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FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 401k Plan overview

Plan NameFAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES
Plan identification number 005

FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FAIRPOINT COMMUNICATIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:FAIRPOINT COMMUNICATIONS, INC.
Employer identification number (EIN):133725229
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052018-01-01VIVIAN SCHOTT2019-07-31 DAVID HERRICK2019-08-01
0052017-01-01
0052016-01-01VIVIAN SCHOTT VIVIAN SCHOTT2017-08-22
0052015-01-01KATHERINE JAKUBOWSKI KATHERINE JAKUBOWSKI2016-09-07
0052015-01-01 KATHERINE JAKUBOWSKI2016-09-07
0052014-01-01JOHN WHITENER JOHN WHITENER2015-09-24
0052013-01-01JOHN WHITENER JOHN WHITENER2014-10-02
0052012-01-01JOHN WHITENER JOHN WHITENER2013-10-10
0052011-01-01JOHN WHITENER
0052010-01-01THOMAS GRIFFIN THOMAS GRIFFIN2011-10-17
0052009-01-01GARY GARVEY GARY GARVEY2010-10-15

Plan Statistics for FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES

401k plan membership statisitcs for FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES

Measure Date Value
2018: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2018 401k membership
Total participants, beginning-of-year2018-01-011,526
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2017 401k membership
Total participants, beginning-of-year2017-01-011,644
Total number of active participants reported on line 7a of the Form 55002017-01-011,249
Number of retired or separated participants receiving benefits2017-01-0113
Number of other retired or separated participants entitled to future benefits2017-01-01257
Total of all active and inactive participants2017-01-011,519
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-017
Total participants2017-01-011,526
Number of participants with account balances2017-01-011,526
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2016 401k membership
Total participants, beginning-of-year2016-01-011,712
Total number of active participants reported on line 7a of the Form 55002016-01-011,316
Number of retired or separated participants receiving benefits2016-01-0111
Number of other retired or separated participants entitled to future benefits2016-01-01313
Total of all active and inactive participants2016-01-011,640
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-014
Total participants2016-01-011,644
Number of participants with account balances2016-01-011,644
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0112
2015: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2015 401k membership
Total participants, beginning-of-year2015-01-011,854
Total number of active participants reported on line 7a of the Form 55002015-01-011,483
Number of retired or separated participants receiving benefits2015-01-0110
Number of other retired or separated participants entitled to future benefits2015-01-01216
Total of all active and inactive participants2015-01-011,709
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-013
Total participants2015-01-011,712
Number of participants with account balances2015-01-011,712
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2014 401k membership
Total participants, beginning-of-year2014-01-011,911
Total number of active participants reported on line 7a of the Form 55002014-01-011,714
Number of retired or separated participants receiving benefits2014-01-0112
Number of other retired or separated participants entitled to future benefits2014-01-01125
Total of all active and inactive participants2014-01-011,851
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-013
Total participants2014-01-011,854
Number of participants with account balances2014-01-011,814
2013: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2013 401k membership
Total participants, beginning-of-year2013-01-012,170
Total number of active participants reported on line 7a of the Form 55002013-01-011,778
Number of retired or separated participants receiving benefits2013-01-018
Number of other retired or separated participants entitled to future benefits2013-01-01122
Total of all active and inactive participants2013-01-011,908
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-013
Total participants2013-01-011,911
Number of participants with account balances2013-01-011,892
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-013
2012: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2012 401k membership
Total participants, beginning-of-year2012-01-012,218
Total number of active participants reported on line 7a of the Form 55002012-01-012,026
Number of retired or separated participants receiving benefits2012-01-018
Number of other retired or separated participants entitled to future benefits2012-01-01131
Total of all active and inactive participants2012-01-012,165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-015
Total participants2012-01-012,170
Number of participants with account balances2012-01-012,081
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2011 401k membership
Total participants, beginning-of-year2011-01-012,487
Total number of active participants reported on line 7a of the Form 55002011-01-012,016
Number of retired or separated participants receiving benefits2011-01-017
Number of other retired or separated participants entitled to future benefits2011-01-01189
Total of all active and inactive participants2011-01-012,212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-016
Total participants2011-01-012,218
Number of participants with account balances2011-01-012,073
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-01102
2010: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2010 401k membership
Total participants, beginning-of-year2010-01-012,487
Total number of active participants reported on line 7a of the Form 55002010-01-012,420
Number of retired or separated participants receiving benefits2010-01-016
Number of other retired or separated participants entitled to future benefits2010-01-0157
Total of all active and inactive participants2010-01-012,483
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-014
Total participants2010-01-012,487
Number of participants with account balances2010-01-012,185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-016
2009: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2009 401k membership
Total participants, beginning-of-year2009-01-012,377
Total number of active participants reported on line 7a of the Form 55002009-01-012,415
Number of retired or separated participants receiving benefits2009-01-017
