401k Plan data: NEW ENERGY CORP. PENSION PLAN plan

NEW ENERGY CORP. PENSION PLAN 401k Plan overview

Plan Name	NEW ENERGY CORP. PENSION PLAN
Plan identification number	001

NEW ENERGY CORP. PENSION PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021). Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

NEW ENERGY CORP. has sponsored the creation of one or more 401k plans.

Company Name: NEW ENERGY CORP.

Employer identification number (EIN): 352015774

NAIC Classification: 325100

Additional information about NEW ENERGY CORP.

Jurisdiction of Incorporation: Colorado Department of State

Incorporation Date: 2011-01-02

Company Identification Number: 20101699370

Legal Registered Office Address: 2000 ARAPAHOE ST.
UNIT 202
Denver
United States of America (USA)
80205

More information about NEW ENERGY CORP.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ENERGY CORP. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 RUSSELL ABARR
001 2011-01-01 FRANK BUTISTE
001 2009-01-01 FRANK J. BUTISTE FRANK J. BUTISTE 2010-07-30

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	RUSSELL ABARR
001	2011-01-01	FRANK BUTISTE
001	2009-01-01	FRANK J. BUTISTE	FRANK J. BUTISTE	2010-07-30

Plan Statistics for NEW ENERGY CORP. PENSION PLAN

401k plan membership statisitcs for NEW ENERGY CORP. PENSION PLAN

Measure Date Value
2012: NEW ENERGY CORP. PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 156
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 22
Number of retired or separated participants receiving benefits 2012-01-01 10
Number of other retired or separated participants entitled to future benefits 2012-01-01 108
Total of all active and inactive participants 2012-01-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 6
Total participants 2012-01-01 146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: NEW ENERGY CORP. PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 169
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 71
Number of retired or separated participants receiving benefits 2011-01-01 8
Number of other retired or separated participants entitled to future benefits 2011-01-01 71
Total of all active and inactive participants 2011-01-01 150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 6
Total participants 2011-01-01 156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: NEW ENERGY CORP. PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 185
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 109
Number of retired or separated participants receiving benefits 2009-01-01 4
Number of other retired or separated participants entitled to future benefits 2009-01-01 59
Total of all active and inactive participants 2009-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 6
Total participants 2009-01-01 178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: NEW ENERGY CORP. PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	156
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	22
Number of retired or separated participants receiving benefits	2012-01-01	10
Number of other retired or separated participants entitled to future benefits	2012-01-01	108
Total of all active and inactive participants	2012-01-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	6
Total participants	2012-01-01	146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: NEW ENERGY CORP. PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	169
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	71
Number of retired or separated participants receiving benefits	2011-01-01	8
Number of other retired or separated participants entitled to future benefits	2011-01-01	71
Total of all active and inactive participants	2011-01-01	150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	6
Total participants	2011-01-01	156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: NEW ENERGY CORP. PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	185
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	109
Number of retired or separated participants receiving benefits	2009-01-01	4
Number of other retired or separated participants entitled to future benefits	2009-01-01	59
Total of all active and inactive participants	2009-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	6
Total participants	2009-01-01	178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on NEW ENERGY CORP. PENSION PLAN

