MAINE EDUCATION ASSOCIATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAINE EDUCATION ASSOCIATION BENEFITS TRUST
| Measure | Date | Value |
|---|
| 2023 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-06-30 | $-1,136,228 |
| Total unrealized appreciation/depreciation of assets | 2023-06-30 | $-1,136,228 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-30 | $303,497 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-30 | $263,131 |
| Total income from all sources (including contributions) | 2023-06-30 | $583,503,468 |
| Total loss/gain on sale of assets | 2023-06-30 | $-11,092 |
| Total of all expenses incurred | 2023-06-30 | $571,537,154 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-06-30 | $569,050,584 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-06-30 | $544,871,539 |
| Value of total assets at end of year | 2023-06-30 | $152,183,278 |
| Value of total assets at beginning of year | 2023-06-30 | $140,176,598 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-06-30 | $2,486,570 |
| Total interest from all sources | 2023-06-30 | $1,519,038 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-06-30 | No |
| Was this plan covered by a fidelity bond | 2023-06-30 | Yes |
| Value of fidelity bond cover | 2023-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-06-30 | No |
| Contributions received from participants | 2023-06-30 | $5,148,095 |
| Assets. Other investments not covered elsewhere at end of year | 2023-06-30 | $276,494 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-06-30 | $175,652 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-06-30 | $69,184,750 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-06-30 | $2,505,835 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-06-30 | $3,537,956 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-06-30 | $3,717,184 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-06-30 | $73,643 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-06-30 | $62,049 |
| Other income not declared elsewhere | 2023-06-30 | $38,260,211 |
| Administrative expenses (other) incurred | 2023-06-30 | $1,631,389 |
| Liabilities. Value of operating payables at end of year | 2023-06-30 | $229,854 |
| Liabilities. Value of operating payables at beginning of year | 2023-06-30 | $201,082 |
| Total non interest bearing cash at end of year | 2023-06-30 | $4,023,901 |
| Total non interest bearing cash at beginning of year | 2023-06-30 | $2,261,700 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-30 | No |
| Value of net income/loss | 2023-06-30 | $11,966,314 |
| Value of net assets at end of year (total assets less liabilities) | 2023-06-30 | $151,879,781 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-06-30 | $139,913,467 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-06-30 | No |
| Investment advisory and management fees | 2023-06-30 | $53,098 |
| Income. Interest from US Government securities | 2023-06-30 | $1,460,897 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-06-30 | $58,141 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-06-30 | $566,544,749 |
| Asset value of US Government securities at end of year | 2023-06-30 | $144,321,572 |
| Asset value of US Government securities at beginning of year | 2023-06-30 | $133,992,356 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-06-30 | No |
| Contributions received in cash from employer | 2023-06-30 | $470,538,694 |
| Contract administrator fees | 2023-06-30 | $802,083 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2023-06-30 | $23,355 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2023-06-30 | $29,706 |
| Did the plan have assets held for investment | 2023-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-06-30 | No |
| Aggregate proceeds on sale of assets | 2023-06-30 | $39,359,892 |
| Aggregate carrying amount (costs) on sale of assets | 2023-06-30 | $39,370,984 |
| Opinion of an independent qualified public accountant for this plan | 2023-06-30 | Unqualified |
| Accountancy firm name | 2023-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2023-06-30 | 390758449 |
| 2022 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-06-30 | $-7,619,153 |
| Total unrealized appreciation/depreciation of assets | 2022-06-30 | $-7,619,153 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $263,131 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $346,913 |
| Total income from all sources (including contributions) | 2022-06-30 | $560,200,458 |
| Total loss/gain on sale of assets | 2022-06-30 | $-40,276 |
| Total of all expenses incurred | 2022-06-30 | $560,996,475 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $558,437,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $530,878,558 |
| Value of total assets at end of year | 2022-06-30 | $140,176,598 |
| Value of total assets at beginning of year | 2022-06-30 | $141,056,397 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $2,558,873 |
| Total interest from all sources | 2022-06-30 | $1,158,144 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
| Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
| Value of fidelity bond cover | 2022-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
| Contributions received from participants | 2022-06-30 | $7,394,269 |
| Assets. Other investments not covered elsewhere at end of year | 2022-06-30 | $175,652 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-06-30 | $1,137,517 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-06-30 | $68,408,375 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-06-30 | $2,625,623 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-06-30 | $3,717,184 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-06-30 | $5,469,350 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-06-30 | $62,049 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-06-30 | $66,944 |
| Other income not declared elsewhere | 2022-06-30 | $35,823,185 |
| Administrative expenses (other) incurred | 2022-06-30 | $1,679,971 |
| Liabilities. Value of operating payables at end of year | 2022-06-30 | $201,082 |
| Liabilities. Value of operating payables at beginning of year | 2022-06-30 | $279,969 |
| Total non interest bearing cash at end of year | 2022-06-30 | $2,261,700 |
| Total non interest bearing cash at beginning of year | 2022-06-30 | $9,553,235 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Value of net income/loss | 2022-06-30 | $-796,017 |
| Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $139,913,467 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $140,709,484 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
| Investment advisory and management fees | 2022-06-30 | $49,735 |
| Income. Interest from US Government securities | 2022-06-30 | $1,144,152 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-06-30 | $13,992 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-06-30 | $555,811,979 |
| Asset value of US Government securities at end of year | 2022-06-30 | $133,992,356 |
| Asset value of US Government securities at beginning of year | 2022-06-30 | $124,846,556 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
| Contributions received in cash from employer | 2022-06-30 | $455,075,914 |
| Contract administrator fees | 2022-06-30 | $829,167 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2022-06-30 | $29,706 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2022-06-30 | $49,739 |
| Did the plan have assets held for investment | 2022-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
| Aggregate proceeds on sale of assets | 2022-06-30 | $17,523,189 |
| Aggregate carrying amount (costs) on sale of assets | 2022-06-30 | $17,563,465 |
| Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
| Accountancy firm name | 2022-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2022-06-30 | 390758449 |
| 2021 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-06-30 | $-1,192,793 |
| Total unrealized appreciation/depreciation of assets | 2021-06-30 | $-1,192,793 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $346,913 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $335,858 |
| Total income from all sources (including contributions) | 2021-06-30 | $533,322,595 |
| Total loss/gain on sale of assets | 2021-06-30 | $185,702 |
| Total of all expenses incurred | 2021-06-30 | $539,746,008 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $536,867,098 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-30 | $523,843,830 |
| Value of total assets at end of year | 2021-06-30 | $141,056,397 |
| Value of total assets at beginning of year | 2021-06-30 | $147,468,755 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-30 | $2,878,910 |
| Total interest from all sources | 2021-06-30 | $817,649 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-30 | No |
| Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
| Value of fidelity bond cover | 2021-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | No |
| Contributions received from participants | 2021-06-30 | $5,573,858 |
| Assets. Other investments not covered elsewhere at end of year | 2021-06-30 | $1,137,517 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-06-30 | $145,220 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-06-30 | $71,015,159 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-06-30 | $2,538,367 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-06-30 | $5,469,350 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-06-30 | $59,562,211 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-06-30 | $66,944 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-06-30 | $97,472 |
| Other income not declared elsewhere | 2021-06-30 | $9,668,207 |
| Administrative expenses (other) incurred | 2021-06-30 | $1,987,118 |
| Liabilities. Value of operating payables at end of year | 2021-06-30 | $279,969 |
| Liabilities. Value of operating payables at beginning of year | 2021-06-30 | $238,386 |
| Total non interest bearing cash at end of year | 2021-06-30 | $9,553,235 |
| Total non interest bearing cash at beginning of year | 2021-06-30 | $5,008,488 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
| Value of net income/loss | 2021-06-30 | $-6,423,413 |
| Value of net assets at end of year (total assets less liabilities) | 2021-06-30 | $140,709,484 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-06-30 | $147,132,897 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
| Investment advisory and management fees | 2021-06-30 | $39,292 |
| Income. Interest from US Government securities | 2021-06-30 | $804,023 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-06-30 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-06-30 | $1,432,752 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-06-30 | $1,432,752 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-06-30 | $13,626 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-06-30 | $534,328,731 |
| Asset value of US Government securities at end of year | 2021-06-30 | $124,846,556 |
| Asset value of US Government securities at beginning of year | 2021-06-30 | $81,294,107 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
| Contributions received in cash from employer | 2021-06-30 | $447,254,813 |
| Contract administrator fees | 2021-06-30 | $852,500 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2021-06-30 | $49,739 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2021-06-30 | $25,977 |
| Did the plan have assets held for investment | 2021-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
| Aggregate proceeds on sale of assets | 2021-06-30 | $76,268,223 |
| Aggregate carrying amount (costs) on sale of assets | 2021-06-30 | $76,082,521 |
| Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Unqualified |
| Accountancy firm name | 2021-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2021-06-30 | 390758449 |
| 2020 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-06-30 | $138,531 |
| Total unrealized appreciation/depreciation of assets | 2020-06-30 | $138,531 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $335,858 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $392,844 |
| Total income from all sources (including contributions) | 2020-06-30 | $584,003,431 |
| Total loss/gain on sale of assets | 2020-06-30 | $141,489 |
| Total of all expenses incurred | 2020-06-30 | $534,694,434 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-06-30 | $531,978,792 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-06-30 | $519,094,991 |
| Value of total assets at end of year | 2020-06-30 | $147,468,755 |
| Value of total assets at beginning of year | 2020-06-30 | $98,216,744 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-06-30 | $2,715,642 |
| Total interest from all sources | 2020-06-30 | $1,385,522 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-06-30 | No |
| Was this plan covered by a fidelity bond | 2020-06-30 | Yes |
