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OPPORTUNITY FOUNDATION INC EMPLOYEE RETIREMENT PLAN 401k Plan overview

Plan NameOPPORTUNITY FOUNDATION INC EMPLOYEE RETIREMENT PLAN
Plan identification number 001

OPPORTUNITY FOUNDATION INC EMPLOYEE RETIREMENT 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

OPPORTUNITY FOUNDATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:OPPORTUNITY FOUNDATION, INC.
Employer identification number (EIN):450373040
NAIC Classification:624100
NAIC Description: Individual and Family Services

Additional information about OPPORTUNITY FOUNDATION, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2001-04-05
Company Identification Number: P01000034970
Legal Registered Office Address: 941 FOURTH STREET

MIAMI BEACH

33139

More information about OPPORTUNITY FOUNDATION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OPPORTUNITY FOUNDATION INC EMPLOYEE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-07-01CHRISTY JEANNOTTE2021-11-23 CHRISTY JEANNOTTE2021-11-23
0012019-04-01CHRISTY JEANNOTTE2020-12-09 CHRISTY JEANNOTTE2020-12-09
0012018-04-01CHRISTY JEANNOTTE2019-10-14
0012017-04-01CHRISTY JEANNOTTE2018-08-29 CHRISTY JEANNOTTE2018-08-29
0012016-04-01CHRISTY JEANNOTTE2017-08-23 CHRISTY JEANNOTTE2017-08-23
0012015-04-01CHRISTY JEANNOTTE2016-09-21 CHRISTY JEANNOTTE2016-09-21
0012014-04-01CHRISTY JEANNOTTE2015-09-22 CHRISTY JEANNOTTE2015-09-22
0012013-04-01CHRISTY JEANNOTTE2014-08-27 CHRISTY JEANNOTTE2014-08-27
0012012-04-01CHRISTY JEANNOTTE2015-03-24 CHRISTY JEANNOTTE2015-03-24
0012011-04-01CHRISTY JEANNOTTE2012-09-10
0012010-04-01CHRISTY JEANNOTTE2011-12-01

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number745308-01
Policy instance 1
Insurance contract or identification number745308-01
Number of Individuals Covered79
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
Total amount of commissions paid to insurance brokerUSD $17,803
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $13,352
Insurance broker organization code?3

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