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SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 401k Plan overview

Plan NameSOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN
Plan identification number 002

SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Profit-sharing
  • 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(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

401k Sponsoring company profile

TRUSTEES OF SOUTH CENTRAL MINNESOTA ELEC WORKERS RETIREMENT AND 401(K) has sponsored the creation of one or more 401k plans.

Company Name:TRUSTEES OF SOUTH CENTRAL MINNESOTA ELEC WORKERS RETIREMENT AND 401(K)
Employer identification number (EIN):411390063
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-07-01
0022021-07-01
0022020-07-01
0022019-07-01
0022018-07-01
0022017-07-01
0022016-07-01STEVEN OLSON DAVID MANDERSON2018-04-16
0022015-07-01STEVEN OLSON DAVID MANDERSON2017-04-15
0022014-07-01STEVEN OLSON DAVID MANDERSON2016-03-07
0022013-07-01STEVEN OLSON DAVID MANDERSON2015-01-16
0022012-07-01STEVEN OLSON DAVID MANDERSON2014-02-12
0022011-07-01STEVEN OLSON JEFFREY OHMAN2013-01-28
0022009-07-01STEVEN OLSON JEFFREY OHMAN2011-04-14

Plan Statistics for SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN

401k plan membership statisitcs for SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN

Measure Date Value
2022: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-07-011,537
Total number of active participants reported on line 7a of the Form 55002022-07-011,480
Number of retired or separated participants receiving benefits2022-07-0123
Total of all active and inactive participants2022-07-011,503
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-07-013
Total participants2022-07-011,506
Number of participants with account balances2022-07-011,506
Number of employers contributing to the scheme2022-07-0169
2021: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-07-011,483
Total number of active participants reported on line 7a of the Form 55002021-07-011,514
Number of retired or separated participants receiving benefits2021-07-0118
Total of all active and inactive participants2021-07-011,532
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-07-015
Total participants2021-07-011,537
Number of participants with account balances2021-07-011,514
Number of employers contributing to the scheme2021-07-0175
2020: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-011,564
Total number of active participants reported on line 7a of the Form 55002020-07-011,465
Number of retired or separated participants receiving benefits2020-07-0115
Total of all active and inactive participants2020-07-011,480
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-013
Total participants2020-07-011,483
Number of participants with account balances2020-07-011,465
Number of employers contributing to the scheme2020-07-0167
2019: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-011,570
Total number of active participants reported on line 7a of the Form 55002019-07-011,517
Number of retired or separated participants receiving benefits2019-07-0114
Number of other retired or separated participants entitled to future benefits2019-07-0130
Total of all active and inactive participants2019-07-011,561
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-013
Total participants2019-07-011,564
Number of participants with account balances2019-07-011,517
Number of employers contributing to the scheme2019-07-0162
2018: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-011,513
Total number of active participants reported on line 7a of the Form 55002018-07-011,513
Number of retired or separated participants receiving benefits2018-07-0111
Number of other retired or separated participants entitled to future benefits2018-07-0144
Total of all active and inactive participants2018-07-011,568
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-012
Total participants2018-07-011,570
Number of participants with account balances2018-07-011,513
Number of employers contributing to the scheme2018-07-0165
2017: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-011,512
Total number of active participants reported on line 7a of the Form 55002017-07-011,452
Number of retired or separated participants receiving benefits2017-07-0110
Number of other retired or separated participants entitled to future benefits2017-07-0151
Total of all active and inactive participants2017-07-011,513
Total participants2017-07-011,513
Number of participants with account balances2017-07-011,449
Number of employers contributing to the scheme2017-07-0168
2016: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-011,415
Total number of active participants reported on line 7a of the Form 55002016-07-011,452
Number of retired or separated participants receiving benefits2016-07-0111
Number of other retired or separated participants entitled to future benefits2016-07-0149
Total of all active and inactive participants2016-07-011,512
Total participants2016-07-011,512
Number of participants with account balances2016-07-011,452
Number of employers contributing to the scheme2016-07-0181
2015: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-07-011,388
Total number of active participants reported on line 7a of the Form 55002015-07-011,324
Number of retired or separated participants receiving benefits2015-07-0120
Number of other retired or separated participants entitled to future benefits2015-07-0171
Total of all active and inactive participants2015-07-011,415
Total participants2015-07-011,415
Number of participants with account balances2015-07-011,324
Number of employers contributing to the scheme2015-07-0182
2014: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-011,348
Total number of active participants reported on line 7a of the Form 55002014-07-011,353
Number of retired or separated participants receiving benefits2014-07-019
Number of other retired or separated participants entitled to future benefits2014-07-0126
Total of all active and inactive participants2014-07-011,388
Total participants2014-07-011,388
Number of participants with account balances2014-07-011,353
Number of employers contributing to the scheme2014-07-0164
2013: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-011,402
Total number of active participants reported on line 7a of the Form 55002013-07-011,298
Number of retired or separated participants receiving benefits2013-07-0111
Number of other retired or separated participants entitled to future benefits2013-07-0139
Total of all active and inactive participants2013-07-011,348
Total participants2013-07-011,348
Number of participants with account balances2013-07-011,298
Number of employers contributing to the scheme2013-07-0164
2012: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-011,429
Total number of active participants reported on line 7a of the Form 55002012-07-011,350
Number of retired or separated participants receiving benefits2012-07-0113
Number of other retired or separated participants entitled to future benefits2012-07-0138
Total of all active and inactive participants2012-07-011,401
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-011
Total participants2012-07-011,402
Number of employers contributing to the scheme2012-07-0172
2011: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-011,445
Total number of active participants reported on line 7a of the Form 55002011-07-011,371
Number of retired or separated participants receiving benefits2011-07-0113
Number of other retired or separated participants entitled to future benefits2011-07-0144
Total of all active and inactive participants2011-07-011,428
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-011
Total participants2011-07-011,429
Number of participants with account balances2011-07-011,429
Number of employers contributing to the scheme2011-07-0162
2009: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-07-011,469
Total number of active participants reported on line 7a of the Form 55002009-07-011,434
Number of retired or separated participants receiving benefits2009-07-0117
Number of other retired or separated participants entitled to future benefits2009-07-0126
Total of all active and inactive participants2009-07-011,477
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-012
Total participants2009-07-011,479
Number of participants with account balances2009-07-011,434
Number of employers contributing to the scheme2009-07-0164

Financial Data on SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN

Measure Date Value
2023 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2023 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-06-30$90,543
