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EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD 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.
  • 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

SENIOR CITIZENS, INC. DBA FIFTYFORWARD has sponsored the creation of one or more 401k plans.

Company Name:SENIOR CITIZENS, INC. DBA FIFTYFORWARD
Employer identification number (EIN):620566419
NAIC Classification:624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-07-01TERESA MCDANIEL2025-01-24
0022022-07-01TERESA MCDANIEL2024-04-08
0022021-07-01TERESA MCDANIEL2023-06-14
0022021-07-01TERESA MCDANIEL2024-04-08
0022020-07-01TERESA MCDANIEL2022-01-05
0022019-07-01TERESA MCDANIEL2021-01-28
0022017-07-01TERESA MCDANIEL2019-01-30
0022015-07-01TERESA MCDANIEL2017-01-30 TERESA MCDANIEL2017-01-30
0022014-07-01TERESA MCDANIEL2016-01-26 TERESA MCDANIEL2016-01-26
0022013-07-01TERESA MCDANIEL2015-01-08
0022012-07-01TERESA MCDANIEL2014-01-27
0022011-07-01TERESA MCDANIEL2013-01-14
0022010-07-01TERESA MCDANIEL2012-02-14

Plan Statistics for EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD 2025 401k membership
Total number of particpants at beginning of year2025-01-24101
Total number of particpants at end of year2025-01-24109
Number of Participants With Account Balances2025-01-2485
2024: EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD 2024 401k membership
Total number of particpants at beginning of year2024-04-0889
Total number of particpants at end of year2024-04-0898
Number of Participants With Account Balances2024-04-0877

Financial Data on EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD 2025 401k financial data
Total transfers to/from plan in this plan year2025-01-240
Total liabilities as of the end of the plan year2025-01-240
Total liabilities as of the beginning of the plan year2025-01-240
Total expenses incurred by plan in this plan year2025-01-2441775
Net assets as of the end of the plan year2025-01-241626783
Total assets as of the beginning of the plan year2025-01-241284294
Value of plan covered by a fidelity bond2025-01-24150000
Participant contributions to plan in this plan year2025-01-2473398
Other expenses paid from plan in this plan year2025-01-240
Other contributions to plan in this plan year2025-01-24126685
Other income to plan in this plan year2025-01-24184181
Plan net income in this plan year2025-01-24342489
Net assets as of the end of the plan year2025-01-241626783
Net assets as of the beginning of the plan year2025-01-241284294
Employer contributions to plan in this plan year2025-01-240
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-24314
2024 : EMPLOYEE BENEFIT PLAN OF SENIOR CITIZENS, INC. DBA FIFTYFORWARD 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-080
Total liabilities as of the end of the plan year2024-04-080
Total liabilities as of the beginning of the plan year2024-04-080
Total expenses incurred by plan in this plan year2024-04-0826487
Net assets as of the end of the plan year2024-04-081171178
Total assets as of the beginning of the plan year2024-04-081307931
Value of plan covered by a fidelity bond2024-04-08150000
Participant contributions to plan in this plan year2024-04-0864755
Other expenses paid from plan in this plan year2024-04-080
Other contributions to plan in this plan year2024-04-080
Other income to plan in this plan year2024-04-08-175021
Plan net income in this plan year2024-04-08-136753
Net assets as of the end of the plan year2024-04-081171178
Net assets as of the beginning of the plan year2024-04-081307931
Employer contributions to plan in this plan year2024-04-080
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-08291

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