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MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN 401k Plan overview

Plan NameMUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN
Plan identification number 001

MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.

401k Sponsoring company profile

MUSEUM OF FINE ARTS has sponsored the creation of one or more 401k plans.

Company Name:MUSEUM OF FINE ARTS
Employer identification number (EIN):042103607
NAIC Classification:712100
NAIC Description: Museums, Historical Sites, and Similar Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01MARK KERWIN MARK KERWIN2010-09-17
0012009-01-01MARK KERWIN MARK KERWIN2010-09-20

Plan Statistics for MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN

401k plan membership statisitcs for MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN

Measure Date Value
2009: MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,381
Total number of active participants reported on line 7a of the Form 55002009-01-011,162
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01154
Total of all active and inactive participants2009-01-011,316
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-011,316
Number of participants with account balances2009-01-01385
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN

Measure Date Value
2010 : MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN 2010 401k financial data
Total transfer of assets from this plan2010-12-31$17,469,660
Total income from all sources (including contributions)2010-12-31$2,503,751
Total of all expenses incurred2010-12-31$501,235
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$501,230
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,352,848
Value of total assets at end of year2010-12-31$0
Value of total assets at beginning of year2010-12-31$15,467,144
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$5
Total interest from all sources2010-12-31$124,415
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$58,221
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2010-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$58,221
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,027,044
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$868
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$325,804
Administrative expenses (other) incurred2010-12-31$5
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$2,002,516
Value of net assets at end of year (total assets less liabilities)2010-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$15,467,144
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$10,231,347
Value of interest in pooled separate accounts at end of year2010-12-31$0
Value of interest in pooled separate accounts at beginning of year2010-12-31$465,278
Interest earned on other investments2010-12-31$124,400
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$283,175
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$283,175
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$15
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$4,486,476
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$920,479
Net investment gain/loss from pooled separate accounts2010-12-31$47,788
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$501,230
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31ALEXANDER, ARONSON, FINNING & CO.
Accountancy firm EIN2010-12-31042571780

Form 5500 Responses for MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN

2009: MUSEUM OF FINE ARTS TAX-DEFERRED ANNUITY PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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