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-06-30$231,782
Total income from all sources (including contributions)2023-06-30$40,908,520
Total of all expenses incurred2023-06-30$9,055,543
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-06-30$8,783,991
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-06-30$10,139,311
Value of total assets at end of year2023-06-30$266,058,261
Value of total assets at beginning of year2023-06-30$234,346,523
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-06-30$271,552
Total interest from all sources2023-06-30$20,648
Total dividends received (eg from common stock, registered investment company shares)2023-06-30$6,526,949
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2023-06-30$6,526,949
Administrative expenses professional fees incurred2023-06-30$42,951
Was this plan covered by a fidelity bond2023-06-30Yes
Value of fidelity bond cover2023-06-30$500,000
If this is an individual account plan, was there a blackout period2023-06-30No
Were there any nonexempt tranactions with any party-in-interest2023-06-30No
Contributions received from participants2023-06-30$1,724,866
Participant contributions at end of year2023-06-30$347,337
Participant contributions at beginning of year2023-06-30$329,342
Participant contributions at end of year2023-06-30$149,121
Participant contributions at beginning of year2023-06-30$156,260
Income. Received or receivable in cash from other sources (including rollovers)2023-06-30$13,433
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-06-30$846,099
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-06-30$51,412
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-06-30$46,354
Other income not declared elsewhere2023-06-30$36,980
Administrative expenses (other) incurred2023-06-30$21,814
Liabilities. Value of operating payables at end of year2023-06-30$39,131
Liabilities. Value of operating payables at beginning of year2023-06-30$38,462
Total non interest bearing cash at end of year2023-06-30$227,566
Total non interest bearing cash at beginning of year2023-06-30$210,053
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Value of net income/loss2023-06-30$31,852,977
Value of net assets at end of year (total assets less liabilities)2023-06-30$265,967,718
Value of net assets at beginning of year (total assets less liabilities)2023-06-30$234,114,741
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2023-06-30No
Were any leases to which the plan was party in default or uncollectible2023-06-30No
Investment advisory and management fees2023-06-30$33,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-06-30$238,206,069
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-06-30$206,783,305
Interest on participant loans2023-06-30$19,604
Value of interest in common/collective trusts at end of year2023-06-30$25,398,734
Value of interest in common/collective trusts at beginning of year2023-06-30$26,003,773
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-06-30$51,099
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-06-30$50,055
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-06-30$50,055
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-06-30$1,044
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-06-30$23,602,993
Net investment gain or loss from common/collective trusts2023-06-30$581,639
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-06-30Yes
Was there a failure to transmit to the plan any participant contributions2023-06-30Yes
Has the plan failed to provide any benefit when due under the plan2023-06-30No
Contributions received in cash from employer2023-06-30$8,401,012
Employer contributions (assets) at end of year2023-06-30$832,236
Employer contributions (assets) at beginning of year2023-06-30$813,735
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-06-30$8,783,991
Contract administrator fees2023-06-30$173,787
Liabilities. Value of benefit claims payable at end of year2023-06-30$0
Liabilities. Value of benefit claims payable at beginning of year2023-06-30$146,966
Did the plan have assets held for investment2023-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-06-30No
Opinion of an independent qualified public accountant for this plan2023-06-30Unqualified
Accountancy firm name2023-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2023-06-30320043599
2022 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$231,782
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$517,180
Total income from all sources (including contributions)2022-06-30$-26,756,056
Total of all expenses incurred2022-06-30$14,176,501
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-06-30$13,924,977
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-06-30$9,862,031
Value of total assets at end of year2022-06-30$234,346,523
Value of total assets at beginning of year2022-06-30$275,564,478
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-06-30$251,524
Total interest from all sources2022-06-30$21,290
Total dividends received (eg from common stock, registered investment company shares)2022-06-30$24,771,422
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2022-06-30$24,771,422
Administrative expenses professional fees incurred2022-06-30$42,768
Was this plan covered by a fidelity bond2022-06-30Yes
Value of fidelity bond cover2022-06-30$500,000
If this is an individual account plan, was there a blackout period2022-06-30No
Were there any nonexempt tranactions with any party-in-interest2022-06-30No
Contributions received from participants2022-06-30$1,723,792
Participant contributions at end of year2022-06-30$329,342
Participant contributions at beginning of year2022-06-30$485,878
Participant contributions at end of year2022-06-30$156,260
Participant contributions at beginning of year2022-06-30$128,199
Income. Received or receivable in cash from other sources (including rollovers)2022-06-30$82,423
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-06-30$218
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-06-30$46,354
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-06-30$24,860
Other income not declared elsewhere2022-06-30$54,663
Administrative expenses (other) incurred2022-06-30$13,359
Liabilities. Value of operating payables at end of year2022-06-30$38,462
Liabilities. Value of operating payables at beginning of year2022-06-30$24,888
Total non interest bearing cash at end of year2022-06-30$210,053
Total non interest bearing cash at beginning of year2022-06-30$37,170
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Value of net income/loss2022-06-30$-40,932,557
Value of net assets at end of year (total assets less liabilities)2022-06-30$234,114,741
Value of net assets at beginning of year (total assets less liabilities)2022-06-30$275,047,298
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-06-30No
Were any leases to which the plan was party in default or uncollectible2022-06-30No
Investment advisory and management fees2022-06-30$33,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-06-30$206,783,305
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-06-30$251,346,823
Interest on participant loans2022-06-30$21,222
Value of interest in common/collective trusts at end of year2022-06-30$26,003,773
Value of interest in common/collective trusts at beginning of year2022-06-30$22,761,689
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-06-30$50,055
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-06-30$159,818
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-06-30$159,818
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-06-30$68
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-06-30$-61,821,950
Net investment gain or loss from common/collective trusts2022-06-30$356,488
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-06-30Yes
Was there a failure to transmit to the plan any participant contributions2022-06-30No
Has the plan failed to provide any benefit when due under the plan2022-06-30No
Contributions received in cash from employer2022-06-30$8,055,816
Employer contributions (assets) at end of year2022-06-30$813,735
Employer contributions (assets) at beginning of year2022-06-30$644,683
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-06-30$13,924,977
Contract administrator fees2022-06-30$162,397
Liabilities. Value of benefit claims payable at end of year2022-06-30$146,966
Liabilities. Value of benefit claims payable at beginning of year2022-06-30$467,432
Did the plan have assets held for investment2022-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-06-30No
Opinion of an independent qualified public accountant for this plan2022-06-30Unqualified
