THE NEW COMMUNITY SCHOOL FOUNDATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE NEW COMMUNITY SCHOOL 403(B) DC PLAN
| Measure | Date | Value |
|---|
| 2023 : THE NEW COMMUNITY SCHOOL 403(B) DC PLAN 2023 401k financial data |
|---|
| Total transfer of assets to this plan | 2023-08-31 | $4,747,811 |
| Total income from all sources (including contributions) | 2023-08-31 | $1,522,904 |
| Total of all expenses incurred | 2023-08-31 | $910,123 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-08-31 | $905,506 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-08-31 | $566,443 |
| Value of total assets at end of year | 2023-08-31 | $9,442,826 |
| Value of total assets at beginning of year | 2023-08-31 | $4,082,234 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-08-31 | $4,617 |
| Total interest from all sources | 2023-08-31 | $110,426 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-08-31 | $7,952 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-08-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-08-31 | $7,952 |
| Was this plan covered by a fidelity bond | 2023-08-31 | Yes |
| Value of fidelity bond cover | 2023-08-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-08-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-08-31 | No |
| Contributions received from participants | 2023-08-31 | $268,904 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-08-31 | $23,728 |
| Other income not declared elsewhere | 2023-08-31 | $6,358 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-08-31 | No |
| Value of net income/loss | 2023-08-31 | $612,781 |
| Value of net assets at end of year (total assets less liabilities) | 2023-08-31 | $9,442,826 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-08-31 | $4,082,234 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-08-31 | No |
| Investment advisory and management fees | 2023-08-31 | $4,049 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-08-31 | $6,272,660 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-08-31 | $2,672,611 |
| Value of interest in pooled separate accounts at end of year | 2023-08-31 | $292,631 |
| Value of interest in pooled separate accounts at beginning of year | 2023-08-31 | $239,836 |
| Interest earned on other investments | 2023-08-31 | $110,426 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-08-31 | $2,877,535 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-08-31 | $1,169,787 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-08-31 | $257,289 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-08-31 | $874,445 |
| Net investment gain/loss from pooled separate accounts | 2023-08-31 | $-42,720 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-08-31 | No |
| Contributions received in cash from employer | 2023-08-31 | $273,811 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-08-31 | $648,217 |
| Contract administrator fees | 2023-08-31 | $568 |
| Did the plan have assets held for investment | 2023-08-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-08-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-08-31 | Unqualified |
| Accountancy firm name | 2023-08-31 | WELLSCOLEMAN |
| Accountancy firm EIN | 2023-08-31 | 540593442 |
| 2022 : THE NEW COMMUNITY SCHOOL 403(B) DC PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-08-31 | $137,602 |
| Total of all expenses incurred | 2022-08-31 | $10,167 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-08-31 | $10,167 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-08-31 | $43,228 |
| Value of total assets at end of year | 2022-08-31 | $4,082,234 |
| Value of total assets at beginning of year | 2022-08-31 | $3,954,799 |
| Total interest from all sources | 2022-08-31 | $8,231 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-08-31 | No |
| Was this plan covered by a fidelity bond | 2022-08-31 | Yes |
| Value of fidelity bond cover | 2022-08-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-08-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-08-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-08-31 | No |
| Value of net income/loss | 2022-08-31 | $127,435 |
| Value of net assets at end of year (total assets less liabilities) | 2022-08-31 | $4,082,234 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-08-31 | $3,954,799 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-08-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-08-31 | $2,672,611 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-08-31 | $2,601,101 |
| Value of interest in pooled separate accounts at end of year | 2022-08-31 | $239,836 |
| Value of interest in pooled separate accounts at beginning of year | 2022-08-31 | $195,360 |
| Interest earned on other investments | 2022-08-31 | $8,231 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-08-31 | $1,169,787 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-08-31 | $1,158,338 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-08-31 | $84,903 |
| Net investment gain/loss from pooled separate accounts | 2022-08-31 | $1,240 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-08-31 | No |
| Contributions received in cash from employer | 2022-08-31 | $43,228 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-08-31 | $10,167 |
| Did the plan have assets held for investment | 2022-08-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-08-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-08-31 | Unqualified |
| Accountancy firm name | 2022-08-31 | WELLSCOLEMAN |
| Accountancy firm EIN | 2022-08-31 | 540593442 |
| Total income from all sources (including contributions) | 2022-06-30 | $-205,125 |
| Total of all expenses incurred | 2022-06-30 | $170,530 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $170,530 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $251,795 |
| Value of total assets at end of year | 2022-06-30 | $3,954,799 |
| Value of total assets at beginning of year | 2022-06-30 | $4,330,454 |
| Total interest from all sources | 2022-06-30 | $41,310 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
| Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
| Value of fidelity bond cover | 2022-06-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Value of net income/loss | 2022-06-30 | $-375,655 |
| Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $3,954,799 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $4,330,454 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-06-30 | $2,601,101 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-06-30 | $3,054,770 |
| Value of interest in pooled separate accounts at end of year | 2022-06-30 | $195,360 |
| Value of interest in pooled separate accounts at beginning of year | 2022-06-30 | $164,665 |
| Interest earned on other investments | 2022-06-30 | $41,310 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-06-30 | $1,158,338 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-06-30 | $1,111,019 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-06-30 | $-534,322 |
| Net investment gain/loss from pooled separate accounts | 2022-06-30 | $36,092 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
| Contributions received in cash from employer | 2022-06-30 | $251,795 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $170,530 |
| Did the plan have assets held for investment | 2022-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
| Accountancy firm name | 2022-06-30 | WELLSCOLEMAN |
| Accountancy firm EIN | 2022-06-30 | 540593442 |
| 2021 : THE NEW COMMUNITY SCHOOL 403(B) DC PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-06-30 | $1,128,638 |
| Total of all expenses incurred | 2021-06-30 | $355,546 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $355,546 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-30 | $262,638 |
| Value of total assets at end of year | 2021-06-30 | $4,330,454 |
| Value of total assets at beginning of year | 2021-06-30 | $3,557,362 |
| Total interest from all sources | 2021-06-30 | $40,623 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-30 | No |
| Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
| Value of fidelity bond cover | 2021-06-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-06-30 | $27,132 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
| Value of net income/loss | 2021-06-30 | $773,092 |
| Value of net assets at end of year (total assets less liabilities) | 2021-06-30 | $4,330,454 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-06-30 | $3,557,362 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-06-30 | $3,054,770 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-06-30 | $2,335,267 |
| Value of interest in pooled separate accounts at end of year | 2021-06-30 | $164,665 |
| Value of interest in pooled separate accounts at beginning of year | 2021-06-30 | $153,442 |
| Interest earned on other investments | 2021-06-30 | $40,623 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-06-30 | $1,111,019 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-06-30 | $1,068,653 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-06-30 | $814,434 |
| Net investment gain/loss from pooled separate accounts | 2021-06-30 | $10,943 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
| Contributions received in cash from employer | 2021-06-30 | $235,506 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-30 | $355,546 |
| Did the plan have assets held for investment | 2021-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Unqualified |
| Accountancy firm name | 2021-06-30 | WELLSCOLEMAN |
| Accountancy firm EIN | 2021-06-30 | 540593442 |
