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LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 401k Plan overview

Plan NameLOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST
Plan identification number 001

LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Target benefit plan
  • 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.

401k Sponsoring company profile

BOARD OF TRUSTEES LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST has sponsored the creation of one or more 401k plans.

Company Name:BOARD OF TRUSTEES LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST
Employer identification number (EIN):346596899
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01ROY B. GROSSWILER2023-09-26 TODD T. MICHAELSEN2023-09-26
0012021-01-01ROY B. GROSSWILER2022-09-07 TODD T. MICHAELSEN2022-09-15
0012020-01-01ROY B. GROSSWILER2021-10-04 TODD T. MICHAELSEN2021-10-04
0012019-01-01ROY B. GROSSWILER2020-10-12 TODD T. MICHAELSEN2020-10-12
0012018-01-01ROY B. GROSSWILER2019-10-15 TODD T. MICHAELSEN2019-10-15
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01JOSEPH E. COUSINO
0012011-01-01JOSEPH E. COUSINO
0012010-01-01JOSEPH E. COUSINO
0012009-01-01JOSEPH E. COUSINO

Plan Statistics for LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST

401k plan membership statisitcs for LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST

Measure Date Value
2022: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-012,665
Number of retired or separated participants receiving benefits2022-01-012,240
Number of other retired or separated participants entitled to future benefits2022-01-01548
Total of all active and inactive participants2022-01-012,788
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0138
Total participants2022-01-012,826
Number of participants with account balances2022-01-012,826
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
Number of employers contributing to the scheme2022-01-01108
2021: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-012,654
Total number of active participants reported on line 7a of the Form 55002021-01-012,271
Number of retired or separated participants receiving benefits2021-01-01223
Number of other retired or separated participants entitled to future benefits2021-01-01167
Total of all active and inactive participants2021-01-012,661
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-014
Total participants2021-01-012,665
Number of participants with account balances2021-01-012,665
Number of employers contributing to the scheme2021-01-01111
2020: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-012,550
Total number of active participants reported on line 7a of the Form 55002020-01-012,266
Number of retired or separated participants receiving benefits2020-01-01209
Number of other retired or separated participants entitled to future benefits2020-01-01174
Total of all active and inactive participants2020-01-012,649
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-015
Total participants2020-01-012,654
Number of participants with account balances2020-01-012,654
Number of employers contributing to the scheme2020-01-01111
2019: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-012,444
Total number of active participants reported on line 7a of the Form 55002019-01-012,181
Number of retired or separated participants receiving benefits2019-01-01204
Number of other retired or separated participants entitled to future benefits2019-01-01159
Total of all active and inactive participants2019-01-012,544
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-016
Total participants2019-01-012,550
Number of participants with account balances2019-01-012,550
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
Number of employers contributing to the scheme2019-01-01111
2018: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-012,832
Total number of active participants reported on line 7a of the Form 55002018-01-012,138
Number of retired or separated participants receiving benefits2018-01-01174
Number of other retired or separated participants entitled to future benefits2018-01-01128
Total of all active and inactive participants2018-01-012,440
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-014
Total participants2018-01-012,444
Number of participants with account balances2018-01-012,444
Number of employers contributing to the scheme2018-01-01120
2017: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-012,307
Total number of active participants reported on line 7a of the Form 55002017-01-012,591
Number of retired or separated participants receiving benefits2017-01-01150
Number of other retired or separated participants entitled to future benefits2017-01-0185
Total of all active and inactive participants2017-01-012,826
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-016
Total participants2017-01-012,832
Number of participants with account balances2017-01-012,382
Number of employers contributing to the scheme2017-01-01129
2016: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-012,294
Total number of active participants reported on line 7a of the Form 55002016-01-011,843
Number of retired or separated participants receiving benefits2016-01-01347
Number of other retired or separated participants entitled to future benefits2016-01-01112
Total of all active and inactive participants2016-01-012,302
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-015
Total participants2016-01-012,307
Number of participants with account balances2016-01-012,144
Number of employers contributing to the scheme2016-01-01113
2015: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-012,268
Total number of active participants reported on line 7a of the Form 55002015-01-011,838
Number of retired or separated participants receiving benefits2015-01-01362
Number of other retired or separated participants entitled to future benefits2015-01-0194
Total of all active and inactive participants2015-01-012,294
Total participants2015-01-012,294
Number of participants with account balances2015-01-012,136
Number of employers contributing to the scheme2015-01-01107
2014: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-012,312
Total number of active participants reported on line 7a of the Form 55002014-01-011,848
Number of retired or separated participants receiving benefits2014-01-01356
Number of other retired or separated participants entitled to future benefits2014-01-0164
Total of all active and inactive participants2014-01-012,268
Total participants2014-01-012,268
Number of participants with account balances2014-01-012,110
Number of employers contributing to the scheme2014-01-01110
2013: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-012,325
Total number of active participants reported on line 7a of the Form 55002013-01-011,960
Number of retired or separated participants receiving benefits2013-01-01292
Number of other retired or separated participants entitled to future benefits2013-01-0160
Total of all active and inactive participants2013-01-012,312
Total participants2013-01-012,312
Number of participants with account balances2013-01-012,160
Number of employers contributing to the scheme2013-01-01105
2012: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-012,228
Total number of active participants reported on line 7a of the Form 55002012-01-012,082
Number of retired or separated participants receiving benefits2012-01-01183
Number of other retired or separated participants entitled to future benefits2012-01-0160
Total of all active and inactive participants2012-01-012,325
Total participants2012-01-012,325
Number of participants with account balances2012-01-012,185
Number of employers contributing to the scheme2012-01-01102
2011: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-012,272
Total number of active participants reported on line 7a of the Form 55002011-01-012,017
Number of retired or separated participants receiving benefits2011-01-01156
Number of other retired or separated participants entitled to future benefits2011-01-0155
Total of all active and inactive participants2011-01-012,228
Total participants2011-01-012,228
Number of participants with account balances2011-01-012,182
Number of employers contributing to the scheme2011-01-01174
2010: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-012,484
Total number of active participants reported on line 7a of the Form 55002010-01-011,708
Number of retired or separated participants receiving benefits2010-01-01564
Total of all active and inactive participants2010-01-012,272
Total participants2010-01-012,272
Number of employers contributing to the scheme2010-01-01189
2009: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-012,443
Total number of active participants reported on line 7a of the Form 55002009-01-012,383
Number of retired or separated participants receiving benefits2009-01-01101
Total of all active and inactive participants2009-01-012,484
Total participants2009-01-012,484
Number of employers contributing to the scheme2009-01-01169

Financial Data on LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST

Measure Date Value
2022 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-16,811,700
