LOCAL 358 HEALTH AND WELFARE FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LOCAL 358 HEALTH AND WELFARE FUND
| Measure | Date | Value |
|---|
| 2011 : LOCAL 358 HEALTH AND WELFARE FUND 2011 401k financial data |
|---|
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
| Did the plan have assets held for investment | 2011-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| 2010 : LOCAL 358 HEALTH AND WELFARE FUND 2010 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $255,854 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $86,753 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,684,022 |
| Total of all expenses incurred | 2010-12-31 | $1,734,735 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,641,235 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,682,196 |
| Value of total assets at end of year | 2010-12-31 | $217,659 |
| Value of total assets at beginning of year | 2010-12-31 | $99,271 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $93,500 |
| Total interest from all sources | 2010-12-31 | $360 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $35,750 |
| Was this plan covered by a fidelity bond | 2010-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2010-12-31 | $254,374 |
| Contributions received from participants | 2010-12-31 | $503,569 |
| Participant contributions at end of year | 2010-12-31 | $41,462 |
| Participant contributions at beginning of year | 2010-12-31 | $27,156 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $360 |
| Assets. Loans (other than to participants) at end of year | 2010-12-31 | $6,000 |
| Assets. Loans (other than to participants) at beginning of year | 2010-12-31 | $6,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $4,565 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $7,544 |
| Other income not declared elsewhere | 2010-12-31 | $1,466 |
| Administrative expenses (other) incurred | 2010-12-31 | $29,614 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $38,346 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $52 |
| Total non interest bearing cash at end of year | 2010-12-31 | $22,528 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $1,792 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $-50,713 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $-38,195 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $12,518 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $360 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $1,597,487 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $1,178,627 |
| Employer contributions (assets) at end of year | 2010-12-31 | $145,729 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $64,323 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $43,748 |
| Contract administrator fees | 2010-12-31 | $28,136 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $212,943 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $79,157 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2010-12-31 | $1,580 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2010-12-31 | $0 |
| Did the plan have assets held for investment | 2010-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | BUCHBINDER TUNICK & CO, LLP |
| Accountancy firm EIN | 2010-12-31 | 131578842 |
