TRUSTEES OF IBEW LOCAL 531 & NECA PENSION PLAN has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN
401k plan membership statisitcs for IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN
| Measure | Date | Value |
|---|
| 2023 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2023 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-07-31 | $262,035 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-07-31 | $282,788 |
| Total income from all sources (including contributions) | 2023-07-31 | $13,128,837 |
| Total of all expenses incurred | 2023-07-31 | $3,662,846 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-07-31 | $3,434,770 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-07-31 | $5,370,298 |
| Value of total assets at end of year | 2023-07-31 | $101,512,243 |
| Value of total assets at beginning of year | 2023-07-31 | $92,067,005 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-07-31 | $228,076 |
| Total interest from all sources | 2023-07-31 | $348,324 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-07-31 | $665,205 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-07-31 | $665,205 |
| Administrative expenses professional fees incurred | 2023-07-31 | $142,645 |
| Was this plan covered by a fidelity bond | 2023-07-31 | Yes |
| Value of fidelity bond cover | 2023-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-07-31 | $26,751 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-07-31 | $37,923 |
| Other income not declared elsewhere | 2023-07-31 | $8,221 |
| Administrative expenses (other) incurred | 2023-07-31 | $25,907 |
| Liabilities. Value of operating payables at end of year | 2023-07-31 | $262,035 |
| Liabilities. Value of operating payables at beginning of year | 2023-07-31 | $204,132 |
| Total non interest bearing cash at end of year | 2023-07-31 | $747,974 |
| Total non interest bearing cash at beginning of year | 2023-07-31 | $609,189 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-07-31 | No |
| Value of net income/loss | 2023-07-31 | $9,465,991 |
| Value of net assets at end of year (total assets less liabilities) | 2023-07-31 | $101,250,208 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-07-31 | $91,784,217 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-07-31 | No |
| Investment advisory and management fees | 2023-07-31 | $28,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-07-31 | $21,138,383 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-07-31 | $18,753,845 |
| Value of interest in pooled separate accounts at end of year | 2023-07-31 | $15,573,768 |
| Value of interest in pooled separate accounts at beginning of year | 2023-07-31 | $14,670,277 |
| Interest earned on other investments | 2023-07-31 | $348,324 |
| Value of interest in common/collective trusts at end of year | 2023-07-31 | $44,753,051 |
| Value of interest in common/collective trusts at beginning of year | 2023-07-31 | $38,795,175 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-07-31 | $18,662,223 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-07-31 | $18,664,711 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-07-31 | $1,664,960 |
| Net investment gain/loss from pooled separate accounts | 2023-07-31 | $1,580,131 |
| Net investment gain or loss from common/collective trusts | 2023-07-31 | $3,491,698 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-07-31 | No |
| Contributions received in cash from employer | 2023-07-31 | $5,370,298 |
| Employer contributions (assets) at end of year | 2023-07-31 | $610,093 |
| Employer contributions (assets) at beginning of year | 2023-07-31 | $535,885 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-07-31 | $3,434,770 |
| Contract administrator fees | 2023-07-31 | $31,524 |
| Liabilities. Value of benefit claims payable at end of year | 2023-07-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-07-31 | $78,656 |
| Did the plan have assets held for investment | 2023-07-31 | 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 | 2023-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-07-31 | Unqualified |
| Accountancy firm name | 2023-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2023-07-31 | 320043599 |
| 2022 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-07-31 | $282,788 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-07-31 | $805,994 |
| Total income from all sources (including contributions) | 2022-07-31 | $-3,464,602 |
| Total of all expenses incurred | 2022-07-31 | $2,805,266 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-07-31 | $2,601,209 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-07-31 | $4,630,337 |
| Value of total assets at end of year | 2022-07-31 | $92,067,005 |
| Value of total assets at beginning of year | 2022-07-31 | $98,860,079 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-07-31 | $204,057 |
| Total interest from all sources | 2022-07-31 | $321,670 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-07-31 | $1,716,374 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-07-31 | $1,716,374 |
| Administrative expenses professional fees incurred | 2022-07-31 | $117,967 |
| Was this plan covered by a fidelity bond | 2022-07-31 | Yes |
| Value of fidelity bond cover | 2022-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-07-31 | $37,923 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-07-31 | $33,378 |
| Other income not declared elsewhere | 2022-07-31 | $12,401 |
| Administrative expenses (other) incurred | 2022-07-31 | $26,900 |
| Liabilities. Value of operating payables at end of year | 2022-07-31 | $204,132 |
| Liabilities. Value of operating payables at beginning of year | 2022-07-31 | $95,814 |
| Total non interest bearing cash at end of year | 2022-07-31 | $609,189 |
| Total non interest bearing cash at beginning of year | 2022-07-31 | $412,173 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-07-31 | No |
| Value of net income/loss | 2022-07-31 | $-6,269,868 |
| Value of net assets at end of year (total assets less liabilities) | 2022-07-31 | $91,784,217 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-07-31 | $98,054,085 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-07-31 | No |
| Investment advisory and management fees | 2022-07-31 | $27,666 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-07-31 | $18,753,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-07-31 | $20,635,942 |
| Value of interest in pooled separate accounts at end of year | 2022-07-31 | $14,670,277 |
| Value of interest in pooled separate accounts at beginning of year | 2022-07-31 | $14,825,240 |
