Home   >   R. G. Gunnoe Farms LLC 401K Profit Sharing Plan  >  Form 5500
   Basic Info (Short Form)

Company:
R. G. Gunnoe Farms, LLC

Plan:
R. G. Gunnoe Farms LLC 401K Profit Sharing Plan
 
Form 5500 | Basic Information
Plan Information
Plan Year 01/01/2013 — 12/31/2013
Effective Date of Plan 05/15/1985
Net Assets as of 12/31/2013 $685,001
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 12/31/2013
Total 21
Total number of participants as of 01/01/2013 25
Number of participants with account balances 17

Financial Information as of 12/31/2013
Total Assets (EOY) $685,001
Total Liabilities (EOY) $0
Net Assets (EOY) $685,001
Financial Information as of 01/01/2013
Total Assets (BOY) $620,511
Total Liabilities (BOY) $0
Net Assets (BOY) $620,511
Income
Cash from Employers $0
Cash from Participants $9,489
Others (including rollovers) $0
Other Income $104,199
Total Income $113,688
Net Income $64,490
Expenses
Total Benefit Payments $49,198
Corrective Distributions $0
Administrative Service Providers $0
Other Expenses $0
Total Expenses $49,198
Total Transfers $0
Plan Sponsor Information
Address 2114 Oak Ridge Drive
Charleston, WV 25311
Telephone (304) 343-7686
EIN 55-0751732
Industry Code 311610
Named Administrator Joy Gunnoe

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.
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.
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 $150,000
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?