Total unrealized appreciation/depreciation of assets2022-12-31$-16,811,700
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$11,466,568
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$2,733,748
Total income from all sources (including contributions)2022-12-31$-40,999,182
Total loss/gain on sale of assets2022-12-31$-1,883,299
Total of all expenses incurred2022-12-31$35,104,120
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$33,360,792
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$24,567,962
Value of total assets at end of year2022-12-31$545,740,468
Value of total assets at beginning of year2022-12-31$613,110,950
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$1,743,328
Total interest from all sources2022-12-31$2,042,673
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$2,350,373
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,169,314
Administrative expenses professional fees incurred2022-12-31$51,481
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$5,550,316
Participant contributions at end of year2022-12-31$1,183,863
Participant contributions at beginning of year2022-12-31$1,022,556
Participant contributions at end of year2022-12-31$355,652
Participant contributions at beginning of year2022-12-31$513,713
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$409,351
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$212,939
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$10,717,242
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$2,256,857
Administrative expenses (other) incurred2022-12-31$572,363
Liabilities. Value of operating payables at end of year2022-12-31$749,326
Liabilities. Value of operating payables at beginning of year2022-12-31$476,891
Total non interest bearing cash at end of year2022-12-31$539,074
Total non interest bearing cash at beginning of year2022-12-31$533,577
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-76,103,302
Value of net assets at end of year (total assets less liabilities)2022-12-31$534,273,900
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$610,377,202
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Assets. partnership/joint venture interests at end of year2022-12-31$22,282,637
Assets. partnership/joint venture interests at beginning of year2022-12-31$22,127,664
Investment advisory and management fees2022-12-31$1,119,484
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$147,209,594
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$183,392,346
Interest on participant loans2022-12-31$49,426
Income. Interest from US Government securities2022-12-31$1,062,384
Income. Interest from corporate debt instruments2022-12-31$399,711
Value of interest in common/collective trusts at end of year2022-12-31$68,037,798
Value of interest in common/collective trusts at beginning of year2022-12-31$78,411,352
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$9,519,102
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$3,390,262
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$3,390,262
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$531,152
Assets. Value of investments in 103.12 investment entities at end of year2022-12-31$42,928,341
Assets. Value of investments in 103.12 investment entities at beginning of year2022-12-31$46,468,011
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$90,548,214
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$88,004,435
Asset value of US Government securities at end of year2022-12-31$38,523,605
Asset value of US Government securities at beginning of year2022-12-31$43,209,936
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-37,352,066
Net investment gain or loss from common/collective trusts2022-12-31$-10,373,455
Net gain/loss from 103.12 investment entities2022-12-31$-3,539,670
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$19,017,646
Employer contributions (assets) at end of year2022-12-31$1,489,729
Employer contributions (assets) at beginning of year2022-12-31$1,913,090
Income. Dividends from common stock2022-12-31$1,181,059
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$33,360,792
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$19,590,571
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$16,913,963
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$103,122,937
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$126,997,106
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$441,237,961
Aggregate carrying amount (costs) on sale of assets2022-12-31$443,121,260
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MSPC, CPA'S AND ADVISORS, P.C.
Accountancy firm EIN2022-12-31222951202
2021 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$37,805,970
Total unrealized appreciation/depreciation of assets2021-12-31$37,805,970
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$2,733,748
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$4,011,658
Total income from all sources (including contributions)2021-12-31$83,078,882
Total loss/gain on sale of assets2021-12-31$8,965,159
Total of all expenses incurred2021-12-31$36,523,364
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$34,912,124
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$20,846,705
Value of total assets at end of year2021-12-31$613,110,950
Value of total assets at beginning of year2021-12-31$567,833,342
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$1,611,240
Total interest from all sources2021-12-31$2,604,737
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$13,639,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$12,534,397
Administrative expenses professional fees incurred2021-12-31$49,314
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$4,277,376
Participant contributions at end of year2021-12-31$1,022,556
Participant contributions at beginning of year2021-12-31$778,801
Participant contributions at end of year2021-12-31$513,713
Participant contributions at beginning of year2021-12-31$382,650
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$212,939
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$184,038
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$2,256,857
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$3,557,470
Administrative expenses (other) incurred2021-12-31$527,811
Liabilities. Value of operating payables at end of year2021-12-31$476,891
Liabilities. Value of operating payables at beginning of year2021-12-31$454,188
Total non interest bearing cash at end of year2021-12-31$533,577
Total non interest bearing cash at beginning of year2021-12-31$532,134
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$46,555,518
Value of net assets at end of year (total assets less liabilities)2021-12-31$610,377,202
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$563,821,684
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Assets. partnership/joint venture interests at end of year2021-12-31$22,127,664
Assets. partnership/joint venture interests at beginning of year2021-12-31$21,064,966
Investment advisory and management fees2021-12-31$1,034,115
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$183,392,346
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$172,407,616
Interest on participant loans2021-12-31$44,624
Income. Interest from US Government securities2021-12-31$259,498
Income. Interest from corporate debt instruments2021-12-31$468,308
Value of interest in common/collective trusts at end of year2021-12-31$78,411,352
Value of interest in common/collective trusts at beginning of year2021-12-31$73,335,629
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$3,390,262
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$3,576,111
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$3,576,111
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$1,832,307
Assets. Value of investments in 103.12 investment entities at end of year2021-12-31$46,468,011
Assets. Value of investments in 103.12 investment entities at beginning of year2021-12-31$39,489,746
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$88,004,435
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$90,951,002
Asset value of US Government securities at end of year2021-12-31$43,209,936
Asset value of US Government securities at beginning of year2021-12-31$41,265,251
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$10,481,948
Net investment gain or loss from common/collective trusts2021-12-31$-11,264,667
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$16,569,329
Employer contributions (assets) at end of year2021-12-31$1,913,090
Employer contributions (assets) at beginning of year2021-12-31$1,521,388
Income. Dividends from common stock2021-12-31$1,104,633
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$34,912,124
Asset. Corporate debt instrument debt (other) at end of year2021-12-31$16,913,963
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$14,124,830
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$126,997,106
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$108,219,180
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$447,690,963
Aggregate carrying amount (costs) on sale of assets2021-12-31$438,725,804
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MSPC, CPA'S AND ADVISORS, P.C.
