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THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 401k Plan overview

Plan NameTHE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN
Plan identification number 002

THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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 CENTER FOR RURAL DEVELOPMENT has sponsored the creation of one or more 401k plans.

Company Name:THE CENTER FOR RURAL DEVELOPMENT
Employer identification number (EIN):611291304
NAIC Classification:921000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01LONNIE LAWSON2024-10-01
0022022-01-01LONNIE LAWSON2023-06-15
0022021-01-01LONNIE LAWSON2022-10-06
0022021-01-01LONNIE LAWSON2022-10-06
0022020-01-01LONNIE LAWSON2021-09-30
0022019-01-01LONNIE LAWSON2020-07-27

Plan Statistics for THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN

401k plan membership statisitcs for THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN

Measure Date Value
2025: THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-1836
Total number of particpants at end of year2025-09-1836
Number of Participants With Account Balances2025-09-1826
2024: THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0130
Total number of particpants at end of year2024-10-0137
Number of Participants With Account Balances2024-10-0126
2022: THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-0628
Total number of particpants at end of year2022-10-0630
Number of Participants With Account Balances2022-10-0626

Financial Data on THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN

Measure Date Value
2025 : THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-09-180
Total liabilities as of the beginning of the plan year2025-09-180
Total expenses incurred by plan in this plan year2025-09-18846746
Net assets as of the end of the plan year2025-09-183395369
Total assets as of the beginning of the plan year2025-09-183729766
Value of plan covered by a fidelity bond2025-09-18500000
Participant contributions to plan in this plan year2025-09-1880937
Other expenses paid from plan in this plan year2025-09-180
Other contributions to plan in this plan year2025-09-180
Other income to plan in this plan year2025-09-18326302
Plan net income in this plan year2025-09-18-334397
Net assets as of the end of the plan year2025-09-183395369
Net assets as of the beginning of the plan year2025-09-183729766
Employer contributions to plan in this plan year2025-09-18105110
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1822505
2024 : THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-01161919
Net assets as of the end of the plan year2024-10-013729766
Total assets as of the beginning of the plan year2024-10-013274706
Value of plan covered by a fidelity bond2024-10-01500000
Participant contributions to plan in this plan year2024-10-0176097
Other expenses paid from plan in this plan year2024-10-0122530
Other income to plan in this plan year2024-10-01435395
Plan net income in this plan year2024-10-01455060
Net assets as of the end of the plan year2024-10-013729766
Net assets as of the beginning of the plan year2024-10-013274706
Employer contributions to plan in this plan year2024-10-01105487
2022 : THE CENTER FOR RURAL DEVELOPMENT, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-06186113
Net assets as of the end of the plan year2022-10-063847750
Total assets as of the beginning of the plan year2022-10-063360672
Value of plan covered by a fidelity bond2022-10-06500000
Participant contributions to plan in this plan year2022-10-0663700
Other expenses paid from plan in this plan year2022-10-0625768
Other income to plan in this plan year2022-10-06509795
Plan net income in this plan year2022-10-06487078
Net assets as of the end of the plan year2022-10-063847750
Net assets as of the beginning of the plan year2022-10-063360672
Employer contributions to plan in this plan year2022-10-0699696

Potentially related plans

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