ASBESTOS WORKERS NY/ NE LOCAL 201 ANNUITY FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ASBESTOS WORKERS NY/NE LOCAL 201 ANNUITY FUND
401k plan membership statisitcs for ASBESTOS WORKERS NY/NE LOCAL 201 ANNUITY FUND
| Measure | Date | Value |
|---|
| 2011 : ASBESTOS WORKERS NY/NE LOCAL 201 ANNUITY FUND 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-05-31 | $8,469 |
| Total unrealized appreciation/depreciation of assets | 2011-05-31 | $8,469 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-05-31 | $26,368 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-05-31 | $8,441 |
| Total income from all sources (including contributions) | 2011-05-31 | $120,823 |
| Total loss/gain on sale of assets | 2011-05-31 | $75,308 |
| Total of all expenses incurred | 2011-05-31 | $544,042 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-05-31 | $508,786 |
| Value of total assets at end of year | 2011-05-31 | $1,496,993 |
| Value of total assets at beginning of year | 2011-05-31 | $1,902,386 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-05-31 | $35,256 |
| Total interest from all sources | 2011-05-31 | $37,046 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-05-31 | No |
| Administrative expenses professional fees incurred | 2011-05-31 | $10,000 |
| Was this plan covered by a fidelity bond | 2011-05-31 | Yes |
| Value of fidelity bond cover | 2011-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-05-31 | No |
| Funding deficiency by the employer to the plan for this plan year | 2011-05-31 | $0 |
| Minimum employer required contribution for this plan year | 2011-05-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2011-05-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-05-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-05-31 | $350,000 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-05-31 | $100,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-05-31 | $26,368 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-05-31 | $8,441 |
| Administrative expenses (other) incurred | 2011-05-31 | $19,975 |
| Total non interest bearing cash at end of year | 2011-05-31 | $67,474 |
| Total non interest bearing cash at beginning of year | 2011-05-31 | $78,841 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-05-31 | No |
| Value of net income/loss | 2011-05-31 | $-423,219 |
| Value of net assets at end of year (total assets less liabilities) | 2011-05-31 | $1,470,625 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-05-31 | $1,893,945 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-05-31 | No |
| Investment advisory and management fees | 2011-05-31 | $5,281 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-05-31 | $93,062 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-05-31 | $183,804 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-05-31 | $183,804 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-05-31 | $37,046 |
| Asset value of US Government securities at end of year | 2011-05-31 | $301,728 |
| Asset value of US Government securities at beginning of year | 2011-05-31 | $587,030 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-05-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-05-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-05-31 | $508,786 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-05-31 | $277,440 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-05-31 | $410,830 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2011-05-31 | $407,289 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-05-31 | $541,881 |
| Did the plan have assets held for investment | 2011-05-31 | 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 | 2011-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-05-31 | No |
| Aggregate proceeds on sale of assets | 2011-05-31 | $1,477,174 |
| Aggregate carrying amount (costs) on sale of assets | 2011-05-31 | $1,401,866 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-05-31 | Unqualified |
| Accountancy firm name | 2011-05-31 | VOLK & VALANE LLC |
| Accountancy firm EIN | 2011-05-31 | 205094634 |
| 2010 : ASBESTOS WORKERS NY/NE LOCAL 201 ANNUITY FUND 2010 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-05-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2010-05-31 | $0 |
| Minimum employer required contribution for this plan year | 2010-05-31 | $47,384 |
| Amount contributed by the employer to the plan for this plan year | 2010-05-31 | $47,384 |
