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IRON WORKERS LOCAL 580 SHOP WELFARE FUND 401k Plan overview

Plan NameIRON WORKERS LOCAL 580 SHOP WELFARE FUND
Plan identification number 501

IRON WORKERS LOCAL 580 SHOP WELFARE FUND Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Long-term disability cover
  • Other welfare benefit cover
  • Collectively bargained welfare benefit arrangement under Code section 419A(f)(5).

401k Sponsoring company profile

BOARD OF TRUSTEES IRON WORKERS LOCAL 580 SHOP WELFARE FUND has sponsored the creation of one or more 401k plans.

Company Name:BOARD OF TRUSTEES IRON WORKERS LOCAL 580 SHOP WELFARE FUND
Employer identification number (EIN):132878322
NAIC Classification:525100
NAIC Description: Insurance and Employee Benefit Funds

Form 5500 Filing Information

Submission information for form 5500 for 401k plan IRON WORKERS LOCAL 580 SHOP WELFARE FUND

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012013-07-01CAROL WESTFALL
5012012-07-01CAROL WESTFALL
5012011-07-01CAROL WESTFALL
5012009-07-01CAROL WESTFALL

Plan Statistics for IRON WORKERS LOCAL 580 SHOP WELFARE FUND

401k plan membership statisitcs for IRON WORKERS LOCAL 580 SHOP WELFARE FUND

Measure Date Value
2013: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2013 401k membership
Total participants, beginning-of-year2013-07-0150
Total number of active participants reported on line 7a of the Form 55002013-07-0152
Total of all active and inactive participants2013-07-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-016
2012: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2012 401k membership
Total participants, beginning-of-year2012-07-0142
Total number of active participants reported on line 7a of the Form 55002012-07-0150
Number of retired or separated participants receiving benefits2012-07-010
Total of all active and inactive participants2012-07-0150
Number of employers contributing to the scheme2012-07-016
2011: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2011 401k membership
Total participants, beginning-of-year2011-07-0156
Total number of active participants reported on line 7a of the Form 55002011-07-0142
Number of retired or separated participants receiving benefits2011-07-010
Total of all active and inactive participants2011-07-0142
Number of employers contributing to the scheme2011-07-016
2009: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2009 401k membership
Total participants, beginning-of-year2009-07-0178
Total number of active participants reported on line 7a of the Form 55002009-07-0172
Number of retired or separated participants receiving benefits2009-07-0110
Number of other retired or separated participants entitled to future benefits2009-07-010
Total of all active and inactive participants2009-07-0182
Number of employers contributing to the scheme2009-07-018

Financial Data on IRON WORKERS LOCAL 580 SHOP WELFARE FUND

Measure Date Value
2014 : IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2014 401k financial data
Total plan liabilities at end of year2014-06-30$26,409
Total plan liabilities at beginning of year2014-06-30$26,419
Total income from all sources2014-06-30$771,404
Expenses. Total of all expenses incurred2014-06-30$864,584
Benefits paid (including direct rollovers)2014-06-30$665,137
Total plan assets at end of year2014-06-30$765,318
Total plan assets at beginning of year2014-06-30$858,508
Value of fidelity bond covering the plan2014-06-30$400,000
Total contributions received or receivable from participants2014-06-30$7,109
Expenses. Other expenses not covered elsewhere2014-06-30$15,329
Other income received2014-06-30$14,209
Net income (gross income less expenses)2014-06-30$-93,180
Net plan assets at end of year (total assets less liabilities)2014-06-30$738,909
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$832,089
Total contributions received or receivable from employer(s)2014-06-30$750,086
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$184,118
2013 : IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2013 401k financial data
Total plan liabilities at end of year2013-06-30$26,419
Total plan liabilities at beginning of year2013-06-30$81,405
Total income from all sources2013-06-30$659,528
Expenses. Total of all expenses incurred2013-06-30$747,140
Benefits paid (including direct rollovers)2013-06-30$583,873
Total plan assets at end of year2013-06-30$858,508
Total plan assets at beginning of year2013-06-30$1,001,106
Value of fidelity bond covering the plan2013-06-30$400,000
Total contributions received or receivable from participants2013-06-30$11,616
Expenses. Other expenses not covered elsewhere2013-06-30$36,565
Contributions received from other sources (not participants or employers)2013-06-30$0
Other income received2013-06-30$6,759
Net income (gross income less expenses)2013-06-30$-87,612
Net plan assets at end of year (total assets less liabilities)2013-06-30$832,089
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$919,701
Total contributions received or receivable from employer(s)2013-06-30$641,153
Expenses. Administrative service providers (salaries,fees and commissions)2013-06-30$126,702
2012 : IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2012 401k financial data
Total plan liabilities at end of year2012-06-30$81,405
Total plan liabilities at beginning of year2012-06-30$48,280
Total income from all sources2012-06-30$721,237
Expenses. Total of all expenses incurred2012-06-30$680,799
Benefits paid (including direct rollovers)2012-06-30$608,964
Total plan assets at end of year2012-06-30$1,001,106
Total plan assets at beginning of year2012-06-30$927,543
Value of fidelity bond covering the plan2012-06-30$400,000
Total contributions received or receivable from participants2012-06-30$14,241
Expenses. Other expenses not covered elsewhere2012-06-30$1,710
Other income received2012-06-30$30,752
Net income (gross income less expenses)2012-06-30$40,438
Net plan assets at end of year (total assets less liabilities)2012-06-30$919,701
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$879,263
Total contributions received or receivable from employer(s)2012-06-30$676,244
Expenses. Administrative service providers (salaries,fees and commissions)2012-06-30$70,125
2011 : IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2011 401k financial data
Total plan liabilities at end of year2011-06-30$48,280
Total plan liabilities at beginning of year2011-06-30$62,142
Total income from all sources2011-06-30$714,054
Expenses. Total of all expenses incurred2011-06-30$902,032
Benefits paid (including direct rollovers)2011-06-30$782,374
Total plan assets at end of year2011-06-30$927,543
Total plan assets at beginning of year2011-06-30$1,129,383
Value of fidelity bond covering the plan2011-06-30$400,000
Total contributions received or receivable from participants2011-06-30$16,907
Expenses. Other expenses not covered elsewhere2011-06-30$-108,961
Contributions received from other sources (not participants or employers)2011-06-30$0
Other income received2011-06-30$27,820
Net income (gross income less expenses)2011-06-30$-187,978
Net plan assets at end of year (total assets less liabilities)2011-06-30$879,263
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$1,067,241
Total contributions received or receivable from employer(s)2011-06-30$669,327
Expenses. Administrative service providers (salaries,fees and commissions)2011-06-30$228,619

Form 5500 Responses for IRON WORKERS LOCAL 580 SHOP WELFARE FUND

2013: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2013 form 5500 responses
2013-07-01Type of plan entityMulti-employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planYes
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement – InsuranceYes
2012: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2012 form 5500 responses
2012-07-01Type of plan entityMulti-employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement – InsuranceYes
2011: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2011 form 5500 responses
2011-07-01Type of plan entityMulti-employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planYes
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement – InsuranceYes
2009: IRON WORKERS LOCAL 580 SHOP WELFARE FUND 2009 form 5500 responses
2009-07-01Type of plan entityMulti-employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planYes
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement – InsuranceYes

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