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NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 401k Plan overview

Plan NameNORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN
Plan identification number 005

NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 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.
  • 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

NORTH DAKOTA UNITED has sponsored the creation of one or more 401k plans.

Company Name:NORTH DAKOTA UNITED
Employer identification number (EIN):450173140
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052018-09-01GARY RATH2020-06-03
0052017-09-01GARY RATH2019-06-17
0052016-09-01
0052015-09-01
0052014-09-01
0052013-09-01GARY RATH GARY RATH2015-05-27
0052012-09-01GARY RATH GARY RATH2014-06-13
0052011-09-01GARY RATH GARY RATH2013-05-28
0052009-09-01GARY RATH GARY RATH2011-06-14
0052009-09-01GARY RATH GARY RATH2011-06-14

Plan Statistics for NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN

401k plan membership statisitcs for NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN

Measure Date Value
2018: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-09-0139
Total number of active participants reported on line 7a of the Form 55002018-09-0123
Number of retired or separated participants receiving benefits2018-09-010
Number of other retired or separated participants entitled to future benefits2018-09-0116
Total of all active and inactive participants2018-09-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-09-010
Total participants2018-09-0139
Number of participants with account balances2018-09-0139
2017: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-09-0136
Total number of active participants reported on line 7a of the Form 55002017-09-0122
Number of other retired or separated participants entitled to future benefits2017-09-0117
Total of all active and inactive participants2017-09-0139
Total participants2017-09-0139
Number of participants with account balances2017-09-0139
2016: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-09-0135
Total number of active participants reported on line 7a of the Form 55002016-09-0123
Number of other retired or separated participants entitled to future benefits2016-09-0113
Total of all active and inactive participants2016-09-0136
Total participants2016-09-0136
Number of participants with account balances2016-09-0137
2015: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-09-0136
Total number of active participants reported on line 7a of the Form 55002015-09-0121
Number of other retired or separated participants entitled to future benefits2015-09-0111
Total of all active and inactive participants2015-09-0132
Total participants2015-09-0132
Number of participants with account balances2015-09-0133
2014: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-09-0132
Total number of active participants reported on line 7a of the Form 55002014-09-0121
Number of other retired or separated participants entitled to future benefits2014-09-0115
Total of all active and inactive participants2014-09-0136
Total participants2014-09-0136
Number of participants with account balances2014-09-0136
2013: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-09-0128
Total number of active participants reported on line 7a of the Form 55002013-09-0120
Number of other retired or separated participants entitled to future benefits2013-09-0112
Total of all active and inactive participants2013-09-0132
Total participants2013-09-0132
Number of participants with account balances2013-09-0134
2012: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-09-0127
Total number of active participants reported on line 7a of the Form 55002012-09-0117
Number of other retired or separated participants entitled to future benefits2012-09-0111
Total of all active and inactive participants2012-09-0128
Total participants2012-09-0128
Number of participants with account balances2012-09-0128
2011: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-09-0126
Total number of active participants reported on line 7a of the Form 55002011-09-0117
Number of other retired or separated participants entitled to future benefits2011-09-0110
Total of all active and inactive participants2011-09-0127
Total participants2011-09-0127
Number of participants with account balances2011-09-0127
2009: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-09-0120
Total number of active participants reported on line 7a of the Form 55002009-09-0116
Number of other retired or separated participants entitled to future benefits2009-09-017
Total of all active and inactive participants2009-09-0123
Total participants2009-09-0123
Number of participants with account balances2009-09-0123