Number of other retired or separated participants entitled to future benefits2009-01-0163
Total of all active and inactive participants2009-01-012,485
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-012,487
Number of participants with account balances2009-01-012,089
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0118

Financial Data on FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES

Measure Date Value
2018 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$4,942,612
Total unrealized appreciation/depreciation of assets2018-12-31$4,942,612
Total transfer of assets from this plan2018-12-31$311,008,498
Total income from all sources (including contributions)2018-12-31$1,755,994
Total of all expenses incurred2018-12-31$27,577,471
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$27,215,625
Expenses. Certain deemed distributions of participant loans2018-12-31$73,877
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$12,077,875
Value of total assets at end of year2018-12-31$0
Value of total assets at beginning of year2018-12-31$336,829,975
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$287,969
Total interest from all sources2018-12-31$291,437
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$5,565,806
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$5,565,806
Administrative expenses professional fees incurred2018-12-31$15,250
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
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
Contributions received from participants2018-12-31$8,226,169
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$4,888,311
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$78,713
Administrative expenses (other) incurred2018-12-31$272,719
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$43,369
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-25,821,477
Value of net assets at end of year (total assets less liabilities)2018-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$336,829,975
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$255,940,526
Interest on participant loans2018-12-31$291,416
Value of interest in common/collective trusts at end of year2018-12-31$0
Value of interest in common/collective trusts at beginning of year2018-12-31$27,337,119
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$1,298
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$1,298
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$21
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-21,714,712
Net investment gain or loss from common/collective trusts2018-12-31$592,976
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
Assets. Invements in employer securities at end of year2018-12-31$0
Assets. Invements in employer securities at beginning of year2018-12-31$48,619,352
Contributions received in cash from employer2018-12-31$3,772,993
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$27,215,625
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31Yes
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 name2018-12-31WEST & COMPANY, LLC
Accountancy firm EIN2018-12-31370980065
2017 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$57,494,358
Total of all expenses incurred2017-12-31$35,167,278
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$34,863,159
Expenses. Certain deemed distributions of participant loans2017-12-31$40,055
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$12,348,076
Value of total assets at end of year2017-12-31$336,829,975
Value of total assets at beginning of year2017-12-31$314,502,895
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$264,064
Total interest from all sources2017-12-31$252,725
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$6,440,308
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$6,440,308
Administrative expenses professional fees incurred2017-12-31$11,000
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
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$8,393,755
Participant contributions at end of year2017-12-31$4,888,311
Participant contributions at beginning of year2017-12-31$6,038,478
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$15,268
Other income not declared elsewhere2017-12-31$-1,001,103
Administrative expenses (other) incurred2017-12-31$223,914
Total non interest bearing cash at end of year2017-12-31$43,369
Total non interest bearing cash at beginning of year2017-12-31$17,777
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$22,327,080
Value of net assets at end of year (total assets less liabilities)2017-12-31$336,829,975
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$314,502,895
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
Investment advisory and management fees2017-12-31$29,150
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$255,940,526
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$225,255,707
Interest on participant loans2017-12-31$252,717
Value of interest in common/collective trusts at end of year2017-12-31$27,337,119
Value of interest in common/collective trusts at beginning of year2017-12-31$27,948,877
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$1,298
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$16,866
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$16,866
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$8
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$38,891,200
Net investment gain or loss from common/collective trusts2017-12-31$563,152
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
Assets. Invements in employer securities at end of year2017-12-31$48,619,352
Assets. Invements in employer securities at beginning of year2017-12-31$55,209,922
Contributions received in cash from employer2017-12-31$3,954,321
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$34,863,159
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
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 appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
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 name2017-12-31WEST & COMPANY, LLC
Accountancy firm EIN2017-12-31370980065
2016 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$42,247,070
Total of all expenses incurred2016-12-31$16,441,079
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$16,030,047
Expenses. Certain deemed distributions of participant loans2016-12-31$129,414
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$13,444,255
Value of total assets at end of year2016-12-31$314,502,895
Value of total assets at beginning of year2016-12-31$288,696,904
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$281,618
Total interest from all sources2016-12-31$295,311
