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UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameUNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN
Plan identification number 001

UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

GREATER TWIN CITIES UNITED WAY has sponsored the creation of one or more 401k plans.

Company Name:GREATER TWIN CITIES UNITED WAY
Employer identification number (EIN):411973442
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-07-01JULI DURDA
0012016-07-01JULI DURDA
0012015-07-01JULI DURDA
0012014-07-01JULI DURDA
0012013-07-01JULI DURDA
0012012-07-01CAROL STODIECK
0012011-07-01CAROL STODIECK
0012010-07-01CAROL STODIECK
0012009-07-01CAROL STODIECK

Plan Statistics for UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN

Measure Date Value
2017: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-0191
Total number of active participants reported on line 7a of the Form 55002017-07-010
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-010
Total of all active and inactive participants2017-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-010
Market value of plan assets2017-06-306,508,827
Acturial value of plan assets2017-06-306,334,711
Funding target for retired participants and beneficiaries receiving payment2017-06-303,913,507
Number of terminated vested participants2017-06-3035
Fundng target for terminated vested participants2017-06-30914,419
Active participant vested funding target2017-06-30147,827
Number of active participants2017-06-305
Total funding liabilities for active participants2017-06-30147,827
Total participant count2017-06-3092
Total funding target for all participants2017-06-304,975,753
Balance at beginning of prior year after applicable adjustments2017-06-300
Prefunding balance at beginning of prior year after applicable adjustments2017-06-30511,837
Carryover balanced portion elected for use to offset prior years funding requirement2017-06-300
Prefunding balanced used to offset prior years funding requirement2017-06-300
Amount remaining of carryover balance2017-06-300
Amount remaining of prefunding balance2017-06-30511,837
Present value of excess contributions2017-06-30224,139
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-06-30237,924
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-06-30237,924
Balance of carryovers at beginning of current year2017-06-300
Balance of prefunding at beginning of current year2017-06-30809,288
Total employer contributions2017-06-300
Total employee contributions2017-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-06-300
Contributions made to avoid restrictions adjusted to valuation date2017-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-06-300
Unpaid minimum required contributions for all prior years2017-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-06-300
Remaining amount of unpaid minimum required contributions2017-06-300
Minimum required contributions for current year target normal cost2017-06-3064,623
Net shortfall amortization installment of oustanding balance2017-06-300
Waiver amortization installment2017-06-300
Total funding amount beforereflecting carryover/prefunding balances2017-06-300
Carryover balance elected to use to offset funding requirement2017-06-300
Prefunding balance elected to use to offset funding requirement2017-06-300
Additional cash requirement2017-06-300
Contributions allocatedtoward minimum required contributions for current year2017-06-300
Unpaid minimum required contributions for current year2017-06-300
Unpaid minimum required contributions for all years2017-06-300
2016: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-0192
Total number of active participants reported on line 7a of the Form 55002016-07-015
Number of retired or separated participants receiving benefits2016-07-0149
Number of other retired or separated participants entitled to future benefits2016-07-0132
Total of all active and inactive participants2016-07-0186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-015
Total participants2016-07-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-010
2015: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-07-0192
Total number of active participants reported on line 7a of the Form 55002015-07-015
Number of retired or separated participants receiving benefits2015-07-0147
Number of other retired or separated participants entitled to future benefits2015-07-0135
Total of all active and inactive participants2015-07-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-07-015
Total participants2015-07-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-07-010
2014: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-0192
Total number of active participants reported on line 7a of the Form 55002014-07-015
Number of retired or separated participants receiving benefits2014-07-0144
Number of other retired or separated participants entitled to future benefits2014-07-0139
Total of all active and inactive participants2014-07-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-014
Total participants2014-07-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-010
2013: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-0192
Total number of active participants reported on line 7a of the Form 55002013-07-017
Number of retired or separated participants receiving benefits2013-07-0140
Number of other retired or separated participants entitled to future benefits2013-07-0141
Total of all active and inactive participants2013-07-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-014
Total participants2013-07-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-010
2012: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-0195
Total number of active participants reported on line 7a of the Form 55002012-07-019
Number of retired or separated participants receiving benefits2012-07-0136
Number of other retired or separated participants entitled to future benefits2012-07-0143
Total of all active and inactive participants2012-07-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-014
Total participants2012-07-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-010
2011: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-0196
Total number of active participants reported on line 7a of the Form 55002011-07-0110
Number of retired or separated participants receiving benefits2011-07-0137
Number of other retired or separated participants entitled to future benefits2011-07-0144
Total of all active and inactive participants2011-07-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-014
Total participants2011-07-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-07-010
2010: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-07-0196
Total number of active participants reported on line 7a of the Form 55002010-07-0111
Number of retired or separated participants receiving benefits2010-07-0135
Number of other retired or separated participants entitled to future benefits2010-07-0146
Total of all active and inactive participants2010-07-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-07-014
Total participants2010-07-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-07-010
2009: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-07-0197
Total number of active participants reported on line 7a of the Form 55002009-07-0113
Number of retired or separated participants receiving benefits2009-07-0132
Number of other retired or separated participants entitled to future benefits2009-07-0147
Total of all active and inactive participants2009-07-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-014
Total participants2009-07-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN

Measure Date Value
2018 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2018 401k financial data
Total income from all sources2018-06-30$330,107
Expenses. Total of all expenses incurred2018-06-30$6,427,289
Benefits paid (including direct rollovers)2018-06-30$6,369,851
Total plan assets at end of year2018-06-30$0
Total plan assets at beginning of year2018-06-30$6,097,182
Value of fidelity bond covering the plan2018-06-30$500,000
Other income received2018-06-30$83,883
Net income (gross income less expenses)2018-06-30$-6,097,182
Net plan assets at end of year (total assets less liabilities)2018-06-30$0
Net plan assets at beginning of year (total assets less liabilities)2018-06-30$6,097,182
Total contributions received or receivable from employer(s)2018-06-30$246,224
Expenses. Administrative service providers (salaries,fees and commissions)2018-06-30$57,438
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-06-30$0
2017 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2017 401k financial data
Total income from all sources2017-06-30$55,620
Expenses. Total of all expenses incurred2017-06-30$470,132
Benefits paid (including direct rollovers)2017-06-30$389,448
Total plan assets at end of year2017-06-30$6,097,182
Total plan assets at beginning of year2017-06-30$6,511,694
Value of fidelity bond covering the plan2017-06-30$500,000
Other income received2017-06-30$55,620
Net income (gross income less expenses)2017-06-30$-414,512
Net plan assets at end of year (total assets less liabilities)2017-06-30$6,097,182
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$6,511,694
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$80,684
2016 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2016 401k financial data
Total income from all sources2016-06-30$919,388
Expenses. Total of all expenses incurred2016-06-30$482,601
Benefits paid (including direct rollovers)2016-06-30$417,978
Total plan assets at end of year2016-06-30$6,511,694
Total plan assets at beginning of year2016-06-30$6,074,907
Value of fidelity bond covering the plan2016-06-30$500,000
Other income received2016-06-30$679,388
Net income (gross income less expenses)2016-06-30$436,787
Net plan assets at end of year (total assets less liabilities)2016-06-30$6,511,694
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$6,074,907
Total contributions received or receivable from employer(s)2016-06-30$240,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$64,623
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-30$0
2015 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2015 401k financial data
Total income from all sources2015-06-30$335,531
Expenses. Total of all expenses incurred2015-06-30$431,116
Benefits paid (including direct rollovers)2015-06-30$393,151
Total plan assets at end of year2015-06-30$6,074,907
Total plan assets at beginning of year2015-06-30$6,170,492
Value of fidelity bond covering the plan2015-06-30$500,000
Other income received2015-06-30$50,531
Net income (gross income less expenses)2015-06-30$-95,585
Net plan assets at end of year (total assets less liabilities)2015-06-30$6,074,907
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$6,170,492
Total contributions received or receivable from employer(s)2015-06-30$285,000
Expenses. Administrative service providers (salaries,fees and commissions)2015-06-30$37,965
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$0
2014 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2014 401k financial data
Total income from all sources2014-06-30$1,350,885
Expenses. Total of all expenses incurred2014-06-30$381,426
Benefits paid (including direct rollovers)2014-06-30$330,305
Total plan assets at end of year2014-06-30$6,170,492
Total plan assets at beginning of year2014-06-30$5,201,033
Value of fidelity bond covering the plan2014-06-30$500,000
Expenses. Other expenses not covered elsewhere2014-06-30$48
Other income received2014-06-30$875,885
Net income (gross income less expenses)2014-06-30$969,459
Net plan assets at end of year (total assets less liabilities)2014-06-30$6,170,492
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$5,201,033
Total contributions received or receivable from employer(s)2014-06-30$475,000
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$51,073