Financial Data on NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN

Measure Date Value
2019 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2019 401k financial data
Total income from all sources2019-08-31$292,975
Expenses. Total of all expenses incurred2019-08-31$42,372
Benefits paid (including direct rollovers)2019-08-31$42,372
Total plan assets at end of year2019-08-31$3,322,334
Total plan assets at beginning of year2019-08-31$3,071,731
Total contributions received or receivable from participants2019-08-31$129,779
Contributions received from other sources (not participants or employers)2019-08-31$0
Other income received2019-08-31$76,916
Net income (gross income less expenses)2019-08-31$250,603
Net plan assets at end of year (total assets less liabilities)2019-08-31$3,322,334
Net plan assets at beginning of year (total assets less liabilities)2019-08-31$3,071,731
Assets. Value of participant loans2019-08-31$44,701
Total contributions received or receivable from employer(s)2019-08-31$86,280
2017 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2017 401k financial data
Total income from all sources2017-08-31$357,569
Expenses. Total of all expenses incurred2017-08-31$105,221
Benefits paid (including direct rollovers)2017-08-31$105,221
Total plan assets at end of year2017-08-31$2,590,566
Total plan assets at beginning of year2017-08-31$2,338,218
Total contributions received or receivable from participants2017-08-31$96,138
Contributions received from other sources (not participants or employers)2017-08-31$161,109
Other income received2017-08-31$21,243
Net income (gross income less expenses)2017-08-31$252,348
Net plan assets at end of year (total assets less liabilities)2017-08-31$2,590,566
Net plan assets at beginning of year (total assets less liabilities)2017-08-31$2,338,218
Assets. Value of participant loans2017-08-31$40,617
Total contributions received or receivable from employer(s)2017-08-31$79,079
2016 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2016 401k financial data
Total income from all sources2016-08-31$269,658
Expenses. Total of all expenses incurred2016-08-31$187,354
Benefits paid (including direct rollovers)2016-08-31$187,354
Total plan assets at end of year2016-08-31$2,338,218
Total plan assets at beginning of year2016-08-31$2,255,914
Total contributions received or receivable from participants2016-08-31$65,142
Other income received2016-08-31$127,332
Net income (gross income less expenses)2016-08-31$82,304
Net plan assets at end of year (total assets less liabilities)2016-08-31$2,338,218
Net plan assets at beginning of year (total assets less liabilities)2016-08-31$2,255,914
Assets. Value of participant loans2016-08-31$29,100
Total contributions received or receivable from employer(s)2016-08-31$77,184
2015 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2015 401k financial data
Total income from all sources2015-08-31$268,081
Expenses. Total of all expenses incurred2015-08-31$309,605
Benefits paid (including direct rollovers)2015-08-31$309,605
Total plan assets at end of year2015-08-31$2,255,914
Total plan assets at beginning of year2015-08-31$2,297,438
Total contributions received or receivable from participants2015-08-31$45,478
Other income received2015-08-31$148,923
Net income (gross income less expenses)2015-08-31$-41,524
Net plan assets at end of year (total assets less liabilities)2015-08-31$2,255,914
Net plan assets at beginning of year (total assets less liabilities)2015-08-31$2,297,438
Assets. Value of participant loans2015-08-31$49,810
Total contributions received or receivable from employer(s)2015-08-31$73,680
2014 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2014 401k financial data
Total income from all sources2014-08-31$375,249
Expenses. Total of all expenses incurred2014-08-31$141,408
Benefits paid (including direct rollovers)2014-08-31$131,308
Total plan assets at end of year2014-08-31$2,297,438
Total plan assets at beginning of year2014-08-31$2,063,597
Total contributions received or receivable from participants2014-08-31$77,911
Other income received2014-08-31$224,465
Net income (gross income less expenses)2014-08-31$233,841
Net plan assets at end of year (total assets less liabilities)2014-08-31$2,297,438
Net plan assets at beginning of year (total assets less liabilities)2014-08-31$2,063,597
Assets. Value of participant loans2014-08-31$30,517
Total contributions received or receivable from employer(s)2014-08-31$72,873
Value of certain deemed distributions of participant loans2014-08-31$10,100
2013 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2013 401k financial data
Total income from all sources2013-08-31$317,642
Expenses. Total of all expenses incurred2013-08-31$59,575
Benefits paid (including direct rollovers)2013-08-31$59,575
Total plan assets at end of year2013-08-31$2,063,597
Total plan assets at beginning of year2013-08-31$1,805,530
Total contributions received or receivable from participants2013-08-31$89,483
Other income received2013-08-31$166,246
Net income (gross income less expenses)2013-08-31$258,067
Net plan assets at end of year (total assets less liabilities)2013-08-31$2,063,597
Net plan assets at beginning of year (total assets less liabilities)2013-08-31$1,805,530
Assets. Value of participant loans2013-08-31$11,252
Total contributions received or receivable from employer(s)2013-08-31$61,913
2012 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2012 401k financial data
Total income from all sources2012-08-31$292,024
Expenses. Total of all expenses incurred2012-08-31$44,621
Benefits paid (including direct rollovers)2012-08-31$44,621
Total plan assets at end of year2012-08-31$1,805,530
Total plan assets at beginning of year2012-08-31$1,558,127
Total contributions received or receivable from participants2012-08-31$86,788
Other income received2012-08-31$144,557
Net income (gross income less expenses)2012-08-31$247,403
Net plan assets at end of year (total assets less liabilities)2012-08-31$1,805,530
Net plan assets at beginning of year (total assets less liabilities)2012-08-31$1,558,127
Assets. Value of participant loans2012-08-31$11,138
Total contributions received or receivable from employer(s)2012-08-31$60,679
2011 : NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2011 401k financial data
Total income from all sources2011-08-31$288,884
Expenses. Total of all expenses incurred2011-08-31$52,553
Benefits paid (including direct rollovers)2011-08-31$52,553
Total plan assets at end of year2011-08-31$1,558,127
Total plan assets at beginning of year2011-08-31$1,321,796
Total contributions received or receivable from participants2011-08-31$77,390
Other income received2011-08-31$154,592
Net income (gross income less expenses)2011-08-31$236,331
Net plan assets at end of year (total assets less liabilities)2011-08-31$1,558,127
Net plan assets at beginning of year (total assets less liabilities)2011-08-31$1,321,796
Assets. Value of participant loans2011-08-31$19,857
Total contributions received or receivable from employer(s)2011-08-31$56,902