Accountancy firm EIN2021-12-31222951202
2020 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$16,920,773
Total unrealized appreciation/depreciation of assets2020-12-31$16,920,773
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$4,011,658
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,387,514
Total income from all sources (including contributions)2020-12-31$83,330,955
Total loss/gain on sale of assets2020-12-31$2,814,963
Total of all expenses incurred2020-12-31$34,072,278
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$32,430,732
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$21,717,131
Value of total assets at end of year2020-12-31$567,833,342
Value of total assets at beginning of year2020-12-31$515,950,521
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,641,546
Total interest from all sources2020-12-31$910,642
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$5,986,829
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$4,818,071
Administrative expenses professional fees incurred2020-12-31$72,821
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$4,462,713
Participant contributions at end of year2020-12-31$778,801
Participant contributions at beginning of year2020-12-31$757,035
Participant contributions at end of year2020-12-31$382,650
Participant contributions at beginning of year2020-12-31$379,709
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$184,038
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$250,084
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$3,557,470
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$928,631
Administrative expenses (other) incurred2020-12-31$484,773
Liabilities. Value of operating payables at end of year2020-12-31$454,188
Liabilities. Value of operating payables at beginning of year2020-12-31$458,883
Total non interest bearing cash at end of year2020-12-31$532,134
Total non interest bearing cash at beginning of year2020-12-31$637,118
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$49,258,677
Value of net assets at end of year (total assets less liabilities)2020-12-31$563,821,684
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$514,563,007
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$21,064,966
Assets. partnership/joint venture interests at beginning of year2020-12-31$20,451,357
Investment advisory and management fees2020-12-31$1,083,952
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$172,407,616
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$165,567,475
Interest on participant loans2020-12-31$43,026
Income. Interest from US Government securities2020-12-31$375,001
Income. Interest from corporate debt instruments2020-12-31$462,710
Value of interest in common/collective trusts at end of year2020-12-31$73,335,629
Value of interest in common/collective trusts at beginning of year2020-12-31$72,413,718
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$3,576,111
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$4,632,775
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$4,632,775
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$29,905
Assets. Value of investments in 103.12 investment entities at end of year2020-12-31$39,489,746
Assets. Value of investments in 103.12 investment entities at beginning of year2020-12-31$37,758,178
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$90,951,002
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$59,313,214
Asset value of US Government securities at end of year2020-12-31$41,265,251
Asset value of US Government securities at beginning of year2020-12-31$35,909,078
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$35,679,961
Net investment gain or loss from common/collective trusts2020-12-31$-699,344
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$17,254,418
Employer contributions (assets) at end of year2020-12-31$1,521,388
Employer contributions (assets) at beginning of year2020-12-31$2,049,671
Income. Dividends from common stock2020-12-31$1,168,758
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$32,430,732
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$14,124,830
Asset. Corporate debt instrument debt (other) at beginning of year2020-12-31$15,377,273
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$108,219,180
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$100,453,836
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$588,634,967
Aggregate carrying amount (costs) on sale of assets2020-12-31$585,820,004
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31MSPC, CPA'S AND ADVISORS, P.C.
Accountancy firm EIN2020-12-31222951202
2019 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$21,628,718
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$21,628,718
Total unrealized appreciation/depreciation of assets2019-12-31$21,628,718
Total unrealized appreciation/depreciation of assets2019-12-31$21,628,718
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,387,514
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,387,514
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,139,749
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,139,749
Total income from all sources (including contributions)2019-12-31$100,206,994
Total income from all sources (including contributions)2019-12-31$100,206,994
Total loss/gain on sale of assets2019-12-31$10,375,035
Total loss/gain on sale of assets2019-12-31$10,375,035
Total of all expenses incurred2019-12-31$24,792,943
Total of all expenses incurred2019-12-31$24,792,943
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$23,115,436
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$23,115,436
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$24,312,761
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$24,312,761
Value of total assets at end of year2019-12-31$515,950,521
Value of total assets at end of year2019-12-31$515,950,521
Value of total assets at beginning of year2019-12-31$442,288,705
Value of total assets at beginning of year2019-12-31$442,288,705
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,677,507
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,677,507
Total interest from all sources2019-12-31$3,933,259
Total interest from all sources2019-12-31$3,933,259
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$5,607,434
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$5,607,434
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$4,958,588
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$4,958,588
Administrative expenses professional fees incurred2019-12-31$86,787
Administrative expenses professional fees incurred2019-12-31$86,787
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$4,420,773
Contributions received from participants2019-12-31$4,420,773
Participant contributions at end of year2019-12-31$757,035
Participant contributions at beginning of year2019-12-31$597,384
Participant contributions at end of year2019-12-31$379,709
Participant contributions at end of year2019-12-31$379,709
Participant contributions at beginning of year2019-12-31$295,669
Participant contributions at beginning of year2019-12-31$295,669
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$250,084
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$250,084
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$319,898
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$319,898
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$928,631
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$928,631
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$2,495,491
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$2,495,491
Administrative expenses (other) incurred2019-12-31$450,800
Administrative expenses (other) incurred2019-12-31$450,800
Liabilities. Value of operating payables at end of year2019-12-31$458,883
Liabilities. Value of operating payables at end of year2019-12-31$458,883
Liabilities. Value of operating payables at beginning of year2019-12-31$644,258
Liabilities. Value of operating payables at beginning of year2019-12-31$644,258
Total non interest bearing cash at end of year2019-12-31$637,118
Total non interest bearing cash at end of year2019-12-31$637,118
Total non interest bearing cash at beginning of year2019-12-31$224,727
Total non interest bearing cash at beginning of year2019-12-31$224,727
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$75,414,051
Value of net income/loss2019-12-31$75,414,051
Value of net assets at end of year (total assets less liabilities)2019-12-31$514,563,007
Value of net assets at end of year (total assets less liabilities)2019-12-31$514,563,007
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$439,148,956
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$439,148,956
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. partnership/joint venture interests at end of year2019-12-31$20,451,357
Assets. partnership/joint venture interests at end of year2019-12-31$20,451,357
