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MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 401k Plan overview

Plan NameMUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN
Plan identification number 001

MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 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 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.

401k Sponsoring company profile

MUSIC TEACHERS NATIONAL ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:MUSIC TEACHERS NATIONAL ASSOCIATION
Employer identification number (EIN):311619186
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01BRIAN SHEPARD2023-05-02 BRIAN SHEPARD2023-05-02
0012021-01-01BRIAN SHEPARD2022-05-03 BRIAN SHEPARD2022-05-03
0012020-01-01BRIAN SHEPARD2021-05-03 BRIAN SHEPARD2021-05-03
0012019-01-01BRIAN SHEPARD2020-05-01 BRIAN SHEPARD2020-05-01
0012018-01-01BRIAN SHEPARD2019-04-25 BRIAN SHEPARD2019-04-25
0012017-01-01BRIAN SHEPARD2018-05-10
0012016-01-01BRIAN SHEPARD2017-06-13 BIRAN SHEPARD2017-06-13
0012015-01-01BRIAN SHEPARD2016-05-26 GARY INGLE2016-05-26
0012014-01-01BRIAN SHEPARD2015-07-21
0012013-01-01BRIAN SHEPARD2014-05-20 GARY INGLE2014-05-20
0012012-01-01MARGE BENGEL GARY INGLE2013-06-05
0012011-01-01MARGE BENGEL GARY INGLE2012-07-05
0012009-01-01MARGE BENGEL

Plan Statistics for MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN

401k plan membership statisitcs for MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN

Measure Date Value
2012: MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0118
Total number of active participants reported on line 7a of the Form 55002012-01-0118
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0118
Number of participants with account balances2012-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0119
Total number of active participants reported on line 7a of the Form 55002011-01-0111
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-017
Total of all active and inactive participants2011-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0118
Number of participants with account balances2011-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0122
Total number of active participants reported on line 7a of the Form 55002009-01-0112
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-017
Total of all active and inactive participants2009-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0119
Number of participants with account balances2009-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN

Measure Date Value
2012 : MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-12-31$181,611
Expenses. Total of all expenses incurred2012-12-31$17,670
Benefits paid (including direct rollovers)2012-12-31$17,670
Total plan assets at end of year2012-12-31$1,057,494
Total plan assets at beginning of year2012-12-31$893,553
Value of fidelity bond covering the plan2012-12-31$350,000
Total contributions received or receivable from participants2012-12-31$52,884
Other income received2012-12-31$115,186
Net income (gross income less expenses)2012-12-31$163,941
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,057,494
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$893,553
Assets. Value of participant loans2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$13,541
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$25,368
Expenses. Total of all expenses incurred2011-12-31$30,968
Benefits paid (including direct rollovers)2011-12-31$30,898
Total plan assets at end of year2011-12-31$893,553
Total plan assets at beginning of year2011-12-31$899,153
Value of fidelity bond covering the plan2011-12-31$350,000
Total contributions received or receivable from participants2011-12-31$54,905
Expenses. Other expenses not covered elsewhere2011-12-31$70
Contributions received from other sources (not participants or employers)2011-12-31$2,834
Other income received2011-12-31$-48,163
Net income (gross income less expenses)2011-12-31$-5,600
Net plan assets at end of year (total assets less liabilities)2011-12-31$893,553
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$899,153
Assets. Value of participant loans2011-12-31$7,801
Total contributions received or receivable from employer(s)2011-12-31$15,792
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$164,320
Expenses. Total of all expenses incurred2010-12-31$1,938
Benefits paid (including direct rollovers)2010-12-31$1,868
Total plan assets at end of year2010-12-31$899,153
Total plan assets at beginning of year2010-12-31$736,771
Value of fidelity bond covering the plan2010-12-31$350,000
Total contributions received or receivable from participants2010-12-31$64,231
Expenses. Other expenses not covered elsewhere2010-12-31$70
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$84,388
Net income (gross income less expenses)2010-12-31$162,382
Net plan assets at end of year (total assets less liabilities)2010-12-31$899,153
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$736,771
Assets. Value of participant loans2010-12-31$12,095
Total contributions received or receivable from employer(s)2010-12-31$15,701
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & RETIREMENT PLAN

2012: MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & 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
2011: MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & 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
2009: MUSIC TEACHERS NATIONAL ASSOCIATION EMPLOYEES SAVINGS & 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

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-019206
Policy instance 1
Insurance contract or identification numberGA-019206
Number of Individuals Covered18
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $4,747
Total amount of fees paid to insurance companyUSD $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 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?Yes
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 $4,747
Insurance broker organization code?3
Insurance broker nameSTIFEL INS AGCY - OHIO INC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-019206
Policy instance 1
Insurance contract or identification numberGA-019206
Number of Individuals Covered18
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $4,511
Total amount of fees paid to insurance companyUSD $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 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?Yes
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
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-019206
Policy instance 1
Insurance contract or identification numberGA-019206
Number of Individuals Covered18
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $3,697
Total amount of fees paid to insurance companyUSD $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 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?Yes
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 $3,697
Insurance broker organization code?3
Insurance broker nameSTIFEL INS AGCY - OHIO INC

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