Civic Intelligence
Filing

Masterwork Studios Inc. 401K Plan

Masterwork Studios Inc. • EIN 59-1522397 • Plan year 2001

Company ProfileSource Archive
Filing Insights

Participants

Down

30 → 21

-9 • -30.00%

Assets

Up

$41,272 → $61,340

$20,068 • 48.62%

Investment Management Fee

-

Admin expenses - • Total expenses $11,310

Filing Details

Context
Net investment result
$20,068
Pension payor EIN
22-3473431

Status Flags

Fidelity bond in place

No

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200614$103,414$8,583$2,146iApproximate average salary by contribution assumption: employee only about $53,644 at 4% or $35,763 at 6%; with 50% employer match about $35,763 at 4% or $23,842 at 6%; with 100% employer match about $26,822 at 4% or $17,881 at 6%.
Masterwork Studios Inc. 401K Plan-4$103,414$8,583$2,146iApproximate average salary by contribution assumption: employee only about $53,644 at 4% or $35,763 at 6%; with 50% employer match about $35,763 at 4% or $23,842 at 6%; with 100% employer match about $26,822 at 4% or $17,881 at 6%.
200514$146,295$17,149$4,287iApproximate average salary by contribution assumption: employee only about $107,181 at 4% or $71,454 at 6%; with 50% employer match about $71,454 at 4% or $47,636 at 6%; with 100% employer match about $53,591 at 4% or $35,727 at 6%.
Masterwork Studios Inc. 401K Plan-4$146,295$17,149$4,287iApproximate average salary by contribution assumption: employee only about $107,181 at 4% or $71,454 at 6%; with 50% employer match about $71,454 at 4% or $47,636 at 6%; with 100% employer match about $53,591 at 4% or $35,727 at 6%.
200417$120,786$22,390$3,199iApproximate average salary by contribution assumption: employee only about $79,964 at 4% or $53,310 at 6%; with 50% employer match about $53,310 at 4% or $35,540 at 6%; with 100% employer match about $39,982 at 4% or $26,655 at 6%.
Masterwork Studios Inc. 401K Plan-7$120,786$22,390$3,199iApproximate average salary by contribution assumption: employee only about $79,964 at 4% or $53,310 at 6%; with 50% employer match about $53,310 at 4% or $35,540 at 6%; with 100% employer match about $39,982 at 4% or $26,655 at 6%.
2003124$102,516$26,903$1,121iApproximate average salary by contribution assumption: employee only about $28,024 at 4% or $18,683 at 6%; with 50% employer match about $18,683 at 4% or $12,455 at 6%; with 100% employer match about $14,012 at 4% or $9,341 at 6%.
Masterwork Studios Inc. 401K Plan-24$102,516$26,903$1,121iApproximate average salary by contribution assumption: employee only about $28,024 at 4% or $18,683 at 6%; with 50% employer match about $18,683 at 4% or $12,455 at 6%; with 100% employer match about $14,012 at 4% or $9,341 at 6%.
2002124$60,111$27,775$1,157iApproximate average salary by contribution assumption: employee only about $28,932 at 4% or $19,288 at 6%; with 50% employer match about $19,288 at 4% or $12,859 at 6%; with 100% employer match about $14,466 at 4% or $9,644 at 6%.
Masterwork Studios Inc. 401K Plan-24$60,111$27,775$1,157iApproximate average salary by contribution assumption: employee only about $28,932 at 4% or $19,288 at 6%; with 50% employer match about $19,288 at 4% or $12,859 at 6%; with 100% employer match about $14,466 at 4% or $9,644 at 6%.
2001121$61,340$40,499$1,929iApproximate average salary by contribution assumption: employee only about $48,213 at 4% or $32,142 at 6%; with 50% employer match about $32,142 at 4% or $21,428 at 6%; with 100% employer match about $24,107 at 4% or $16,071 at 6%.
Masterwork Studios Inc. 401K PlanCurrent21$61,340$40,499$1,929iApproximate average salary by contribution assumption: employee only about $48,213 at 4% or $32,142 at 6%; with 50% employer match about $32,142 at 4% or $21,428 at 6%; with 100% employer match about $24,107 at 4% or $16,071 at 6%.
2000127$41,272$30,959$1,147iApproximate average salary by contribution assumption: employee only about $28,666 at 4% or $19,110 at 6%; with 50% employer match about $19,110 at 4% or $12,740 at 6%; with 100% employer match about $14,333 at 4% or $9,555 at 6%.
Masterwork Studios Inc. 401K Plan-27$41,272$30,959$1,147iApproximate average salary by contribution assumption: employee only about $28,666 at 4% or $19,110 at 6%; with 50% employer match about $19,110 at 4% or $12,740 at 6%; with 100% employer match about $14,333 at 4% or $9,555 at 6%.
1999116$17,407$15,527$970iApproximate average salary by contribution assumption: employee only about $24,261 at 4% or $16,174 at 6%; with 50% employer match about $16,174 at 4% or $10,783 at 6%; with 100% employer match about $12,130 at 4% or $8,087 at 6%.
Masterwork Studios Inc. 401K Plan-16$17,407$15,527$970iApproximate average salary by contribution assumption: employee only about $24,261 at 4% or $16,174 at 6%; with 50% employer match about $16,174 at 4% or $10,783 at 6%; with 100% employer match about $12,130 at 4% or $8,087 at 6%.
Schedule Details

