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NEW ENGLAND IRON UNION 401(K) PLAN 401k Plan overview

Plan NameNEW ENGLAND IRON UNION 401(K) PLAN
Plan identification number 001

NEW ENGLAND IRON UNION 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LARRY B. LAAKSO has sponsored the creation of one or more 401k plans.

Company Name:LARRY B. LAAKSO
Employer identification number (EIN):522356512
NAIC Classification:331500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW ENGLAND IRON UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01LARRY LAAKSO
0012010-01-01LARRY B. LAAKSO LARRY B. LAAKSO2011-08-09
0012009-01-01LARRY B. LAAKSO LARRY B. LAAKSO2011-08-09

Plan Statistics for NEW ENGLAND IRON UNION 401(K) PLAN

401k plan membership statisitcs for NEW ENGLAND IRON UNION 401(K) PLAN

Measure Date Value
2011: NEW ENGLAND IRON UNION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012
Total of all active and inactive participants2011-01-010
Total participants2011-01-010
2010: NEW ENGLAND IRON UNION 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-012
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-012
Total participants2010-01-012
2009: NEW ENGLAND IRON UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-012
Total participants2009-01-012

Financial Data on NEW ENGLAND IRON UNION 401(K) PLAN

Measure Date Value
2011 : NEW ENGLAND IRON UNION 401(K) PLAN 2011 401k financial data
Total plan liabilities at beginning of year2011-12-31$0
Expenses. Total of all expenses incurred2011-12-31$575
Benefits paid (including direct rollovers)2011-12-31$575
Total plan assets at beginning of year2011-12-31$575
Net income (gross income less expenses)2011-12-31$-575
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$575
2010 : NEW ENGLAND IRON UNION 401(K) PLAN 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total plan assets at end of year2010-12-31$575
Total plan assets at beginning of year2010-12-31$575
Net plan assets at end of year (total assets less liabilities)2010-12-31$575
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$575

Form 5500 Responses for NEW ENGLAND IRON UNION 401(K) PLAN

2011: NEW ENGLAND IRON UNION 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01This submission is the final filingYes
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: NEW ENGLAND IRON UNION 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NEW ENGLAND IRON UNION 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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