| Interest earned on other investments | 2022-07-31 | $321,670 |
| Value of interest in common/collective trusts at end of year | 2022-07-31 | $38,795,175 |
| Value of interest in common/collective trusts at beginning of year | 2022-07-31 | $42,762,553 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-07-31 | $18,664,711 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-07-31 | $19,802,478 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-07-31 | $-5,325,990 |
| Net investment gain/loss from pooled separate accounts | 2022-07-31 | $-773,670 |
| Net investment gain or loss from common/collective trusts | 2022-07-31 | $-4,045,724 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-07-31 | No |
| Contributions received in cash from employer | 2022-07-31 | $4,630,337 |
| Employer contributions (assets) at end of year | 2022-07-31 | $535,885 |
| Employer contributions (assets) at beginning of year | 2022-07-31 | $388,315 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-07-31 | $2,601,209 |
| Contract administrator fees | 2022-07-31 | $31,524 |
| Liabilities. Value of benefit claims payable at end of year | 2022-07-31 | $78,656 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-07-31 | $710,180 |
| Did the plan have assets held for investment | 2022-07-31 | 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 | 2022-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-07-31 | Unqualified |
| Accountancy firm name | 2022-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2022-07-31 | 320043599 |
| 2021 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-07-31 | $805,994 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-07-31 | $215,617 |
| Total income from all sources (including contributions) | 2021-07-31 | $22,338,700 |
| Total of all expenses incurred | 2021-07-31 | $5,487,820 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-07-31 | $5,280,654 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-07-31 | $3,545,373 |
| Value of total assets at end of year | 2021-07-31 | $98,860,079 |
| Value of total assets at beginning of year | 2021-07-31 | $81,418,822 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-07-31 | $207,166 |
| Total interest from all sources | 2021-07-31 | $358,138 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-07-31 | $758,316 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-07-31 | $758,316 |
| Administrative expenses professional fees incurred | 2021-07-31 | $115,441 |
| Was this plan covered by a fidelity bond | 2021-07-31 | Yes |
| Value of fidelity bond cover | 2021-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2021-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2021-07-31 | $3,545,373 |
| Amount contributed by the employer to the plan for this plan year | 2021-07-31 | $3,545,373 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-07-31 | $33,378 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-07-31 | $65,195 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-07-31 | $36,440 |
| Administrative expenses (other) incurred | 2021-07-31 | $33,534 |
| Liabilities. Value of operating payables at end of year | 2021-07-31 | $95,814 |
| Liabilities. Value of operating payables at beginning of year | 2021-07-31 | $76,768 |
| Total non interest bearing cash at end of year | 2021-07-31 | $412,173 |
| Total non interest bearing cash at beginning of year | 2021-07-31 | $323,467 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-07-31 | No |
| Value of net income/loss | 2021-07-31 | $16,850,880 |
| Value of net assets at end of year (total assets less liabilities) | 2021-07-31 | $98,054,085 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-07-31 | $81,203,205 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-07-31 | No |
| Investment advisory and management fees | 2021-07-31 | $26,667 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-07-31 | $20,635,942 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-07-31 | $15,616,434 |
| Value of interest in pooled separate accounts at end of year | 2021-07-31 | $14,825,240 |
| Value of interest in pooled separate accounts at beginning of year | 2021-07-31 | $11,981,670 |
| Interest earned on other investments | 2021-07-31 | $358,138 |
| Value of interest in common/collective trusts at end of year | 2021-07-31 | $42,762,553 |
| Value of interest in common/collective trusts at beginning of year | 2021-07-31 | $34,755,983 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-07-31 | $19,802,478 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-07-31 | $18,330,552 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-07-31 | $4,819,148 |
| Net investment gain/loss from pooled separate accounts | 2021-07-31 | $4,548,474 |
| Net investment gain or loss from common/collective trusts | 2021-07-31 | $8,309,251 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-07-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-07-31 | No |
| Contributions received in cash from employer | 2021-07-31 | $3,545,373 |
| Employer contributions (assets) at end of year | 2021-07-31 | $388,315 |
| Employer contributions (assets) at beginning of year | 2021-07-31 | $345,521 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-07-31 | $5,280,654 |
| Contract administrator fees | 2021-07-31 | $31,524 |
| Liabilities. Value of benefit claims payable at end of year | 2021-07-31 | $710,180 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-07-31 | $102,409 |
| Did the plan have assets held for investment | 2021-07-31 | 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 | 2021-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-07-31 | Unqualified |
| Accountancy firm name | 2021-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2021-07-31 | 320043599 |
| 2020 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-07-31 | $215,617 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-07-31 | $163,530 |
| Total income from all sources (including contributions) | 2020-07-31 | $8,455,125 |
| Total of all expenses incurred | 2020-07-31 | $3,902,112 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-07-31 | $3,688,210 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-07-31 | $3,890,611 |
| Value of total assets at end of year | 2020-07-31 | $81,418,822 |
| Value of total assets at beginning of year | 2020-07-31 | $76,813,722 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-07-31 | $213,902 |
| Total interest from all sources | 2020-07-31 | $384,203 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-07-31 | $780,574 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-07-31 | $780,574 |