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$5,252,411
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$5,252,411
Administrative expenses professional fees incurred2016-12-31$11,000
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$10,000,000
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
Contributions received from participants2016-12-31$8,990,734
Participant contributions at end of year2016-12-31$6,038,478
Participant contributions at beginning of year2016-12-31$7,813,544
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$76,415
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$15,268
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$7,515,476
Administrative expenses (other) incurred2016-12-31$242,558
Total non interest bearing cash at end of year2016-12-31$17,777
Total non interest bearing cash at beginning of year2016-12-31$32,709
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$25,805,991
Value of net assets at end of year (total assets less liabilities)2016-12-31$314,502,895
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$288,696,904
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
Investment advisory and management fees2016-12-31$26,855
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$225,255,707
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$204,816,277
Interest on participant loans2016-12-31$295,311
Value of interest in common/collective trusts at end of year2016-12-31$27,948,877
Value of interest in common/collective trusts at beginning of year2016-12-31$26,957,727
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$16,866
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$492
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$492
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$15,305,411
Net investment gain or loss from common/collective trusts2016-12-31$434,206
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
Assets. Invements in employer securities at end of year2016-12-31$55,209,922
Assets. Invements in employer securities at beginning of year2016-12-31$49,076,155
Contributions received in cash from employer2016-12-31$4,377,106
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$16,030,047
Contract administrator fees2016-12-31$1,205
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 appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
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 name2016-12-31GREERWALKER LLP
Accountancy firm EIN2016-12-31561434747
2015 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2015 401k financial data
Total transfer of assets from this plan2015-12-31$54,767
Total income from all sources (including contributions)2015-12-31$14,392,502
Total of all expenses incurred2015-12-31$28,110,372
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$24,472,554
Expenses. Certain deemed distributions of participant loans2015-12-31$3,445,238
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$13,041,653
Value of total assets at end of year2015-12-31$288,696,904
Value of total assets at beginning of year2015-12-31$302,469,541
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$192,580
Total interest from all sources2015-12-31$401,532
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$5,342,475
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$3,561,086
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$10,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
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
Contributions received from participants2015-12-31$8,392,535
Participant contributions at end of year2015-12-31$7,813,544
Participant contributions at beginning of year2015-12-31$14,912,172
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$8,626
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$83,681
Other income not declared elsewhere2015-12-31$-413,196
Administrative expenses (other) incurred2015-12-31$192,580
Total non interest bearing cash at end of year2015-12-31$32,709
Total non interest bearing cash at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-13,717,870
Value of net assets at end of year (total assets less liabilities)2015-12-31$288,696,904
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$302,469,541
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$204,816,277
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$216,560,070
Interest on participant loans2015-12-31$401,532
Value of interest in common/collective trusts at end of year2015-12-31$26,957,727
Value of interest in common/collective trusts at beginning of year2015-12-31$19,213,868
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$492
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$447
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$447
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-4,341,537
Net investment gain or loss from common/collective trusts2015-12-31$361,575
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
Assets. Invements in employer securities at end of year2015-12-31$49,076,155
Assets. Invements in employer securities at beginning of year2015-12-31$51,699,303
Contributions received in cash from employer2015-12-31$4,640,492
Employer contributions (assets) at beginning of year2015-12-31$0
Income. Dividends from common stock2015-12-31$1,781,389
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$24,472,554
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 appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
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 name2015-12-31GREERWALKER LLP
Accountancy firm EIN2015-12-31561434747
2014 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2014 401k financial data
Total transfer of assets to this plan2014-12-31$14,970
Total income from all sources (including contributions)2014-12-31$30,876,597
Total loss/gain on sale of assets2014-12-31$-2,611,107
Total of all expenses incurred2014-12-31$21,046,091
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$20,863,556
Expenses. Certain deemed distributions of participant loans2014-12-31$106,172
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$14,200,997
Value of total assets at end of year2014-12-31$302,469,541
Value of total assets at beginning of year2014-12-31$292,624,065
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$76,363
Total interest from all sources2014-12-31$505,679
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$6,596,119
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$6,596,119
Administrative expenses professional fees incurred2014-12-31$19,003
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
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
