SPRINGFIELD AREA TRANSIT COMPANY, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TRANSIT EMPLOYEES RETIREMENT PLAN
Measure | Date | Value |
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2011 : TRANSIT EMPLOYEES RETIREMENT PLAN 2011 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2011-06-30 | $1,711,206 |
Total unrealized appreciation/depreciation of assets | 2011-06-30 | $1,711,206 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-06-30 | $165,785 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-06-30 | $42,236 |
Total income from all sources (including contributions) | 2011-06-30 | $3,491,001 |
Total loss/gain on sale of assets | 2011-06-30 | $281,762 |
Total of all expenses incurred | 2011-06-30 | $1,166,674 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-06-30 | $980,464 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-06-30 | $1,124,904 |
Value of total assets at end of year | 2011-06-30 | $14,881,661 |
Value of total assets at beginning of year | 2011-06-30 | $12,433,785 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-06-30 | $186,210 |
Total interest from all sources | 2011-06-30 | $232,514 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-06-30 | $140,615 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-06-30 | No |
Administrative expenses professional fees incurred | 2011-06-30 | $103,307 |
Was this plan covered by a fidelity bond | 2011-06-30 | Yes |
Value of fidelity bond cover | 2011-06-30 | $500,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-06-30 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-06-30 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-06-30 | $141,117 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-06-30 | $53,323 |
Liabilities. Value of operating payables at end of year | 2011-06-30 | $165,785 |
Liabilities. Value of operating payables at beginning of year | 2011-06-30 | $42,236 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-06-30 | No |
Value of net income/loss | 2011-06-30 | $2,324,327 |
Value of net assets at end of year (total assets less liabilities) | 2011-06-30 | $14,715,876 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-06-30 | $12,391,549 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-06-30 | No |
Investment advisory and management fees | 2011-06-30 | $82,903 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-06-30 | $942,755 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-06-30 | $674,556 |
Interest earned on other investments | 2011-06-30 | $23,897 |
Income. Interest from US Government securities | 2011-06-30 | $141,573 |
Income. Interest from corporate debt instruments | 2011-06-30 | $67,022 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-06-30 | $340,916 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-06-30 | $214,596 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-06-30 | $214,596 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-06-30 | $22 |
Asset value of US Government securities at end of year | 2011-06-30 | $3,865,112 |
Asset value of US Government securities at beginning of year | 2011-06-30 | $3,567,213 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-06-30 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-06-30 | No |
Contributions received in cash from employer | 2011-06-30 | $1,124,904 |
Employer contributions (assets) at end of year | 2011-06-30 | $158,904 |
Employer contributions (assets) at beginning of year | 2011-06-30 | $37,181 |
Income. Dividends from common stock | 2011-06-30 | $140,615 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-06-30 | $980,464 |
Asset. Corporate debt instrument debt (other) at end of year | 2011-06-30 | $1,964,187 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2011-06-30 | $1,725,393 |
Assets. Corporate common stocks other than exployer securities at end of year | 2011-06-30 | $7,468,670 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-06-30 | $6,161,523 |
Did the plan have assets held for investment | 2011-06-30 | 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 | 2011-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-06-30 | No |
Aggregate proceeds on sale of assets | 2011-06-30 | $5,987,465 |
Aggregate carrying amount (costs) on sale of assets | 2011-06-30 | $5,705,703 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-06-30 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-06-30 | Disclaimer |
Accountancy firm name | 2011-06-30 | MEYERS BROTHERS KALICKA, P.C. |
Accountancy firm EIN | 2011-06-30 | 042713795 |
2010 : TRANSIT EMPLOYEES RETIREMENT PLAN 2010 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-06-30 | $0 |