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THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 401k Plan overview

Plan NameTHE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN
Plan identification number 001

THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN Benefits

401k Plan TypeDefined 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 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.

401k Sponsoring company profile

THE VERLAND FOUNDATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE VERLAND FOUNDATION, INC.
Employer identification number (EIN):251344230
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01ROBERT C. URBAN, JR. ROBERT C. URBAN, JR.2013-10-01
0012011-01-01ROBERT C. URBAN, JR. ROBERT C. URBAN, JR.2012-10-12
0012010-01-01JEFFREY CARRAWAY JEFFREY CARRAWAY2011-10-12
0012009-01-01JEFFREY CARRAWAY JEFFREY CARRAWAY2010-10-07

Plan Statistics for THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN

401k plan membership statisitcs for THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN

Measure Date Value
2012: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01548
Total number of active participants reported on line 7a of the Form 55002012-01-01515
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0191
Total of all active and inactive participants2012-01-01606
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0114
Total participants2012-01-01620
Number of participants with account balances2012-01-01489
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01527
Total number of active participants reported on line 7a of the Form 55002011-01-01492
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0155
Total of all active and inactive participants2011-01-01548
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01548
Number of participants with account balances2011-01-01454
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01525
Total number of active participants reported on line 7a of the Form 55002010-01-01479
Number of retired or separated participants receiving benefits2010-01-011
Number of other retired or separated participants entitled to future benefits2010-01-0147
Total of all active and inactive participants2010-01-01527
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01527
Number of participants with account balances2010-01-01368
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01487
Total number of active participants reported on line 7a of the Form 55002009-01-01481
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0143
Total of all active and inactive participants2009-01-01525
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01525
Number of participants with account balances2009-01-01366
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0112

Financial Data on THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN

Measure Date Value
2012 : THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$573,852
Total unrealized appreciation/depreciation of assets2012-12-31$573,852
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,135
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$974
Total income from all sources (including contributions)2012-12-31$1,972,959
Total of all expenses incurred2012-12-31$598,814
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$570,774
Expenses. Certain deemed distributions of participant loans2012-12-31$10,288
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,204,297
Value of total assets at end of year2012-12-31$9,514,949
Value of total assets at beginning of year2012-12-31$8,140,643
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$17,752
Total interest from all sources2012-12-31$194,810
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$687,766
Participant contributions at end of year2012-12-31$494,225
Participant contributions at beginning of year2012-12-31$397,357
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$39,508
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$1,135
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$974
Administrative expenses (other) incurred2012-12-31$17,752
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,374,145
Value of net assets at end of year (total assets less liabilities)2012-12-31$9,513,814
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$8,139,669
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$8,582,359
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$7,234,169
Interest on participant loans2012-12-31$18,246
Interest earned on other investments2012-12-31$176,564
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$438,365
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$509,117
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$477,023
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$570,774
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31THE CATANESE GROUP
Accountancy firm EIN2012-12-31251685380
2011 : THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-164,009
Total unrealized appreciation/depreciation of assets2011-12-31$-164,009
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$974
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$2,703
Total income from all sources (including contributions)2011-12-31$1,155,142
Total of all expenses incurred2011-12-31$1,027,403
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$952,548
Expenses. Certain deemed distributions of participant loans2011-12-31$56,445
Value of total corrective distributions2011-12-31$974
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,170,286
Value of total assets at end of year2011-12-31$8,140,643
Value of total assets at beginning of year2011-12-31$8,014,633
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$17,436
Total interest from all sources2011-12-31$18,141
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$130,724
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$130,724
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$661,256
Participant contributions at end of year2011-12-31$397,357
Participant contributions at beginning of year2011-12-31$353,880
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$42,324
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$974
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$2,703
Administrative expenses (other) incurred2011-12-31$17,436
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$127,739
Value of net assets at end of year (total assets less liabilities)2011-12-31$8,139,669
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$8,011,930
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$7,234,169
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$7,141,757
Interest on participant loans2011-12-31$18,141
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$509,117
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$518,996
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$466,706
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$952,548
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31THE CATANESE GROUP
Accountancy firm EIN2011-12-31251685380
2010 : THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$597,439
Total unrealized appreciation/depreciation of assets2010-12-31$597,439
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$2,703
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,840,155
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$560,560
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$525,820
Expenses. Certain deemed distributions of participant loans2010-12-31$17,678
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,114,148
Value of total assets at end of year2010-12-31$8,014,633
Value of total assets at beginning of year2010-12-31$6,732,335
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$17,062
Total interest from all sources2010-12-31$128,568
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$651,834
Participant contributions at end of year2010-12-31$353,880
Participant contributions at beginning of year2010-12-31$293,444
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$28,178
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$2,703
Administrative expenses (other) incurred2010-12-31$17,062
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,279,595
Value of net assets at end of year (total assets less liabilities)2010-12-31$8,011,930
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$6,732,335
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$7,141,757
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,911,553
Interest earned on other investments2010-12-31$17,050
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$111,518
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$518,996
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$527,338
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$434,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$525,820
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31THE CATANESE GROUP
Accountancy firm EIN2010-12-31251685380
2009 : THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN

2012: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE VERLAND FOUNDATION, INC. TAX DEFERRED ANNUITY RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
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 funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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