?>
Logo

NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 401k Plan overview

Plan NameNEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND
Plan identification number 001

NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND has sponsored the creation of one or more 401k plans.

Company Name:NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND
Employer identification number (EIN):516105542
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01CARL CONDIT JUNE KIMBROUGH2018-10-04
0012016-01-01CARL CONDIT JUNE KIMBROUGH2017-10-02
0012015-01-01CARL CONDIT MARIA GRANONE2016-10-04
0012014-01-01CARL CONDIT MARIA GRANONE2015-10-11
0012013-01-01MARIA GRANONE CARL CONDIT2014-10-03
0012012-01-01MARIA GRANONE CARL CONDIT2013-07-10
0012011-01-01WT CLAUNCH CARL CONDIT2012-05-09
0012009-01-01WT CLAUNCH CARL CONDIT2010-06-22
0012009-01-01WT CLAUNCH CARL CONDIT2010-07-09

Plan Statistics for NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND

401k plan membership statisitcs for NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND

Measure Date Value
2022: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2022 401k membership
Total participants, beginning-of-year2022-01-012,526
Total number of active participants reported on line 7a of the Form 55002022-01-011,366
Number of other retired or separated participants entitled to future benefits2022-01-011,265
Total of all active and inactive participants2022-01-012,631
Total participants2022-01-012,631
Number of participants with account balances2022-01-012,631
Number of employers contributing to the scheme2022-01-0145
2021: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2021 401k membership
Total participants, beginning-of-year2021-01-012,423
Total number of active participants reported on line 7a of the Form 55002021-01-011,353
Number of other retired or separated participants entitled to future benefits2021-01-011,173
Total of all active and inactive participants2021-01-012,526
Total participants2021-01-012,526
Number of participants with account balances2021-01-012,526
Number of employers contributing to the scheme2021-01-0145
2020: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2020 401k membership
Total participants, beginning-of-year2020-01-012,348
Total number of active participants reported on line 7a of the Form 55002020-01-011,291
Number of other retired or separated participants entitled to future benefits2020-01-011,132
Total of all active and inactive participants2020-01-012,423
Total participants2020-01-012,423
Number of participants with account balances2020-01-012,423
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
Number of employers contributing to the scheme2020-01-0131
2019: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2019 401k membership
Total participants, beginning-of-year2019-01-012,276
Total number of active participants reported on line 7a of the Form 55002019-01-011,251
Number of other retired or separated participants entitled to future benefits2019-01-011,097
Total of all active and inactive participants2019-01-012,348
Total participants2019-01-012,348
Number of participants with account balances2019-01-012,348
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
Number of employers contributing to the scheme2019-01-0131
2018: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2018 401k membership
Total participants, beginning-of-year2018-01-012,085
Total number of active participants reported on line 7a of the Form 55002018-01-011,243
Number of other retired or separated participants entitled to future benefits2018-01-011,033
Total of all active and inactive participants2018-01-012,276
Total participants2018-01-012,276
Number of participants with account balances2018-01-012,276
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
Number of employers contributing to the scheme2018-01-0131
2017: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2017 401k membership
Total participants, beginning-of-year2017-01-011,967
Total number of active participants reported on line 7a of the Form 55002017-01-011,024
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011,061
Total of all active and inactive participants2017-01-012,085
Total participants2017-01-012,085
Number of participants with account balances2017-01-012,085
Number of employers contributing to the scheme2017-01-0130
2016: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2016 401k membership
Total participants, beginning-of-year2016-01-012,066
Total number of active participants reported on line 7a of the Form 55002016-01-01836
Number of other retired or separated participants entitled to future benefits2016-01-011,131
Total of all active and inactive participants2016-01-011,967
Total participants2016-01-011,967
Number of participants with account balances2016-01-011,967
Number of employers contributing to the scheme2016-01-0134
2015: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2015 401k membership
Total participants, beginning-of-year2015-01-012,175
Total number of active participants reported on line 7a of the Form 55002015-01-01849
Number of other retired or separated participants entitled to future benefits2015-01-011,217
Total of all active and inactive participants2015-01-012,066
Total participants2015-01-012,066
Number of participants with account balances2015-01-012,066
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
Number of employers contributing to the scheme2015-01-0134
2014: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2014 401k membership
Total participants, beginning-of-year2014-01-012,302
Total number of active participants reported on line 7a of the Form 55002014-01-01875
Number of other retired or separated participants entitled to future benefits2014-01-011,300
Total of all active and inactive participants2014-01-012,175
Total participants2014-01-012,175
Number of participants with account balances2014-01-012,175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
Number of employers contributing to the scheme2014-01-0131
2013: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2013 401k membership
Total participants, beginning-of-year2013-01-012,511
Total number of active participants reported on line 7a of the Form 55002013-01-01664
Number of retired or separated participants receiving benefits2013-01-0117
Number of other retired or separated participants entitled to future benefits2013-01-011,619
Total of all active and inactive participants2013-01-012,300
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-012,302
Number of participants with account balances2013-01-012,302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
Number of employers contributing to the scheme2013-01-0144
2012: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2012 401k membership
Total participants, beginning-of-year2012-01-012,368
Total number of active participants reported on line 7a of the Form 55002012-01-012,493
Number of retired or separated participants receiving benefits2012-01-0118
Total of all active and inactive participants2012-01-012,511
Total participants2012-01-012,511
Number of participants with account balances2012-01-012,511
Number of employers contributing to the scheme2012-01-0135
2011: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2011 401k membership
Total participants, beginning-of-year2011-01-012,461
Total number of active participants reported on line 7a of the Form 55002011-01-012,347
