401k Plan data: NEW COMMUNITIES, INC. 403(B) PLAN plan

NEW COMMUNITIES, INC. 403(B) PLAN 401k Plan overview

Plan Name	NEW COMMUNITIES, INC. 403(B) PLAN
Plan identification number	001

NEW COMMUNITIES, INC. 403(B) PLAN Benefits

401k Plan Type

Defined 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 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.
Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
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

NEW COMMUNITIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: NEW COMMUNITIES, INC.

Employer identification number (EIN): 815393817

NAIC Classification: 623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW COMMUNITIES, INC. 403(B) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 MAUREEN CONLEY MAUREEN CONLEY 2019-04-26
001 2017-07-01 MAUREEN CONLEY MAUREEN CONLEY 2018-07-26

Plan Statistics for NEW COMMUNITIES, INC. 403(B) PLAN

401k plan membership statisitcs for NEW COMMUNITIES, INC. 403(B) PLAN

Measure Date Value
2022: NEW COMMUNITIES, INC. 403(B) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 359
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 314
Number of retired or separated participants receiving benefits 2022-01-01 9
Number of other retired or separated participants entitled to future benefits 2022-01-01 34
Total of all active and inactive participants 2022-01-01 357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 357
Number of participants with account balances 2022-01-01 132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 6
2021: NEW COMMUNITIES, INC. 403(B) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 407
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 314
Number of retired or separated participants receiving benefits 2021-01-01 6
Number of other retired or separated participants entitled to future benefits 2021-01-01 39
Total of all active and inactive participants 2021-01-01 359
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 359
Number of participants with account balances 2021-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: NEW COMMUNITIES, INC. 403(B) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 424
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 367
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 31
Total of all active and inactive participants 2020-01-01 398
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 398
Number of participants with account balances 2020-01-01 121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: NEW COMMUNITIES, INC. 403(B) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 391
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 400
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 18
Total of all active and inactive participants 2019-01-01 419
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 419
Number of participants with account balances 2019-01-01 105
2018: NEW COMMUNITIES, INC. 403(B) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 400
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 389
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 9
Total of all active and inactive participants 2018-01-01 398
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 398
Number of participants with account balances 2018-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: NEW COMMUNITIES, INC. 403(B) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-07-01 377
Total number of active participants reported on line 7a of the Form 5500 2017-07-01 392
Number of retired or separated participants receiving benefits 2017-07-01 0
Number of other retired or separated participants entitled to future benefits 2017-07-01 2
Total of all active and inactive participants 2017-07-01 394
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-07-01 0
Total participants 2017-07-01 394
Number of participants with account balances 2017-07-01 74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-07-01 0

Measure	Date	Value
2022: NEW COMMUNITIES, INC. 403(B) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	359
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	314
Number of retired or separated participants receiving benefits	2022-01-01	9
Number of other retired or separated participants entitled to future benefits	2022-01-01	34
Total of all active and inactive participants	2022-01-01	357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	357
Number of participants with account balances	2022-01-01	132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	6
2021: NEW COMMUNITIES, INC. 403(B) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	407
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	314
Number of retired or separated participants receiving benefits	2021-01-01	6
Number of other retired or separated participants entitled to future benefits	2021-01-01	39
Total of all active and inactive participants	2021-01-01	359
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	359
Number of participants with account balances	2021-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: NEW COMMUNITIES, INC. 403(B) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	424
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	367
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	31
Total of all active and inactive participants	2020-01-01	398
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	398
Number of participants with account balances	2020-01-01	121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: NEW COMMUNITIES, INC. 403(B) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	391
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	400
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	18
Total of all active and inactive participants	2019-01-01	419
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	419
Number of participants with account balances	2019-01-01	105
2018: NEW COMMUNITIES, INC. 403(B) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	400
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	389
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	9
Total of all active and inactive participants	2018-01-01	398
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	398
Number of participants with account balances	2018-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: NEW COMMUNITIES, INC. 403(B) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-07-01	377
Total number of active participants reported on line 7a of the Form 5500	2017-07-01	392
Number of retired or separated participants receiving benefits	2017-07-01	0
Number of other retired or separated participants entitled to future benefits	2017-07-01	2
Total of all active and inactive participants	2017-07-01	394
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-07-01	0
Total participants	2017-07-01	394
Number of participants with account balances	2017-07-01	74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-07-01	0