Accountancy firm name2022-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2022-06-30320043599
2021 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-06-30$517,180
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-06-30$83,067
Total income from all sources (including contributions)2021-06-30$74,387,189
Total of all expenses incurred2021-06-30$19,244,584
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-06-30$18,952,988
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-06-30$7,639,154
Value of total assets at end of year2021-06-30$275,564,478
Value of total assets at beginning of year2021-06-30$219,987,760
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-06-30$291,596
Total interest from all sources2021-06-30$27,970
Total dividends received (eg from common stock, registered investment company shares)2021-06-30$3,500,687
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2021-06-30$3,500,687
Administrative expenses professional fees incurred2021-06-30$59,806
Was this plan covered by a fidelity bond2021-06-30Yes
Value of fidelity bond cover2021-06-30$500,000
If this is an individual account plan, was there a blackout period2021-06-30No
Funding deficiency by the employer to the plan for this plan year2021-06-30$0
Minimum employer required contribution for this plan year2021-06-30$0
Amount contributed by the employer to the plan for this plan year2021-06-30$0
Were there any nonexempt tranactions with any party-in-interest2021-06-30No
Contributions received from participants2021-06-30$1,444,341
Participant contributions at end of year2021-06-30$485,878
Participant contributions at beginning of year2021-06-30$483,079
Participant contributions at end of year2021-06-30$128,199
Participant contributions at beginning of year2021-06-30$106,828
Income. Received or receivable in cash from other sources (including rollovers)2021-06-30$44,375
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-06-30$218
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-06-30$218
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-06-30$24,860
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-06-30$35,245
Other income not declared elsewhere2021-06-30$31,557
Administrative expenses (other) incurred2021-06-30$15,707
Liabilities. Value of operating payables at end of year2021-06-30$24,888
Liabilities. Value of operating payables at beginning of year2021-06-30$47,822
Total non interest bearing cash at end of year2021-06-30$37,170
Total non interest bearing cash at beginning of year2021-06-30$83,402
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-06-30No
Value of net income/loss2021-06-30$55,142,605
Value of net assets at end of year (total assets less liabilities)2021-06-30$275,047,298
Value of net assets at beginning of year (total assets less liabilities)2021-06-30$219,904,693
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-06-30No
Were any leases to which the plan was party in default or uncollectible2021-06-30No
Investment advisory and management fees2021-06-30$33,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-06-30$251,346,823
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-06-30$200,710,411
Interest on participant loans2021-06-30$27,954
Value of interest in common/collective trusts at end of year2021-06-30$22,761,689
Value of interest in common/collective trusts at beginning of year2021-06-30$17,914,391
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-06-30$159,818
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-06-30$165,494
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-06-30$165,494
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-06-30$16
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-06-30$62,779,847
Net investment gain or loss from common/collective trusts2021-06-30$407,974
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-06-30Yes
Was there a failure to transmit to the plan any participant contributions2021-06-30No
Has the plan failed to provide any benefit when due under the plan2021-06-30No
Contributions received in cash from employer2021-06-30$6,150,438
Employer contributions (assets) at end of year2021-06-30$644,683
Employer contributions (assets) at beginning of year2021-06-30$523,937
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-06-30$18,952,988
Contract administrator fees2021-06-30$183,083
Liabilities. Value of benefit claims payable at end of year2021-06-30$467,432
Did the plan have assets held for investment2021-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-06-30No
Opinion of an independent qualified public accountant for this plan2021-06-30Unqualified
Accountancy firm name2021-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2021-06-30320043599
2020 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-06-30$83,067
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-06-30$58,797
Total income from all sources (including contributions)2020-06-30$19,292,470
Total of all expenses incurred2020-06-30$10,443,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-06-30$10,134,734
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-06-30$7,623,602
Value of total assets at end of year2020-06-30$219,987,760
Value of total assets at beginning of year2020-06-30$211,114,286
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-06-30$308,532
Total interest from all sources2020-06-30$27,307
Total dividends received (eg from common stock, registered investment company shares)2020-06-30$3,616,622
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2020-06-30$3,616,622
Administrative expenses professional fees incurred2020-06-30$37,076
Was this plan covered by a fidelity bond2020-06-30Yes
Value of fidelity bond cover2020-06-30$500,000
If this is an individual account plan, was there a blackout period2020-06-30No
Were there any nonexempt tranactions with any party-in-interest2020-06-30No
Contributions received from participants2020-06-30$1,456,061
Participant contributions at end of year2020-06-30$483,079
Participant contributions at beginning of year2020-06-30$351,939
Participant contributions at end of year2020-06-30$106,828
Participant contributions at beginning of year2020-06-30$131,281
Income. Received or receivable in cash from other sources (including rollovers)2020-06-30$40,549
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-06-30$218
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-06-30$35,245
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-06-30$12,268
Other income not declared elsewhere2020-06-30$53,371
Administrative expenses (other) incurred2020-06-30$28,649
Liabilities. Value of operating payables at end of year2020-06-30$47,822
Liabilities. Value of operating payables at beginning of year2020-06-30$42,529
Total non interest bearing cash at end of year2020-06-30$83,402
Total non interest bearing cash at beginning of year2020-06-30$83,954
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-06-30No
Value of net income/loss2020-06-30$8,849,204
Value of net assets at end of year (total assets less liabilities)2020-06-30$219,904,693
Value of net assets at beginning of year (total assets less liabilities)2020-06-30$211,055,489
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-06-30No
Were any leases to which the plan was party in default or uncollectible2020-06-30No
Investment advisory and management fees2020-06-30$33,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-06-30$200,710,411
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-06-30$193,070,924
Interest on participant loans2020-06-30$26,252
Value of interest in common/collective trusts at end of year2020-06-30$17,914,391
Value of interest in common/collective trusts at beginning of year2020-06-30$16,686,868
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-06-30$165,494
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-06-30$169,112
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-06-30$169,112
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-06-30$1,055
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-06-30$7,552,338
Net investment gain or loss from common/collective trusts2020-06-30$419,230
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-06-30Yes
Was there a failure to transmit to the plan any participant contributions2020-06-30No
Has the plan failed to provide any benefit when due under the plan2020-06-30No
Contributions received in cash from employer2020-06-30$6,126,992
Employer contributions (assets) at end of year2020-06-30$523,937
Employer contributions (assets) at beginning of year2020-06-30$620,208
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-06-30$10,134,734
