401k Plan data: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN plan

ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 401k Plan overview

Plan Name	ELECTRICAL WORKERS LOCAL 242 401(K) PLAN
Plan identification number	002

ELECTRICAL WORKERS LOCAL 242 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.

401k Sponsoring company profile

TRUSTEES ELECTRICAL WORKERS LOCAL 242 401(K) PLAN has sponsored the creation of one or more 401k plans.

Company Name: TRUSTEES ELECTRICAL WORKERS LOCAL 242 401(K) PLAN

Employer identification number (EIN): 411972744

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELECTRICAL WORKERS LOCAL 242 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 DANA HANSON WILLIAM MAJERLE 2015-10-15
002 2013-01-01 DANA HANSON WILLIAM MAJERLE 2014-10-13
002 2012-01-01 DANA HANSON DONALD SMITH 2013-10-15
002 2011-01-01 JIM BROWN WILLIAM MAJERLE 2012-10-15
002 2009-01-01 WILLIAM MAJERLE 2010-07-22

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2014-01-01	DANA HANSON		WILLIAM MAJERLE	2015-10-15
002	2013-01-01	DANA HANSON		WILLIAM MAJERLE	2014-10-13
002	2012-01-01	DANA HANSON		DONALD SMITH	2013-10-15
002	2011-01-01	JIM BROWN		WILLIAM MAJERLE	2012-10-15
002	2009-01-01	WILLIAM MAJERLE	2010-07-22

Plan Statistics for ELECTRICAL WORKERS LOCAL 242 401(K) PLAN

401k plan membership statisitcs for ELECTRICAL WORKERS LOCAL 242 401(K) PLAN

Measure Date Value
2014: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 308
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 257
Number of other retired or separated participants entitled to future benefits 2014-01-01 42
Total of all active and inactive participants 2014-01-01 299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 3
Total participants 2014-01-01 302
Number of participants with account balances 2014-01-01 285
Number of employers contributing to the scheme 2014-01-01 52
2013: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 322
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 243
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 42
Total of all active and inactive participants 2013-01-01 285
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 2
Total participants 2013-01-01 287
Number of participants with account balances 2013-01-01 287
Number of employers contributing to the scheme 2013-01-01 49
2012: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 221
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 259
Number of retired or separated participants receiving benefits 2012-01-01 6
Number of other retired or separated participants entitled to future benefits 2012-01-01 57
Total of all active and inactive participants 2012-01-01 322
Total participants 2012-01-01 322
Number of participants with account balances 2012-01-01 291
Number of employers contributing to the scheme 2012-01-01 64
2011: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 287
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 171
Number of other retired or separated participants entitled to future benefits 2011-01-01 49
Total of all active and inactive participants 2011-01-01 220
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 221
Number of participants with account balances 2011-01-01 280
Number of employers contributing to the scheme 2011-01-01 61
2009: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 314
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 253
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 53
Total of all active and inactive participants 2009-01-01 306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 306
Number of participants with account balances 2009-01-01 292
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0
Number of employers contributing to the scheme 2009-01-01 25

Measure	Date	Value
2014: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	308
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	257
Number of other retired or separated participants entitled to future benefits	2014-01-01	42
Total of all active and inactive participants	2014-01-01	299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	3
Total participants	2014-01-01	302
Number of participants with account balances	2014-01-01	285
Number of employers contributing to the scheme	2014-01-01	52
2013: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	322
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	243
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	42
Total of all active and inactive participants	2013-01-01	285
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	2
Total participants	2013-01-01	287
Number of participants with account balances	2013-01-01	287
Number of employers contributing to the scheme	2013-01-01	49
2012: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	221
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	259
Number of retired or separated participants receiving benefits	2012-01-01	6
Number of other retired or separated participants entitled to future benefits	2012-01-01	57
Total of all active and inactive participants	2012-01-01	322
Total participants	2012-01-01	322
Number of participants with account balances	2012-01-01	291
Number of employers contributing to the scheme	2012-01-01	64
2011: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	287
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	171
Number of other retired or separated participants entitled to future benefits	2011-01-01	49
Total of all active and inactive participants	2011-01-01	220
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	221
Number of participants with account balances	2011-01-01	280
Number of employers contributing to the scheme	2011-01-01	61
2009: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	314
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	253
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	53
Total of all active and inactive participants	2009-01-01	306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	306
Number of participants with account balances	2009-01-01	292
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0
Number of employers contributing to the scheme	2009-01-01	25

