TEAMSTERS, AUTOMOTIVE, PETROLEUM AND ALLIED TRADES LOCAL NO. 50 has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MIDWESTERN TEAMSTERS 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2022 : MIDWESTERN TEAMSTERS 401(K) RETIREMENT PLAN 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $293 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $17,200 |
| Total income from all sources (including contributions) | 2022-12-31 | $-675,444 |
| Total of all expenses incurred | 2022-12-31 | $374,207 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $325,388 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $602,447 |
| Value of total assets at end of year | 2022-12-31 | $5,568,129 |
| Value of total assets at beginning of year | 2022-12-31 | $6,634,687 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $48,819 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $194,967 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $194,967 |
| Administrative expenses professional fees incurred | 2022-12-31 | $16,490 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $750,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $144,399 |
| Participant contributions at end of year | 2022-12-31 | $55,703 |
| Participant contributions at beginning of year | 2022-12-31 | $57,514 |
| Administrative expenses (other) incurred | 2022-12-31 | $2,772 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $293 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $17,200 |
| Total non interest bearing cash at end of year | 2022-12-31 | $43 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $5,277 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,049,651 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,567,836 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,617,487 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $21,997 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $5,506,034 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $6,565,577 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,472,858 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $458,048 |
| Employer contributions (assets) at end of year | 2022-12-31 | $6,349 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $6,319 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $325,388 |
| Contract administrator fees | 2022-12-31 | $7,560 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | KERBER, ECK & BRAECKEL LLP |
| Accountancy firm EIN | 2022-12-31 | 430352985 |
| 2021 : MIDWESTERN TEAMSTERS 401(K) RETIREMENT PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $17,200 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $5,968 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,460,307 |
| Total of all expenses incurred | 2021-12-31 | $870,014 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $820,936 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $663,321 |
| Value of total assets at end of year | 2021-12-31 | $6,634,687 |
| Value of total assets at beginning of year | 2021-12-31 | $6,033,162 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $49,078 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $87,168 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $87,168 |
| Administrative expenses professional fees incurred | 2021-12-31 | $33,043 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $750,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $125,716 |
| Participant contributions at end of year | 2021-12-31 | $57,514 |
| Participant contributions at beginning of year | 2021-12-31 | $50,391 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
| Administrative expenses (other) incurred | 2021-12-31 | $2,928 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $17,200 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $5,968 |
| Total non interest bearing cash at end of year | 2021-12-31 | $5,277 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $1,028 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $590,293 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,617,487 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,027,194 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $5,722 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $6,565,577 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $5,947,996 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $709,818 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $537,605 |
| Employer contributions (assets) at end of year | 2021-12-31 | $6,319 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $33,747 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $820,936 |
| Contract administrator fees | 2021-12-31 | $7,385 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2021-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | KERBER, ECK & BRAECKEL LLP |
| Accountancy firm EIN | 2021-12-31 | 430352985 |
| 2020 : MIDWESTERN TEAMSTERS 401(K) RETIREMENT PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $5,968 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $15,630 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,534,372 |
| Total of all expenses incurred | 2020-12-31 | $292,749 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $286,621 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $609,861 |
| Value of total assets at end of year | 2020-12-31 | $6,033,162 |
| Value of total assets at beginning of year | 2020-12-31 | $4,801,201 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,128 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $41,242 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $41,242 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $750,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $170,375 |
| Participant contributions at end of year | 2020-12-31 | $50,391 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $15 |
| Administrative expenses (other) incurred | 2020-12-31 | $6,128 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $5,968 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $15,615 |
| Total non interest bearing cash at end of year | 2020-12-31 | $1,028 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $10,675 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,241,623 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,027,194 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,785,571 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $5,947,996 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $4,790,526 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $883,269 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $439,486 |
| Employer contributions (assets) at end of year | 2020-12-31 | $33,747 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $286,621 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | KERBER, ECK & BRAECKEL LLP |
| Accountancy firm EIN | 2020-12-31 | 430352985 |