Contributions received from participants2014-12-31$9,596,884
Participant contributions at end of year2014-12-31$14,912,172
Participant contributions at beginning of year2014-12-31$13,819,645
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$53,959
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$83,681
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Administrative expenses (other) incurred2014-12-31$57,360
Total non interest bearing cash at end of year2014-12-31$0
Total non interest bearing cash at beginning of year2014-12-31$31,496
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$9,830,506
Value of net assets at end of year (total assets less liabilities)2014-12-31$302,469,541
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$292,624,065
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$216,560,070
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$202,851,138
Interest on participant loans2014-12-31$505,679
Value of interest in common/collective trusts at end of year2014-12-31$19,213,868
Value of interest in common/collective trusts at beginning of year2014-12-31$18,780,187
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$447
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$2,232
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$2,232
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$12,021,710
Net investment gain or loss from common/collective trusts2014-12-31$163,199
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
Assets. Invements in employer securities at end of year2014-12-31$51,699,303
Assets. Invements in employer securities at beginning of year2014-12-31$57,139,367
Contributions received in cash from employer2014-12-31$4,550,154
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$20,863,556
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$-2,611,107
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 name2014-12-31GREERWALKER LLP
Accountancy firm EIN2014-12-31561434747
2013 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$2,691,598
Total unrealized appreciation/depreciation of assets2013-12-31$2,691,598
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$66,018,263
Total loss/gain on sale of assets2013-12-31$5,277,148
Total of all expenses incurred2013-12-31$25,153,456
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$25,083,244
Expenses. Certain deemed distributions of participant loans2013-12-31$2,368
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$16,891,710
Value of total assets at end of year2013-12-31$292,624,065
Value of total assets at beginning of year2013-12-31$251,759,258
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$67,844
Total interest from all sources2013-12-31$459,264
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$6,146,163
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$4,223,827
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
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
Contributions received from participants2013-12-31$11,600,710
Participant contributions at end of year2013-12-31$13,819,645
Participant contributions at beginning of year2013-12-31$14,058,895
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$35,975
Other income not declared elsewhere2013-12-31$24,911
Administrative expenses (other) incurred2013-12-31$67,844
Total non interest bearing cash at end of year2013-12-31$31,496
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$40,864,807
Value of net assets at end of year (total assets less liabilities)2013-12-31$292,624,065
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$251,759,258
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$202,851,138
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$162,051,148
Interest on participant loans2013-12-31$459,264
Interest earned on other investments2013-12-31$0
Value of interest in common/collective trusts at end of year2013-12-31$18,780,187
Value of interest in common/collective trusts at beginning of year2013-12-31$20,525,456
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$2,232
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$34,929,954
Net investment gain or loss from common/collective trusts2013-12-31$-402,485
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
Assets. Invements in employer securities at end of year2013-12-31$57,139,367
Assets. Invements in employer securities at beginning of year2013-12-31$55,041,175
Contributions received in cash from employer2013-12-31$5,255,025
Employer contributions (assets) at beginning of year2013-12-31$82,584
Income. Dividends from common stock2013-12-31$1,922,336
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$25,083,244
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
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 appraiser2013-12-31No
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$61,662,758
Aggregate carrying amount (costs) on sale of assets2013-12-31$56,385,610
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 name2013-12-31GREERWALKER LLP
Accountancy firm EIN2013-12-31561434747
2012 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$3,896,110
Total unrealized appreciation/depreciation of assets2012-12-31$3,896,110
Total transfer of assets from this plan2012-12-31$112,350
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$66,490
Total income from all sources (including contributions)2012-12-31$44,615,295
Total loss/gain on sale of assets2012-12-31$106,570
Total of all expenses incurred2012-12-31$20,014,253
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$19,928,364
Expenses. Certain deemed distributions of participant loans2012-12-31$88,417
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$16,949,178
Value of total assets at end of year2012-12-31$251,759,258
Value of total assets at beginning of year2012-12-31$227,337,056
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$-2,528
Total interest from all sources2012-12-31$724,199
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$7,675,584
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$5,061,322
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
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
Contributions received from participants2012-12-31$11,364,514
Participant contributions at end of year2012-12-31$14,058,895
Participant contributions at beginning of year2012-12-31$13,737,268
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$15,280
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$3
Other income not declared elsewhere2012-12-31$0
Administrative expenses (other) incurred2012-12-31$-2,528
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