Assets. partnership/joint venture interests at beginning of year2019-12-31$52,940,726
Assets. partnership/joint venture interests at beginning of year2019-12-31$52,940,726
Investment advisory and management fees2019-12-31$1,139,920
Investment advisory and management fees2019-12-31$1,139,920
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$165,567,475
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$165,567,475
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$115,136,950
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$115,136,950
Interest on participant loans2019-12-31$36,729
Interest on participant loans2019-12-31$36,729
Interest earned on other investments2019-12-31$1,834,186
Interest earned on other investments2019-12-31$1,834,186
Income. Interest from US Government securities2019-12-31$516,116
Income. Interest from US Government securities2019-12-31$516,116
Income. Interest from corporate debt instruments2019-12-31$804,544
Income. Interest from corporate debt instruments2019-12-31$804,544
Value of interest in common/collective trusts at end of year2019-12-31$72,413,718
Value of interest in common/collective trusts at beginning of year2019-12-31$44,197,240
Value of interest in common/collective trusts at beginning of year2019-12-31$44,197,240
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$4,632,775
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$4,632,775
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$4,572,337
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$4,572,337
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$4,572,337
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$4,572,337
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$741,684
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$741,684
Assets. Value of investments in 103.12 investment entities at end of year2019-12-31$37,758,178
Assets. Value of investments in 103.12 investment entities at end of year2019-12-31$37,758,178
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$59,313,214
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$59,313,214
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$49,061,950
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$49,061,950
Asset value of US Government securities at end of year2019-12-31$35,909,078
Asset value of US Government securities at end of year2019-12-31$35,909,078
Asset value of US Government securities at beginning of year2019-12-31$30,682,040
Asset value of US Government securities at beginning of year2019-12-31$30,682,040
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$18,889,517
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$18,889,517
Net investment gain or loss from common/collective trusts2019-12-31$15,460,270
Net investment gain or loss from common/collective trusts2019-12-31$15,460,270
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$19,891,988
Contributions received in cash from employer2019-12-31$19,891,988
Employer contributions (assets) at end of year2019-12-31$2,049,671
Employer contributions (assets) at end of year2019-12-31$2,049,671
Employer contributions (assets) at beginning of year2019-12-31$1,543,216
Employer contributions (assets) at beginning of year2019-12-31$1,543,216
Income. Dividends from common stock2019-12-31$648,846
Income. Dividends from common stock2019-12-31$648,846
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$23,115,436
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$23,115,436
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$15,377,273
Asset. Corporate debt instrument debt (other) at end of year2019-12-31$15,377,273
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$18,215,821
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$18,215,821
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$100,453,836
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$100,453,836
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$124,500,747
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$124,500,747
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$318,248,565
Aggregate proceeds on sale of assets2019-12-31$318,248,565
Aggregate carrying amount (costs) on sale of assets2019-12-31$307,873,530
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31MSPC, CPA'S AND ADVISORS, P.C.
Accountancy firm name2019-12-31MSPC, CPA'S AND ADVISORS, P.C.
Accountancy firm EIN2019-12-31222951202
Accountancy firm EIN2019-12-31222951202
2018 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-20,943,146
Total unrealized appreciation/depreciation of assets2018-12-31$-20,943,146
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$3,139,749
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$4,136,268
Total income from all sources (including contributions)2018-12-31$6,955,774
Total loss/gain on sale of assets2018-12-31$10,362,902
Total of all expenses incurred2018-12-31$22,924,015
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$20,966,468
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$21,794,818
Value of total assets at end of year2018-12-31$442,288,705
Value of total assets at beginning of year2018-12-31$459,253,465
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,957,547
Total interest from all sources2018-12-31$2,972,257
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$6,406,551
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$4,362,214
Administrative expenses professional fees incurred2018-12-31$90,121
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$3,381,541
Participant contributions at end of year2018-12-31$597,384
Participant contributions at beginning of year2018-12-31$515,678
Participant contributions at end of year2018-12-31$295,669
Participant contributions at beginning of year2018-12-31$240,095
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$274,344
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$319,898
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$457,797
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$2,495,491
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$3,496,911
Administrative expenses (other) incurred2018-12-31$509,142
Liabilities. Value of operating payables at end of year2018-12-31$644,258
Liabilities. Value of operating payables at beginning of year2018-12-31$639,357
Total non interest bearing cash at end of year2018-12-31$224,727
Total non interest bearing cash at beginning of year2018-12-31$10,155,360
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-15,968,241
Value of net assets at end of year (total assets less liabilities)2018-12-31$439,148,956
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$455,117,197
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Assets. partnership/joint venture interests at end of year2018-12-31$52,940,726
Assets. partnership/joint venture interests at beginning of year2018-12-31$53,964,397
Investment advisory and management fees2018-12-31$1,358,284
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$115,136,950
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$120,550,958
Interest on participant loans2018-12-31$27,149
Interest earned on other investments2018-12-31$1,503,665
Income. Interest from US Government securities2018-12-31$943,124
Income. Interest from corporate debt instruments2018-12-31$478,713
Value of interest in common/collective trusts at end of year2018-12-31$44,197,240
Value of interest in common/collective trusts at beginning of year2018-12-31$56,523,626
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$4,572,337
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$32,738
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$32,738
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$19,606
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$49,061,950
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$37,273,649
Asset value of US Government securities at end of year2018-12-31$30,682,040
Asset value of US Government securities at beginning of year2018-12-31$24,642,406
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-14,709,412
Net investment gain or loss from common/collective trusts2018-12-31$1,071,804
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$18,138,933
Employer contributions (assets) at end of year2018-12-31$1,543,216
Employer contributions (assets) at beginning of year2018-12-31$1,553,083
Income. Dividends from common stock2018-12-31$2,044,337
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$20,966,468
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$18,215,821
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$15,165,537
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
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$124,500,747
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$138,178,141
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$243,972,189
Aggregate carrying amount (costs) on sale of assets2018-12-31$233,609,287
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31MSPC CPAS & ADVISORS, P.C.
