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EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES 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 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

GREATER TWIN CITIES YOUTH SYMPHONIES has sponsored the creation of one or more 401k plans.

Company Name:GREATER TWIN CITIES YOUTH SYMPHONIES
Employer identification number (EIN):416038525
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MEGEN BALDA2024-09-05
0012022-01-01MEGEN BALDA2023-10-09
0012021-01-01MEGEN BALDA2022-10-07
0012020-01-01MEGEN BALDA2021-07-23

Financial Data on EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-070
Total liabilities as of the end of the plan year2025-10-070
Total liabilities as of the beginning of the plan year2025-10-070
Total expenses incurred by plan in this plan year2025-10-0737348
Net assets as of the end of the plan year2025-10-07815996
Total assets as of the beginning of the plan year2025-10-07652329
Value of plan covered by a fidelity bond2025-10-07100000
Participant contributions to plan in this plan year2025-10-0766365
Other expenses paid from plan in this plan year2025-10-070
Other contributions to plan in this plan year2025-10-070
Other income to plan in this plan year2025-10-07112669
Plan net income in this plan year2025-10-07163667
Net assets as of the end of the plan year2025-10-07815996
Net assets as of the beginning of the plan year2025-10-07652329
Employer contributions to plan in this plan year2025-10-0721981
Fees paid to broker by Benefit Provider2025-10-07230
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-0746
2024 : EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-050
Total liabilities as of the end of the plan year2024-09-050
Total liabilities as of the beginning of the plan year2024-09-050
Total expenses incurred by plan in this plan year2024-09-053090
Net assets as of the end of the plan year2024-09-05652329
Total assets as of the beginning of the plan year2024-09-05447767
Value of plan covered by a fidelity bond2024-09-0550000
Participant contributions to plan in this plan year2024-09-0557103
Other expenses paid from plan in this plan year2024-09-050
Other contributions to plan in this plan year2024-09-0526195
Other income to plan in this plan year2024-09-05104230
Plan net income in this plan year2024-09-05204562
Net assets as of the end of the plan year2024-09-05652329
Net assets as of the beginning of the plan year2024-09-05447767
Employer contributions to plan in this plan year2024-09-0520124
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-0524
2022 : EMPLOYEE BENEFIT PLAN OF GREATER TWIN CITIES YOUTH SYMPHONIES 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-070
Total liabilities as of the end of the plan year2022-10-070
Total liabilities as of the beginning of the plan year2022-10-070
Total expenses incurred by plan in this plan year2022-10-0730
Net assets as of the end of the plan year2022-10-07497116
Total assets as of the beginning of the plan year2022-10-07365246
Value of plan covered by a fidelity bond2022-10-0750000
Participant contributions to plan in this plan year2022-10-0744468
Other expenses paid from plan in this plan year2022-10-0730
Other contributions to plan in this plan year2022-10-070
Other income to plan in this plan year2022-10-0770689
Plan net income in this plan year2022-10-07131870
Net assets as of the end of the plan year2022-10-07497116
Net assets as of the beginning of the plan year2022-10-07365246
Employer contributions to plan in this plan year2022-10-0716743
Fees paid to broker by Benefit Provider2022-10-0721

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