| Administrative expenses professional fees incurred | 2020-07-31 | $130,202 |
| Was this plan covered by a fidelity bond | 2020-07-31 | Yes |
| Value of fidelity bond cover | 2020-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-07-31 | $65,195 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-07-31 | $10,112 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-07-31 | $36,440 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-07-31 | $17,744 |
| Other income not declared elsewhere | 2020-07-31 | $5,217 |
| Administrative expenses (other) incurred | 2020-07-31 | $27,356 |
| Liabilities. Value of operating payables at end of year | 2020-07-31 | $76,768 |
| Liabilities. Value of operating payables at beginning of year | 2020-07-31 | $88,330 |
| Total non interest bearing cash at end of year | 2020-07-31 | $323,467 |
| Total non interest bearing cash at beginning of year | 2020-07-31 | $594,049 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-07-31 | No |
| Value of net income/loss | 2020-07-31 | $4,553,013 |
| Value of net assets at end of year (total assets less liabilities) | 2020-07-31 | $81,203,205 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-07-31 | $76,650,192 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-07-31 | No |
| Investment advisory and management fees | 2020-07-31 | $25,667 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-07-31 | $15,616,434 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-07-31 | $13,925,483 |
| Value of interest in pooled separate accounts at end of year | 2020-07-31 | $11,981,670 |
| Value of interest in pooled separate accounts at beginning of year | 2020-07-31 | $11,636,954 |
| Interest earned on other investments | 2020-07-31 | $384,203 |
| Value of interest in common/collective trusts at end of year | 2020-07-31 | $34,755,983 |
| Value of interest in common/collective trusts at beginning of year | 2020-07-31 | $33,005,941 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-07-31 | $18,330,552 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-07-31 | $17,262,755 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-07-31 | $1,355,020 |
| Net investment gain/loss from pooled separate accounts | 2020-07-31 | $314,065 |
| Net investment gain or loss from common/collective trusts | 2020-07-31 | $1,725,435 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-07-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-07-31 | No |
| Contributions received in cash from employer | 2020-07-31 | $3,890,611 |
| Employer contributions (assets) at end of year | 2020-07-31 | $345,521 |
| Employer contributions (assets) at beginning of year | 2020-07-31 | $378,428 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-07-31 | $3,688,210 |
| Contract administrator fees | 2020-07-31 | $30,677 |
| Liabilities. Value of benefit claims payable at end of year | 2020-07-31 | $102,409 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-07-31 | $57,456 |
| Did the plan have assets held for investment | 2020-07-31 | 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 | 2020-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-07-31 | Unqualified |
| Accountancy firm name | 2020-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2020-07-31 | 320043599 |
| 2019 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2019 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-07-31 | $163,530 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-07-31 | $327,105 |
| Total income from all sources (including contributions) | 2019-07-31 | $6,624,510 |
| Total of all expenses incurred | 2019-07-31 | $3,949,739 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-07-31 | $3,754,980 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-07-31 | $3,999,271 |
| Value of total assets at end of year | 2019-07-31 | $76,813,722 |
| Value of total assets at beginning of year | 2019-07-31 | $74,302,526 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-07-31 | $194,759 |
| Total interest from all sources | 2019-07-31 | $382,108 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-07-31 | $1,108,258 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-07-31 | $1,108,258 |
| Administrative expenses professional fees incurred | 2019-07-31 | $110,785 |
| Was this plan covered by a fidelity bond | 2019-07-31 | Yes |
| Value of fidelity bond cover | 2019-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2019-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2019-07-31 | $3,999,271 |
| Amount contributed by the employer to the plan for this plan year | 2019-07-31 | $3,999,271 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-07-31 | $10,112 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-07-31 | $11,675 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-07-31 | $17,744 |
| Administrative expenses (other) incurred | 2019-07-31 | $29,199 |
| Liabilities. Value of operating payables at end of year | 2019-07-31 | $88,330 |
| Liabilities. Value of operating payables at beginning of year | 2019-07-31 | $312,155 |
| Total non interest bearing cash at end of year | 2019-07-31 | $594,049 |
| Total non interest bearing cash at beginning of year | 2019-07-31 | $885,643 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-07-31 | No |
| Value of net income/loss | 2019-07-31 | $2,674,771 |
| Value of net assets at end of year (total assets less liabilities) | 2019-07-31 | $76,650,192 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-07-31 | $73,975,421 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-07-31 | No |
| Investment advisory and management fees | 2019-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-07-31 | $13,925,483 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-07-31 | $14,155,967 |
| Value of interest in pooled separate accounts at end of year | 2019-07-31 | $11,636,954 |
| Value of interest in pooled separate accounts at beginning of year | 2019-07-31 | $41,585,872 |
| Interest earned on other investments | 2019-07-31 | $382,108 |
| Value of interest in common/collective trusts at end of year | 2019-07-31 | $33,005,941 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-07-31 | $17,262,755 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-07-31 | $17,160,014 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-07-31 | $-726,095 |
| Net investment gain/loss from pooled separate accounts | 2019-07-31 | $-703,082 |
| Net investment gain or loss from common/collective trusts | 2019-07-31 | $2,564,050 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-07-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-07-31 | No |