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$0
2013 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2013 401k financial data
Total plan liabilities at beginning of year2013-06-30$0
Total income from all sources2013-06-30$1,261,345
Expenses. Total of all expenses incurred2013-06-30$365,070
Benefits paid (including direct rollovers)2013-06-30$337,716
Total plan assets at end of year2013-06-30$5,201,033
Total plan assets at beginning of year2013-06-30$4,304,758
Value of fidelity bond covering the plan2013-06-30$500,000
Expenses. Other expenses not covered elsewhere2013-06-30$6,665
Other income received2013-06-30$552,259
Net income (gross income less expenses)2013-06-30$896,275
Net plan assets at end of year (total assets less liabilities)2013-06-30$5,201,033
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$4,304,758
Total contributions received or receivable from employer(s)2013-06-30$709,086
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$20,689
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$0
2012 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2012 401k financial data
Total plan liabilities at end of year2012-06-30$0
Total plan liabilities at beginning of year2012-06-30$0
Total income from all sources2012-06-30$564,715
Expenses. Total of all expenses incurred2012-06-30$380,215
Benefits paid (including direct rollovers)2012-06-30$325,886
Total plan assets at end of year2012-06-30$4,304,758
Total plan assets at beginning of year2012-06-30$4,120,258
Value of fidelity bond covering the plan2012-06-30$500,000
Expenses. Other expenses not covered elsewhere2012-06-30$10,238
Other income received2012-06-30$75,657
Net income (gross income less expenses)2012-06-30$184,500
Net plan assets at end of year (total assets less liabilities)2012-06-30$4,304,758
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$4,120,258
Total contributions received or receivable from employer(s)2012-06-30$489,058
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$44,091
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$0
2011 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2011 401k financial data
Total plan liabilities at end of year2011-06-30$0
Total plan liabilities at beginning of year2011-06-30$0
Total income from all sources2011-06-30$787,311
Expenses. Total of all expenses incurred2011-06-30$363,979
Benefits paid (including direct rollovers)2011-06-30$306,636
Total plan assets at end of year2011-06-30$4,120,258
Total plan assets at beginning of year2011-06-30$3,696,926
Value of fidelity bond covering the plan2011-06-30$500,000
Expenses. Other expenses not covered elsewhere2011-06-30$4,785
Other income received2011-06-30$787,311
Net income (gross income less expenses)2011-06-30$423,332
Net plan assets at end of year (total assets less liabilities)2011-06-30$4,120,258
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$3,696,926
Expenses. Administrative service providers (salaries,fees and commissions)2011-06-30$52,558
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0
2010 : UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-06-30$0

Form 5500 Responses for UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN

2017: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingYes
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 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 – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 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 – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 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 – TrustYes
2014-07-01Plan benefit arrangement - TrustYes
2013: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement - TrustYes
2012: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2010: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Submission has been amendedNo
2010-07-01This submission is the final filingNo
2010-07-01This return/report is a short plan year return/report (less than 12 months)No
2010-07-01Plan is a collectively bargained planNo
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement - TrustYes
2009: UNITED WAY OF MINNEAPOLIS AREA DEFINED BENEFIT PENSION PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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