Contract administrator fees2020-06-30$209,807
Liabilities. Value of benefit claims payable at end of year2020-06-30$0
Liabilities. Value of benefit claims payable at beginning of year2020-06-30$4,000
Did the plan have assets held for investment2020-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-06-30No
Opinion of an independent qualified public accountant for this plan2020-06-30Unqualified
Accountancy firm name2020-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2020-06-30320043599
2019 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-06-30$58,797
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-06-30$55,865
Total income from all sources (including contributions)2019-06-30$20,623,863
Total of all expenses incurred2019-06-30$10,685,217
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-06-30$10,397,241
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-06-30$8,218,725
Value of total assets at end of year2019-06-30$211,114,286
Value of total assets at beginning of year2019-06-30$201,172,708
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-06-30$287,976
Total interest from all sources2019-06-30$19,859
Total dividends received (eg from common stock, registered investment company shares)2019-06-30$3,299,889
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2019-06-30$3,299,889
Administrative expenses professional fees incurred2019-06-30$34,333
Was this plan covered by a fidelity bond2019-06-30Yes
Value of fidelity bond cover2019-06-30$500,000
If this is an individual account plan, was there a blackout period2019-06-30No
Funding deficiency by the employer to the plan for this plan year2019-06-30$0
Minimum employer required contribution for this plan year2019-06-30$0
Amount contributed by the employer to the plan for this plan year2019-06-30$0
Were there any nonexempt tranactions with any party-in-interest2019-06-30No
Contributions received from participants2019-06-30$1,496,173
Participant contributions at end of year2019-06-30$351,939
Participant contributions at beginning of year2019-06-30$384,841
Participant contributions at end of year2019-06-30$131,281
Participant contributions at beginning of year2019-06-30$226,640
Income. Received or receivable in cash from other sources (including rollovers)2019-06-30$81,805
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-06-30$598
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-06-30$12,268
Other income not declared elsewhere2019-06-30$54,160
Administrative expenses (other) incurred2019-06-30$15,517
Liabilities. Value of operating payables at end of year2019-06-30$42,529
Liabilities. Value of operating payables at beginning of year2019-06-30$42,824
Total non interest bearing cash at end of year2019-06-30$83,954
Total non interest bearing cash at beginning of year2019-06-30$85,789
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-06-30No
Value of net income/loss2019-06-30$9,938,646
Value of net assets at end of year (total assets less liabilities)2019-06-30$211,055,489
Value of net assets at beginning of year (total assets less liabilities)2019-06-30$201,116,843
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-06-30No
Were any leases to which the plan was party in default or uncollectible2019-06-30No
Investment advisory and management fees2019-06-30$33,500
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-06-30$193,070,924
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-06-30$182,618,815
Interest on participant loans2019-06-30$17,937
Value of interest in common/collective trusts at end of year2019-06-30$16,686,868
Value of interest in common/collective trusts at beginning of year2019-06-30$16,581,142
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-06-30$169,112
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-06-30$167,160
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-06-30$167,160
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-06-30$1,922
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-06-30$8,603,220
Net investment gain or loss from common/collective trusts2019-06-30$428,010
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-06-30Yes
Was there a failure to transmit to the plan any participant contributions2019-06-30No
Has the plan failed to provide any benefit when due under the plan2019-06-30No
Contributions received in cash from employer2019-06-30$6,640,747
Employer contributions (assets) at end of year2019-06-30$620,208
Employer contributions (assets) at beginning of year2019-06-30$1,107,723
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-06-30$10,397,241
Contract administrator fees2019-06-30$204,626
Liabilities. Value of benefit claims payable at end of year2019-06-30$4,000
Liabilities. Value of benefit claims payable at beginning of year2019-06-30$13,041
Did the plan have assets held for investment2019-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-06-30No
Opinion of an independent qualified public accountant for this plan2019-06-30Unqualified
Accountancy firm name2019-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2019-06-30320043599
2018 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-06-30$55,865
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-06-30$339,201
Total income from all sources (including contributions)2018-06-30$27,118,799
Total of all expenses incurred2018-06-30$8,545,997
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-06-30$8,243,596
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-06-30$7,294,010
Value of total assets at end of year2018-06-30$201,172,708
Value of total assets at beginning of year2018-06-30$182,883,242
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-06-30$302,401
Total interest from all sources2018-06-30$18,224
Total dividends received (eg from common stock, registered investment company shares)2018-06-30$2,917,162
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2018-06-30$2,917,162
Administrative expenses professional fees incurred2018-06-30$53,019
Was this plan covered by a fidelity bond2018-06-30Yes
Value of fidelity bond cover2018-06-30$500,000
If this is an individual account plan, was there a blackout period2018-06-30No
Funding deficiency by the employer to the plan for this plan year2018-06-30$0
Minimum employer required contribution for this plan year2018-06-30$0
Amount contributed by the employer to the plan for this plan year2018-06-30$0
Were there any nonexempt tranactions with any party-in-interest2018-06-30No
Contributions received from participants2018-06-30$1,295,834
Participant contributions at end of year2018-06-30$384,841
Participant contributions at beginning of year2018-06-30$453,044
Participant contributions at end of year2018-06-30$226,640
Participant contributions at beginning of year2018-06-30$120,362
Income. Received or receivable in cash from other sources (including rollovers)2018-06-30$21,500
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-06-30$598
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-06-30$1,196
Other income not declared elsewhere2018-06-30$62,447
Administrative expenses (other) incurred2018-06-30$18,090
Liabilities. Value of operating payables at end of year2018-06-30$42,824
Liabilities. Value of operating payables at beginning of year2018-06-30$41,390
Total non interest bearing cash at end of year2018-06-30$85,789
Total non interest bearing cash at beginning of year2018-06-30$50,845
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-06-30No
Value of net income/loss2018-06-30$18,572,802
Value of net assets at end of year (total assets less liabilities)2018-06-30$201,116,843
Value of net assets at beginning of year (total assets less liabilities)2018-06-30$182,544,041
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2018-06-30No
Were any leases to which the plan was party in default or uncollectible2018-06-30No
Investment advisory and management fees2018-06-30$35,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-06-30$182,618,815
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-06-30$165,658,775
Interest on participant loans2018-06-30$16,772
Value of interest in common/collective trusts at end of year2018-06-30$16,581,142
Value of interest in common/collective trusts at beginning of year2018-06-30$15,784,150
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-06-30$167,160
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-06-30$220,747
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-06-30$220,747
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-06-30$1,452
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-06-30$16,469,432
