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EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC.
Plan identification number 003

EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 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

ALBUQUERQUE CONVENTION AND VISITOR' S BUREAU, INC. has sponsored the creation of one or more 401k plans.

Company Name:ALBUQUERQUE CONVENTION AND VISITOR' S BUREAU, INC.
Employer identification number (EIN):850285280
NAIC Classification:721199
NAIC Description:All Other Traveler Accommodation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-07-01
0032021-07-01
0032020-07-01
0032019-07-01
0032018-07-01VALERIE LIIND2019-10-23 VALERIE LIIND2019-10-23
0032017-07-01VALERIE LIND2018-12-10
0032016-07-01VALERIE LIND2017-12-08 VALERIE LIND2017-12-08
0032015-07-01VALERIE LIND2016-12-15 VALERIE LIND2016-12-15
0032014-07-01VALERIE LIND2015-12-16 VALERIE LIND2015-12-16
0032013-07-01VALERIE LIND2015-01-26 VALERIE LIND2015-01-26
0032012-07-01VALERIE LIND2014-01-15 VALERIE LIND2014-01-15
0032011-07-01VALERIE LIND2012-12-05 VALERIE LIND2012-12-05
0032010-07-01JONI THOMPSON2011-12-05 JONI THOMPSON2011-12-05

Plan Statistics for EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC.

Measure Date Value
2022: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2022 401k membership
Total participants, beginning-of-year2022-07-0144
Total number of active participants reported on line 7a of the Form 55002022-07-0126
Number of retired or separated participants receiving benefits2022-07-010
Number of other retired or separated participants entitled to future benefits2022-07-0122
Total of all active and inactive participants2022-07-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-07-010
Total participants2022-07-0148
Number of participants with account balances2022-07-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-07-011
2021: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2021 401k membership
Total participants, beginning-of-year2021-07-0141
Total number of active participants reported on line 7a of the Form 55002021-07-0124
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-0120
Total of all active and inactive participants2021-07-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-07-010
Total participants2021-07-0144
Number of participants with account balances2021-07-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-07-011
2020: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2020 401k membership
Total participants, beginning-of-year2020-07-0144
Total number of active participants reported on line 7a of the Form 55002020-07-0121
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-0120
Total of all active and inactive participants2020-07-0141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-010
Total participants2020-07-0141
Number of participants with account balances2020-07-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-07-010
2019: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2019 401k membership
Total participants, beginning-of-year2019-07-0170
Total number of active participants reported on line 7a of the Form 55002019-07-0126
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-0118
Total of all active and inactive participants2019-07-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-0144
Number of participants with account balances2019-07-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-07-010

Financial Data on EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC.