Financial Data on NEW COMMUNITIES, INC. 403(B) PLAN

Measure	Date	Value
2022 : NEW COMMUNITIES, INC. 403(B) PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-257,946
Total of all expenses incurred	2022-12-31	$127,196
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$108,501
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$576,118
Value of total assets at end of year	2022-12-31	$4,634,971
Value of total assets at beginning of year	2022-12-31	$5,020,113
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$18,695
Total interest from all sources	2022-12-31	$1,184
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$199,052
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$199,052
Administrative expenses professional fees incurred	2022-12-31	$18,695
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$348,277
Participant contributions at end of year	2022-12-31	$21,726
Participant contributions at beginning of year	2022-12-31	$23,510
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-385,142
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,634,971
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$5,020,113
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$4,610,627
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$4,988,874
Interest on participant loans	2022-12-31	$1,184
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,034,300
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$227,841
Employer contributions (assets) at end of year	2022-12-31	$2,618
Employer contributions (assets) at beginning of year	2022-12-31	$7,729
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$108,501
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BERRY DUNN MCNEIL & PARKER
Accountancy firm EIN	2022-12-31	010523282
2021 : NEW COMMUNITIES, INC. 403(B) PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$1,214,389
Total of all expenses incurred	2021-12-31	$237,575
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$222,098
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$554,751
Value of total assets at end of year	2021-12-31	$5,020,113
Value of total assets at beginning of year	2021-12-31	$4,043,299
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$15,477
Total income from rents	2021-12-31	$0
Total interest from all sources	2021-12-31	$1,738
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$237,515
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$237,515
Administrative expenses professional fees incurred	2021-12-31	$15,477
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$296,022
Participant contributions at end of year	2021-12-31	$23,510
Participant contributions at beginning of year	2021-12-31	$40,159
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$56,927
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$976,814
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$5,020,113
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,043,299
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$4,988,874
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,996,456
Income. Interest from loans (other than to participants)	2021-12-31	$1,738
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$420,385
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$201,802
Employer contributions (assets) at end of year	2021-12-31	$7,729
Employer contributions (assets) at beginning of year	2021-12-31	$6,684
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$222,098
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	BERRY DUNN MCNEIL & PARKER
Accountancy firm EIN	2021-12-31	010523282
2020 : NEW COMMUNITIES, INC. 403(B) PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$1,085,839
Total of all expenses incurred	2020-12-31	$102,957
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$88,239
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$516,184
Value of total assets at end of year	2020-12-31	$4,043,299
Value of total assets at beginning of year	2020-12-31	$3,060,417
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$14,718
Total interest from all sources	2020-12-31	$1,644
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$130,941
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$130,941
Administrative expenses professional fees incurred	2020-12-31	$14,718
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$285,574
Participant contributions at end of year	2020-12-31	$40,159
Participant contributions at beginning of year	2020-12-31	$21,807
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$36,888
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$982,882
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,043,299
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,060,417
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$3,996,456
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,032,687
Interest on participant loans	2020-12-31	$1,644
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$437,070
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$193,722
Employer contributions (assets) at end of year	2020-12-31	$6,684
Employer contributions (assets) at beginning of year	2020-12-31	$5,923
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$88,239
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	BERRY DUNN MCNEIL & PARKER
Accountancy firm EIN	2020-12-31	010523282
2019 : NEW COMMUNITIES, INC. 403(B) PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$906,837
Total of all expenses incurred	2019-12-31	$84,102
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$72,364
Expenses. Certain deemed distributions of participant loans	2019-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$403,757
Value of total assets at end of year	2019-12-31	$3,060,417
Value of total assets at beginning of year	2019-12-31	$2,237,682
