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EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC.
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC. 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

UNITED WAY OF ASHEVILLE AND BUNCOMB E COUNTY, INC. has sponsored the creation of one or more 401k plans.

Company Name:UNITED WAY OF ASHEVILLE AND BUNCOMB E COUNTY, INC.
Employer identification number (EIN):560576157
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01MARK HENSELER2024-07-16
0022022-01-01MARK HENSELER2023-10-05
0022021-01-01DENISE LAMB2022-07-08
0022020-01-01DENISE LAMB2021-07-02
0022019-01-01DENISE LAMB2020-08-27
0022018-01-01NONA WORKMAN2019-09-25 NONA WORKMAN2019-09-25
0022017-01-01NONA WORKMAN2018-07-06 NONA WORKMAN2018-07-06
0022016-01-01ADAM LAYTON HOWER2017-07-24 ADAM LAYTON HOWER2017-07-24
0022015-01-01ADAM LAYTON HOWER2016-07-14 ADAM LAYTON HOWER2016-07-14
0022014-01-01ADAM LAYTON HOWER2015-07-28 ADAM LAYTON HOWER2015-07-28
0022013-01-01MAXINE H. BROWN2014-05-29 MAXINE H. BROWN2014-05-29
0022012-01-01MAXINE H. BROWN2013-04-12 MAXINE H. BROWN2013-04-12
0022011-01-01DAVID D. BAILEY2012-06-19
0022010-01-01DAVID D. BAILEY2011-08-31 DAVID D. BAILEY2011-08-31

Financial Data on EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC. 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-090
Total expenses incurred by plan in this plan year2025-07-09111246
Net assets as of the end of the plan year2025-07-092415252
Total assets as of the beginning of the plan year2025-07-092024673
Value of plan covered by a fidelity bond2025-07-09200000
Participant contributions to plan in this plan year2025-07-0958060
Value of participant loans at end of plan year2025-07-0910879
Other income to plan in this plan year2025-07-09326215
Plan net income in this plan year2025-07-09390579
Net assets as of the end of the plan year2025-07-092415252
Net assets as of the beginning of the plan year2025-07-092024673
Employer contributions to plan in this plan year2025-07-09117550
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-0975
2024 : EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-160
Total liabilities as of the end of the plan year2024-07-160
Total liabilities as of the beginning of the plan year2024-07-160
Total expenses incurred by plan in this plan year2024-07-16300265
Net assets as of the end of the plan year2024-07-162024673
Total assets as of the beginning of the plan year2024-07-161825424
Value of plan covered by a fidelity bond2024-07-16200000
Participant contributions to plan in this plan year2024-07-1666281
Value of participant loans at end of plan year2024-07-1611161
Other expenses paid from plan in this plan year2024-07-160
Other contributions to plan in this plan year2024-07-160
Other income to plan in this plan year2024-07-16328098
Plan net income in this plan year2024-07-16199249
Net assets as of the end of the plan year2024-07-162024673
Net assets as of the beginning of the plan year2024-07-161825424
Value of contributions failed to transmitted timely2024-07-169817
Employer contributions to plan in this plan year2024-07-16105135
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1619730
2022 : EMPLOYEE BENEFIT PLAN OF UNITED WAY OF ASHEVILLE AND BUNCOMBE COUNTY, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-080
Total liabilities as of the end of the plan year2022-07-080
Total liabilities as of the beginning of the plan year2022-07-080
Total expenses incurred by plan in this plan year2022-07-08333966
Net assets as of the end of the plan year2022-07-081943437
Total assets as of the beginning of the plan year2022-07-081783190
Value of plan covered by a fidelity bond2022-07-08200000
Participant contributions to plan in this plan year2022-07-0884792
Value of participant loans at end of plan year2022-07-081605
Other expenses paid from plan in this plan year2022-07-080
Other contributions to plan in this plan year2022-07-080
Other income to plan in this plan year2022-07-08299947
Plan net income in this plan year2022-07-08160247
Net assets as of the end of the plan year2022-07-081943437
Net assets as of the beginning of the plan year2022-07-081783190
Employer contributions to plan in this plan year2022-07-08109474
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-0813524

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