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TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 401k Plan overview

Plan NameTAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING
Plan identification number 002

TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 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 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

DETROIT AREA AGENCY ON AGING has sponsored the creation of one or more 401k plans.

Company Name:DETROIT AREA AGENCY ON AGING
Employer identification number (EIN):382320421
NAIC Classification:624100
NAIC Description: Individual and Family Services

Additional information about DETROIT AREA AGENCY ON AGING

Jurisdiction of Incorporation: Michigan Secretary of State
Incorporation Date: 1980-04-30
Company Identification Number: 877055
Legal Registered Office Address: 1333 BREWERY PARK BLVD STE 200

DETROIT
United States of America (USA)
482072635

More information about DETROIT AREA AGENCY ON AGING

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01RONALD TAYLOR2024-09-20
0022022-01-01RONALD TAYLOR2023-09-27
0022021-01-01RONALD TAYLOR2022-09-26
0022020-01-01
0022019-01-01RONALD TAYLOR2020-10-06
0022018-01-01RONALD TAYLOR2019-10-14
0022017-01-01FAIZ ESSHAKI2018-07-25
0022016-01-01FAIZ ESSHAKI
0022015-01-01FAIZ ESSHAKI2016-06-16
0022014-01-01FAIZ ESSHAKI2015-07-17
0022013-01-01FAIZ ESSHAKI2014-07-30
0022012-01-01FAIZ ESSHAKI2013-07-26
0022011-01-01FAIZ ESSHAKI2012-07-24 FAIZ ESSHAKI2012-07-24
0022010-01-01FAIZ ESHHAKI2011-07-28 FAIZ ESSAHKI2011-07-28

Plan Statistics for TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING

401k plan membership statisitcs for TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING

Measure Date Value
2025: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2025 401k membership
Total number of particpants at beginning of year2025-10-14127
Total number of particpants at end of year2025-10-14138
Number of Participants With Account Balances2025-10-1484
2024: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2024 401k membership
Total number of particpants at beginning of year2024-09-20113
Total number of particpants at end of year2024-09-20127
Number of Participants With Account Balances2024-09-2086
2022: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2022 401k membership
Total number of particpants at beginning of year2022-09-2698
Total number of particpants at end of year2022-09-2695
Number of Participants With Account Balances2022-09-2694
2020: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2020 401k membership
Total participants, beginning-of-year2020-01-01101
Total number of active participants reported on line 7a of the Form 55002020-01-0153
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0145
Total of all active and inactive participants2020-01-0198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0198
Number of participants with account balances2020-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2016: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2016 401k membership
Total participants, beginning-of-year2016-01-01101
Total number of active participants reported on line 7a of the Form 55002016-01-0147
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0143
Total of all active and inactive participants2016-01-0190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-0191
Number of participants with account balances2016-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING

Measure Date Value
2025 : TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-140
Total liabilities as of the end of the plan year2025-10-140
Total liabilities as of the beginning of the plan year2025-10-140
Total expenses incurred by plan in this plan year2025-10-14490247
Net assets as of the end of the plan year2025-10-143680447
Total assets as of the beginning of the plan year2025-10-143439389
Value of plan covered by a fidelity bond2025-10-14100000
Participant contributions to plan in this plan year2025-10-14276346
Value of participant loans at end of plan year2025-10-1433228
Other expenses paid from plan in this plan year2025-10-140
Other contributions to plan in this plan year2025-10-1488678
Other income to plan in this plan year2025-10-14366281
Plan net income in this plan year2025-10-14241058
Net assets as of the end of the plan year2025-10-143680447
Net assets as of the beginning of the plan year2025-10-143439389
Employer contributions to plan in this plan year2025-10-140
Fees paid to broker by Benefit Provider2025-10-14124
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-14649
2024 : TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-200
Total liabilities as of the end of the plan year2024-09-200
Total liabilities as of the beginning of the plan year2024-09-200
Total expenses incurred by plan in this plan year2024-09-20353628
Net assets as of the end of the plan year2024-09-203439389
Total assets as of the beginning of the plan year2024-09-203146651
Value of plan covered by a fidelity bond2024-09-20100000
Participant contributions to plan in this plan year2024-09-20252811
Other expenses paid from plan in this plan year2024-09-200
Other contributions to plan in this plan year2024-09-200
Other income to plan in this plan year2024-09-20393555
Plan net income in this plan year2024-09-20292738
Net assets as of the end of the plan year2024-09-203439389
Net assets as of the beginning of the plan year2024-09-203146651
Employer contributions to plan in this plan year2024-09-200
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-20492
2022 : TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-260
Total liabilities as of the end of the plan year2022-09-260
Total liabilities as of the beginning of the plan year2022-09-260
Total expenses incurred by plan in this plan year2022-09-26268761
Net assets as of the end of the plan year2022-09-265048274
Total assets as of the beginning of the plan year2022-09-264333564
Value of plan covered by a fidelity bond2022-09-26100000
Participant contributions to plan in this plan year2022-09-26244566
Value of participant loans at end of plan year2022-09-2630772
Other expenses paid from plan in this plan year2022-09-261284
Other contributions to plan in this plan year2022-09-26239236
Other income to plan in this plan year2022-09-26499669
Plan net income in this plan year2022-09-26714710
Net assets as of the end of the plan year2022-09-265048274
Net assets as of the beginning of the plan year2022-09-264333564
Employer contributions to plan in this plan year2022-09-260
2020 : TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$688,133
Expenses. Total of all expenses incurred2020-12-31$423,347
Benefits paid (including direct rollovers)2020-12-31$422,172
Total plan assets at end of year2020-12-31$4,333,564
Total plan assets at beginning of year2020-12-31$4,068,778
Value of fidelity bond covering the plan2020-12-31$100,000
Total contributions received or receivable from participants2020-12-31$206,193
Expenses. Other expenses not covered elsewhere2020-12-31$1,175
Contributions received from other sources (not participants or employers)2020-12-31$140,162
Other income received2020-12-31$341,778
Net income (gross income less expenses)2020-12-31$264,786
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,333,564
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$4,068,778
Assets. Value of participant loans2020-12-31$55,400
Total contributions received or receivable from employer(s)2020-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2016 : TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$358,105
Expenses. Total of all expenses incurred2016-12-31$722,035
Benefits paid (including direct rollovers)2016-12-31$715,658
Total plan assets at end of year2016-12-31$2,684,879
Total plan assets at beginning of year2016-12-31$3,048,809
Value of fidelity bond covering the plan2016-12-31$100,000
Total contributions received or receivable from participants2016-12-31$142,578
Expenses. Other expenses not covered elsewhere2016-12-31$6,377
Contributions received from other sources (not participants or employers)2016-12-31$78,181
Other income received2016-12-31$137,346
Net income (gross income less expenses)2016-12-31$-363,930
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,684,879
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$3,048,809
Assets. Value of participant loans2016-12-31$5,236
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0

Form 5500 Responses for TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING

2020: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2016: TAX DEFERRED ANNUITY PLAN OF DETROIT AREA AGENCY ON AGING 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan 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 number052378A
Policy instance 1

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