Income. Non cash contributions2012-12-31$0
Value of net income/loss2012-12-31$24,601,042
Value of net assets at end of year (total assets less liabilities)2012-12-31$251,759,258
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$227,270,566
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$162,051,148
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$129,675,008
Interest on participant loans2012-12-31$447,571
Value of interest in common/collective trusts at end of year2012-12-31$20,525,456
Value of interest in common/collective trusts at beginning of year2012-12-31$21,647,440
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$7,115,186
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$7,115,186
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$276,628
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$14,957,192
Net investment gain or loss from common/collective trusts2012-12-31$306,462
Net gain/loss from 103.12 investment entities2012-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
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
Assets. Invements in employer securities at end of year2012-12-31$55,041,175
Assets. Invements in employer securities at beginning of year2012-12-31$55,162,151
Contributions received in cash from employer2012-12-31$5,569,384
Employer contributions (assets) at end of year2012-12-31$82,584
Income. Dividends from common stock2012-12-31$2,614,262
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$19,928,364
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$66,490
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 appraiser2012-12-31No
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$7,091,082
Aggregate carrying amount (costs) on sale of assets2012-12-31$6,984,512
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 name2012-12-31GREERWALKER LLP
Accountancy firm EIN2012-12-31561434747
2011 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$5,872,350
Total unrealized appreciation/depreciation of assets2011-12-31$5,872,350
Total transfer of assets to this plan2011-12-31$1,569
Total transfer of assets from this plan2011-12-31$475,768
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$66,490
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$44,493
Total income from all sources (including contributions)2011-12-31$23,607,530
Total loss/gain on sale of assets2011-12-31$100,760
Total of all expenses incurred2011-12-31$12,160,692
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$12,116,804
Expenses. Certain deemed distributions of participant loans2011-12-31$40,804
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$17,848,881
Value of total assets at end of year2011-12-31$227,337,056
Value of total assets at beginning of year2011-12-31$216,342,420
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,084
Total interest from all sources2011-12-31$486,032
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$6,126,664
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$3,334,870
Administrative expenses professional fees incurred2011-12-31$-2,469
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$11,956,179
Participant contributions at end of year2011-12-31$13,737,268
Participant contributions at beginning of year2011-12-31$13,070,444
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$177,472
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$3
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$8
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Administrative expenses (other) incurred2011-12-31$5,550
Liabilities. Value of operating payables at beginning of year2011-12-31$2,469
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$11,446,838
Value of net assets at end of year (total assets less liabilities)2011-12-31$227,270,566
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$216,297,927
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
Investment advisory and management fees2011-12-31$3
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$129,675,008
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$125,162,127
Interest on participant loans2011-12-31$485,323
Value of interest in common/collective trusts at end of year2011-12-31$21,647,440
Value of interest in common/collective trusts at beginning of year2011-12-31$20,436,129
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$7,115,186
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$5,973,795
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$5,973,795
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$709
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-7,464,736
Net investment gain or loss from common/collective trusts2011-12-31$637,579
Net gain/loss from 103.12 investment entities2011-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
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
Assets. Invements in employer securities at end of year2011-12-31$55,162,151
Assets. Invements in employer securities at beginning of year2011-12-31$51,699,917
Assets. Value of employer real property at beginning of year2011-12-31$0
Contributions received in cash from employer2011-12-31$5,715,230
Income. Dividends from common stock2011-12-31$2,791,794
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$12,116,804
Liabilities. Value of benefit claims payable at end of year2011-12-31$66,490
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$42,024
Assets. Value of buildings and other operty used in plan operation at beginning of year2011-12-31$0
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 appraiser2011-12-31No
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$5,327,030
Aggregate carrying amount (costs) on sale of assets2011-12-31$5,226,270
Liabilities. Value of acquisition indebtedness at beginning of year2011-12-31$0
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 name2011-12-31GREER & WALKER, LLP
Accountancy firm EIN2011-12-31561434747
2010 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets2010-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$7,306,002
Total unrealized appreciation/depreciation of assets2010-12-31$7,306,002
Total transfer of assets to this plan2010-12-31$0
Total transfer of assets from this plan2010-12-31$400,111
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$44,493
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$23,387
Expenses. Interest paid2010-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022010-12-31$0
Total income from all sources (including contributions)2010-12-31$42,819,715
Total loss/gain on sale of assets2010-12-31$-752,064
Total of all expenses incurred2010-12-31$7,407,837
