IBEW LOCAL 300 has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan IBEW LOCAL 300 HEALTH & WELFARE
| Measure | Date | Value |
|---|
| 2013 : IBEW LOCAL 300 HEALTH & WELFARE 2013 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-06-30 | $111,061 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-06-30 | $0 |
| Total income from all sources (including contributions) | 2013-06-30 | $1,619,134 |
| Total of all expenses incurred | 2013-06-30 | $1,373,290 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-06-30 | $1,356,439 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-06-30 | $1,619,134 |
| Value of total assets at end of year | 2013-06-30 | $392,007 |
| Value of total assets at beginning of year | 2013-06-30 | $35,102 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-06-30 | $16,851 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-06-30 | No |
| Was this plan covered by a fidelity bond | 2013-06-30 | Yes |
| Value of fidelity bond cover | 2013-06-30 | $600,000 |
| If this is an individual account plan, was there a blackout period | 2013-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-06-30 | No |
| Contributions received from participants | 2013-06-30 | $50,961 |
| Assets. Other investments not covered elsewhere at beginning of year | 2013-06-30 | $2,300 |
| Administrative expenses (other) incurred | 2013-06-30 | $16,851 |
| Liabilities. Value of operating payables at end of year | 2013-06-30 | $111,061 |
| Liabilities. Value of operating payables at beginning of year | 2013-06-30 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-06-30 | No |
| Value of net income/loss | 2013-06-30 | $245,844 |
| Value of net assets at end of year (total assets less liabilities) | 2013-06-30 | $280,946 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-06-30 | $35,102 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-06-30 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-06-30 | $201,001 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-06-30 | $32,802 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-06-30 | $32,802 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-06-30 | $1,280,624 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-06-30 | No |
| Contributions received in cash from employer | 2013-06-30 | $1,568,173 |
| Employer contributions (assets) at end of year | 2013-06-30 | $191,006 |
| Employer contributions (assets) at beginning of year | 2013-06-30 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-06-30 | $75,815 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-06-30 | No |
| Did the plan have assets held for investment | 2013-06-30 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-06-30 | Unqualified |
| Accountancy firm name | 2013-06-30 | MCSOLEY MCCOY & CO. |
| Accountancy firm EIN | 2013-06-30 | 030327374 |
| 2012 : IBEW LOCAL 300 HEALTH & WELFARE 2012 401k financial data |
|---|
| Total income from all sources | 2012-06-30 | $824 |
| Expenses. Total of all expenses incurred | 2012-06-30 | $28,207 |
| Benefits paid (including direct rollovers) | 2012-06-30 | $27,000 |
| Total plan assets at end of year | 2012-06-30 | $35,102 |
| Total plan assets at beginning of year | 2012-06-30 | $62,485 |
| Value of fidelity bond covering the plan | 2012-06-30 | $600,000 |
| Other income received | 2012-06-30 | $824 |
| Net income (gross income less expenses) | 2012-06-30 | $-27,383 |
| Net plan assets at end of year (total assets less liabilities) | 2012-06-30 | $35,102 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-06-30 | $62,485 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-06-30 | $1,207 |
| 2011 : IBEW LOCAL 300 HEALTH & WELFARE 2011 401k financial data |
|---|
| Total income from all sources | 2011-06-30 | $798 |
| Expenses. Total of all expenses incurred | 2011-06-30 | $29,356 |
| Benefits paid (including direct rollovers) | 2011-06-30 | $28,701 |
| Total plan assets at end of year | 2011-06-30 | $62,485 |
| Total plan assets at beginning of year | 2011-06-30 | $91,043 |
| Value of fidelity bond covering the plan | 2011-06-30 | $600,000 |
| Other income received | 2011-06-30 | $798 |
| Net income (gross income less expenses) | 2011-06-30 | $-28,558 |
| Net plan assets at end of year (total assets less liabilities) | 2011-06-30 | $62,485 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-06-30 | $91,043 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2011-06-30 | $655 |
