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SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 401k Plan overview

Plan NameSOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN
Plan identification number 001

SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC.
Employer identification number (EIN):061133433
NAIC Classification:522300
NAIC Description: Activities Related to Credit Intermediation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-03-01DAVID KASOWITZ
0012010-03-01DAVID KASOWITZ
0012009-03-01DAVID KASOWITZ

Plan Statistics for SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN

401k plan membership statisitcs for SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN

Measure Date Value
2011: SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-03-012
Total number of active participants reported on line 7a of the Form 55002011-03-010
Number of retired or separated participants receiving benefits2011-03-010
Number of other retired or separated participants entitled to future benefits2011-03-010
Total of all active and inactive participants2011-03-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-03-010
Total participants2011-03-010
Number of participants with account balances2011-03-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-03-010
2010: SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-03-012
Total number of active participants reported on line 7a of the Form 55002010-03-012
Number of retired or separated participants receiving benefits2010-03-010
Number of other retired or separated participants entitled to future benefits2010-03-010
Total of all active and inactive participants2010-03-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-03-010
Total participants2010-03-012
Number of participants with account balances2010-03-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-03-010
2009: SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-03-012
Total number of active participants reported on line 7a of the Form 55002009-03-012
Number of retired or separated participants receiving benefits2009-03-010
Number of other retired or separated participants entitled to future benefits2009-03-010
Total of all active and inactive participants2009-03-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-03-010
Total participants2009-03-012
Number of participants with account balances2009-03-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-03-010

Financial Data on SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN

Measure Date Value
2012 : SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2012 401k financial data
Transfers to/from the plan2012-02-29$0
Total plan liabilities at end of year2012-02-29$0
Total plan liabilities at beginning of year2012-02-29$0
Total income from all sources2012-02-29$40,023
Expenses. Total of all expenses incurred2012-02-29$1,644,182
Benefits paid (including direct rollovers)2012-02-29$1,632,908
Total plan assets at end of year2012-02-29$0
Total plan assets at beginning of year2012-02-29$1,604,159
Total contributions received or receivable from participants2012-02-29$0
Assets. Value of loans (other than to participants)2012-02-29$0
Expenses. Other expenses not covered elsewhere2012-02-29$0
Contributions received from other sources (not participants or employers)2012-02-29$0
Other income received2012-02-29$40,023
Noncash contributions received2012-02-29$0
Net income (gross income less expenses)2012-02-29$-1,604,159
Net plan assets at end of year (total assets less liabilities)2012-02-29$0
Net plan assets at beginning of year (total assets less liabilities)2012-02-29$1,604,159
Total contributions received or receivable from employer(s)2012-02-29$0
Value of certain deemed distributions of participant loans2012-02-29$0
Value of corrective distributions2012-02-29$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-02-29$11,274
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-02-29$1,081,354
Funding deficiency by the employer to the plan for this plan year2012-02-29$0
Minimum employer required contribution for this plan year2012-02-29$0
Amount contributed by the employer to the plan for this plan year2012-02-29$0
2011 : SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2011 401k financial data
Transfers to/from the plan2011-02-28$0
Total plan liabilities at end of year2011-02-28$0
Total plan liabilities at beginning of year2011-02-28$0
Total income from all sources2011-02-28$100,502
Expenses. Total of all expenses incurred2011-02-28$677,993
Benefits paid (including direct rollovers)2011-02-28$662,278
Total plan assets at end of year2011-02-28$1,604,159
Total plan assets at beginning of year2011-02-28$2,181,650
Assets. Value of loans (other than to participants)2011-02-28$1,320,262
Other income received2011-02-28$100,502
Net income (gross income less expenses)2011-02-28$-577,491
Net plan assets at end of year (total assets less liabilities)2011-02-28$1,604,159
Net plan assets at beginning of year (total assets less liabilities)2011-02-28$2,181,650
Expenses. Administrative service providers (salaries,fees and commissions)2011-02-28$15,715
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-02-28$66,853
Funding deficiency by the employer to the plan for this plan year2011-02-28$0
Minimum employer required contribution for this plan year2011-02-28$0
Amount contributed by the employer to the plan for this plan year2011-02-28$0
2010 : SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-02-28$0
Funding deficiency by the employer to the plan for this plan year2010-02-28$0
Minimum employer required contribution for this plan year2010-02-28$15,567
Amount contributed by the employer to the plan for this plan year2010-02-28$15,567

Form 5500 Responses for SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN

2011: SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2011 form 5500 responses
2011-03-01Type of plan entitySingle employer plan
2011-03-01Submission has been amendedNo
2011-03-01This submission is the final filingYes
2011-03-01This return/report is a short plan year return/report (less than 12 months)No
2011-03-01Plan is a collectively bargained planNo
2011-03-01Plan funding arrangement – TrustYes
2011-03-01Plan benefit arrangement - TrustYes
2010: SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2010 form 5500 responses
2010-03-01Type of plan entitySingle employer plan
2010-03-01Submission has been amendedNo
2010-03-01This submission is the final filingNo
2010-03-01This return/report is a short plan year return/report (less than 12 months)No
2010-03-01Plan is a collectively bargained planNo
2010-03-01Plan funding arrangement – TrustYes
2010-03-01Plan benefit arrangement - TrustYes
2009: SOUTHERN CONNECTICUT FINANCIAL SERVICES, INC. MONEY PURCHASE PENSION PLAN 2009 form 5500 responses
2009-03-01Type of plan entitySingle employer plan
2009-03-01Submission has been amendedNo
2009-03-01This submission is the final filingNo
2009-03-01This return/report is a short plan year return/report (less than 12 months)No
2009-03-01Plan is a collectively bargained planNo
2009-03-01Plan funding arrangement – TrustYes
2009-03-01Plan benefit arrangement - TrustYes

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