PROVIDENCE PUBLIC LIBRARY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2017: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 6,790,719 |
| Acturial value of plan assets | 2017-12-31 | 6,790,719 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 4,375,221 |
| Number of terminated vested participants | 2017-12-31 | 73 |
| Fundng target for terminated vested participants | 2017-12-31 | 1,680,669 |
| Active participant vested funding target | 2017-12-31 | 1,661,625 |
| Number of active participants | 2017-12-31 | 23 |
| Total funding liabilities for active participants | 2017-12-31 | 1,680,412 |
| Total participant count | 2017-12-31 | 135 |
| Total funding target for all participants | 2017-12-31 | 7,736,302 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 440,873 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 171,866 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 269,007 |
| Present value of excess contributions | 2017-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 290,608 |
| Total employer contributions | 2017-12-31 | 3,550,169 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 3,366,122 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 154,375 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 1,236,191 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 383,034 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 98,822 |
| Additional cash requirement | 2017-12-31 | 284,212 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 3,366,122 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 135 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 25 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 1 |
| Total of all active and inactive participants | 2017-01-01 | 26 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 1 |
| Total participants | 2017-01-01 | 27 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| 2016: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 6,655,540 |
| Acturial value of plan assets | 2016-12-31 | 6,655,540 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 4,224,895 |
| Number of terminated vested participants | 2016-12-31 | 80 |
| Fundng target for terminated vested participants | 2016-12-31 | 1,706,236 |
| Active participant vested funding target | 2016-12-31 | 1,758,675 |
| Number of active participants | 2016-12-31 | 25 |
| Total funding liabilities for active participants | 2016-12-31 | 1,770,183 |
| Total participant count | 2016-12-31 | 143 |
| Total funding target for all participants | 2016-12-31 | 7,701,314 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 506,842 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 62,950 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 443,892 |
| Present value of excess contributions | 2016-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 440,873 |
| Total employer contributions | 2016-12-31 | 460,048 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 442,985 |
| Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 130,167 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 1,486,647 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 614,851 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 171,866 |
| Additional cash requirement | 2016-12-31 | 442,985 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 442,985 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Total participants, beginning-of-year | 2016-01-01 | 143 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 23 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 37 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 73 |
| Total of all active and inactive participants | 2016-01-01 | 133 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 2 |
| Total participants | 2016-01-01 | 135 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
| 2015: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-01-01 | 151 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 25 |
| Number of retired or separated participants receiving benefits | 2015-01-01 | 36 |
| Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 80 |
| Total of all active and inactive participants | 2015-01-01 | 141 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 2 |
| Total participants | 2015-01-01 | 143 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
| 2014: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 157 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 27 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 33 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 89 |
| Total of all active and inactive participants | 2014-01-01 | 149 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 2 |
| Total participants | 2014-01-01 | 151 |
| 2013: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-01-01 | 166 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 31 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 31 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 93 |
| Total of all active and inactive participants | 2013-01-01 | 155 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 2 |
| Total participants | 2013-01-01 | 157 |
| 2012: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-01-01 | 174 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 30 |
| Number of retired or separated participants receiving benefits | 2012-01-01 | 33 |
| Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 101 |
| Total of all active and inactive participants | 2012-01-01 | 164 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 2 |
| Total participants | 2012-01-01 | 166 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 2 |
| 2011: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 182 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 38 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 32 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 102 |
| Total of all active and inactive participants | 2011-01-01 | 172 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 2 |
| Total participants | 2011-01-01 | 174 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 1 |
| 2010: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-01-01 | 199 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 41 |
| Number of retired or separated participants receiving benefits | 2010-01-01 | 31 |
| Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 108 |
| Total of all active and inactive participants | 2010-01-01 | 180 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 2 |
| Total participants | 2010-01-01 | 182 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 1 |
| 2009: PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 213 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 42 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 30 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 124 |
| Total of all active and inactive participants | 2009-01-01 | 196 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 3 |
| Total participants | 2009-01-01 | 199 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 1 |
| Measure | Date | Value |
|---|
| 2017 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $4,196,805 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $10,955,109 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $10,726,208 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $3,550,169 |
| Value of total assets at end of year | 2017-12-31 | $32,601 |
| Value of total assets at beginning of year | 2017-12-31 | $6,790,905 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $228,901 |
| Total interest from all sources | 2017-12-31 | $7,247 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $139,376 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2017-12-31 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $139,376 |
| Administrative expenses professional fees incurred | 2017-12-31 | $90,142 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $1,394 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $27 |
