GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND
| Measure | Date | Value |
|---|
| 2017 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2017 401k financial data |
|---|
| Total income from all sources | 2017-05-31 | $14,782 |
| Expenses. Total of all expenses incurred | 2017-05-31 | $156,400 |
| Benefits paid (including direct rollovers) | 2017-05-31 | $15,472 |
| Total plan assets at end of year | 2017-05-31 | $0 |
| Total plan assets at beginning of year | 2017-05-31 | $141,618 |
| Value of fidelity bond covering the plan | 2017-05-31 | $500,000 |
| Expenses. Other expenses not covered elsewhere | 2017-05-31 | $140,928 |
| Net income (gross income less expenses) | 2017-05-31 | $-141,618 |
| Net plan assets at end of year (total assets less liabilities) | 2017-05-31 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2017-05-31 | $141,618 |
| Total contributions received or receivable from employer(s) | 2017-05-31 | $14,782 |
| 2016 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-05-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-05-31 | $63,512 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-05-31 | $194,138 |
| Total income from all sources (including contributions) | 2016-05-31 | $654,542 |
| Total loss/gain on sale of assets | 2016-05-31 | $0 |
| Total of all expenses incurred | 2016-05-31 | $973,525 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-05-31 | $794,176 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-05-31 | $654,542 |
| Value of total assets at end of year | 2016-05-31 | $205,130 |
| Value of total assets at beginning of year | 2016-05-31 | $654,739 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-05-31 | $179,349 |
| Total interest from all sources | 2016-05-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-05-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-05-31 | No |
| Administrative expenses professional fees incurred | 2016-05-31 | $55,304 |
| Was this plan covered by a fidelity bond | 2016-05-31 | Yes |
| Value of fidelity bond cover | 2016-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-05-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2016-05-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-05-31 | $7,147 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-05-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-05-31 | $26,944 |
| Administrative expenses (other) incurred | 2016-05-31 | $27,543 |
| Liabilities. Value of operating payables at end of year | 2016-05-31 | $63,512 |
| Liabilities. Value of operating payables at beginning of year | 2016-05-31 | $1,093 |
| Total non interest bearing cash at end of year | 2016-05-31 | $205,130 |
| Total non interest bearing cash at beginning of year | 2016-05-31 | $51,103 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-05-31 | No |
| Value of net income/loss | 2016-05-31 | $-318,983 |
| Value of net assets at end of year (total assets less liabilities) | 2016-05-31 | $141,618 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-05-31 | $460,601 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-05-31 | No |
| Investment advisory and management fees | 2016-05-31 | $7,256 |
| Asset value of US Government securities at end of year | 2016-05-31 | $0 |
| Asset value of US Government securities at beginning of year | 2016-05-31 | $305 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-05-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-05-31 | No |
| Contributions received in cash from employer | 2016-05-31 | $654,542 |
| Employer contributions (assets) at end of year | 2016-05-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-05-31 | $569,240 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-05-31 | $794,176 |
| Contract administrator fees | 2016-05-31 | $89,246 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-05-31 | $193,045 |
| Did the plan have assets held for investment | 2016-05-31 | 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 | 2016-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-05-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-05-31 | Unqualified |
| Accountancy firm name | 2016-05-31 | CLARK SCHAEFER HACKETT |
| Accountancy firm EIN | 2016-05-31 | 310800053 |
| 2015 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-05-31 | $-96,610 |
| Total unrealized appreciation/depreciation of assets | 2015-05-31 | $-96,610 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-05-31 | $194,138 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-05-31 | $301,810 |
| Total income from all sources (including contributions) | 2015-05-31 | $4,680,703 |
| Total loss/gain on sale of assets | 2015-05-31 | $43,356 |
| Total of all expenses incurred | 2015-05-31 | $6,146,940 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-05-31 | $5,821,361 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-05-31 | $4,672,907 |
| Value of total assets at end of year | 2015-05-31 | $654,739 |
| Value of total assets at beginning of year | 2015-05-31 | $2,228,648 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-05-31 | $325,579 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-05-31 | $61,050 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-05-31 | $61,050 |
| Administrative expenses professional fees incurred | 2015-05-31 | $72,127 |
| Was this plan covered by a fidelity bond | 2015-05-31 | Yes |
| Value of fidelity bond cover | 2015-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-05-31 | No |
| Contributions received from participants | 2015-05-31 | $237,565 |
| Assets. Other investments not covered elsewhere at end of year | 2015-05-31 | $7,147 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-05-31 | $4,453 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-05-31 | $26,944 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-05-31 | $11,360 |
| Administrative expenses (other) incurred | 2015-05-31 | $78,700 |
| Liabilities. Value of operating payables at end of year | 2015-05-31 | $1,093 |
| Liabilities. Value of operating payables at beginning of year | 2015-05-31 | $5,813 |
| Total non interest bearing cash at end of year | 2015-05-31 | $51,103 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-05-31 | No |
