401k Plan data: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN plan

MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 401k Plan overview

Plan Name	MINNESOTA VALLEY ACTION COUNCIL 401K PLAN
Plan identification number	002

MINNESOTA VALLEY ACTION COUNCIL 401K PLAN Benefits

401k Plan Type

Defined 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.
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

MINNESOTA VALLEY ACTION COUNCIL has sponsored the creation of one or more 401k plans.

Company Name: MINNESOTA VALLEY ACTION COUNCIL

Employer identification number (EIN): 416050353

NAIC Classification: 624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MINNESOTA VALLEY ACTION COUNCIL 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-04-01 LYNN SORENSON LYNN SORENSON 2018-10-04

Plan Statistics for MINNESOTA VALLEY ACTION COUNCIL 401K PLAN

401k plan membership statisitcs for MINNESOTA VALLEY ACTION COUNCIL 401K PLAN

Measure Date Value
2022: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 238
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 249
Number of retired or separated participants receiving benefits 2022-01-01 12
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 261
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 261
Number of participants with account balances 2022-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 236
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 221
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 17
Total of all active and inactive participants 2021-01-01 238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 238
Number of participants with account balances 2021-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 226
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 222
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 14
Total of all active and inactive participants 2020-01-01 236
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 236
Number of participants with account balances 2020-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 215
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 204
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 13
Total of all active and inactive participants 2019-01-01 218
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 218
Number of participants with account balances 2019-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 219
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 212
Number of other retired or separated participants entitled to future benefits 2018-01-01 5
Total of all active and inactive participants 2018-01-01 217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 217
Number of participants with account balances 2018-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-04-01 204
Total number of active participants reported on line 7a of the Form 5500 2017-04-01 216
Number of retired or separated participants receiving benefits 2017-04-01 0
Number of other retired or separated participants entitled to future benefits 2017-04-01 3
Total of all active and inactive participants 2017-04-01 219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-04-01 0
Total participants 2017-04-01 219
Number of participants with account balances 2017-04-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-04-01 0

Measure	Date	Value
2022: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	238
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	249
Number of retired or separated participants receiving benefits	2022-01-01	12
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	261
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	261
Number of participants with account balances	2022-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	236
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	221
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	17
Total of all active and inactive participants	2021-01-01	238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	238
Number of participants with account balances	2021-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	226
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	222
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	14
Total of all active and inactive participants	2020-01-01	236
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	236
Number of participants with account balances	2020-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	215
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	204
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	13
Total of all active and inactive participants	2019-01-01	218
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	218
Number of participants with account balances	2019-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	219
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	212
Number of other retired or separated participants entitled to future benefits	2018-01-01	5
Total of all active and inactive participants	2018-01-01	217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	217
Number of participants with account balances	2018-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-04-01	204
Total number of active participants reported on line 7a of the Form 5500	2017-04-01	216
Number of retired or separated participants receiving benefits	2017-04-01	0
Number of other retired or separated participants entitled to future benefits	2017-04-01	3
Total of all active and inactive participants	2017-04-01	219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-04-01	0
Total participants	2017-04-01	219
Number of participants with account balances	2017-04-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-04-01	0