Financial Data on ELECTRICAL WORKERS LOCAL 242 401(K) PLAN

Measure	Date	Value
2014 : ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$8,856
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$2,653
Total income from all sources (including contributions)	2014-12-31	$888,902
Total of all expenses incurred	2014-12-31	$200,197
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$164,128
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$474,710
Value of total assets at end of year	2014-12-31	$7,481,815
Value of total assets at beginning of year	2014-12-31	$6,786,907
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$36,069
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$392,751
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$392,751
Administrative expenses professional fees incurred	2014-12-31	$5,107
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$474,710
Participant contributions at end of year	2014-12-31	$41,709
Participant contributions at beginning of year	2014-12-31	$34,881
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$1,203
Other income not declared elsewhere	2014-12-31	$27,557
Administrative expenses (other) incurred	2014-12-31	$4,456
Liabilities. Value of operating payables at end of year	2014-12-31	$7,653
Liabilities. Value of operating payables at beginning of year	2014-12-31	$2,653
Total non interest bearing cash at end of year	2014-12-31	$27,449
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$688,705
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$7,472,959
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$6,784,254
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$6,403
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$6,939,959
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$6,296,926
Value of interest in common/collective trusts at end of year	2014-12-31	$472,698
Value of interest in common/collective trusts at beginning of year	2014-12-31	$429,508
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$25,592
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$25,592
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$-13,490
Net investment gain or loss from common/collective trusts	2014-12-31	$7,374
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$164,128
Contract administrator fees	2014-12-31	$20,103
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	2014-12-31	No
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	LEGACY PROFESSIONALS LLP
Accountancy firm EIN	2014-12-31	320045399
2013 : ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$2,653
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$5,548
Total income from all sources (including contributions)	2013-12-31	$1,643,942
Total of all expenses incurred	2013-12-31	$224,557
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$196,879
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$450,770
Value of total assets at end of year	2013-12-31	$6,786,907
Value of total assets at beginning of year	2013-12-31	$5,370,417
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$27,678
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$196,423
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$196,423
Administrative expenses professional fees incurred	2013-12-31	$4,530
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$450,770
Participant contributions at end of year	2013-12-31	$34,881
Participant contributions at beginning of year	2013-12-31	$36,417
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$24,755
Other income not declared elsewhere	2013-12-31	$25,508
Administrative expenses (other) incurred	2013-12-31	$1,200
Liabilities. Value of operating payables at end of year	2013-12-31	$2,653
Liabilities. Value of operating payables at beginning of year	2013-12-31	$5,548
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,419,385
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$6,784,254
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$5,364,869
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$4,002
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$6,296,926
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$4,809,057
Value of interest in common/collective trusts at end of year	2013-12-31	$429,508
Value of interest in common/collective trusts at beginning of year	2013-12-31	$500,099
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$25,592
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$89
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$89
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$976,729
Net investment gain or loss from common/collective trusts	2013-12-31	$-5,488
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$196,879
Contract administrator fees	2013-12-31	$17,946
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	2013-12-31	No
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	LEGACY PROFESSIONALS LLP
Accountancy firm EIN	2013-12-31	320045399
2012 : ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$5,548
Total income from all sources (including contributions)	2012-12-31	$1,064,099
Total of all expenses incurred	2012-12-31	$127,429
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$97,793
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$427,228
Value of total assets at end of year	2012-12-31	$5,370,417
Value of total assets at beginning of year	2012-12-31	$4,428,199
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$29,636
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$146,310
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	$146,310
Administrative expenses professional fees incurred	2012-12-31	$5,947
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
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$427,228
Participant contributions at end of year	2012-12-31	$36,417
Participant contributions at beginning of year	2012-12-31	$32,100
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$24,755
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$22,822
Other income not declared elsewhere	2012-12-31	$21,761
Administrative expenses (other) incurred	2012-12-31	$5,264
Liabilities. Value of operating payables at end of year	2012-12-31	$5,548
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	$936,670
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$5,364,869
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$4,428,199
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
Investment advisory and management fees	2012-12-31	$4,261
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$4,809,057
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$4,372,627
Value of interest in common/collective trusts at end of year	2012-12-31	$500,099
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$89
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$650
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$650
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$448,116
Net investment gain or loss from common/collective trusts	2012-12-31	$20,684
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	$97,793
Contract administrator fees	2012-12-31	$14,164
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	2012-12-31	No
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
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	LEGACY PROFESSIONALS LLP
Accountancy firm EIN	2012-12-31	320045399
2011 : ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$323,564
Total of all expenses incurred	2011-12-31	$187,302
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$166,512
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$454,577
Value of total assets at end of year	2011-12-31	$4,428,199
Value of total assets at beginning of year	2011-12-31	$4,291,937
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$20,790
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$99,762
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$99,762
Administrative expenses professional fees incurred	2011-12-31	$2,900
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
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$454,577
Participant contributions at end of year	2011-12-31	$32,100
Participant contributions at beginning of year	2011-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$22,822
Other income not declared elsewhere	2011-12-31	$39,194
Administrative expenses (other) incurred	2011-12-31	$293
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	$136,262
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$4,428,199
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$4,291,937
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
Investment advisory and management fees	2011-12-31	$4,417
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$4,372,627
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$4,291,937
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$650
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-269,969
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	$166,512
Contract administrator fees	2011-12-31	$13,180
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	2011-12-31	No
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
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	LEGACY PROFESSIONALS LLP
Accountancy firm EIN	2011-12-31	320043599
2010 : ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$413,588
Total unrealized appreciation/depreciation of assets	2010-12-31	$413,588
Total income from all sources (including contributions)	2010-12-31	$851,002
Total of all expenses incurred	2010-12-31	$62,612
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$58,791
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$360,181
Value of total assets at end of year	2010-12-31	$4,291,937
Value of total assets at beginning of year	2010-12-31	$3,503,547
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$3,821
Total interest from all sources	2010-12-31	$77,233
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$100,000
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
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	$788,390
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$4,291,937
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$3,503,547
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	$3,821
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$4,291,937
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$3,503,547
Interest earned on other investments	2010-12-31	$77,233
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
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	$360,181
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$58,791
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
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	LICARI, LARSEN & CO. LTD
Accountancy firm EIN	2010-12-31	411806729
2009 : ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for ELECTRICAL WORKERS LOCAL 242 401(K) PLAN

2014: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Multi-employer plan
2014-01-01	Plan is a collectively bargained plan	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Multi-employer plan
2013-01-01	Plan is a collectively bargained plan	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Multi-employer plan
2012-01-01	Plan is a collectively bargained plan	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Multi-employer plan
2011-01-01	Plan is a collectively bargained plan	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: ELECTRICAL WORKERS LOCAL 242 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Multi-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	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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

Company Name:	TRUSTEES ELECTRICAL WORKERS LOCAL 242 401(K) PLAN
Employer identification number (EIN):	411972744
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors