TRUSTEES OF NECA-IBEW 1579 ANCILLARY HEALTH BENEFIT FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NECA-IBEW 1579 ANCILLARY HEALTH BENEFIT FUND
| Measure | Date | Value |
|---|
| 2023 : NECA-IBEW 1579 ANCILLARY HEALTH BENEFIT FUND 2023 401k financial data |
|---|
| Total transfer of assets from this plan | 2023-09-30 | $279,659 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-09-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-09-30 | $6,897 |
| Total income from all sources (including contributions) | 2023-09-30 | $3,198 |
| Total of all expenses incurred | 2023-09-30 | $64,180 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-09-30 | $27,430 |
| Value of total assets at end of year | 2023-09-30 | $0 |
| Value of total assets at beginning of year | 2023-09-30 | $347,538 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-09-30 | $36,750 |
| Total interest from all sources | 2023-09-30 | $3,198 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-09-30 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-09-30 | $0 |
| Administrative expenses professional fees incurred | 2023-09-30 | $10,000 |
| Was this plan covered by a fidelity bond | 2023-09-30 | Yes |
| Value of fidelity bond cover | 2023-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-09-30 | No |
| Administrative expenses (other) incurred | 2023-09-30 | $1,113 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-09-30 | No |
| Value of net income/loss | 2023-09-30 | $-60,982 |
| Value of net assets at end of year (total assets less liabilities) | 2023-09-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-09-30 | $340,641 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-09-30 | No |
| Interest earned on other investments | 2023-09-30 | $2,476 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-09-30 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-09-30 | $91,266 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-09-30 | $91,266 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-09-30 | $722 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-09-30 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-09-30 | $256,272 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-09-30 | $27,430 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-09-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-09-30 | No |
| Contract administrator fees | 2023-09-30 | $25,637 |
| Liabilities. Value of benefit claims payable at end of year | 2023-09-30 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-09-30 | $6,897 |
| Did the plan have assets held for investment | 2023-09-30 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-09-30 | Unqualified |
| Accountancy firm name | 2023-09-30 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2023-09-30 | 320043599 |
| 2022 : NECA-IBEW 1579 ANCILLARY HEALTH BENEFIT FUND 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-09-30 | $6,897 |
| Total income from all sources (including contributions) | 2022-09-30 | $2,973 |
| Total of all expenses incurred | 2022-09-30 | $122,710 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-09-30 | $86,095 |
| Value of total assets at end of year | 2022-09-30 | $347,538 |
| Value of total assets at beginning of year | 2022-09-30 | $460,378 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-09-30 | $36,615 |
| Total interest from all sources | 2022-09-30 | $2,973 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-09-30 | No |
| Administrative expenses professional fees incurred | 2022-09-30 | $10,350 |
| Was this plan covered by a fidelity bond | 2022-09-30 | Yes |
| Value of fidelity bond cover | 2022-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-09-30 | No |
| Administrative expenses (other) incurred | 2022-09-30 | $1,495 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-09-30 | No |
| Value of net income/loss | 2022-09-30 | $-119,737 |
| Value of net assets at end of year (total assets less liabilities) | 2022-09-30 | $340,641 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-09-30 | $460,378 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-09-30 | No |
| Interest earned on other investments | 2022-09-30 | $2,914 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-09-30 | $91,266 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-09-30 | $207,019 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-09-30 | $207,019 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-09-30 | $59 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-09-30 | $256,272 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-09-30 | $253,359 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-09-30 | $86,095 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-09-30 | No |
| Contract administrator fees | 2022-09-30 | $24,770 |
| Liabilities. Value of benefit claims payable at end of year | 2022-09-30 | $6,897 |
| Did the plan have assets held for investment | 2022-09-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-09-30 | Unqualified |
| Accountancy firm name | 2022-09-30 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2022-09-30 | 320043599 |
| 2021 : NECA-IBEW 1579 ANCILLARY HEALTH BENEFIT FUND 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-09-30 | $2,910 |
| Total of all expenses incurred | 2021-09-30 | $130,573 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-09-30 | $85,448 |
| Value of total assets at end of year | 2021-09-30 | $460,378 |
| Value of total assets at beginning of year | 2021-09-30 | $588,041 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-09-30 | $45,125 |
| Total interest from all sources | 2021-09-30 | $2,910 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-09-30 | No |
| Administrative expenses professional fees incurred | 2021-09-30 | $13,350 |
| Was this plan covered by a fidelity bond | 2021-09-30 | Yes |
| Value of fidelity bond cover | 2021-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-09-30 | No |
| Administrative expenses (other) incurred | 2021-09-30 | $7,775 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-09-30 | No |
| Value of net income/loss | 2021-09-30 | $-127,663 |
| Value of net assets at end of year (total assets less liabilities) | 2021-09-30 | $460,378 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-09-30 | $588,041 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-09-30 | No |
| Interest earned on other investments | 2021-09-30 | $2,881 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-09-30 | $207,019 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-09-30 | $337,563 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-09-30 | $337,563 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-09-30 | $29 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-09-30 | $253,359 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-09-30 | $250,478 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-09-30 | $85,448 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-09-30 | No |
| Contract administrator fees | 2021-09-30 | $24,000 |
| Did the plan have assets held for investment | 2021-09-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-09-30 | Unqualified |
| Accountancy firm name | 2021-09-30 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2021-09-30 | 320043599 |
| 2020 : NECA-IBEW 1579 ANCILLARY HEALTH BENEFIT FUND 2020 401k financial data |
|---|
| Total transfer of assets to this plan | 2020-09-30 | $649,898 |
| Total income from all sources (including contributions) | 2020-09-30 | $486 |
| Total of all expenses incurred | 2020-09-30 | $62,343 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-09-30 | $44,273 |
| Value of total assets at end of year | 2020-09-30 | $588,041 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-09-30 | $18,070 |
| Total interest from all sources | 2020-09-30 | $486 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-09-30 | No |
| Administrative expenses professional fees incurred | 2020-09-30 | $700 |
| Was this plan covered by a fidelity bond | 2020-09-30 | Yes |
| Value of fidelity bond cover | 2020-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-09-30 | No |
| Administrative expenses (other) incurred | 2020-09-30 | $370 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-09-30 | No |
| Value of net income/loss | 2020-09-30 | $-61,857 |
| Value of net assets at end of year (total assets less liabilities) | 2020-09-30 | $588,041 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-09-30 | No |
| Interest earned on other investments | 2020-09-30 | $478 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-09-30 | $337,563 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-09-30 | $8 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-09-30 | $250,478 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-09-30 | $44,273 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-09-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-09-30 | No |
| Contract administrator fees | 2020-09-30 | $17,000 |
| Did the plan have assets held for investment | 2020-09-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-09-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-09-30 | Unqualified |
| Accountancy firm name | 2020-09-30 | LEGACY PROFESSIONALS LLP |
| Accountancy firm EIN | 2020-09-30 | 320043599 |
