Home   >   Racemark International, LP Retirement Plan  >  Form 5500
   Basic Info (Short Form)

Company:
Racemark International, LP

Plan:
Racemark International, LP Retirement Plan
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Form 5500 | Basic Information
Plan Information
Plan Year 08/01/2009 — 07/31/2010
Effective Date of Plan 07/31/1985
Net Assets as of 07/31/2010 $5,800,503
Plan Number 1
Plan Type Single Employer
Did the plan file for an extension of time or the DFVC Program? Yes
Report Description This is an amended report.

Participant Information as of 07/31/2010
Total 53
Total number of participants as of 08/01/2009 96
Number of participants with account balances 50

Financial Information as of 07/31/2010
Total Assets (EOY) $5,811,723
Total Liabilities (EOY) $11,220
Net Assets (EOY) $5,800,503
Financial Information as of 08/01/2009
Total Assets (BOY) $5,807,551
Total Liabilities (BOY) $5,930
Net Assets (BOY) $5,801,621
Income
Cash from Employers $0
Cash from Participants $19,334
Others (including rollovers) $0
Other Income $897,840
Total Income $917,174
Net Income $-1,118
Expenses
Total Benefit Payments $909,683
Corrective Distributions $0
Administrative Service Providers $2,988
Other Expenses $5,621
Total Expenses $918,292
Total Transfers $0
Plan Sponsor Information
Address 1711 Highway 41 S.
Calhoun, GA 30701
Telephone (518) 899-6611
EIN 14-1539486
Industry Code 336300
Named Administrator Cannon Bailey

Plan Administrator Information
Administrator Name Racemark International, Lp
Address 1711 Highway 41 S.
Calhoun, GA 30701
Telephone (518) 899-6611
Administrator EIN 14-1539486

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.
2H Partial participant-directed account plan Participants have the opportunity to direct the investment of a portion of 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.

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? No