UNITED BUSINESS WORKERS OF AMERICA HEALTH & WELFARE FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UNITED BUSINESS WORKERS OF AMERICA HEALTH & WELFARE FUND
401k plan membership statisitcs for UNITED BUSINESS WORKERS OF AMERICA HEALTH & WELFARE FUND
| Measure | Date | Value |
|---|
| 2011 : UNITED BUSINESS WORKERS OF AMERICA HEALTH & WELFARE FUND 2011 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $10,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $229,048 |
| Total income from all sources (including contributions) | 2011-12-31 | $1,912,157 |
| Total of all expenses incurred | 2011-12-31 | $1,884,538 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,865,038 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,912,157 |
| Value of total assets at end of year | 2011-12-31 | $10,000 |
| Value of total assets at beginning of year | 2011-12-31 | $201,429 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $19,500 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $7,500 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $250,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $1,912,157 |
| Administrative expenses (other) incurred | 2011-12-31 | $12,000 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $10,000 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $15,000 |
| Total non interest bearing cash at end of year | 2011-12-31 | $1,992 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $13,113 |
| 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 | $27,619 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $-27,619 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $1,865,038 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| 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 |
| Employer contributions (assets) at end of year | 2011-12-31 | $8,008 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $188,316 |
| Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $214,048 |
| Did the plan have assets held for investment | 2011-12-31 | No |
| 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 | SCHRECK AND COMPANY CPA, P.C. |
| Accountancy firm EIN | 2011-12-31 | 133482793 |
| 2010 : UNITED BUSINESS WORKERS OF AMERICA HEALTH & WELFARE FUND 2010 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $229,048 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $319,974 |
| Total income from all sources (including contributions) | 2010-12-31 | $3,067,628 |
| Total of all expenses incurred | 2010-12-31 | $3,075,206 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $3,067,628 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $3,067,628 |
| Value of total assets at end of year | 2010-12-31 | $201,429 |
| Value of total assets at beginning of year | 2010-12-31 | $299,933 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $7,578 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $7,500 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $250,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $3,067,628 |
| Administrative expenses (other) incurred | 2010-12-31 | $78 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $15,000 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $15,000 |
| Total non interest bearing cash at end of year | 2010-12-31 | $13,113 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $1,890 |
| 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 | $-7,578 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $-27,619 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $-20,041 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $3,067,628 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| 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 |
| Employer contributions (assets) at end of year | 2010-12-31 | $188,316 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $298,043 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $214,048 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $304,974 |
| Did the plan have assets held for investment | 2010-12-31 | No |
| 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 | SCHRECK AND COMPANY CPA, P.C. |
| Accountancy firm EIN | 2010-12-31 | 133482793 |