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$11,738
Total interest from all sources	2019-12-31	$1,071
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$112,886
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$112,886
Administrative expenses professional fees incurred	2019-12-31	$11,738
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$232,155
Participant contributions at end of year	2019-12-31	$21,807
Participant contributions at beginning of year	2019-12-31	$36,057
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$9,581
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$822,735
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,060,417
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,237,682
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,032,687
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,199,835
Income. Interest from loans (other than to participants)	2019-12-31	$1,071
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$389,123
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$162,021
Employer contributions (assets) at end of year	2019-12-31	$5,923
Employer contributions (assets) at beginning of year	2019-12-31	$1,790
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$72,364
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BERRY DUNN MCNEIL & PARKER
Accountancy firm EIN	2019-12-31	010523282
2018 : NEW COMMUNITIES, INC. 403(B) PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$251,669
Total of all expenses incurred	2018-12-31	$109,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$99,073
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$351,133
Value of total assets at end of year	2018-12-31	$2,237,682
Value of total assets at beginning of year	2018-12-31	$2,095,399
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$10,313
Total interest from all sources	2018-12-31	$1,614
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$92,837
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$92,837
Administrative expenses professional fees incurred	2018-12-31	$10,313
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$217,080
Participant contributions at end of year	2018-12-31	$36,057
Participant contributions at beginning of year	2018-12-31	$43,548
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$142,283
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,237,682
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$2,095,399
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,199,835
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$1,998,862
Interest on participant loans	2018-12-31	$1,614
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-193,915
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$134,053
Employer contributions (assets) at end of year	2018-12-31	$1,790
Employer contributions (assets) at beginning of year	2018-12-31	$52,989
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$99,073
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BERRY DUNN MCNEIL & PARKER
Accountancy firm EIN	2018-12-31	010523282
2017 : NEW COMMUNITIES, INC. 403(B) PLAN 2017 401k financial data
Total transfer of assets to this plan	2017-12-31	$1,846,302
Total income from all sources (including contributions)	2017-12-31	$278,139
Total of all expenses incurred	2017-12-31	$29,042
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$26,250
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$154,623
Value of total assets at end of year	2017-12-31	$2,095,399
Value of total assets at beginning of year	2017-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$2,792
Total interest from all sources	2017-12-31	$895
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$48,473
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$48,473
Administrative expenses professional fees incurred	2017-12-31	$2,792
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$90,037
Participant contributions at end of year	2017-12-31	$43,548
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$4,047
Total non interest bearing cash at beginning of year	2017-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$249,097
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$2,095,399
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$1,998,862
Interest on participant loans	2017-12-31	$895
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$74,148
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$60,539
Employer contributions (assets) at end of year	2017-12-31	$52,989
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$26,250
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No

Form 5500 Responses for NEW COMMUNITIES, INC. 403(B) PLAN

2022: NEW COMMUNITIES, INC. 403(B) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
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
2021: NEW COMMUNITIES, INC. 403(B) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NEW COMMUNITIES, INC. 403(B) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: NEW COMMUNITIES, INC. 403(B) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: NEW COMMUNITIES, INC. 403(B) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: NEW COMMUNITIES, INC. 403(B) PLAN 2017 form 5500 responses
2017-07-01	Type of plan entity	Single employer plan
2017-07-01	First time form 5500 has been submitted	Yes
2017-07-01	Submission has been amended	No
2017-07-01	This submission is the final filing	No
2017-07-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-07-01	Plan is a collectively bargained plan	No
2017-07-01	Plan funding arrangement – Trust	Yes
2017-07-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NEW COMMUNITIES, INC.
Employer identification number (EIN):	815393817
NAIC Classification:	623000
NAIC Description:	Nursing and Residential Care Facilities