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403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC.
Plan identification number 001

403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.
  • 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

VIRGINIA POVERTY LAW CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:VIRGINIA POVERTY LAW CENTER, INC.
Employer identification number (EIN):541093402
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CAROL GORDON2024-07-31
0012022-01-01CAROL GORDON2023-10-16 CAROL GORDON2023-10-16
0012021-01-01CAROL GORDON2022-10-17
0012020-01-01LINDSEY NOBLE2021-07-30
0012019-01-01ANN VOSS2020-10-15
0012018-01-01ANN VOSS2019-10-11
0012017-01-01ANN VOSS2018-05-03 ANN VOSS2018-05-03
0012016-01-01ANN VOSS2017-04-13 ANN VOSS2017-04-13
0012015-01-01DANIELLE MANUEL2016-05-13 DANIELLE MANUEL2016-05-13
0012014-01-01DANIELLE MANUEL2015-05-28 DANIELLE MANUEL2015-05-28
0012013-01-01DANIELLE MANUEL2014-05-28
0012012-01-01DANIELLE MANUEL2013-07-09
0012011-01-01JAMES SPEER2012-07-20
0012010-01-01JAMES W. SPEER2011-10-14 JAMES W. SPEER2011-10-14

Plan Statistics for 403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC.

401k plan membership statisitcs for 403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC.

Measure Date Value
2024: 403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC. 2024 401k membership
Total number of particpants at beginning of year2024-07-3153
Total number of particpants at end of year2024-07-3161
Number of Participants With Account Balances2024-07-3155

Financial Data on 403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC.

Measure Date Value
2024 : 403(B) THRIFT PLAN OF VIRGINIA POVERTY LAW CENTER, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-310
Total liabilities as of the end of the plan year2024-07-310
Total liabilities as of the beginning of the plan year2024-07-310
Total expenses incurred by plan in this plan year2024-07-3130360
Net assets as of the end of the plan year2024-07-313907996
Total assets as of the beginning of the plan year2024-07-312912722
Value of plan covered by a fidelity bond2024-07-31500000
Participant contributions to plan in this plan year2024-07-31214144
Other expenses paid from plan in this plan year2024-07-310
Other contributions to plan in this plan year2024-07-3119761
Other income to plan in this plan year2024-07-31590226
Plan net income in this plan year2024-07-31995274
Net assets as of the end of the plan year2024-07-313907996
Net assets as of the beginning of the plan year2024-07-312912722
Employer contributions to plan in this plan year2024-07-31201503
Fees paid to broker by Benefit Provider2024-07-31531
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-31237

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