Number of retired or separated participants receiving benefits2011-01-0121
Total of all active and inactive participants2011-01-012,368
Total participants2011-01-012,368
Number of employers contributing to the scheme2011-01-0135
2009: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2009 401k membership
Total participants, beginning-of-year2009-01-012,446
Total number of active participants reported on line 7a of the Form 55002009-01-012,531
Number of retired or separated participants receiving benefits2009-01-0127
Total of all active and inactive participants2009-01-012,558
Total participants2009-01-012,558
Number of participants with account balances2009-01-012,558
Number of employers contributing to the scheme2009-01-0137

Financial Data on NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND

Measure Date Value
2022 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$25,307
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$12,578
Total income from all sources (including contributions)2022-12-31$-14,609,158
Total loss/gain on sale of assets2022-12-31$-15,042
Total of all expenses incurred2022-12-31$6,523,066
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$5,935,003
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$13,088,833
Value of total assets at end of year2022-12-31$182,542,370
Value of total assets at beginning of year2022-12-31$203,661,865
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$588,063
Total interest from all sources2022-12-31$11,399
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$298,953
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$298,953
Administrative expenses professional fees incurred2022-12-31$63,489
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,845,888
Participant contributions at end of year2022-12-31$144,571
Participant contributions at beginning of year2022-12-31$111,889
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$6,015
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$3,872
Administrative expenses (other) incurred2022-12-31$278,240
Total non interest bearing cash at end of year2022-12-31$1,788,435
Total non interest bearing cash at beginning of year2022-12-31$1,072,892
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-21,132,224
Value of net assets at end of year (total assets less liabilities)2022-12-31$182,517,063
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$203,649,287
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$107,812
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$10,295,914
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$12,269,924
Value of interest in common/collective trusts at end of year2022-12-31$168,345,644
Value of interest in common/collective trusts at beginning of year2022-12-31$188,273,551
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$818,627
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$728,132
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$728,132
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$11,399
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,997,528
Net investment gain or loss from common/collective trusts2022-12-31$-25,995,773
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$11,242,945
Employer contributions (assets) at end of year2022-12-31$1,123,138
Employer contributions (assets) at beginning of year2022-12-31$1,032,245
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$5,935,003
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$20,026
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$169,360
Contract administrator fees2022-12-31$138,522
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Liabilities. Value of benefit claims payable at end of year2022-12-31$25,307
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$12,578
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$131,264
Aggregate carrying amount (costs) on sale of assets2022-12-31$146,306
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BALDWIN MOFFITT BEHM LLP
Accountancy firm EIN2022-12-31464370753
2021 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$12,578
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$12,780
Total income from all sources (including contributions)2021-12-31$40,396,597
Total loss/gain on sale of assets2021-12-31$-799,295
Total of all expenses incurred2021-12-31$11,491,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$10,898,155
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$12,010,834
Value of total assets at end of year2021-12-31$203,661,865
Value of total assets at beginning of year2021-12-31$174,756,470
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$592,845
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$248,430
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$248,430
Administrative expenses professional fees incurred2021-12-31$256,849
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,395,438
Participant contributions at end of year2021-12-31$111,889
Participant contributions at beginning of year2021-12-31$84,671
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$11,655
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$3,872
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$12,476
Administrative expenses (other) incurred2021-12-31$92,645
Total non interest bearing cash at end of year2021-12-31$1,072,892
Total non interest bearing cash at beginning of year2021-12-31$1,140,874
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$28,905,597
Value of net assets at end of year (total assets less liabilities)2021-12-31$203,649,287
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$174,743,690
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$107,875
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$12,269,924
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$10,853,322
Value of interest in common/collective trusts at end of year2021-12-31$188,273,551
Value of interest in common/collective trusts at beginning of year2021-12-31$160,287,909
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$728,132
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$830,490
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$830,490
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,368,802
Net investment gain or loss from common/collective trusts2021-12-31$26,567,826
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$10,603,741
Employer contributions (assets) at end of year2021-12-31$1,032,245
Employer contributions (assets) at beginning of year2021-12-31$896,376
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$10,898,155
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$169,360
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$650,352
Contract administrator fees2021-12-31$135,476
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Liabilities. Value of benefit claims payable at end of year2021-12-31$12,578
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$12,780
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$450,650
Aggregate carrying amount (costs) on sale of assets2021-12-31$1,249,945
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BALDWIN MOFFITT BEHM LLP
Accountancy firm EIN2021-12-31464370753
2020 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$12,780
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$13,456
