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TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 401k Plan overview

Plan NameTAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC.
Plan identification number 002

TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

SCHERMAN FOUNDATION, INC has sponsored the creation of one or more 401k plans.

Company Name:SCHERMAN FOUNDATION, INC
Employer identification number (EIN):136098464
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01MITCHELL PRATT2022-05-10 MITCHELL PRATT2022-05-10
0022020-01-01MITCHELL PRATT2021-06-10 MITCHELL PRATT2021-06-10
0022018-01-01MITCHELL PRATT2019-07-11 MITCHELL PRATT2019-07-11
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01MITCHELL PRATT2015-07-30
0022013-01-01MITCHELL PRATT
0022012-01-01MITCHELL PRATT
0022011-01-01MITCHELL PRATT
0022009-01-01MITCHELL PRATT MITCHELL PRATT2010-10-12
0022009-01-01 MITCHELL PRATT2010-10-12
0022009-01-01MITCHELL PRATT MITCHELL PRATT2010-10-12

Plan Statistics for TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC.

401k plan membership statisitcs for TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC.

Measure Date Value
2013: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-013
Total number of active participants reported on line 7a of the Form 55002013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-013
Total participants2013-01-013
Number of participants with account balances2013-01-013
2012: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-014
Total number of active participants reported on line 7a of the Form 55002012-01-012
Number of other retired or separated participants entitled to future benefits2012-01-011
Total of all active and inactive participants2012-01-013
Total participants2012-01-013
Number of participants with account balances2012-01-013
2011: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-012
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-014
Number of participants with account balances2011-01-014
2009: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-014
Total number of active participants reported on line 7a of the Form 55002009-01-012
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-014
Number of participants with account balances2009-01-014

Form 5500 Responses for TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC.

2013: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: TAX DEFERRED ANNUITY PLAN OF THE SCHERMAN FOUNDATION, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number007337D
Policy instance 1
Insurance contract or identification number007337D
Number of Individuals Covered3
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number007337D
Policy instance 1
Insurance contract or identification number007337D
Number of Individuals Covered3
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number007337D
Policy instance 1
Insurance contract or identification number007337D
Number of Individuals Covered4
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $8
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number007337D
Policy instance 1
Insurance contract or identification number007337D
Number of Individuals Covered4
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $35
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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