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FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 401k Plan overview

Plan NameFLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE
Plan identification number 001

FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

CHICAGO URBAN LEAGUE has sponsored the creation of one or more 401k plans.

Company Name:CHICAGO URBAN LEAGUE
Employer identification number (EIN):362225483
NAIC Classification:812990
NAIC Description:All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01LAWRENCE WITRY LAWRENCE WITRY2016-05-09
0012012-01-01LAWRENCE WITRY
0012011-01-01LAWRENCE WITRY
0012010-01-01LAWRENCE WITRY
0012009-01-01LAWRENCE WITRY

Plan Statistics for FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE

401k plan membership statisitcs for FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE

Measure Date Value
2013: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2013 401k membership
Total participants, beginning-of-year2013-01-01127
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2012 401k membership
Total participants, beginning-of-year2012-01-01124
Total number of active participants reported on line 7a of the Form 55002012-01-0142
Number of other retired or separated participants entitled to future benefits2012-01-0185
Total of all active and inactive participants2012-01-01127
Total participants2012-01-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2011: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2011 401k membership
Total participants, beginning-of-year2011-01-01124
Total number of active participants reported on line 7a of the Form 55002011-01-0141
Number of other retired or separated participants entitled to future benefits2011-01-0183
Total of all active and inactive participants2011-01-01124
Total participants2011-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2010: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2010 401k membership
Total participants, beginning-of-year2010-01-01133
Total number of active participants reported on line 7a of the Form 55002010-01-0140
Number of other retired or separated participants entitled to future benefits2010-01-0184
Total of all active and inactive participants2010-01-01124
Total participants2010-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2009 401k membership
Total participants, beginning-of-year2009-01-01130
Total number of active participants reported on line 7a of the Form 55002009-01-0151
Number of other retired or separated participants entitled to future benefits2009-01-0182
Total of all active and inactive participants2009-01-01133
Total participants2009-01-01133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE

Measure Date Value
2013 : FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-08-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-08-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-08-31$0
Total income from all sources (including contributions)2013-08-31$241,764
Total loss/gain on sale of assets2013-08-31$0
Total of all expenses incurred2013-08-31$4,352,377
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-08-31$613,268
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-08-31$48,012
Value of total assets at end of year2013-08-31$0
Value of total assets at beginning of year2013-08-31$4,110,613
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-08-31$3,739,109
Total interest from all sources2013-08-31$17,400
Total dividends received (eg from common stock, registered investment company shares)2013-08-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-08-31No
Was this plan covered by a fidelity bond2013-08-31No
If this is an individual account plan, was there a blackout period2013-08-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-08-31$0
Were there any nonexempt tranactions with any party-in-interest2013-08-31No
Contributions received from participants2013-08-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-08-31$0
Other income not declared elsewhere2013-08-31$2,407
Administrative expenses (other) incurred2013-08-31$3,739,109
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-08-31No
Income. Non cash contributions2013-08-31$0
Value of net income/loss2013-08-31$-4,110,613
Value of net assets at end of year (total assets less liabilities)2013-08-31$0
Value of net assets at beginning of year (total assets less liabilities)2013-08-31$4,110,613
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-08-31No
Were any leases to which the plan was party in default or uncollectible2013-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-08-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-08-31$1,267,810
Interest earned on other investments2013-08-31$17,400
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-08-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-08-31$2,828,860
Expenses. Payments to insurance carriers foe the provision of benefits2013-08-31$454,970
Net investment gain/loss from pooled separate accounts2013-08-31$173,945
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-08-31No
Was there a failure to transmit to the plan any participant contributions2013-08-31No
Has the plan failed to provide any benefit when due under the plan2013-08-31No
Contributions received in cash from employer2013-08-31$48,012
Employer contributions (assets) at beginning of year2013-08-31$13,943
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-08-31$158,298
Did the plan have assets held for investment2013-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-08-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-08-31Yes
Opinion of an independent qualified public accountant for this plan2013-08-31Disclaimer
Accountancy firm name2013-08-31ODELL HICKS AND COMPANY LLC
Accountancy firm EIN2013-08-31363310351
2012 : FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$269,579
Total of all expenses incurred2012-12-31$451,931
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$451,681
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$71,773
Value of total assets at end of year2012-12-31$4,110,614
Value of total assets at beginning of year2012-12-31$4,292,966
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$250
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$250
Was this plan covered by a fidelity bond2012-12-31No
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$13,018
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-182,352
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,110,614
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,292,966
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in pooled separate accounts at end of year2012-12-31$1,267,811
Value of interest in pooled separate accounts at beginning of year2012-12-31$1,203,989
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$2,828,860
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$3,078,460
Net investment gain/loss from pooled separate accounts2012-12-31$197,806
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$71,773
Employer contributions (assets) at end of year2012-12-31$13,943
Employer contributions (assets) at beginning of year2012-12-31$10,517
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$438,663
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31ODELL HICKS & COMPANY, LLC
Accountancy firm EIN2012-12-31363310351
2011 : FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$93,195
Total of all expenses incurred2011-12-31$872,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$872,043
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$63,091
Value of total assets at end of year2011-12-31$4,292,966
Value of total assets at beginning of year2011-12-31$5,072,014
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$200
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$200
Was this plan covered by a fidelity bond2011-12-31No
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$4,961
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-779,048
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,292,966
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$5,072,014
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in pooled separate accounts at end of year2011-12-31$1,203,989
Value of interest in pooled separate accounts at beginning of year2011-12-31$1,395,169
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$3,078,460
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$3,656,845
Net investment gain/loss from pooled separate accounts2011-12-31$30,104
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$63,091
Employer contributions (assets) at end of year2011-12-31$10,517
Employer contributions (assets) at beginning of year2011-12-31$20,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$867,082
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31ODELL HICKS & COMPANY, LLC
Accountancy firm EIN2011-12-31363310351
2010 : FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2010 401k financial data
Total income from all sources (including contributions)2010-12-31$364,483
Total of all expenses incurred2010-12-31$295,637
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$295,387
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$85,708
Value of total assets at end of year2010-12-31$5,072,014
Value of total assets at beginning of year2010-12-31$5,003,168
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$250
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$250
Was this plan covered by a fidelity bond2010-12-31No
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
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$45,223
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$68,846
Value of net assets at end of year (total assets less liabilities)2010-12-31$5,072,014
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$5,003,168
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 pooled separate accounts at end of year2010-12-31$1,395,169
Value of interest in pooled separate accounts at beginning of year2010-12-31$1,243,483
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$3,656,845
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$3,759,685
Net investment gain/loss from pooled separate accounts2010-12-31$278,775
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
Contributions received in cash from employer2010-12-31$85,708
Employer contributions (assets) at end of year2010-12-31$20,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$250,164
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 investment2010-12-31Yes
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 PBGC2010-12-31No
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 name2010-12-31ODELL HICKS & COMPANY, LLC
Accountancy firm EIN2010-12-31363310351

Form 5500 Responses for FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE

2013: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingYes
2013-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: FLEXIBLE ANNUITY DC PLAN OF CHICAGO URBAN LEAGUE 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

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