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EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY 401k Plan overview

Plan NameEMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY
Plan identification number 001

EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

SILICON VALLEY CREATES has sponsored the creation of one or more 401k plans.

Company Name:SILICON VALLEY CREATES
Employer identification number (EIN):942825213
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about SILICON VALLEY CREATES

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1106077

More information about SILICON VALLEY CREATES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01AMY MAHONEY2012-10-09
0012009-01-01MONICA TOUMANI

Plan Statistics for EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY

401k plan membership statisitcs for EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY

Measure Date Value
2009: EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY 2009 401k membership
Total participants, beginning-of-year2009-01-0122
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-019
Total of all active and inactive participants2009-01-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0123
Number of participants with account balances2009-01-0123

Financial Data on EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY

Measure Date Value
2010 : EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY 2010 401k financial data
Total income from all sources2010-12-31$15,041
Expenses. Total of all expenses incurred2010-12-31$38,625
Benefits paid (including direct rollovers)2010-12-31$31,899
Total plan assets at end of year2010-12-31$334,660
Total plan assets at beginning of year2010-12-31$358,244
Expenses. Other expenses not covered elsewhere2010-12-31$6,726
Other income received2010-12-31$15,041
Net income (gross income less expenses)2010-12-31$-23,584
Net plan assets at end of year (total assets less liabilities)2010-12-31$334,660
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$358,244
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0

Form 5500 Responses for EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY

2009: EMPLOYEE BENEFITS PLAN ARTS COUNCIL SILICON VALLEY 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number05386-D
Policy instance 1
Insurance contract or identification number05386-D
Number of Individuals Covered21
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of fees paid to insurance companyUSD $112
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees24
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameMICHAEL PEARCE

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