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UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameUNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN
Plan identification number 002

UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT 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.
  • 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

UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS has sponsored the creation of one or more 401k plans.

Company Name:UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS
Employer identification number (EIN):131525134
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01DECLAN DALY2018-12-21
0022016-01-01DECLAN DALY2018-11-06
0022015-01-01DAVE MURPHY2016-10-11 DAVE MURPHY2016-10-11
0022014-01-01PAUL CRONIN2015-10-14
0022013-01-01PAUL CRONIN2014-08-21
0022012-01-01PETER LIEUW2013-10-09
0022011-01-01PETER LIEUW2012-07-09
0022010-07-01PAUL CRONIN2011-10-13
0022008-07-01PAUL CRONIN
0022007-07-01

Plan Statistics for UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN

401k plan membership statisitcs for UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN

Measure Date Value
2008: UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN 2008 401k membership
Total participants, beginning-of-year2008-07-0156
Total number of active participants reported on line 7a of the Form 55002008-07-0146
Number of other retired or separated participants entitled to future benefits2008-07-0111
Total of all active and inactive participants2008-07-0157
Total participants2008-07-0157
Number of participants with account balances2008-07-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-07-012

Financial Data on UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN

Measure Date Value
2009 : UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN 2009 401k financial data
Total income from all sources2009-06-30$-272,500
Expenses. Total of all expenses incurred2009-06-30$94,979
Benefits paid (including direct rollovers)2009-06-30$90,209
Total plan assets at end of year2009-06-30$2,613,721
Total plan assets at beginning of year2009-06-30$2,981,200
Value of fidelity bond covering the plan2009-06-30$25,000
Total contributions received or receivable from participants2009-06-30$241,417
Expenses. Other expenses not covered elsewhere2009-06-30$4,770
Contributions received from other sources (not participants or employers)2009-06-30$11,102
Other income received2009-06-30$-643,556
Net income (gross income less expenses)2009-06-30$-367,479
Net plan assets at end of year (total assets less liabilities)2009-06-30$2,613,721
Net plan assets at beginning of year (total assets less liabilities)2009-06-30$2,981,200
Assets. Value of participant loans2009-06-30$2,944
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022009-06-30$63,354
Total contributions received or receivable from employer(s)2009-06-30$118,537

Form 5500 Responses for UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN

2008: UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN 2008 form 5500 responses
2008-07-01Type of plan entitySingle employer plan
2008-07-01Submission has been amendedNo
2008-07-01This submission is the final filingNo
2008-07-01This return/report is a short plan year return/report (less than 12 months)No
2008-07-01Plan is a collectively bargained planNo
2008-07-01Plan funding arrangement – InsuranceYes
2008-07-01Plan funding arrangement – TrustYes
2008-07-01Plan benefit arrangement – InsuranceYes
2008-07-01Plan benefit arrangement - TrustYes
2007: UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS 401(K) RETIREMENT PLAN 2007 form 5500 responses
2007-07-01Submission has been amendedNo
2007-07-01This submission is the final filingNo
2007-07-01This return/report is a short plan year return/report (less than 12 months)No
2007-07-01Plan is a collectively bargained planNo

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number4-29544
Policy instance 1
Insurance contract or identification number4-29544
Number of Individuals Covered57
Insurance policy start date2008-07-01
Insurance policy end date2009-06-30
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes

Potentially related plans

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