Value of fidelity bond cover2016-06-30$250,000
If this is an individual account plan, was there a blackout period2016-06-30No
Were there any nonexempt tranactions with any party-in-interest2016-06-30No
Contributions received from participants2016-06-30$102,411
Income. Received or receivable in cash from other sources (including rollovers)2016-06-30$0
Other income not declared elsewhere2016-06-30$0
Administrative expenses (other) incurred2016-06-30$1,102
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Value of net income/loss2016-06-30$-174,024
Value of net assets at end of year (total assets less liabilities)2016-06-30$2,125,179
Value of net assets at beginning of year (total assets less liabilities)2016-06-30$2,299,203
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-30No
Were any leases to which the plan was party in default or uncollectible2016-06-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-06-30$2,035,299
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-06-30$2,247,083
Interest on participant loans2016-06-30$0
Interest earned on other investments2016-06-30$605
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-06-30$89,880
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-06-30$52,120
Expenses. Payments to insurance carriers foe the provision of benefits2016-06-30$0
Net investment gain/loss from pooled separate accounts2016-06-30$10,102
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-06-30No
Was there a failure to transmit to the plan any participant contributions2016-06-30No
Has the plan failed to provide any benefit when due under the plan2016-06-30No
Contributions received in cash from employer2016-06-30$44,241
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-30$330,281
Did the plan have assets held for investment2016-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-30Yes
Opinion of an independent qualified public accountant for this plan2016-06-30Disclaimer
Accountancy firm name2016-06-30CLIFTONLARSONALLEN LLP
Accountancy firm EIN2016-06-30410746749
2015 : EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-06-30$0
Total income from all sources (including contributions)2015-06-30$240,927
Total loss/gain on sale of assets2015-06-30$0
Total of all expenses incurred2015-06-30$156,743
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-06-30$155,194
Expenses. Certain deemed distributions of participant loans2015-06-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-06-30$153,802
Value of total assets at end of year2015-06-30$2,299,203
Value of total assets at beginning of year2015-06-30$2,215,019
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-06-30$1,549
Total interest from all sources2015-06-30$709
Total dividends received (eg from common stock, registered investment company shares)2015-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-06-30No
Was this plan covered by a fidelity bond2015-06-30Yes
Value of fidelity bond cover2015-06-30$250,000
If this is an individual account plan, was there a blackout period2015-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$0
Were there any nonexempt tranactions with any party-in-interest2015-06-30No
Contributions received from participants2015-06-30$111,487
Income. Received or receivable in cash from other sources (including rollovers)2015-06-30$0
Other income not declared elsewhere2015-06-30$0
Administrative expenses (other) incurred2015-06-30$1,549
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-06-30No
Value of net income/loss2015-06-30$84,184
Value of net assets at end of year (total assets less liabilities)2015-06-30$2,299,203
Value of net assets at beginning of year (total assets less liabilities)2015-06-30$2,215,019
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2015-06-30No
Were any leases to which the plan was party in default or uncollectible2015-06-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-06-30$2,247,083
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-06-30$2,142,380
Interest on participant loans2015-06-30$0
Interest earned on other investments2015-06-30$709
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-06-30$52,120
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-06-30$72,639
Expenses. Payments to insurance carriers foe the provision of benefits2015-06-30$0
Net investment gain/loss from pooled separate accounts2015-06-30$86,416
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-06-30No
Was there a failure to transmit to the plan any participant contributions2015-06-30No
Has the plan failed to provide any benefit when due under the plan2015-06-30No
Contributions received in cash from employer2015-06-30$42,315
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-06-30$155,194
Did the plan have assets held for investment2015-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-06-30Yes
Opinion of an independent qualified public accountant for this plan2015-06-30Disclaimer
Accountancy firm name2015-06-30CLIFTON LARSON ALLEN, LLP
Accountancy firm EIN2015-06-30410746749

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC.

2016: EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01Submission has been amendedNo
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planNo
2016-07-01Plan funding arrangement – InsuranceYes
2016-07-01Plan benefit arrangement – InsuranceYes
2015: EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01Submission has been amendedNo
2015-07-01This submission is the final filingNo
2015-07-01This return/report is a short plan year return/report (less than 12 months)No
2015-07-01Plan is a collectively bargained planNo
2015-07-01Plan funding arrangement – InsuranceYes
2015-07-01Plan benefit arrangement – InsuranceYes
2014: EMPLOYEE BENEFIT PLAN OF TAZEWELL COUNTY RESOURCE CENTERS, INC. 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – InsuranceYes
2014-07-01Plan 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 number017058F
Policy instance 1
Insurance contract or identification number017058F
Number of Individuals Covered119
Insurance policy start date2015-07-01
Insurance policy end date2016-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $7,916
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
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 fees7916
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3
Insurance broker nameCHICAGO REGIONAL OFFICE
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number017058F
Policy instance 1
Insurance contract or identification number017058F
Number of Individuals Covered115
Insurance policy start date2014-07-01
Insurance policy end date2015-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

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