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WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 401k Plan overview

Plan NameWORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN
Plan identification number 001

WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WORLDSCALE ASSOC. NYC. INC has sponsored the creation of one or more 401k plans.

Company Name:WORLDSCALE ASSOC. NYC. INC
Employer identification number (EIN):132726793
NAIC Classification:488300
NAIC Description: Support Activities for Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01THOMAS CUMMING2024-06-03
0012022-01-01THOMAS CUMMING2023-06-23
0012021-01-01THOMAS CUMMING2022-05-04
0012020-01-01THOMAS CUMMING2021-04-06
0012019-01-01SARA BIERMAN2020-07-02
0012018-01-01SARA BIERMAN2019-04-24
0012017-01-01SARA BIERMAN2018-04-13
0012017-01-01SARA BIERMAN2018-07-26
0012016-01-01
0012015-01-01
0012014-01-01SARA BIERMAN
0012013-01-01SARA BIERMAN
0012012-01-01SARA BIERMAN
0012011-01-01SARA BIERMAN
0012010-01-01SARA BIERMAN
0012009-01-01SARA BIERMAN

Plan Statistics for WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN

401k plan membership statisitcs for WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN

Measure Date Value
2015: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-016
Total number of active participants reported on line 7a of the Form 55002015-01-016
Total of all active and inactive participants2015-01-016
Total participants2015-01-016
Number of participants with account balances2015-01-016
2014: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-016
Total number of active participants reported on line 7a of the Form 55002014-01-016
Total of all active and inactive participants2014-01-016
Total participants2014-01-016
Number of participants with account balances2014-01-016
2013: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-016
Total number of active participants reported on line 7a of the Form 55002013-01-015
Number of retired or separated participants receiving benefits2013-01-011
Total of all active and inactive participants2013-01-016
Total participants2013-01-016
Number of participants with account balances2013-01-015
2012: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-017
Total number of active participants reported on line 7a of the Form 55002012-01-016
Number of retired or separated participants receiving benefits2012-01-011
Total of all active and inactive participants2012-01-017
Total participants2012-01-017
Number of participants with account balances2012-01-016
2011: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-017
Total number of active participants reported on line 7a of the Form 55002011-01-016
Total of all active and inactive participants2011-01-016
Total participants2011-01-016
Number of participants with account balances2011-01-016
2010: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-016
Total number of active participants reported on line 7a of the Form 55002010-01-017
Total of all active and inactive participants2010-01-017
Total participants2010-01-017
Number of participants with account balances2010-01-017
2009: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-016
Total of all active and inactive participants2009-01-016
Total participants2009-01-016
Number of participants with account balances2009-01-016

