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CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 401k Plan overview

Plan NameCASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN
Plan identification number 001

CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

CASCO BAY ISLAND TRANSIT DISTRICT has sponsored the creation of one or more 401k plans.

Company Name:CASCO BAY ISLAND TRANSIT DISTRICT
Employer identification number (EIN):010377080
NAIC Classification:483000
NAIC Description: Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-10-01HENRY BERG2023-04-28
0012020-10-01
0012019-10-01
0012018-10-01
0012017-10-01
0012016-10-01
0012015-10-01
0012014-10-01HENRY BERG2015-11-19
0012013-10-01
0012012-10-01HENRY BERG
0012011-10-01HENRY BERG HENRY BERG2013-04-29
0012009-10-01HENRY BERG HENRY BERG2011-07-12

Plan Statistics for CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN

401k plan membership statisitcs for CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN

Measure Date Value
2012: CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-10-0154
Total number of active participants reported on line 7a of the Form 55002012-10-0142
Number of retired or separated participants receiving benefits2012-10-010
Number of other retired or separated participants entitled to future benefits2012-10-0112
Total of all active and inactive participants2012-10-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-010
Total participants2012-10-0154
Number of participants with account balances2012-10-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-011
2011: CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-10-0152
Total number of active participants reported on line 7a of the Form 55002011-10-0142
Number of other retired or separated participants entitled to future benefits2011-10-0110
Total of all active and inactive participants2011-10-0152
Total participants2011-10-0152
Number of participants with account balances2011-10-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-10-011
2009: CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-0148
Total number of active participants reported on line 7a of the Form 55002009-10-0136
Number of other retired or separated participants entitled to future benefits2009-10-019
Total of all active and inactive participants2009-10-0145
Total participants2009-10-0145
Number of participants with account balances2009-10-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-010

Financial Data on CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN

Measure Date Value
2013 : CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2013 401k financial data
Total income from all sources2013-09-30$1,194,046
Expenses. Total of all expenses incurred2013-09-30$2,192
Total plan assets at end of year2013-09-30$6,374,852
Total plan assets at beginning of year2013-09-30$5,182,998
Value of fidelity bond covering the plan2013-09-30$1,000,000
Other income received2013-09-30$878,942
Net income (gross income less expenses)2013-09-30$1,191,854
Net plan assets at end of year (total assets less liabilities)2013-09-30$6,374,852
Net plan assets at beginning of year (total assets less liabilities)2013-09-30$5,182,998
Total contributions received or receivable from employer(s)2013-09-30$315,104
Expenses. Administrative service providers (salaries,fees and commissions)2013-09-30$2,192
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-09-30$0
Funding deficiency by the employer to the plan for this plan year2013-09-30$0
Minimum employer required contribution for this plan year2013-09-30$315,104
Amount contributed by the employer to the plan for this plan year2013-09-30$315,104
2012 : CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2012 401k financial data
Total income from all sources2012-09-30$1,162,094
Expenses. Total of all expenses incurred2012-09-30$2,280
Total plan assets at end of year2012-09-30$5,182,998
Total plan assets at beginning of year2012-09-30$4,023,184
Value of fidelity bond covering the plan2012-09-30$1,000,000
Other income received2012-09-30$861,146
Net income (gross income less expenses)2012-09-30$1,159,814
Net plan assets at end of year (total assets less liabilities)2012-09-30$5,182,998
Net plan assets at beginning of year (total assets less liabilities)2012-09-30$4,023,184
Total contributions received or receivable from employer(s)2012-09-30$300,948
Expenses. Administrative service providers (salaries,fees and commissions)2012-09-30$2,280
Minimum employer required contribution for this plan year2012-09-30$300,948
Amount contributed by the employer to the plan for this plan year2012-09-30$300,948
2011 : CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2011 401k financial data
Total income from all sources2011-09-30$128,751
Expenses. Total of all expenses incurred2011-09-30$4,608
Total plan assets at end of year2011-09-30$4,023,184
Total plan assets at beginning of year2011-09-30$3,899,041
Value of fidelity bond covering the plan2011-09-30$1,000,000
Other income received2011-09-30$-141,795
Net income (gross income less expenses)2011-09-30$124,143
Net plan assets at end of year (total assets less liabilities)2011-09-30$4,023,184
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$3,899,041
Total contributions received or receivable from employer(s)2011-09-30$270,546
Expenses. Administrative service providers (salaries,fees and commissions)2011-09-30$4,608
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
Minimum employer required contribution for this plan year2011-09-30$270,546
Amount contributed by the employer to the plan for this plan year2011-09-30$270,546
2010 : CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-09-30$0
Funding deficiency by the employer to the plan for this plan year2010-09-30$0
Minimum employer required contribution for this plan year2010-09-30$243,066
Amount contributed by the employer to the plan for this plan year2010-09-30$243,066

Form 5500 Responses for CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN

2012: CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Submission has been amendedNo
2012-10-01This submission is the final filingNo
2012-10-01This return/report is a short plan year return/report (less than 12 months)No
2012-10-01Plan is a collectively bargained planNo
2012-10-01Plan funding arrangement – TrustYes
2012-10-01Plan benefit arrangement - TrustYes
2011: CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Submission has been amendedNo
2011-10-01This submission is the final filingNo
2011-10-01This return/report is a short plan year return/report (less than 12 months)No
2011-10-01Plan is a collectively bargained planNo
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement - TrustYes
2009: CASCO BAY ISLAND TRANSIT DISTRICT MONEY PURCHASE PENSION PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedNo
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes

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