| Value of fidelity bond cover | 2020-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-06-30 | No |
| Contributions received from participants | 2020-06-30 | $6,405,600 |
| Assets. Other investments not covered elsewhere at end of year | 2020-06-30 | $145,220 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-06-30 | $1,194,184 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-06-30 | $77,416,387 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-06-30 | $2,957,037 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-06-30 | $59,562,211 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-06-30 | $28,765,539 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-06-30 | $97,472 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-06-30 | $105,244 |
| Other income not declared elsewhere | 2020-06-30 | $63,242,898 |
| Administrative expenses (other) incurred | 2020-06-30 | $1,815,726 |
| Liabilities. Value of operating payables at end of year | 2020-06-30 | $238,386 |
| Liabilities. Value of operating payables at beginning of year | 2020-06-30 | $287,600 |
| Total non interest bearing cash at end of year | 2020-06-30 | $5,008,488 |
| Total non interest bearing cash at beginning of year | 2020-06-30 | $6,321,205 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-06-30 | No |
| Value of net income/loss | 2020-06-30 | $49,308,997 |
| Value of net assets at end of year (total assets less liabilities) | 2020-06-30 | $147,132,897 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-06-30 | $97,823,900 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-06-30 | No |
| Investment advisory and management fees | 2020-06-30 | $28,883 |
| Income. Interest from US Government securities | 2020-06-30 | $1,295,457 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-06-30 | $1,432,752 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-06-30 | $4,299,537 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-06-30 | $4,299,537 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-06-30 | $90,065 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-06-30 | $529,021,755 |
| Asset value of US Government securities at end of year | 2020-06-30 | $81,294,107 |
| Asset value of US Government securities at beginning of year | 2020-06-30 | $57,584,625 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-06-30 | No |
| Contributions received in cash from employer | 2020-06-30 | $435,273,004 |
| Contract administrator fees | 2020-06-30 | $871,033 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2020-06-30 | $25,977 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2020-06-30 | $51,654 |
| Did the plan have assets held for investment | 2020-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-06-30 | No |
| Aggregate proceeds on sale of assets | 2020-06-30 | $89,042,015 |
| Aggregate carrying amount (costs) on sale of assets | 2020-06-30 | $88,900,526 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-06-30 | Unqualified |
| Accountancy firm name | 2020-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2020-06-30 | 390758449 |
| 2019 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-06-30 | $553,198 |
| Total unrealized appreciation/depreciation of assets | 2019-06-30 | $553,198 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $392,844 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $217,263 |
| Total income from all sources (including contributions) | 2019-06-30 | $539,469,196 |
| Total loss/gain on sale of assets | 2019-06-30 | $107,183 |
| Total of all expenses incurred | 2019-06-30 | $517,888,489 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-06-30 | $515,254,788 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-06-30 | $504,977,410 |
| Value of total assets at end of year | 2019-06-30 | $98,216,744 |
| Value of total assets at beginning of year | 2019-06-30 | $76,460,456 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-06-30 | $2,633,701 |
| Total interest from all sources | 2019-06-30 | $972,729 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-06-30 | No |
| Was this plan covered by a fidelity bond | 2019-06-30 | Yes |
| Value of fidelity bond cover | 2019-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-06-30 | No |
| Contributions received from participants | 2019-06-30 | $6,617,033 |
| Assets. Other investments not covered elsewhere at end of year | 2019-06-30 | $1,194,184 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-06-30 | $1,106,804 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-06-30 | $76,094,382 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-06-30 | $2,703,697 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-06-30 | $28,765,539 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-06-30 | $25,369,072 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-06-30 | $105,244 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-06-30 | $65,270 |
| Other income not declared elsewhere | 2019-06-30 | $32,858,676 |
| Administrative expenses (other) incurred | 2019-06-30 | $1,679,586 |
| Liabilities. Value of operating payables at end of year | 2019-06-30 | $287,600 |
| Liabilities. Value of operating payables at beginning of year | 2019-06-30 | $151,993 |
| Total non interest bearing cash at end of year | 2019-06-30 | $6,321,205 |
| Total non interest bearing cash at beginning of year | 2019-06-30 | $3,021,540 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-06-30 | No |
| Value of net income/loss | 2019-06-30 | $21,580,707 |
| Value of net assets at end of year (total assets less liabilities) | 2019-06-30 | $97,823,900 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-06-30 | $76,243,193 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-06-30 | No |
| Investment advisory and management fees | 2019-06-30 | $21,315 |
| Income. Interest from US Government securities | 2019-06-30 | $838,368 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-06-30 | $4,299,537 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-06-30 | $1,709,131 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-06-30 | $1,709,131 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-06-30 | $134,361 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-06-30 | $512,551,091 |
| Asset value of US Government securities at end of year | 2019-06-30 | $57,584,625 |
| Asset value of US Government securities at beginning of year | 2019-06-30 | $45,194,604 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-06-30 | No |
| Contributions received in cash from employer | 2019-06-30 | $422,265,995 |
