BOARD OF TRUSTEES IBEW LOCAL 688 WELFARE FUND has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2018 : IBEW LOCAL 688 WELFARE FUND 2018 401k financial data |
|---|
| Total plan liabilities at beginning of year | 2018-05-31 | $4,035 |
| Total income from all sources | 2018-05-31 | $569 |
| Expenses. Total of all expenses incurred | 2018-05-31 | $372 |
| Total plan assets at end of year | 2018-05-31 | $0 |
| Total plan assets at beginning of year | 2018-05-31 | $3,838 |
| Expenses. Other expenses not covered elsewhere | 2018-05-31 | $372 |
| Contributions received from other sources (not participants or employers) | 2018-05-31 | $569 |
| Net income (gross income less expenses) | 2018-05-31 | $197 |
| Net plan assets at end of year (total assets less liabilities) | 2018-05-31 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2018-05-31 | $-197 |
| 2017 : IBEW LOCAL 688 WELFARE FUND 2017 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-05-31 | $4,035 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-05-31 | $27,243 |
| Total income from all sources (including contributions) | 2017-05-31 | $252,419 |
| Total of all expenses incurred | 2017-05-31 | $601,733 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-05-31 | $555,414 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-05-31 | $243,094 |
| Value of total assets at end of year | 2017-05-31 | $3,838 |
| Value of total assets at beginning of year | 2017-05-31 | $376,360 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-05-31 | $46,319 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-05-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2017-05-31 | $0 |
| Administrative expenses professional fees incurred | 2017-05-31 | $14,618 |
| Was this plan covered by a fidelity bond | 2017-05-31 | Yes |
| Value of fidelity bond cover | 2017-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-05-31 | No |
| Contributions received from participants | 2017-05-31 | $191,201 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-05-31 | $30,000 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-05-31 | $479,358 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-05-31 | $3,128 |
| Other income not declared elsewhere | 2017-05-31 | $9,325 |
| Administrative expenses (other) incurred | 2017-05-31 | $10,501 |
| Liabilities. Value of operating payables at end of year | 2017-05-31 | $4,035 |
| Liabilities. Value of operating payables at beginning of year | 2017-05-31 | $27,243 |
| Total non interest bearing cash at end of year | 2017-05-31 | $3,838 |
| Total non interest bearing cash at beginning of year | 2017-05-31 | $373,232 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-05-31 | No |
| Value of net income/loss | 2017-05-31 | $-349,314 |
| Value of net assets at end of year (total assets less liabilities) | 2017-05-31 | $-197 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-05-31 | $349,117 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-05-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-05-31 | No |
| Contributions received in cash from employer | 2017-05-31 | $21,893 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-05-31 | $76,056 |
| Contract administrator fees | 2017-05-31 | $21,200 |
| Did the plan have assets held for investment | 2017-05-31 | 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 | 2017-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-05-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-05-31 | Unqualified |
| Accountancy firm name | 2017-05-31 | MOSIER & ASSOCIATES CPAS INC |
| Accountancy firm EIN | 2017-05-31 | 471912410 |
| 2016 : IBEW LOCAL 688 WELFARE FUND 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-05-31 | $-62,359 |
| Total unrealized appreciation/depreciation of assets | 2016-05-31 | $-62,359 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-05-31 | $27,243 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-05-31 | $44,959 |
| Total income from all sources (including contributions) | 2016-05-31 | $1,109,862 |
| Total loss/gain on sale of assets | 2016-05-31 | $32,337 |
| Total of all expenses incurred | 2016-05-31 | $2,423,564 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-05-31 | $2,254,078 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-05-31 | $1,096,166 |
| Value of total assets at end of year | 2016-05-31 | $376,360 |
| Value of total assets at beginning of year | 2016-05-31 | $1,707,778 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-05-31 | $169,486 |
| Total interest from all sources | 2016-05-31 | $18,411 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-05-31 | $3,476 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-05-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2016-05-31 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-05-31 | $3,476 |
| Administrative expenses professional fees incurred | 2016-05-31 | $48,807 |
| Was this plan covered by a fidelity bond | 2016-05-31 | Yes |