Total income from all sources (including contributions)2020-12-31$32,366,098
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$20,050,090
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$19,482,026
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$11,029,163
Value of total assets at end of year2020-12-31$174,756,470
Value of total assets at beginning of year2020-12-31$162,441,138
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$568,064
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$241,389
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$241,389
Assets. Real estate other than employer real property at beginning of year2020-12-31$0
Administrative expenses professional fees incurred2020-12-31$247,387
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,096,007
Participant contributions at end of year2020-12-31$84,671
Participant contributions at beginning of year2020-12-31$102,139
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$12,476
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$3,872
Administrative expenses (other) incurred2020-12-31$73,251
Total non interest bearing cash at end of year2020-12-31$1,140,874
Total non interest bearing cash at beginning of year2020-12-31$1,195,809
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$12,316,008
Value of net assets at end of year (total assets less liabilities)2020-12-31$174,743,690
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$162,427,682
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$116,808
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$10,853,322
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$10,432,517
Value of interest in common/collective trusts at end of year2020-12-31$160,287,909
Value of interest in common/collective trusts at beginning of year2020-12-31$148,466,261
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$830,490
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$389,205
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$389,205
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$768,175
Net investment gain or loss from common/collective trusts2020-12-31$20,327,371
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$9,933,156
Employer contributions (assets) at end of year2020-12-31$896,376
Employer contributions (assets) at beginning of year2020-12-31$904,469
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$19,482,026
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$650,352
Asset. Corporate debt instrument debt (other) at beginning of year2020-12-31$946,866
Contract administrator fees2020-12-31$130,618
Liabilities. Value of benefit claims payable at end of year2020-12-31$12,780
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$13,456
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$1,757,494
Aggregate carrying amount (costs) on sale of assets2020-12-31$1,757,494
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BALDWIN MOFFITT PLLC
Accountancy firm EIN2020-12-31464370753
2019 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-189,016
Total unrealized appreciation/depreciation of assets2019-12-31$-189,016
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$13,456
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$18,293
Total income from all sources (including contributions)2019-12-31$37,893,157
Total loss/gain on sale of assets2019-12-31$-148,766
Total of all expenses incurred2019-12-31$7,660,530
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,059,109
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$10,731,234
Value of total assets at end of year2019-12-31$162,441,138
Value of total assets at beginning of year2019-12-31$132,213,348
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$601,421
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$336,129
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$336,129
Assets. Real estate other than employer real property at end of year2019-12-31$0
Assets. Real estate other than employer real property at beginning of year2019-12-31$655,014
Administrative expenses professional fees incurred2019-12-31$259,073
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,141,520
Participant contributions at end of year2019-12-31$102,139
Participant contributions at beginning of year2019-12-31$90,947
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$28,161
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$3,872
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$3,385
Administrative expenses (other) incurred2019-12-31$85,756
Total non interest bearing cash at end of year2019-12-31$1,195,809
Total non interest bearing cash at beginning of year2019-12-31$843,176
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$30,232,627
Value of net assets at end of year (total assets less liabilities)2019-12-31$162,427,682
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$132,195,055
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$130,338
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$10,432,517
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$9,036,094
Value of interest in common/collective trusts at end of year2019-12-31$148,466,261
Value of interest in common/collective trusts at beginning of year2019-12-31$118,697,134
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$389,205
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$63,157
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$63,157
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,271,775
Net investment gain or loss from common/collective trusts2019-12-31$25,891,801
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$9,561,553
Employer contributions (assets) at end of year2019-12-31$904,469
Employer contributions (assets) at beginning of year2019-12-31$844,119
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,059,109
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$946,866
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$1,980,322
Contract administrator fees2019-12-31$126,254
Liabilities. Value of benefit claims payable at end of year2019-12-31$13,456
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$18,293
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$1,302,827
Aggregate carrying amount (costs) on sale of assets2019-12-31$1,451,593
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31BALDWIN MOFFITT PLLC
Accountancy firm EIN2019-12-31464370753
2018 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$-251,031
Total unrealized appreciation/depreciation of assets2018-12-31$-251,031
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$18,293
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$20,185
Total income from all sources (including contributions)2018-12-31$2,293,968
Total loss/gain on sale of assets2018-12-31$86,987
Total of all expenses incurred2018-12-31$7,185,315
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$6,546,614
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$9,155,302
Value of total assets at end of year2018-12-31$132,213,348
Value of total assets at beginning of year2018-12-31$137,106,587
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$638,701
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$333,974
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$333,974
Assets. Real estate other than employer real property at end of year2018-12-31$655,014
Assets. Real estate other than employer real property at beginning of year2018-12-31$1,099,781
