GA PHARMACY ASSOC. INSURANCE TRUST has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GEORGIA PHARMACY ASSOCIATION INSURANCE TRUST
| Measure | Date | Value |
|---|
| 2011 : GEORGIA PHARMACY ASSOCIATION INSURANCE TRUST 2011 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $268,595 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $1,940,927 |
| Total income from all sources (including contributions) | 2011-12-31 | $5,552,875 |
| Total of all expenses incurred | 2011-12-31 | $6,105,928 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $5,706,338 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $5,473,757 |
| Value of total assets at end of year | 2011-12-31 | $141,912 |
| Value of total assets at beginning of year | 2011-12-31 | $2,367,297 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $399,590 |
| Total interest from all sources | 2011-12-31 | $9,523 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | Yes |
| Administrative expenses professional fees incurred | 2011-12-31 | $106,407 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Participant contributions at end of year | 2011-12-31 | $0 |
| Participant contributions at beginning of year | 2011-12-31 | $62,390 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $-831,101 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $17,174 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $184,550 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $186,692 |
| Other income not declared elsewhere | 2011-12-31 | $69,595 |
| Administrative expenses (other) incurred | 2011-12-31 | $37,729 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $188,114 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $377,425 |
| Total non interest bearing cash at end of year | 2011-12-31 | $6,152 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $5,381 |
| Value of net income/loss | 2011-12-31 | $-553,053 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $-126,683 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $426,370 |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $118,586 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $2,114,976 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $2,114,976 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $9,523 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $895,579 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $5,473,757 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $5,641,860 |
| Contract administrator fees | 2011-12-31 | $255,454 |
| Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $80,481 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $1,376,810 |
| Did the plan have assets held for investment | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Qualified |
| Accountancy firm name | 2011-12-31 | JONES AND KOLB, CPA |
| Accountancy firm EIN | 2011-12-31 | 581793570 |
| 2010 : GEORGIA PHARMACY ASSOCIATION INSURANCE TRUST 2010 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $1,940,927 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $891,640 |
| Total income from all sources (including contributions) | 2010-12-31 | $6,370,895 |
| Total of all expenses incurred | 2010-12-31 | $7,943,830 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $7,357,369 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $6,270,073 |
| Value of total assets at end of year | 2010-12-31 | $2,367,297 |
| Value of total assets at beginning of year | 2010-12-31 | $2,882,414 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $586,461 |
| Total interest from all sources | 2010-12-31 | $45,742 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $143,810 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Participant contributions at end of year | 2010-12-31 | $62,390 |
| Participant contributions at beginning of year | 2010-12-31 | $30,229 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $-1,215,212 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $184,550 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $103,908 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $186,692 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $183,686 |
| Other income not declared elsewhere | 2010-12-31 | $55,080 |
| Administrative expenses (other) incurred | 2010-12-31 | $48,776 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $377,425 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $87,124 |
| Total non interest bearing cash at end of year | 2010-12-31 | $5,381 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $-252,839 |
| Value of net income/loss | 2010-12-31 | $-1,572,935 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $426,370 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,990,774 |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $2,114,976 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $3,001,116 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $3,001,116 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $45,742 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $1,095,974 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $6,270,073 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $7,476,607 |
| Contract administrator fees | 2010-12-31 | $393,875 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $1,376,810 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $620,830 |
| Did the plan have assets held for investment | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Qualified |
| Accountancy firm name | 2010-12-31 | JONES AND KOLB, CPA |
| Accountancy firm EIN | 2010-12-31 | 581793570 |
