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GREAT LAKES CHRISTIAN COLLEGE 401(K) SAVINGS PLAN 401k Plan overview

Plan NameGREAT LAKES CHRISTIAN COLLEGE 401(K) SAVINGS PLAN
Plan identification number 001

GREAT LAKES CHRISTIAN COLLEGE 401(K) SAVINGS 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.
  • 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

GREAT LAKES CHRISTIAN COLLEGE has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES CHRISTIAN COLLEGE
Employer identification number (EIN):386080947
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES CHRISTIAN COLLEGE 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01PHILIP BEAVERS2023-04-24
0012021-01-01PHILIP BEAVERS2023-03-27
0012020-01-01TIMOTHY WYNSMA2021-03-11
0012019-01-01TIMOTHY WYNSMA2020-02-13 TIMOTHY WYNSMA2020-02-13
0012018-01-01TIMOTHY WYNSMA2019-02-26 TIMOTHY WYNSMA2019-02-26
0012017-01-01TIMOTHY WYNSMA2018-02-26 TIMOTHY WYNSMA2018-02-26
0012016-01-01WILLIAM BROSSMANN2017-03-21 WILLIAM BROSSMANN2017-03-21
0012015-01-01JAMES LOCKWOOD2016-05-27 JAMES LOCKWOOD2016-05-27
0012014-01-01JAMES LOCKWOOD2015-04-27 JAMES LOCKWOOD2015-04-27
0012013-01-01JAMES LOCKWOOD2014-02-17 JAMES LOCKWOOD2014-02-17
0012012-01-01WILLIAM BROSSMANN2013-02-01 WILLIAM BROSSMANN2013-02-01
0012011-01-01WILLIAM BROSSMANN2012-07-03 WILLIAM BROSSMANN2012-07-03
0012010-01-01WILLIAM BROSSMANN2011-02-08 WILLIAM BROSSMANN2011-02-08

Financial Data on GREAT LAKES CHRISTIAN COLLEGE 401(K) SAVINGS PLAN

Measure Date Value
2023 : GREAT LAKES CHRISTIAN COLLEGE 401(K) SAVINGS PLAN 2023 401k financial data
Total transfers to/from plan in this plan year2023-03-270
Total liabilities as of the end of the plan year2023-03-270
Total liabilities as of the beginning of the plan year2023-03-270
Total expenses incurred by plan in this plan year2023-03-2738460
Net assets as of the end of the plan year2023-03-271608663
Total assets as of the beginning of the plan year2023-03-271422338
Value of plan covered by a fidelity bond2023-03-27200000
Participant contributions to plan in this plan year2023-03-2727749
Value of participant loans at end of plan year2023-03-273472
Other expenses paid from plan in this plan year2023-03-270
Other contributions to plan in this plan year2023-03-270
Other income to plan in this plan year2023-03-27197036
Plan net income in this plan year2023-03-27186325
Net assets as of the end of the plan year2023-03-271608663
Net assets as of the beginning of the plan year2023-03-271422338
Value of contributions failed to transmitted timely2023-03-272229
Expensese paid to adminstrative service provicers from plan in this plan year2023-03-273896

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