Measure Date Value
2023 : EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2023 401k financial data
Transfers to/from the plan2023-06-30$0
Total plan liabilities at end of year2023-06-30$0
Total plan liabilities at beginning of year2023-06-30$0
Total income from all sources2023-06-30$642,567
Expenses. Total of all expenses incurred2023-06-30$42,701
Benefits paid (including direct rollovers)2023-06-30$35,786
Total plan assets at end of year2023-06-30$4,183,223
Total plan assets at beginning of year2023-06-30$3,583,357
Value of fidelity bond covering the plan2023-06-30$1,000,000
Assets. Value of tangible personal property2023-06-30$0
Total contributions received or receivable from participants2023-06-30$130,746
Assets. Value of loans (other than to participants)2023-06-30$0
Expenses. Other expenses not covered elsewhere2023-06-30$0
Contributions received from other sources (not participants or employers)2023-06-30$7,437
Other income received2023-06-30$424,624
Noncash contributions received2023-06-30$0
Net income (gross income less expenses)2023-06-30$599,866
Net plan assets at end of year (total assets less liabilities)2023-06-30$4,183,223
Net plan assets at beginning of year (total assets less liabilities)2023-06-30$3,583,357
Assets. Value of participant loans2023-06-30$34,121
Assets. Value of assets in partnership/joint-venture interests2023-06-30$0
Assets. Value of real-estate (other than employer real property)2023-06-30$0
Assets. Value of employer securities2023-06-30$0
Assets. Value of employer real property2023-06-30$0
Total contributions received or receivable from employer(s)2023-06-30$79,760
Value of certain deemed distributions of participant loans2023-06-30$0
Value of corrective distributions2023-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-06-30$6,915
2022 : EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2022 401k financial data
Transfers to/from the plan2022-06-30$0
Total plan liabilities at end of year2022-06-30$0
Total plan liabilities at beginning of year2022-06-30$0
Total income from all sources2022-06-30$-483,796
Expenses. Total of all expenses incurred2022-06-30$299,639
Benefits paid (including direct rollovers)2022-06-30$285,086
Total plan assets at end of year2022-06-30$3,583,357
Total plan assets at beginning of year2022-06-30$4,366,792
Value of fidelity bond covering the plan2022-06-30$1,000,000
Assets. Value of tangible personal property2022-06-30$0
Total contributions received or receivable from participants2022-06-30$102,742
Assets. Value of loans (other than to participants)2022-06-30$0
Expenses. Other expenses not covered elsewhere2022-06-30$0
Contributions received from other sources (not participants or employers)2022-06-30$0
Other income received2022-06-30$-628,282
Noncash contributions received2022-06-30$0
Net income (gross income less expenses)2022-06-30$-783,435
Net plan assets at end of year (total assets less liabilities)2022-06-30$3,583,357
Net plan assets at beginning of year (total assets less liabilities)2022-06-30$4,366,792
Assets. Value of participant loans2022-06-30$33,451
Assets. Value of assets in partnership/joint-venture interests2022-06-30$0
Assets. Value of real-estate (other than employer real property)2022-06-30$0
Assets. Value of employer securities2022-06-30$0
Assets. Value of employer real property2022-06-30$0
Total contributions received or receivable from employer(s)2022-06-30$41,744
Value of certain deemed distributions of participant loans2022-06-30$0
Value of corrective distributions2022-06-30$6,601
Expenses. Administrative service providers (salaries,fees and commissions)2022-06-30$7,952
2021 : EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2021 401k financial data
Transfers to/from the plan2021-06-30$0
Total plan liabilities at end of year2021-06-30$0
Total plan liabilities at beginning of year2021-06-30$0
Total income from all sources2021-06-30$1,112,239
Expenses. Total of all expenses incurred2021-06-30$398,492
Benefits paid (including direct rollovers)2021-06-30$388,470
Total plan assets at end of year2021-06-30$4,366,792
Total plan assets at beginning of year2021-06-30$3,653,045
Value of fidelity bond covering the plan2021-06-30$1,000,000
Total contributions received or receivable from participants2021-06-30$88,482
Expenses. Other expenses not covered elsewhere2021-06-30$0
Contributions received from other sources (not participants or employers)2021-06-30$0
Other income received2021-06-30$994,670
Noncash contributions received2021-06-30$0
Net income (gross income less expenses)2021-06-30$713,747
Net plan assets at end of year (total assets less liabilities)2021-06-30$4,366,792
Net plan assets at beginning of year (total assets less liabilities)2021-06-30$3,653,045
Assets. Value of participant loans2021-06-30$45,378
Total contributions received or receivable from employer(s)2021-06-30$29,087
Value of certain deemed distributions of participant loans2021-06-30$0
Value of corrective distributions2021-06-30$2,488
Expenses. Administrative service providers (salaries,fees and commissions)2021-06-30$7,534
2020 : EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2020 401k financial data
Transfers to/from the plan2020-06-30$0
Total plan liabilities at end of year2020-06-30$0
Total plan liabilities at beginning of year2020-06-30$0
Total income from all sources2020-06-30$238,947
Expenses. Total of all expenses incurred2020-06-30$1,281,616
Benefits paid (including direct rollovers)2020-06-30$1,275,195
Total plan assets at end of year2020-06-30$3,653,045
Total plan assets at beginning of year2020-06-30$4,695,714
Value of fidelity bond covering the plan2020-06-30$1,000,000
Assets. Value of tangible personal property2020-06-30$0
Total contributions received or receivable from participants2020-06-30$110,332
Assets. Value of loans (other than to participants)2020-06-30$0
Expenses. Other expenses not covered elsewhere2020-06-30$0
Contributions received from other sources (not participants or employers)2020-06-30$0
Other income received2020-06-30$38,510
Noncash contributions received2020-06-30$0
Net income (gross income less expenses)2020-06-30$-1,042,669
Net plan assets at end of year (total assets less liabilities)2020-06-30$3,653,045
Net plan assets at beginning of year (total assets less liabilities)2020-06-30$4,695,714
Assets. Value of participant loans2020-06-30$34,545
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2020-06-30$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2020-06-30$0
Assets. Value of assets in partnership/joint-venture interests2020-06-30$0
Assets. Value of real-estate (other than employer real property)2020-06-30$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022020-06-30$0
Assets. Value of employer securities2020-06-30$0
Assets. Value of employer real property2020-06-30$0
Total contributions received or receivable from employer(s)2020-06-30$90,105
Value of certain deemed distributions of participant loans2020-06-30$0
Value of corrective distributions2020-06-30$1,987
Expenses. Administrative service providers (salaries,fees and commissions)2020-06-30$4,434

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC.

2022: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01This submission is the final filingNo
2022-07-01Plan is a collectively bargained planNo
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement - TrustYes
2021: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01This submission is the final filingNo
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement - TrustYes
2020: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingNo
2020-07-01This return/report is a short plan year return/report (less than 12 months)No
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes
2019: EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR'S BUREAU, INC. 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes

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