Net investment gain or loss from common/collective trusts2018-06-30$357,524
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-06-30Yes
Was there a failure to transmit to the plan any participant contributions2018-06-30No
Has the plan failed to provide any benefit when due under the plan2018-06-30No
Contributions received in cash from employer2018-06-30$5,976,676
Employer contributions (assets) at end of year2018-06-30$1,107,723
Employer contributions (assets) at beginning of year2018-06-30$594,123
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-06-30$8,243,596
Contract administrator fees2018-06-30$196,292
Liabilities. Value of benefit claims payable at end of year2018-06-30$13,041
Liabilities. Value of benefit claims payable at beginning of year2018-06-30$297,811
Did the plan have assets held for investment2018-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-06-30No
Opinion of an independent qualified public accountant for this plan2018-06-30Unqualified
Accountancy firm name2018-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2018-06-30320043599
2017 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-06-30$339,201
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-06-30$45,277
Total income from all sources (including contributions)2017-06-30$29,601,086
Total of all expenses incurred2017-06-30$5,667,425
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-06-30$5,372,995
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-06-30$7,398,691
Value of total assets at end of year2017-06-30$182,883,242
Value of total assets at beginning of year2017-06-30$158,655,657
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-06-30$294,430
Total interest from all sources2017-06-30$20,484
Total dividends received (eg from common stock, registered investment company shares)2017-06-30$2,651,551
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2017-06-30$2,651,551
Administrative expenses professional fees incurred2017-06-30$51,619
Was this plan covered by a fidelity bond2017-06-30Yes
Value of fidelity bond cover2017-06-30$500,000
If this is an individual account plan, was there a blackout period2017-06-30No
Were there any nonexempt tranactions with any party-in-interest2017-06-30No
Contributions received from participants2017-06-30$1,257,301
Participant contributions at end of year2017-06-30$453,044
Participant contributions at beginning of year2017-06-30$505,480
Participant contributions at end of year2017-06-30$120,362
Participant contributions at beginning of year2017-06-30$95,349
Income. Received or receivable in cash from other sources (including rollovers)2017-06-30$53,824
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-06-30$1,196
Other income not declared elsewhere2017-06-30$66,123
Administrative expenses (other) incurred2017-06-30$19,110
Liabilities. Value of operating payables at end of year2017-06-30$41,390
Liabilities. Value of operating payables at beginning of year2017-06-30$45,277
Total non interest bearing cash at end of year2017-06-30$50,845
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-06-30No
Value of net income/loss2017-06-30$23,933,661
Value of net assets at end of year (total assets less liabilities)2017-06-30$182,544,041
Value of net assets at beginning of year (total assets less liabilities)2017-06-30$158,610,380
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2017-06-30No
Were any leases to which the plan was party in default or uncollectible2017-06-30No
Investment advisory and management fees2017-06-30$35,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-06-30$165,658,775
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-06-30$144,108,954
Interest on participant loans2017-06-30$19,982
Value of interest in common/collective trusts at end of year2017-06-30$15,784,150
Value of interest in common/collective trusts at beginning of year2017-06-30$13,191,640
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-06-30$220,747
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-06-30$242,907
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-06-30$242,907
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-06-30$502
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-06-30$19,314,749
Net investment gain or loss from common/collective trusts2017-06-30$149,488
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-06-30Yes
Was there a failure to transmit to the plan any participant contributions2017-06-30No
Has the plan failed to provide any benefit when due under the plan2017-06-30No
Contributions received in cash from employer2017-06-30$6,087,566
Employer contributions (assets) at end of year2017-06-30$594,123
Employer contributions (assets) at beginning of year2017-06-30$511,327
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-06-30$5,372,995
Contract administrator fees2017-06-30$188,701
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-06-30No
Liabilities. Value of benefit claims payable at end of year2017-06-30$297,811
Did the plan have assets held for investment2017-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-06-30No
Opinion of an independent qualified public accountant for this plan2017-06-30Unqualified
Accountancy firm name2017-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2017-06-30320043599
2016 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-30$45,277
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-30$32,370
Total income from all sources (including contributions)2016-06-30$6,708,484
Total of all expenses incurred2016-06-30$8,593,872
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-30$8,319,436
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-06-30$6,754,628
Value of total assets at end of year2016-06-30$158,655,657
Value of total assets at beginning of year2016-06-30$160,528,138
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-06-30$274,436
Total interest from all sources2016-06-30$23,988
Total dividends received (eg from common stock, registered investment company shares)2016-06-30$2,610,503
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2016-06-30$2,610,503
Administrative expenses professional fees incurred2016-06-30$44,646
Was this plan covered by a fidelity bond2016-06-30Yes
Value of fidelity bond cover2016-06-30$500,000
If this is an individual account plan, was there a blackout period2016-06-30No
Funding deficiency by the employer to the plan for this plan year2016-06-30$0
Minimum employer required contribution for this plan year2016-06-30$5,663,859
Amount contributed by the employer to the plan for this plan year2016-06-30$5,663,859
Were there any nonexempt tranactions with any party-in-interest2016-06-30No
Contributions received from participants2016-06-30$1,058,588
Participant contributions at end of year2016-06-30$505,480
Participant contributions at beginning of year2016-06-30$512,978
Participant contributions at end of year2016-06-30$95,349
Participant contributions at beginning of year2016-06-30$79,202
Other income not declared elsewhere2016-06-30$74,308
Administrative expenses (other) incurred2016-06-30$19,750
Liabilities. Value of operating payables at end of year2016-06-30$45,277
Liabilities. Value of operating payables at beginning of year2016-06-30$32,370
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Value of net income/loss2016-06-30$-1,885,388
Value of net assets at end of year (total assets less liabilities)2016-06-30$158,610,380
Value of net assets at beginning of year (total assets less liabilities)2016-06-30$160,495,768
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-30No
Were any leases to which the plan was party in default or uncollectible2016-06-30No
Investment advisory and management fees2016-06-30$150,329
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-06-30$144,108,954
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-06-30$147,816,331
Interest on participant loans2016-06-30$23,956
Value of interest in common/collective trusts at end of year2016-06-30$13,191,640
Value of interest in common/collective trusts at beginning of year2016-06-30$11,434,952
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-06-30$242,907
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-06-30$173,709
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-06-30$173,709
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-06-30$32
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-06-30$-2,845,359
Net investment gain or loss from common/collective trusts2016-06-30$90,416
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-06-30Yes
Was there a failure to transmit to the plan any participant contributions2016-06-30No
