Home   >   ABS Graphics, Inc. 401k Plan  >  Form 5500
   Basic Info (Short Form)

Company:
ABS Graphics, Inc.

Plan:
ABS Graphics, Inc. 401k Plan
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Plan Information
Plan Year 01/01/2010 — 12/31/2010
Effective Date of Plan 10/01/1984
Net Assets as of 12/31/2010 $5,434,180
Plan Number 1
Plan Type Single Employer
Did the plan file for an extension of time or the DFVC Program? Yes

Participant Information as of 12/31/2010
Total 98
Total number of participants as of 01/01/2010 118
Number of participants with account balances 80

Financial Information as of 12/31/2010
Total Assets (EOY) $5,434,180
Total Liabilities (EOY) $0
Net Assets (EOY) $5,434,180
Financial Information as of 01/01/2010
Total Assets (BOY) $5,104,750
Total Liabilities (BOY) $0
Net Assets (BOY) $5,104,750
Income
Cash from Employers $0
Cash from Participants $215,355
Others (including rollovers) $0
Other Income $619,572
Total Income $834,927
Net Income $329,430
Expenses
Total Benefit Payments $501,566
Corrective Distributions $3,036
Administrative Service Providers $895
Other Expenses $0
Total Expenses $505,497
Total Transfers $0
Plan Sponsor Information
Address 901 South Rohlwing Road
Addison, IL 60101
Telephone (630) 613-2471
EIN 36-3161107
Industry Code 323100
Named Administrator Maggie Adames
Named Plan Sponsor Maggie Adames

Plan Administrator Information
Administrator Name Abs Graphics, Inc
Address 901 South Rohlwing Road
Addison, IL 60101
Telephone (630) 613-2471
Administrator EIN 36-3161107

Benefits Provided Under the Plan
Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J 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.
2K 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 contributions 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.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D 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.

Question   Answer Amount
1. During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No  
2. Were there any nonexempt transactions with any party-in-interest? No  
3. Was this plan covered by a fidelity bond? Yes $500,000
4. Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No  
5. Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No  
6. Has the plan failed to provide any benefit when due under the plan? No  
7. If this is an individual account plan, was there a blackout period? No  
8. If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3?