Accountancy firm EIN2018-12-31222951202
2017 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$15,508,684
Total unrealized appreciation/depreciation of assets2017-12-31$15,508,684
Total transfer of assets to this plan2017-12-31$15,745,819
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$4,136,268
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$4,030,083
Total income from all sources (including contributions)2017-12-31$84,359,364
Total loss/gain on sale of assets2017-12-31$16,825,061
Total of all expenses incurred2017-12-31$22,872,037
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$20,922,180
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$21,503,669
Value of total assets at end of year2017-12-31$459,253,465
Value of total assets at beginning of year2017-12-31$381,914,134
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,949,857
Total interest from all sources2017-12-31$2,351,349
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$4,830,421
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$2,684,746
Administrative expenses professional fees incurred2017-12-31$95,327
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$2,876,985
Participant contributions at end of year2017-12-31$515,678
Participant contributions at end of year2017-12-31$240,095
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$164,353
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$457,797
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$735,448
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$3,496,911
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$3,008,165
Administrative expenses (other) incurred2017-12-31$570,725
Liabilities. Value of operating payables at end of year2017-12-31$639,357
Liabilities. Value of operating payables at beginning of year2017-12-31$1,021,918
Total non interest bearing cash at end of year2017-12-31$10,155,360
Total non interest bearing cash at beginning of year2017-12-31$131,416
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$61,487,327
Value of net assets at end of year (total assets less liabilities)2017-12-31$455,117,197
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$377,884,051
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Assets. partnership/joint venture interests at end of year2017-12-31$53,964,397
Assets. partnership/joint venture interests at beginning of year2017-12-31$19,443,664
Investment advisory and management fees2017-12-31$1,283,805
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$120,550,958
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$80,712,826
Interest on participant loans2017-12-31$27,984
Interest earned on other investments2017-12-31$1,080,813
Income. Interest from US Government securities2017-12-31$430,762
Income. Interest from corporate debt instruments2017-12-31$554,902
Value of interest in common/collective trusts at end of year2017-12-31$56,523,626
Value of interest in common/collective trusts at beginning of year2017-12-31$100,112,503
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$32,738
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$7,077,369
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$7,077,369
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$256,888
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$37,273,649
Asset value of US Government securities at end of year2017-12-31$24,642,406
Asset value of US Government securities at beginning of year2017-12-31$26,928,623
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$13,836,016
Net investment gain or loss from common/collective trusts2017-12-31$9,504,164
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
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
Contributions received in cash from employer2017-12-31$18,462,331
Employer contributions (assets) at end of year2017-12-31$1,553,083
Employer contributions (assets) at beginning of year2017-12-31$1,586,638
Income. Dividends from common stock2017-12-31$2,145,675
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$20,922,180
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$15,165,537
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$12,539,357
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$138,178,141
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$132,646,290
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
Aggregate proceeds on sale of assets2017-12-31$249,449,384
Aggregate carrying amount (costs) on sale of assets2017-12-31$232,624,323
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31MSPC CPAS & ADVISORS, P.C.
Accountancy firm EIN2017-12-31222951202
2016 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$1,848,319
Total unrealized appreciation/depreciation of assets2016-12-31$1,848,319
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$4,030,083
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$1,233,426
Total income from all sources (including contributions)2016-12-31$33,121,827
Total loss/gain on sale of assets2016-12-31$4,194,463
Total of all expenses incurred2016-12-31$24,665,410
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$22,747,729
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$17,007,384
Value of total assets at end of year2016-12-31$381,914,134
Value of total assets at beginning of year2016-12-31$370,661,060
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,917,681
Total interest from all sources2016-12-31$801,323
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$3,897,658
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$1,890,222
Administrative expenses professional fees incurred2016-12-31$59,184
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Funding deficiency by the employer to the plan for this plan year2016-12-31$0
Minimum employer required contribution for this plan year2016-12-31$0
Amount contributed by the employer to the plan for this plan year2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$735,448
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$683,433
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$3,008,165
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$738,291
Administrative expenses (other) incurred2016-12-31$561,790
Liabilities. Value of operating payables at end of year2016-12-31$1,021,918
Liabilities. Value of operating payables at beginning of year2016-12-31$495,135
Total non interest bearing cash at end of year2016-12-31$131,416
Total non interest bearing cash at beginning of year2016-12-31$115,665
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$8,456,417
Value of net assets at end of year (total assets less liabilities)2016-12-31$377,884,051
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$369,427,634
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$19,443,664
Assets. partnership/joint venture interests at beginning of year2016-12-31$18,917,683
Investment advisory and management fees2016-12-31$1,296,707
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$80,712,826
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$85,257,796
Income. Interest from US Government securities2016-12-31$325,474
Income. Interest from corporate debt instruments2016-12-31$445,902
Value of interest in common/collective trusts at end of year2016-12-31$100,112,503
Value of interest in common/collective trusts at beginning of year2016-12-31$92,761,220
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$7,077,369
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$4,030,968
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$4,030,968
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$29,947
Asset value of US Government securities at end of year2016-12-31$26,928,623
Asset value of US Government securities at beginning of year2016-12-31$20,293,861
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$-287,595
Net investment gain or loss from common/collective trusts2016-12-31$5,660,275
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$17,007,384
Employer contributions (assets) at end of year2016-12-31$1,586,638
Employer contributions (assets) at beginning of year2016-12-31$1,384,155
Income. Dividends from common stock2016-12-31$2,007,436
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$22,747,729
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$12,539,357
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$13,012,815
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$132,646,290
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$134,203,464
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
Aggregate proceeds on sale of assets2016-12-31$244,742,082
Aggregate carrying amount (costs) on sale of assets2016-12-31$240,547,619
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31MSPC CPAS & ADVISORS, P.C.
Accountancy firm EIN2016-12-31222951202
2015 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-9,390,437
Total unrealized appreciation/depreciation of assets2015-12-31$-9,390,437
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$1,233,426
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$1,148,046
Total income from all sources (including contributions)2015-12-31$25,769,930
Total loss/gain on sale of assets2015-12-31$13,561,137
Total of all expenses incurred2015-12-31$20,723,340
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$18,948,799
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$14,824,441
Value of total assets at end of year2015-12-31$370,661,060
Value of total assets at beginning of year2015-12-31$365,529,090
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$1,774,541
Total interest from all sources2015-12-31$724,089
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$3,530,765
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$1,598,136
Administrative expenses professional fees incurred2015-12-31$38,414
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$0
Amount contributed by the employer to the plan for this plan year2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$683,433
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$599,664
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$738,291
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$652,811
Administrative expenses (other) incurred2015-12-31$470,786
Liabilities. Value of operating payables at end of year2015-12-31$495,135
Liabilities. Value of operating payables at beginning of year2015-12-31$495,235
Total non interest bearing cash at end of year2015-12-31$115,665
Total non interest bearing cash at beginning of year2015-12-31$126,193
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$5,046,590
Value of net assets at end of year (total assets less liabilities)2015-12-31$369,427,634
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$364,381,044
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Assets. partnership/joint venture interests at end of year2015-12-31$18,917,683
Assets. partnership/joint venture interests at beginning of year2015-12-31$15,923,333
Investment advisory and management fees2015-12-31$1,265,341
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$85,257,796
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$84,908,883
Interest earned on other investments2015-12-31$0
Income. Interest from US Government securities2015-12-31$309,873
Income. Interest from corporate debt instruments2015-12-31$409,598
Value of interest in common/collective trusts at end of year2015-12-31$92,761,220
Value of interest in common/collective trusts at beginning of year2015-12-31$88,951,952
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$4,030,968
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$3,254,479
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$3,254,479
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$4,618
Asset value of US Government securities at end of year2015-12-31$20,293,861
Asset value of US Government securities at beginning of year2015-12-31$20,697,034
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-892,193
Net investment gain or loss from common/collective trusts2015-12-31$3,412,128
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$14,824,441
Employer contributions (assets) at end of year2015-12-31$1,384,155
Employer contributions (assets) at beginning of year2015-12-31$1,439,557
Income. Dividends from common stock2015-12-31$1,932,629
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$18,948,799
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$13,012,815
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$12,441,221
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$134,203,464
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$137,186,774
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
Aggregate proceeds on sale of assets2015-12-31$531,397,371
Aggregate carrying amount (costs) on sale of assets2015-12-31$517,836,234
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31MSPC CPAS & ADVISORS, P.C.
Accountancy firm EIN2015-12-31222951202
2014 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-6,243,821
Total unrealized appreciation/depreciation of assets2014-12-31$-6,243,821
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,148,046
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$4,473,759
Total income from all sources (including contributions)2014-12-31$32,334,089
Total loss/gain on sale of assets2014-12-31$14,822,639
Total of all expenses incurred2014-12-31$25,960,068
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$24,155,773
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$13,904,138
Value of total assets at end of year2014-12-31$365,529,090
Value of total assets at beginning of year2014-12-31$362,480,782
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,804,295
Total interest from all sources2014-12-31$852,654
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$3,674,823
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$1,609,565
Administrative expenses professional fees incurred2014-12-31$35,819
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$599,664
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$630,977
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$652,811
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$3,663,580
Administrative expenses (other) incurred2014-12-31$502,345
Liabilities. Value of operating payables at end of year2014-12-31$495,235
Liabilities. Value of operating payables at beginning of year2014-12-31$545,334
Total non interest bearing cash at end of year2014-12-31$126,193
Total non interest bearing cash at beginning of year2014-12-31$116,341
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$6,374,021
Value of net assets at end of year (total assets less liabilities)2014-12-31$364,381,044
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$358,007,023
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Assets. partnership/joint venture interests at end of year2014-12-31$15,923,333
Assets. partnership/joint venture interests at beginning of year2014-12-31$16,355,491
Investment advisory and management fees2014-12-31$1,266,131
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$84,908,883
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$60,599,934
Interest earned on other investments2014-12-31$63,248
Income. Interest from US Government securities2014-12-31$291,740
Income. Interest from corporate debt instruments2014-12-31$497,000
Value of interest in common/collective trusts at end of year2014-12-31$88,951,952
Value of interest in common/collective trusts at beginning of year2014-12-31$88,536,319
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$3,254,479
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$6,621,254
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$6,621,254
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$666
Asset value of US Government securities at end of year2014-12-31$20,697,034
Asset value of US Government securities at beginning of year2014-12-31$19,303,583
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-2,085,614
Net investment gain or loss from common/collective trusts2014-12-31$7,409,270
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$13,904,138
Employer contributions (assets) at end of year2014-12-31$1,439,557
Employer contributions (assets) at beginning of year2014-12-31$1,140,252
Income. Dividends from common stock2014-12-31$2,065,258
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$24,155,773
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$12,441,221
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$15,471,180
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$137,186,774
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$153,705,451
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$264,845
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$351,905,863
Aggregate carrying amount (costs) on sale of assets2014-12-31$337,083,224
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31MSPC CPAS & ADVISORS, P.C.
Accountancy firm EIN2014-12-31222951202
2013 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$25,193,373
Total unrealized appreciation/depreciation of assets2013-12-31$25,193,373
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$4,473,759
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$1,698,266
Total income from all sources (including contributions)2013-12-31$69,456,491
Total loss/gain on sale of assets2013-12-31$17,376,635
Total of all expenses incurred2013-12-31$15,404,808
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$13,665,814
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$11,394,743
Value of total assets at end of year2013-12-31$362,480,782
Value of total assets at beginning of year2013-12-31$305,653,606
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$1,738,994
Total interest from all sources2013-12-31$848,609
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$4,126,634
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$1,590,999
Administrative expenses professional fees incurred2013-12-31$43,141
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$630,977
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$745,966
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$3,663,580
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$1,049,265
Administrative expenses (other) incurred2013-12-31$423,761
Liabilities. Value of operating payables at end of year2013-12-31$545,334
Liabilities. Value of operating payables at beginning of year2013-12-31$358,460
Total non interest bearing cash at end of year2013-12-31$116,341
Total non interest bearing cash at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$54,051,683
Value of net assets at end of year (total assets less liabilities)2013-12-31$358,007,023
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$303,955,340
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Assets. partnership/joint venture interests at end of year2013-12-31$16,355,491
Assets. partnership/joint venture interests at beginning of year2013-12-31$15,358,833
Investment advisory and management fees2013-12-31$1,272,092
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$60,599,934
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$55,437,698
Income. Interest from US Government securities2013-12-31$360,585
Income. Interest from corporate debt instruments2013-12-31$486,977
Value of interest in common/collective trusts at end of year2013-12-31$88,536,319
Value of interest in common/collective trusts at beginning of year2013-12-31$76,455,443
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$6,621,254
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$2,623,572
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$2,623,572
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$1,047
Asset value of US Government securities at end of year2013-12-31$19,303,583
Asset value of US Government securities at beginning of year2013-12-31$18,009,253
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$133,859
Net investment gain or loss from common/collective trusts2013-12-31$10,382,638
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$11,394,743
Employer contributions (assets) at end of year2013-12-31$1,140,252
Employer contributions (assets) at beginning of year2013-12-31$1,444,161
Income. Dividends from common stock2013-12-31$2,535,635
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$13,665,814
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$15,471,180
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$14,624,092
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$153,705,451
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$120,954,588
Liabilities. Value of benefit claims payable at end of year2013-12-31$264,845
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$290,541
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$325,852,787
Aggregate carrying amount (costs) on sale of assets2013-12-31$308,476,152
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31MSPC
Accountancy firm EIN2013-12-31222951202
2012 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$13,216,733
Total unrealized appreciation/depreciation of assets2012-12-31$13,216,733
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,698,266
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,420,000
Total income from all sources (including contributions)2012-12-31$45,328,122
Total loss/gain on sale of assets2012-12-31$2,670,176
Total of all expenses incurred2012-12-31$13,452,707
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$11,789,830
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$15,858,212
Value of total assets at end of year2012-12-31$305,653,606
Value of total assets at beginning of year2012-12-31$273,499,925
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,662,877
Total interest from all sources2012-12-31$1,040,693
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$4,787,733
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$1,989,806
Administrative expenses professional fees incurred2012-12-31$41,295
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$745,966
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$694,665
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$1,049,265
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$624,411
Other income not declared elsewhere2012-12-31$3,387
Administrative expenses (other) incurred2012-12-31$498,175
Liabilities. Value of operating payables at end of year2012-12-31$358,460
Liabilities. Value of operating payables at beginning of year2012-12-31$741,105
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$51,631
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$31,875,415
Value of net assets at end of year (total assets less liabilities)2012-12-31$303,955,340
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$272,079,925
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Assets. partnership/joint venture interests at end of year2012-12-31$15,358,833
Assets. partnership/joint venture interests at beginning of year2012-12-31$14,673,372
Investment advisory and management fees2012-12-31$1,123,407
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$55,437,698
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$46,141,201
Income. Interest from US Government securities2012-12-31$400,426
Income. Interest from corporate debt instruments2012-12-31$637,644
Value of interest in common/collective trusts at end of year2012-12-31$76,455,443
Value of interest in common/collective trusts at beginning of year2012-12-31$71,456,393
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$2,623,572
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$2,115,380
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$2,115,380
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$2,623
Asset value of US Government securities at end of year2012-12-31$18,009,253
Asset value of US Government securities at beginning of year2012-12-31$14,283,032
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,568,693
Net investment gain or loss from common/collective trusts2012-12-31$5,182,495
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
Contributions received in cash from employer2012-12-31$15,858,212
Employer contributions (assets) at end of year2012-12-31$1,444,161
Employer contributions (assets) at beginning of year2012-12-31$1,168,487
Income. Dividends from common stock2012-12-31$2,797,927
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$11,789,830
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$14,624,092
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$15,625,421
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$120,954,588
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$107,290,343
Liabilities. Value of benefit claims payable at end of year2012-12-31$290,541
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$54,484
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$253,153,874
Aggregate carrying amount (costs) on sale of assets2012-12-31$250,483,698
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31MSPC
Accountancy firm EIN2012-12-31222951202
2011 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-16,899,350
Total unrealized appreciation/depreciation of assets2011-12-31$-16,899,350
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,420,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$4,135,818
Total income from all sources (including contributions)2011-12-31$14,379,440
Total loss/gain on sale of assets2011-12-31$11,106,309
Total of all expenses incurred2011-12-31$20,134,944
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$18,475,915
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$12,563,729
Value of total assets at end of year2011-12-31$273,499,925
Value of total assets at beginning of year2011-12-31$281,971,247
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,659,029
Total interest from all sources2011-12-31$1,570,916
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$3,606,781
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$1,047,650
Administrative expenses professional fees incurred2011-12-31$41,103
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$694,665
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$442,036
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$624,411
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$3,241,340
Administrative expenses (other) incurred2011-12-31$502,692
Liabilities. Value of operating payables at end of year2011-12-31$741,105
Liabilities. Value of operating payables at beginning of year2011-12-31$300,115
Total non interest bearing cash at end of year2011-12-31$51,631
Total non interest bearing cash at beginning of year2011-12-31$210,972
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-5,755,504
Value of net assets at end of year (total assets less liabilities)2011-12-31$272,079,925
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$277,835,429
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Assets. partnership/joint venture interests at end of year2011-12-31$14,673,372
Assets. partnership/joint venture interests at beginning of year2011-12-31$14,292,810
Investment advisory and management fees2011-12-31$1,115,234
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$46,141,201
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$43,001,582
Income. Interest from US Government securities2011-12-31$589,851
Income. Interest from corporate debt instruments2011-12-31$978,522
Value of interest in common/collective trusts at end of year2011-12-31$71,456,393
Value of interest in common/collective trusts at beginning of year2011-12-31$62,026,279
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$2,115,380
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$5,438,997
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$5,438,997
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$2,543
Asset value of US Government securities at end of year2011-12-31$14,283,032
Asset value of US Government securities at beginning of year2011-12-31$19,347,530
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$129,437
Net investment gain or loss from common/collective trusts2011-12-31$2,301,618
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
Contributions received in cash from employer2011-12-31$12,563,729
Employer contributions (assets) at end of year2011-12-31$1,168,487
Employer contributions (assets) at beginning of year2011-12-31$971,600
Income. Dividends from preferred stock2011-12-31$27,367
Income. Dividends from common stock2011-12-31$2,531,764
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$18,475,915
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$15,625,421
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$18,921,440
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$107,290,343
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$117,318,001
Liabilities. Value of benefit claims payable at end of year2011-12-31$54,484
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$594,363
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$325,852,787
Aggregate carrying amount (costs) on sale of assets2011-12-31$314,746,478
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31MSPC
Accountancy firm EIN2011-12-31222951202
2010 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$6,547,012
Total unrealized appreciation/depreciation of assets2010-12-31$6,547,012
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$4,135,818
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$5,028,270
Total income from all sources (including contributions)2010-12-31$42,349,854
Total loss/gain on sale of assets2010-12-31$12,985,353
Total of all expenses incurred2010-12-31$20,599,264
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$18,949,021
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$10,640,416
Value of total assets at end of year2010-12-31$281,971,247
Value of total assets at beginning of year2010-12-31$261,113,109
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,650,243
Total interest from all sources2010-12-31$1,909,191
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$2,551,897
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$713,794
Administrative expenses professional fees incurred2010-12-31$34,616
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$442,036
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$511,170
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$3,241,340
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$4,473,395
Other income not declared elsewhere2010-12-31$9,045
Administrative expenses (other) incurred2010-12-31$434,524
Liabilities. Value of operating payables at end of year2010-12-31$300,115
Liabilities. Value of operating payables at beginning of year2010-12-31$329,982
Total non interest bearing cash at end of year2010-12-31$210,972
Total non interest bearing cash at beginning of year2010-12-31$1,027,682
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$21,750,590
Value of net assets at end of year (total assets less liabilities)2010-12-31$277,835,429
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$256,084,839
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$14,292,810
Assets. partnership/joint venture interests at beginning of year2010-12-31$13,610,095
Investment advisory and management fees2010-12-31$1,181,103
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$43,001,582
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$23,655,674
Interest earned on other investments2010-12-31$587,117
Income. Interest from US Government securities2010-12-31$611,994
Income. Interest from corporate debt instruments2010-12-31$703,082
Value of interest in common/collective trusts at end of year2010-12-31$62,026,279
Value of interest in common/collective trusts at beginning of year2010-12-31$58,472,738
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$5,438,997
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$9,029,566
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$9,029,566
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$6,998
Asset value of US Government securities at end of year2010-12-31$19,347,530
Asset value of US Government securities at beginning of year2010-12-31$27,311,072
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$722,970
Net investment gain or loss from common/collective trusts2010-12-31$6,983,970
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$10,640,416
Employer contributions (assets) at end of year2010-12-31$971,600
Employer contributions (assets) at beginning of year2010-12-31$879,606
Income. Dividends from preferred stock2010-12-31$9,878
Income. Dividends from common stock2010-12-31$1,828,225
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$18,949,021
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$18,921,440
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$26,750,936
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$117,318,001
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$99,864,570
Liabilities. Value of benefit claims payable at end of year2010-12-31$594,363
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$224,893
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$332,724,644
Aggregate carrying amount (costs) on sale of assets2010-12-31$319,739,291
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31MSPC CERTIFIED PUBLIC ACCOUNTANTS
Accountancy firm EIN2010-12-31222951202
2009 : LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$11,952,006
Amount contributed by the employer to the plan for this plan year2009-12-31$11,952,006

Form 5500 Responses for LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST

2022: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2022 form 5500 responses
2022-01-01Type of plan entityMulti-employer plan
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2021 form 5500 responses
2021-01-01Type of plan entityMulti-employer plan
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2020 form 5500 responses
2020-01-01Type of plan entityMulti-employer plan
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2019 form 5500 responses
2019-01-01Type of plan entityMulti-employer plan
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2018 form 5500 responses
2018-01-01Type of plan entityMulti-employer plan
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entityMulti-employer plan
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entityMulti-employer plan
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entityMulti-employer plan
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entityMulti-employer plan
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entityMulti-employer plan
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entityMulti-employer plan
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entityMulti-employer plan
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2010 form 5500 responses
2010-01-01Type of plan entityMulti-employer plan
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LOCAL NO. 8 IBEW RETIREMENT PLAN & TRUST 2009 form 5500 responses
2009-01-01Type of plan entityMulti-employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number62327-1
Policy instance 1
Insurance contract or identification number62327-1
Number of Individuals Covered0
Insurance policy start date2022-01-01
Insurance policy end date2022-10-28
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number781000-01
Policy instance 2
Insurance contract or identification number781000-01
Number of Individuals Covered2826
Insurance policy start date2022-10-29
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 62327
Policy instance 1
Insurance contract or identification numberMR 62327
Number of Individuals Covered2665
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 62327
Policy instance 1
Insurance contract or identification numberMR 62327
Number of Individuals Covered2654
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 62327
Policy instance 1
Insurance contract or identification numberMR 62327
Number of Individuals Covered2550
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 62327
Policy instance 1
Insurance contract or identification numberMR 62327
Number of Individuals Covered2444
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 62327
Policy instance 1
Insurance contract or identification numberMR 62327
Number of Individuals Covered4553
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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