SAS INSTITUTE INC VOLUNTARY EMPLOYEE BENEFICIARY ASSOC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SAS INSTITUTE INC WELFARE BENEFITS PLAN
| Measure | Date | Value |
|---|
| 2010: SAS INSTITUTE INC WELFARE BENEFITS PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-01-01 | 5,430 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 5,483 |
| Number of retired or separated participants receiving benefits | 2010-01-01 | 17 |
| Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 69 |
| Total of all active and inactive participants | 2010-01-01 | 5,569 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 3 |
| Total participants | 2010-01-01 | 5,572 |
| 2009: SAS INSTITUTE INC WELFARE BENEFITS PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 5,638 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 5,334 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 30 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 62 |
| Total of all active and inactive participants | 2009-01-01 | 5,426 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 4 |
| Total participants | 2009-01-01 | 5,430 |
| Measure | Date | Value |
|---|
| 2010 : SAS INSTITUTE INC WELFARE BENEFITS PLAN 2010 401k financial data |
|---|
| Total income from all sources (including contributions) | 2010-12-31 | $61,123,869 |
| Total of all expenses incurred | 2010-12-31 | $72,306,073 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $72,306,073 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $61,112,923 |
| Value of total assets at beginning of year | 2010-12-31 | $11,182,204 |
| Total interest from all sources | 2010-12-31 | $10,946 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $13,737,534 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $7,680,098 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $1,650,241 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $-11,182,204 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $11,182,204 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $9,531,963 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $9,531,963 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $10,946 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $47,375,389 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $64,625,975 |
| Did the plan have assets held for investment | 2010-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | MCGLADREY & PULLEN, LLP |
| Accountancy firm EIN | 2010-12-31 | 420714325 |
Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.
See full terms and conditions
