?>
Logo

TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 401k Plan overview

Plan NameTEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST
Plan identification number 001

TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Non-U.S. plan - Pension plan maintained outside the United States primarily for nonresident aliens.

401k Sponsoring company profile

TEAMSTERS LOCAL 348 has sponsored the creation of one or more 401k plans.

Company Name:TEAMSTERS LOCAL 348
Employer identification number (EIN):261770315
NAIC Classification:488990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01CRAIG GRAHAM, TRUSTEE
0012012-01-01CRAIG GRAHAM, TRUSTEE
0012011-01-01CRAIG GRAHAM, TRUSTEE
0012009-01-01CRAIG GRAHAM, TRUSTEE
0012007-06-01 CRAIG GRAHAM2010-03-17

Plan Statistics for TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST

401k plan membership statisitcs for TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST

Measure Date Value
2013: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0144
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Number of employers contributing to the scheme2013-01-010
2012: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01148
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0144
Total of all active and inactive participants2012-01-0144
Total participants2012-01-0144
Number of participants with account balances2012-01-0144
Number of employers contributing to the scheme2012-01-014
2011: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-01146
Total number of active participants reported on line 7a of the Form 55002011-01-01116
Number of other retired or separated participants entitled to future benefits2011-01-0132
Total of all active and inactive participants2011-01-01148
Total participants2011-01-01148
Number of participants with account balances2011-01-0147
Number of employers contributing to the scheme2011-01-014
2009: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01180
Total number of active participants reported on line 7a of the Form 55002009-01-01133
Number of other retired or separated participants entitled to future benefits2009-01-0129
Total of all active and inactive participants2009-01-01162
Total participants2009-01-01162
Number of participants with account balances2009-01-0156
Number of employers contributing to the scheme2009-01-015
2007: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2007 401k membership
Total participants, beginning-of-year2007-06-01382
Total number of active participants reported on line 7a of the Form 55002007-06-01175
Number of other retired or separated participants entitled to future benefits2007-06-0133
Total of all active and inactive participants2007-06-01208
Total participants2007-06-01208
Number of participants with account balances2007-06-0160

Financial Data on TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST

Measure Date Value
2013 : TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$30,977
Total income from all sources2013-12-31$15,457
Expenses. Total of all expenses incurred2013-12-31$1,095,517
Benefits paid (including direct rollovers)2013-12-31$1,083,624
Total plan assets at end of year2013-12-31$0
Total plan assets at beginning of year2013-12-31$1,111,037
Expenses. Other expenses not covered elsewhere2013-12-31$355
Other income received2013-12-31$15,457
Net income (gross income less expenses)2013-12-31$-1,080,060
Net plan assets at end of year (total assets less liabilities)2013-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,080,060
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$11,538
2012 : TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$45,567
Total unrealized appreciation/depreciation of assets2012-12-31$45,567
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$30,977
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$37,843
Total income from all sources (including contributions)2012-12-31$121,928
Total of all expenses incurred2012-12-31$385,420
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$378,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$41,170
Value of total assets at end of year2012-12-31$1,111,037
Value of total assets at beginning of year2012-12-31$1,381,395
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$6,450
Total interest from all sources2012-12-31$35,191
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Administrative expenses professional fees incurred2012-12-31$6,450
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$200,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$41,170
Participant contributions at beginning of year2012-12-31$5,728
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$30,977
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$33,953
Liabilities. Value of operating payables at beginning of year2012-12-31$3,890
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-263,492
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,080,060
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,343,552
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$168,745
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$377,126
Interest earned on other investments2012-12-31$35,191
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$36,856
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$34,363
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$34,363
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$905,436
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$964,178
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$378,970
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31SKODA MINOTTI CPAS
Accountancy firm EIN2012-12-31341945206
2011 : TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-37,358
Total unrealized appreciation/depreciation of assets2011-12-31$-37,358
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$37,843
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$33,007
Total income from all sources (including contributions)2011-12-31$134,251
Total of all expenses incurred2011-12-31$49,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$37,825
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$130,599
Value of total assets at end of year2011-12-31$1,381,395
Value of total assets at beginning of year2011-12-31$1,292,164
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$12,031
Total interest from all sources2011-12-31$41,010
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$12,031
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$200,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$47,424
Participant contributions at end of year2011-12-31$5,728
Participant contributions at beginning of year2011-12-31$6,091
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$83,175
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$33,953
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$33,007
Liabilities. Value of operating payables at end of year2011-12-31$3,890
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$84,395
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,343,552
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,259,157
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$377,126
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$416,858
Interest earned on other investments2011-12-31$41,010
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$34,363
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$964,178
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$869,215
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$37,825
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 name2011-12-31LOMAX, SOFUL & FOSTER, INC.
Accountancy firm EIN2011-12-31341167895
2010 : TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$33,007
Total income from all sources (including contributions)2010-12-31$150,205
Total of all expenses incurred2010-12-31$600,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$591,084
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$60,853
Value of total assets at end of year2010-12-31$1,292,164
Value of total assets at beginning of year2010-12-31$1,709,808
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$9,772
Total interest from all sources2010-12-31$45,091
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$9,772
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$200,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$60,853
Participant contributions at end of year2010-12-31$6,091
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$27,525
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$33,007
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-450,651
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,259,157
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,709,808
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$416,858
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$278,376
Interest earned on other investments2010-12-31$45,091
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$869,215
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$1,403,907
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$44,261
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$591,084
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 name2010-12-31LOMAX, SOFUL & FOSTER, INC.
Accountancy firm EIN2010-12-31341167895

Form 5500 Responses for TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST

2013: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entityMulti-employer plan
2013-01-01This submission is the final filingYes
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entityMulti-employer plan
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entityMulti-employer plan
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entityMulti-employer plan
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes
2007: TEAMSTERS LOCAL NO 348 401K RETIREMENT PLAN AND TRUST 2007 form 5500 responses
2007-06-01Submission has been amendedYes
2007-06-01This submission is the final filingNo
2007-06-01This return/report is a short plan year return/report (less than 12 months)No
2007-06-01Plan is a collectively bargained planNo
2007-06-01Plan funding arrangement – InsuranceYes
2007-06-01Plan funding arrangement – TrustYes
2007-06-01Plan benefit arrangement – InsuranceYes
2007-06-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3