| Contract administrator fees | 2019-06-30 | $932,800 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-06-30 | No |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2019-06-30 | $51,654 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2019-06-30 | $59,305 |
| Did the plan have assets held for investment | 2019-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-06-30 | No |
| Aggregate proceeds on sale of assets | 2019-06-30 | $14,400,000 |
| Aggregate carrying amount (costs) on sale of assets | 2019-06-30 | $14,292,817 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-06-30 | Unqualified |
| Accountancy firm name | 2019-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2019-06-30 | 390758449 |
| 2018 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-06-30 | $-103,212 |
| Total unrealized appreciation/depreciation of assets | 2018-06-30 | $-103,212 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $217,263 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $253,897 |
| Total income from all sources (including contributions) | 2018-06-30 | $514,237,304 |
| Total loss/gain on sale of assets | 2018-06-30 | $-73,894 |
| Total of all expenses incurred | 2018-06-30 | $496,263,905 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-06-30 | $493,825,289 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-06-30 | $484,186,994 |
| Value of total assets at end of year | 2018-06-30 | $76,460,456 |
| Value of total assets at beginning of year | 2018-06-30 | $58,523,691 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-06-30 | $2,438,616 |
| Total interest from all sources | 2018-06-30 | $560,580 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-06-30 | No |
| Was this plan covered by a fidelity bond | 2018-06-30 | Yes |
| Value of fidelity bond cover | 2018-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-06-30 | No |
| Contributions received from participants | 2018-06-30 | $6,666,305 |
| Assets. Other investments not covered elsewhere at end of year | 2018-06-30 | $1,106,804 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-06-30 | $773,841 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-06-30 | $74,380,120 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-06-30 | $2,528,530 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-06-30 | $25,369,072 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-06-30 | $8,835,938 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-06-30 | $65,270 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-06-30 | $69,676 |
| Other income not declared elsewhere | 2018-06-30 | $29,666,836 |
| Administrative expenses (other) incurred | 2018-06-30 | $1,429,239 |
| Liabilities. Value of operating payables at end of year | 2018-06-30 | $151,993 |
| Liabilities. Value of operating payables at beginning of year | 2018-06-30 | $184,221 |
| Total non interest bearing cash at end of year | 2018-06-30 | $3,021,540 |
| Total non interest bearing cash at beginning of year | 2018-06-30 | $4,418,203 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-06-30 | No |
| Value of net income/loss | 2018-06-30 | $17,973,399 |
| Value of net assets at end of year (total assets less liabilities) | 2018-06-30 | $76,243,193 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-06-30 | $58,269,794 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-06-30 | No |
| Investment advisory and management fees | 2018-06-30 | $19,377 |
| Income. Interest from US Government securities | 2018-06-30 | $501,336 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-06-30 | $1,709,131 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-06-30 | $470,000 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-06-30 | $470,000 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-06-30 | $59,244 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-06-30 | $491,296,759 |
| Asset value of US Government securities at end of year | 2018-06-30 | $45,194,604 |
| Asset value of US Government securities at beginning of year | 2018-06-30 | $43,974,188 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-06-30 | No |
| Contributions received in cash from employer | 2018-06-30 | $403,140,569 |
| Contract administrator fees | 2018-06-30 | $990,000 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-06-30 | No |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2018-06-30 | $59,305 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2018-06-30 | $51,521 |
| Did the plan have assets held for investment | 2018-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-06-30 | No |
| Aggregate proceeds on sale of assets | 2018-06-30 | $9,533,168 |
| Aggregate carrying amount (costs) on sale of assets | 2018-06-30 | $9,607,062 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-06-30 | Unqualified |
| Accountancy firm name | 2018-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2018-06-30 | 390758449 |
| 2017 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-06-30 | $-584,492 |
| Total unrealized appreciation/depreciation of assets | 2017-06-30 | $-584,492 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-06-30 | $253,897 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-06-30 | $1,225,835 |
| Total income from all sources (including contributions) | 2017-06-30 | $477,949,242 |
| Total loss/gain on sale of assets | 2017-06-30 | $101,440 |
| Total of all expenses incurred | 2017-06-30 | $475,165,050 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-06-30 | $472,713,128 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-06-30 | $462,154,175 |
| Value of total assets at end of year | 2017-06-30 | $58,523,691 |
| Value of total assets at beginning of year | 2017-06-30 | $56,711,437 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-06-30 | $2,451,922 |
| Total interest from all sources | 2017-06-30 | $522,159 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-06-30 | No |
| Was this plan covered by a fidelity bond | 2017-06-30 | Yes |
| Value of fidelity bond cover | 2017-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-06-30 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2017-06-30 | $15,498 |
| Contributions received from participants | 2017-06-30 | $6,611,955 |
| Assets. Other investments not covered elsewhere at end of year | 2017-06-30 | $773,841 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-06-30 | $1,015,157 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-06-30 | $73,456,905 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-06-30 | $2,251,210 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-06-30 | $8,835,938 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-06-30 | $404,884 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-06-30 | $69,676 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-06-30 | $1,049,297 |
| Other income not declared elsewhere | 2017-06-30 | $15,755,960 |
| Administrative expenses (other) incurred | 2017-06-30 | $1,442,446 |
| Liabilities. Value of operating payables at end of year | 2017-06-30 | $184,221 |
| Liabilities. Value of operating payables at beginning of year | 2017-06-30 | $176,538 |
| Total non interest bearing cash at end of year | 2017-06-30 | $4,418,203 |
| Total non interest bearing cash at beginning of year | 2017-06-30 | $3,430,227 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-06-30 | No |
| Value of net income/loss | 2017-06-30 | $2,784,192 |
| Value of net assets at end of year (total assets less liabilities) | 2017-06-30 | $58,269,794 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-06-30 | $55,485,602 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-06-30 | No |
| Investment advisory and management fees | 2017-06-30 | $17,809 |
| Income. Interest from US Government securities | 2017-06-30 | $496,677 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-06-30 | $470,000 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-06-30 | $1,812,540 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-06-30 | $1,812,540 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-06-30 | $25,482 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-06-30 | $470,461,918 |
| Asset value of US Government securities at end of year | 2017-06-30 | $43,974,188 |
| Asset value of US Government securities at beginning of year | 2017-06-30 | $49,984,738 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-06-30 | No |
| Contributions received in cash from employer | 2017-06-30 | $382,085,315 |
| Contract administrator fees | 2017-06-30 | $991,667 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-06-30 | No |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2017-06-30 | $51,521 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2017-06-30 | $63,891 |
| Did the plan have assets held for investment | 2017-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-06-30 | No |
| Aggregate proceeds on sale of assets | 2017-06-30 | $32,215,239 |
| Aggregate carrying amount (costs) on sale of assets | 2017-06-30 | $32,113,799 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-06-30 | Unqualified |
| Accountancy firm name | 2017-06-30 | MACPAGE LLC |
| Accountancy firm EIN | 2017-06-30 | 010242373 |
| 2016 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2016-06-30 | $302,953 |
| Total unrealized appreciation/depreciation of assets | 2016-06-30 | $302,953 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-06-30 | $1,225,835 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-06-30 | $207,095 |
| Total income from all sources (including contributions) | 2016-06-30 | $10,605,106 |
| Total loss/gain on sale of assets | 2016-06-30 | $-18,058 |
| Total of all expenses incurred | 2016-06-30 | $14,137,787 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-06-30 | $11,728,061 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-06-30 | $442,163,641 |
| Value of total assets at end of year | 2016-06-30 | $56,711,437 |
| Value of total assets at beginning of year | 2016-06-30 | $59,225,378 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-06-30 | $2,409,726 |
| Total interest from all sources | 2016-06-30 | $553,395 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-06-30 | No |
| Was this plan covered by a fidelity bond | 2016-06-30 | Yes |
| Value of fidelity bond cover | 2016-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-06-30 | No |
| Contributions received from participants | 2016-06-30 | $6,305,825 |
| Assets. Other investments not covered elsewhere at end of year | 2016-06-30 | $1,015,157 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-06-30 | $29,249 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-06-30 | $69,841,372 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-06-30 | $1,560,061 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-06-30 | $404,884 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-06-30 | $71,380 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-06-30 | $1,049,297 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-06-30 | $46,372 |
| Other income not declared elsewhere | 2016-06-30 | $9,766,816 |
| Administrative expenses (other) incurred | 2016-06-30 | $1,380,842 |
| Liabilities. Value of operating payables at end of year | 2016-06-30 | $176,538 |
| Liabilities. Value of operating payables at beginning of year | 2016-06-30 | $160,723 |
| Total non interest bearing cash at end of year | 2016-06-30 | $3,430,227 |
| Total non interest bearing cash at beginning of year | 2016-06-30 | $2,882,203 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-06-30 | No |
| Value of net income/loss | 2016-06-30 | $-3,532,681 |
| Value of net assets at end of year (total assets less liabilities) | 2016-06-30 | $55,485,602 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-06-30 | $59,018,283 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-06-30 | No |
| Investment advisory and management fees | 2016-06-30 | $21,406 |
| Income. Interest from US Government securities | 2016-06-30 | $542,404 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-06-30 | $1,812,540 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-06-30 | $19,796,549 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-06-30 | $19,796,549 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-06-30 | $10,991 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-06-30 | $10,168,000 |
| Asset value of US Government securities at end of year | 2016-06-30 | $49,984,738 |
| Asset value of US Government securities at beginning of year | 2016-06-30 | $36,381,361 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-06-30 | No |
| Contributions received in cash from employer | 2016-06-30 | $366,016,444 |
| Contract administrator fees | 2016-06-30 | $1,007,478 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-06-30 | No |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2016-06-30 | $63,891 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2016-06-30 | $64,636 |
| Did the plan have assets held for investment | 2016-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-06-30 | No |
| Aggregate proceeds on sale of assets | 2016-06-30 | $25,041,960 |
| Aggregate carrying amount (costs) on sale of assets | 2016-06-30 | $25,060,018 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-06-30 | Unqualified |
| Accountancy firm name | 2016-06-30 | MACPAGE LLC |
| Accountancy firm EIN | 2016-06-30 | 010242373 |
| 2015 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2015-06-30 | $188,910 |
| Total unrealized appreciation/depreciation of assets | 2015-06-30 | $188,910 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-06-30 | $207,095 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-06-30 | $115,161 |
| Total income from all sources (including contributions) | 2015-06-30 | $25,374,942 |
| Total loss/gain on sale of assets | 2015-06-30 | $-31,386 |
| Total of all expenses incurred | 2015-06-30 | $12,486,758 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-06-30 | $10,101,157 |
| Value of total assets at end of year | 2015-06-30 | $59,225,378 |
| Value of total assets at beginning of year | 2015-06-30 | $46,245,260 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-06-30 | $2,385,601 |
| Total interest from all sources | 2015-06-30 | $376,988 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-06-30 | No |
| Was this plan covered by a fidelity bond | 2015-06-30 | Yes |
| Value of fidelity bond cover | 2015-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2015-06-30 | $29,249 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-06-30 | $58,412 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-06-30 | $1,155,157 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-06-30 | $71,380 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-06-30 | $403,386 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-06-30 | $46,372 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-06-30 | $38,161 |
| Other income not declared elsewhere | 2015-06-30 | $24,840,430 |
| Administrative expenses (other) incurred | 2015-06-30 | $1,316,563 |
| Liabilities. Value of operating payables at end of year | 2015-06-30 | $160,723 |
| Liabilities. Value of operating payables at beginning of year | 2015-06-30 | $77,000 |
| Total non interest bearing cash at end of year | 2015-06-30 | $2,882,203 |
| Total non interest bearing cash at beginning of year | 2015-06-30 | $1,659,432 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-06-30 | No |
| Value of net income/loss | 2015-06-30 | $12,888,184 |
| Value of net assets at end of year (total assets less liabilities) | 2015-06-30 | $59,018,283 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-06-30 | $46,130,099 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-06-30 | No |
| Investment advisory and management fees | 2015-06-30 | $19,473 |
| Income. Interest from US Government securities | 2015-06-30 | $376,385 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-06-30 | $19,796,549 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-06-30 | $4,061,430 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-06-30 | $4,061,430 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-06-30 | $603 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-06-30 | $8,946,000 |
| Asset value of US Government securities at end of year | 2015-06-30 | $36,381,361 |
| Asset value of US Government securities at beginning of year | 2015-06-30 | $39,963,107 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-06-30 | No |
| Contract administrator fees | 2015-06-30 | $1,049,565 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-06-30 | No |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2015-06-30 | $64,636 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2015-06-30 | $99,493 |
| Did the plan have assets held for investment | 2015-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-06-30 | No |
| Aggregate proceeds on sale of assets | 2015-06-30 | $5,735,273 |
| Aggregate carrying amount (costs) on sale of assets | 2015-06-30 | $5,766,659 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-06-30 | Unqualified |
| Accountancy firm name | 2015-06-30 | MACPAGE LLC |
| Accountancy firm EIN | 2015-06-30 | 010242373 |
| 2014 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2014-06-30 | $170,242 |
| Total unrealized appreciation/depreciation of assets | 2014-06-30 | $170,242 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-06-30 | $115,161 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-06-30 | $104,912 |
| Total income from all sources (including contributions) | 2014-06-30 | $24,923,993 |
| Total loss/gain on sale of assets | 2014-06-30 | $-150,227 |
| Total of all expenses incurred | 2014-06-30 | $18,306,919 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-06-30 | $15,932,782 |
| Value of total assets at end of year | 2014-06-30 | $46,245,260 |
| Value of total assets at beginning of year | 2014-06-30 | $39,617,937 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-06-30 | $2,374,137 |
| Total interest from all sources | 2014-06-30 | $318,258 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-06-30 | No |
| Was this plan covered by a fidelity bond | 2014-06-30 | Yes |
| Value of fidelity bond cover | 2014-06-30 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2014-06-30 | $58,412 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-06-30 | $104,712 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-06-30 | $932,782 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-06-30 | $403,386 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-06-30 | $262,488 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-06-30 | $38,161 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-06-30 | $36,576 |
| Other income not declared elsewhere | 2014-06-30 | $24,585,720 |
| Administrative expenses (other) incurred | 2014-06-30 | $1,288,085 |
| Liabilities. Value of operating payables at end of year | 2014-06-30 | $77,000 |
| Liabilities. Value of operating payables at beginning of year | 2014-06-30 | $68,336 |
| Total non interest bearing cash at end of year | 2014-06-30 | $1,659,432 |
| Total non interest bearing cash at beginning of year | 2014-06-30 | $916,714 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-06-30 | No |
| Value of net income/loss | 2014-06-30 | $6,617,074 |
| Value of net assets at end of year (total assets less liabilities) | 2014-06-30 | $46,130,099 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-06-30 | $39,513,025 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-06-30 | No |
| Investment advisory and management fees | 2014-06-30 | $15,994 |
| Income. Interest from US Government securities | 2014-06-30 | $318,060 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-06-30 | $4,061,430 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-06-30 | $13,830,602 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-06-30 | $13,830,602 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-06-30 | $198 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-06-30 | $15,000,000 |
| Asset value of US Government securities at end of year | 2014-06-30 | $39,963,107 |
| Asset value of US Government securities at beginning of year | 2014-06-30 | $24,453,006 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-06-30 | No |
| Contract administrator fees | 2014-06-30 | $1,070,058 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2014-06-30 | No |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2014-06-30 | $99,493 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2014-06-30 | $50,415 |
| Did the plan have assets held for investment | 2014-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-06-30 | No |
| Aggregate proceeds on sale of assets | 2014-06-30 | $17,789,080 |
| Aggregate carrying amount (costs) on sale of assets | 2014-06-30 | $17,939,307 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-06-30 | Unqualified |
| Accountancy firm name | 2014-06-30 | MACPAGE LLC |
| Accountancy firm EIN | 2014-06-30 | 010242373 |
| 2013 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-06-30 | $-162,020 |
| Total unrealized appreciation/depreciation of assets | 2013-06-30 | $-162,020 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-06-30 | $104,912 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-06-30 | $687,856 |
| Total income from all sources (including contributions) | 2013-06-30 | $7,043,262 |
| Total loss/gain on sale of assets | 2013-06-30 | $-132,701 |
| Total of all expenses incurred | 2013-06-30 | $30,845,311 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-06-30 | $28,753,363 |
| Value of total assets at end of year | 2013-06-30 | $39,617,937 |
| Value of total assets at beginning of year | 2013-06-30 | $64,002,930 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-06-30 | $2,091,948 |
| Total interest from all sources | 2013-06-30 | $372,268 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-06-30 | No |
| Was this plan covered by a fidelity bond | 2013-06-30 | Yes |
| Value of fidelity bond cover | 2013-06-30 | $2,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2013-06-30 | $104,712 |
| Assets. Other investments not covered elsewhere at beginning of year | 2013-06-30 | $57,548 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-06-30 | $1,135,412 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-06-30 | $262,488 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-06-30 | $1,274,561 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-06-30 | $36,576 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-06-30 | $617,876 |
| Other income not declared elsewhere | 2013-06-30 | $6,965,715 |
| Administrative expenses (other) incurred | 2013-06-30 | $1,022,653 |
| Liabilities. Value of operating payables at end of year | 2013-06-30 | $68,336 |
| Liabilities. Value of operating payables at beginning of year | 2013-06-30 | $69,980 |
| Total non interest bearing cash at end of year | 2013-06-30 | $916,714 |
| Total non interest bearing cash at beginning of year | 2013-06-30 | $1,687,771 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-06-30 | No |
| Value of net income/loss | 2013-06-30 | $-23,802,049 |
| Value of net assets at end of year (total assets less liabilities) | 2013-06-30 | $39,513,025 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-06-30 | $63,315,074 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-06-30 | No |
| Investment advisory and management fees | 2013-06-30 | $19,637 |
| Income. Interest from US Government securities | 2013-06-30 | $371,588 |
| Value of interest in common/collective trusts at end of year | 2013-06-30 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-06-30 | $13,830,602 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-06-30 | $20,388,152 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-06-30 | $20,388,152 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-06-30 | $680 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-06-30 | $27,617,951 |
| Asset value of US Government securities at end of year | 2013-06-30 | $24,453,006 |
| Asset value of US Government securities at beginning of year | 2013-06-30 | $40,552,230 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-06-30 | No |
| Contract administrator fees | 2013-06-30 | $1,049,658 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2013-06-30 | $50,415 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2013-06-30 | $42,668 |
| Did the plan have assets held for investment | 2013-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-06-30 | No |
| Aggregate proceeds on sale of assets | 2013-06-30 | $30,805,000 |
| Aggregate carrying amount (costs) on sale of assets | 2013-06-30 | $30,937,701 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-06-30 | Unqualified |
| Accountancy firm name | 2013-06-30 | MACPAGE LLC |
| Accountancy firm EIN | 2013-06-30 | 010242373 |
| 2012 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-06-30 | $-245,170 |
| Total unrealized appreciation/depreciation of assets | 2012-06-30 | $-245,170 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-06-30 | $687,856 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-06-30 | $545,390 |
| Total income from all sources (including contributions) | 2012-06-30 | $14,665,815 |
| Total loss/gain on sale of assets | 2012-06-30 | $-150,088 |
| Total of all expenses incurred | 2012-06-30 | $22,877,769 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-06-30 | $20,666,483 |
| Value of total assets at end of year | 2012-06-30 | $64,002,930 |
| Value of total assets at beginning of year | 2012-06-30 | $72,072,418 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-06-30 | $2,211,286 |
| Total interest from all sources | 2012-06-30 | $786,296 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-06-30 | No |
| Was this plan covered by a fidelity bond | 2012-06-30 | Yes |
| Value of fidelity bond cover | 2012-06-30 | $2,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2012-06-30 | $57,548 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-06-30 | $33,858 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-06-30 | $1,316,483 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-06-30 | $1,274,561 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-06-30 | $1,352,256 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-06-30 | $617,876 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-06-30 | $355,435 |
| Other income not declared elsewhere | 2012-06-30 | $14,274,777 |
| Administrative expenses (other) incurred | 2012-06-30 | $1,165,788 |
| Liabilities. Value of operating payables at end of year | 2012-06-30 | $69,980 |
| Liabilities. Value of operating payables at beginning of year | 2012-06-30 | $189,955 |
| Total non interest bearing cash at end of year | 2012-06-30 | $1,687,771 |
| Total non interest bearing cash at beginning of year | 2012-06-30 | $2,664,279 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-06-30 | No |
| Value of net income/loss | 2012-06-30 | $-8,211,954 |
| Value of net assets at end of year (total assets less liabilities) | 2012-06-30 | $63,315,074 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-06-30 | $71,527,028 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-06-30 | No |
| Investment advisory and management fees | 2012-06-30 | $25,952 |
| Income. Interest from US Government securities | 2012-06-30 | $782,308 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-06-30 | $20,388,152 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-06-30 | $44,498,468 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-06-30 | $44,498,468 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-06-30 | $3,988 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-06-30 | $19,350,000 |
| Asset value of US Government securities at end of year | 2012-06-30 | $40,552,230 |
| Asset value of US Government securities at beginning of year | 2012-06-30 | $23,476,271 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-06-30 | No |
| Contract administrator fees | 2012-06-30 | $1,019,546 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2012-06-30 | $42,668 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2012-06-30 | $47,286 |
| Did the plan have assets held for investment | 2012-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-06-30 | No |
| Aggregate proceeds on sale of assets | 2012-06-30 | $41,224,550 |
| Aggregate carrying amount (costs) on sale of assets | 2012-06-30 | $41,374,638 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-06-30 | Unqualified |
| Accountancy firm name | 2012-06-30 | MACPAGE LLC |
| Accountancy firm EIN | 2012-06-30 | 010242373 |
| 2011 : MAINE EDUCATION ASSOCIATION BENEFITS TRUST 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-06-30 | $-1,607,178 |
| Total unrealized appreciation/depreciation of assets | 2011-06-30 | $-1,607,178 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-06-30 | $545,390 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-06-30 | $114,450 |
| Total income from all sources (including contributions) | 2011-06-30 | $5,511,475 |
| Total loss/gain on sale of assets | 2011-06-30 | $1,423,833 |
| Total of all expenses incurred | 2011-06-30 | $21,391,230 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-06-30 | $17,800,000 |
| Value of total assets at end of year | 2011-06-30 | $72,072,418 |
| Value of total assets at beginning of year | 2011-06-30 | $87,521,233 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-06-30 | $3,591,230 |
| Total interest from all sources | 2011-06-30 | $586,522 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-06-30 | No |
| Was this plan covered by a fidelity bond | 2011-06-30 | Yes |
| Value of fidelity bond cover | 2011-06-30 | $2,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2011-06-30 | $33,858 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-06-30 | $48,734 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-06-30 | $1,352,256 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-06-30 | $836,088 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-06-30 | $355,435 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-06-30 | $33,936 |
| Other income not declared elsewhere | 2011-06-30 | $5,108,298 |
| Administrative expenses (other) incurred | 2011-06-30 | $2,559,953 |
| Liabilities. Value of operating payables at end of year | 2011-06-30 | $189,955 |
| Liabilities. Value of operating payables at beginning of year | 2011-06-30 | $80,514 |
| Total non interest bearing cash at end of year | 2011-06-30 | $2,664,279 |
| Total non interest bearing cash at beginning of year | 2011-06-30 | $3,510,653 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-06-30 | No |
| Value of net income/loss | 2011-06-30 | $-15,879,755 |
| Value of net assets at end of year (total assets less liabilities) | 2011-06-30 | $71,527,028 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-06-30 | $87,406,783 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-06-30 | No |
| Investment advisory and management fees | 2011-06-30 | $30,378 |
| Income. Interest from US Government securities | 2011-06-30 | $580,139 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-06-30 | $44,498,468 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-06-30 | $17,759,189 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-06-30 | $17,759,189 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-06-30 | $6,383 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-06-30 | $17,800,000 |
| Asset value of US Government securities at end of year | 2011-06-30 | $23,476,271 |
| Asset value of US Government securities at beginning of year | 2011-06-30 | $65,324,248 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-06-30 | No |
| Contract administrator fees | 2011-06-30 | $1,000,899 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2011-06-30 | $47,286 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2011-06-30 | $42,321 |
| Did the plan have assets held for investment | 2011-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-06-30 | No |
| Aggregate proceeds on sale of assets | 2011-06-30 | $62,600,901 |
| Aggregate carrying amount (costs) on sale of assets | 2011-06-30 | $61,177,068 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-06-30 | Unqualified |
| Accountancy firm name | 2011-06-30 | MACDONALD PAGE & CO. LLC |
| Accountancy firm EIN | 2011-06-30 | 010242373 |
