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FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 401k Plan overview

Plan NameFLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING
Plan identification number 002

FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.

401k Sponsoring company profile

BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING, INC. has sponsored the creation of one or more 401k plans.

Company Name:BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING, INC.
Employer identification number (EIN):136161195
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-01-01GINELLE BAUGH2014-11-19 GINELLE BAUGH2014-11-19
0022011-01-01GINELLE BAUGH GINELLE BAUGH2012-10-15
0022010-01-01PETER TICHANSKY

Plan Statistics for FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING

401k plan membership statisitcs for FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING

Measure Date Value
2011: FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 2011 401k membership
Total participants, beginning-of-year2011-01-0115
Total number of active participants reported on line 7a of the Form 55002011-01-0111
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0115
Total participants2011-01-0115
Number of participants with account balances2011-01-0115
Number of employers contributing to the scheme2011-01-0115
2010: FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 2010 401k membership
Total participants, beginning-of-year2010-01-0114
Total number of active participants reported on line 7a of the Form 55002010-01-0111
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0115
Number of participants with account balances2010-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING

Measure Date Value
2011 : FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 2011 401k financial data
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$99,213
Expenses. Total of all expenses incurred2011-12-31$15,489
Total plan assets at end of year2011-12-31$1,133,330
Total plan assets at beginning of year2011-12-31$1,049,606
Value of fidelity bond covering the plan2011-12-31$100,000
Expenses. Other expenses not covered elsewhere2011-12-31$15,288
Contributions received from other sources (not participants or employers)2011-12-31$15,288
Other income received2011-12-31$-21,984
Net income (gross income less expenses)2011-12-31$83,724
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,133,330
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,049,606
Total contributions received or receivable from employer(s)2011-12-31$105,909
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$201
2010 : FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$205,918
Expenses. Total of all expenses incurred2010-12-31$152
Total plan assets at end of year2010-12-31$1,049,606
Total plan assets at beginning of year2010-12-31$843,840
Expenses. Other expenses not covered elsewhere2010-12-31$152
Other income received2010-12-31$97,675
Net income (gross income less expenses)2010-12-31$205,766
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,049,606
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$843,840
Total contributions received or receivable from employer(s)2010-12-31$108,243

Form 5500 Responses for FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING

2011: FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: FLEXIBLE ANNUITY DC PLAN OF BUSINESS COUNCIL FOR INTERNATIONALUNDERSTANDING 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan 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 number052061-E
Policy instance 1
Insurance contract or identification number052061-E
Number of Individuals Covered15
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of fees paid to insurance companyUSD $305
Contracts With Unallocated Funds Deposit Administration1
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number052061-E
Policy instance 1
Insurance contract or identification number052061-E
Number of Individuals Covered15
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of fees paid to insurance companyUSD $182
Contracts With Unallocated Funds Deposit Administration1
Amount paid for insurance broker fees62
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameSANDY J. ENLOW

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