Financial Data on WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN

Measure Date Value
2015 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2015 401k financial data
Total income from all sources2015-12-31$63,687
Total plan assets at end of year2015-12-31$885,284
Total plan assets at beginning of year2015-12-31$821,597
Value of fidelity bond covering the plan2015-12-31$100,000
Other income received2015-12-31$19,326
Net income (gross income less expenses)2015-12-31$63,687
Net plan assets at end of year (total assets less liabilities)2015-12-31$885,284
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$821,597
Total contributions received or receivable from employer(s)2015-12-31$44,361
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$44,361
Amount contributed by the employer to the plan for this plan year2015-12-31$44,361
2014 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2014 401k financial data
Total income from all sources2014-12-31$61,843
Total plan assets at end of year2014-12-31$821,597
Total plan assets at beginning of year2014-12-31$759,754
Value of fidelity bond covering the plan2014-12-31$100,000
Other income received2014-12-31$18,742
Net income (gross income less expenses)2014-12-31$61,843
Net plan assets at end of year (total assets less liabilities)2014-12-31$821,597
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$759,754
Total contributions received or receivable from employer(s)2014-12-31$43,101
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$43,101
Amount contributed by the employer to the plan for this plan year2014-12-31$43,101
2013 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2013 401k financial data
Total income from all sources2013-12-31$61,434
Expenses. Total of all expenses incurred2013-12-31$2,614
Benefits paid (including direct rollovers)2013-12-31$2,614
Total plan assets at end of year2013-12-31$759,754
Total plan assets at beginning of year2013-12-31$700,934
Value of fidelity bond covering the plan2013-12-31$100,000
Other income received2013-12-31$19,847
Net income (gross income less expenses)2013-12-31$58,820
Net plan assets at end of year (total assets less liabilities)2013-12-31$759,754
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$700,934
Total contributions received or receivable from employer(s)2013-12-31$41,587
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$41,587
Amount contributed by the employer to the plan for this plan year2013-12-31$41,587
2012 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2012 401k financial data
Total income from all sources2012-12-31$60,326
Total plan assets at end of year2012-12-31$700,934
Total plan assets at beginning of year2012-12-31$640,608
Value of fidelity bond covering the plan2012-12-31$100,000
Other income received2012-12-31$20,351
Net income (gross income less expenses)2012-12-31$60,326
Net plan assets at end of year (total assets less liabilities)2012-12-31$700,934
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$640,608
Total contributions received or receivable from employer(s)2012-12-31$39,975
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$39,975
Amount contributed by the employer to the plan for this plan year2012-12-31$39,975
2011 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2011 401k financial data
Total income from all sources2011-12-31$63,433
Expenses. Total of all expenses incurred2011-12-31$1,307
Total plan assets at end of year2011-12-31$640,608
Total plan assets at beginning of year2011-12-31$578,482
Value of fidelity bond covering the plan2011-12-31$100,000
Expenses. Other expenses not covered elsewhere2011-12-31$1,307
Other income received2011-12-31$18,509
Net income (gross income less expenses)2011-12-31$62,126
Net plan assets at end of year (total assets less liabilities)2011-12-31$640,608
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$578,482
Total contributions received or receivable from employer(s)2011-12-31$44,924
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$44,924
Amount contributed by the employer to the plan for this plan year2011-12-31$44,924
2010 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2010 401k financial data
Total income from all sources2010-12-31$56,396
Expenses. Total of all expenses incurred2010-12-31$2,837
Total plan assets at end of year2010-12-31$578,482
Total plan assets at beginning of year2010-12-31$524,923
Value of fidelity bond covering the plan2010-12-31$100,000
Expenses. Other expenses not covered elsewhere2010-12-31$2,837
Other income received2010-12-31$20,491
Net income (gross income less expenses)2010-12-31$53,559
Net plan assets at end of year (total assets less liabilities)2010-12-31$578,482
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$524,923
Total contributions received or receivable from employer(s)2010-12-31$35,905
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$35,905
Amount contributed by the employer to the plan for this plan year2010-12-31$35,905
2009 : WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$30,281
Amount contributed by the employer to the plan for this plan year2009-12-31$30,281

Form 5500 Responses for WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN

2015: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: WORLDSCALE ASSOCIATION (NYC) INC PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE CO. OF AMERICA (National Association of Insurance Commissioners NAIC id number: 25453 )
Policy contract numberGR003656-101001
Policy instance 1
Insurance contract or identification numberGR003656-101001
Number of Individuals Covered6
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker nameNATIONWIDE LIFE INSURANCE COMPANY
NATIONWIDE LIFE INSURANCE CO. OF AMERICA (National Association of Insurance Commissioners NAIC id number: 25453 )
Policy contract numberGR003656-101001
Policy instance 1
Insurance contract or identification numberGR003656-101001
Number of Individuals Covered5
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker nameNATIONWIDE LIFE INSURANCE COMPANY
NATIONWIDE LIFE INSURANCE CO. OF AMERICA (National Association of Insurance Commissioners NAIC id number: 25453 )
Policy contract numberGR003656-101001
Policy instance 1
Insurance contract or identification numberGR003656-101001
Number of Individuals Covered6
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker nameNATIONWIDE LIFE INSURANCE COMPANY
NATIONWIDE LIFE INSURANCE CO. OF AMERICA (National Association of Insurance Commissioners NAIC id number: 25453 )
Policy contract numberGR003656-101001
Policy instance 1
Insurance contract or identification numberGR003656-101001
Number of Individuals Covered7
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of fees paid to insurance companyUSD $1,307
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE CO. OF AMERICA (National Association of Insurance Commissioners NAIC id number: 25453 )
Policy contract numberGR003656-101001
Policy instance 1
Insurance contract or identification numberGR003656-101001
Number of Individuals Covered7
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of fees paid to insurance companyUSD $2,837
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees2837
Additional information about fees paid to insurance brokerADMINISTRATION CHARGE
Insurance broker organization code?5
Insurance broker nameNATIONWIDE LIFE INSURANCE COMPANY

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