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WILMINGTON TRUST THRIFT SAVINGS PLAN 401k Plan overview

Plan NameWILMINGTON TRUST THRIFT SAVINGS PLAN
Plan identification number 002

WILMINGTON TRUST THRIFT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WILMINGTON TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name:WILMINGTON TRUST COMPANY
Employer identification number (EIN):510055023
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about WILMINGTON TRUST COMPANY

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 8401

More information about WILMINGTON TRUST COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WILMINGTON TRUST THRIFT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022011-01-01ANN MARIE ODROBINA
0022010-01-01KEVYN RAKOWSKI KEVYN RAKOWSKI2011-09-20
0022009-01-01AMANDA AGREN KEVYN RAKOWSKI2010-10-13

Plan Statistics for WILMINGTON TRUST THRIFT SAVINGS PLAN

401k plan membership statisitcs for WILMINGTON TRUST THRIFT SAVINGS PLAN

Measure Date Value
2011: WILMINGTON TRUST THRIFT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-013,422
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-010
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: WILMINGTON TRUST THRIFT SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-013,515
Total number of active participants reported on line 7a of the Form 55002010-01-012,842
Number of retired or separated participants receiving benefits2010-01-017
Number of other retired or separated participants entitled to future benefits2010-01-01615
Total of all active and inactive participants2010-01-013,464
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-0119
Total participants2010-01-013,483
Number of participants with account balances2010-01-013,254
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-01143
2009: WILMINGTON TRUST THRIFT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013,538
Total number of active participants reported on line 7a of the Form 55002009-01-012,936
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01741
Total of all active and inactive participants2009-01-013,677
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-0118
Total participants2009-01-013,695
Number of participants with account balances2009-01-013,311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01137

Financial Data on WILMINGTON TRUST THRIFT SAVINGS PLAN

Measure Date Value
2011 : WILMINGTON TRUST THRIFT SAVINGS PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-09-14$0
Unrealized appreciation/depreciation of other (non real estate) assets2011-09-14$-442,073
Total unrealized appreciation/depreciation of assets2011-09-14$-442,073
Total transfer of assets to this plan2011-09-14$0
Total transfer of assets from this plan2011-09-14$193,619,996
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-14$0
Expenses. Interest paid2011-09-14$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-09-14$0
Total income from all sources (including contributions)2011-09-14$2,230,092
Total loss/gain on sale of assets2011-09-14$0
Total of all expenses incurred2011-09-14$23,548,061
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-09-14$23,364,606
Expenses. Certain deemed distributions of participant loans2011-09-14$0
Value of total corrective distributions2011-09-14$484
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-09-14$9,447,182
Value of total assets at end of year2011-09-14$0
Value of total assets at beginning of year2011-09-14$214,937,965
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-09-14$182,971
Total interest from all sources2011-09-14$109,092
Total dividends received (eg from common stock, registered investment company shares)2011-09-14$1,477,952
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-09-14Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2011-09-14$0
Total dividends received from registered investment company shares (eg mutual funds)2011-09-14$1,449,104
Administrative expenses professional fees incurred2011-09-14$0
Was this plan covered by a fidelity bond2011-09-14Yes
Value of fidelity bond cover2011-09-14$5,000,000
If this is an individual account plan, was there a blackout period2011-09-14No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-14$0
Were there any nonexempt tranactions with any party-in-interest2011-09-14No
Contributions received from participants2011-09-14$6,897,422
Participant contributions at end of year2011-09-14$0
Participant contributions at beginning of year2011-09-14$4,429,889
Participant contributions at end of year2011-09-14$0
Participant contributions at beginning of year2011-09-14$269,633
Income. Received or receivable in cash from other sources (including rollovers)2011-09-14$229,663
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-09-14$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-09-14$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-09-14$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-09-14$0
Other income not declared elsewhere2011-09-14$-7,787
Administrative expenses (other) incurred2011-09-14$2,024
Liabilities. Value of operating payables at beginning of year2011-09-14$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-14No
Income. Non cash contributions2011-09-14$0
Value of net income/loss2011-09-14$-21,317,969
Value of net assets at end of year (total assets less liabilities)2011-09-14$0
Value of net assets at beginning of year (total assets less liabilities)2011-09-14$214,937,965
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-09-14No
Were any loans by the plan or fixed income obligations due to the plan in default2011-09-14No
Were any leases to which the plan was party in default or uncollectible2011-09-14No
Investment advisory and management fees2011-09-14$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-09-14$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-09-14$141,396,265
Value of interest in pooled separate accounts at end of year2011-09-14$0
Value of interest in pooled separate accounts at beginning of year2011-09-14$21,517,985
Interest on participant loans2011-09-14$109,083
Income. Interest from loans (other than to participants)2011-09-14$0
Interest earned on other investments2011-09-14$0
Income. Interest from US Government securities2011-09-14$0
Income. Interest from corporate debt instruments2011-09-14$0
Value of interest in common/collective trusts at end of year2011-09-14$0
Value of interest in common/collective trusts at beginning of year2011-09-14$43,335,485
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-09-14$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-09-14$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-09-14$9
Expenses. Payments to insurance carriers foe the provision of benefits2011-09-14$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-09-14$-5,830,989
Net investment gain/loss from pooled separate accounts2011-09-14$-1,086,866
Net investment gain or loss from common/collective trusts2011-09-14$-1,436,419
Net gain/loss from 103.12 investment entities2011-09-14$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-09-14No
Was there a failure to transmit to the plan any participant contributions2011-09-14No
Has the plan failed to provide any benefit when due under the plan2011-09-14No
Assets. Invements in employer securities at beginning of year2011-09-14$3,898,279
Contributions received in cash from employer2011-09-14$2,320,097
Employer contributions (assets) at end of year2011-09-14$0
Employer contributions (assets) at beginning of year2011-09-14$90,429
Income. Dividends from preferred stock2011-09-14$0
Income. Dividends from common stock2011-09-14$28,848
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-09-14$23,364,606
Contract administrator fees2011-09-14$180,947
Liabilities. Value of benefit claims payable at beginning of year2011-09-14$0
Did the plan have assets held for investment2011-09-14No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-14No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-09-14Yes
Aggregate proceeds on sale of assets2011-09-14$0
Aggregate carrying amount (costs) on sale of assets2011-09-14$0
Liabilities. Value of acquisition indebtedness at beginning of year2011-09-14$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-09-14No
Opinion of an independent qualified public accountant for this plan2011-09-14Unqualified
Accountancy firm name2011-09-14PRICE WATERS COOPERS
Accountancy firm EIN2011-09-14134008324
2010 : WILMINGTON TRUST THRIFT SAVINGS PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets2010-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$2,095,248
Total unrealized appreciation/depreciation of assets2010-12-31$2,095,248
Total transfer of assets to this plan2010-12-31$0
Total transfer of assets from this plan2010-12-31$2,882,936
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Expenses. Interest paid2010-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022010-12-31$0
Total income from all sources (including contributions)2010-12-31$34,751,756
Total loss/gain on sale of assets2010-12-31$-9,223,206
Total of all expenses incurred2010-12-31$14,135,357
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$13,883,559
Expenses. Certain deemed distributions of participant loans2010-12-31$0
Value of total corrective distributions2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$20,354,773
Value of total assets at end of year2010-12-31$214,937,965
Value of total assets at beginning of year2010-12-31$197,204,502
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$251,798
Total income from rents2010-12-31$0
Total interest from all sources2010-12-31$238,220
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$3,089,906
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$3,065,902
Administrative expenses professional fees incurred2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Amount of non-exempt transactions with any party-in-interest2010-12-31$0
Contributions received from participants2010-12-31$14,332,184
Participant contributions at end of year2010-12-31$4,429,889
Participant contributions at beginning of year2010-12-31$3,933,623
Participant contributions at end of year2010-12-31$269,633
Participant contributions at beginning of year2010-12-31$235,968
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$1,211,879
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$4,564
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Other income not declared elsewhere2010-12-31$-221
Administrative expenses (other) incurred2010-12-31$2,385
Liabilities. Value of operating payables at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Income. Non cash contributions2010-12-31$0
Value of net income/loss2010-12-31$20,616,399
Value of net assets at end of year (total assets less liabilities)2010-12-31$214,937,965
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$197,204,502
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2010-12-31$0
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2010-12-31$0
Investment advisory and management fees2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$141,396,265
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$127,393,108
Value of interest in pooled separate accounts at end of year2010-12-31$21,517,985
Value of interest in pooled separate accounts at beginning of year2010-12-31$16,170,515
Interest on participant loans2010-12-31$238,127
Income. Interest from loans (other than to participants)2010-12-31$0
Interest earned on other investments2010-12-31$0
Income. Interest from US Government securities2010-12-31$0
Income. Interest from corporate debt instruments2010-12-31$0
Value of interest in common/collective trusts at end of year2010-12-31$43,335,485
Value of interest in common/collective trusts at beginning of year2010-12-31$38,319,864
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$253
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$253
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$93
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$11,779,802
Net investment gain/loss from pooled separate accounts2010-12-31$3,185,583
Net investment gain or loss from common/collective trusts2010-12-31$3,231,651
Net gain/loss from 103.12 investment entities2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$3,898,279
Assets. Invements in employer securities at beginning of year2010-12-31$11,073,476
Contributions received in cash from employer2010-12-31$4,810,710
Employer contributions (assets) at end of year2010-12-31$90,429
Employer contributions (assets) at beginning of year2010-12-31$77,695
Income. Dividends from preferred stock2010-12-31$0
Income. Dividends from common stock2010-12-31$24,004
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$13,878,995
Contract administrator fees2010-12-31$249,413
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$4,459,592
Aggregate carrying amount (costs) on sale of assets2010-12-31$13,682,798
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Qualified
Accountancy firm name2010-12-31KPMG
Accountancy firm EIN2010-12-31135566207
2009 : WILMINGTON TRUST THRIFT SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for WILMINGTON TRUST THRIFT SAVINGS PLAN

2011: WILMINGTON TRUST THRIFT SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingYes
2011-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: WILMINGTON TRUST THRIFT SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: WILMINGTON TRUST THRIFT SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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