TMT BAC LOCAL UNION 7 has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE LOCAL 7 TILE INDUSTRY ANNUITY FUND
| Measure | Date | Value |
|---|
| 2014 : THE LOCAL 7 TILE INDUSTRY ANNUITY FUND 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2014-12-31 | $255,085 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $3,145,377 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $3,400,462 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $154,364 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $214,879 |
| Total income from all sources (including contributions) | 2014-12-31 | $17,424,357 |
| Total loss/gain on sale of assets | 2014-12-31 | $84,785 |
| Total of all expenses incurred | 2014-12-31 | $6,256,154 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $5,325,027 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $8,703,623 |
| Value of total assets at end of year | 2014-12-31 | $115,270,999 |
| Value of total assets at beginning of year | 2014-12-31 | $104,163,311 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $931,127 |
| Total interest from all sources | 2014-12-31 | $1,267,178 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $884,919 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $538,021 |
| Administrative expenses professional fees incurred | 2014-12-31 | $345,255 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Participant contributions at end of year | 2014-12-31 | $1,745,137 |
| Participant contributions at beginning of year | 2014-12-31 | $1,542,735 |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $6,762,730 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $1,522,769 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $1,527,069 |
| Other income not declared elsewhere | 2014-12-31 | $3,042 |
| Administrative expenses (other) incurred | 2014-12-31 | $35,493 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $154,364 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $214,879 |
| Total non interest bearing cash at end of year | 2014-12-31 | $2,592 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $2,758 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $11,168,203 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $115,116,635 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $103,948,432 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $315,236 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $6,082,484 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $4,927,201 |
| Interest on participant loans | 2014-12-31 | $57,204 |
| Interest earned on other investments | 2014-12-31 | $1,208,682 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $23,806,544 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $4,253,908 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $31,593,819 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $31,593,819 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $1,292 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $35,856,826 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $34,736,020 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $66,877 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $3,013,471 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $8,703,623 |
| Income. Dividends from common stock | 2014-12-31 | $346,898 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $5,325,027 |
| Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $14,733,877 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $13,340,113 |
| Contract administrator fees | 2014-12-31 | $235,143 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $20,504,132 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $16,493,596 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $10,933,157 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $10,848,372 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | O'CONNOR DAVIES LLP |
| Accountancy firm EIN | 2014-12-31 | 271728945 |
