Civic Intelligence
Filing

STUDIO CITY CAMERA EXCHANGE, INC. DBPP

Studio City Camera Exchange Inc. • EIN 95-2802981 • Plan year 2006

Company ProfileSource Archive
Filing Insights

Participants

Down

9 → 0

-9 • -100.00%

Assets

Down

$410,014 → $0

-$410,014 • -100.00%

Investment Management Fee

-

Admin expenses - • Total expenses $412,314

Filing Details

Context
Net investment result
$-410,014
Pension payor EIN
95-2802981

Status Flags

Fidelity bond in place

Yes

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

Yes

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

Yes

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200620$0$0-
STUDIO CITY CAMERA EXCHANGE, INC. DBPPCurrent0---
Studio City Camera Exchange Inc. Profit Sharing Plan-0---
200529$509,873$14,012$1,557iApproximate average salary by contribution assumption: employee only about $38,922 at 4% or $25,948 at 6%; with 50% employer match about $25,948 at 4% or $17,299 at 6%; with 100% employer match about $19,461 at 4% or $12,974 at 6%.
STUDIO CITY CAMERA EXCHANGE, INC. DEF BEN PENS PLAN-9$410,014$14,012$1,557iApproximate average salary by contribution assumption: employee only about $38,922 at 4% or $25,948 at 6%; with 50% employer match about $25,948 at 4% or $17,299 at 6%; with 100% employer match about $19,461 at 4% or $12,974 at 6%.
Studio City Camera Exchange Inc. Profit Sharing Plan-0$99,859--
2004212$824,902$14,034$1,170iApproximate average salary by contribution assumption: employee only about $29,238 at 4% or $19,492 at 6%; with 50% employer match about $19,492 at 4% or $12,994 at 6%; with 100% employer match about $14,619 at 4% or $9,746 at 6%.
STUDIO CITY CAMERA EXCHANGE, INC. DEF BEN PENS PLAN-12$603,635$14,034$1,170iApproximate average salary by contribution assumption: employee only about $29,238 at 4% or $19,492 at 6%; with 50% employer match about $19,492 at 4% or $12,994 at 6%; with 100% employer match about $14,619 at 4% or $9,746 at 6%.
Studio City Camera Exchange Inc. Profit Sharing Plan-12$221,267--
2003212$582,094$20,766$1,731iApproximate average salary by contribution assumption: employee only about $43,263 at 4% or $28,842 at 6%; with 50% employer match about $28,842 at 4% or $19,228 at 6%; with 100% employer match about $21,631 at 4% or $14,421 at 6%.
STUDIO CITY CAMERA EXCHANGE, INC. DEFINED BENEFIT PENSION PLAN-12$582,094$20,766$1,731iApproximate average salary by contribution assumption: employee only about $43,263 at 4% or $28,842 at 6%; with 50% employer match about $28,842 at 4% or $19,228 at 6%; with 100% employer match about $21,631 at 4% or $14,421 at 6%.
Studio City Camera Exchange Inc. Profit Sharing Plan-12---
2002210$757,678$43,622$4,362iApproximate average salary by contribution assumption: employee only about $109,055 at 4% or $72,703 at 6%; with 50% employer match about $72,703 at 4% or $48,469 at 6%; with 100% employer match about $54,528 at 4% or $36,352 at 6%.
STUDIO CITY CAMERA EXCHANGE, INC. DEFINED BENEFIT PENSION PLAN-10$540,087$43,622$4,362iApproximate average salary by contribution assumption: employee only about $109,055 at 4% or $72,703 at 6%; with 50% employer match about $72,703 at 4% or $48,469 at 6%; with 100% employer match about $54,528 at 4% or $36,352 at 6%.
Studio City Camera Exchange Inc. Profit Sharing Plan-10$217,591--
200129$766,405$0-
STUDIO CITY CAMERA EXCHANGE, INC. DEFINED BENEFIT PENSION PLAN-9$543,633--
Studio City Camera Exchange Inc. Profit Sharing Plan-9$222,772--
2000211$880,440$6,094$554iApproximate average salary by contribution assumption: employee only about $13,850 at 4% or $9,233 at 6%; with 50% employer match about $9,233 at 4% or $6,156 at 6%; with 100% employer match about $6,925 at 4% or $4,617 at 6%.
STUDIO CITY CAMERA EXCHANGE, INC. DEFINED BENEFIT PENSION PLAN-11$605,625$6,094$554iApproximate average salary by contribution assumption: employee only about $13,850 at 4% or $9,233 at 6%; with 50% employer match about $9,233 at 4% or $6,156 at 6%; with 100% employer match about $6,925 at 4% or $4,617 at 6%.
Studio City Camera Exchange Inc. Profit Sharing Plan-11$274,815--
1999112$292,716$0-
Studio City Camera Exchange Inc. Profit Sharing Plan-12$292,716--
Schedule Details

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$0-$410,014 change

Balance Sheet

Beginning and end of plan year.

Total assets$410,014$0Decrease -$410,014 (-100.00%)
Total liabilities$0$0No change $0
Net assets$410,014$0Decrease -$410,014 (-100.00%)

Contributions

Employer contributions$0
Participant contributions$0
Other contributions$0

Income & Expenses

Total income$2,300
Total expenses$412,314
Net income$-410,014
Source fields
Schedule I source fields
Filing Id
84037183473277
Schedule I EIN
95-2802981
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2006-01-01
Schedule I Tax Period
20061231
Small plan total assets at beginning of year
$410,014
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$410,014
Small plan total assets at end of year
$0
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$0
Small plan employer contributions
$0
Small plan participant contributions
$0
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$2,300
Small plan total income
$2,300
Small plan total benefit distributions
$412,219
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$95
Small plan total expenses
$412,314
Small plan net income or loss
$-410,014
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
No
Small Mortg Participants End of year Amount
$0
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
Yes
Small plan fidelity bond amount
$100,000
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
Yes
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
Yes
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 EIN95-2802981

Transfers

Distributed property value$0
Schedule R source fields
Payor 95-2802981
Filing Id
84037183473277
Schedule R EIN
95-2802981
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2006-01-01
Schedule R Tax Period
20061231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
95-2802981
Pension Bnft Distribution Sngl Sum Count
6
Pension Elec Satisfy Code 412 Indicator
No
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Pension Chg Fndng Method Indicator
3
Pension Amdmt Incr Valuation Bnft Indicator
3
Pension Satisfy Cover Basis Code
1
STUDIO CITY CAMERA EXCHANGE, INC. DBPP | Studio City Camera Exchange Inc. | Plan 001 | 2006 Form 5500 Filing