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NORTHWEST AREA FOUNDATION 403(B) PLAN 401k Plan overview

Plan NameNORTHWEST AREA FOUNDATION 403(B) PLAN
Plan identification number 001

NORTHWEST AREA FOUNDATION 403(B) 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

NORTHWEST AREA FOUNDATION has sponsored the creation of one or more 401k plans.

Company Name:NORTHWEST AREA FOUNDATION
Employer identification number (EIN):410719221
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHWEST AREA FOUNDATION 403(B) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MATT STOWELL2024-05-31
0012022-01-01MATT STOWELL2023-06-07
0012021-01-01MATT STOWELL2022-05-27
0012020-01-01MATT STOWELL2021-08-09
0012019-01-01MATT STOWELL2020-07-07
0012018-01-01MATT STOWELL2019-09-12
0012017-01-01MATTHEW T. STOWELL2018-04-30
0012016-01-01GAY ANN LOUISELLE2017-05-30
0012015-01-01GAY ANN LOUISELLE2016-06-03
0012014-01-01GAY ANN LOUISELLE2015-04-01
0012013-01-01GAY ANN LOUISELLE2014-07-14
0012012-01-01GAY ANN LOUISELLE2013-07-10
0012011-01-01GAY ANN LOUISELLE2012-03-23
0012009-01-01GAY ANN LOUISELLE

Plan Statistics for NORTHWEST AREA FOUNDATION 403(B) PLAN

401k plan membership statisitcs for NORTHWEST AREA FOUNDATION 403(B) PLAN

Measure Date Value
2009: NORTHWEST AREA FOUNDATION 403(B) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0126
Total number of active participants reported on line 7a of the Form 55002009-01-0126
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0128
Number of participants with account balances2009-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NORTHWEST AREA FOUNDATION 403(B) PLAN

Measure Date Value
2010 : NORTHWEST AREA FOUNDATION 403(B) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$228,845
Expenses. Total of all expenses incurred2010-12-31$24,579
Benefits paid (including direct rollovers)2010-12-31$24,579
Total plan assets at end of year2010-12-31$414,064
Total plan assets at beginning of year2010-12-31$209,798
Value of fidelity bond covering the plan2010-12-31$110,000
Total contributions received or receivable from participants2010-12-31$147,923
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$19,530
Other income received2010-12-31$37,973
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$204,266
Net plan assets at end of year (total assets less liabilities)2010-12-31$414,064
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$209,798
Total contributions received or receivable from employer(s)2010-12-31$23,419
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for NORTHWEST AREA FOUNDATION 403(B) PLAN

2009: NORTHWEST AREA FOUNDATION 403(B) PLAN 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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