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THE DAWSON ACADEMY RETIREMENT PLAN & TRUST 401k Plan overview

Plan NameTHE DAWSON ACADEMY RETIREMENT PLAN & TRUST
Plan identification number 001

THE DAWSON ACADEMY RETIREMENT PLAN & TRUST Benefits

401k Plan TypeDefined 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.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DAWSON CENTER, L.L.C. has sponsored the creation of one or more 401k plans.

Company Name:DAWSON CENTER, L.L.C.
Employer identification number (EIN):814342080
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE DAWSON ACADEMY RETIREMENT PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JESSICA BRACK2023-10-12
0012021-01-01JESSICA BRACK2022-10-17
0012020-01-01JESSICA R2021-07-27
0012019-01-01JESSICA BRACK2020-10-14
0012018-01-01JESSICA BRACK2019-04-30
0012017-01-01JESSICA BRACK

Plan Statistics for THE DAWSON ACADEMY RETIREMENT PLAN & TRUST

401k plan membership statisitcs for THE DAWSON ACADEMY RETIREMENT PLAN & TRUST

Measure Date Value
2017: THE DAWSON ACADEMY RETIREMENT PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-019
Total number of active participants reported on line 7a of the Form 55002017-01-018
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-018
Number of participants with account balances2017-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on THE DAWSON ACADEMY RETIREMENT PLAN & TRUST

Measure Date Value
2017 : THE DAWSON ACADEMY RETIREMENT PLAN & TRUST 2017 401k financial data
Total income from all sources2017-12-31$221,050
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$1,334,982
Total plan assets at beginning of year2017-12-31$1,113,932
Value of fidelity bond covering the plan2017-12-31$150,000
Total contributions received or receivable from participants2017-12-31$62,596
Other income received2017-12-31$131,039
Net income (gross income less expenses)2017-12-31$221,050
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,334,982
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,113,932
Assets. Value of assets in partnership/joint-venture interests2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$27,415

Form 5500 Responses for THE DAWSON ACADEMY RETIREMENT PLAN & TRUST

2017: THE DAWSON ACADEMY RETIREMENT PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number104724
Policy instance 1
Insurance contract or identification number104724
Number of Individuals Covered8
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $2,995
Total amount of fees paid to insurance companyUSD $554
Are there contracts with allocated funds for individual policies?0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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 BrokerUSD $2,995
Insurance broker organization code?4
Amount paid for insurance broker fees554
Additional information about fees paid to insurance brokerTPA COMPENSATION AND WITHDRAWAL FEE
Insurance broker namePA RETIREMENT SOLUTIONS, INC.

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