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   Basic Info (Short Form)

Company:
Access Plans USA By and Through its Operating Subsidiaries

Plan:
Access Plans USA 401k Plan
 

Plan Information
Plan Year 01/01/2010 — 12/31/2010
Effective Date of Plan 01/01/2004
Net Assets as of 12/31/2010 $1,571,452
Plan Number 1
Plan Type Single Employer
Did the plan file for an extension of time or the DFVC Program? No

Participant Information as of 12/31/2010
Total 94
Total number of participants as of 01/01/2010 34
Number of participants with account balances 65

Financial Information as of 12/31/2010
Total Assets (EOY) $1,571,452
Total Liabilities (EOY) $0
Net Assets (EOY) $1,571,452
Financial Information as of 01/01/2010
Total Assets (BOY) $802,363
Total Liabilities (BOY) $0
Net Assets (BOY) $802,363
Income
Cash from Employers $50,219
Cash from Participants $135,205
Others (including rollovers) $0
Other Income $114,210
Total Income $299,634
Net Income $253,246
Expenses
Total Benefit Payments $39,545
Corrective Distributions $6,843
Administrative Service Providers $0
Other Expenses $0
Total Expenses $46,388
Total Transfers $515,843
Plan Sponsor Information
Address 900 36th Ave NW Suite 105
Norman, OK 73072
Telephone (405) 579-8525
EIN 73-1494382
Industry Code 524290
Named Administrator Brett Wimberley

Plan Administrator Information
Administrator Name Access Plans, Inc
Address 900 36th Ave NW Suite 105
Norman, OK 73072
Telephone (405) 579-8525
Administrator EIN 73-1494382

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.
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.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

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 $81,000
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?