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RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC. 401k Plan overview

Plan NameRETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC.
Plan identification number 002

RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

401k Sponsoring company profile

MAINETODAY MEDIA, INC. has sponsored the creation of one or more 401k plans.

Company Name:MAINETODAY MEDIA, INC.
Employer identification number (EIN):264639892
NAIC Classification:511110
NAIC Description:Newspaper Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022009-01-01KAREN DOBBYN ROBERT J WALLACE2010-10-15

Plan Statistics for RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC.

401k plan membership statisitcs for RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC.

Measure Date Value
2009: RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-01179
Total number of active participants reported on line 7a of the Form 55002009-01-0183
Number of retired or separated participants receiving benefits2009-01-015
Number of other retired or separated participants entitled to future benefits2009-01-0173
Total of all active and inactive participants2009-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01161
Number of participants with account balances2009-01-01157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC.

Measure Date Value
2010 : RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC. 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-11-15$0
Total transfer of assets from this plan2010-11-15$5,676,852
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-11-15$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-11-15$0
Total income from all sources (including contributions)2010-11-15$367,659
Total loss/gain on sale of assets2010-11-15$0
Total of all expenses incurred2010-11-15$3,125,669
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-11-15$3,125,115
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-11-15$100,878
Value of total assets at end of year2010-11-15$0
Value of total assets at beginning of year2010-11-15$8,434,862
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-11-15$554
Total interest from all sources2010-11-15$214
Total dividends received (eg from common stock, registered investment company shares)2010-11-15$32,123
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-11-15Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2010-11-15$0
Total dividends received from registered investment company shares (eg mutual funds)2010-11-15$32,123
Administrative expenses professional fees incurred2010-11-15$554
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-11-15$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-11-15$1,159,910
Was this plan covered by a fidelity bond2010-11-15Yes
Value of fidelity bond cover2010-11-15$750,000
If this is an individual account plan, was there a blackout period2010-11-15No
Were there any nonexempt tranactions with any party-in-interest2010-11-15No
Contributions received from participants2010-11-15$100,878
Participant contributions at end of year2010-11-15$0
Participant contributions at beginning of year2010-11-15$5,711
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-11-15No
Value of net income/loss2010-11-15$-2,758,010
Value of net assets at end of year (total assets less liabilities)2010-11-15$0
Value of net assets at beginning of year (total assets less liabilities)2010-11-15$8,434,862
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-11-15No
Were any loans by the plan or fixed income obligations due to the plan in default2010-11-15No
Were any leases to which the plan was party in default or uncollectible2010-11-15No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-11-15$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-11-15$6,511,104
Value of interest in master investment trust accounts at end of year2010-11-15$0
Value of interest in master investment trust accounts at beginning of year2010-11-15$0
Value of interest in common/collective trusts at end of year2010-11-15$0
Value of interest in common/collective trusts at beginning of year2010-11-15$758,137
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-11-15$214
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-11-15$231,105
Net investment gain or loss from common/collective trusts2010-11-15$3,339
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-11-15No
Was there a failure to transmit to the plan any participant contributions2010-11-15Yes
Has the plan failed to provide any benefit when due under the plan2010-11-15No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-11-15$3,125,115
Did the plan have assets held for investment2010-11-15No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-11-15No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-11-15Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-11-15Yes
Opinion of an independent qualified public accountant for this plan2010-11-15Disclaimer
Accountancy firm name2010-11-15BAKER NEWMAN NOYES
Accountancy firm EIN2010-11-15010494526
2009 : RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC.

2009: RETIREMENT 401K SAVINGS PLAN FOR NON-REPRESENTED EMPLOYEES OF BLETHEN MAINE NEWSPAPERS, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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