I.A.T.S.E. LOCAL 16 WELFARE TRUST FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan I.A.T.S.E. LOCAL 16 WELFARE TRUST FUND
| Measure | Date | Value |
|---|
| 2017 : I.A.T.S.E. LOCAL 16 WELFARE TRUST FUND 2017 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $2,330,344 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $1,818,736 |
| Total income from all sources (including contributions) | 2017-12-31 | $17,255,726 |
| Total of all expenses incurred | 2017-12-31 | $18,089,744 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $17,250,492 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $13,909,127 |
| Value of total assets at end of year | 2017-12-31 | $12,292,073 |
| Value of total assets at beginning of year | 2017-12-31 | $12,614,483 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $839,252 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $233,158 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $233,158 |
| Administrative expenses professional fees incurred | 2017-12-31 | $131,063 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $716,192 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $706,620 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $1,009,152 |
| Other income not declared elsewhere | 2017-12-31 | $2,892,289 |
| Administrative expenses (other) incurred | 2017-12-31 | $447,732 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $18,344 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $41,336 |
| Total non interest bearing cash at end of year | 2017-12-31 | $3,329,628 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $3,930,822 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $-834,018 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $9,961,729 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $10,795,747 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $12,499 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $6,182,173 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $5,965,397 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $888,560 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $730,473 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $1,751,512 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $62,066 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $159,086 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $13,192,935 |
| Employer contributions (assets) at end of year | 2017-12-31 | $1,185,092 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $978,639 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $15,498,980 |
| Contract administrator fees | 2017-12-31 | $247,958 |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $2,312,000 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $1,777,400 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | LINDQUIST LLP |
| Accountancy firm EIN | 2017-12-31 | 522385396 |