| Contributions received in cash from employer | 2019-07-31 | $3,999,271 |
| Employer contributions (assets) at end of year | 2019-07-31 | $378,428 |
| Employer contributions (assets) at beginning of year | 2019-07-31 | $503,355 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-07-31 | $3,754,980 |
| Contract administrator fees | 2019-07-31 | $29,775 |
| Liabilities. Value of benefit claims payable at end of year | 2019-07-31 | $57,456 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-07-31 | $14,950 |
| Did the plan have assets held for investment | 2019-07-31 | 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 | 2019-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-07-31 | Unqualified |
| Accountancy firm name | 2019-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2019-07-31 | 320043599 |
| 2018 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2018 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-07-31 | $327,105 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-07-31 | $106,925 |
| Total income from all sources (including contributions) | 2018-07-31 | $9,722,400 |
| Total of all expenses incurred | 2018-07-31 | $1,727,980 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-07-31 | $1,558,111 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-07-31 | $4,066,376 |
| Value of total assets at end of year | 2018-07-31 | $74,302,526 |
| Value of total assets at beginning of year | 2018-07-31 | $66,087,926 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-07-31 | $169,869 |
| Total interest from all sources | 2018-07-31 | $349,139 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-07-31 | $750,521 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-07-31 | $750,521 |
| Administrative expenses professional fees incurred | 2018-07-31 | $91,707 |
| Was this plan covered by a fidelity bond | 2018-07-31 | Yes |
| Value of fidelity bond cover | 2018-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2018-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2018-07-31 | $4,066,376 |
| Amount contributed by the employer to the plan for this plan year | 2018-07-31 | $4,066,376 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-07-31 | $11,675 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-07-31 | $8,304 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-07-31 | $7,569 |
| Other income not declared elsewhere | 2018-07-31 | $30,524 |
| Administrative expenses (other) incurred | 2018-07-31 | $24,254 |
| Liabilities. Value of operating payables at end of year | 2018-07-31 | $312,155 |
| Liabilities. Value of operating payables at beginning of year | 2018-07-31 | $84,885 |
| Total non interest bearing cash at end of year | 2018-07-31 | $885,643 |
| Total non interest bearing cash at beginning of year | 2018-07-31 | $861,183 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-07-31 | No |
| Value of net income/loss | 2018-07-31 | $7,994,420 |
| Value of net assets at end of year (total assets less liabilities) | 2018-07-31 | $73,975,421 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-07-31 | $65,981,001 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-07-31 | No |
| Investment advisory and management fees | 2018-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-07-31 | $14,155,967 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-07-31 | $11,574,425 |
| Value of interest in pooled separate accounts at end of year | 2018-07-31 | $41,585,872 |
| Value of interest in pooled separate accounts at beginning of year | 2018-07-31 | $36,759,248 |
| Interest earned on other investments | 2018-07-31 | $349,139 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-07-31 | $17,160,014 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-07-31 | $16,510,852 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-07-31 | $1,187,540 |
| Net investment gain/loss from pooled separate accounts | 2018-07-31 | $3,338,300 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-07-31 | No |
| Contributions received in cash from employer | 2018-07-31 | $4,066,376 |
| Employer contributions (assets) at end of year | 2018-07-31 | $503,355 |
| Employer contributions (assets) at beginning of year | 2018-07-31 | $373,914 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-07-31 | $1,558,111 |
| Contract administrator fees | 2018-07-31 | $28,908 |
| Liabilities. Value of benefit claims payable at end of year | 2018-07-31 | $14,950 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-07-31 | $14,471 |
| Did the plan have assets held for investment | 2018-07-31 | 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 | 2018-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-07-31 | Unqualified |
| Accountancy firm name | 2018-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2018-07-31 | 320043599 |
| 2017 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2017 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-07-31 | $106,925 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-07-31 | $79,504 |
| Total income from all sources (including contributions) | 2017-07-31 | $8,904,772 |
| Total of all expenses incurred | 2017-07-31 | $2,436,249 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-07-31 | $2,326,551 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-07-31 | $3,634,964 |
| Value of total assets at end of year | 2017-07-31 | $66,087,926 |
| Value of total assets at beginning of year | 2017-07-31 | $59,591,982 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-07-31 | $109,698 |
| Total interest from all sources | 2017-07-31 | $326,054 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-07-31 | $539,995 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-07-31 | $539,995 |
| Administrative expenses professional fees incurred | 2017-07-31 | $33,151 |
| Was this plan covered by a fidelity bond | 2017-07-31 | Yes |
| Value of fidelity bond cover | 2017-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-07-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-07-31 | $8,304 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-07-31 | $9,192 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-07-31 | $7,569 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-07-31 | $15,413 |
| Other income not declared elsewhere | 2017-07-31 | $153,051 |
| Administrative expenses (other) incurred | 2017-07-31 | $22,711 |
| Liabilities. Value of operating payables at end of year | 2017-07-31 | $84,885 |
| Liabilities. Value of operating payables at beginning of year | 2017-07-31 | $58,606 |