Has the plan failed to provide any benefit when due under the plan2016-06-30No
Contributions received in cash from employer2016-06-30$5,696,040
Employer contributions (assets) at end of year2016-06-30$511,327
Employer contributions (assets) at beginning of year2016-06-30$510,966
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-30$8,319,436
Contract administrator fees2016-06-30$59,711
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-06-30No
Did the plan have assets held for investment2016-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-30No
Opinion of an independent qualified public accountant for this plan2016-06-30Unqualified
Accountancy firm name2016-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2016-06-30320043599
2015 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-06-30$32,370
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-06-30$37,472
Total income from all sources (including contributions)2015-06-30$12,835,234
Total of all expenses incurred2015-06-30$5,767,160
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-06-30$5,498,973
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-06-30$6,089,285
Value of total assets at end of year2015-06-30$160,528,138
Value of total assets at beginning of year2015-06-30$153,465,166
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-06-30$268,187
Total interest from all sources2015-06-30$24,107
Total dividends received (eg from common stock, registered investment company shares)2015-06-30$2,510,702
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2015-06-30$2,510,702
Administrative expenses professional fees incurred2015-06-30$48,619
Was this plan covered by a fidelity bond2015-06-30Yes
Value of fidelity bond cover2015-06-30$500,000
If this is an individual account plan, was there a blackout period2015-06-30No
Funding deficiency by the employer to the plan for this plan year2015-06-30$0
Minimum employer required contribution for this plan year2015-06-30$5,189,134
Amount contributed by the employer to the plan for this plan year2015-06-30$5,189,134
Were there any nonexempt tranactions with any party-in-interest2015-06-30No
Contributions received from participants2015-06-30$900,151
Participant contributions at end of year2015-06-30$512,978
Participant contributions at beginning of year2015-06-30$488,970
Participant contributions at end of year2015-06-30$79,202
Participant contributions at beginning of year2015-06-30$79,081
Other income not declared elsewhere2015-06-30$84,891
Administrative expenses (other) incurred2015-06-30$30,538
Liabilities. Value of operating payables at end of year2015-06-30$32,370
Liabilities. Value of operating payables at beginning of year2015-06-30$37,472
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-06-30No
Value of net income/loss2015-06-30$7,068,074
Value of net assets at end of year (total assets less liabilities)2015-06-30$160,495,768
Value of net assets at beginning of year (total assets less liabilities)2015-06-30$153,427,694
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2015-06-30No
Were any leases to which the plan was party in default or uncollectible2015-06-30No
Investment advisory and management fees2015-06-30$130,284
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-06-30$147,816,331
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-06-30$141,198,024
Interest on participant loans2015-06-30$24,092
Value of interest in common/collective trusts at end of year2015-06-30$11,434,952
Value of interest in common/collective trusts at beginning of year2015-06-30$11,116,973
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-06-30$173,709
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-06-30$110,453
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-06-30$110,453
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-06-30$15
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-06-30$3,675,186
Net investment gain or loss from common/collective trusts2015-06-30$451,063
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-06-30Yes
Was there a failure to transmit to the plan any participant contributions2015-06-30No
Has the plan failed to provide any benefit when due under the plan2015-06-30No
Contributions received in cash from employer2015-06-30$5,189,134
Employer contributions (assets) at end of year2015-06-30$510,966
Employer contributions (assets) at beginning of year2015-06-30$471,665
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-06-30$5,498,973
Contract administrator fees2015-06-30$58,746
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-06-30No
Did the plan have assets held for investment2015-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-06-30No
Opinion of an independent qualified public accountant for this plan2015-06-30Unqualified
Accountancy firm name2015-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2015-06-30320043599
2014 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-06-30$37,472
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-06-30$35,191
Total income from all sources (including contributions)2014-06-30$29,915,112
Total of all expenses incurred2014-06-30$6,451,587
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-06-30$6,192,495
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-06-30$5,812,909
Value of total assets at end of year2014-06-30$153,465,166
Value of total assets at beginning of year2014-06-30$129,999,360
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-06-30$259,092
Total interest from all sources2014-06-30$22,504
Total dividends received (eg from common stock, registered investment company shares)2014-06-30$1,982,505
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2014-06-30$1,982,505
Administrative expenses professional fees incurred2014-06-30$51,422
Was this plan covered by a fidelity bond2014-06-30Yes
Value of fidelity bond cover2014-06-30$500,000
If this is an individual account plan, was there a blackout period2014-06-30No
Funding deficiency by the employer to the plan for this plan year2014-06-30$0
Minimum employer required contribution for this plan year2014-06-30$4,860,797
Amount contributed by the employer to the plan for this plan year2014-06-30$4,860,797
Were there any nonexempt tranactions with any party-in-interest2014-06-30No
Contributions received from participants2014-06-30$952,112
Participant contributions at end of year2014-06-30$488,970
Participant contributions at beginning of year2014-06-30$503,538
Participant contributions at end of year2014-06-30$79,081
Participant contributions at beginning of year2014-06-30$66,303
Income. Received or receivable in cash from other sources (including rollovers)2014-06-30$0
Other income not declared elsewhere2014-06-30$87,434
Administrative expenses (other) incurred2014-06-30$19,978
Liabilities. Value of operating payables at end of year2014-06-30$37,472
Liabilities. Value of operating payables at beginning of year2014-06-30$35,191
Total non interest bearing cash at end of year2014-06-30$0
Total non interest bearing cash at beginning of year2014-06-30$443,508
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-06-30No
Value of net income/loss2014-06-30$23,463,525
Value of net assets at end of year (total assets less liabilities)2014-06-30$153,427,694
Value of net assets at beginning of year (total assets less liabilities)2014-06-30$129,964,169
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2014-06-30No
Were any leases to which the plan was party in default or uncollectible2014-06-30No
Investment advisory and management fees2014-06-30$129,137
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-06-30$141,198,024
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-06-30$115,825,624
Interest on participant loans2014-06-30$22,495
Value of interest in common/collective trusts at end of year2014-06-30$11,116,973
Value of interest in common/collective trusts at beginning of year2014-06-30$12,720,803
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-06-30$110,453
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-06-30$36,737
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-06-30$36,737
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-06-30$9
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-06-30$22,196,684
Net investment gain or loss from common/collective trusts2014-06-30$-186,924
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-06-30Yes
Was there a failure to transmit to the plan any participant contributions2014-06-30No
Has the plan failed to provide any benefit when due under the plan2014-06-30No
Contributions received in cash from employer2014-06-30$4,860,797
Employer contributions (assets) at end of year2014-06-30$471,665
