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403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 401k Plan overview

Plan Name403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES
Plan identification number 001

403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 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.
  • 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

OKLAHOMA ASSOCIATION OF COMMUNITY A CTION AGENCIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:OKLAHOMA ASSOCIATION OF COMMUNITY A CTION AGENCIES, INC.
Employer identification number (EIN):731059837
NAIC Classification:921000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KARLA BENFORD2023-08-29
0012021-01-01KARLA BENFORD2022-10-12
0012020-01-01ANDREA MORRISSEY2021-07-22
0012020-01-01ANDREA MORRISSEY2021-07-22
0012019-01-01
0012018-01-01ANDREA MORRISSEY2019-04-03
0012017-01-01ANDREA MORRISSEY2018-05-30
0012016-01-01ANDREA MORRISSEY2017-07-26
0012015-01-01ALANA CARPENTER2016-07-22
0012014-01-01PATTYLAUB2015-09-16
0012013-01-01PATTY LAUB2014-06-20 PATTY LAUB2014-06-20
0012012-01-01PATTY LAUB2013-04-23 PATTY LAUB2013-04-23
0012011-01-01PATTY LAUB2012-07-30 PATTY LAUB2012-07-30
0012009-01-01PATTY LAUB
0012009-01-01PATTY LAUB

Plan Statistics for 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES

401k plan membership statisitcs for 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES

Measure Date Value
2019: 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 2019 401k membership
Total participants, beginning-of-year2019-01-015
Total number of active participants reported on line 7a of the Form 55002019-01-015
Number of retired or separated participants receiving benefits2019-01-010
Total of all active and inactive participants2019-01-015
Total participants2019-01-015
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2009: 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-016
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-016
Number of participants with account balances2009-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES

Measure Date Value
2019 : 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 2019 401k financial data
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$67,430
Expenses. Total of all expenses incurred2019-12-31$0
Benefits paid (including direct rollovers)2019-12-31$0
Total plan assets at end of year2019-12-31$376,125
Total plan assets at beginning of year2019-12-31$308,695
Value of fidelity bond covering the plan2019-12-31$280
Total contributions received or receivable from participants2019-12-31$14,340
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$41,592
Net income (gross income less expenses)2019-12-31$67,430
Net plan assets at end of year (total assets less liabilities)2019-12-31$376,125
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$308,695
Total contributions received or receivable from employer(s)2019-12-31$11,498
Value of certain deemed distributions of participant loans2019-12-31$0

Form 5500 Responses for 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES

2019: 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01First time form 5500 has been submittedYes
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes
2009: 403(B) THRIFT PLAN OF OKLAHOMA ASSOCIATION OF COMMUNITY ACTION AGENCIES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan 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 number056960D
Policy instance 1
Insurance contract or identification number056960D
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $120
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 fees33
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameCHRISTOPHER GEDDIE

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