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INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN 401k Plan overview

Plan NameINTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN
Plan identification number 501

INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

INTERNATIONAL HOUSE OF PRAYER has sponsored the creation of one or more 401k plans.

Company Name:INTERNATIONAL HOUSE OF PRAYER
Employer identification number (EIN):452262183
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about INTERNATIONAL HOUSE OF PRAYER

Jurisdiction of Incorporation: Michigan Secretary of State
Incorporation Date: 0000-00-00
Company Identification Number: 734662
Legal Registered Office Address: ECORSE STE 200 TAYLOR 48180


United States of America (USA)
20136

More information about INTERNATIONAL HOUSE OF PRAYER

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012016-01-01KATHLEEN KNAPP

Plan Statistics for INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN

401k plan membership statisitcs for INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN

Measure Date Value
2016: INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01262
Total number of active participants reported on line 7a of the Form 55002016-01-01225
Total of all active and inactive participants2016-01-01225
Total participants2016-01-01225

Financial Data on INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN

Measure Date Value
2016 : INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$293,019
Total of all expenses incurred2016-12-31$293,019
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$213,248
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$293,019
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$79,771
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$157,896
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$99,899
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$135,123
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$113,349
Contract administrator fees2016-12-31$79,771
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No

Form 5500 Responses for INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN

2016: INTERNATIONAL HOUSE OF PRAYER HEALTH BENEFIT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – General assets of the sponsorYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – General assets of the sponsorYes

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