Employer contributions (assets) at beginning of year2014-06-30$402,847
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-06-30$6,192,495
Contract administrator fees2014-06-30$58,555
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-06-30No
Did the plan have assets held for investment2014-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-06-30No
Opinion of an independent qualified public accountant for this plan2014-06-30Unqualified
Accountancy firm name2014-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2014-06-30320043599
2013 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-06-30$35,191
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-06-30$41,217
Total income from all sources (including contributions)2013-06-30$20,846,140
Total of all expenses incurred2013-06-30$4,650,068
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-06-30$4,389,625
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-06-30$4,877,134
Value of total assets at end of year2013-06-30$129,999,360
Value of total assets at beginning of year2013-06-30$113,809,314
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-06-30$260,443
Total interest from all sources2013-06-30$21,658
Total dividends received (eg from common stock, registered investment company shares)2013-06-30$2,001,453
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2013-06-30$2,001,453
Administrative expenses professional fees incurred2013-06-30$49,608
Was this plan covered by a fidelity bond2013-06-30Yes
Value of fidelity bond cover2013-06-30$500,000
If this is an individual account plan, was there a blackout period2013-06-30No
Funding deficiency by the employer to the plan for this plan year2013-06-30$0
Minimum employer required contribution for this plan year2013-06-30$4,042,295
Amount contributed by the employer to the plan for this plan year2013-06-30$4,042,295
Were there any nonexempt tranactions with any party-in-interest2013-06-30No
Contributions received from participants2013-06-30$815,029
Participant contributions at end of year2013-06-30$503,538
Participant contributions at beginning of year2013-06-30$455,953
Participant contributions at end of year2013-06-30$66,303
Participant contributions at beginning of year2013-06-30$75,241
Income. Received or receivable in cash from other sources (including rollovers)2013-06-30$19,810
Other income not declared elsewhere2013-06-30$49,612
Administrative expenses (other) incurred2013-06-30$27,037
Liabilities. Value of operating payables at end of year2013-06-30$35,191
Liabilities. Value of operating payables at beginning of year2013-06-30$41,217
Total non interest bearing cash at end of year2013-06-30$443,508
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Value of net income/loss2013-06-30$16,196,072
Value of net assets at end of year (total assets less liabilities)2013-06-30$129,964,169
Value of net assets at beginning of year (total assets less liabilities)2013-06-30$113,768,097
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2013-06-30No
Were any leases to which the plan was party in default or uncollectible2013-06-30No
Investment advisory and management fees2013-06-30$126,199
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-06-30$115,825,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-06-30$100,656,581
Interest on participant loans2013-06-30$21,416
Value of interest in common/collective trusts at end of year2013-06-30$12,720,803
Value of interest in common/collective trusts at beginning of year2013-06-30$12,148,164
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-06-30$36,737
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-06-30$95,912
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-06-30$95,912
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-06-30$242
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-06-30$13,607,453
Net investment gain or loss from common/collective trusts2013-06-30$288,830
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-06-30Yes
Was there a failure to transmit to the plan any participant contributions2013-06-30No
Has the plan failed to provide any benefit when due under the plan2013-06-30No
Contributions received in cash from employer2013-06-30$4,042,295
Employer contributions (assets) at end of year2013-06-30$402,847
Employer contributions (assets) at beginning of year2013-06-30$377,463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-06-30$4,389,625
Contract administrator fees2013-06-30$57,599
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-06-30No
Did the plan have assets held for investment2013-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-06-30No
Opinion of an independent qualified public accountant for this plan2013-06-30Unqualified
Accountancy firm name2013-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2013-06-30320043599
2012 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$41,217
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$126,572
Total income from all sources (including contributions)2012-06-30$4,530,666
Total of all expenses incurred2012-06-30$5,148,756
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-06-30$4,858,499
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-06-30$4,952,226
Value of total assets at end of year2012-06-30$113,809,314
Value of total assets at beginning of year2012-06-30$114,512,759
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-06-30$290,257
Total interest from all sources2012-06-30$16,571
Total dividends received (eg from common stock, registered investment company shares)2012-06-30$1,897,024
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2012-06-30$1,897,024
Administrative expenses professional fees incurred2012-06-30$60,607
Was this plan covered by a fidelity bond2012-06-30Yes
Value of fidelity bond cover2012-06-30$500,000
If this is an individual account plan, was there a blackout period2012-06-30No
Funding deficiency by the employer to the plan for this plan year2012-06-30$0
Minimum employer required contribution for this plan year2012-06-30$3,922,954
Amount contributed by the employer to the plan for this plan year2012-06-30$3,922,954
Were there any nonexempt tranactions with any party-in-interest2012-06-30No
Contributions received from participants2012-06-30$816,121
Participant contributions at end of year2012-06-30$455,953
Participant contributions at beginning of year2012-06-30$364,686
Participant contributions at end of year2012-06-30$75,241
Participant contributions at beginning of year2012-06-30$82,260
Income. Received or receivable in cash from other sources (including rollovers)2012-06-30$213,151
Other income not declared elsewhere2012-06-30$56,410
Administrative expenses (other) incurred2012-06-30$13,547
Liabilities. Value of operating payables at end of year2012-06-30$41,217
Liabilities. Value of operating payables at beginning of year2012-06-30$31,483
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Value of net income/loss2012-06-30$-618,090
Value of net assets at end of year (total assets less liabilities)2012-06-30$113,768,097
Value of net assets at beginning of year (total assets less liabilities)2012-06-30$114,386,187
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-06-30No
Were any leases to which the plan was party in default or uncollectible2012-06-30No
Investment advisory and management fees2012-06-30$156,987
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-06-30$100,656,581
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-06-30$103,121,960
Interest on participant loans2012-06-30$16,551
Value of interest in common/collective trusts at end of year2012-06-30$12,148,164
Value of interest in common/collective trusts at beginning of year2012-06-30$10,404,656
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-06-30$95,912
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-06-30$146,665
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-06-30$146,665
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-06-30$20
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-06-30$-2,763,382
Net investment gain or loss from common/collective trusts2012-06-30$371,817
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-06-30Yes
Was there a failure to transmit to the plan any participant contributions2012-06-30No
Has the plan failed to provide any benefit when due under the plan2012-06-30No
Contributions received in cash from employer2012-06-30$3,922,954
Employer contributions (assets) at end of year2012-06-30$377,463
Employer contributions (assets) at beginning of year2012-06-30$392,532
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-06-30$4,858,499
