401k Plan data: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN plan

SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 401k Plan overview

Plan Name	SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN
Plan identification number	005

SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN Benefits

401k Plan Type

Defined 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SCIENTIFIC AMERICAN, INC. has sponsored the creation of one or more 401k plans.

Company Name: SCIENTIFIC AMERICAN, INC.

Employer identification number (EIN): 131076020

NAIC Classification: 511120
NAIC Description: Periodical Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2012-01-01 DEBORAH PARKER
005 2011-01-01 DEBORAH PARKER
005 2010-01-01 DEBORAH PARKER
005 2009-01-01 DEBORAH PARKER
005 2009-01-01

Plan Statistics for SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN

401k plan membership statisitcs for SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN

Measure Date Value
2012: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 121
Total of all active and inactive participants 2011-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 121
Number of participants with account balances 2011-01-01 121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 136
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 0
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 128
Total of all active and inactive participants 2010-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 128
Number of participants with account balances 2010-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 56
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 80
Total of all active and inactive participants 2009-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 136
Number of participants with account balances 2009-01-01 136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	121
Total of all active and inactive participants	2011-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	121
Number of participants with account balances	2011-01-01	121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	136
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	0
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	128
Total of all active and inactive participants	2010-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	128
Number of participants with account balances	2010-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	56
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	80
Total of all active and inactive participants	2009-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	136
Number of participants with account balances	2009-01-01	136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN

Measure	Date	Value
2012 : SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-04	$0
Total transfer of assets from this plan	2012-12-04	$14,539,202
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-04	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-04	$0
Total income from all sources (including contributions)	2012-12-04	$1,989,385
Total loss/gain on sale of assets	2012-12-04	$0
Total of all expenses incurred	2012-12-04	$3,258,322
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-04	$3,258,322
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-04	$0
Value of total assets at end of year	2012-12-04	$0
Value of total assets at beginning of year	2012-12-04	$15,808,139
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-04	$0
Total interest from all sources	2012-12-04	$3,302
Total dividends received (eg from common stock, registered investment company shares)	2012-12-04	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-04	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-12-04	$0
Was this plan covered by a fidelity bond	2012-12-04	Yes
Value of fidelity bond cover	2012-12-04	$500,000
If this is an individual account plan, was there a blackout period	2012-12-04	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-04	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-04	No
Participant contributions at beginning of year	2012-12-04	$84,845
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-04	No
Value of net income/loss	2012-12-04	$-1,268,937
Value of net assets at end of year (total assets less liabilities)	2012-12-04	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-12-04	$15,808,139
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-04	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-04	No
Were any leases to which the plan was party in default or uncollectible	2012-12-04	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-04	$14,157,561
Interest on participant loans	2012-12-04	$3,302
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-04	$1,565,733
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-04	$1,565,733
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-04	$1,986,083
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-04	No
Was there a failure to transmit to the plan any participant contributions	2012-12-04	No
Has the plan failed to provide any benefit when due under the plan	2012-12-04	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-04	$3,258,322
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	2012-12-04	Yes
Did the plan have assets held for investment	2012-12-04	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	2012-12-04	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-04	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-04	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-04	Disclaimer
Accountancy firm name	2012-12-04	ROSENBERG, RICH, BAKER, BERMAN & CO
Accountancy firm EIN	2012-12-04	223271252
2011 : SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$-682,134
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$1,369,614
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,369,453
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$15,808,139
Value of total assets at beginning of year	2011-12-31	$17,859,887
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$161
Total interest from all sources	2011-12-31	$6,444
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
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	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Participant contributions at end of year	2011-12-31	$84,845
Participant contributions at beginning of year	2011-12-31	$143,700
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
Value of net income/loss	2011-12-31	$-2,051,748
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$15,808,139
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$17,859,887
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
Investment advisory and management fees	2011-12-31	$161
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$14,157,561
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$16,000,376
Interest on participant loans	2011-12-31	$6,444
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$1,565,733
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$1,715,811
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$1,715,811
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-688,578
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,369,453
Did the plan have assets held for investment	2011-12-31	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	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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	ROSENBERG, RICH, BAKER, BERMAN & CO
Accountancy firm EIN	2011-12-31	223271252
2010 : SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,761,720
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$1,627,091
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,626,925
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$17,859,887
Value of total assets at beginning of year	2010-12-31	$17,725,258
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$166
Total interest from all sources	2010-12-31	$9,784
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Participant contributions at end of year	2010-12-31	$143,700
Participant contributions at beginning of year	2010-12-31	$160,385
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	$134,629
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$17,859,887
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$17,725,258
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
Investment advisory and management fees	2010-12-31	$166
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$16,000,376
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$15,165,714
Interest on participant loans	2010-12-31	$9,784
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$1,715,811
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$2,399,159
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$2,399,159
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,751,936
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,626,925
Did the plan have assets held for investment	2010-12-31	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	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	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	ROSENBERG, RICH, BAKER, BERMAN & CO
Accountancy firm EIN	2010-12-31	223271252
2009 : SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN

2012: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SCIENTIFIC AMERICAN, INC. EMPLOYEE RETIREMENT BENEFIT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SCIENTIFIC AMERICAN, INC.
Employer identification number (EIN):	131076020
NAIC Classification:	511120
NAIC Description:	Periodical Publishers

Plan id#	Filing Submission Date	Name of Administrator
005	2012-01-01	DEBORAH PARKER
005	2011-01-01	DEBORAH PARKER
005	2010-01-01	DEBORAH PARKER
005	2009-01-01	DEBORAH PARKER
005	2009-01-01