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403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 401k Plan overview

Plan Name403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA
Plan identification number 003

403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 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.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PALMETTO COUNCIL, INC. BOY SCOUTS O F AMERICA has sponsored the creation of one or more 401k plans.

Company Name:PALMETTO COUNCIL, INC. BOY SCOUTS O F AMERICA
Employer identification number (EIN):570314450
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 PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01SAM HANCOCK2024-07-26
0032022-01-01SAM HANCOCK2023-06-30
0032021-01-01SAM HANCOCK2022-05-19
0032020-01-01SAM HANCOCK2021-06-22
0032019-01-01SAM HANCOCK2021-06-22
0032017-01-01GREG W. LEITCH2018-07-30 GREG W. LEITCH2018-07-30
0032016-01-01GREG W. LEITCH2017-07-27 GREG W. LEITCH2017-07-27
0032015-01-01GREG W. LEITCH2016-04-20 GREG W. LEITCH2016-04-20
0032014-01-01GREG W. LEITCH2015-06-12 GREG W. LEITCH2015-06-12
0032013-01-01GREG W. LEITCH2014-07-28 GREG W. LEITCH2014-07-28
0032012-01-01ROBERT GREEN2013-05-21 ROBERT GREEN2013-05-21
0032011-01-01ROBERT GREEN2012-07-31 ROBERT GREEN2012-07-31
0032010-01-01ROBERT GREEN2011-06-17 ROBERT GREEN2011-06-17

Plan Statistics for 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA

401k plan membership statisitcs for 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA

Measure Date Value
2025: 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 2025 401k membership
Total number of particpants at beginning of year2025-06-307
Total number of particpants at end of year2025-06-306
Number of Participants With Account Balances2025-06-305
2024: 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 2024 401k membership
Total number of particpants at beginning of year2024-07-268
Total number of particpants at end of year2024-07-267
Number of Participants With Account Balances2024-07-267
2022: 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 2022 401k membership
Total number of particpants at beginning of year2022-05-198
Total number of particpants at end of year2022-05-198
Number of Participants With Account Balances2022-05-198

Financial Data on 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA

Measure Date Value
2025 : 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-300
Total liabilities as of the end of the plan year2025-06-300
Total liabilities as of the beginning of the plan year2025-06-300
Total expenses incurred by plan in this plan year2025-06-3068807
Net assets as of the end of the plan year2025-06-30167501
Total assets as of the beginning of the plan year2025-06-30208547
Value of plan covered by a fidelity bond2025-06-30100000
Participant contributions to plan in this plan year2025-06-300
Value of participant loans at end of plan year2025-06-3017288
Other expenses paid from plan in this plan year2025-06-300
Other contributions to plan in this plan year2025-06-300
Other income to plan in this plan year2025-06-3027761
Plan net income in this plan year2025-06-30-41046
Net assets as of the end of the plan year2025-06-30167501
Net assets as of the beginning of the plan year2025-06-30208547
Employer contributions to plan in this plan year2025-06-300
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-3022
2024 : 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-260
Total liabilities as of the end of the plan year2024-07-260
Total liabilities as of the beginning of the plan year2024-07-260
Total expenses incurred by plan in this plan year2024-07-26105300
Net assets as of the end of the plan year2024-07-26208547
Total assets as of the beginning of the plan year2024-07-26280518
Value of plan covered by a fidelity bond2024-07-26100000
Participant contributions to plan in this plan year2024-07-260
Other expenses paid from plan in this plan year2024-07-260
Other contributions to plan in this plan year2024-07-260
Other income to plan in this plan year2024-07-2633329
Plan net income in this plan year2024-07-26-71971
Net assets as of the end of the plan year2024-07-26208547
Net assets as of the beginning of the plan year2024-07-26280518
Employer contributions to plan in this plan year2024-07-260
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-2624
2022 : 403(B) THRIFT PLAN OF PALMETTO COUNCIL, INC. BOY SCOUTS OF AMERICA 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-190
Total liabilities as of the end of the plan year2022-05-190
Total liabilities as of the beginning of the plan year2022-05-190
Total expenses incurred by plan in this plan year2022-05-1924
Net assets as of the end of the plan year2022-05-19331790
Total assets as of the beginning of the plan year2022-05-19282350
Value of plan covered by a fidelity bond2022-05-19100000
Participant contributions to plan in this plan year2022-05-190
Other expenses paid from plan in this plan year2022-05-1924
Other contributions to plan in this plan year2022-05-190
Other income to plan in this plan year2022-05-1949464
Plan net income in this plan year2022-05-1949440
Net assets as of the end of the plan year2022-05-19331790
Net assets as of the beginning of the plan year2022-05-19282350
Employer contributions to plan in this plan year2022-05-190

Potentially related plans

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