| Value of net income/loss | 2015-05-31 | $-1,466,237 |
| Value of net assets at end of year (total assets less liabilities) | 2015-05-31 | $460,601 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-05-31 | $1,926,838 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-05-31 | No |
| Investment advisory and management fees | 2015-05-31 | $13,994 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-05-31 | $158,363 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-05-31 | $158,363 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-05-31 | $1,966,398 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-05-31 | $340,692 |
| Asset value of US Government securities at end of year | 2015-05-31 | $305 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-05-31 | No |
| Contributions received in cash from employer | 2015-05-31 | $4,435,342 |
| Employer contributions (assets) at end of year | 2015-05-31 | $569,240 |
| Employer contributions (assets) at beginning of year | 2015-05-31 | $21,724 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-05-31 | $5,480,669 |
| Contract administrator fees | 2015-05-31 | $160,758 |
| 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 | 2015-05-31 | No |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-05-31 | $77,710 |
| Liabilities. Value of benefit claims payable at end of year | 2015-05-31 | $193,045 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-05-31 | $284,637 |
| Did the plan have assets held for investment | 2015-05-31 | 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 | 2015-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-05-31 | No |
| Aggregate proceeds on sale of assets | 2015-05-31 | $2,137,063 |
| Aggregate carrying amount (costs) on sale of assets | 2015-05-31 | $2,093,707 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-05-31 | Unqualified |
| Accountancy firm name | 2015-05-31 | CLARK, SCHAEFER, HACKETT & COMPANY |
| Accountancy firm EIN | 2015-05-31 | 310800053 |
| 2014 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-05-31 | $22,412 |
| Total unrealized appreciation/depreciation of assets | 2014-05-31 | $22,412 |
| Total transfer of assets to this plan | 2014-05-31 | $597,577 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-05-31 | $301,810 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-05-31 | $311,497 |
| Total income from all sources (including contributions) | 2014-05-31 | $4,150,556 |
| Total loss/gain on sale of assets | 2014-05-31 | $13,616 |
| Total of all expenses incurred | 2014-05-31 | $5,266,246 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-05-31 | $4,918,635 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-05-31 | $4,004,156 |
| Value of total assets at end of year | 2014-05-31 | $2,228,648 |
| Value of total assets at beginning of year | 2014-05-31 | $2,756,448 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-05-31 | $347,611 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-05-31 | $110,372 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-05-31 | $110,372 |
| Administrative expenses professional fees incurred | 2014-05-31 | $85,131 |
| Was this plan covered by a fidelity bond | 2014-05-31 | Yes |
| Value of fidelity bond cover | 2014-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-05-31 | No |
| Contributions received from participants | 2014-05-31 | $290,322 |
| Assets. Other investments not covered elsewhere at end of year | 2014-05-31 | $4,453 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-05-31 | $1,481 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-05-31 | $24,599 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-05-31 | $11,360 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-05-31 | $21,853 |
| Administrative expenses (other) incurred | 2014-05-31 | $68,941 |
| Liabilities. Value of operating payables at end of year | 2014-05-31 | $5,813 |
| Liabilities. Value of operating payables at beginning of year | 2014-05-31 | $17,625 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-05-31 | No |
| Value of net income/loss | 2014-05-31 | $-1,115,690 |
| Value of net assets at end of year (total assets less liabilities) | 2014-05-31 | $1,926,838 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-05-31 | $2,444,951 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-05-31 | No |
| Investment advisory and management fees | 2014-05-31 | $20,546 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-05-31 | $1,966,398 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-05-31 | $2,409,816 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-05-31 | $158,363 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-05-31 | $315,402 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-05-31 | $315,402 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-05-31 | $363,456 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-05-31 | No |
| Contributions received in cash from employer | 2014-05-31 | $3,713,834 |
| Employer contributions (assets) at end of year | 2014-05-31 | $21,724 |
| Employer contributions (assets) at beginning of year | 2014-05-31 | $5,150 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-05-31 | $4,555,179 |
| Contract administrator fees | 2014-05-31 | $172,993 |
| 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 | 2014-05-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-05-31 | $77,710 |
| Liabilities. Value of benefit claims payable at end of year | 2014-05-31 | $284,637 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-05-31 | $272,019 |
| Did the plan have assets held for investment | 2014-05-31 | 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 | 2014-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-05-31 | No |
| Aggregate proceeds on sale of assets | 2014-05-31 | $1,572,235 |
| Aggregate carrying amount (costs) on sale of assets | 2014-05-31 | $1,558,619 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-05-31 | Unqualified |
| Accountancy firm name | 2014-05-31 | CLARK SCHAEFER, HACKETT & COMPANY |
| Accountancy firm EIN | 2014-05-31 | 310800053 |
| 2013 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-05-31 | $89,511 |
| Total unrealized appreciation/depreciation of assets | 2013-05-31 | $89,511 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-05-31 | $311,497 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-05-31 | $255,612 |
| Total income from all sources (including contributions) | 2013-05-31 | $3,924,171 |
| Total loss/gain on sale of assets | 2013-05-31 | $65,926 |
| Total of all expenses incurred | 2013-05-31 | $5,055,172 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-05-31 | $4,725,410 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-05-31 | $3,616,253 |
| Value of total assets at end of year | 2013-05-31 | $2,756,448 |
| Value of total assets at beginning of year | 2013-05-31 | $3,831,564 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-05-31 | $329,762 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-05-31 | $152,481 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-05-31 | $152,481 |
| Administrative expenses professional fees incurred | 2013-05-31 | $65,880 |
| Was this plan covered by a fidelity bond | 2013-05-31 | Yes |
| Value of fidelity bond cover | 2013-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-05-31 | No |
| Contributions received from participants | 2013-05-31 | $216,340 |
| Assets. Other investments not covered elsewhere at end of year | 2013-05-31 | $1,481 |
| Assets. Other investments not covered elsewhere at beginning of year | 2013-05-31 | $1,694 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-05-31 | $24,599 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-05-31 | $156,827 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-05-31 | $21,853 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-05-31 | $29,070 |
| Administrative expenses (other) incurred | 2013-05-31 | $78,144 |
| Liabilities. Value of operating payables at end of year | 2013-05-31 | $17,625 |
| Liabilities. Value of operating payables at beginning of year | 2013-05-31 | $15,361 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-05-31 | No |
| Value of net income/loss | 2013-05-31 | $-1,131,001 |
| Value of net assets at end of year (total assets less liabilities) | 2013-05-31 | $2,444,951 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-05-31 | $3,575,952 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-05-31 | No |
| Investment advisory and management fees | 2013-05-31 | $16,412 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-05-31 | $2,409,816 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-05-31 | $3,320,270 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-05-31 | $315,402 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-05-31 | $345,473 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-05-31 | $345,473 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-05-31 | $311,390 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-05-31 | No |
| Contributions received in cash from employer | 2013-05-31 | $3,399,913 |
| Employer contributions (assets) at end of year | 2013-05-31 | $5,150 |
| Employer contributions (assets) at beginning of year | 2013-05-31 | $7,300 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-05-31 | $4,414,020 |
| Contract administrator fees | 2013-05-31 | $169,326 |
| 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 | 2013-05-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2013-05-31 | $272,019 |
| Liabilities. Value of benefit claims payable at beginning of year | 2013-05-31 | $211,181 |
| Did the plan have assets held for investment | 2013-05-31 | 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 | 2013-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-05-31 | No |
| Aggregate proceeds on sale of assets | 2013-05-31 | $2,515,811 |
| Aggregate carrying amount (costs) on sale of assets | 2013-05-31 | $2,449,885 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-05-31 | Unqualified |
| Accountancy firm name | 2013-05-31 | J.D. CLOUD & CO. L.L.P. |
| Accountancy firm EIN | 2013-05-31 | 310530857 |
| 2012 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-05-31 | $-66,181 |
| Total unrealized appreciation/depreciation of assets | 2012-05-31 | $-66,181 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-05-31 | $255,612 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-05-31 | $259,552 |
| Total income from all sources (including contributions) | 2012-05-31 | $4,022,809 |
| Total loss/gain on sale of assets | 2012-05-31 | $-93,278 |
| Total of all expenses incurred | 2012-05-31 | $4,583,149 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-05-31 | $4,248,956 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-05-31 | $3,864,016 |
| Value of total assets at end of year | 2012-05-31 | $3,831,564 |
| Value of total assets at beginning of year | 2012-05-31 | $4,395,844 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-05-31 | $334,193 |
| Total interest from all sources | 2012-05-31 | $6,872 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-05-31 | $172,454 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-05-31 | $172,454 |
| Administrative expenses professional fees incurred | 2012-05-31 | $63,797 |
| Was this plan covered by a fidelity bond | 2012-05-31 | Yes |
| Value of fidelity bond cover | 2012-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-05-31 | No |
| Contributions received from participants | 2012-05-31 | $127,565 |
| Assets. Other investments not covered elsewhere at end of year | 2012-05-31 | $1,694 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-05-31 | $1,694 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-05-31 | $156,827 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-05-31 | $19,094 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-05-31 | $29,070 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-05-31 | $59,025 |
| Other income not declared elsewhere | 2012-05-31 | $138,926 |
| Administrative expenses (other) incurred | 2012-05-31 | $79,530 |
| Liabilities. Value of operating payables at end of year | 2012-05-31 | $15,361 |
| Liabilities. Value of operating payables at beginning of year | 2012-05-31 | $20,100 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-05-31 | No |
| Value of net income/loss | 2012-05-31 | $-560,340 |