| Administrative expenses (other) incurred | 2017-12-31 | $87,573 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $-6,758,304 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $32,601 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $6,790,905 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $51,186 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $4,163 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $6,586,740 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $27,044 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $89,126 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $89,126 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $7,247 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $5,037,040 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $500,013 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $3,550,169 |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $115,012 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $5,689,168 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2017-12-31 | 050409384 |
| 2016 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $970,659 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $835,294 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $680,919 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $460,048 |
| Value of total assets at end of year | 2016-12-31 | $6,790,905 |
| Value of total assets at beginning of year | 2016-12-31 | $6,655,540 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $154,375 |
| Total interest from all sources | 2016-12-31 | $2,905 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $192,945 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $192,945 |
| Administrative expenses professional fees incurred | 2016-12-31 | $23,339 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $27 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $10,553 |
| Administrative expenses (other) incurred | 2016-12-31 | $91,444 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $135,365 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $6,790,905 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $6,655,540 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $39,592 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $6,586,740 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $6,514,160 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $89,126 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $130,827 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $130,827 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $2,905 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $314,761 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $460,048 |
| Employer contributions (assets) at end of year | 2016-12-31 | $115,012 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $680,919 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2016-12-31 | 050409384 |
| 2015 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $364,609 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $1,118,159 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $987,992 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $412,344 |
| Value of total assets at end of year | 2015-12-31 | $6,655,540 |
| Value of total assets at beginning of year | 2015-12-31 | $7,409,090 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $130,167 |
| Total interest from all sources | 2015-12-31 | $13 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $181,060 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $181,060 |
| Administrative expenses professional fees incurred | 2015-12-31 | $26,918 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $10,553 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $10,434 |
| Administrative expenses (other) incurred | 2015-12-31 | $74,362 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-753,550 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $6,655,540 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $7,409,090 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $28,887 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $6,514,160 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $7,193,028 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $130,827 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $126,221 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $126,221 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $13 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-228,808 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $412,344 |
| Employer contributions (assets) at end of year | 2015-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $79,407 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $987,992 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $1,445,376 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $1,445,376 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2015-12-31 | 050409384 |
| 2014 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $830,215 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $737,877 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $618,989 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $317,628 |
| Value of total assets at end of year | 2014-12-31 | $7,409,090 |
| Value of total assets at beginning of year | 2014-12-31 | $7,316,752 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $118,888 |
| Total interest from all sources | 2014-12-31 | $12 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $173,625 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $173,625 |
| Administrative expenses professional fees incurred | 2014-12-31 | $27,600 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $10,434 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $7,634 |
| Administrative expenses (other) incurred | 2014-12-31 | $53,878 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $92,338 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $7,409,090 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $7,316,752 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $37,410 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $7,193,028 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $7,193,103 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $126,221 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $36,608 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $36,608 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $12 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $338,950 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $317,628 |
| Employer contributions (assets) at end of year | 2014-12-31 | $79,407 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $79,407 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $618,989 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $3,730,380 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $3,730,380 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2014-12-31 | 050409384 |
| 2013 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,040,291 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $480,952 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $371,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $317,628 |
| Value of total assets at end of year | 2013-12-31 | $7,316,752 |
| Value of total assets at beginning of year | 2013-12-31 | $6,757,413 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $109,350 |
| Total interest from all sources | 2013-12-31 | $6 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $138,010 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $138,010 |
| Administrative expenses professional fees incurred | 2013-12-31 | $26,400 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $7,634 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $14,531 |
| Other income not declared elsewhere | 2013-12-31 | $28 |
