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EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY Benefits

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

401k Sponsoring company profile

THE HOUSING COMMISSION OF TALBOT CO UNTY has sponsored the creation of one or more 401k plans.

Company Name:THE HOUSING COMMISSION OF TALBOT CO UNTY
Employer identification number (EIN):222184852
NAIC Classification:624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01LORRAINE MCCLANAHAN2019-07-29
0012016-07-01DON BIBB2017-07-03 DON BIBB2017-07-03
0012015-07-01DON BIBB2017-01-23 DON BIBB2017-01-23
0012014-07-01DON BIBB2016-04-11 DON BIBB2016-04-11
0012013-07-01DON BIBB2015-01-06
0012012-07-01DON BIBB2015-01-06
0012011-07-01DON BIBB
0012009-07-01DON BIBB

Plan Statistics for EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY

Measure Date Value
2011: EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2011 401k membership
Total participants, beginning-of-year2011-07-018
Total number of active participants reported on line 7a of the Form 55002011-07-018
Total of all active and inactive participants2011-07-018
Total participants2011-07-018
Number of participants with account balances2011-07-018
2009: EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2009 401k membership
Total participants, beginning-of-year2009-07-018
Total number of active participants reported on line 7a of the Form 55002009-07-018
Number of retired or separated participants receiving benefits2009-07-010
Number of other retired or separated participants entitled to future benefits2009-07-010
Total of all active and inactive participants2009-07-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-010
Total participants2009-07-018
Number of participants with account balances2009-07-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY

Measure Date Value
2012 : EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2012 401k financial data
Total income from all sources2012-06-30$20,483
Expenses. Total of all expenses incurred2012-06-30$144
Total plan assets at end of year2012-06-30$306,404
Total plan assets at beginning of year2012-06-30$286,065
Value of fidelity bond covering the plan2012-06-30$25,000
Other income received2012-06-30$-842
Net income (gross income less expenses)2012-06-30$20,339
Net plan assets at end of year (total assets less liabilities)2012-06-30$306,404
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$286,065
Assets. Value of participant loans2012-06-30$22,312
Total contributions received or receivable from employer(s)2012-06-30$21,325
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$144
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$0
Funding deficiency by the employer to the plan for this plan year2012-06-30$0
Minimum employer required contribution for this plan year2012-06-30$23,190
Amount contributed by the employer to the plan for this plan year2012-06-30$23,190
2011 : EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2011 401k financial data
Total income from all sources2011-06-30$47,711
Expenses. Total of all expenses incurred2011-06-30$168
Total plan assets at end of year2011-06-30$286,065
Total plan assets at beginning of year2011-06-30$238,522
Value of fidelity bond covering the plan2011-06-30$25,000
Expenses. Other expenses not covered elsewhere2011-06-30$168
Other income received2011-06-30$29,444
Net income (gross income less expenses)2011-06-30$47,543
Net plan assets at end of year (total assets less liabilities)2011-06-30$286,065
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$238,522
Assets. Value of participant loans2011-06-30$18,221
Total contributions received or receivable from employer(s)2011-06-30$18,267
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0
Funding deficiency by the employer to the plan for this plan year2011-06-30$0
Minimum employer required contribution for this plan year2011-06-30$24,037
Amount contributed by the employer to the plan for this plan year2011-06-30$24,037
2010 : EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2010 401k financial data
Funding deficiency by the employer to the plan for this plan year2010-06-30$0
Minimum employer required contribution for this plan year2010-06-30$22,231
Amount contributed by the employer to the plan for this plan year2010-06-30$22,231

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY

2011: EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – InsuranceYes
2011-07-01Plan benefit arrangement – InsuranceYes
2009: EMPLOYEE BENEFIT PLAN OF THE HOUSING COMMISSION OF TALBOT COUNTY 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planNo
2009-07-01Plan funding arrangement – InsuranceYes
2009-07-01Plan 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 number056904E
Policy instance 1
Insurance contract or identification number056904E
Number of Individuals Covered8
Insurance policy start date2011-07-01
Insurance policy end date2012-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $30
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 number056904E
Policy instance 1
Insurance contract or identification number056904E
Number of Individuals Covered8
Insurance policy start date2010-07-01
Insurance policy end date2011-06-30
Total amount of fees paid to insurance companyUSD $32
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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