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Plan Name | THE KOREA TIMES DEFINED BENEFIT PENSION PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | THE KOREA TIMES LOS ANGELES, INC |
Employer identification number (EIN): | 953675935 |
NAIC Classification: | 511110 |
NAIC Description: | Newspaper Publishers |
Additional information about THE KOREA TIMES LOS ANGELES, INC
Jurisdiction of Incorporation: | Georgia Department of States Corporations Division |
Incorporation Date: | 1996-11-13 |
Company Identification Number: | 1000338 |
Legal Registered Office Address: |
6087 BUFORD HWY NE DORAVILLE United States of America (USA) 30340-1305 |
More information about THE KOREA TIMES LOS ANGELES, INC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2020-01-01 | GARY KIM | 2021-07-21 | GARY KIM | 2021-07-21 |
001 | 2019-01-01 | GARY KIM | 2020-10-13 | GARY KIM | 2020-10-13 |
001 | 2018-01-01 | GARY KIM | 2019-10-08 | GARY KIM | 2019-10-08 |
001 | 2017-01-01 | GARY KIM | 2018-10-09 | GARY KIM | 2018-10-09 |
001 | 2016-01-01 | GARY KIM | |||
001 | 2016-01-01 | ||||
001 | 2015-01-01 | GARY KIM | |||
001 | 2014-01-01 | GARY KIM | |||
001 | 2014-01-01 | GARY KIM | |||
001 | 2013-01-01 | GARY KIM | |||
001 | 2012-01-01 | GARY KIM | |||
001 | 2011-01-01 | GARY KIM | |||
001 | 2009-01-01 | GARY KIM | |||
001 | 2009-01-01 | GARY KIM |
Measure | Date | Value |
---|---|---|
2018: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 1,716,696 |
Acturial value of plan assets | 2018-12-31 | 1,716,696 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 771,275 |
Number of terminated vested participants | 2018-12-31 | 35 |
Fundng target for terminated vested participants | 2018-12-31 | 428,888 |
Active participant vested funding target | 2018-12-31 | 155,188 |
Number of active participants | 2018-12-31 | 14 |
Total funding liabilities for active participants | 2018-12-31 | 155,188 |
Total participant count | 2018-12-31 | 94 |
Total funding target for all participants | 2018-12-31 | 1,355,351 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 186,555 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 186,555 |
Amount remaining of prefunding balance | 2018-12-31 | 0 |
Present value of excess contributions | 2018-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 227,299 |
Balance of prefunding at beginning of current year | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 1,516,310 |
Acturial value of plan assets | 2017-12-31 | 1,516,310 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 751,841 |
Number of terminated vested participants | 2017-12-31 | 36 |
Fundng target for terminated vested participants | 2017-12-31 | 390,405 |
Active participant vested funding target | 2017-12-31 | 196,164 |
Number of active participants | 2017-12-31 | 15 |
Total funding liabilities for active participants | 2017-12-31 | 196,164 |
Total participant count | 2017-12-31 | 97 |
Total funding target for all participants | 2017-12-31 | 1,338,410 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 177,688 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 0 |
Amount remaining of carryover balance | 2017-12-31 | 177,688 |
Amount remaining of prefunding balance | 2017-12-31 | 0 |
Present value of excess contributions | 2017-12-31 | 93,675 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 99,258 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 186,555 |
Balance of prefunding at beginning of current year | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 1,783,504 |
Acturial value of plan assets | 2016-12-31 | 1,783,504 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 236,791 |
Number of terminated vested participants | 2016-12-31 | 53 |
Fundng target for terminated vested participants | 2016-12-31 | 532,390 |
Active participant vested funding target | 2016-12-31 | 807,103 |
Number of active participants | 2016-12-31 | 46 |
Total funding liabilities for active participants | 2016-12-31 | 807,103 |
Total participant count | 2016-12-31 | 122 |
Total funding target for all participants | 2016-12-31 | 1,576,284 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 176,892 |
Amount remaining of carryover balance | 2016-12-31 | 176,892 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 123,860 |
Balance of carryovers at beginning of current year | 2016-12-31 | 177,688 |
Total employer contributions | 2016-12-31 | 100,000 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 93,675 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 93,675 |
Total participants, beginning-of-year | 2016-01-01 | 122 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 15 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 46 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 36 |
Total of all active and inactive participants | 2016-01-01 | 97 |
Total participants | 2016-01-01 | 97 |
2015: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 161 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 22 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 46 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 54 |
Total of all active and inactive participants | 2015-01-01 | 122 |
Total participants | 2015-01-01 | 122 |
2014: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 161 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 31 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 44 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 86 |
Total of all active and inactive participants | 2014-01-01 | 161 |
Total participants | 2014-01-01 | 161 |
2013: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 161 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 31 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 43 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 87 |
Total of all active and inactive participants | 2013-01-01 | 161 |
Total participants | 2013-01-01 | 161 |
2012: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 163 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 31 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 43 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 87 |
Total of all active and inactive participants | 2012-01-01 | 161 |
Total participants | 2012-01-01 | 161 |
2011: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 163 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 31 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 43 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 87 |
Total of all active and inactive participants | 2011-01-01 | 161 |
Total participants | 2011-01-01 | 161 |
2009: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 164 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 31 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 38 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 94 |
Total of all active and inactive participants | 2009-01-01 | 163 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 1 |
Total participants | 2009-01-01 | 164 |
Measure | Date | Value |
---|---|---|
2016 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2016 401k financial data | ||
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $1,595 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $45,967 |
Total income from all sources (including contributions) | 2016-12-31 | $168,267 |
Total loss/gain on sale of assets | 2016-12-31 | $-10,575 |