Administrative expenses professional fees incurred2018-12-31$90,285
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,008,950
Participant contributions at end of year2018-12-31$90,947
Participant contributions at beginning of year2018-12-31$70,478
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$4,252
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$3,385
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$2,710
Administrative expenses (other) incurred2018-12-31$102,046
Total non interest bearing cash at end of year2018-12-31$843,176
Total non interest bearing cash at beginning of year2018-12-31$722,986
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-4,891,347
Value of net assets at end of year (total assets less liabilities)2018-12-31$132,195,055
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$137,086,402
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$334,609
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$9,036,094
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$9,809,097
Value of interest in common/collective trusts at end of year2018-12-31$118,697,134
Value of interest in common/collective trusts at beginning of year2018-12-31$122,540,056
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$63,157
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$29,003
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$29,003
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-524,178
Net investment gain or loss from common/collective trusts2018-12-31$-6,507,086
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$8,142,100
Employer contributions (assets) at end of year2018-12-31$844,119
Employer contributions (assets) at beginning of year2018-12-31$805,448
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$6,546,614
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$1,980,322
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$2,027,028
Contract administrator fees2018-12-31$111,761
Liabilities. Value of benefit claims payable at end of year2018-12-31$18,293
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$20,185
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$309,487
Aggregate carrying amount (costs) on sale of assets2018-12-31$222,500
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31BALDWIN & BALDWIN PLLC
Accountancy firm EIN2018-12-31464370753
2017 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-12-31$-55,431
Total unrealized appreciation/depreciation of assets2017-12-31$-55,431
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$20,185
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$15,021
Total income from all sources (including contributions)2017-12-31$26,190,933
Total loss/gain on sale of assets2017-12-31$-78,857
Total of all expenses incurred2017-12-31$7,547,196
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$6,965,442
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$7,693,285
Value of total assets at end of year2017-12-31$137,106,587
Value of total assets at beginning of year2017-12-31$118,457,686
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$581,754
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$353,694
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$353,694
Assets. Real estate other than employer real property at end of year2017-12-31$1,099,781
Assets. Real estate other than employer real property at beginning of year2017-12-31$1,946,083
Administrative expenses professional fees incurred2017-12-31$89,016
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$723,962
Participant contributions at end of year2017-12-31$70,478
Participant contributions at beginning of year2017-12-31$74,526
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$106,802
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$2,710
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$1,685
Administrative expenses (other) incurred2017-12-31$91,508
Total non interest bearing cash at end of year2017-12-31$722,986
Total non interest bearing cash at beginning of year2017-12-31$835,804
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$18,643,737
Value of net assets at end of year (total assets less liabilities)2017-12-31$137,086,402
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$118,442,665
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$324,410
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$9,809,097
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$8,541,295
Value of interest in common/collective trusts at end of year2017-12-31$122,540,056
Value of interest in common/collective trusts at beginning of year2017-12-31$104,186,521
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$29,003
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$40,990
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$40,990
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,218,576
Net investment gain or loss from common/collective trusts2017-12-31$17,059,666
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$6,862,521
Employer contributions (assets) at end of year2017-12-31$805,448
Employer contributions (assets) at beginning of year2017-12-31$301,863
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$6,965,442
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$2,027,028
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$2,449,841
Contract administrator fees2017-12-31$76,820
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$79,078
Liabilities. Value of benefit claims payable at end of year2017-12-31$20,185
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$15,021
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$1,589,365
Aggregate carrying amount (costs) on sale of assets2017-12-31$1,668,222
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31BALDWIN & BALDWIN PLLC
Accountancy firm EIN2017-12-31464370753
2016 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$-458,627
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-235,898
Total unrealized appreciation/depreciation of assets2016-12-31$-694,525
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$15,021
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$17,824
Total income from all sources (including contributions)2016-12-31$15,479,704
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$8,836,328
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$8,265,599
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$6,121,946
Value of total assets at end of year2016-12-31$118,457,686
Value of total assets at beginning of year2016-12-31$111,817,113
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$570,729
Total interest from all sources2016-12-31$1,147
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$705,984
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$705,439
Assets. Real estate other than employer real property at end of year2016-12-31$1,946,083
Assets. Real estate other than employer real property at beginning of year2016-12-31$2,860,261
Administrative expenses professional fees incurred2016-12-31$88,767
Assets. Corporate prefeered stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$514,779
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$0
Participant contributions at end of year2016-12-31$74,526
Participant contributions at beginning of year2016-12-31$40,858
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$1,685
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$250,113
Assets. Loans (other than to participants) at end of year2016-12-31$0
Assets. Loans (other than to participants) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$271
Administrative expenses (other) incurred2016-12-31$139,234
Liabilities. Value of operating payables at end of year2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$835,804
Total non interest bearing cash at beginning of year2016-12-31$572,142
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$6,643,376
Value of net assets at end of year (total assets less liabilities)2016-12-31$118,442,665
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$111,799,289
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$0
Assets. partnership/joint venture interests at beginning of year2016-12-31$0
Investment advisory and management fees2016-12-31$266,959
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$8,541,295
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$8,343,649
Value of interest in common/collective trusts at end of year2016-12-31$104,186,521
Value of interest in common/collective trusts at beginning of year2016-12-31$96,950,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$40,990
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$24,439
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$24,439
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$1,147
Asset value of US Government securities at end of year2016-12-31$0
Asset value of US Government securities at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$257,449
Net investment gain/loss from pooled separate accounts2016-12-31$9,087,703
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$5,607,167
Employer contributions (assets) at end of year2016-12-31$301,863
Employer contributions (assets) at beginning of year2016-12-31$440,679
Income. Dividends from common stock2016-12-31$545
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$8,265,599
Asset. Corporate debt instrument preferred debt at end of year2016-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$2,449,841
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$2,287,439
Contract administrator fees2016-12-31$75,769
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$79,078
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$46,833
Liabilities. Value of benefit claims payable at end of year2016-12-31$15,021
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$17,553
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31BALDWIN & BALDWIN PLLC
Accountancy firm EIN2016-12-31464370753
2015 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets2015-12-31$39,009
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$50,575
Total unrealized appreciation/depreciation of assets2015-12-31$89,584
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$17,824
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$297,171
Total income from all sources (including contributions)2015-12-31$5,520,049
Total loss/gain on sale of assets2015-12-31$-254,522
Total of all expenses incurred2015-12-31$8,519,005
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$7,972,415
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$5,797,027
Value of total assets at end of year2015-12-31$111,817,113
Value of total assets at beginning of year2015-12-31$115,095,416
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$546,590
Total interest from all sources2015-12-31$1,034
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$372,315
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$363,668
Assets. Real estate other than employer real property at end of year2015-12-31$2,860,261
Assets. Real estate other than employer real property at beginning of year2015-12-31$3,036,832
Administrative expenses professional fees incurred2015-12-31$102,778
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$574,554
Participant contributions at end of year2015-12-31$40,858
Participant contributions at beginning of year2015-12-31$40,672
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$19,843,284
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$22,714
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$250,113
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$69,060
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$271
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$227,088
Administrative expenses (other) incurred2015-12-31$87,158
Total non interest bearing cash at end of year2015-12-31$572,142
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-2,998,956
Value of net assets at end of year (total assets less liabilities)2015-12-31$111,799,289
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$114,798,245
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$233,455
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$8,343,649
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$45,234,996
Value of interest in common/collective trusts at end of year2015-12-31$96,950,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$24,439
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$6,227,606
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$6,227,606
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$1,034
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-631,888
Net investment gain or loss from common/collective trusts2015-12-31$146,499
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$5,199,759
Employer contributions (assets) at end of year2015-12-31$440,679
Employer contributions (assets) at beginning of year2015-12-31$495,262
Income. Dividends from common stock2015-12-31$8,647
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$7,972,415
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$2,287,439
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$2,224,110
Contract administrator fees2015-12-31$123,199
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$46,833
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$37,923,594
Liabilities. Value of benefit claims payable at end of year2015-12-31$17,553
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$70,083
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$207,661,312
Aggregate carrying amount (costs) on sale of assets2015-12-31$207,915,834
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31BALDWIN & BALDWIN PLLC
Accountancy firm EIN2015-12-31464370753
2014 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$-455,999
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$1,414,816
Total unrealized appreciation/depreciation of assets2014-12-31$958,817
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$297,171
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$351,001
Total income from all sources (including contributions)2014-12-31$8,634,384
Total loss/gain on sale of assets2014-12-31$575,789
Total of all expenses incurred2014-12-31$9,274,775
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$8,589,139
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$5,495,367
Value of total assets at end of year2014-12-31$115,095,416
Value of total assets at beginning of year2014-12-31$115,789,637
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$685,636
Total interest from all sources2014-12-31$395,770
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,107,407
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$695,402
Assets. Real estate other than employer real property at end of year2014-12-31$3,036,832
Assets. Real estate other than employer real property at beginning of year2014-12-31$3,597,980
Administrative expenses professional fees incurred2014-12-31$130,143
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-12-31$1,009,431
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$459,329
Participant contributions at end of year2014-12-31$40,672
Participant contributions at beginning of year2014-12-31$40,717
Assets. Other investments not covered elsewhere at end of year2014-12-31$19,843,284
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$53,359,886
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$69,060
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$97,292
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$227,088
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$247,047
Administrative expenses (other) incurred2014-12-31$158,556
Liabilities. Value of operating payables at end of year2014-12-31$70,083
Liabilities. Value of operating payables at beginning of year2014-12-31$103,954
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-640,391
Value of net assets at end of year (total assets less liabilities)2014-12-31$114,798,245
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$115,438,636
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$282,985
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$45,234,996
Interest earned on other investments2014-12-31$299,694
Income. Interest from US Government securities2014-12-31$31,732
Income. Interest from corporate debt instruments2014-12-31$63,134
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$6,227,606
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$5,330,694
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$5,330,694
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$1,210
Asset value of US Government securities at beginning of year2014-12-31$3,928,239
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-898,766
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$5,036,038
Employer contributions (assets) at end of year2014-12-31$495,262
Employer contributions (assets) at beginning of year2014-12-31$439,277
Income. Dividends from preferred stock2014-12-31$24,181
Income. Dividends from common stock2014-12-31$1,387,824
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$8,589,139
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$2,224,110
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$6,769,174
Contract administrator fees2014-12-31$113,952
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$37,923,594
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$41,216,947
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$107,986,457
Aggregate carrying amount (costs) on sale of assets2014-12-31$107,410,668
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31BALDWIN & BALDWIN PLLC
Accountancy firm EIN2014-12-31464370753
2013 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets2013-12-31$-2,301
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$8,226,181
Total unrealized appreciation/depreciation of assets2013-12-31$8,223,880
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$351,001
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$435,243
Total income from all sources (including contributions)2013-12-31$21,341,877
Total loss/gain on sale of assets2013-12-31$6,031,462
Total of all expenses incurred2013-12-31$10,192,649
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$9,361,939
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$4,966,984
Value of total assets at end of year2013-12-31$115,789,637
Value of total assets at beginning of year2013-12-31$104,724,651
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$830,710
Total interest from all sources2013-12-31$310,389
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,809,162
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$873,604
Assets. Real estate other than employer real property at end of year2013-12-31$3,597,980
Assets. Real estate other than employer real property at beginning of year2013-12-31$3,505,990
Administrative expenses professional fees incurred2013-12-31$124,042
Assets. Corporate prefeered stocks other than exployer securities at end of year2013-12-31$1,009,431
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$3,042,055
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$425,701
Participant contributions at end of year2013-12-31$40,717
Participant contributions at beginning of year2013-12-31$34,554
Assets. Other investments not covered elsewhere at end of year2013-12-31$53,359,886
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$33,913,752
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$97,292
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$167,852
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$247,047
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$372,761
Administrative expenses (other) incurred2013-12-31$106,805
Liabilities. Value of operating payables at end of year2013-12-31$103,954
Liabilities. Value of operating payables at beginning of year2013-12-31$62,482
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$11,149,228
Value of net assets at end of year (total assets less liabilities)2013-12-31$115,438,636
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$104,289,408
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$429,268
Income. Interest from US Government securities2013-12-31$51,974
Income. Interest from corporate debt instruments2013-12-31$245,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$5,330,694
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$17,038,721
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$17,038,721
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$12,687
Asset value of US Government securities at end of year2013-12-31$3,928,239
Asset value of US Government securities at beginning of year2013-12-31$7,653,336
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$4,541,283
Employer contributions (assets) at end of year2013-12-31$439,277
Employer contributions (assets) at beginning of year2013-12-31$327,692
Income. Dividends from common stock2013-12-31$935,558
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$9,361,939
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$6,769,174
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$12,835,331
Contract administrator fees2013-12-31$170,595
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$41,216,947
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$26,204,588
Assets. Value of buildings and other operty used in plan operation at end of year2013-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2013-12-31$780
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$131,303,063
Aggregate carrying amount (costs) on sale of assets2013-12-31$125,271,601
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31FINDELL & COMPANY
Accountancy firm EIN2013-12-31853057326
2012 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets2012-12-31$-167,884
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$7,875,286
Total unrealized appreciation/depreciation of assets2012-12-31$7,707,402
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$435,243
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$543,147
Total income from all sources (including contributions)2012-12-31$17,315,303
Total loss/gain on sale of assets2012-12-31$1,540,570
Total of all expenses incurred2012-12-31$9,602,984
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$8,691,767
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$5,324,873
Value of total assets at end of year2012-12-31$104,724,651
Value of total assets at beginning of year2012-12-31$97,120,236
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$911,217
Total interest from all sources2012-12-31$547,499
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$1,181,426
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Assets. Real estate other than employer real property at end of year2012-12-31$3,505,990
Assets. Real estate other than employer real property at beginning of year2012-12-31$3,661,898
Administrative expenses professional fees incurred2012-12-31$148,307
Assets. Corporate prefeered stocks other than exployer securities at end of year2012-12-31$3,042,055
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$461,722
Participant contributions at end of year2012-12-31$34,554
Participant contributions at beginning of year2012-12-31$34,896
Assets. Other investments not covered elsewhere at end of year2012-12-31$33,913,752
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$30,445,110
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$167,852
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$263,825
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$372,761
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$483,448
Administrative expenses (other) incurred2012-12-31$80,040
Liabilities. Value of operating payables at end of year2012-12-31$62,482
Liabilities. Value of operating payables at beginning of year2012-12-31$59,699
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$7,712,319
Value of net assets at end of year (total assets less liabilities)2012-12-31$104,289,408
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$96,577,089
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$559,849
Value of interest in pooled separate accounts at beginning of year2012-12-31$14,056,425
Income. Interest from US Government securities2012-12-31$96,376
Income. Interest from corporate debt instruments2012-12-31$393,828
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$17,038,721
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$3,870,239
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$3,870,239
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$57,295
Asset value of US Government securities at end of year2012-12-31$7,653,336
Asset value of US Government securities at beginning of year2012-12-31$5,595,245
Net investment gain/loss from pooled separate accounts2012-12-31$1,013,533
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$4,863,151
Employer contributions (assets) at end of year2012-12-31$327,692
Employer contributions (assets) at beginning of year2012-12-31$371,004
Income. Dividends from common stock2012-12-31$1,181,426
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$8,691,767
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$12,835,331
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$17,225,378
Contract administrator fees2012-12-31$123,021
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$26,204,588
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$21,591,256
Assets. Value of buildings and other operty used in plan operation at end of year2012-12-31$780
Assets. Value of buildings and other operty used in plan operation at beginning of year2012-12-31$4,960
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
Aggregate proceeds on sale of assets2012-12-31$50,866,464
Aggregate carrying amount (costs) on sale of assets2012-12-31$49,325,894
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31FINDELL & COMPANY, PC
Accountancy firm EIN2012-12-31853057326
2011 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-12-31$-184,003
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-11,510,831
Total unrealized appreciation/depreciation of assets2011-12-31$-11,694,834
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$543,147
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$884,542
Total income from all sources (including contributions)2011-12-31$3,109,901
Total loss/gain on sale of assets2011-12-31$7,050,676
Total of all expenses incurred2011-12-31$9,882,135
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$9,173,168
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$5,817,070
Value of total assets at end of year2011-12-31$97,120,236
Value of total assets at beginning of year2011-12-31$104,233,865
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$708,967
Total interest from all sources2011-12-31$830,355
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$1,300,457
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Assets. Real estate other than employer real property at end of year2011-12-31$3,661,898
Assets. Real estate other than employer real property at beginning of year2011-12-31$3,971,826
Administrative expenses professional fees incurred2011-12-31$83,713
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$486,659
Participant contributions at end of year2011-12-31$34,896
Participant contributions at beginning of year2011-12-31$36,191
Assets. Other investments not covered elsewhere at end of year2011-12-31$30,445,110
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$148,364
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$263,825
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$215,807
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$483,448
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$789,017
Administrative expenses (other) incurred2011-12-31$97,336
Liabilities. Value of operating payables at end of year2011-12-31$59,699
Liabilities. Value of operating payables at beginning of year2011-12-31$95,525
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-6,772,234
Value of net assets at end of year (total assets less liabilities)2011-12-31$96,577,089
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$103,349,323
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$416,239
Value of interest in pooled separate accounts at end of year2011-12-31$14,056,425
Value of interest in pooled separate accounts at beginning of year2011-12-31$14,057,462
Income. Interest from US Government securities2011-12-31$180,893
Income. Interest from corporate debt instruments2011-12-31$638,020
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$3,870,239
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$2,875,294
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$2,875,294
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$11,442
Asset value of US Government securities at end of year2011-12-31$5,595,245
Asset value of US Government securities at beginning of year2011-12-31$8,563,246
Net investment gain/loss from pooled separate accounts2011-12-31$-193,823
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$5,330,411
Employer contributions (assets) at end of year2011-12-31$371,004
Employer contributions (assets) at beginning of year2011-12-31$465,001
Income. Dividends from common stock2011-12-31$1,300,457
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$9,173,168
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$17,225,378
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$14,233,335
Contract administrator fees2011-12-31$111,679
