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IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 401k Plan overview

Plan NameIBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN
Plan identification number 002

IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Plan covering Self-Employed individuals.

401k Sponsoring company profile

IBEW LOCAL 2323 has sponsored the creation of one or more 401k plans.

Company Name:IBEW LOCAL 2323
Employer identification number (EIN):050343255
NAIC Classification:813930
NAIC Description:Labor Unions and Similar Labor Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-01-01STEVEN MURPHY DANIEL MUSARD2013-10-04
0022011-01-01STEVEN MURPHY WILLIAM MCGOWAN2012-07-23
0022010-01-01STEPHEN MURPHY WILLIAM MCGOWAN2011-09-23
0022009-01-01WILLIAM MCGOWAN

Plan Statistics for IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN

401k plan membership statisitcs for IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN

Measure Date Value
2012: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011
Total number of active participants reported on line 7a of the Form 55002012-01-010
Total of all active and inactive participants2012-01-010
Total participants2012-01-010
2011: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-011
Total of all active and inactive participants2011-01-011
Total participants2011-01-011
Number of participants with account balances2011-01-011
2010: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-012
Total number of active participants reported on line 7a of the Form 55002010-01-011
Total of all active and inactive participants2010-01-011
Total participants2010-01-011
Number of participants with account balances2010-01-011
2009: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Total number of active participants reported on line 7a of the Form 55002009-01-012
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012
Number of participants with account balances2009-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN

Measure Date Value
2012 : IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2012 401k financial data
Total income from all sources2012-12-31$1,213
Expenses. Total of all expenses incurred2012-12-31$20,680
Benefits paid (including direct rollovers)2012-12-31$20,680
Total plan assets at end of year2012-12-31$0
Total plan assets at beginning of year2012-12-31$19,467
Other income received2012-12-31$1,213
Net income (gross income less expenses)2012-12-31$-19,467
Net plan assets at end of year (total assets less liabilities)2012-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$19,467
2011 : IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2011 401k financial data
Total income from all sources2011-12-31$-437
Total plan assets at end of year2011-12-31$19,467
Total plan assets at beginning of year2011-12-31$19,904
Other income received2011-12-31$-437
Net income (gross income less expenses)2011-12-31$-437
Net plan assets at end of year (total assets less liabilities)2011-12-31$19,467
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$19,904
2010 : IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,567
Expenses. Total of all expenses incurred2010-12-31$28,047
Benefits paid (including direct rollovers)2010-12-31$28,047
Total plan assets at end of year2010-12-31$19,904
Total plan assets at beginning of year2010-12-31$46,384
Other income received2010-12-31$1,567
Net income (gross income less expenses)2010-12-31$-26,480
Net plan assets at end of year (total assets less liabilities)2010-12-31$19,904
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$46,384
2009 : IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN

2012: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01This submission is the final filingYes
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: IBEW LOCAL UNIONS DEFERRED COMPENSATION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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