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WACHOVIA SAVINGS PLAN PUERTO RICO 401k Plan overview

Plan NameWACHOVIA SAVINGS PLAN PUERTO RICO
Plan identification number 003

WACHOVIA SAVINGS PLAN PUERTO RICO 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.

401k Sponsoring company profile

WACHOVIA CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:WACHOVIA CORPORATION
Employer identification number (EIN):560898180
NAIC Classification:523110
NAIC Description:Investment Banking and Securities Dealing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WACHOVIA SAVINGS PLAN PUERTO RICO

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032009-01-01HOPE A. HARDISON REBECCA L. JOHNSON2010-09-28

Plan Statistics for WACHOVIA SAVINGS PLAN PUERTO RICO

401k plan membership statisitcs for WACHOVIA SAVINGS PLAN PUERTO RICO

Measure Date Value
2009: WACHOVIA SAVINGS PLAN PUERTO RICO 2009 401k membership
Total participants, beginning-of-year2009-01-0121
Total number of active participants reported on line 7a of the Form 55002009-01-0121
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0126
Number of participants with account balances2009-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on WACHOVIA SAVINGS PLAN PUERTO RICO

Measure Date Value
2010 : WACHOVIA SAVINGS PLAN PUERTO RICO 2010 401k financial data
Total income from all sources2010-12-31$306,919
Expenses. Total of all expenses incurred2010-12-31$135,386
Benefits paid (including direct rollovers)2010-12-31$134,797
Total plan assets at end of year2010-12-31$974,256
Total plan assets at beginning of year2010-12-31$802,723
Value of fidelity bond covering the plan2010-12-31$150,000,000
Total contributions received or receivable from participants2010-12-31$95,729
Expenses. Other expenses not covered elsewhere2010-12-31$589
Contributions received from other sources (not participants or employers)2010-12-31$24,617
Other income received2010-12-31$112,119
Net income (gross income less expenses)2010-12-31$171,533
Net plan assets at end of year (total assets less liabilities)2010-12-31$974,256
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$802,723
Assets. Value of participant loans2010-12-31$68,785
Total contributions received or receivable from employer(s)2010-12-31$74,454
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : WACHOVIA SAVINGS PLAN PUERTO RICO 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 WACHOVIA SAVINGS PLAN PUERTO RICO

2009: WACHOVIA SAVINGS PLAN PUERTO RICO 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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