Total of all expenses incurred | 2016-12-31 | $445,261 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $445,261 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $100,000 |
Value of total assets at end of year | 2016-12-31 | $1,516,209 |
Value of total assets at beginning of year | 2016-12-31 | $1,837,575 |
Total interest from all sources | 2016-12-31 | $2 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $44,985 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $44,985 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $150,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $1,595 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $45,967 |
Total non interest bearing cash at end of year | 2016-12-31 | $-1,102 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $-27,223 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $-276,994 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,514,614 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $1,791,608 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $1,433,407 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $1,695,143 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $13,904 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $79,655 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $79,655 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $2 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $33,855 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $100,000 |
Employer contributions (assets) at end of year | 2016-12-31 | $70,000 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $445,261 |
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 | 2016-12-31 | No |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $330,000 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $340,575 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
Accountancy firm name | 2016-12-31 | AHLSTROM & BAKER |
Accountancy firm EIN | 2016-12-31 | 330138137 |
2015 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2015 401k financial data | ||
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $45,967 |
Total income from all sources (including contributions) | 2015-12-31 | $128,120 |
Total loss/gain on sale of assets | 2015-12-31 | $-3,985 |
Total of all expenses incurred | 2015-12-31 | $357,986 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $357,986 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $120,000 |
Value of total assets at end of year | 2015-12-31 | $1,837,575 |
Value of total assets at beginning of year | 2015-12-31 | $2,021,474 |
Total interest from all sources | 2015-12-31 | $19 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $83,577 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $83,577 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $150,000 |
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 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $45,967 |
Total non interest bearing cash at end of year | 2015-12-31 | $-27,223 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $-364 |
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 | $-229,866 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $1,791,608 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $2,021,474 |
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 in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $1,695,143 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $1,772,531 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $79,655 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $159,307 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $159,307 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $19 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-71,491 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
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 | $120,000 |
Employer contributions (assets) at end of year | 2015-12-31 | $90,000 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $357,986 |
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 |
Aggregate proceeds on sale of assets | 2015-12-31 | $84,822 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $88,807 |
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 | AHLSTROM & BAKER |
Accountancy firm EIN | 2015-12-31 | 330138137 |
2014 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2014 401k financial data | ||
Total income from all sources (including contributions) | 2014-12-31 | $195,467 |
Total loss/gain on sale of assets | 2014-12-31 | $-181 |
Total of all expenses incurred | 2014-12-31 | $77,278 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $77,278 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $120,000 |
Value of total assets at end of year | 2014-12-31 | $2,021,474 |
Value of total assets at beginning of year | 2014-12-31 | $1,903,285 |
Total interest from all sources | 2014-12-31 | $58 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $108,554 |
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 | $108,554 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $150,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Total non interest bearing cash at end of year | 2014-12-31 | $-364 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $-242 |
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 | $118,189 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $2,021,474 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $1,903,285 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $1,772,531 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $1,424,662 |
Value of interest in common/collective trusts at end 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 | $159,307 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $388,865 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $388,865 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $58 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $-32,964 |
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 | $120,000 |
Employer contributions (assets) at end of year | 2014-12-31 | $90,000 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $77,278 |
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 | $25,619 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $25,800 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
Accountancy firm name | 2014-12-31 | AHLSTROM & BAKER |
Accountancy firm EIN | 2014-12-31 | 330138137 |
2013 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2013 401k financial data | ||
Total income from all sources (including contributions) | 2013-12-31 | $354,766 |
Total of all expenses incurred | 2013-12-31 | $77,027 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $77,027 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $120,000 |
Value of total assets at end of year | 2013-12-31 | $1,903,285 |
Value of total assets at beginning of year | 2013-12-31 | $1,625,546 |
Total interest from all sources | 2013-12-31 | $74 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $53,352 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $53,352 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $150,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $104 |
Other income not declared elsewhere | 2013-12-31 | $501 |