| Value of net assets at end of year (total assets less liabilities) | 2012-05-31 | $3,575,952 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-05-31 | $4,136,292 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-05-31 | No |
| Investment advisory and management fees | 2012-05-31 | $28,689 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-05-31 | $3,320,270 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-05-31 | $3,417,047 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-05-31 | $345,473 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-05-31 | $950,974 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-05-31 | $950,974 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-05-31 | $6,872 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-05-31 | $269,144 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-05-31 | No |
| Contributions received in cash from employer | 2012-05-31 | $3,736,451 |
| Employer contributions (assets) at end of year | 2012-05-31 | $7,300 |
| Employer contributions (assets) at beginning of year | 2012-05-31 | $7,035 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-05-31 | $3,979,812 |
| Contract administrator fees | 2012-05-31 | $162,177 |
| 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 | 2012-05-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2012-05-31 | $211,181 |
| Liabilities. Value of benefit claims payable at beginning of year | 2012-05-31 | $180,427 |
| Did the plan have assets held for investment | 2012-05-31 | 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 | 2012-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-05-31 | No |
| Aggregate proceeds on sale of assets | 2012-05-31 | $2,691,747 |
| Aggregate carrying amount (costs) on sale of assets | 2012-05-31 | $2,785,025 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-05-31 | Unqualified |
| Accountancy firm name | 2012-05-31 | J.D. CLOUD |
| Accountancy firm EIN | 2012-05-31 | 310530857 |
| 2011 : GCC/IBT LOCAL 508M HEALTH AND WELFARE FUND 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-05-31 | $116,157 |
| Total unrealized appreciation/depreciation of assets | 2011-05-31 | $116,157 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-05-31 | $259,552 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-05-31 | $175,129 |
| Total income from all sources (including contributions) | 2011-05-31 | $4,353,058 |
| Total loss/gain on sale of assets | 2011-05-31 | $-21,102 |
| Total of all expenses incurred | 2011-05-31 | $3,804,354 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-05-31 | $3,467,529 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-05-31 | $4,098,249 |
| Value of total assets at end of year | 2011-05-31 | $4,395,844 |
| Value of total assets at beginning of year | 2011-05-31 | $3,762,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-05-31 | $336,825 |
| Total interest from all sources | 2011-05-31 | $5,846 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-05-31 | $153,908 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-05-31 | $153,908 |
| Administrative expenses professional fees incurred | 2011-05-31 | $77,267 |
| Was this plan covered by a fidelity bond | 2011-05-31 | Yes |
| Value of fidelity bond cover | 2011-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-05-31 | No |
| Contributions received from participants | 2011-05-31 | $143,680 |
| Assets. Other investments not covered elsewhere at end of year | 2011-05-31 | $1,694 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-05-31 | $1,694 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-05-31 | $19,094 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-05-31 | $77,049 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-05-31 | $59,025 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-05-31 | $8,695 |
| Administrative expenses (other) incurred | 2011-05-31 | $78,846 |
| Liabilities. Value of operating payables at end of year | 2011-05-31 | $20,100 |
| Liabilities. Value of operating payables at beginning of year | 2011-05-31 | $11,855 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-05-31 | No |
| Value of net income/loss | 2011-05-31 | $548,704 |
| Value of net assets at end of year (total assets less liabilities) | 2011-05-31 | $4,136,292 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-05-31 | $3,587,588 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-05-31 | No |
| Investment advisory and management fees | 2011-05-31 | $22,764 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-05-31 | $3,417,047 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-05-31 | $1,706,796 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-05-31 | $950,974 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-05-31 | $1,954,694 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-05-31 | $1,954,694 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-05-31 | $5,846 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-05-31 | $249,476 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-05-31 | No |
| Contributions received in cash from employer | 2011-05-31 | $3,954,569 |
| Employer contributions (assets) at end of year | 2011-05-31 | $7,035 |
| Employer contributions (assets) at beginning of year | 2011-05-31 | $22,484 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-05-31 | $3,218,053 |
| Contract administrator fees | 2011-05-31 | $157,948 |
| 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 | 2011-05-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2011-05-31 | $180,427 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-05-31 | $154,579 |
| Did the plan have assets held for investment | 2011-05-31 | 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 | 2011-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-05-31 | No |
| Aggregate proceeds on sale of assets | 2011-05-31 | $1,498,257 |
| Aggregate carrying amount (costs) on sale of assets | 2011-05-31 | $1,519,359 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-05-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-05-31 | Disclaimer |
| Accountancy firm name | 2011-05-31 | J.D. CLOUD |
| Accountancy firm EIN | 2011-05-31 | 310530857 |
