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WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST 401k Plan overview

Plan NameWATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST
Plan identification number 505

WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

WATKINS & EAGER PLLC has sponsored the creation of one or more 401k plans.

Company Name:WATKINS & EAGER PLLC
Employer identification number (EIN):266705770
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5052011-01-01JAMES J CRONGEYER2012-09-28
5052010-01-01JAMES J CRONGEYER
5052009-01-01JAMES J CRONGEYER

Plan Statistics for WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST

401k plan membership statisitcs for WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST

Measure Date Value
2010: WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01131
Total number of active participants reported on line 7a of the Form 55002010-01-01117
Total of all active and inactive participants2010-01-01117
2009: WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-010
Total number of active participants reported on line 7a of the Form 55002009-01-01131
Total of all active and inactive participants2009-01-01131

Financial Data on WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST

Measure Date Value
2010 : WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST 2010 401k financial data
Total income from all sources (including contributions)2010-12-31$1,332,809
Total of all expenses incurred2010-12-31$1,333,108
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,258,413
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,332,809
Value of total assets at end of year2010-12-31$0
Value of total assets at beginning of year2010-12-31$299
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$74,695
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
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$586,586
Administrative expenses (other) incurred2010-12-31$74,695
Total non interest bearing cash at end of year2010-12-31$0
Total non interest bearing cash at beginning of year2010-12-31$299
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-299
Value of net assets at end of year (total assets less liabilities)2010-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$299
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
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$186,350
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
Contributions received in cash from employer2010-12-31$746,223
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,072,063
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31No
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 name2010-12-31HARPER RAINS KNIGHT & COMPANY PA
Accountancy firm EIN2010-12-31640809101

Form 5500 Responses for WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST

2010: WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: WATKINS & EAGER EMPLOYEE BENEFIT PLAN TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PAN-AMERICAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67539 )
Policy contract number42601
Policy instance 1
Insurance contract or identification number42601
Number of Individuals Covered117
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Welfare Benefit Premiums Paid to CarrierUSD $186,350
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Insurance broker organization code?3
Insurance broker nameENTRUST AGENCIES, INC.

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