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OLIVE BRANCH 401(K) PLAN 401k Plan overview

Plan NameOLIVE BRANCH 401(K) PLAN
Plan identification number 001

OLIVE BRANCH 401(K) PLAN 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.
  • 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

OLIVE BRANCH has sponsored the creation of one or more 401k plans.

Company Name:OLIVE BRANCH
Employer identification number (EIN):383229527
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Additional information about OLIVE BRANCH

Jurisdiction of Incorporation: Michigan Department of Licensing & Regulatory Affairs
Incorporation Date:
Company Identification Number: 775522

More information about OLIVE BRANCH

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OLIVE BRANCH 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROBERT H DAVIS III2024-05-30 ROBERT H DAVIS III2024-05-30
0012022-01-01ROBERT H DAVIS III2023-05-30 ROBERT H DAVIS III2023-05-30
0012021-01-01ROBERT H. DAVIS III2022-05-17 ROBERT H.DAVIS III2022-05-17
0012020-01-01ROBERT H. DAVIS III2021-07-19 ROBERT H.DAVIS III2021-07-19
0012019-01-01ROBERT H. DAVIS III2020-07-30 ROBERT H.DAVIS III2020-07-30
0012018-01-01ROBERT H. DAVIS III2019-06-04 ROBERT H.DAVIS III2019-06-04
0012017-01-01ROBERT H. DAVIS III2018-04-13 ROBERT H.DAVIS III2018-04-13
0012016-01-01ROBERT H. DAVIS III2017-07-25 ROBERT H.DAVIS III2017-07-25
0012015-01-01ROBERT H. DAVIS III2016-09-26 ROBERT H.DAVIS III2016-09-26
0012014-01-01ROBERT H. DAVIS III2015-10-12 ROBERT H. DAVIS III2015-10-12

Plan Statistics for OLIVE BRANCH 401(K) PLAN

401k plan membership statisitcs for OLIVE BRANCH 401(K) PLAN

Measure Date Value
2024: OLIVE BRANCH 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-3024
Total number of particpants at end of year2024-05-300
Number of Participants With Account Balances2024-05-300
2022: OLIVE BRANCH 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-1725
Total number of particpants at end of year2022-05-1726
Number of Participants With Account Balances2022-05-1721

Financial Data on OLIVE BRANCH 401(K) PLAN

Measure Date Value
2024 : OLIVE BRANCH 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-30411336
Net assets as of the end of the plan year2024-05-300
Total assets as of the beginning of the plan year2024-05-30349250
Participant contributions to plan in this plan year2024-05-3034249
Other contributions to plan in this plan year2024-05-30342
Other income to plan in this plan year2024-05-3016322
Plan net income in this plan year2024-05-30-349250
Net assets as of the end of the plan year2024-05-300
Net assets as of the beginning of the plan year2024-05-30349250
Employer contributions to plan in this plan year2024-05-3011173
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-301351
2022 : OLIVE BRANCH 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-175576
Net assets as of the end of the plan year2022-05-17429707
Total assets as of the beginning of the plan year2022-05-17318756
Participant contributions to plan in this plan year2022-05-1741995
Other contributions to plan in this plan year2022-05-170
Other income to plan in this plan year2022-05-1759710
Plan net income in this plan year2022-05-17110951
Net assets as of the end of the plan year2022-05-17429707
Net assets as of the beginning of the plan year2022-05-17318756
Employer contributions to plan in this plan year2022-05-1714822
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-17504

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