| Value of fidelity bond cover | 2016-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-05-31 | No |
| Contributions received from participants | 2016-05-31 | $173,567 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-05-31 | $379,502 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-05-31 | $3,128 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-05-31 | $21,657 |
| Other income not declared elsewhere | 2016-05-31 | $21,831 |
| Administrative expenses (other) incurred | 2016-05-31 | $89,247 |
| Liabilities. Value of operating payables at end of year | 2016-05-31 | $27,243 |
| Liabilities. Value of operating payables at beginning of year | 2016-05-31 | $44,959 |
| Total non interest bearing cash at end of year | 2016-05-31 | $373,232 |
| Total non interest bearing cash at beginning of year | 2016-05-31 | $368,207 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-05-31 | No |
| Value of net income/loss | 2016-05-31 | $-1,313,702 |
| Value of net assets at end of year (total assets less liabilities) | 2016-05-31 | $349,117 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-05-31 | $1,662,819 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-05-31 | No |
| Investment advisory and management fees | 2016-05-31 | $1,167 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-05-31 | $203,014 |
| Income. Interest from US Government securities | 2016-05-31 | $5,213 |
| Income. Interest from corporate debt instruments | 2016-05-31 | $13,087 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-05-31 | $14,050 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-05-31 | $14,050 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-05-31 | $111 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-05-31 | $205,065 |
| Asset value of US Government securities at beginning of year | 2016-05-31 | $405,291 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-05-31 | No |
| Contributions received in cash from employer | 2016-05-31 | $922,599 |
| Employer contributions (assets) at beginning of year | 2016-05-31 | $141,171 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-05-31 | $1,669,511 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2016-05-31 | $554,388 |
| Contract administrator fees | 2016-05-31 | $30,265 |
| Did the plan have assets held for investment | 2016-05-31 | 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 | 2016-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-05-31 | No |
| Aggregate proceeds on sale of assets | 2016-05-31 | $1,481,297 |
| Aggregate carrying amount (costs) on sale of assets | 2016-05-31 | $1,448,960 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-05-31 | Unqualified |
| Accountancy firm name | 2016-05-31 | MOSIER & ASSOCIATES CPAS INC |
| Accountancy firm EIN | 2016-05-31 | 471912410 |
| 2015 : IBEW LOCAL 688 WELFARE FUND 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-05-31 | $17,980 |
| Total unrealized appreciation/depreciation of assets | 2015-05-31 | $17,980 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-05-31 | $44,959 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-05-31 | $18,803 |
| Total income from all sources (including contributions) | 2015-05-31 | $1,758,645 |
| Total loss/gain on sale of assets | 2015-05-31 | $-17,972 |
| Total of all expenses incurred | 2015-05-31 | $1,554,029 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-05-31 | $1,412,145 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-05-31 | $1,672,433 |
| Value of total assets at end of year | 2015-05-31 | $1,707,778 |
| Value of total assets at beginning of year | 2015-05-31 | $1,477,006 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-05-31 | $141,884 |
| Total interest from all sources | 2015-05-31 | $26,691 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-05-31 | $3,776 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-05-31 | $3,776 |
| Administrative expenses professional fees incurred | 2015-05-31 | $24,683 |
| Was this plan covered by a fidelity bond | 2015-05-31 | Yes |
| Value of fidelity bond cover | 2015-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-05-31 | No |
| Contributions received from participants | 2015-05-31 | $187,605 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-05-31 | $21,657 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-05-31 | $21,747 |
| Other income not declared elsewhere | 2015-05-31 | $55,737 |
| Administrative expenses (other) incurred | 2015-05-31 | $87,601 |
| Liabilities. Value of operating payables at end of year | 2015-05-31 | $44,959 |
| Liabilities. Value of operating payables at beginning of year | 2015-05-31 | $18,803 |
| Total non interest bearing cash at end of year | 2015-05-31 | $368,207 |
| Total non interest bearing cash at beginning of year | 2015-05-31 | $197,988 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-05-31 | No |
| Value of net income/loss | 2015-05-31 | $204,616 |
| Value of net assets at end of year (total assets less liabilities) | 2015-05-31 | $1,662,819 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-05-31 | $1,458,203 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-05-31 | No |
| Investment advisory and management fees | 2015-05-31 | $2,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-05-31 | $203,014 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-05-31 | $185,146 |
| Income. Interest from US Government securities | 2015-05-31 | $4,642 |
| Income. Interest from corporate debt instruments | 2015-05-31 | $22,046 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-05-31 | $14,050 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-05-31 | $20,604 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-05-31 | $20,604 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-05-31 | $3 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-05-31 | $170,584 |
| Asset value of US Government securities at end of year | 2015-05-31 | $405,291 |
| Asset value of US Government securities at beginning of year | 2015-05-31 | $367,453 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-05-31 | No |
| Contributions received in cash from employer | 2015-05-31 | $1,484,828 |
| Employer contributions (assets) at end of year | 2015-05-31 | $141,171 |
| Employer contributions (assets) at beginning of year | 2015-05-31 | $110,306 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-05-31 | $1,241,561 |
| Asset. Corporate debt instrument debt (other) at end of year | 2015-05-31 | $554,388 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2015-05-31 | $573,762 |
| Contract administrator fees | 2015-05-31 | $27,600 |
| Did the plan have assets held for investment | 2015-05-31 | 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 | 2015-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-05-31 | No |
| Aggregate proceeds on sale of assets | 2015-05-31 | $426,264 |
| Aggregate carrying amount (costs) on sale of assets | 2015-05-31 | $444,236 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-05-31 | Unqualified |
| Accountancy firm name | 2015-05-31 | MOSIER & ASSOCIATES CPAS INC |
| Accountancy firm EIN | 2015-05-31 | 471912410 |
| 2014 : IBEW LOCAL 688 WELFARE FUND 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-05-31 | $20,667 |
| Total unrealized appreciation/depreciation of assets | 2014-05-31 | $20,667 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-05-31 | $18,803 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-05-31 | $32,171 |
| Total income from all sources (including contributions) | 2014-05-31 | $1,633,847 |
| Total loss/gain on sale of assets | 2014-05-31 | $-4,945 |
| Total of all expenses incurred | 2014-05-31 | $1,838,702 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-05-31 | $1,718,384 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-05-31 | $1,444,483 |
| Value of total assets at end of year | 2014-05-31 | $1,477,006 |
| Value of total assets at beginning of year | 2014-05-31 | $1,695,229 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-05-31 | $120,318 |
| Total interest from all sources | 2014-05-31 | $33,049 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-05-31 | $4,333 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-05-31 | $4,333 |
| Administrative expenses professional fees incurred | 2014-05-31 | $22,425 |
| Was this plan covered by a fidelity bond | 2014-05-31 | Yes |
| Value of fidelity bond cover | 2014-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-05-31 | No |
| Contributions received from participants | 2014-05-31 | $183,720 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-05-31 | $21,747 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-05-31 | $27,460 |
| Other income not declared elsewhere | 2014-05-31 | $136,260 |
| Administrative expenses (other) incurred | 2014-05-31 | $68,293 |
| Liabilities. Value of operating payables at end of year | 2014-05-31 | $18,803 |
| Liabilities. Value of operating payables at beginning of year | 2014-05-31 | $32,171 |
| Total non interest bearing cash at end of year | 2014-05-31 | $197,988 |
| Total non interest bearing cash at beginning of year | 2014-05-31 | $88,640 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-05-31 | No |
| Value of net income/loss | 2014-05-31 | $-204,855 |
| Value of net assets at end of year (total assets less liabilities) | 2014-05-31 | $1,458,203 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-05-31 | $1,663,058 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-05-31 | No |
| Investment advisory and management fees | 2014-05-31 | $2,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-05-31 | $185,146 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-05-31 | $223,448 |
| Interest earned on other investments | 2014-05-31 | $1,719 |
| Income. Interest from US Government securities | 2014-05-31 | $5,330 |
