Home   >   Lanford Brothers Company, Inc. Employee Stock Ownership Plan  >  Form 5500
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Company:
Lanford Bros. Co, Inc.

Plan:
Lanford Brothers Company, Inc. Employee Stock Ownership Plan
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Plan Information
Plan Year 04/01/2010 — 03/31/2011
Effective Date of Plan 12/29/1970
Net Assets as of 03/31/2011 $19,032,391
Plan Number 1
Plan Type Single Employer
Is the plan collectively bargained? No
Did the plan file for an extension of time or the DFVC Program? No
Plan Funding Arrangement Trust
Plan Benefit Arrangement Trust

Participant Information as of 03/31/2011
Active (Eligible) Participants 192
Retired or separated participants receiving benefits 3
Other retired or separated participants entitled to future benefits 32
Subtotal 227
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Total 227
Total number of participants as of 04/01/2010 226
Number of participants with account balances 222
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 20

Plan Sponsor Information
Address P.O. Box 7330
Roanoke, VA 24019
Telephone (540) 992-2140
EIN 54-0676748
Industry Code 237310
Named Administrator Marjorie Cundiff
Named Plan Sponsor Marjorie Cundiff

Plan Administrator Information
Administrator Name Lanford Brothers Company, Inc. ESOP Adm Comm
Address P. O. Box 7330
Roanoke, VA 24019 -0330
Telephone (540) 992-2140
Administrator EIN 54-6104154

Audit Information
Audit Status Audited
Auditor Brown, Edwards & Company, LLP
Auditor EIN 54-0504608
Audit Opinion Unqualified
Audit Type Full Audit

Benefits Provided Under the Plan
Code Benefit Description
2I Stock bonus A stock bonus plan is a type of profit-sharing by which a corporation uses its own stock to make contributions and distributions.
2P Leveraged ESOP An Employee Stock Ownership Plan (ESOP) that acquires employer securities with borrowed money or other debt-financing techniques.
2Q S Corporation ESOP The employer maintaining this Employee Stock Ownership Plan (ESOP) is an S Corporation.

  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 any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No  
3. Were any leases to which the plan was a party in default or classified during the year as uncollectible? No  
4. Were there any nonexempt transactions with any party-in-interest? No  
5. Was this plan covered by a fidelity bond? Yes $2,000,000
6. Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No  
7. Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No  
8. Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No  
9. Did the plan have assets held for investment? Yes  
10. Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No  
11. Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No  
12. Has the plan failed to provide any benefit when due under the plan? No  
13. If this is an individual account plan, was there a blackout period? No  
14. 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