Total non interest bearing cash at end of year | 2013-12-31 | $-242 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $-624 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $277,739 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $1,903,285 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $1,625,546 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $1,424,662 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $1,193,033 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $388,865 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $343,033 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $343,033 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $74 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $180,839 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $120,000 |
Employer contributions (assets) at end of year | 2013-12-31 | $90,000 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $77,027 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
Accountancy firm name | 2013-12-31 | AHLSTROM & BAKER |
Accountancy firm EIN | 2013-12-31 | 330138137 |
2012 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2012 401k financial data | ||
Total income from all sources (including contributions) | 2012-12-31 | $285,947 |
Total of all expenses incurred | 2012-12-31 | $78,649 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $78,649 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $120,000 |
Value of total assets at end of year | 2012-12-31 | $1,625,546 |
Value of total assets at beginning of year | 2012-12-31 | $1,418,248 |
Total interest from all sources | 2012-12-31 | $64 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $22,973 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $22,973 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $150,000 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $104 |
Total non interest bearing cash at end of year | 2012-12-31 | $-624 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $-1,527 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $207,298 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $1,625,546 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $1,418,248 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $1,193,033 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $1,029,849 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $343,033 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $299,926 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $299,926 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $64 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $142,910 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $120,000 |
Employer contributions (assets) at end of year | 2012-12-31 | $90,000 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $78,649 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
Accountancy firm name | 2012-12-31 | AHLSTROM & BAKER |
Accountancy firm EIN | 2012-12-31 | 330138137 |
2011 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2011 401k financial data | ||
Total income from all sources (including contributions) | 2011-12-31 | $74,679 |
Total of all expenses incurred | 2011-12-31 | $78,749 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $78,749 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $120,000 |
Value of total assets at end of year | 2011-12-31 | $1,418,248 |
Value of total assets at beginning of year | 2011-12-31 | $1,422,318 |
Total interest from all sources | 2011-12-31 | $275 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $18,877 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $18,877 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $150,000 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Total non interest bearing cash at end of year | 2011-12-31 | $-1,527 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $32 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-4,070 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $1,418,248 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,422,318 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $1,029,849 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,037,007 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $299,926 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $295,279 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $295,279 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $275 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-64,473 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $120,000 |
Employer contributions (assets) at end of year | 2011-12-31 | $90,000 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $78,749 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
Accountancy firm name | 2011-12-31 | AHLSTROM & BAKER |
Accountancy firm EIN | 2011-12-31 | 330138137 |
2010 : THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2010 401k financial data | ||
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $2,150 |
Total income from all sources (including contributions) | 2010-12-31 | $249,473 |
Total of all expenses incurred | 2010-12-31 | $82,795 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $78,795 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $120,000 |
Value of total assets at end of year | 2010-12-31 | $1,422,318 |
Value of total assets at beginning of year | 2010-12-31 | $1,257,790 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $4,000 |
Total interest from all sources | 2010-12-31 | $442 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $17,530 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $17,530 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $130,000 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $2,150 |
Total non interest bearing cash at end of year | 2010-12-31 | $32 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $235 |
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 | $166,678 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,422,318 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,255,640 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,037,007 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $912,412 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $295,279 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $255,143 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $255,143 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $442 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $111,501 |
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 | $120,000 |
Employer contributions (assets) at end of year | 2010-12-31 | $90,000 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $90,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $78,795 |
Contract administrator fees | 2010-12-31 | $4,000 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 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 | No |
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 | AHLSTROM & BAKER |
Accountancy firm EIN | 2010-12-31 | 330138137 |
2016: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2016 form 5500 responses | ||
---|---|---|
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Single employer plan |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Single employer plan |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Single employer plan |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2009: THE KOREA TIMES DEFINED BENEFIT PENSION PLAN 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |