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EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, 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.
  • 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

BROWARD COMMUNITY & FAMILY HEALTH C ENTERS, INC. has sponsored the creation of one or more 401k plans.

Company Name:BROWARD COMMUNITY & FAMILY HEALTH C ENTERS, INC.
Employer identification number (EIN):593489664
NAIC Classification:621498
NAIC Description:All Other Outpatient Care Centers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01LILLIAN DELAPAZ2021-10-14
0012019-01-01SHERLINE JEAN2020-10-13
0012018-01-01ROSALYN FRAZIER2019-10-10
0012017-01-01ROSALYN FRAZIER2018-10-04 ROSALYN FRAZIER2018-10-04
0012016-01-01ROSALYN FRAZIER2017-10-05 ROSALYN FRAZIER2017-10-05
0012015-01-01ROSALYN FRAZIER2016-07-05 ROSALYN FRAZIER2016-07-05
0012014-01-01ROSALYN FRAZIER2015-05-06 ROSALYN FRAZIER2015-05-06
0012013-01-01ROSALYN FRAZIER2014-07-22 ROSALYN FRAZIER2014-07-22
0012012-01-01ROSALYN FRAZIER2013-07-17 ROSALYN FRAZIER2013-07-17
0012011-01-01ROSALYN FRAZIER2012-07-03 ROSALYN FRAZIER2012-07-03
0012010-01-01ROSALYN FRAZIER2011-07-27 ROSALYN FRAZIER2011-07-27

Plan Statistics for EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC.

Measure Date Value
2022: EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 2022 401k membership
Total participants, beginning-of-year2022-01-0199
Total number of active participants reported on line 7a of the Form 55002022-01-01134
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0158
Total of all active and inactive participants2022-01-01192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01192
Number of participants with account balances2022-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-016
2021: EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 2021 401k membership
Total participants, beginning-of-year2021-01-0199
Total number of active participants reported on line 7a of the Form 55002021-01-0176
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0153
Total of all active and inactive participants2021-01-01129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01129
Number of participants with account balances2021-01-01129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0120

Financial Data on EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC.

Measure Date Value
2022 : EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 2022 401k financial data
Total plan liabilities at end of year2022-12-31$-272,118
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$113,534
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$1,554,885
Total plan assets at beginning of year2022-12-31$1,713,469
Value of fidelity bond covering the plan2022-12-31$250,000
Total contributions received or receivable from participants2022-12-31$158,306
Contributions received from other sources (not participants or employers)2022-12-31$-91,366
Net income (gross income less expenses)2022-12-31$113,534
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,827,003
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,713,469
Total contributions received or receivable from employer(s)2022-12-31$46,594
2021 : EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$422,961
Expenses. Total of all expenses incurred2021-12-31$311,958
Benefits paid (including direct rollovers)2021-12-31$301,278
Total plan assets at end of year2021-12-31$1,713,469
Total plan assets at beginning of year2021-12-31$1,602,466
Value of fidelity bond covering the plan2021-12-31$250,000
Total contributions received or receivable from participants2021-12-31$136,153
Expenses. Other expenses not covered elsewhere2021-12-31$10,680
Contributions received from other sources (not participants or employers)2021-12-31$5,552
Other income received2021-12-31$241,869
Net income (gross income less expenses)2021-12-31$111,003
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,713,469
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,602,466
Total contributions received or receivable from employer(s)2021-12-31$39,387

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC.

2022: EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY & FAMILY HEALTH CENTERS, INC. 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number056094
Policy instance 1
Insurance contract or identification number056094
Number of Individuals Covered0
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $728
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees728
Additional information about fees paid to insurance brokerINCENTIVE COMPENSATION
Insurance broker organization code?3
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number056094G
Policy instance 1
Insurance contract or identification number056094G
Number of Individuals Covered129
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $322
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees322
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3

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