Form 5500 Responses for NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN

2018: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2018 form 5500 responses
2018-09-01Type of plan entitySingle employer plan
2018-09-01Plan funding arrangement – InsuranceYes
2018-09-01Plan funding arrangement – TrustYes
2018-09-01Plan benefit arrangement – InsuranceYes
2018-09-01Plan benefit arrangement - TrustYes
2017: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2017 form 5500 responses
2017-09-01Type of plan entitySingle employer plan
2017-09-01Plan funding arrangement – InsuranceYes
2017-09-01Plan funding arrangement – TrustYes
2017-09-01Plan benefit arrangement – InsuranceYes
2017-09-01Plan benefit arrangement - TrustYes
2016: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2016 form 5500 responses
2016-09-01Type of plan entitySingle employer plan
2016-09-01Plan funding arrangement – InsuranceYes
2016-09-01Plan funding arrangement – TrustYes
2016-09-01Plan benefit arrangement – InsuranceYes
2016-09-01Plan benefit arrangement - TrustYes
2015: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2015 form 5500 responses
2015-09-01Type of plan entitySingle employer plan
2015-09-01Plan funding arrangement – InsuranceYes
2015-09-01Plan funding arrangement – TrustYes
2015-09-01Plan benefit arrangement – InsuranceYes
2015-09-01Plan benefit arrangement - TrustYes
2014: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2014 form 5500 responses
2014-09-01Type of plan entitySingle employer plan
2014-09-01Plan funding arrangement – InsuranceYes
2014-09-01Plan funding arrangement – TrustYes
2014-09-01Plan benefit arrangement – InsuranceYes
2014-09-01Plan benefit arrangement - TrustYes
2013: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2013 form 5500 responses
2013-09-01Type of plan entitySingle employer plan
2013-09-01Plan funding arrangement – InsuranceYes
2013-09-01Plan funding arrangement – TrustYes
2013-09-01Plan benefit arrangement – InsuranceYes
2013-09-01Plan benefit arrangement - TrustYes
2012: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2012 form 5500 responses
2012-09-01Type of plan entitySingle employer plan
2012-09-01Plan funding arrangement – InsuranceYes
2012-09-01Plan funding arrangement – TrustYes
2012-09-01Plan benefit arrangement – InsuranceYes
2012-09-01Plan benefit arrangement - TrustYes
2011: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2011 form 5500 responses
2011-09-01Type of plan entitySingle employer plan
2011-09-01Plan funding arrangement – InsuranceYes
2011-09-01Plan funding arrangement – TrustYes
2011-09-01Plan benefit arrangement – InsuranceYes
2011-09-01Plan benefit arrangement - TrustYes
2009: NORTH DAKOTA EDUCATION ASSOCIATION 401K PLAN 2009 form 5500 responses
2009-09-01Type of plan entitySingle employer plan
2009-09-01This submission is the final filingNo
2009-09-01Plan funding arrangement – InsuranceYes
2009-09-01Plan funding arrangement – TrustYes
2009-09-01Plan benefit arrangement – InsuranceYes
2009-09-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered39
Insurance policy start date2018-09-01
Insurance policy end date2019-08-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered39
Insurance policy start date2017-09-01
Insurance policy end date2018-08-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered36
Insurance policy start date2014-09-01
Insurance policy end date2015-08-31
Total amount of commissions paid to insurance brokerUSD $2,543
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,335
Insurance broker organization code?3
Insurance broker nameSHAWN REHM
HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered34
Insurance policy start date2013-09-01
Insurance policy end date2014-08-31
Total amount of commissions paid to insurance brokerUSD $3,970
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,029
Insurance broker organization code?3
Insurance broker nameSHAWN REHM
HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered28
Insurance policy start date2012-09-01
Insurance policy end date2013-08-31
Total amount of commissions paid to insurance brokerUSD $3,785
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,785
Insurance broker organization code?3
Insurance broker nameLELAND A FLEISHER
HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered27
Insurance policy start date2011-09-01
Insurance policy end date2012-08-31
Total amount of commissions paid to insurance brokerUSD $3,687
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HORACE MANN LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 64513 )
Policy contract numberNDEA401
Policy instance 1
Insurance contract or identification numberNDEA401
Number of Individuals Covered26
Insurance policy start date2010-09-01
Insurance policy end date2011-08-31
Total amount of commissions paid to insurance brokerUSD $3,357
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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