Schedule A

Row 1
Filing Id
84037350589302
Form Id
23670767
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
1020372350589050002
Ins Broker 01 Name
SBHU LIFE AGENCY, INC.
Ins Broker 01 Street Addr
388 GREENWICH STREET
Ins Broker 01 City
NEW YORK
Ins Broker 01 State
NY
Ins Broker 01 ZIP Code
10013
Ins Broker Comm Pd 01 Amount
$520
Ins Broker Fees Pd 01 Amount
$0
Ins Broker 01 Code
4
Row 2
Ins Carrier Name: THE TRAVELERS INSURANCE COMPANY
Filing Id
84037350589302
Form Id
23670767
Schedule A EIN
59-1522397
Schedule A Plan Num
001
Schedule A Plan Year Begin Date
2001-01-01
Schedule A Tax Period
20011231
Ins Carrier Name
THE TRAVELERS INSURANCE COMPANY
Ins Carrier EIN
06-0566090
Ins Carrier Naic Code
87726
Ins Contract Num
928770
Ins Prsn Covered End of year Count
14
Ins Policy From Date
2001-01-01
Ins Policy To Date
2001-12-31
Ins Broker Comm Total Amount
$520
Ins Broker Fees Total Amount
$0
Pension End of year Gen Account Amount
$0
Pension End of year Sep Account Amount
$59,586
Pension Prem Paid Total Amount
$0
Pension Unpaid Premium Amount
$0
Pension Contract Cost Amount
$0
Pnsn Type Unalloc Cntrct I
3
Pension End Prev Bal Amount
$0
Pension Contribution Dep Amount
$0
Pension Divnd Cr Dep Amount
$0
Pension Interest Cr Dur Yr Amount
$0
Pension Transfer From Amount
$0
Pension Other Amount
$0
Pension Total Additions Amount
$0
Pension Total Bal Addn Amount
$0
Pension Bnfts Dsbrsd Amount
$0
Pension Admin Chrg Amount
$0
Pension Transfer To Amount
$0
Pension Oth Ded Amount
$0
Pension Total Ded Amount
$0
Pension End of year Bal Amount
$0
Wlfr Premium Rcvd Amount
$0
Wlfr Unpaid Due Amount
$0
Wlfr Reserve Amount
$0
Wlfr Total Earned Prem Amount
$0
Wlfr Claims Paid Amount
$0
Wlfr Incr Reserve Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Claims Chrgd Amount
$0
Wlfr Ret Commissions Amount
$0
Wlfr Ret Admin Amount
$0
Wlfr Ret Oth Cost Amount
$0
Wlfr Ret Oth Expense Amount
$0
Wlfr Ret Taxes Amount
$0
Wlfr Ret Charges Amount
$0
Wlfr Ret Oth Chrgs Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Amount
$0
Wlfr Held Bnfts Amount
$0
Wlfr Claims Reserve Amount
$0
Wlfr Oth Reserve Amount
$0
Wlfr Divnds Due Amount
$0
Wlfr Total Charges Paid Amount
$0
Wlfr Acquis Cost Amount
$0

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$61,340$20,068 change

Balance Sheet

Beginning and end of plan year.

Total assets$41,272$61,340Increase +$20,068 (48.62%)
Total liabilities$0$0No change $0
Net assets$41,272$61,340Increase +$20,068 (48.62%)

Contributions

Employer contributions$8,586
Participant contributions$31,913
Other contributions$0

Income & Expenses

Total income$31,378
Total expenses$11,310
Net income$20,068
Source fields
Schedule I source fields
Filing Id
84037350589302
Schedule I EIN
59-1522397
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2001-01-01
Schedule I Tax Period
20011231
Small plan total assets at beginning of year
$41,272
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$41,272
Small plan total assets at end of year
$61,340
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$61,340
Small plan employer contributions
$8,586
Small plan participant contributions
$31,913
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-9,121
Small plan total income
$31,378
Small plan total benefit distributions
$8,180
Small Corrective Distribution Amount
$2,615
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$515
Small plan total expenses
$11,310
Small plan net income or loss
$20,068
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$1,773
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
No
Small plan fidelity bond amount
$0
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN22-3473431

Transfers

Distributed property value$0
Schedule R source fields
Payor 22-3473431
Filing Id
84037350589302
Schedule R EIN
59-1522397
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2001-01-01
Schedule R Tax Period
20011231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
22-3473431
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0