MORTGAGE WORLD BANKERS, INC. has sponsored the creation of one or more 401k plans.
Additional information about MORTGAGE WORLD BANKERS, INC.
Submission information for form 5500 for 401k plan MORTGAGE WORLD BANKERS, INC 401(K) PLAN
| Measure | Date | Value |
|---|
| 2009: MORTGAGE WORLD BANKERS, INC 401(K) PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 15 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 13 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 0 |
| Total of all active and inactive participants | 2009-01-01 | 13 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 1 |
| Total participants | 2009-01-01 | 14 |
| Number of participants with account balances | 2009-01-01 | 9 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
| 2008: MORTGAGE WORLD BANKERS, INC 401(K) PLAN 2008 401k membership |
|---|
| Total participants, beginning-of-year | 2008-01-01 | 15 |
| Total number of active participants reported on line 7a of the Form 5500 | 2008-01-01 | 13 |
| Number of retired or separated participants receiving benefits | 2008-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2008-01-01 | 0 |
| Total of all active and inactive participants | 2008-01-01 | 13 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2008-01-01 | 1 |
| Total participants | 2008-01-01 | 14 |
| Number of participants with account balances | 2008-01-01 | 10 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2008-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2009 : MORTGAGE WORLD BANKERS, INC 401(K) PLAN 2009 401k financial data |
|---|
| Funding deficiency by the employer to the plan for this plan year | 2009-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2009-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2009-12-31 | $0 |
| 2008 : MORTGAGE WORLD BANKERS, INC 401(K) PLAN 2008 401k financial data |
|---|
| Total income from all sources | 2008-12-31 | $-79,448 |
| Expenses. Total of all expenses incurred | 2008-12-31 | $929 |
| Benefits paid (including direct rollovers) | 2008-12-31 | $0 |
| Total plan assets at end of year | 2008-12-31 | $249,658 |
| Total plan assets at beginning of year | 2008-12-31 | $330,035 |
| Value of fidelity bond covering the plan | 2008-12-31 | $600,000 |
| Total contributions received or receivable from participants | 2008-12-31 | $12,808 |
| Expenses. Other expenses not covered elsewhere | 2008-12-31 | $929 |
| Contributions received from other sources (not participants or employers) | 2008-12-31 | $0 |
| Other income received | 2008-12-31 | $-92,256 |
| Net income (gross income less expenses) | 2008-12-31 | $-80,377 |
| Net plan assets at end of year (total assets less liabilities) | 2008-12-31 | $249,658 |
| Net plan assets at beginning of year (total assets less liabilities) | 2008-12-31 | $330,035 |
| Assets. Value of participant loans | 2008-12-31 | $51,242 |
| Total contributions received or receivable from employer(s) | 2008-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2008-12-31 | $0 |
| Value of corrective distributions | 2008-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2008-12-31 | $0 |
| 2009: MORTGAGE WORLD BANKERS, INC 401(K) PLAN 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Submission has been amended | No |
| 2009-01-01 | This submission is the final filing | No |
| 2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2009-01-01 | Plan is a collectively bargained plan | No |
| 2009-01-01 | Plan funding arrangement – Insurance | Yes |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2008: MORTGAGE WORLD BANKERS, INC 401(K) PLAN 2008 form 5500 responses |
|---|
| 2008-01-01 | Type of plan entity | Single employer plan |
| 2008-01-01 | Submission has been amended | Yes |
| 2008-01-01 | This submission is the final filing | No |
| 2008-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2008-01-01 | Plan is a collectively bargained plan | No |
| 2008-01-01 | Plan funding arrangement – Insurance | Yes |
| 2008-01-01 | Plan funding arrangement – Trust | Yes |
| 2008-01-01 | Plan benefit arrangement – Insurance | Yes |
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