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403(B) THRIFT PLAN OF TURNER FOUNDATION, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF TURNER FOUNDATION, INC.
Plan identification number 002

403(B) THRIFT PLAN OF TURNER FOUNDATION, 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

TURNER FOUNDATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:TURNER FOUNDATION, INC.
Employer identification number (EIN):581924590
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 TURNER FOUNDATION, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01TROY ETTEL2024-07-31
0022022-01-01TROY ETTEL2023-06-27
0022021-01-01TROY ETTEL2022-09-15
0022020-01-01TROY ETTEL2021-03-22
0022019-01-01RAYMOND GOODREAU2020-04-06
0022018-01-01RAYMOND GOODREAU2019-05-10
0022017-01-01RAYMOND GOODREAU2018-06-11 JUDY ADLER2018-06-11
0022016-01-01RAYMOND GOODREAU2017-04-20 JUDY ADLER2017-04-20
0022015-01-01RAYMOND GOODREAU2016-05-04 MICHAEL V. FINLEY2016-05-04
0022013-01-01RAYMOND GOODREAU2014-05-20 MICHAEL FINLEY2014-05-20
0022012-01-01RAYMOND GOODREAU2013-04-17 MICHAEL FINLEY2013-04-17
0022011-01-01RAYMOND GOODREAU2012-06-07 MICHAEL FINLEY2012-06-25
0022010-01-01RAYMOND GOODREAU2011-07-05 MICHAEL FINLEY2011-07-05

Plan Statistics for 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC.

401k plan membership statisitcs for 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC.

Measure Date Value
2025: 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC. 2025 401k membership
Total number of particpants at beginning of year2025-07-246
Total number of particpants at end of year2025-07-246
Number of Participants With Account Balances2025-07-246
2024: 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC. 2024 401k membership
Total number of particpants at beginning of year2024-07-316
Total number of particpants at end of year2024-07-316
Number of Participants With Account Balances2024-07-316
2022: 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC. 2022 401k membership
Total number of particpants at beginning of year2022-09-159
Total number of particpants at end of year2022-09-158
Number of Participants With Account Balances2022-09-158

Financial Data on 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC.

Measure Date Value
2025 : 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-240
Total liabilities as of the end of the plan year2025-07-240
Total liabilities as of the beginning of the plan year2025-07-240
Total expenses incurred by plan in this plan year2025-07-2492069
Net assets as of the end of the plan year2025-07-242770919
Total assets as of the beginning of the plan year2025-07-242416313
Value of plan covered by a fidelity bond2025-07-24500000
Participant contributions to plan in this plan year2025-07-2423062
Value of participant loans at end of plan year2025-07-2415395
Other expenses paid from plan in this plan year2025-07-240
Other contributions to plan in this plan year2025-07-240
Other income to plan in this plan year2025-07-24406005
Plan net income in this plan year2025-07-24354606
Net assets as of the end of the plan year2025-07-242770919
Net assets as of the beginning of the plan year2025-07-242416313
Employer contributions to plan in this plan year2025-07-2417608
Fees paid to broker by Benefit Provider2025-07-24187
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2469
2024 : 403(B) THRIFT PLAN OF TURNER FOUNDATION, 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 year2024-07-3129000
Net assets as of the end of the plan year2024-07-312416313
Total assets as of the beginning of the plan year2024-07-312021317
Value of plan covered by a fidelity bond2024-07-31500000
Participant contributions to plan in this plan year2024-07-3123067
Value of participant loans at end of plan year2024-07-3146861
Other expenses paid from plan in this plan year2024-07-310
Other contributions to plan in this plan year2024-07-310
Other income to plan in this plan year2024-07-31383319
Plan net income in this plan year2024-07-31394996
Net assets as of the end of the plan year2024-07-312416313
Net assets as of the beginning of the plan year2024-07-312021317
Employer contributions to plan in this plan year2024-07-3117610
Fees paid to broker by Benefit Provider2024-07-3158
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-310
2022 : 403(B) THRIFT PLAN OF TURNER FOUNDATION, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-150
Total liabilities as of the end of the plan year2022-09-150
Total liabilities as of the beginning of the plan year2022-09-150
Total expenses incurred by plan in this plan year2022-09-15341889
Net assets as of the end of the plan year2022-09-152626627
Total assets as of the beginning of the plan year2022-09-152512951
Value of plan covered by a fidelity bond2022-09-15500000
Participant contributions to plan in this plan year2022-09-1519545
Value of participant loans at end of plan year2022-09-1557852
Other expenses paid from plan in this plan year2022-09-1536
Other contributions to plan in this plan year2022-09-150
Other income to plan in this plan year2022-09-15421104
Plan net income in this plan year2022-09-15113676
Net assets as of the end of the plan year2022-09-152626627
Net assets as of the beginning of the plan year2022-09-152512951
Employer contributions to plan in this plan year2022-09-1514916
Fees paid to broker by Benefit Provider2022-09-15855

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