Contract administrator fees2012-06-30$59,116
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-06-30No
Liabilities. Value of benefit claims payable at end of year2012-06-30$0
Liabilities. Value of benefit claims payable at beginning of year2012-06-30$95,089
Did the plan have assets held for investment2012-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-06-30No
Opinion of an independent qualified public accountant for this plan2012-06-30Unqualified
Accountancy firm name2012-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2012-06-30320043599
2011 : SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$126,572
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$65,187
Total income from all sources (including contributions)2011-06-30$26,526,612
Total of all expenses incurred2011-06-30$4,127,213
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-06-30$3,930,605
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-06-30$4,503,840
Value of total assets at end of year2011-06-30$114,512,759
Value of total assets at beginning of year2011-06-30$92,051,975
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-06-30$196,608
Total interest from all sources2011-06-30$16,711
Total dividends received (eg from common stock, registered investment company shares)2011-06-30$1,674,260
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2011-06-30$1,674,260
Administrative expenses professional fees incurred2011-06-30$73,413
Was this plan covered by a fidelity bond2011-06-30Yes
Value of fidelity bond cover2011-06-30$500,000
If this is an individual account plan, was there a blackout period2011-06-30No
Funding deficiency by the employer to the plan for this plan year2011-06-30$0
Minimum employer required contribution for this plan year2011-06-30$3,677,097
Amount contributed by the employer to the plan for this plan year2011-06-30$3,677,097
Were there any nonexempt tranactions with any party-in-interest2011-06-30No
Contributions received from participants2011-06-30$826,743
Participant contributions at end of year2011-06-30$364,686
Participant contributions at beginning of year2011-06-30$441,859
Participant contributions at end of year2011-06-30$82,260
Participant contributions at beginning of year2011-06-30$133,817
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-06-30$12,577
Other income not declared elsewhere2011-06-30$12,496
Administrative expenses (other) incurred2011-06-30$12,394
Liabilities. Value of operating payables at end of year2011-06-30$31,483
Liabilities. Value of operating payables at beginning of year2011-06-30$31,419
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Value of net income/loss2011-06-30$22,399,399
Value of net assets at end of year (total assets less liabilities)2011-06-30$114,386,187
Value of net assets at beginning of year (total assets less liabilities)2011-06-30$91,986,788
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-06-30No
Were any leases to which the plan was party in default or uncollectible2011-06-30No
Investment advisory and management fees2011-06-30$57,320
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-06-30$103,121,960
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-06-30$81,960,258
Interest on participant loans2011-06-30$16,547
Value of interest in common/collective trusts at end of year2011-06-30$10,404,656
Value of interest in common/collective trusts at beginning of year2011-06-30$8,779,141
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-06-30$146,665
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-06-30$176,910
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-06-30$176,910
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-06-30$164
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-06-30$19,723,481
Net investment gain or loss from common/collective trusts2011-06-30$595,824
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-06-30Yes
Was there a failure to transmit to the plan any participant contributions2011-06-30No
Has the plan failed to provide any benefit when due under the plan2011-06-30No
Contributions received in cash from employer2011-06-30$3,677,097
Employer contributions (assets) at end of year2011-06-30$392,532
Employer contributions (assets) at beginning of year2011-06-30$547,413
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-06-30$3,930,605
Contract administrator fees2011-06-30$53,481
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-06-30No
Liabilities. Value of benefit claims payable at end of year2011-06-30$95,089
Liabilities. Value of benefit claims payable at beginning of year2011-06-30$33,768
Did the plan have assets held for investment2011-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-06-30No
Opinion of an independent qualified public accountant for this plan2011-06-30Unqualified
Accountancy firm name2011-06-30LEGACY PROFESSIONALS LLP
Accountancy firm EIN2011-06-30320043599

Form 5500 Responses for SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN

2022: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2022 form 5500 responses
2022-07-01Type of plan entityMulti-employer plan
2022-07-01Submission has been amendedNo
2022-07-01This submission is the final filingNo
2022-07-01This return/report is a short plan year return/report (less than 12 months)No
2022-07-01Plan is a collectively bargained planYes
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement - TrustYes
2021: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2021 form 5500 responses
2021-07-01Type of plan entityMulti-employer plan
2021-07-01Submission has been amendedNo
2021-07-01This submission is the final filingNo
2021-07-01This return/report is a short plan year return/report (less than 12 months)No
2021-07-01Plan is a collectively bargained planYes
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement - TrustYes
2020: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2020 form 5500 responses
2020-07-01Type of plan entityMulti-employer plan
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingNo
2020-07-01This return/report is a short plan year return/report (less than 12 months)No
2020-07-01Plan is a collectively bargained planYes
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes
2019: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2019 form 5500 responses
2019-07-01Type of plan entityMulti-employer plan
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan is a collectively bargained planYes
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes
2018: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2018 form 5500 responses
2018-07-01Type of plan entityMulti-employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planYes
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2017 form 5500 responses
2017-07-01Type of plan entityMulti-employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planYes
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2016 form 5500 responses
2016-07-01Type of plan entityMulti-employer plan
2016-07-01Submission has been amendedNo
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planYes
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2015 form 5500 responses
2015-07-01Type of plan entityMulti-employer plan
2015-07-01Submission has been amendedNo
2015-07-01This submission is the final filingNo
2015-07-01This return/report is a short plan year return/report (less than 12 months)No
2015-07-01Plan is a collectively bargained planYes
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2014 form 5500 responses
2014-07-01Type of plan entityMulti-employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planYes
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement - TrustYes
2013: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2013 form 5500 responses
2013-07-01Type of plan entityMulti-employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planYes
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement - TrustYes
2012: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2012 form 5500 responses
2012-07-01Type of plan entityMulti-employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2011 form 5500 responses
2011-07-01Type of plan entityMulti-employer plan
2011-07-01Plan is a collectively bargained planYes
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2009: SOUTH CENTRAL MINNESOTA ELECTRICAL WORKERS RETIREMENT AND 401(K) PLAN 2009 form 5500 responses
2009-07-01Type of plan entityMulti-employer plan
2009-07-01This submission is the final filingNo
2009-07-01Plan is a collectively bargained planYes
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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