| Total non interest bearing cash at end of year | 2017-07-31 | $861,183 |
| Total non interest bearing cash at beginning of year | 2017-07-31 | $752,677 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-07-31 | No |
| Value of net income/loss | 2017-07-31 | $6,468,523 |
| Value of net assets at end of year (total assets less liabilities) | 2017-07-31 | $65,981,001 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-07-31 | $59,512,478 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-07-31 | No |
| Investment advisory and management fees | 2017-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-07-31 | $11,574,425 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-07-31 | $10,348,429 |
| Value of interest in pooled separate accounts at end of year | 2017-07-31 | $36,759,248 |
| Value of interest in pooled separate accounts at beginning of year | 2017-07-31 | $31,891,527 |
| Interest earned on other investments | 2017-07-31 | $326,054 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-07-31 | $16,510,852 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-07-31 | $16,216,173 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-07-31 | $1,067,299 |
| Net investment gain/loss from pooled separate accounts | 2017-07-31 | $3,183,409 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-07-31 | No |
| Contributions received in cash from employer | 2017-07-31 | $3,634,964 |
| Employer contributions (assets) at end of year | 2017-07-31 | $373,914 |
| Employer contributions (assets) at beginning of year | 2017-07-31 | $373,984 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-07-31 | $2,326,551 |
| Contract administrator fees | 2017-07-31 | $28,836 |
| 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 | 2017-07-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2017-07-31 | $14,471 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-07-31 | $5,485 |
| Did the plan have assets held for investment | 2017-07-31 | 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 | 2017-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-07-31 | Unqualified |
| Accountancy firm name | 2017-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2017-07-31 | 320043599 |
| 2016 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-07-31 | $79,504 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-07-31 | $359,017 |
| Total income from all sources (including contributions) | 2016-07-31 | $5,239,305 |
| Total of all expenses incurred | 2016-07-31 | $1,774,186 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-07-31 | $1,653,822 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-07-31 | $3,686,879 |
| Value of total assets at end of year | 2016-07-31 | $59,591,982 |
| Value of total assets at beginning of year | 2016-07-31 | $56,406,376 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-07-31 | $120,364 |
| Total interest from all sources | 2016-07-31 | $322,759 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-07-31 | $698,707 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-07-31 | $698,707 |
| Administrative expenses professional fees incurred | 2016-07-31 | $45,063 |
| Was this plan covered by a fidelity bond | 2016-07-31 | Yes |
| Value of fidelity bond cover | 2016-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2016-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2016-07-31 | $3,686,879 |
| Amount contributed by the employer to the plan for this plan year | 2016-07-31 | $3,686,879 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-07-31 | $9,192 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-07-31 | $13,453 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-07-31 | $15,413 |
| Other income not declared elsewhere | 2016-07-31 | $137,535 |
| Administrative expenses (other) incurred | 2016-07-31 | $21,465 |
| Liabilities. Value of operating payables at end of year | 2016-07-31 | $58,606 |
| Liabilities. Value of operating payables at beginning of year | 2016-07-31 | $353,487 |
| Total non interest bearing cash at end of year | 2016-07-31 | $752,677 |
| Total non interest bearing cash at beginning of year | 2016-07-31 | $919,208 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-07-31 | No |
| Value of net income/loss | 2016-07-31 | $3,465,119 |
| Value of net assets at end of year (total assets less liabilities) | 2016-07-31 | $59,512,478 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-07-31 | $56,047,359 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-07-31 | No |
| Investment advisory and management fees | 2016-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-07-31 | $10,348,429 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-07-31 | $10,169,217 |
| Value of interest in pooled separate accounts at end of year | 2016-07-31 | $31,891,527 |
| Value of interest in pooled separate accounts at beginning of year | 2016-07-31 | $29,837,989 |
| Interest earned on other investments | 2016-07-31 | $322,759 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-07-31 | $16,216,173 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-07-31 | $14,986,671 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-07-31 | $-414,645 |
| Net investment gain/loss from pooled separate accounts | 2016-07-31 | $808,070 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-07-31 | No |
| Contributions received in cash from employer | 2016-07-31 | $3,686,879 |
| Employer contributions (assets) at end of year | 2016-07-31 | $373,984 |
| Employer contributions (assets) at beginning of year | 2016-07-31 | $479,838 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-07-31 | $1,653,822 |
| Contract administrator fees | 2016-07-31 | $28,836 |
| 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 | 2016-07-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2016-07-31 | $5,485 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-07-31 | $5,530 |
| Did the plan have assets held for investment | 2016-07-31 | 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 | 2016-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-07-31 | Unqualified |
| Accountancy firm name | 2016-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2016-07-31 | 320043599 |
| 2015 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2015 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-07-31 | $359,017 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-07-31 | $70,565 |
| Total income from all sources (including contributions) | 2015-07-31 | $6,968,187 |
