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BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN 401k Plan overview

Plan NameBOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN
Plan identification number 001

BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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

BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIES, INC.
Employer identification number (EIN):930581470
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01CHAD HOLMES2017-09-29
0012015-01-01SUE BLOOM2016-10-13 SUE BLOOM2016-10-13
0012013-01-01TIMOTHY SINATRA2014-10-10
0012012-01-01TIMOTHY SINATRA2013-07-30
0012011-01-01TIMOTHY SINATRA2012-07-20
0012010-01-01TIMOTHY SINATRA2011-10-13

Plan Statistics for BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN

401k plan membership statisitcs for BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN

Measure Date Value
2024: BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-02100
Total number of particpants at end of year2024-10-0293
Number of Participants With Account Balances2024-10-0274
2022: BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-16102
Total number of particpants at end of year2022-09-1668
Number of Participants With Account Balances2022-09-1651

Financial Data on BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN

Measure Date Value
2024 : BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-020
Total liabilities as of the end of the plan year2024-10-020
Total liabilities as of the beginning of the plan year2024-10-020
Total expenses incurred by plan in this plan year2024-10-02227618
Net assets as of the end of the plan year2024-10-02987500
Total assets as of the beginning of the plan year2024-10-02995358
Value of plan covered by a fidelity bond2024-10-02200000
Participant contributions to plan in this plan year2024-10-0243442
Other expenses paid from plan in this plan year2024-10-024144
Other contributions to plan in this plan year2024-10-020
Other income to plan in this plan year2024-10-02130890
Plan net income in this plan year2024-10-02-7858
Net assets as of the end of the plan year2024-10-02987500
Net assets as of the beginning of the plan year2024-10-02995358
Value of contributions failed to transmitted timely2024-10-02970
Employer contributions to plan in this plan year2024-10-0245428
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-020
2022 : BOYS & GIRLS CLUB OF SALEM, MARION & POLK COUNTIE INC., PENSION PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-160
Total liabilities as of the end of the plan year2022-09-160
Total liabilities as of the beginning of the plan year2022-09-160
Total expenses incurred by plan in this plan year2022-09-1667078
Net assets as of the end of the plan year2022-09-161342897
Total assets as of the beginning of the plan year2022-09-161102103
Value of plan covered by a fidelity bond2022-09-16200000
Participant contributions to plan in this plan year2022-09-1623081
Other expenses paid from plan in this plan year2022-09-163477
Other contributions to plan in this plan year2022-09-160
Other income to plan in this plan year2022-09-16207747
Plan net income in this plan year2022-09-16240794
Net assets as of the end of the plan year2022-09-161342897
Net assets as of the beginning of the plan year2022-09-161102103
Employer contributions to plan in this plan year2022-09-1677044
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-160

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