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THE TERMEER FOUNDATION INC. 401(K) PLAN 401k Plan overview

Plan NameTHE TERMEER FOUNDATION INC. 401(K) PLAN
Plan identification number 001

THE TERMEER FOUNDATION INC. 401(K) PLAN 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

THE TERMEER FOUNDATION INC has sponsored the creation of one or more 401k plans.

Company Name:THE TERMEER FOUNDATION INC
Employer identification number (EIN):833891656
NAIC Classification:541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE TERMEER FOUNDATION INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01QIAN LIU2024-04-30
0012022-01-01CHRISTINE RIMER2023-05-27
0012021-01-01CHRISTINE RIMER2022-06-01

Plan Statistics for THE TERMEER FOUNDATION INC. 401(K) PLAN

401k plan membership statisitcs for THE TERMEER FOUNDATION INC. 401(K) PLAN

Measure Date Value
2025: THE TERMEER FOUNDATION INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-167
Total number of particpants at end of year2025-04-168
Number of Participants With Account Balances2025-04-168
2024: THE TERMEER FOUNDATION INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-304
Total number of particpants at end of year2024-04-307
Number of Participants With Account Balances2024-04-307

Financial Data on THE TERMEER FOUNDATION INC. 401(K) PLAN

Measure Date Value
2025 : THE TERMEER FOUNDATION INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-160
Total liabilities as of the end of the plan year2025-04-160
Total liabilities as of the beginning of the plan year2025-04-160
Total expenses incurred by plan in this plan year2025-04-1624110
Net assets as of the end of the plan year2025-04-16456884
Total assets as of the beginning of the plan year2025-04-16273412
Value of plan covered by a fidelity bond2025-04-16917471694
Participant contributions to plan in this plan year2025-04-1674952
Other expenses paid from plan in this plan year2025-04-160
Other contributions to plan in this plan year2025-04-1621618
Other income to plan in this plan year2025-04-1663571
Plan net income in this plan year2025-04-16183472
Net assets as of the end of the plan year2025-04-16456884
Net assets as of the beginning of the plan year2025-04-16273412
Value of contributions failed to transmitted timely2025-04-160
Employer contributions to plan in this plan year2025-04-1647441
Fees paid to broker by Benefit Provider2025-04-160
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-16286
2024 : THE TERMEER FOUNDATION INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-300
Total liabilities as of the end of the plan year2024-04-300
Total liabilities as of the beginning of the plan year2024-04-300
Total expenses incurred by plan in this plan year2024-04-30234
Net assets as of the end of the plan year2024-04-30273412
Total assets as of the beginning of the plan year2024-04-3094439
Value of plan covered by a fidelity bond2024-04-30705050000
Participant contributions to plan in this plan year2024-04-3066770
Other expenses paid from plan in this plan year2024-04-300
Other contributions to plan in this plan year2024-04-3039592
Other income to plan in this plan year2024-04-3033844
Plan net income in this plan year2024-04-30178973
Net assets as of the end of the plan year2024-04-30273412
Net assets as of the beginning of the plan year2024-04-3094439
Value of contributions failed to transmitted timely2024-04-300
Employer contributions to plan in this plan year2024-04-3039001
Fees paid to broker by Benefit Provider2024-04-300
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-30234

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