PLUMBERS LOCAL 24 WELFARE FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PLUMBERS LOCAL 24 WELFARE FUND
| Measure | Date | Value |
|---|
| 2011 : PLUMBERS LOCAL 24 WELFARE FUND 2011 401k financial data |
|---|
| Total transfer of assets from this plan | 2011-04-30 | $599,699 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-04-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-04-30 | $18,124 |
| Total income from all sources (including contributions) | 2011-04-30 | $18 |
| Total of all expenses incurred | 2011-04-30 | $179 |
| Value of total assets at end of year | 2011-04-30 | $0 |
| Value of total assets at beginning of year | 2011-04-30 | $617,984 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-04-30 | $179 |
| Total interest from all sources | 2011-04-30 | $18 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-04-30 | No |
| Was this plan covered by a fidelity bond | 2011-04-30 | Yes |
| Value of fidelity bond cover | 2011-04-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-04-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-04-30 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-04-30 | $104,682 |
| Administrative expenses (other) incurred | 2011-04-30 | $179 |
| Liabilities. Value of operating payables at end of year | 2011-04-30 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2011-04-30 | $18,124 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-04-30 | No |
| Value of net income/loss | 2011-04-30 | $-161 |
| Value of net assets at end of year (total assets less liabilities) | 2011-04-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-04-30 | $599,860 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-04-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-04-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-04-30 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-04-30 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-04-30 | $513,302 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-04-30 | $513,302 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-04-30 | $18 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-04-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-04-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-04-30 | No |
| 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 | 2011-04-30 | No |
| Did the plan have assets held for investment | 2011-04-30 | 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 | 2011-04-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-04-30 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-04-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-04-30 | Unqualified |
| Accountancy firm name | 2011-04-30 | DAVID A GERSON, CPA & ASSOCIATES P. |
| Accountancy firm EIN | 2011-04-30 | 223163246 |
| 2010 : PLUMBERS LOCAL 24 WELFARE FUND 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $-135,387 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $-135,387 |
| Total transfer of assets from this plan | 2010-12-31 | $2,396,979 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $18,124 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $1,021,499 |
| Total income from all sources (including contributions) | 2010-12-31 | $2,630,428 |
| Total loss/gain on sale of assets | 2010-12-31 | $218,460 |
| Total of all expenses incurred | 2010-12-31 | $5,628,385 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $5,356,930 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,561,882 |
| Value of total assets at end of year | 2010-12-31 | $617,984 |
| Value of total assets at beginning of year | 2010-12-31 | $7,016,295 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $271,455 |
| Total interest from all sources | 2010-12-31 | $99,746 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $184,196 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $202,055 |
| Participant contributions at end of year | 2010-12-31 | $0 |
| Participant contributions at beginning of year | 2010-12-31 | $28,620 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $104,682 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $73,576 |
| Other income not declared elsewhere | 2010-12-31 | $885,727 |
| Administrative expenses (other) incurred | 2010-12-31 | $12,342 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $18,124 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $90,499 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $-2,997,957 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $599,860 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,994,796 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $10,724 |
| Income. Interest from US Government securities | 2010-12-31 | $41,953 |
| Income. Interest from corporate debt instruments | 2010-12-31 | $50,653 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $513,302 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $1,451,290 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $1,451,290 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $7,140 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $182,052 |
| Asset value of US Government securities at end of year | 2010-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2010-12-31 | $2,497,393 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $1,359,827 |
| Employer contributions (assets) at end of year | 2010-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $605,854 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $5,174,878 |
| Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $2,359,562 |
| Contract administrator fees | 2010-12-31 | $64,193 |
| 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 | 2010-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $931,000 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | Yes |
| Aggregate proceeds on sale of assets | 2010-12-31 | $8,561,814 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $8,343,354 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | DAVID A GERSON, CPA & ASSO, PC |
| Accountancy firm EIN | 2010-12-31 | 223163246 |
