FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN 401k Plan overview
| Plan Name | FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN |
| Plan identification number | 001 |
FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN Benefits
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits | - Money purchase (other than target benefit)
- ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
- Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
- 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.
- Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
|
401k Sponsoring company profile
FINANCIAL SECURITY ASSURANCE, INC. has sponsored the creation of one or more 401k plans.
Additional information about FINANCIAL SECURITY ASSURANCE, INC.
| Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
| Incorporation Date: | 1979-06-12 |
| Company Identification Number: | 625556 |
| Legal Registered Office Address: |
3901 SHERIDAN STREET
HOLLYWOOD
33021
|
More information about FINANCIAL SECURITY ASSURANCE, INC.
Form 5500 Filing Information
Submission information for form 5500 for 401k plan FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|
| 001 | 2009-01-01 | PETER SWETZ | | | |
Plan Statistics for FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN
401k plan membership statisitcs for FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN
| Measure | Date | Value |
|---|
| 2009: FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 342 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 0 |
| Total of all active and inactive participants | 2009-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 0 |
| Number of participants with account balances | 2009-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
Financial Data on FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN
| Measure | Date | Value |
|---|
| 2009 : FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2009-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2009-12-31 | $2,535,924 |
| Amount contributed by the employer to the plan for this plan year | 2009-12-31 | $2,535,924 |
Form 5500 Responses for FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN
| 2009: FINANCIAL SECURITY ASSURANCE INC. MONEY PURCHASE PLAN 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Submission has been amended | No |
| 2009-01-01 | This submission is the final filing | Yes |
| 2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement - Trust | Yes |
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