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THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 401k Plan overview

Plan NameTHE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST
Plan identification number 002

THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS 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.
  • 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

THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL has sponsored the creation of one or more 401k plans.

Company Name:THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL
Employer identification number (EIN):370154973
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01ANNA SINNOTT2023-05-17
0022021-01-01ANNA SINNOTT2022-08-16
0022020-01-01ANNA SINNOTT2021-02-09
0022019-01-01ANNA SINNOTT2020-02-28
0022018-01-01ANNA SINNOTT2019-08-30
0022017-01-01ANNA SINNOTT2018-09-26
0022016-01-01CRYSTAL KERN2017-08-30
0022015-01-01CRYSTAL KERN
0022014-01-01CRYSTAL KERN
0022009-09-01BENNY GRISHAM

Plan Statistics for THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST

401k plan membership statisitcs for THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST

Measure Date Value
2015: THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0167
Total number of active participants reported on line 7a of the Form 55002015-01-0147
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0130
Total of all active and inactive participants2015-01-0177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0177
Number of participants with account balances2015-01-0165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0175
Total number of active participants reported on line 7a of the Form 55002014-01-0138
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0128
Total of all active and inactive participants2014-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0166
Number of participants with account balances2014-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2009: THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2009 401k membership
Total participants, beginning-of-year2009-09-01185
Total number of active participants reported on line 7a of the Form 55002009-09-0137
Number of retired or separated participants receiving benefits2009-09-012
Number of other retired or separated participants entitled to future benefits2009-09-0134
Total of all active and inactive participants2009-09-0173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-09-011
Total participants2009-09-0174
Number of participants with account balances2009-09-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-09-011

Financial Data on THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST

Measure Date Value
2015 : THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2015 401k financial data
Total income from all sources2015-12-31$120,744
Expenses. Total of all expenses incurred2015-12-31$67,047
Benefits paid (including direct rollovers)2015-12-31$57,991
Total plan assets at end of year2015-12-31$1,989,521
Total plan assets at beginning of year2015-12-31$1,935,824
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$67,601
Other income received2015-12-31$-15,591
Net income (gross income less expenses)2015-12-31$53,697
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,989,521
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,935,824
Assets. Value of participant loans2015-12-31$22,963
Total contributions received or receivable from employer(s)2015-12-31$68,734
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$9,056
2014 : THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2014 401k financial data
Total income from all sources2014-12-31$205,006
Expenses. Total of all expenses incurred2014-12-31$85,201
Benefits paid (including direct rollovers)2014-12-31$76,223
Total plan assets at end of year2014-12-31$1,935,824
Total plan assets at beginning of year2014-12-31$1,816,019
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$64,140
Other income received2014-12-31$125,025
Net income (gross income less expenses)2014-12-31$119,805
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,935,824
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,816,019
Assets. Value of participant loans2014-12-31$30,590
Total contributions received or receivable from employer(s)2014-12-31$15,841
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$8,978
2010 : THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-08-31$0

Form 5500 Responses for THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST

2015: THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2009: THE MOST WORSHIPFUL GRAND LODGE OF AF & AM OF IL EMPLOYEEES SAVINGS TRUST 2009 form 5500 responses
2009-09-01Type of plan entitySingle employer plan
2009-09-01Submission has been amendedNo
2009-09-01This submission is the final filingNo
2009-09-01This return/report is a short plan year return/report (less than 12 months)No
2009-09-01Plan is a collectively bargained planNo
2009-09-01Plan funding arrangement – InsuranceYes
2009-09-01Plan funding arrangement – TrustYes
2009-09-01Plan benefit arrangement – InsuranceYes
2009-09-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number341586-000
Policy instance 1
Insurance contract or identification number341586-000
Number of Individuals Covered65
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $5,621
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,721
Insurance broker organization code?3
Insurance broker nameBRENT A SCHWEISBERGER,MORGAN STANLE
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number341586-000
Policy instance 1
Insurance contract or identification number341586-000
Number of Individuals Covered62
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $5,282
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,641
Insurance broker organization code?3
Insurance broker nameBRENT A SCHWEISBERGER,MORGAN STANLE

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