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403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC.
Plan identification number 001

403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

FRANCISCAN CENTER INC has sponsored the creation of one or more 401k plans.

Company Name:FRANCISCAN CENTER INC
Employer identification number (EIN):521164260
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about FRANCISCAN CENTER INC

Jurisdiction of Incorporation: Maryland Secretary of State
Incorporation Date:
Company Identification Number: D00979682

More information about FRANCISCAN CENTER INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARK HANSEN2024-07-05
0012022-01-01MARK HANSEN2023-10-11

Financial Data on 403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC.

Measure Date Value
2025 : 403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-010
Total liabilities as of the end of the plan year2025-10-010
Total liabilities as of the beginning of the plan year2025-10-010
Total expenses incurred by plan in this plan year2025-10-016197
Net assets as of the end of the plan year2025-10-0180919
Total assets as of the beginning of the plan year2025-10-0150579
Value of plan covered by a fidelity bond2025-10-013500
Participant contributions to plan in this plan year2025-10-0128590
Other expenses paid from plan in this plan year2025-10-010
Other contributions to plan in this plan year2025-10-010
Other income to plan in this plan year2025-10-017947
Plan net income in this plan year2025-10-0130340
Net assets as of the end of the plan year2025-10-0180919
Net assets as of the beginning of the plan year2025-10-0150579
Employer contributions to plan in this plan year2025-10-010
Fees paid to broker by Benefit Provider2025-10-0154
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-01225
2024 : 403(B) THRIFT PLAN FOR EMPLOYEES OF FRANCISCAN CENTER, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-050
Total liabilities as of the end of the plan year2024-07-050
Total liabilities as of the beginning of the plan year2024-07-050
Total expenses incurred by plan in this plan year2024-07-055583
Net assets as of the end of the plan year2024-07-0550579
Total assets as of the beginning of the plan year2024-07-0530271
Value of plan covered by a fidelity bond2024-07-053500
Participant contributions to plan in this plan year2024-07-0519411
Other expenses paid from plan in this plan year2024-07-050
Other contributions to plan in this plan year2024-07-050
Other income to plan in this plan year2024-07-056480
Plan net income in this plan year2024-07-0520308
Net assets as of the end of the plan year2024-07-0550579
Net assets as of the beginning of the plan year2024-07-0530271
Employer contributions to plan in this plan year2024-07-050
Fees paid to broker by Benefit Provider2024-07-0552
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-05101

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