| Total of all expenses incurred | 2015-07-31 | $1,620,245 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-07-31 | $1,503,104 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-07-31 | $3,830,707 |
| Value of total assets at end of year | 2015-07-31 | $56,406,376 |
| Value of total assets at beginning of year | 2015-07-31 | $50,769,982 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-07-31 | $117,141 |
| Total interest from all sources | 2015-07-31 | $320,334 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-07-31 | $621,208 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-07-31 | $621,208 |
| Administrative expenses professional fees incurred | 2015-07-31 | $42,445 |
| Was this plan covered by a fidelity bond | 2015-07-31 | Yes |
| Value of fidelity bond cover | 2015-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2015-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2015-07-31 | $3,830,707 |
| Amount contributed by the employer to the plan for this plan year | 2015-07-31 | $3,830,707 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-07-31 | $13,453 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-07-31 | $8,211 |
| Other income not declared elsewhere | 2015-07-31 | $130,021 |
| Administrative expenses (other) incurred | 2015-07-31 | $21,850 |
| Liabilities. Value of operating payables at end of year | 2015-07-31 | $353,487 |
| Liabilities. Value of operating payables at beginning of year | 2015-07-31 | $65,238 |
| Total non interest bearing cash at end of year | 2015-07-31 | $919,208 |
| Total non interest bearing cash at beginning of year | 2015-07-31 | $674,075 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-07-31 | No |
| Value of net income/loss | 2015-07-31 | $5,347,942 |
| Value of net assets at end of year (total assets less liabilities) | 2015-07-31 | $56,047,359 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-07-31 | $50,699,417 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-07-31 | No |
| Investment advisory and management fees | 2015-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-07-31 | $10,169,217 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-07-31 | $8,109,476 |
| Value of interest in pooled separate accounts at end of year | 2015-07-31 | $29,837,989 |
| Value of interest in pooled separate accounts at beginning of year | 2015-07-31 | $27,220,906 |
| Interest earned on other investments | 2015-07-31 | $320,334 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-07-31 | $14,986,671 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-07-31 | $14,406,366 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-07-31 | $216,521 |
| Net investment gain/loss from pooled separate accounts | 2015-07-31 | $1,849,396 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-07-31 | No |
| Contributions received in cash from employer | 2015-07-31 | $3,830,707 |
| Employer contributions (assets) at end of year | 2015-07-31 | $479,838 |
| Employer contributions (assets) at beginning of year | 2015-07-31 | $350,948 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-07-31 | $1,503,104 |
| Contract administrator fees | 2015-07-31 | $27,846 |
| 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 | 2015-07-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2015-07-31 | $5,530 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-07-31 | $5,327 |
| Did the plan have assets held for investment | 2015-07-31 | 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 | 2015-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-07-31 | Unqualified |
| Accountancy firm name | 2015-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2015-07-31 | 320043599 |
| 2014 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2014 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-07-31 | $70,565 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-07-31 | $290,782 |
| Total income from all sources (including contributions) | 2014-07-31 | $7,307,237 |
| Total of all expenses incurred | 2014-07-31 | $2,695,136 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-07-31 | $2,595,646 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-07-31 | $3,442,736 |
| Value of total assets at end of year | 2014-07-31 | $50,769,982 |
| Value of total assets at beginning of year | 2014-07-31 | $46,378,098 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-07-31 | $99,490 |
| Total interest from all sources | 2014-07-31 | $349,515 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-07-31 | $415,671 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-07-31 | $415,671 |
| Administrative expenses professional fees incurred | 2014-07-31 | $29,344 |
| Was this plan covered by a fidelity bond | 2014-07-31 | Yes |
| Value of fidelity bond cover | 2014-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2014-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2014-07-31 | $3,442,736 |
| Amount contributed by the employer to the plan for this plan year | 2014-07-31 | $3,442,736 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-07-31 | $8,211 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-07-31 | $7,989 |
| Other income not declared elsewhere | 2014-07-31 | $119,304 |
| Administrative expenses (other) incurred | 2014-07-31 | $18,686 |
| Liabilities. Value of operating payables at end of year | 2014-07-31 | $65,238 |
| Liabilities. Value of operating payables at beginning of year | 2014-07-31 | $113,056 |
| Total non interest bearing cash at end of year | 2014-07-31 | $674,075 |
| Total non interest bearing cash at beginning of year | 2014-07-31 | $670,168 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-07-31 | No |
| Value of net income/loss | 2014-07-31 | $4,612,101 |
| Value of net assets at end of year (total assets less liabilities) | 2014-07-31 | $50,699,417 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-07-31 | $46,087,316 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-07-31 | No |
| Investment advisory and management fees | 2014-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-07-31 | $8,109,476 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-07-31 | $7,329,527 |
| Value of interest in pooled separate accounts at end of year | 2014-07-31 | $27,220,906 |
| Value of interest in pooled separate accounts at beginning of year | 2014-07-31 | $22,839,279 |
| Interest earned on other investments | 2014-07-31 | $349,515 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-07-31 | $14,406,366 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-07-31 | $15,224,401 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-07-31 | $561,240 |