Financial Data on MINNESOTA VALLEY ACTION COUNCIL 401K PLAN

Measure	Date	Value
2022 : MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-19,829
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$69,521
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$54,934
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$234,743
Value of total assets at end of year	2022-12-31	$1,734,439
Value of total assets at beginning of year	2022-12-31	$1,823,789
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$14,587
Total interest from all sources	2022-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$40,571
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$40,571
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$400,000
If this is an individual account plan, was there a blackout period	2022-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$234,743
Total non interest bearing cash at end of year	2022-12-31	$0
Total non interest bearing cash at beginning of year	2022-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-89,350
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$1,734,439
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$1,823,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$14,587
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,649,706
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,766,509
Value of interest in common/collective trusts at end of year	2022-12-31	$84,733
Value of interest in common/collective trusts at beginning of year	2022-12-31	$57,160
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$120
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$120
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-295,143
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$54,934
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	Yes
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CLIFTON LARSON ALLEN, LLP
Accountancy firm EIN	2022-12-31	410746749
2021 : MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$370,326
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$106,447
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$92,042
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$223,642
Value of total assets at end of year	2021-12-31	$1,823,789
Value of total assets at beginning of year	2021-12-31	$1,559,910
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$14,405
Total interest from all sources	2021-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$243,150
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$243,150
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$400,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$223,642
Administrative expenses (other) incurred	2021-12-31	$14,405
Total non interest bearing cash at end of year	2021-12-31	$0
Total non interest bearing cash at beginning of year	2021-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$263,879
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$1,823,789
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$1,559,910
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,766,509
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,496,454
Value of interest in common/collective trusts at end of year	2021-12-31	$57,160
Value of interest in common/collective trusts at beginning of year	2021-12-31	$63,417
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$120
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$39
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$39
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$-98,168
Net investment gain or loss from common/collective trusts	2021-12-31	$1,702
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$92,042
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	CLIFTON LARSON ALLEN, LLP
Accountancy firm EIN	2021-12-31	410746749
2020 : MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$422,850
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$196,220
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$185,107
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$191,415
Value of total assets at end of year	2020-12-31	$1,559,910
Value of total assets at beginning of year	2020-12-31	$1,333,280
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$11,113
Total interest from all sources	2020-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$64,093
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$64,093
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$400,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$1,065
Administrative expenses (other) incurred	2020-12-31	$11,113
Total non interest bearing cash at end of year	2020-12-31	$0
Total non interest bearing cash at beginning of year	2020-12-31	$6,920
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$226,630
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$1,559,910
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$1,333,280
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$1,496,454
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$1,281,393
Value of interest in common/collective trusts at end of year	2020-12-31	$63,417
Value of interest in common/collective trusts at beginning of year	2020-12-31	$44,967
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$39
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$166,204
Net investment gain or loss from common/collective trusts	2020-12-31	$1,138
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$190,350
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$185,107
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	CLIFTON LARSON ALLEN, LLP
Accountancy firm EIN	2020-12-31	410746749
2019 : MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$493,975
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$94,227
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$83,774
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$277,013
Value of total assets at end of year	2019-12-31	$1,333,280
Value of total assets at beginning of year	2019-12-31	$933,532
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$10,453
Total interest from all sources	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$19,965
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$19,965
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$400,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$198,954
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$78,059
Administrative expenses (other) incurred	2019-12-31	$10,453
Total non interest bearing cash at end of year	2019-12-31	$6,920
Total non interest bearing cash at beginning of year	2019-12-31	$23
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$399,748
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$1,333,280
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$933,532
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$1,281,393
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$907,380
Value of interest in common/collective trusts at end of year	2019-12-31	$44,967
Value of interest in common/collective trusts at beginning of year	2019-12-31	$26,129
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$195,965
Net investment gain or loss from common/collective trusts	2019-12-31	$1,032
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$83,774
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	CLIFTON LARSON ALLEN, LLP
Accountancy firm EIN	2019-12-31	410746749
2018 : MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$159,434
Total of all expenses incurred	2018-12-31	$87,845
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$78,958
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$243,622
Value of total assets at end of year	2018-12-31	$933,532
Value of total assets at beginning of year	2018-12-31	$861,943
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$8,887
Total interest from all sources	2018-12-31	$2
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$76,537
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$76,537
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$400,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$33,064
Administrative expenses (other) incurred	2018-12-31	$8,887
Total non interest bearing cash at end of year	2018-12-31	$23
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$71,589
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$933,532
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$861,943
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$907,380
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$847,316
Value of interest in common/collective trusts at end of year	2018-12-31	$26,129
Value of interest in common/collective trusts at beginning of year	2018-12-31	$14,627
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$2
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-161,276
Net investment gain or loss from common/collective trusts	2018-12-31	$549
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$210,558
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$78,958
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	SMITH SCHAFER & ASSOCIATES
Accountancy firm EIN	2018-12-31	411489071
2017 : MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$865,884
Total of all expenses incurred	2017-12-31	$3,941
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$356
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$793,131
Value of total assets at end of year	2017-12-31	$861,943
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$3,585
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$13,875
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$13,875
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$400,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$158,408
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$634,665
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$861,943
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$861,943
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$3,585
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$847,316
Value of interest in common/collective trusts at end of year	2017-12-31	$14,627
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$58,591
Net investment gain or loss from common/collective trusts	2017-12-31	$287
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$58
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$356
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	SMITH SCHAFER & ASSOCIATES
Accountancy firm EIN	2017-12-31	411489071

Form 5500 Responses for MINNESOTA VALLEY ACTION COUNCIL 401K PLAN

2022: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MINNESOTA VALLEY ACTION COUNCIL 401K PLAN 2017 form 5500 responses
2017-04-01	Type of plan entity	Single employer plan
2017-04-01	First time form 5500 has been submitted	Yes
2017-04-01	Submission has been amended	No
2017-04-01	This submission is the final filing	No
2017-04-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-04-01	Plan is a collectively bargained plan	No
2017-04-01	Plan funding arrangement – Trust	Yes
2017-04-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MINNESOTA VALLEY ACTION COUNCIL
Employer identification number (EIN):	416050353
NAIC Classification:	624200