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RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 401k Plan overview

Plan NameRETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN
Plan identification number 005

RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)

401k Sponsoring company profile

RETAIL WHOLESALE DEPARTMENT STORE LOCAL 1034, SEVERANCE PLAN has sponsored the creation of one or more 401k plans.

Company Name:RETAIL WHOLESALE DEPARTMENT STORE LOCAL 1034, SEVERANCE PLAN
Employer identification number (EIN):236289686
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052012-01-01BERNADETTE CONNOLLY
0052011-01-01BERNADETTE CONNOLLY
0052010-01-01BERNADETTE CONNOLLY
0052009-01-01BERNADETTE CONNOLLY

Plan Statistics for RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN

401k plan membership statisitcs for RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN

Measure Date Value
2012: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-013,810
Total number of active participants reported on line 7a of the Form 55002012-01-013,676
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-013,676
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-013,676
Number of participants with account balances2012-01-013,676
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
Number of employers contributing to the scheme2012-01-0111
2011: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-014,078
Total number of active participants reported on line 7a of the Form 55002011-01-013,810
Total of all active and inactive participants2011-01-013,810
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-013,810
Number of participants with account balances2011-01-013,810
2010: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-014,245
Total number of active participants reported on line 7a of the Form 55002010-01-014,078
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-014,078
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-014,078
Number of participants with account balances2010-01-014,078
2009: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-014,330
Total number of active participants reported on line 7a of the Form 55002009-01-014,245
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 participants2009-01-014,245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-014,245
Number of participants with account balances2009-01-014,245

Financial Data on RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN

Measure Date Value
2012 : RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$521,886
Total unrealized appreciation/depreciation of assets2012-12-31$521,886
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$27,358
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$24,489
Total income from all sources (including contributions)2012-12-31$913,896
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$716,611
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$634,486
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$187,364
Value of total assets at end of year2012-12-31$6,136,564
Value of total assets at beginning of year2012-12-31$5,936,410
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$82,125
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$204,646
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$204,646
Administrative expenses professional fees incurred2012-12-31$16,011
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$700,000
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$187,364
Amount contributed by the employer to the plan for this plan year2012-12-31$187,364
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$13,338
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,442
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$10,033
Administrative expenses (other) incurred2012-12-31$15,378
Liabilities. Value of operating payables at end of year2012-12-31$27,358
Liabilities. Value of operating payables at beginning of year2012-12-31$24,489
Total non interest bearing cash at end of year2012-12-31$41,024
Total non interest bearing cash at beginning of year2012-12-31$18,850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$197,285
Value of net assets at end of year (total assets less liabilities)2012-12-31$6,109,206
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,911,921
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$27,445
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$5,975,375
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$5,700,444
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$85,561
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$188,959
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$188,959
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$187,364
Employer contributions (assets) at end of year2012-12-31$19,824
Employer contributions (assets) at beginning of year2012-12-31$18,124
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$634,486
Contract administrator fees2012-12-31$23,291
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31CHERNOW KURTZMAN AND COMPANY,P.C.
Accountancy firm EIN2012-12-31232673549
2011 : RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-168,297
Total unrealized appreciation/depreciation of assets2011-12-31$-168,297
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$24,489
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$25,483
Total income from all sources (including contributions)2011-12-31$249,253
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$497,136
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$414,767
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$201,283
Value of total assets at end of year2011-12-31$5,936,410
Value of total assets at beginning of year2011-12-31$6,185,287
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$82,369
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$216,267
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$216,267
Administrative expenses professional fees incurred2011-12-31$16,874
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$700,000
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$201,283
Amount contributed by the employer to the plan for this plan year2011-12-31$201,283
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$10,033
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$1,205
Administrative expenses (other) incurred2011-12-31$12,269
Liabilities. Value of operating payables at end of year2011-12-31$24,489
Liabilities. Value of operating payables at beginning of year2011-12-31$25,483
Total non interest bearing cash at end of year2011-12-31$18,850
Total non interest bearing cash at beginning of year2011-12-31$20,101
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-247,883
Value of net assets at end of year (total assets less liabilities)2011-12-31$5,911,921
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$6,159,804
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$27,982
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$5,700,444
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,074,446
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$188,959
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$70,628
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$70,628
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$201,283
Employer contributions (assets) at end of year2011-12-31$18,124
Employer contributions (assets) at beginning of year2011-12-31$18,907
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$414,767
Contract administrator fees2011-12-31$25,244
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31CHERNOW KURTZMAN AND COMPANY,P.C.
Accountancy firm EIN2011-12-31232673549
2010 : RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$376,239
Total unrealized appreciation/depreciation of assets2010-12-31$376,239
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$25,483
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$24,572
Total income from all sources (including contributions)2010-12-31$704,840
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$426,589
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$331,179
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$209,136
Value of total assets at end of year2010-12-31$6,185,287
Value of total assets at beginning of year2010-12-31$5,906,125
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$95,410
Total interest from all sources2010-12-31$32
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$119,433
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$119,433
Administrative expenses professional fees incurred2010-12-31$22,190
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$209,136
Amount contributed by the employer to the plan for this plan year2010-12-31$209,136
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Assets. Other investments not covered elsewhere at end of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$2,067,660
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$1,205
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$705
Administrative expenses (other) incurred2010-12-31$14,371
Liabilities. Value of operating payables at end of year2010-12-31$25,483
Liabilities. Value of operating payables at beginning of year2010-12-31$24,572
Total non interest bearing cash at end of year2010-12-31$20,101
Total non interest bearing cash at beginning of year2010-12-31$19,778
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$278,251
Value of net assets at end of year (total assets less liabilities)2010-12-31$6,159,804
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$5,881,553
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$32,006
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$6,074,446
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,756,339
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$70,628
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$45,369
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$45,369
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$32
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$209,136
Employer contributions (assets) at end of year2010-12-31$18,907
Employer contributions (assets) at beginning of year2010-12-31$16,274
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$331,179
Contract administrator fees2010-12-31$26,843
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31CHERNOW KURTZMAN
Accountancy firm EIN2010-12-31232673549
2009 : RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$227,186
Amount contributed by the employer to the plan for this plan year2009-12-31$227,186

Form 5500 Responses for RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN

2012: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulti-employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulti-employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2010 form 5500 responses
2010-01-01Type of plan entityMulti-employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: RETAIL WHOLESALE DEPARTMENT STORE UNION LOCAL 1034 SEVERANCE PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulti-employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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