| Income. Interest from corporate debt instruments | 2014-05-31 | $25,994 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-05-31 | $20,604 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-05-31 | $5,056 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-05-31 | $5,056 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-05-31 | $6 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-05-31 | $171,285 |
| Asset value of US Government securities at end of year | 2014-05-31 | $367,453 |
| Asset value of US Government securities at beginning of year | 2014-05-31 | $328,163 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-05-31 | No |
| Contributions received in cash from employer | 2014-05-31 | $1,260,763 |
| Employer contributions (assets) at end of year | 2014-05-31 | $110,306 |
| Employer contributions (assets) at beginning of year | 2014-05-31 | $134,410 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-05-31 | $1,547,099 |
| Asset. Corporate debt instrument debt (other) at end of year | 2014-05-31 | $573,762 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2014-05-31 | $888,052 |
| Contract administrator fees | 2014-05-31 | $27,600 |
| Did the plan have assets held for investment | 2014-05-31 | 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 | 2014-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-05-31 | No |
| Aggregate proceeds on sale of assets | 2014-05-31 | $875,127 |
| Aggregate carrying amount (costs) on sale of assets | 2014-05-31 | $880,072 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-05-31 | Unqualified |
| Accountancy firm name | 2014-05-31 | COUCHOT, HOGENKAMP, SEVING & MOSIER |
| Accountancy firm EIN | 2014-05-31 | 311365614 |
| 2013 : IBEW LOCAL 688 WELFARE FUND 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-05-31 | $1,350 |
| Total unrealized appreciation/depreciation of assets | 2013-05-31 | $1,350 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-05-31 | $32,171 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-05-31 | $34,985 |
| Total income from all sources (including contributions) | 2013-05-31 | $1,511,461 |
| Total loss/gain on sale of assets | 2013-05-31 | $19,048 |
| Total of all expenses incurred | 2013-05-31 | $2,117,800 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-05-31 | $1,984,507 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-05-31 | $1,405,307 |
| Value of total assets at end of year | 2013-05-31 | $1,695,229 |
| Value of total assets at beginning of year | 2013-05-31 | $2,304,382 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-05-31 | $133,293 |
| Total interest from all sources | 2013-05-31 | $38,877 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-05-31 | $7,244 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-05-31 | $7,244 |
| Administrative expenses professional fees incurred | 2013-05-31 | $32,978 |
| Was this plan covered by a fidelity bond | 2013-05-31 | Yes |
| Value of fidelity bond cover | 2013-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-05-31 | No |
| Contributions received from participants | 2013-05-31 | $167,087 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-05-31 | $27,460 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-05-31 | $161,564 |
| Other income not declared elsewhere | 2013-05-31 | $39,635 |
| Administrative expenses (other) incurred | 2013-05-31 | $70,715 |
| Liabilities. Value of operating payables at end of year | 2013-05-31 | $32,171 |
| Liabilities. Value of operating payables at beginning of year | 2013-05-31 | $34,985 |
| Total non interest bearing cash at end of year | 2013-05-31 | $88,640 |
| Total non interest bearing cash at beginning of year | 2013-05-31 | $427,795 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-05-31 | No |
| Value of net income/loss | 2013-05-31 | $-606,339 |
| Value of net assets at end of year (total assets less liabilities) | 2013-05-31 | $1,663,058 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-05-31 | $2,269,397 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-05-31 | No |
| Investment advisory and management fees | 2013-05-31 | $2,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-05-31 | $223,448 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-05-31 | $470,417 |
| Income. Interest from US Government securities | 2013-05-31 | $8,692 |
| Income. Interest from corporate debt instruments | 2013-05-31 | $30,153 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-05-31 | $5,056 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-05-31 | $8,196 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-05-31 | $8,196 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-05-31 | $32 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-05-31 | $159,847 |
| Asset value of US Government securities at end of year | 2013-05-31 | $328,163 |
| Asset value of US Government securities at beginning of year | 2013-05-31 | $444,329 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-05-31 | No |
| Contributions received in cash from employer | 2013-05-31 | $1,238,220 |
| Employer contributions (assets) at end of year | 2013-05-31 | $134,410 |
| Employer contributions (assets) at beginning of year | 2013-05-31 | $106,643 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-05-31 | $1,824,660 |
| Asset. Corporate debt instrument debt (other) at end of year | 2013-05-31 | $888,052 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2013-05-31 | $685,438 |
| Contract administrator fees | 2013-05-31 | $27,600 |
| Did the plan have assets held for investment | 2013-05-31 | 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 | 2013-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-05-31 | No |
| Aggregate proceeds on sale of assets | 2013-05-31 | $835,613 |
| Aggregate carrying amount (costs) on sale of assets | 2013-05-31 | $816,565 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-05-31 | Unqualified |
| Accountancy firm name | 2013-05-31 | COUCHOT, HOGENKAMP, SEVING & MOSIER |
| Accountancy firm EIN | 2013-05-31 | 311365614 |
| 2012 : IBEW LOCAL 688 WELFARE FUND 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-05-31 | $-13,073 |
| Total unrealized appreciation/depreciation of assets | 2012-05-31 | $-13,073 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-05-31 | $34,985 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-05-31 | $22,954 |
| Total income from all sources (including contributions) | 2012-05-31 | $2,005,043 |
| Total loss/gain on sale of assets | 2012-05-31 | $-23,335 |
| Total of all expenses incurred | 2012-05-31 | $2,213,276 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-05-31 | $2,086,733 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-05-31 | $1,375,635 |
| Value of total assets at end of year | 2012-05-31 | $2,304,382 |
| Value of total assets at beginning of year | 2012-05-31 | $2,500,584 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-05-31 | $126,543 |
| Total interest from all sources | 2012-05-31 | $53,793 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-05-31 | $13,018 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-05-31 | $13,018 |
| Administrative expenses professional fees incurred | 2012-05-31 | $28,060 |
| Was this plan covered by a fidelity bond | 2012-05-31 | Yes |
| Value of fidelity bond cover | 2012-05-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-05-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-05-31 | No |
| Contributions received from participants | 2012-05-31 | $168,660 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-05-31 | $161,564 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-05-31 | $30,533 |
| Other income not declared elsewhere | 2012-05-31 | $589,965 |
| Administrative expenses (other) incurred | 2012-05-31 | $68,883 |
| Liabilities. Value of operating payables at end of year | 2012-05-31 | $34,985 |
| Liabilities. Value of operating payables at beginning of year | 2012-05-31 | $22,954 |
| Total non interest bearing cash at end of year | 2012-05-31 | $427,795 |
| Total non interest bearing cash at beginning of year | 2012-05-31 | $11,876 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-05-31 | No |
| Value of net income/loss | 2012-05-31 | $-208,233 |
| Value of net assets at end of year (total assets less liabilities) | 2012-05-31 | $2,269,397 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-05-31 | $2,477,630 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-05-31 | No |
| Investment advisory and management fees | 2012-05-31 | $2,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-05-31 | $470,417 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-05-31 | $422,186 |
| Income. Interest from US Government securities | 2012-05-31 | $16,112 |
| Income. Interest from corporate debt instruments | 2012-05-31 | $37,549 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-05-31 | $8,196 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-05-31 | $100,864 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-05-31 | $100,864 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-05-31 | $132 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-05-31 | $146,267 |
| Asset value of US Government securities at end of year | 2012-05-31 | $444,329 |
| Asset value of US Government securities at beginning of year | 2012-05-31 | $937,693 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-05-31 | $9,040 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-05-31 | No |
| Contributions received in cash from employer | 2012-05-31 | $1,206,975 |
| Employer contributions (assets) at end of year | 2012-05-31 | $106,643 |
| Employer contributions (assets) at beginning of year | 2012-05-31 | $105,179 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-05-31 | $1,940,466 |
| Asset. Corporate debt instrument debt (other) at end of year | 2012-05-31 | $685,438 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2012-05-31 | $892,253 |
| Contract administrator fees | 2012-05-31 | $27,600 |
