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Company:
H.B. Arrison of West Virginia

Plan:
H.B. Arrison of West Virginia Profit Sharing Plan
 

Plan Information
Plan Year 01/01/2010 — 12/31/2010
Effective Date of Plan 07/01/1989
Net Assets as of 12/31/2010 $6,225,618
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? Yes
Plan Funding Arrangement Trust
Plan Benefit Arrangement Trust

Participant Information as of 12/31/2010
Active (Eligible) Participants 151
Retired or separated participants receiving benefits 3
Other retired or separated participants entitled to future benefits 23
Subtotal 177
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Total 177
Total number of participants as of 01/01/2010 194
Number of participants with account balances 177
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Plan Sponsor Information
Address Po Box 7
Rt 250/92
Bartow, WV 24920 -0007
Telephone (304) 456-4597
EIN 55-0565588
Industry Code 321110
Named Administrator Barry Frazee

Plan Administrator Information
Administrator Name H. B. Arrison of West Virginia
Address Po Box 7
Bartow, WV 24920 -0007
Telephone (304) 456-4597
Administrator EIN 55-0565588

Audit Information
Audit Status Audited
Auditor Maloney & Associates, PLLC
Auditor EIN 55-0686264
Audit Opinion Unqualified
Audit Type Full Audit

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.
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 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 $500,000
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?