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403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE 401k Plan overview

Plan Name403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE
Plan identification number 001

403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE 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

Institute for Exceptional Care Institute for Exceptional Care has sponsored the creation of one or more 401k plans.

Company Name:Institute for Exceptional Care Institute for Exceptional Care
Employer identification number (EIN):851278444
NAIC Classification:541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOHN STOWE2024-07-23
0012022-01-01JESSICA DANIELS2023-10-05

Plan Statistics for 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE

401k plan membership statisitcs for 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE

Measure Date Value
2025: 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE 2025 401k membership
Total number of particpants at beginning of year2025-06-128
Total number of particpants at end of year2025-06-1211
Number of Participants With Account Balances2025-06-1211
2024: 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE 2024 401k membership
Total number of particpants at beginning of year2024-07-235
Total number of particpants at end of year2024-07-237
Number of Participants With Account Balances2024-07-237

Financial Data on 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE

Measure Date Value
2025 : 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-120
Total liabilities as of the end of the plan year2025-06-120
Total liabilities as of the beginning of the plan year2025-06-120
Total expenses incurred by plan in this plan year2025-06-125365
Net assets as of the end of the plan year2025-06-12540590
Total assets as of the beginning of the plan year2025-06-12186434
Value of plan covered by a fidelity bond2025-06-121000000
Participant contributions to plan in this plan year2025-06-12112147
Other expenses paid from plan in this plan year2025-06-120
Other contributions to plan in this plan year2025-06-12151031
Other income to plan in this plan year2025-06-1238415
Plan net income in this plan year2025-06-12354156
Net assets as of the end of the plan year2025-06-12540590
Net assets as of the beginning of the plan year2025-06-12186434
Employer contributions to plan in this plan year2025-06-1257928
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-125365
2024 : 403(B) THRIFT PLAN OF INSTITUTE FOR EXCEPTIONAL CARE 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-230
Total liabilities as of the end of the plan year2024-07-230
Total liabilities as of the beginning of the plan year2024-07-230
Total expenses incurred by plan in this plan year2024-07-231717
Net assets as of the end of the plan year2024-07-23186434
Total assets as of the beginning of the plan year2024-07-2361242
Value of plan covered by a fidelity bond2024-07-231000000
Participant contributions to plan in this plan year2024-07-2377094
Other expenses paid from plan in this plan year2024-07-230
Other contributions to plan in this plan year2024-07-230
Other income to plan in this plan year2024-07-2318788
Plan net income in this plan year2024-07-23125192
Net assets as of the end of the plan year2024-07-23186434
Net assets as of the beginning of the plan year2024-07-2361242
Employer contributions to plan in this plan year2024-07-2331027
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-231717

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