| Administrative expenses (other) incurred | 2013-12-31 | $26,465 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $559,339 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $7,316,752 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $6,757,413 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Investment advisory and management fees | 2013-12-31 | $56,485 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $7,193,103 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $6,599,108 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $36,608 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $37,704 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $37,704 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $6 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $584,619 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $317,628 |
| Employer contributions (assets) at end of year | 2013-12-31 | $79,407 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $106,070 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $371,602 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $897,871 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $897,871 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2013-12-31 | 050409384 |
| 2012 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $973,179 |
| Total loss/gain on sale of assets | 2012-12-31 | $431 |
| Total of all expenses incurred | 2012-12-31 | $497,740 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $412,225 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $335,576 |
| Value of total assets at end of year | 2012-12-31 | $6,757,413 |
| Value of total assets at beginning of year | 2012-12-31 | $6,281,974 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $85,515 |
| Total interest from all sources | 2012-12-31 | $3 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $147,577 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $148,001 |
| Administrative expenses professional fees incurred | 2012-12-31 | $21,513 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $275,634 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $14,531 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $3,644 |
| Administrative expenses (other) incurred | 2012-12-31 | $23,064 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $475,439 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $6,757,413 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,281,974 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $40,938 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $6,599,108 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $5,708,926 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $37,704 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $217,821 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $217,821 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $3 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $489,592 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $335,576 |
| Employer contributions (assets) at end of year | 2012-12-31 | $106,070 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $75,949 |
| Income. Dividends from common stock | 2012-12-31 | $-424 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $412,225 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $5,987,575 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $5,987,144 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2012-12-31 | 050409384 |
| 2011 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-68,846 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-68,846 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $175,597 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $451,621 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $408,738 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $323,152 |
| Value of total assets at end of year | 2011-12-31 | $6,281,974 |
| Value of total assets at beginning of year | 2011-12-31 | $6,557,998 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $42,883 |
| Total interest from all sources | 2011-12-31 | $3 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $150,818 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $150,818 |
| Administrative expenses professional fees incurred | 2011-12-31 | $28,594 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $275,634 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $329,444 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $3,644 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $11,572 |
| Other income not declared elsewhere | 2011-12-31 | $5,708 |
| Administrative expenses (other) incurred | 2011-12-31 | $13,318 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-276,024 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,281,974 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,557,998 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $971 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $5,708,926 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $6,004,980 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $217,821 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $116,697 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $116,697 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $3 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-235,238 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $323,152 |
| Employer contributions (assets) at end of year | 2011-12-31 | $75,949 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $95,305 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $408,738 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $590,775 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $590,775 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2011-12-31 | 050409384 |
| 2010 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $50,836 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $50,836 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,050,743 |
| Total loss/gain on sale of assets | 2010-12-31 | $7,646 |
| Total of all expenses incurred | 2010-12-31 | $1,422,832 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,383,129 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $381,220 |
| Value of total assets at end of year | 2010-12-31 | $6,557,998 |
| Value of total assets at beginning of year | 2010-12-31 | $6,930,087 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $39,703 |
| Total interest from all sources | 2010-12-31 | $22 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $24,230 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $329,444 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $11,572 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $7,770 |
| Other income not declared elsewhere | 2010-12-31 | $3,699 |
| Administrative expenses (other) incurred | 2010-12-31 | $14,183 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $-372,089 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,557,998 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $6,930,087 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $1,290 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $6,004,980 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $6,784,225 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $116,697 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $31,851 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $31,851 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $22 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $607,320 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $381,220 |
| Employer contributions (assets) at end of year | 2010-12-31 | $95,305 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $106,241 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $1,383,129 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Aggregate proceeds on sale of assets | 2010-12-31 | $1,175,477 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $1,167,831 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | KAHN LITWIN RENZA & CO LTD. |
| Accountancy firm EIN | 2010-12-31 | 050409384 |
| 2009 : PROVIDENCE PUBLIC LIBRARY RETIREMENT PLAN 2009 401k financial data |
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| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