| Net investment gain/loss from pooled separate accounts | 2014-07-31 | $2,418,771 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-07-31 | No |
| Contributions received in cash from employer | 2014-07-31 | $3,442,736 |
| Employer contributions (assets) at end of year | 2014-07-31 | $350,948 |
| Employer contributions (assets) at beginning of year | 2014-07-31 | $306,734 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-07-31 | $2,595,646 |
| Contract administrator fees | 2014-07-31 | $26,460 |
| 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 | 2014-07-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2014-07-31 | $5,327 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-07-31 | $177,726 |
| Did the plan have assets held for investment | 2014-07-31 | 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 | 2014-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-07-31 | Unqualified |
| Accountancy firm name | 2014-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2014-07-31 | 320043599 |
| 2013 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2013 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-07-31 | $290,782 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-07-31 | $49,695 |
| Total income from all sources (including contributions) | 2013-07-31 | $8,597,514 |
| Total of all expenses incurred | 2013-07-31 | $1,518,645 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-07-31 | $1,419,751 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-07-31 | $3,547,435 |
| Value of total assets at end of year | 2013-07-31 | $46,378,098 |
| Value of total assets at beginning of year | 2013-07-31 | $39,058,142 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-07-31 | $98,894 |
| Total interest from all sources | 2013-07-31 | $392,131 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-07-31 | $134,332 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-07-31 | $134,332 |
| Administrative expenses professional fees incurred | 2013-07-31 | $25,963 |
| Was this plan covered by a fidelity bond | 2013-07-31 | Yes |
| Value of fidelity bond cover | 2013-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2013-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2013-07-31 | $3,547,435 |
| Amount contributed by the employer to the plan for this plan year | 2013-07-31 | $3,547,435 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-07-31 | $7,989 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-07-31 | $7,503 |
| Other income not declared elsewhere | 2013-07-31 | $103,547 |
| Administrative expenses (other) incurred | 2013-07-31 | $21,471 |
| Liabilities. Value of operating payables at end of year | 2013-07-31 | $113,056 |
| Liabilities. Value of operating payables at beginning of year | 2013-07-31 | $49,695 |
| Total non interest bearing cash at end of year | 2013-07-31 | $670,168 |
| Total non interest bearing cash at beginning of year | 2013-07-31 | $533,554 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-07-31 | No |
| Value of net income/loss | 2013-07-31 | $7,078,869 |
| Value of net assets at end of year (total assets less liabilities) | 2013-07-31 | $46,087,316 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-07-31 | $39,008,447 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-07-31 | No |
| Investment advisory and management fees | 2013-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-07-31 | $7,329,527 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-07-31 | $5,901,451 |
| Value of interest in pooled separate accounts at end of year | 2013-07-31 | $22,839,279 |
| Value of interest in pooled separate accounts at beginning of year | 2013-07-31 | $18,327,661 |
| Interest earned on other investments | 2013-07-31 | $392,131 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-07-31 | $15,224,401 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-07-31 | $13,975,335 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-07-31 | $1,220,512 |
| Net investment gain/loss from pooled separate accounts | 2013-07-31 | $3,199,557 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-07-31 | No |
| Contributions received in cash from employer | 2013-07-31 | $3,547,435 |
| Employer contributions (assets) at end of year | 2013-07-31 | $306,734 |
| Employer contributions (assets) at beginning of year | 2013-07-31 | $312,638 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-07-31 | $1,419,751 |
| Contract administrator fees | 2013-07-31 | $26,460 |
| 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 | 2013-07-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2013-07-31 | $177,726 |
| Did the plan have assets held for investment | 2013-07-31 | 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 | 2013-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-07-31 | Unqualified |
| Accountancy firm name | 2013-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2013-07-31 | 320043599 |
| 2012 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2012 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-07-31 | $49,695 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-07-31 | $59,738 |
| Total income from all sources (including contributions) | 2012-07-31 | $4,345,058 |
| Total of all expenses incurred | 2012-07-31 | $1,318,310 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-07-31 | $1,222,502 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-07-31 | $3,080,520 |
| Value of total assets at end of year | 2012-07-31 | $39,058,142 |
| Value of total assets at beginning of year | 2012-07-31 | $36,041,437 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-07-31 | $95,808 |
| Total interest from all sources | 2012-07-31 | $420,237 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-07-31 | $97,670 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-07-31 | $97,670 |
| Administrative expenses professional fees incurred | 2012-07-31 | $26,957 |
| Was this plan covered by a fidelity bond | 2012-07-31 | Yes |
| Value of fidelity bond cover | 2012-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2012-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2012-07-31 | $3,080,520 |
| Amount contributed by the employer to the plan for this plan year | 2012-07-31 | $3,080,520 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-07-31 | $7,503 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-07-31 | $6,476 |
| Other income not declared elsewhere | 2012-07-31 | $91,731 |
| Administrative expenses (other) incurred | 2012-07-31 | $17,811 |
| Liabilities. Value of operating payables at end of year | 2012-07-31 | $49,695 |
