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EMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER 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.
  • 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 MENTORING CENTER has sponsored the creation of one or more 401k plans.

Company Name:THE MENTORING CENTER
Employer identification number (EIN):943167241
NAIC Classification:624200

Additional information about THE MENTORING CENTER

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1524805

More information about THE MENTORING CENTER

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ERISA FIDUCIARY SERVICES, INC
0012023-01-01FANYA KAMAKINI2024-07-22
0012022-01-01FANYA KA MAKINI2023-08-01 FANYA KA MAKINI2023-08-01
0012021-01-01FANYA KAMAKINI2022-07-28
0012020-01-01FANYA KAMAKINI2021-07-16
0012019-01-01FANYA KAMAKINI2020-07-29
0012018-01-01FANYA KAMAKINI2019-07-31
0012017-01-01FANYA KA MAKINI2018-10-15 FANYA KA MAKINI2018-10-15
0012016-01-01FANYA KA MAKINI2017-10-13 FANYA KA MAKINI2017-10-13
0012015-01-01FANYA KA MAKINI2016-10-13 FANYA KA MAKINI2016-10-13
0012014-01-01FANYA KA MAKINI2015-10-15 FANYA KA MAKINI2015-10-15

Financial Data on EMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER

Measure Date Value
2024 : EMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-220
Total liabilities as of the end of the plan year2024-07-220
Total liabilities as of the beginning of the plan year2024-07-220
Total expenses incurred by plan in this plan year2024-07-224579
Net assets as of the end of the plan year2024-07-22267834
Total assets as of the beginning of the plan year2024-07-22240690
Value of plan covered by a fidelity bond2024-07-2225000
Participant contributions to plan in this plan year2024-07-220
Other expenses paid from plan in this plan year2024-07-220
Other contributions to plan in this plan year2024-07-220
Other income to plan in this plan year2024-07-2231723
Plan net income in this plan year2024-07-2227144
Net assets as of the end of the plan year2024-07-22267834
Net assets as of the beginning of the plan year2024-07-22240690
Employer contributions to plan in this plan year2024-07-220
Fees paid to broker by Benefit Provider2024-07-2215
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-2248
Transfers to/from the plan2024-01-01$0
Total plan liabilities at end of year2024-01-01$0
Total plan liabilities at beginning of year2024-01-01$0
Total income from all sources2024-01-01$2,777
Expenses. Total of all expenses incurred2024-01-01$0
Benefits paid (including direct rollovers)2024-01-01$0
Total plan assets at end of year2024-01-01$2,777
Total plan assets at beginning of year2024-01-01$0
Value of fidelity bond covering the plan2024-01-01$500,000
Total contributions received or receivable from participants2024-01-01$6,975
Expenses. Other expenses not covered elsewhere2024-01-01$0
Contributions received from other sources (not participants or employers)2024-01-01$0
Other income received2024-01-01$-9,817
Net income (gross income less expenses)2024-01-01$2,777
Net plan assets at end of year (total assets less liabilities)2024-01-01$2,777
Net plan assets at beginning of year (total assets less liabilities)2024-01-01$0
Total contributions received or receivable from employer(s)2024-01-01$5,619
Value of certain deemed distributions of participant loans2024-01-01$0
Value of corrective distributions2024-01-01$0
Expenses. Administrative service providers (salaries,fees and commissions)2024-01-01$0
2022 : EMPLOYEE BENEFIT PLAN OF THE MENTORING CENTER 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-280
Total liabilities as of the end of the plan year2022-07-280
Total liabilities as of the beginning of the plan year2022-07-280
Total expenses incurred by plan in this plan year2022-07-28138
Net assets as of the end of the plan year2022-07-28272505
Total assets as of the beginning of the plan year2022-07-28223436
Value of plan covered by a fidelity bond2022-07-2825000
Participant contributions to plan in this plan year2022-07-2813840
Other expenses paid from plan in this plan year2022-07-28138
Other contributions to plan in this plan year2022-07-280
Other income to plan in this plan year2022-07-2827757
Plan net income in this plan year2022-07-2849069
Net assets as of the end of the plan year2022-07-28272505
Net assets as of the beginning of the plan year2022-07-28223436
Employer contributions to plan in this plan year2022-07-287610
Fees paid to broker by Benefit Provider2022-07-2824

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