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EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 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.
  • 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

SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY has sponsored the creation of one or more 401k plans.

Company Name:SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY
Employer identification number (EIN):382415106
NAIC Classification:624200

Additional information about SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY

Jurisdiction of Incorporation: Michigan Department of Licensing & Regulatory Affairs
Incorporation Date:
Company Identification Number: 886163

More information about SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DEBORAH OLENEACK2024-07-09
0012022-01-01DEBORAH OLENEACK2023-09-29
0012021-01-01DEBORAH OLENEACK2022-10-02
0012020-01-01DEBORAH OLENEACK2021-08-03
0012019-01-01DEBORAH OLENEACK2020-08-26
0012018-01-01DEBORAH OLENEACK2019-09-11
0012017-01-01DEBORAH OLENEACK2018-04-10
0012016-01-01DEBORAH L. OLENEACK2017-07-12
0012015-01-01DEBORAH L. OLENEACK2016-05-10
0012014-01-01DEBORAH L. OLENEACK2015-07-09
0012013-01-01DEBORAH L. OLENEACK2014-05-06
0012012-01-01DEBORAH L. OLENEACK2013-09-10
0012011-01-01DEBORAH OLENEACK2012-07-12
0012010-01-01RICHARD MALENFANT2011-07-14
0012009-01-01RICHARD MALENFANT
0012007-01-01RICHARD MALENFANT

Financial Data on EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-220
Total liabilities as of the end of the plan year2025-05-220
Total liabilities as of the beginning of the plan year2025-05-220
Total expenses incurred by plan in this plan year2025-05-2221027
Net assets as of the end of the plan year2025-05-22695574
Total assets as of the beginning of the plan year2025-05-22580859
Value of plan covered by a fidelity bond2025-05-22150000
Participant contributions to plan in this plan year2025-05-2244244
Value of participant loans at end of plan year2025-05-2213574
Other expenses paid from plan in this plan year2025-05-220
Other contributions to plan in this plan year2025-05-227455
Other income to plan in this plan year2025-05-2260618
Plan net income in this plan year2025-05-22114715
Net assets as of the end of the plan year2025-05-22695574
Net assets as of the beginning of the plan year2025-05-22580859
Employer contributions to plan in this plan year2025-05-2223425
Fees paid to broker by Benefit Provider2025-05-2235
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-22213
2024 : EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-090
Total liabilities as of the end of the plan year2024-07-090
Total liabilities as of the beginning of the plan year2024-07-090
Total expenses incurred by plan in this plan year2024-07-0964747
Net assets as of the end of the plan year2024-07-09580859
Total assets as of the beginning of the plan year2024-07-09516230
Value of plan covered by a fidelity bond2024-07-09150000
Participant contributions to plan in this plan year2024-07-0942156
Value of participant loans at end of plan year2024-07-0917305
Other expenses paid from plan in this plan year2024-07-090
Other contributions to plan in this plan year2024-07-090
Other income to plan in this plan year2024-07-0970832
Plan net income in this plan year2024-07-0964629
Net assets as of the end of the plan year2024-07-09580859
Net assets as of the beginning of the plan year2024-07-09516230
Employer contributions to plan in this plan year2024-07-0916388
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-09126
2022 : EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-020
Total liabilities as of the end of the plan year2022-10-020
Total liabilities as of the beginning of the plan year2022-10-020
Total expenses incurred by plan in this plan year2022-10-0220007
Net assets as of the end of the plan year2022-10-02572790
Total assets as of the beginning of the plan year2022-10-02462413
Value of plan covered by a fidelity bond2022-10-02150000
Participant contributions to plan in this plan year2022-10-0235926
Value of participant loans at end of plan year2022-10-0216894
Other expenses paid from plan in this plan year2022-10-02265
Other contributions to plan in this plan year2022-10-029997
Other income to plan in this plan year2022-10-0266432
Plan net income in this plan year2022-10-02110377
Net assets as of the end of the plan year2022-10-02572790
Net assets as of the beginning of the plan year2022-10-02462413
Employer contributions to plan in this plan year2022-10-0218029
Fees paid to broker by Benefit Provider2022-10-02141

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY

2009: EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes
2007: EMPLOYEE BENEFIT PLAN OF SOUTHWEST MICHIGAN COMMUNITY ACTION AGENCY 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – InsuranceYes
2007-01-01Plan benefit arrangement – InsuranceYes

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