Measure	Date	Value
2012 : NEW ENERGY CORP. PENSION PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$-3,900
Total unrealized appreciation/depreciation of assets	2012-12-31	$-3,900
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$10,746
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$11,548
Total income from all sources (including contributions)	2012-12-31	$617,317
Total loss/gain on sale of assets	2012-12-31	$1,794
Total of all expenses incurred	2012-12-31	$1,106,432
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$1,062,469
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$0
Value of total assets at end of year	2012-12-31	$7,363,202
Value of total assets at beginning of year	2012-12-31	$7,853,119
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$43,963
Total interest from all sources	2012-12-31	$41,441
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$28,891
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$28,891
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$7,818
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$13,390
Administrative expenses (other) incurred	2012-12-31	$43,963
Liabilities. Value of operating payables at end of year	2012-12-31	$10,746
Liabilities. Value of operating payables at beginning of year	2012-12-31	$11,548
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$-489,115
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$7,352,456
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$7,841,571
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$1,118,109
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$553,159
Income. Interest from US Government securities	2012-12-31	$41,441
Value of interest in common/collective trusts at end of year	2012-12-31	$5,178,816
Value of interest in common/collective trusts at beginning of year	2012-12-31	$5,507,483
Asset value of US Government securities at end of year	2012-12-31	$1,058,459
Asset value of US Government securities at beginning of year	2012-12-31	$1,779,087
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$143,084
Net investment gain or loss from common/collective trusts	2012-12-31	$406,007
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$1,062,469
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$748,747
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$746,953
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	HAINES, ISENBARGER & SKIBA, LLC
Accountancy firm EIN	2012-12-31	522127371
2011 : NEW ENERGY CORP. PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$74,706
Total unrealized appreciation/depreciation of assets	2011-12-31	$74,706
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$11,548
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$12,461
Total income from all sources (including contributions)	2011-12-31	$172,549
Total loss/gain on sale of assets	2011-12-31	$42,596
Total of all expenses incurred	2011-12-31	$896,250
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$847,574
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$7,853,119
Value of total assets at beginning of year	2011-12-31	$8,577,733
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$48,676
Total interest from all sources	2011-12-31	$102,279
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$13,390
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$16,126
Administrative expenses (other) incurred	2011-12-31	$48,676
Liabilities. Value of operating payables at end of year	2011-12-31	$11,548
Liabilities. Value of operating payables at beginning of year	2011-12-31	$12,461
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-723,701
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$7,841,571
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$8,565,272
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$553,159
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$706,729
Income. Interest from US Government securities	2011-12-31	$102,279
Value of interest in common/collective trusts at end of year	2011-12-31	$5,507,483
Value of interest in common/collective trusts at beginning of year	2011-12-31	$5,734,169
Asset value of US Government securities at end of year	2011-12-31	$1,779,087
Asset value of US Government securities at beginning of year	2011-12-31	$2,120,709
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-103,570
Net investment gain or loss from common/collective trusts	2011-12-31	$56,538
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$847,574
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$526,750
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$484,154
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	ERNST & YOUNG LLP
Accountancy firm EIN	2011-12-31	346565596
2010 : NEW ENERGY CORP. PENSION PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$59,878
Total unrealized appreciation/depreciation of assets	2010-12-31	$59,878
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$12,461
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$12,038
Total income from all sources (including contributions)	2010-12-31	$765,423
Total loss/gain on sale of assets	2010-12-31	$-339
Total of all expenses incurred	2010-12-31	$698,195
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$649,422
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$8,577,733
Value of total assets at beginning of year	2010-12-31	$8,510,082
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$48,773
Total interest from all sources	2010-12-31	$64,041
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$16,635
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$16,635
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$16,126
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$16,124
Administrative expenses (other) incurred	2010-12-31	$48,773
Liabilities. Value of operating payables at end of year	2010-12-31	$12,461
Liabilities. Value of operating payables at beginning of year	2010-12-31	$12,038
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	$67,228
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$8,565,272
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$8,498,044
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$706,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$963,406
Income. Interest from US Government securities	2010-12-31	$64,041
Value of interest in common/collective trusts at end of year	2010-12-31	$5,734,169
Value of interest in common/collective trusts at beginning of year	2010-12-31	$5,491,606
Asset value of US Government securities at end of year	2010-12-31	$2,120,709
Asset value of US Government securities at beginning of year	2010-12-31	$2,038,946
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$155,421
Net investment gain or loss from common/collective trusts	2010-12-31	$469,787
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$649,422
Did the plan have assets held for investment	2010-12-31	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	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	No
Aggregate proceeds on sale of assets	2010-12-31	$4,565
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$4,904
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	ERNST & YOUNG LLP
Accountancy firm EIN	2010-12-31	346565596
2009 : NEW ENERGY CORP. PENSION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for NEW ENERGY CORP. PENSION PLAN

2012: NEW ENERGY CORP. PENSION PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: NEW ENERGY CORP. PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: NEW ENERGY CORP. PENSION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NEW ENERGY CORP.
Employer identification number (EIN):	352015774
NAIC Classification:	325100

Jurisdiction of Incorporation:	Colorado Department of State
Incorporation Date:	2011-01-02
Company Identification Number:	20101699370
Legal Registered Office Address:	2000 ARAPAHOE ST. UNIT 202 Denver United States of America (USA) 80205