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PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 401k Plan overview

Plan NamePROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA
Plan identification number 001

PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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 METHODIST HOME OF THE DISTRICT OF has sponsored the creation of one or more 401k plans.

Company Name:THE METHODIST HOME OF THE DISTRICT OF
Employer identification number (EIN):530207036
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SCOTT TAYLOR2024-09-30 SCOTT TAYLOR2024-09-30
0012022-01-01SCOTT TAYLOR2023-10-16 SCOTT TAYLOR2023-10-16
0012021-01-01SCOTT TAYLOR2022-08-01 SCOTT TAYLOR2022-08-01
0012020-01-01SCOTT TAYLOR2021-04-07 SCOTT TAYLOR2021-04-07
0012018-01-01DIANA LOWE2019-05-15 DIANA LOWE2019-05-15
0012017-01-01DIANA LOWE2018-06-05 DIANA LOWE2018-06-05
0012016-01-01DIANA LOWE2017-05-15 DIANA LOWE2017-05-15
0012013-01-01SANDRA DOUGLASS2014-05-28 SANDRA DOUGLASS2014-05-28
0012012-01-01SANDRA DOUGLASS2013-05-30 SANDRA DOUGLASS2013-05-30
0012011-01-01SANDRA DOUGLASS2012-06-18 SANDRA DOUGLASS2012-06-18
0012010-01-01SANDRA DOUGLASS2011-06-07 SANDRA DOUGLASS2011-06-07

Plan Statistics for PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA

401k plan membership statisitcs for PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA

Measure Date Value
2025: PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 2025 401k membership
Total number of particpants at beginning of year2025-06-02118
Total number of particpants at end of year2025-06-02101
Number of Participants With Account Balances2025-06-02101
2024: PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 2024 401k membership
Total number of particpants at beginning of year2024-09-30113
Total number of particpants at end of year2024-09-3094
Number of Participants With Account Balances2024-09-3091
2022: PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 2022 401k membership
Total number of particpants at beginning of year2022-08-01102
Total number of particpants at end of year2022-08-0189
Number of Participants With Account Balances2022-08-0184

Financial Data on PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA

Measure Date Value
2025 : PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-020
Total liabilities as of the end of the plan year2025-06-020
Total liabilities as of the beginning of the plan year2025-06-020
Total expenses incurred by plan in this plan year2025-06-02258147
Net assets as of the end of the plan year2025-06-022964555
Total assets as of the beginning of the plan year2025-06-022583358
Value of plan covered by a fidelity bond2025-06-021000000
Participant contributions to plan in this plan year2025-06-02185720
Other expenses paid from plan in this plan year2025-06-020
Other contributions to plan in this plan year2025-06-0220940
Other income to plan in this plan year2025-06-02273728
Plan net income in this plan year2025-06-02381197
Net assets as of the end of the plan year2025-06-022964555
Net assets as of the beginning of the plan year2025-06-022583358
Employer contributions to plan in this plan year2025-06-02158956
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-0226568
2024 : PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-300
Total liabilities as of the end of the plan year2024-09-300
Total liabilities as of the beginning of the plan year2024-09-300
Total expenses incurred by plan in this plan year2024-09-30249364
Net assets as of the end of the plan year2024-09-302583358
Total assets as of the beginning of the plan year2024-09-302269879
Value of plan covered by a fidelity bond2024-09-301000000
Participant contributions to plan in this plan year2024-09-30151646
Other expenses paid from plan in this plan year2024-09-300
Other contributions to plan in this plan year2024-09-300
Other income to plan in this plan year2024-09-30289563
Plan net income in this plan year2024-09-30313479
Net assets as of the end of the plan year2024-09-302583358
Net assets as of the beginning of the plan year2024-09-302269879
Value of contributions failed to transmitted timely2024-09-30100
Employer contributions to plan in this plan year2024-09-30121634
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-3024833
2022 : PROFIT SHARING PLAN OF THE METHODIST HOME OF THE DISTRICT OF COLUMBIA 2022 401k financial data
Total transfers to/from plan in this plan year2022-08-010
Total liabilities as of the end of the plan year2022-08-010
Total liabilities as of the beginning of the plan year2022-08-010
Total expenses incurred by plan in this plan year2022-08-01300512
Net assets as of the end of the plan year2022-08-012832114
Total assets as of the beginning of the plan year2022-08-012586960
Value of plan covered by a fidelity bond2022-08-011000000
Participant contributions to plan in this plan year2022-08-01118932
Other expenses paid from plan in this plan year2022-08-010
Other contributions to plan in this plan year2022-08-013708
Other income to plan in this plan year2022-08-01319201
Plan net income in this plan year2022-08-01245154
Net assets as of the end of the plan year2022-08-012832114
Net assets as of the beginning of the plan year2022-08-012586960
Employer contributions to plan in this plan year2022-08-01103825
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-0127753

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