401k Plan data: MORTGAGES LTD. 401K PLAN plan

MORTGAGES LTD. 401K PLAN 401k Plan overview

Plan Name	MORTGAGES LTD. 401K PLAN
Plan identification number	002

MORTGAGES LTD. 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
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.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MORTGAGES LTD. has sponsored the creation of one or more 401k plans.

Company Name: MORTGAGES LTD.

Employer identification number (EIN): 860196199

NAIC Classification: 531390
NAIC Description: Other Activities Related to Real Estate

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORTGAGES LTD. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2011-01-01 RYAN WALTER
002 2009-01-01 RYAN WALTER
002 2009-01-01 RYAN WALTER

Plan id#	Filing Submission Date	Name of Administrator
002	2011-01-01	RYAN WALTER
002	2009-01-01	RYAN WALTER
002	2009-01-01	RYAN WALTER

Plan Statistics for MORTGAGES LTD. 401K PLAN

401k plan membership statisitcs for MORTGAGES LTD. 401K PLAN

Measure Date Value
2011: MORTGAGES LTD. 401K PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 86
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 86
Total of all active and inactive participants 2011-01-01 86
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 86
Number of participants with account balances 2011-01-01 86
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: MORTGAGES LTD. 401K PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 86
Number of other retired or separated participants entitled to future benefits 2009-01-01 85
Total of all active and inactive participants 2009-01-01 85
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 86
Number of participants with account balances 2009-01-01 86

Measure	Date	Value
2011: MORTGAGES LTD. 401K PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	86
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	86
Total of all active and inactive participants	2011-01-01	86
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	86
Number of participants with account balances	2011-01-01	86
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: MORTGAGES LTD. 401K PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	86
Number of other retired or separated participants entitled to future benefits	2009-01-01	85
Total of all active and inactive participants	2009-01-01	85
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	86
Number of participants with account balances	2009-01-01	86

Financial Data on MORTGAGES LTD. 401K PLAN

Measure	Date	Value
2011 : MORTGAGES LTD. 401K PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$225,977
Total plan liabilities at beginning of year	2011-12-31	$213,737
Total income from all sources	2011-12-31	$-20,673
Expenses. Total of all expenses incurred	2011-12-31	$349,711
Benefits paid (including direct rollovers)	2011-12-31	$17,369
Total plan assets at end of year	2011-12-31	$7,262,523
Total plan assets at beginning of year	2011-12-31	$7,620,667
Expenses. Other expenses not covered elsewhere	2011-12-31	$308,342
Other income received	2011-12-31	$-20,673
Net income (gross income less expenses)	2011-12-31	$-370,384
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$7,036,546
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$7,406,930
Assets. Value of assets in partnership/joint-venture interests	2011-12-31	$349,197
Assets. Value of real-estate (other than employer real property)	2011-12-31	$4,648,657
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$332,342
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : MORTGAGES LTD. 401K PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$162,411
Total plan liabilities at beginning of year	2010-12-31	$80,357
Total income from all sources	2010-12-31	$-2,536,916
Expenses. Total of all expenses incurred	2010-12-31	$260,737
Benefits paid (including direct rollovers)	2010-12-31	$64,475
Total plan assets at end of year	2010-12-31	$5,482,716
Total plan assets at beginning of year	2010-12-31	$8,198,315
Assets. Value of loans (other than to participants)	2010-12-31	$1,619,072
Expenses. Other expenses not covered elsewhere	2010-12-31	$172,262
Other income received	2010-12-31	$-2,536,916
Net income (gross income less expenses)	2010-12-31	$-2,797,653
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$5,320,305
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$8,117,958
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2010-12-31	$1,619,072
Assets. Value of real-estate (other than employer real property)	2010-12-31	$3,684,862
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$24,000

Form 5500 Responses for MORTGAGES LTD. 401K PLAN

2011: MORTGAGES LTD. 401K PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: MORTGAGES LTD. 401K PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

MORTGAGES LTD. 401(K) PLAN [EIN = 300582065]

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Company Name:	MORTGAGES LTD.
Employer identification number (EIN):	860196199
NAIC Classification:	531390
NAIC Description:	Other Activities Related to Real Estate