401k Plan data: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN plan

WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 401k Plan overview

Plan Name	WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN
Plan identification number	003

WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Life insurance

401k Sponsoring company profile

WEBSTER CALHOUN COOPERATIVE TELEPHONE ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name: WEBSTER CALHOUN COOPERATIVE TELEPHONE ASSOCIATION

Employer identification number (EIN): 420736432

NAIC Classification: 517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01 DARYLCARLSON 2023-08-17 DARYLCARLSON 2023-08-17
003 2021-01-01 DARYL CARLSON 2022-05-19
003 2020-01-01 DARYL CARLSON 2021-05-20
003 2018-01-01 DARYL CARLSON 2019-07-22
003 2017-01-01 DARYL CARLSON 2018-07-20
003 2016-01-01 DARYL CARLSON
003 2015-01-01 DARYL CARLSON
003 2014-01-01 DARYL CARLSON 2015-07-06
003 2013-01-01 DARYL CARLSON 2014-07-15
003 2012-01-01 DARYL CARLSON 2013-07-23
003 2011-01-01 DARYL CARLSON 2012-07-03
003 2010-01-01 DARYL CARLSON 2011-06-16

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-01-01	DARYLCARLSON	2023-08-17	DARYLCARLSON	2023-08-17
003	2021-01-01	DARYL CARLSON	2022-05-19
003	2020-01-01	DARYL CARLSON	2021-05-20
003	2018-01-01	DARYL CARLSON	2019-07-22
003	2017-01-01	DARYL CARLSON	2018-07-20
003	2016-01-01	DARYL CARLSON
003	2015-01-01	DARYL CARLSON
003	2014-01-01	DARYL CARLSON	2015-07-06
003	2013-01-01	DARYL CARLSON	2014-07-15
003	2012-01-01	DARYL CARLSON	2013-07-23
003	2011-01-01	DARYL CARLSON	2012-07-03
003	2010-01-01	DARYL CARLSON	2011-06-16

Plan Statistics for WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN

401k plan membership statisitcs for WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN

Measure Date Value
2016: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 16
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 1
Total of all active and inactive participants 2016-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 17
Number of participants with account balances 2016-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 15
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 2
Total of all active and inactive participants 2015-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 17
Number of participants with account balances 2015-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2016: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	16
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	1
Total of all active and inactive participants	2016-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	17
Number of participants with account balances	2016-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	15
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	2
Total of all active and inactive participants	2015-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	17
Number of participants with account balances	2015-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN

Measure	Date	Value
2016 : WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$558,098
Expenses. Total of all expenses incurred	2016-12-31	$318,019
Benefits paid (including direct rollovers)	2016-12-31	$316,049
Total plan assets at end of year	2016-12-31	$3,698,488
Total plan assets at beginning of year	2016-12-31	$3,458,409
Value of fidelity bond covering the plan	2016-12-31	$1,000,000
Total contributions received or receivable from participants	2016-12-31	$60,814
Expenses. Other expenses not covered elsewhere	2016-12-31	$1
Other income received	2016-12-31	$409,376
Net income (gross income less expenses)	2016-12-31	$240,079
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$3,698,488
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$3,458,409
Total contributions received or receivable from employer(s)	2016-12-31	$87,908
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$1,969
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$207,683
Expenses. Total of all expenses incurred	2015-12-31	$26,558
Benefits paid (including direct rollovers)	2015-12-31	$13,400
Total plan assets at end of year	2015-12-31	$3,458,409
Total plan assets at beginning of year	2015-12-31	$3,277,284
Value of fidelity bond covering the plan	2015-12-31	$1,000,000
Total contributions received or receivable from participants	2015-12-31	$73,128
Other income received	2015-12-31	$30,215
Net income (gross income less expenses)	2015-12-31	$181,125
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$3,458,409
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$3,277,284
Total contributions received or receivable from employer(s)	2015-12-31	$104,340
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$13,158
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0

Form 5500 Responses for WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN

2016: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: WEBSTER CALHOUN COOPERATIVE TELEPHONE 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )

Policy contract number

26075

Policy instance

Insurance contract or identification number	26075
Number of Individuals Covered	7
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $9
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $9
Insurance broker organization code?	3
Insurance broker name	SCOTT A MCQUEEN

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Company Name:	WEBSTER CALHOUN COOPERATIVE TELEPHONE ASSOCIATION
Employer identification number (EIN):	420736432
NAIC Classification:	517000