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403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS 401k Plan overview

Plan Name403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS
Plan identification number 001

403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 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

MINNESOTA COUNCIL ON FOUNDATIONS has sponsored the creation of one or more 401k plans.

Company Name:MINNESOTA COUNCIL ON FOUNDATIONS
Employer identification number (EIN):411269275
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PATRICIA STARKS-FAGGETT2024-09-18
0012022-01-01PATRICIA STARKS-FAGGETT2023-07-27
0012021-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012020-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012018-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012017-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012016-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012015-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012014-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012013-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012012-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012011-01-01PATRICIA STARKS-FAGGETT2022-12-29
0012009-01-01WILLIAM KING
0012009-01-01 WILLIAM KING2011-06-06
0012009-01-01WILLIAM KING

Plan Statistics for 403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS

401k plan membership statisitcs for 403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS

Measure Date Value
2009: 403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS 2009 401k membership
Total participants, beginning-of-year2009-01-0115
Total number of active participants reported on line 7a of the Form 55002009-01-018
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-018
Total of all active and inactive participants2009-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0116
Number of participants with account balances2009-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Form 5500 Responses for 403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS

2009: 403(B) THRIFT PLAN OF MINNESOTA COUNCIL ON FOUNDATIONS 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

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