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$7,375,629
Expenses. Certain deemed distributions of participant loans2010-12-31$17,113
Value of total corrective distributions2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$17,196,967
Value of total assets at end of year2010-12-31$216,342,420
Value of total assets at beginning of year2010-12-31$181,309,547
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$15,095
Total income from rents2010-12-31$0
Total interest from all sources2010-12-31$538,607
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$5,222,836
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Assets. Real estate other than employer real property at end of year2010-12-31$0
Assets. Real estate other than employer real property at beginning of year2010-12-31$0
Administrative expenses professional fees incurred2010-12-31$-645
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$11,408,449
Participant contributions at end of year2010-12-31$13,070,444
Participant contributions at beginning of year2010-12-31$11,732,846
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$0
Assets. Other investments not covered elsewhere at end of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$30,268
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$8
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$13
Assets. Loans (other than to participants) at end of year2010-12-31$0
Assets. Loans (other than to participants) at beginning of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Other income not declared elsewhere2010-12-31$0
Administrative expenses (other) incurred2010-12-31$11,004
Liabilities. Value of operating payables at end of year2010-12-31$2,469
Liabilities. Value of operating payables at beginning of year2010-12-31$7,622
Total non interest bearing cash at end of year2010-12-31$0
Total non interest bearing cash at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Income. Non cash contributions2010-12-31$0
Value of net income/loss2010-12-31$35,411,878
Value of net assets at end of year (total assets less liabilities)2010-12-31$216,297,927
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$181,286,160
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$0
Assets. partnership/joint venture interests at beginning of year2010-12-31$0
Investment advisory and management fees2010-12-31$4,736
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$125,162,127
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$94,104,977
Value of interest in pooled separate accounts at end of year2010-12-31$0
Value of interest in pooled separate accounts at beginning of year2010-12-31$0
Interest on participant loans2010-12-31$536,371
Income. Interest from loans (other than to participants)2010-12-31$0
Interest earned on other investments2010-12-31$0
Income. Interest from US Government securities2010-12-31$0
Income. Interest from corporate debt instruments2010-12-31$0
Value of interest in master investment trust accounts at end of year2010-12-31$0
Value of interest in master investment trust accounts at beginning of year2010-12-31$0
Value of interest in common/collective trusts at end of year2010-12-31$20,436,129
Value of interest in common/collective trusts at beginning of year2010-12-31$21,772,622
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$5,973,795
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$5,868,811
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$5,868,811
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$2,236
Assets. Value of investments in 103.12 investment entities at end of year2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Asset value of US Government securities at end of year2010-12-31$0
Asset value of US Government securities at beginning of year2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$12,616,793
Net investment gain/loss from pooled separate accounts2010-12-31$0
Net investment gain or loss from common/collective trusts2010-12-31$690,574
Net gain/loss from 103.12 investment entities2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$51,699,917
Assets. Invements in employer securities at beginning of year2010-12-31$47,830,278
Assets. Value of employer real property at end of year2010-12-31$0
Assets. Value of employer real property at beginning of year2010-12-31$0
Contributions received in cash from employer2010-12-31$5,758,250
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$0
Income. Dividends from preferred stock2010-12-31$2,773,456
Income. Dividends from common stock2010-12-31$2,449,380
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$7,375,629
Asset. Corporate debt instrument preferred debt at end of year2010-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$0
Contract administrator fees2010-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$0
Liabilities. Value of benefit claims payable at end of year2010-12-31$42,024
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$15,765
Assets. Value of buildings and other operty used in plan operation at end of year2010-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$7,880,718
Aggregate carrying amount (costs) on sale of assets2010-12-31$8,632,782
Liabilities. Value of acquisition indebtedness at end of year2010-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31GREER & WALKER, LLP
Accountancy firm EIN2010-12-31561434747
2009 : FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES

2018: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingYes
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 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 planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
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 planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 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 planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 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 planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 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 planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 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 planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
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 planYes
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FAIRPOINT COMMUNICATIONS NORTHERN NEW ENGLAND SAVINGS AND SECURITY PLAN FOR ASSOCIATES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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 planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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