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Plan Name | EMPLOYEES BENEFICIAL ASSOCIATION FOR PGE |
Plan identification number | 509 |
401k Plan Type | Welfare Benefit |
Plan Features/Benefits |
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Company Name: | PORTLAND GENERAL ELECTRIC COMPANY |
Employer identification number (EIN): | 930256820 |
NAIC Classification: | 221100 |
Additional information about PORTLAND GENERAL ELECTRIC COMPANY
Jurisdiction of Incorporation: | Oregon Secretary of State Corporations Division |
Incorporation Date: | 2030-07-25 |
Company Identification Number: | 3414216 |
Legal Registered Office Address: |
121 SW SALMON ST PORTLAND United States of America (USA) 97204 |
More information about PORTLAND GENERAL ELECTRIC COMPANY
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
509 | 2010-01-01 | JIM SWEET | |||
509 | 2009-01-01 | JIM SWEET |
Measure | Date | Value |
---|---|---|
2010: EMPLOYEES BENEFICIAL ASSOCIATION FOR PGE 2010 401k membership | ||
Total participants, beginning-of-year | 2010-01-01 | 1,323 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
Total of all active and inactive participants | 2010-01-01 | 0 |
2009: EMPLOYEES BENEFICIAL ASSOCIATION FOR PGE 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 1,332 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 905 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 418 |
Total of all active and inactive participants | 2009-01-01 | 1,323 |
Measure | Date | Value |
---|---|---|
2010 : EMPLOYEES BENEFICIAL ASSOCIATION FOR PGE 2010 401k financial data | ||
Total transfer of assets from this plan | 2010-12-31 | $72,671 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $125,499 |
Total income from all sources (including contributions) | 2010-12-31 | $1,039 |
Total of all expenses incurred | 2010-12-31 | $1,152,585 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $988,649 |
Value of total assets at beginning of year | 2010-12-31 | $1,349,716 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $163,936 |
Total interest from all sources | 2010-12-31 | $1,039 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2010-12-31 | $0 |
Administrative expenses professional fees incurred | 2010-12-31 | $78,489 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Participant contributions at beginning of year | 2010-12-31 | $95 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $63,004 |
Administrative expenses (other) incurred | 2010-12-31 | $85,447 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $125,499 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $163 |
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 | $-1,151,546 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,224,217 |
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 | $1,286,454 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $1,286,454 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $1,039 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $988,649 |
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 | 2010-12-31 | No |
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 | THE WEL GROUP, INC. |
Accountancy firm EIN | 2010-12-31 | 202978606 |
2010: EMPLOYEES BENEFICIAL ASSOCIATION FOR PGE 2010 form 5500 responses | ||
---|---|---|
2010-01-01 | Type of plan entity | Single employer plan |
2010-01-01 | This submission is the final filing | Yes |
2010-01-01 | Plan funding arrangement – Trust | Yes |
2010-01-01 | Plan benefit arrangement - Trust | Yes |
2009: EMPLOYEES BENEFICIAL ASSOCIATION FOR PGE 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |