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MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 401k Plan overview

Plan NameMASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN
Plan identification number 002

MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Code section 401(h) arrangement - Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • Health (other than dental or vision)
  • Life insurance
  • Vision

401k Sponsoring company profile

MASSACHUSETTS INSTITUTE OF TECHNOLOGY has sponsored the creation of one or more 401k plans.

Company Name:MASSACHUSETTS INSTITUTE OF TECHNOLOGY
Employer identification number (EIN):042103594
NAIC Classification:611000

Additional information about MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1913657

More information about MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01GLEN SHOR
0022016-01-01GLEN SHOR
0022015-01-01GLEN SHOR
0022014-01-01BASIL STEWART
0022013-01-01BASIL STEWART
0022012-01-01BASIL STEWART
0022011-01-01MICHAEL W. HOWARD
0022010-01-01ISRAEL RUIZ
0022009-01-01ISRAEL RUIZ
0022009-01-01ISRAEL RUIZ

Plan Statistics for MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN

401k plan membership statisitcs for MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN

Measure Date Value
2022: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-316,446,127,284
Acturial value of plan assets2022-12-315,801,514,556
Funding target for retired participants and beneficiaries receiving payment2022-12-311,347,699,233
Number of terminated vested participants2022-12-3110,276
Fundng target for terminated vested participants2022-12-31684,377,653
Active participant vested funding target2022-12-311,767,779,136
Number of active participants2022-12-3111,835
Total funding liabilities for active participants2022-12-311,903,379,532
Total participant count2022-12-3128,125
Total funding target for all participants2022-12-313,935,456,418
Balance at beginning of prior year after applicable adjustments2022-12-31280,377,919
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31312,436,787
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-31280,377,919
Amount remaining of prefunding balance2022-12-31312,436,787
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-31334,406,744
Balance of prefunding at beginning of current year2022-12-31372,643,356
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31104,254,294
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-0128,125
Total number of active participants reported on line 7a of the Form 55002022-01-0111,888
Number of retired or separated participants receiving benefits2022-01-015,001
Number of other retired or separated participants entitled to future benefits2022-01-0110,590
Total of all active and inactive participants2022-01-0127,479
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011,094
Total participants2022-01-0128,573
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011,109
2021: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-315,566,794,886
Acturial value of plan assets2021-12-315,010,115,397
Funding target for retired participants and beneficiaries receiving payment2021-12-311,228,148,887
Number of terminated vested participants2021-12-3110,018
Fundng target for terminated vested participants2021-12-31614,744,128
Active participant vested funding target2021-12-311,646,917,607
Number of active participants2021-12-3112,143
Total funding liabilities for active participants2021-12-311,771,334,399
Total participant count2021-12-3128,135
Total funding target for all participants2021-12-313,614,227,414
Balance at beginning of prior year after applicable adjustments2021-12-31205,600,879
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31229,109,619
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-31205,600,879
Amount remaining of prefunding balance2021-12-31229,109,619
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-31280,377,919
Balance of prefunding at beginning of current year2021-12-31312,436,787
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31100,699,155
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-0128,135
Total number of active participants reported on line 7a of the Form 55002021-01-0111,835
Number of retired or separated participants receiving benefits2021-01-014,961
Number of other retired or separated participants entitled to future benefits2021-01-0110,227
Total of all active and inactive participants2021-01-0127,023
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011,102
Total participants2021-01-0128,125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01926
2020: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-314,221,854,596
Acturial value of plan assets2020-12-314,000,275,722
Funding target for retired participants and beneficiaries receiving payment2020-12-311,153,100,688
Number of terminated vested participants2020-12-319,704
Fundng target for terminated vested participants2020-12-31551,720,386
Active participant vested funding target2020-12-311,503,647,214
Number of active participants2020-12-3111,891
Total funding liabilities for active participants2020-12-311,626,205,562
Total participant count2020-12-3127,553
Total funding target for all participants2020-12-313,331,026,636
Balance at beginning of prior year after applicable adjustments2020-12-31268,082,120
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31195,003,506
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-3193,087,755
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-31174,994,365
Amount remaining of prefunding balance2020-12-31195,003,506
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-31205,600,879
Balance of prefunding at beginning of current year2020-12-31229,109,619
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3193,861,019
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0127,664
Total number of active participants reported on line 7a of the Form 55002020-01-0112,143
Number of retired or separated participants receiving benefits2020-01-014,940
Number of other retired or separated participants entitled to future benefits2020-01-019,809
Total of all active and inactive participants2020-01-0126,892
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011,243
Total participants2020-01-0128,135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01701
2019: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-313,739,919,090
Acturial value of plan assets2019-12-313,727,433,418
Funding target for retired participants and beneficiaries receiving payment2019-12-311,128,837,584
Number of terminated vested participants2019-12-319,283
Fundng target for terminated vested participants2019-12-31535,972,701
Active participant vested funding target2019-12-311,474,892,841
Number of active participants2019-12-3111,642
Total funding liabilities for active participants2019-12-311,609,458,700
Total participant count2019-12-3126,899
Total funding target for all participants2019-12-313,274,268,985
Balance at beginning of prior year after applicable adjustments2019-12-31263,341,965
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31191,555,507
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-31263,341,965
Amount remaining of prefunding balance2019-12-31191,555,507
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-31268,082,120
Balance of prefunding at beginning of current year2019-12-31195,003,506
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3193,087,755
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3193,087,755
Carryover balance elected to use to offset funding requirement2019-12-3193,087,755
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0126,899
Total number of active participants reported on line 7a of the Form 55002019-01-0111,892
Number of retired or separated participants receiving benefits2019-01-014,904
Number of other retired or separated participants entitled to future benefits2019-01-019,584
Total of all active and inactive participants2019-01-0126,380
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011,284
Total participants2019-01-0127,664
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-01615
2018: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-313,823,440,914
Acturial value of plan assets2018-12-313,597,397,360
Funding target for retired participants and beneficiaries receiving payment2018-12-311,000,256,683
Number of terminated vested participants2018-12-318,930
Fundng target for terminated vested participants2018-12-31471,028,462
Active participant vested funding target2018-12-311,366,844,887
Number of active participants2018-12-3111,633
Total funding liabilities for active participants2018-12-311,489,492,156
Total participant count2018-12-3126,459
Total funding target for all participants2018-12-312,960,777,301
Balance at beginning of prior year after applicable adjustments2018-12-31223,569,034
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31162,624,592
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-31223,569,034
Amount remaining of prefunding balance2018-12-31162,624,592
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-31263,341,965
Balance of prefunding at beginning of current year2018-12-31191,555,507
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3185,844,534
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0126,459
Total number of active participants reported on line 7a of the Form 55002018-01-0111,642
Number of retired or separated participants receiving benefits2018-01-014,865
Number of other retired or separated participants entitled to future benefits2018-01-019,169
Total of all active and inactive participants2018-01-0125,676
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011,223
Total participants2018-01-0126,899
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-01614
2017: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-313,379,905,126
Acturial value of plan assets2017-12-313,407,188,260
Funding target for retired participants and beneficiaries receiving payment2017-12-31960,895,505
Number of terminated vested participants2017-12-318,600
Fundng target for terminated vested participants2017-12-31423,311,380
Active participant vested funding target2017-12-311,275,903,979
Number of active participants2017-12-3111,459
Total funding liabilities for active participants2017-12-311,395,040,621
Total participant count2017-12-3125,888
Total funding target for all participants2017-12-312,779,247,506
Balance at beginning of prior year after applicable adjustments2017-12-31213,941,659
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3175,709,936
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-31213,941,659
Amount remaining of prefunding balance2017-12-3175,709,936
Present value of excess contributions2017-12-3179,911,683
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3184,842,234
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3183,507,709
Balance of carryovers at beginning of current year2017-12-31223,569,034
Balance of prefunding at beginning of current year2017-12-31162,624,592
Unpaid minimum required contributions for all prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3180,759,306
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Additional cash requirement2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-0125,888
Total number of active participants reported on line 7a of the Form 55002017-01-0111,633
Number of retired or separated participants receiving benefits2017-01-014,789
Number of other retired or separated participants entitled to future benefits2017-01-018,862
Total of all active and inactive participants2017-01-0125,284
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011,175
Total participants2017-01-0126,459
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01615
2016: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-313,290,288,926
Acturial value of plan assets2016-12-313,234,189,926
Funding target for retired participants and beneficiaries receiving payment2016-12-31915,882,958
Number of terminated vested participants2016-12-319,433
Fundng target for terminated vested participants2016-12-31379,305,087
Active participant vested funding target2016-12-311,183,870,563
Number of active participants2016-12-3111,154
Total funding liabilities for active participants2016-12-311,293,766,704
Total participant count2016-12-3126,399
Total funding target for all participants2016-12-312,588,954,749
Balance at beginning of prior year after applicable adjustments2016-12-31196,818,454
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3169,650,355
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-31196,818,454
Amount remaining of prefunding balance2016-12-3169,650,355
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-31213,941,659
Balance of prefunding at beginning of current year2016-12-3175,709,936
Total employer contributions2016-12-3183,000,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3179,911,683
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3174,762,381
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-3179,911,683
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0126,399
Total number of active participants reported on line 7a of the Form 55002016-01-0111,459
Number of retired or separated participants receiving benefits2016-01-014,741
Number of other retired or separated participants entitled to future benefits2016-01-018,560
Total of all active and inactive participants2016-01-0124,760
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011,128
Total participants2016-01-0125,888
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01622
2015: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0126,344
Total number of active participants reported on line 7a of the Form 55002015-01-0111,154
Number of retired or separated participants receiving benefits2015-01-014,754
Number of other retired or separated participants entitled to future benefits2015-01-019,402
Total of all active and inactive participants2015-01-0125,310
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011,089
Total participants2015-01-0126,399
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01591
2014: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0125,782
Total number of active participants reported on line 7a of the Form 55002014-01-0110,716
Number of retired or separated participants receiving benefits2014-01-014,753
Number of other retired or separated participants entitled to future benefits2014-01-019,681
Total of all active and inactive participants2014-01-0125,150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011,194
Total participants2014-01-0126,344
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-01621
2013: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0125,550
Total number of active participants reported on line 7a of the Form 55002013-01-0110,653
Number of retired or separated participants receiving benefits2013-01-014,722
Number of other retired or separated participants entitled to future benefits2013-01-019,433
Total of all active and inactive participants2013-01-0124,808
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-01974
Total participants2013-01-0125,782
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-01486
2012: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0125,097
Total number of active participants reported on line 7a of the Form 55002012-01-0111,026
Number of retired or separated participants receiving benefits2012-01-014,758
Number of other retired or separated participants entitled to future benefits2012-01-018,764
Total of all active and inactive participants2012-01-0124,548
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011,002
Total participants2012-01-0125,550
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-01203
2011: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0123,409
Total number of active participants reported on line 7a of the Form 55002011-01-0111,358
Number of retired or separated participants receiving benefits2011-01-014,305
Number of other retired or separated participants entitled to future benefits2011-01-017,879
Total of all active and inactive participants2011-01-0123,542
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011,445
Total participants2011-01-0124,987
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0110
2010: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0122,510
Total number of active participants reported on line 7a of the Form 55002010-01-0110,735
Number of retired or separated participants receiving benefits2010-01-014,629
Number of other retired or separated participants entitled to future benefits2010-01-017,011
Total of all active and inactive participants2010-01-0122,375
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011,034
Total participants2010-01-0123,409
2009: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0121,923
Total number of active participants reported on line 7a of the Form 55002009-01-0110,702
Number of retired or separated participants receiving benefits2009-01-014,666
Number of other retired or separated participants entitled to future benefits2009-01-016,219
Total of all active and inactive participants2009-01-0121,587
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01923
Total participants2009-01-0122,510

Financial Data on MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN

Measure Date Value
2022 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-957,095,528
Total unrealized appreciation/depreciation of assets2022-12-31$-957,095,528
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$56,686,615
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$36,574,095
Total income from all sources (including contributions)2022-12-31$-1,028,714,053
Total loss/gain on sale of assets2022-12-31$-82,527,145
Total of all expenses incurred2022-12-31$192,947,235
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$185,102,804
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$5,281,152,611
Value of total assets at beginning of year2022-12-31$6,482,701,379
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$7,844,431
Total interest from all sources2022-12-31$8,878,269
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$377,446
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$860,566
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$25,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Assets. Other investments not covered elsewhere at end of year2022-12-31$25,621,503
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$11,026,082
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$6,599,676
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$3,243,168
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$56,416,816
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$35,388,841
Other income not declared elsewhere2022-12-31$1,652,905
Administrative expenses (other) incurred2022-12-31$2,832,993
Liabilities. Value of operating payables at end of year2022-12-31$269,799
Liabilities. Value of operating payables at beginning of year2022-12-31$1,185,254
Total non interest bearing cash at end of year2022-12-31$169,019,277
Total non interest bearing cash at beginning of year2022-12-31$292,385,143
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,221,661,288
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,224,465,996
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,446,127,284
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Assets. partnership/joint venture interests at end of year2022-12-31$4,108,814,000
Assets. partnership/joint venture interests at beginning of year2022-12-31$5,135,580,000
Investment advisory and management fees2022-12-31$2,262,090
Income. Interest from loans (other than to participants)2022-12-31$149,453
Interest earned on other investments2022-12-31$2,243,105
Income. Interest from US Government securities2022-12-31$4,839,907
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$1,645,804
Asset value of US Government securities at end of year2022-12-31$499,413,078
Asset value of US Government securities at beginning of year2022-12-31$575,126,430
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Income. Dividends from common stock2022-12-31$377,446
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$185,102,804
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$61,900
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$11,731
Contract administrator fees2022-12-31$1,888,782
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$471,623,177
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$465,328,825
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$2,212,704,642
Aggregate carrying amount (costs) on sale of assets2022-12-31$2,295,231,787
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2022-12-31134008324
2021 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$917,969,829
Total unrealized appreciation/depreciation of assets2021-12-31$917,969,829
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$36,574,095
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$130,344,709
Total income from all sources (including contributions)2021-12-31$1,055,728,650
Total loss/gain on sale of assets2021-12-31$137,033,331
Total of all expenses incurred2021-12-31$176,397,252
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$169,895,429
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$0
Value of total assets at end of year2021-12-31$6,482,701,379
Value of total assets at beginning of year2021-12-31$5,697,140,595
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$6,501,823
Total interest from all sources2021-12-31$167,169
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$342,029
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$593,123
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$20,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Assets. Other investments not covered elsewhere at end of year2021-12-31$11,026,082
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$1,245,612
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$3,243,168
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$22,482,162
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$35,388,841
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$129,558,428
Other income not declared elsewhere2021-12-31$216,292
Administrative expenses (other) incurred2021-12-31$2,451,213
Liabilities. Value of operating payables at end of year2021-12-31$1,185,254
Liabilities. Value of operating payables at beginning of year2021-12-31$786,281
Total non interest bearing cash at end of year2021-12-31$292,385,143
Total non interest bearing cash at beginning of year2021-12-31$246,627,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$879,331,398
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,446,127,284
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$5,566,795,886
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Assets. partnership/joint venture interests at end of year2021-12-31$5,135,580,000
Assets. partnership/joint venture interests at beginning of year2021-12-31$4,876,281,003
Investment advisory and management fees2021-12-31$1,592,747
Interest earned on other investments2021-12-31$165,485
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$1,684
Asset value of US Government securities at end of year2021-12-31$575,126,430
Asset value of US Government securities at beginning of year2021-12-31$350,499,481
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Income. Dividends from common stock2021-12-31$342,029
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$169,895,429
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$11,731
Contract administrator fees2021-12-31$1,864,740
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$465,328,825
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$200,005,337
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$638,977,999
Aggregate carrying amount (costs) on sale of assets2021-12-31$501,944,668
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2021-12-31134008324
2020 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$1,484,668,287
Total unrealized appreciation/depreciation of assets2020-12-31$1,484,668,287
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$130,344,709
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$11,000,315
Total income from all sources (including contributions)2020-12-31$1,506,087,971
Total loss/gain on sale of assets2020-12-31$19,790,403
Total of all expenses incurred2020-12-31$161,147,683
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$155,197,894
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$5,697,140,595
Value of total assets at beginning of year2020-12-31$4,232,855,913
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$5,949,789
Total interest from all sources2020-12-31$134,116
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$87,411
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$650,317
Assets. Corporate prefeered stocks other than exployer securities at end of year2020-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2020-12-31$419,158
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$20,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Assets. Other investments not covered elsewhere at end of year2020-12-31$1,245,612
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$9,370,734
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$22,482,162
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$2,116,913
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$129,558,428
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$8,803,324
Other income not declared elsewhere2020-12-31$1,407,754
Administrative expenses (other) incurred2020-12-31$2,418,314
Liabilities. Value of operating payables at end of year2020-12-31$786,281
Liabilities. Value of operating payables at beginning of year2020-12-31$2,196,991
Total non interest bearing cash at end of year2020-12-31$246,627,000
Total non interest bearing cash at beginning of year2020-12-31$84,688,043
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,344,940,288
Value of net assets at end of year (total assets less liabilities)2020-12-31$5,566,795,886
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$4,221,855,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$4,876,281,003
Assets. partnership/joint venture interests at beginning of year2020-12-31$3,693,212,588
Investment advisory and management fees2020-12-31$1,017,735
Interest earned on other investments2020-12-31$-14,092
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$148,208
Asset value of US Government securities at end of year2020-12-31$350,499,481
Asset value of US Government securities at beginning of year2020-12-31$313,056,951
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Income. Dividends from common stock2020-12-31$87,411
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$155,197,894
Contract administrator fees2020-12-31$1,863,423
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$200,005,337
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$129,991,526
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$-615,717,744
Aggregate carrying amount (costs) on sale of assets2020-12-31$-635,508,147
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PRICEWATERHOUSE COOPERS
Accountancy firm EIN2020-12-31134008324
2019 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$613,509,800
Total unrealized appreciation/depreciation of assets2019-12-31$613,509,800
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$11,000,315
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$62,558,671
Total income from all sources (including contributions)2019-12-31$640,274,826
Total loss/gain on sale of assets2019-12-31$24,352,074
Total of all expenses incurred2019-12-31$158,338,318
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$152,087,399
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$4,232,855,913
Value of total assets at beginning of year2019-12-31$3,802,477,761
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,250,919
Total interest from all sources2019-12-31$1,170,728
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$226,972
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$742,181
Assets. Corporate prefeered stocks other than exployer securities at end of year2019-12-31$419,158
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2019-12-31$419,158
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$20,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Assets. Other investments not covered elsewhere at end of year2019-12-31$9,370,734
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$39,373,170
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$2,116,913
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$59,935,182
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$8,803,324
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$62,521,500
Other income not declared elsewhere2019-12-31$1,015,252
Administrative expenses (other) incurred2019-12-31$2,407,018
Liabilities. Value of operating payables at end of year2019-12-31$2,196,991
Liabilities. Value of operating payables at beginning of year2019-12-31$37,171
Total non interest bearing cash at end of year2019-12-31$84,688,043
Total non interest bearing cash at beginning of year2019-12-31$57,120,677
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$481,936,508
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,221,855,598
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,739,919,090
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. partnership/joint venture interests at end of year2019-12-31$3,693,212,588
Assets. partnership/joint venture interests at beginning of year2019-12-31$3,280,332,127
Investment advisory and management fees2019-12-31$1,271,317
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$116,873
Income. Interest from US Government securities2019-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$1,053,855
Asset value of US Government securities at end of year2019-12-31$313,056,951
Asset value of US Government securities at beginning of year2019-12-31$322,017,677
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Income. Dividends from common stock2019-12-31$226,972
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$152,087,399
Contract administrator fees2019-12-31$1,830,403
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$129,991,526
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$43,279,770
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$168,531,057
Aggregate carrying amount (costs) on sale of assets2019-12-31$144,178,983
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31PRICEWATERHOUSE COOPERS
Accountancy firm EIN2019-12-31134008324
2018 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$80,695,797
Total unrealized appreciation/depreciation of assets2018-12-31$80,695,797
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$62,558,671
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$147,266,143
Total income from all sources (including contributions)2018-12-31$67,460,751
Total loss/gain on sale of assets2018-12-31$-22,234,570
Total of all expenses incurred2018-12-31$151,015,213
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$145,191,975
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$3,802,477,761
Value of total assets at beginning of year2018-12-31$3,970,739,695
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$5,823,238
Total interest from all sources2018-12-31$7,618,502
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$129,541
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$2,723,527
Assets. Corporate prefeered stocks other than exployer securities at end of year2018-12-31$419,158
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2018-12-31$8,540,523
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$20,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Assets. Other investments not covered elsewhere at end of year2018-12-31$39,373,170
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$54,883,222
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$59,935,182
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$147,253,457
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$62,521,500
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$147,008,073
Other income not declared elsewhere2018-12-31$1,251,481
Administrative expenses (other) incurred2018-12-31$2,293,216
Liabilities. Value of operating payables at end of year2018-12-31$37,171
Liabilities. Value of operating payables at beginning of year2018-12-31$258,070
Total non interest bearing cash at end of year2018-12-31$57,120,677
Total non interest bearing cash at beginning of year2018-12-31$216,840,146
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-83,554,462
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,739,919,090
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,823,473,552
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Assets. partnership/joint venture interests at end of year2018-12-31$3,280,332,127
Assets. partnership/joint venture interests at beginning of year2018-12-31$3,094,799,579
Investment advisory and management fees2018-12-31$806,495
Income. Interest from loans (other than to participants)2018-12-31$664,011
Interest earned on other investments2018-12-31$926,318
Income. Interest from US Government securities2018-12-31$5,613,862
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$414,311
Asset value of US Government securities at end of year2018-12-31$322,017,677
Asset value of US Government securities at beginning of year2018-12-31$358,431,470
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$0
Income. Dividends from common stock2018-12-31$129,541
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$145,191,975
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$928,160
Contract administrator fees2018-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$43,279,770
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$89,063,138
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$-10,407,656
Aggregate carrying amount (costs) on sale of assets2018-12-31$11,826,914
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31PRICEWATERHOUSE COOPERS
Accountancy firm EIN2018-12-31134008324
2017 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$750,762,819
Total unrealized appreciation/depreciation of assets2017-12-31$750,762,819
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$147,266,143
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$46,528,298
Total income from all sources (including contributions)2017-12-31$588,499,831
Total loss/gain on sale of assets2017-12-31$-173,509,725
Total of all expenses incurred2017-12-31$144,931,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$139,940,637
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$0
Value of total assets at end of year2017-12-31$3,970,739,695
Value of total assets at beginning of year2017-12-31$3,426,433,424
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$4,990,768
Total interest from all sources2017-12-31$10,673,003
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$58,294
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$2,221,622
Assets. Corporate prefeered stocks other than exployer securities at end of year2017-12-31$8,540,523
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2017-12-31$5,566,101
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Assets. Other investments not covered elsewhere at end of year2017-12-31$54,883,222
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$1,551,305
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$147,253,457
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$47,710,933
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$147,008,073
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$45,969,209
Other income not declared elsewhere2017-12-31$515,440
Administrative expenses (other) incurred2017-12-31$1,882,507
Liabilities. Value of operating payables at end of year2017-12-31$258,070
Liabilities. Value of operating payables at beginning of year2017-12-31$559,089
Total non interest bearing cash at end of year2017-12-31$216,840,146
Total non interest bearing cash at beginning of year2017-12-31$288,199,962
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$443,568,426
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,823,473,552
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,379,905,126
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Assets. partnership/joint venture interests at end of year2017-12-31$3,094,799,579
Assets. partnership/joint venture interests at beginning of year2017-12-31$2,611,316,071
Investment advisory and management fees2017-12-31$886,639
Income. Interest from loans (other than to participants)2017-12-31$842,491
Interest earned on other investments2017-12-31$268,971
Income. Interest from US Government securities2017-12-31$9,548,733
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$11,196,451
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$11,196,451
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$12,808
Asset value of US Government securities at end of year2017-12-31$358,431,470
Asset value of US Government securities at beginning of year2017-12-31$312,592,106
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Income. Dividends from common stock2017-12-31$58,294
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$139,940,637
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$928,160
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$89,063,138
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$148,300,495
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$-77,854,205
Aggregate carrying amount (costs) on sale of assets2017-12-31$95,655,520
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2017-12-31134008324
2016 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$276,096,571
Total unrealized appreciation/depreciation of assets2016-12-31$276,096,571
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$46,528,298
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$89,055,594
Total income from all sources (including contributions)2016-12-31$229,142,789
Total loss/gain on sale of assets2016-12-31$-134,715,177
Total of all expenses incurred2016-12-31$139,526,589
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$133,975,737
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$83,000,000
Value of total assets at end of year2016-12-31$3,426,433,424
Value of total assets at beginning of year2016-12-31$3,379,344,520
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$5,550,852
Total interest from all sources2016-12-31$4,551,922
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$2,311
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$2,808,593
Assets. Corporate prefeered stocks other than exployer securities at end of year2016-12-31$5,566,101
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2016-12-31$5,276,629
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Assets. Other investments not covered elsewhere at end of year2016-12-31$1,551,305
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$-841,944
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$47,710,933
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$88,963,319
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$45,969,209
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$88,634,484
Other income not declared elsewhere2016-12-31$207,162
Administrative expenses (other) incurred2016-12-31$1,751,395
Liabilities. Value of operating payables at end of year2016-12-31$559,089
Liabilities. Value of operating payables at beginning of year2016-12-31$421,110
Total non interest bearing cash at end of year2016-12-31$288,199,962
Total non interest bearing cash at beginning of year2016-12-31$187,004,592
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$89,616,200
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,379,905,126
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,290,288,926
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$2,611,316,071
Assets. partnership/joint venture interests at beginning of year2016-12-31$2,628,032,806
Investment advisory and management fees2016-12-31$990,864
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$110,284
Income. Interest from loans (other than to participants)2016-12-31$373
Interest earned on other investments2016-12-31$-15,803
Income. Interest from US Government securities2016-12-31$4,567,869
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$11,196,451
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$8,345,190
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$8,345,190
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$-517
Asset value of US Government securities at end of year2016-12-31$312,592,106
Asset value of US Government securities at beginning of year2016-12-31$309,613,894
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$83,000,000
Income. Dividends from common stock2016-12-31$2,311
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$133,975,737
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$148,300,495
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$152,839,750
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$-58,577,982
Aggregate carrying amount (costs) on sale of assets2016-12-31$76,137,195
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2016-12-31134008324
2015 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$546,716,379
Total unrealized appreciation/depreciation of assets2015-12-31$546,716,379
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$89,055,594
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$91,173,479
Total income from all sources (including contributions)2015-12-31$276,025,084
Total loss/gain on sale of assets2015-12-31$-281,753,729
Total of all expenses incurred2015-12-31$136,289,758
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$131,298,211
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$7,500,000
Value of total assets at end of year2015-12-31$3,379,344,520
Value of total assets at beginning of year2015-12-31$3,241,727,079
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$4,991,547
Total interest from all sources2015-12-31$3,367,583
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$2,311
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$2,162,519
Assets. Corporate prefeered stocks other than exployer securities at end of year2015-12-31$5,276,629
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2015-12-31$12,581,088
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Assets. Other investments not covered elsewhere at end of year2015-12-31$-841,944
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$42,382,520
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$88,963,319
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$92,390,192
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$88,634,484
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$90,885,585
Other income not declared elsewhere2015-12-31$192,540
Administrative expenses (other) incurred2015-12-31$1,528,380
Liabilities. Value of operating payables at end of year2015-12-31$421,110
Liabilities. Value of operating payables at beginning of year2015-12-31$287,894
Total non interest bearing cash at end of year2015-12-31$187,004,592
Total non interest bearing cash at beginning of year2015-12-31$228,148,073
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$139,735,326
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,290,288,926
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,150,553,600
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Assets. partnership/joint venture interests at end of year2015-12-31$2,628,032,806
Assets. partnership/joint venture interests at beginning of year2015-12-31$2,479,978,580
Investment advisory and management fees2015-12-31$1,300,648
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$110,284
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$13,133,376
Interest earned on other investments2015-12-31$-167,662
Income. Interest from US Government securities2015-12-31$3,540,309
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$8,345,190
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$5,904,114
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$5,904,114
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$-5,064
Asset value of US Government securities at end of year2015-12-31$309,613,894
Asset value of US Government securities at beginning of year2015-12-31$307,914,281
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$7,500,000
Income. Dividends from common stock2015-12-31$2,311
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$131,298,211
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$152,839,750
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$59,294,855
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$-151,421,375
Aggregate carrying amount (costs) on sale of assets2015-12-31$130,332,354
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2015-12-31134008324
2014 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$571,416,137
Total unrealized appreciation/depreciation of assets2014-12-31$571,416,137
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$91,173,479
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$6,430,677
Total income from all sources (including contributions)2014-12-31$278,092,587
Total loss/gain on sale of assets2014-12-31$-317,325,404
Total of all expenses incurred2014-12-31$127,610,214
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$122,354,536
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$20,362,000
Value of total assets at end of year2014-12-31$3,241,727,079
Value of total assets at beginning of year2014-12-31$3,006,501,904
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$5,255,678
Total interest from all sources2014-12-31$3,494,791
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$11,540
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$2,743,046
Assets. Corporate prefeered stocks other than exployer securities at end of year2014-12-31$12,581,088
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-12-31$13,426,525
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Assets. Other investments not covered elsewhere at end of year2014-12-31$42,382,520
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$79,905
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$92,390,192
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$1,852,174
Assets. Loans (other than to participants) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$90,885,585
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$6,360,193
Other income not declared elsewhere2014-12-31$133,523
Liabilities. Value of operating payables at end of year2014-12-31$287,894
Liabilities. Value of operating payables at beginning of year2014-12-31$70,484
Total non interest bearing cash at end of year2014-12-31$228,148,073
Total non interest bearing cash at beginning of year2014-12-31$169,569,749
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$150,482,373
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,150,553,600
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$3,000,071,227
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Assets. partnership/joint venture interests at end of year2014-12-31$2,479,978,580
Assets. partnership/joint venture interests at beginning of year2014-12-31$2,515,185,015
Investment advisory and management fees2014-12-31$1,502,467
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$13,133,376
Interest earned on other investments2014-12-31$-117,374
Income. Interest from US Government securities2014-12-31$3,622,252
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$5,904,114
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$37,670,685
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$37,670,685
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$-10,087
Asset value of US Government securities at end of year2014-12-31$307,914,281
Asset value of US Government securities at beginning of year2014-12-31$215,246,902
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$20,362,000
Income. Dividends from preferred stock2014-12-31$12,961
Income. Dividends from common stock2014-12-31$-1,421
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$122,354,536
Contract administrator fees2014-12-31$1,010,165
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$59,294,855
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$53,470,949
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$116,647,433
Aggregate carrying amount (costs) on sale of assets2014-12-31$433,972,837
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2014-12-31134008324
2013 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$683,722,877
Total unrealized appreciation/depreciation of assets2013-12-31$683,722,877
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$6,430,677
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$7,944,749
Total income from all sources (including contributions)2013-12-31$498,999,893
Total loss/gain on sale of assets2013-12-31$-221,908,348
Total of all expenses incurred2013-12-31$124,785,992
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$120,193,016
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$33,000,000
Value of total assets at end of year2013-12-31$3,006,501,904
Value of total assets at beginning of year2013-12-31$2,633,802,075
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$4,592,976
Total interest from all sources2013-12-31$3,718,317
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$13,704
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$2,667,303
Assets. Corporate prefeered stocks other than exployer securities at end of year2013-12-31$13,426,525
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$1,190,782
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Assets. Other investments not covered elsewhere at end of year2013-12-31$79,905
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$1,261,768
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$1,852,174
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,720,752
Assets. Loans (other than to participants) at end of year2013-12-31$0
Assets. Loans (other than to participants) at beginning of year2013-12-31$67,718,983
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$6,360,193
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$7,898,831
Administrative expenses (other) incurred2013-12-31$1,214,589
Liabilities. Value of operating payables at end of year2013-12-31$70,484
Liabilities. Value of operating payables at beginning of year2013-12-31$45,918
Total non interest bearing cash at end of year2013-12-31$169,569,749
Total non interest bearing cash at beginning of year2013-12-31$71,119,843
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$374,213,901
Value of net assets at end of year (total assets less liabilities)2013-12-31$3,000,071,227
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,625,857,326
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Assets. partnership/joint venture interests at end of year2013-12-31$2,515,185,015
Assets. partnership/joint venture interests at beginning of year2013-12-31$2,261,435,408
Investment advisory and management fees2013-12-31$711,084
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$10,094,523
Income. Interest from US Government securities2013-12-31$3,718,440
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$37,670,685
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$6,744,385
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$6,744,385
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$-123
Asset value of US Government securities at end of year2013-12-31$215,246,902
Asset value of US Government securities at beginning of year2013-12-31$145,345,983
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$453,343
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$33,000,000
Income. Dividends from preferred stock2013-12-31$13,856
Income. Dividends from common stock2013-12-31$-152
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$120,193,016
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$53,470,949
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$67,169,648
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$737,973,459
Aggregate carrying amount (costs) on sale of assets2013-12-31$959,881,807
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2013-12-31134008324
2012 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$333,509,034
Total unrealized appreciation/depreciation of assets2012-12-31$333,509,034
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$7,944,749
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$15,371,176
Total income from all sources (including contributions)2012-12-31$246,580,041
Total loss/gain on sale of assets2012-12-31$-101,439,553
Total of all expenses incurred2012-12-31$122,620,625
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$118,069,327
Value of total assets at end of year2012-12-31$2,633,802,075
Value of total assets at beginning of year2012-12-31$2,517,269,086
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$4,551,298
Total interest from all sources2012-12-31$3,087,381
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$410,893
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$353,178
Administrative expenses professional fees incurred2012-12-31$3,009,780
Assets. Corporate prefeered stocks other than exployer securities at end of year2012-12-31$1,190,782
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2012-12-31$2,240,252
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Assets. Other investments not covered elsewhere at end of year2012-12-31$1,261,768
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$22,535,914
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,720,752
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$2,086,832
Assets. Loans (other than to participants) at end of year2012-12-31$67,718,983
Assets. Loans (other than to participants) at beginning of year2012-12-31$45,866,108
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$7,898,831
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$15,210,346
Other income not declared elsewhere2012-12-31$146,073
Administrative expenses (other) incurred2012-12-31$761,554
Liabilities. Value of operating payables at end of year2012-12-31$45,918
Liabilities. Value of operating payables at beginning of year2012-12-31$160,830
Total non interest bearing cash at end of year2012-12-31$71,119,843
Total non interest bearing cash at beginning of year2012-12-31$73,310,542
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$123,959,416
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,625,857,326
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,501,897,910
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Assets. partnership/joint venture interests at end of year2012-12-31$2,261,435,408
Assets. partnership/joint venture interests at beginning of year2012-12-31$2,036,140,734
Investment advisory and management fees2012-12-31$779,964
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$10,094,523
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$101,998,616
Income. Interest from US Government securities2012-12-31$3,083,419
Income. Interest from corporate debt instruments2012-12-31$4,263
Value of interest in common/collective trusts at beginning of year2012-12-31$3,613,247
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$6,744,385
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$3,711,701
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$3,711,701
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$-301
Asset value of US Government securities at end of year2012-12-31$145,345,983
Asset value of US Government securities at beginning of year2012-12-31$140,510,095
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$10,923,607
Net investment gain or loss from common/collective trusts2012-12-31$-57,394
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Income. Dividends from common stock2012-12-31$57,715
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$118,069,327
Asset. Corporate debt instrument preferred debt at beginning of year2012-12-31$210,000
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$783,286
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$67,169,648
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$84,261,759
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$488,864,349
Aggregate carrying amount (costs) on sale of assets2012-12-31$590,303,902
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2012-12-31134008324
2011 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$83,160,204
Total unrealized appreciation/depreciation of assets2011-12-31$83,160,204
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$15,371,176
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,738,121
Total income from all sources (including contributions)2011-12-31$104,950,908
Total loss/gain on sale of assets2011-12-31$41,606,389
Total of all expenses incurred2011-12-31$115,104,586
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$112,342,731
Value of total assets at end of year2011-12-31$2,517,269,086
Value of total assets at beginning of year2011-12-31$2,513,789,709
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,761,855
Total interest from all sources2011-12-31$4,456,487
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$145,049
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$863,135
Assets. Corporate prefeered stocks other than exployer securities at end of year2011-12-31$2,240,252
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2011-12-31$1,049,456
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Assets. Other investments not covered elsewhere at end of year2011-12-31$22,535,914
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$17,204,827
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$2,086,832
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$2,267,342
Assets. Loans (other than to participants) at end of year2011-12-31$45,866,108
Assets. Loans (other than to participants) at beginning of year2011-12-31$54,227,704
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$15,210,346
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$1,161,548
Other income not declared elsewhere2011-12-31$266,815
Administrative expenses (other) incurred2011-12-31$1,187,273
Liabilities. Value of operating payables at end of year2011-12-31$160,830
Liabilities. Value of operating payables at beginning of year2011-12-31$576,573
Total non interest bearing cash at end of year2011-12-31$73,310,542
Total non interest bearing cash at beginning of year2011-12-31$14,731,819
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-10,153,678
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,501,897,910
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$2,512,051,588
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Assets. partnership/joint venture interests at end of year2011-12-31$2,036,140,734
Assets. partnership/joint venture interests at beginning of year2011-12-31$1,817,571,184
Investment advisory and management fees2011-12-31$711,447
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$101,998,616
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$245,801,693
Income. Interest from US Government securities2011-12-31$4,451,770
Income. Interest from corporate debt instruments2011-12-31$7,000
Value of interest in common/collective trusts at end of year2011-12-31$3,613,247
Value of interest in common/collective trusts at beginning of year2011-12-31$63,927,022
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$3,711,701
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$54,033,431
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$54,033,431
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$-2,283
Asset value of US Government securities at end of year2011-12-31$140,510,095
Asset value of US Government securities at beginning of year2011-12-31$194,326,417
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-23,528,175
Net investment gain or loss from common/collective trusts2011-12-31$-1,155,861
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Income. Dividends from common stock2011-12-31$145,049
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$112,342,731
Asset. Corporate debt instrument preferred debt at end of year2011-12-31$210,000
Asset. Corporate debt instrument preferred debt at beginning of year2011-12-31$280,000
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$783,286
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$84,261,759
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$48,368,814
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$587,599,975
Aggregate carrying amount (costs) on sale of assets2011-12-31$545,993,586
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31PRICEWATEROUSECOOPERS
Accountancy firm EIN2011-12-31134008324
2010 : MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$180,525,443
Total unrealized appreciation/depreciation of assets2010-12-31$180,525,443
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$1,738,121
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$1,443,876
Total income from all sources (including contributions)2010-12-31$236,428,363
Total loss/gain on sale of assets2010-12-31$-58,092,422
Total of all expenses incurred2010-12-31$130,399,477
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$126,243,252
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,088,370
Value of total assets at end of year2010-12-31$2,513,789,709
Value of total assets at beginning of year2010-12-31$2,407,466,578
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$4,156,225
Total interest from all sources2010-12-31$5,246,405
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$566,312
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$1,201,520
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-12-31$1,049,456
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$286,560
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$2,088,370
Assets. Other investments not covered elsewhere at end of year2010-12-31$17,204,827
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$436,877
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$2,267,342
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$2,801,292
Assets. Loans (other than to participants) at end of year2010-12-31$54,227,704
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$1,161,548
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$466,957
Other income not declared elsewhere2010-12-31$64,712,411
Administrative expenses (other) incurred2010-12-31$1,534,939
Liabilities. Value of operating payables at end of year2010-12-31$576,573
Liabilities. Value of operating payables at beginning of year2010-12-31$976,919
Total non interest bearing cash at end of year2010-12-31$14,731,819
Total non interest bearing cash at beginning of year2010-12-31$9,987,094
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$106,028,886
Value of net assets at end of year (total assets less liabilities)2010-12-31$2,512,051,588
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,406,022,702
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Assets. partnership/joint venture interests at end of year2010-12-31$1,817,571,184
Assets. partnership/joint venture interests at beginning of year2010-12-31$1,654,529,689
Investment advisory and management fees2010-12-31$1,419,766
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$245,801,693
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$304,779,791
Income. Interest from US Government securities2010-12-31$5,219,370
Income. Interest from corporate debt instruments2010-12-31$9,057
Value of interest in common/collective trusts at end of year2010-12-31$63,927,022
Value of interest in common/collective trusts at beginning of year2010-12-31$49,250,866
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$54,033,431
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$172,462,510
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$172,462,510
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$17,978
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$16,314,962
Asset value of US Government securities at end of year2010-12-31$194,326,417
Asset value of US Government securities at beginning of year2010-12-31$171,367,831
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$35,280,683
Net investment gain or loss from common/collective trusts2010-12-31$6,101,161
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
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
Income. Dividends from preferred stock2010-12-31$594
Income. Dividends from common stock2010-12-31$565,718
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$109,928,290
Asset. Corporate debt instrument preferred debt at end of year2010-12-31$280,000
Asset. Corporate debt instrument preferred debt at beginning of year2010-12-31$252,000
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$48,368,814
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$41,312,068
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 appraiser2010-12-31Yes
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$497,080,428
Aggregate carrying amount (costs) on sale of assets2010-12-31$555,172,850
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2010-12-31134008324

Form 5500 Responses for MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN

2022: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT 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 filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
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: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
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: MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Number of Individuals Covered103
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Number of Individuals Covered122
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Number of Individuals Covered142
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Number of Individuals Covered163
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Number of Individuals Covered185
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Number of Individuals Covered144
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Are there contracts with allocated funds for individual policies?Yes
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Are there contracts with allocated funds for individual policies?Yes
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 1
Insurance contract or identification numberGAC 7 ASSN 0
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for group deferred annuity?Yes
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract numberGAC 7 ASSN 0
Policy instance 3
Insurance contract or identification numberGAC 7 ASSN 0
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for group deferred annuity?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TUFTS ASSOCIATED HEALTH MAINTENANCE ORG., INC. (National Association of Insurance Commissioners NAIC id number: 95688 )
Policy contract number00475065
Policy instance 2
Insurance contract or identification number00475065
Number of Individuals Covered228
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $967,062
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TUFTS ASSOCIATED HEALTH MAINTENANCE ORG., INC. (National Association of Insurance Commissioners NAIC id number: 95688 )
Policy contract numberG1039
Policy instance 1
Insurance contract or identification numberG1039
Number of Individuals Covered409
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $995,855
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (National Association of Insurance Commissioners NAIC id number: 53228 )
Policy contract number0009191
Policy instance 4
Insurance contract or identification number0009191
Number of Individuals Covered238
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,306,876
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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