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403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC.
Plan identification number 001

403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 First Tee of Charlotte Inc has sponsored the creation of one or more 401k plans.

Company Name:The First Tee of Charlotte Inc
Employer identification number (EIN):562245026
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about The First Tee of Charlotte Inc

Jurisdiction of Incorporation: North Carolina Secretary of State
Incorporation Date:
Company Identification Number: 0576208

More information about The First Tee of Charlotte Inc

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TANYA BRINER2024-06-12
0012022-01-01TANYA BRINER2023-05-17 TANYA BRINER2023-05-17
0012021-01-01TANYA BRINER2022-04-01
0012020-01-01TANYA BRINER2021-06-08
0012019-01-01TANYA BRINER2020-10-09

Financial Data on 403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC.

Measure Date Value
2025 : 403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-250
Total liabilities as of the end of the plan year2025-07-250
Total liabilities as of the beginning of the plan year2025-07-250
Total expenses incurred by plan in this plan year2025-07-2524
Net assets as of the end of the plan year2025-07-2562809
Total assets as of the beginning of the plan year2025-07-2546795
Value of plan covered by a fidelity bond2025-07-2510000
Participant contributions to plan in this plan year2025-07-259863
Other expenses paid from plan in this plan year2025-07-250
Other contributions to plan in this plan year2025-07-250
Other income to plan in this plan year2025-07-256175
Plan net income in this plan year2025-07-2516014
Net assets as of the end of the plan year2025-07-2562809
Net assets as of the beginning of the plan year2025-07-2546795
Employer contributions to plan in this plan year2025-07-250
Fees paid to broker by Benefit Provider2025-07-259
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2524
2024 : 403(B) THRIFT PLAN OF THE FIRST TEE OF CHARLOTTE, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-120
Total liabilities as of the end of the plan year2024-06-120
Total liabilities as of the beginning of the plan year2024-06-120
Total expenses incurred by plan in this plan year2024-06-1224
Net assets as of the end of the plan year2024-06-1246795
Total assets as of the beginning of the plan year2024-06-1231694
Value of plan covered by a fidelity bond2024-06-1210000
Participant contributions to plan in this plan year2024-06-129408
Other expenses paid from plan in this plan year2024-06-120
Other contributions to plan in this plan year2024-06-120
Other income to plan in this plan year2024-06-125568
Plan net income in this plan year2024-06-1215101
Net assets as of the end of the plan year2024-06-1246795
Net assets as of the beginning of the plan year2024-06-1231694
Employer contributions to plan in this plan year2024-06-12149
Fees paid to broker by Benefit Provider2024-06-1239
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-1224

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