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SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 401k Plan overview

Plan NameSPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN
Plan identification number 001

SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION 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

SPECIAL OLYMPICS ARIZONA has sponsored the creation of one or more 401k plans.

Company Name:SPECIAL OLYMPICS ARIZONA
Employer identification number (EIN):860307564
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MARY CHRISTENSEN2023-05-26
0012021-01-01MARY CHRISTENSEN2022-05-25
0012020-01-01MARY CHRISTENSEN2021-07-08
0012019-01-01MARY CHRISTENSEN2020-07-18
0012018-01-01MARY CHRISTENSEN2019-06-05
0012017-01-01MARY CHRISTENSEN2018-07-09
0012016-01-01MARY CHRISTENSEN2017-07-25
0012015-01-01SARAH HAINES2016-06-27
0012014-01-01SARAH HAINES2015-06-12
0012013-01-01SARAH HAINES2014-06-26
0012012-01-01SARAH HAINES2013-06-04
0012011-01-01SARAH HAINES2012-06-13
0012010-01-01SARAH HAINES2011-07-07
0012009-01-01SARAH HAINES
0012008-01-01SARAH HAINES SARAH HAINES2011-08-09

Plan Statistics for SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN

401k plan membership statisitcs for SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN

Measure Date Value
2009: SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0120
Total number of active participants reported on line 7a of the Form 55002009-01-0120
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0124
Number of participants with account balances2009-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0128
Total number of active participants reported on line 7a of the Form 55002008-01-0119
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-017
Total of all active and inactive participants2008-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0126
Number of participants with account balances2008-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-011

Financial Data on SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN

Measure Date Value
2009 : SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
2008 : SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 2008 401k financial data
Total plan liabilities at end of year2008-12-31$0
Total plan liabilities at beginning of year2008-12-31$7,939
Total income from all sources2008-12-31$-2,907
Expenses. Total of all expenses incurred2008-12-31$196,581
Benefits paid (including direct rollovers)2008-12-31$196,581
Total plan assets at end of year2008-12-31$84,352
Total plan assets at beginning of year2008-12-31$291,779
Total contributions received or receivable from participants2008-12-31$40,816
Expenses. Other expenses not covered elsewhere2008-12-31$0
Contributions received from other sources (not participants or employers)2008-12-31$0
Other income received2008-12-31$-55,379
Noncash contributions received2008-12-31$0
Net income (gross income less expenses)2008-12-31$-199,488
Net plan assets at end of year (total assets less liabilities)2008-12-31$84,352
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$283,840
Total contributions received or receivable from employer(s)2008-12-31$11,656
Value of certain deemed distributions of participant loans2008-12-31$0
Value of corrective distributions2008-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2008-12-31$0

Form 5500 Responses for SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN

2009: SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes
2008: SPECIAL OLYMPICS ARIZONA 401(K) SALARY REDUCTION PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – InsuranceYes
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement – InsuranceYes
2008-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP73641
Policy instance 1
Insurance contract or identification numberGP73641
Number of Individuals Covered14
Insurance policy start date2008-01-01
Insurance policy end date2008-12-31
Total amount of commissions paid to insurance brokerUSD $1,503
Total amount of fees paid to insurance companyUSD $251
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,072
Amount paid for insurance broker fees179
Additional information about fees paid to insurance brokerMARKETING ALLOWANCE
Insurance broker organization code?4
Insurance broker nameENTERPRISE GENERAL INSURANCE A

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