| Did the plan have assets held for investment | 2012-05-31 | 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 | 2012-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-05-31 | No |
| Aggregate proceeds on sale of assets | 2012-05-31 | $1,569,319 |
| Aggregate carrying amount (costs) on sale of assets | 2012-05-31 | $1,592,654 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-05-31 | Unqualified |
| Accountancy firm name | 2012-05-31 | COUCHOT, HOGENKAMP, SEVING & MOSIER |
| Accountancy firm EIN | 2012-05-31 | 311365614 |
| 2011 : IBEW LOCAL 688 WELFARE FUND 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-05-31 | $-6,557 |
| Total unrealized appreciation/depreciation of assets | 2011-05-31 | $-6,557 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-05-31 | $22,954 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-05-31 | $47,238 |
| Total income from all sources (including contributions) | 2011-05-31 | $1,272,663 |
| Total loss/gain on sale of assets | 2011-05-31 | $-1,561 |
| Total of all expenses incurred | 2011-05-31 | $1,477,729 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-05-31 | $1,337,032 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-05-31 | $1,176,009 |
| Value of total assets at end of year | 2011-05-31 | $2,500,584 |
| Value of total assets at beginning of year | 2011-05-31 | $2,729,934 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-05-31 | $140,697 |
| Total interest from all sources | 2011-05-31 | $59,079 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-05-31 | $13,716 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-05-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-05-31 | $13,716 |
| Administrative expenses professional fees incurred | 2011-05-31 | $37,179 |
| Was this plan covered by a fidelity bond | 2011-05-31 | Yes |
| Value of fidelity bond cover | 2011-05-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-05-31 | Yes |
| Amount of non-exempt transactions with any party-in-interest | 2011-05-31 | $133,397 |
| Contributions received from participants | 2011-05-31 | $190,941 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-05-31 | $30,533 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-05-31 | $15,533 |
| Administrative expenses (other) incurred | 2011-05-31 | $74,785 |
| Liabilities. Value of operating payables at end of year | 2011-05-31 | $22,954 |
| Liabilities. Value of operating payables at beginning of year | 2011-05-31 | $47,238 |
| Total non interest bearing cash at end of year | 2011-05-31 | $11,876 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-05-31 | No |
| Value of net income/loss | 2011-05-31 | $-205,066 |
| Value of net assets at end of year (total assets less liabilities) | 2011-05-31 | $2,477,630 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-05-31 | $2,682,696 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-05-31 | No |
| Investment advisory and management fees | 2011-05-31 | $1,833 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-05-31 | $422,186 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-05-31 | $320,415 |
| Income. Interest from US Government securities | 2011-05-31 | $20,547 |
| Income. Interest from corporate debt instruments | 2011-05-31 | $38,218 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-05-31 | $100,864 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-05-31 | $210,244 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-05-31 | $210,244 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-05-31 | $314 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-05-31 | $162,653 |
| Asset value of US Government securities at end of year | 2011-05-31 | $937,693 |
| Asset value of US Government securities at beginning of year | 2011-05-31 | $1,177,942 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-05-31 | $31,977 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-05-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-05-31 | No |
| Contributions received in cash from employer | 2011-05-31 | $985,068 |
| Employer contributions (assets) at end of year | 2011-05-31 | $105,179 |
| Employer contributions (assets) at beginning of year | 2011-05-31 | $105,537 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-05-31 | $1,174,379 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-05-31 | $892,253 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-05-31 | $900,263 |
| Contract administrator fees | 2011-05-31 | $26,900 |
| Did the plan have assets held for investment | 2011-05-31 | 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 | 2011-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-05-31 | No |
| Aggregate proceeds on sale of assets | 2011-05-31 | $724,821 |
| Aggregate carrying amount (costs) on sale of assets | 2011-05-31 | $726,382 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-05-31 | Unqualified |
| Accountancy firm name | 2011-05-31 | KISSEL & ASSOCIATES, INC. |
| Accountancy firm EIN | 2011-05-31 | 341204227 |
