BOARD OF TRUSTEES LOCAL 639 LEGAL SERVICES FUND has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2015 : LOCAL 639 LEGAL SERVICES FUND 2015 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $43,175 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $36,402 |
| Total income from all sources (including contributions) | 2015-12-31 | $202,221 |
| Total of all expenses incurred | 2015-12-31 | $162,821 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $90,516 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $192,805 |
| Value of total assets at end of year | 2015-12-31 | $1,110,247 |
| Value of total assets at beginning of year | 2015-12-31 | $1,064,074 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $72,305 |
| Total interest from all sources | 2015-12-31 | $9,416 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $14,117 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $7,867 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $3,526 |
| Administrative expenses (other) incurred | 2015-12-31 | $29,316 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $9,159 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $401 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $39,400 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $1,067,072 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $1,027,672 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $1,083,985 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $1,038,023 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $1,038,023 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $9,416 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $192,805 |
| Employer contributions (assets) at end of year | 2015-12-31 | $18,395 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $22,525 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $90,516 |
| Contract administrator fees | 2015-12-31 | $28,872 |
| 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 | 2015-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $34,016 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $36,001 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | SALTER & COMPANY, LLC |
| Accountancy firm EIN | 2015-12-31 | 208078757 |