| Liabilities. Value of operating payables at beginning of year | 2012-07-31 | $59,738 |
| Total non interest bearing cash at end of year | 2012-07-31 | $533,554 |
| Total non interest bearing cash at beginning of year | 2012-07-31 | $545,231 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-07-31 | No |
| Value of net income/loss | 2012-07-31 | $3,026,748 |
| Value of net assets at end of year (total assets less liabilities) | 2012-07-31 | $39,008,447 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-07-31 | $35,981,699 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-07-31 | No |
| Investment advisory and management fees | 2012-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-07-31 | $5,901,451 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-07-31 | $5,040,735 |
| Value of interest in pooled separate accounts at end of year | 2012-07-31 | $18,327,661 |
| Value of interest in pooled separate accounts at beginning of year | 2012-07-31 | $16,845,560 |
| Interest earned on other investments | 2012-07-31 | $420,237 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-07-31 | $13,975,335 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-07-31 | $13,300,142 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-07-31 | $45,242 |
| Net investment gain/loss from pooled separate accounts | 2012-07-31 | $609,658 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-07-31 | No |
| Contributions received in cash from employer | 2012-07-31 | $3,080,520 |
| Employer contributions (assets) at end of year | 2012-07-31 | $312,638 |
| Employer contributions (assets) at beginning of year | 2012-07-31 | $303,293 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-07-31 | $1,222,502 |
| Contract administrator fees | 2012-07-31 | $26,040 |
| 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 | 2012-07-31 | No |
| Did the plan have assets held for investment | 2012-07-31 | 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 | 2012-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-07-31 | Unqualified |
| Accountancy firm name | 2012-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2012-07-31 | 320043599 |
| 2011 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2011 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-07-31 | $59,738 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-07-31 | $75,408 |
| Total income from all sources (including contributions) | 2011-07-31 | $6,152,454 |
| Total of all expenses incurred | 2011-07-31 | $2,356,851 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-07-31 | $2,253,435 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-07-31 | $2,677,095 |
| Value of total assets at end of year | 2011-07-31 | $36,041,437 |
| Value of total assets at beginning of year | 2011-07-31 | $32,261,504 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-07-31 | $103,416 |
| Total interest from all sources | 2011-07-31 | $425,180 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-07-31 | $74,729 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-07-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-07-31 | $74,729 |
| Administrative expenses professional fees incurred | 2011-07-31 | $35,044 |
| Was this plan covered by a fidelity bond | 2011-07-31 | Yes |
| Value of fidelity bond cover | 2011-07-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-07-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2011-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2011-07-31 | $2,677,095 |
| Amount contributed by the employer to the plan for this plan year | 2011-07-31 | $2,677,095 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-07-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-07-31 | $6,476 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-07-31 | $6,257 |
| Other income not declared elsewhere | 2011-07-31 | $84,589 |
| Administrative expenses (other) incurred | 2011-07-31 | $18,572 |
| Liabilities. Value of operating payables at end of year | 2011-07-31 | $59,738 |
| Liabilities. Value of operating payables at beginning of year | 2011-07-31 | $75,408 |
| Total non interest bearing cash at end of year | 2011-07-31 | $545,231 |
| Total non interest bearing cash at beginning of year | 2011-07-31 | $449,386 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-07-31 | No |
| Value of net income/loss | 2011-07-31 | $3,795,603 |
| Value of net assets at end of year (total assets less liabilities) | 2011-07-31 | $35,981,699 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-07-31 | $32,186,096 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-07-31 | No |
| Investment advisory and management fees | 2011-07-31 | $25,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-07-31 | $5,040,735 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-07-31 | $4,569,715 |
| Value of interest in pooled separate accounts at end of year | 2011-07-31 | $16,845,560 |
| Value of interest in pooled separate accounts at beginning of year | 2011-07-31 | $14,194,050 |
| Interest earned on other investments | 2011-07-31 | $425,180 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-07-31 | $13,300,142 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-07-31 | $12,688,785 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-07-31 | $730,079 |
| Net investment gain/loss from pooled separate accounts | 2011-07-31 | $2,160,782 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-07-31 | No |
| Contributions received in cash from employer | 2011-07-31 | $2,677,095 |
| Employer contributions (assets) at end of year | 2011-07-31 | $303,293 |
| Employer contributions (assets) at beginning of year | 2011-07-31 | $353,311 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-07-31 | $2,253,435 |
| Contract administrator fees | 2011-07-31 | $24,800 |
| 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 | 2011-07-31 | No |
| Did the plan have assets held for investment | 2011-07-31 | 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 | 2011-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-07-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-07-31 | Unqualified |
| Accountancy firm name | 2011-07-31 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2011-07-31 | 320043599 |
| 2010 : IBEW LOCAL 531 & NECA MONEY PURCHASE PENSION PLAN 2010 401k financial data |
|---|
| Funding deficiency by the employer to the plan for this plan year | 2010-07-31 | $0 |
| Minimum employer required contribution for this plan year | 2010-07-31 | $1,920,591 |
| Amount contributed by the employer to the plan for this plan year | 2010-07-31 | $1,920,591 |
