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Plan Name | OPTIONS FOR LEARNING 403(B) PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | OPTIONS FOR LEARNING |
Employer identification number (EIN): | 953602641 |
NAIC Classification: | 813000 |
NAIC Description: | Â Religious, Grantmaking, Civic, Professional, and Similar Organizations |
Additional information about OPTIONS FOR LEARNING
Jurisdiction of Incorporation: | North Carolina Secretary of State |
Incorporation Date: | |
Company Identification Number: | 0108626 |
More information about OPTIONS FOR LEARNING
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-01-01 |
Measure | Date | Value |
---|---|---|
2022: OPTIONS FOR LEARNING 403(B) PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 0 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 901 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 192 |
Total of all active and inactive participants | 2022-01-01 | 1,093 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 1,093 |
Number of participants with account balances | 2022-01-01 | 953 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 44 |
Measure | Date | Value |
---|---|---|
2022 : OPTIONS FOR LEARNING 403(B) PLAN 2022 401k financial data | ||
Transfers to/from the plan | 2022-12-31 | $5,607,051 |
Total income from all sources | 2022-12-31 | $2,461,659 |
Expenses. Total of all expenses incurred | 2022-12-31 | $323,311 |
Benefits paid (including direct rollovers) | 2022-12-31 | $304,768 |
Total plan assets at end of year | 2022-12-31 | $7,745,399 |
Total plan assets at beginning of year | 2022-12-31 | $0 |
Value of fidelity bond covering the plan | 2022-12-31 | $500,000 |
Total contributions received or receivable from participants | 2022-12-31 | $1,273,706 |
Expenses. Other expenses not covered elsewhere | 2022-12-31 | $18,543 |
Contributions received from other sources (not participants or employers) | 2022-12-31 | $184,910 |
Other income received | 2022-12-31 | $-314,301 |
Net income (gross income less expenses) | 2022-12-31 | $2,138,348 |
Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $7,745,399 |
Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2022-12-31 | $1,317,344 |
2022: OPTIONS FOR LEARNING 403(B) PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | First time form 5500 has been submitted | Yes |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |