?>
Logo

THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameTHE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN
Plan identification number 001

THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

AGA INC. has sponsored the creation of one or more 401k plans.

Company Name:AGA INC.
Employer identification number (EIN):521260309
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01 MICHAEL KUNC2010-09-30
0012009-01-01MICHAEL KUNC
0012009-01-01MICHAEL KUNC
0012009-01-01MICHAEL KUNC
0012009-01-01MICHAEL KUNC

Plan Statistics for THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

Measure Date Value
2009: THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01803
Total number of active participants reported on line 7a of the Form 55002009-01-01788
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0156
Total of all active and inactive participants2009-01-01844
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01844
Number of participants with account balances2009-01-01505
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

Measure Date Value
2010 : THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-07-21$0
Total transfer of assets from this plan2010-07-21$13,481,402
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-07-21$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-07-21$1,544
Total income from all sources (including contributions)2010-07-21$1,615,471
Total loss/gain on sale of assets2010-07-21$0
Total of all expenses incurred2010-07-21$732,718
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-07-21$711,721
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-07-21$1,639,459
Value of total assets at end of year2010-07-21$0
Value of total assets at beginning of year2010-07-21$12,600,193
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-07-21$20,997
Total interest from all sources2010-07-21$10,246
Total dividends received (eg from common stock, registered investment company shares)2010-07-21$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-07-21Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2010-07-21$13,481,402
Was this plan covered by a fidelity bond2010-07-21Yes
Value of fidelity bond cover2010-07-21$2,000,000
If this is an individual account plan, was there a blackout period2010-07-21Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-07-21$0
Were there any nonexempt tranactions with any party-in-interest2010-07-21No
Contributions received from participants2010-07-21$1,078,130
Participant contributions at end of year2010-07-21$0
Participant contributions at beginning of year2010-07-21$404,361
Participant contributions at beginning of year2010-07-21$242
Income. Received or receivable in cash from other sources (including rollovers)2010-07-21$185,923
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-07-21$1,544
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-07-21No
Value of net income/loss2010-07-21$882,753
Value of net assets at end of year (total assets less liabilities)2010-07-21$0
Value of net assets at beginning of year (total assets less liabilities)2010-07-21$12,598,649
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-07-21No
Were any loans by the plan or fixed income obligations due to the plan in default2010-07-21No
Were any leases to which the plan was party in default or uncollectible2010-07-21No
Value of interest in pooled separate accounts at end of year2010-07-21$0
Value of interest in pooled separate accounts at beginning of year2010-07-21$10,303,737
Interest on participant loans2010-07-21$10,246
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-07-21$636,984
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-07-21$636,984
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-07-21$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-07-21$1,254,760
Net investment gain/loss from pooled separate accounts2010-07-21$-34,234
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-07-21No
Was there a failure to transmit to the plan any participant contributions2010-07-21No
Has the plan failed to provide any benefit when due under the plan2010-07-21No
Contributions received in cash from employer2010-07-21$375,406
Employer contributions (assets) at beginning of year2010-07-21$109
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-07-21$711,721
Contract administrator fees2010-07-21$20,997
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-07-21Yes
Did the plan have assets held for investment2010-07-21No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-07-21No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-07-21Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-07-21Yes
Opinion of an independent qualified public accountant for this plan2010-07-21Disclaimer
Accountancy firm name2010-07-21KEITER,STEPHENS,HURST,GARY&SHREAVES
Accountancy firm EIN2010-07-21541631262
2009 : THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN

2009: THE WORLD ACCESS AND SUBSIDIARIES RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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

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

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

See full terms and conditions

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