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NORTH CAROLINA LEADERSHIP ACADEMY 401k Plan overview

Plan NameNORTH CAROLINA LEADERSHIP ACADEMY
Plan identification number 001

NORTH CAROLINA LEADERSHIP ACADEMY Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Profit-sharing
  • 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

THE NORTH CAROLINA LEADERSHIP ACADEMY has sponsored the creation of one or more 401k plans.

Company Name:THE NORTH CAROLINA LEADERSHIP ACADEMY
Employer identification number (EIN):461185191
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH CAROLINA LEADERSHIP ACADEMY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01BARBARA HEDGECOCK2023-11-13
0012022-01-01BARBARA HEDGECOCK2023-08-01
0012021-01-01BARBARA HEDGECOCK2022-10-05
0012020-01-01BARBARA HEDGECOCK2021-08-13
0012019-01-01BARBARA HEDGECOCK2021-02-04
0012018-01-01BARBARA HEDGECOCK2021-02-04
0012017-01-01KIMBERLY STANLEY2019-07-16
0012017-01-01BARBARA HEDGECOCK2021-02-04
0012016-01-01KATHRYN LOHR2017-10-13
0012015-01-01KATHRYN LOHR2017-10-13
0012014-01-01BARBARA HEDGECOCK2021-02-04

Plan Statistics for NORTH CAROLINA LEADERSHIP ACADEMY

401k plan membership statisitcs for NORTH CAROLINA LEADERSHIP ACADEMY

Measure Date Value
2022: NORTH CAROLINA LEADERSHIP ACADEMY 2022 401k membership
Total number of particpants at beginning of year2022-10-0594
Total number of particpants at end of year2022-10-05103
Number of Participants With Account Balances2022-10-0535

Financial Data on NORTH CAROLINA LEADERSHIP ACADEMY

Measure Date Value
2022 : NORTH CAROLINA LEADERSHIP ACADEMY 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-0515698
Net assets as of the end of the plan year2022-10-05307801
Total assets as of the beginning of the plan year2022-10-05282729
Value of plan covered by a fidelity bond2022-10-05250000
Participant contributions to plan in this plan year2022-10-054821
Other income to plan in this plan year2022-10-0535949
Plan net income in this plan year2022-10-0525072
Net assets as of the end of the plan year2022-10-05307801
Net assets as of the beginning of the plan year2022-10-05282729
Value of contributions failed to transmitted timely2022-10-054529
Fees paid to broker by Benefit Provider2022-10-05647

Potentially related plans

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