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$21,591,256
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$59,662,819
Assets. Value of buildings and other operty used in plan operation at end of year2011-12-31$4,960
Assets. Value of buildings and other operty used in plan operation at beginning of year2011-12-31$4,520
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
Aggregate proceeds on sale of assets2011-12-31$97,220,599
Aggregate carrying amount (costs) on sale of assets2011-12-31$90,169,923
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 name2011-12-31FINDELL & COMPANY, PC
Accountancy firm EIN2011-12-31853057326
2010 : NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$6,870,685
Total unrealized appreciation/depreciation of assets2010-12-31$6,870,685
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$884,542
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$906,825
Total income from all sources (including contributions)2010-12-31$15,404,171
Total loss/gain on sale of assets2010-12-31$716,136
Total of all expenses incurred2010-12-31$7,432,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$6,288,560
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$6,464,181
Value of total assets at end of year2010-12-31$104,233,865
Value of total assets at beginning of year2010-12-31$96,284,170
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,143,633
Total interest from all sources2010-12-31$577,378
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$775,791
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Assets. Real estate other than employer real property at end of year2010-12-31$3,971,826
Assets. Real estate other than employer real property at beginning of year2010-12-31$3,946,312
Administrative expenses professional fees incurred2010-12-31$109,159
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$572,536
Assets. Other investments not covered elsewhere at end of year2010-12-31$148,364
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$196,192
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$215,807
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$204,534
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$789,017
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$810,703
Administrative expenses (other) incurred2010-12-31$83,651
Liabilities. Value of operating payables at end of year2010-12-31$95,525
Liabilities. Value of operating payables at beginning of year2010-12-31$96,122
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$7,971,978
Value of net assets at end of year (total assets less liabilities)2010-12-31$103,349,323
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$95,377,345
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$839,665
Value of interest in pooled separate accounts at end of year2010-12-31$14,057,462
Value of interest in pooled separate accounts at beginning of year2010-12-31$11,127,691
Income. Interest from US Government securities2010-12-31$240,966
Income. Interest from corporate debt instruments2010-12-31$336,412
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$2,875,294
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$6,100,286
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$6,100,286
Asset value of US Government securities at end of year2010-12-31$8,563,246
Asset value of US Government securities at beginning of year2010-12-31$5,719,165
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$5,891,645
Employer contributions (assets) at end of year2010-12-31$501,192
Employer contributions (assets) at beginning of year2010-12-31$579,287
Income. Dividends from common stock2010-12-31$775,791
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$6,288,560
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$14,233,335
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$13,380,917
Contract administrator fees2010-12-31$111,158
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$59,662,819
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$55,023,266
Assets. Value of buildings and other operty used in plan operation at end of year2010-12-31$4,520
Assets. Value of buildings and other operty used in plan operation at beginning of year2010-12-31$6,520
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
Aggregate proceeds on sale of assets2010-12-31$83,033,355
Aggregate carrying amount (costs) on sale of assets2010-12-31$82,317,219
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 name2010-12-31FINDELL & COMPANY, PC
Accountancy firm EIN2010-12-31853057326

Form 5500 Responses for NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND

2022: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2022 form 5500 responses
2022-01-01Type of plan entityMulti-employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2021 form 5500 responses
2021-01-01Type of plan entityMulti-employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2020 form 5500 responses
2020-01-01Type of plan entityMulti-employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2019 form 5500 responses
2019-01-01Type of plan entityMulti-employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2018 form 5500 responses
2018-01-01Type of plan entityMulti-employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2017 form 5500 responses
2017-01-01Type of plan entityMulti-employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2016 form 5500 responses
2016-01-01Type of plan entityMulti-employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2015 form 5500 responses
2015-01-01Type of plan entityMulti-employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2014 form 5500 responses
2014-01-01Type of plan entityMulti-employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 2013 form 5500 responses
2013-01-01Type of plan entityMulti-employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – Section 412(e)(3) insurance ContractsYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 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 – Section 412(e)(3) insurance ContractsYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 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 – Section 412(e)(3) insurance ContractsYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: NEW MEXICO ELECTRICIANS RETIREMENT BENEFIT FUND 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 – Section 412(e)(3) insurance ContractsYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number4-46581
Policy instance 1
Insurance contract or identification number4-46581
Insurance policy start date2012-01-01
Insurance policy end date2012-06-30
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number4-46581
Policy instance 1
Insurance contract or identification number4-46581
Number of Individuals Covered2586
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number4-46581
Policy instance 1
Insurance contract or identification number4-46581
Number of Individuals Covered2639
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $43,757
Total amount of fees paid to insurance companyUSD $83
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $43,757
Amount paid for insurance broker fees83
Additional information about fees paid to insurance brokerREFERRAL/SERVICE FEE
Insurance broker organization code?3
Insurance broker nameFIRST FINANCIAL EQUITY CORP

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