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FORM 5500 DATA

Eagle Mountain Casino 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/2008
  • Net Assets as of 12/31/2019 $10,928,377
  • Plan Number1
  • 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 ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants454
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits422
  • Subtotal876
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total876
  • Total number of participants as of 01/01/2019883
  • Number of participants with account balances845
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested11

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • AddressP.O. Box 1659
  • CityPorterville
  • StateCA
  • Zip93258
  • Telephone(559) 788-6220
  • EIN77-0430481
  • Industry Code713200

Audit Information

  • Audit StatusAudited
  • AuditorCuttone & Mastro CPAS
  • Auditor EIN45-2184917
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope 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.
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.
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.

Questions and Answers

Question Answer Amount
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
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
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
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
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
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
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

Financials

Income and Expense Statement

Income $3,083,808
Contributions $1,109,268
Cash Contributions $1,109,268
Cash from Employers $478,727
Cash from Participants $630,541
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $1,972,225
Total Interest $24,781
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $10,139
Interest from Other Investments $14,642
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $1,947,444
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $2,315
Expenses $1,276,161
Total Benefit Payments $1,178,163
Directly to participants or beneficiaries, including direct rollovers $1,178,163
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $97,998
Professional Fees $0
Contract Administrator Fees $93,116
Investment Advisory and management fees $0
Other Administrative Fees $4,882
Net Income $1,807,647
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $10,949,307 $9,120,912 20.05%
Total noninterest-bearing cash $15,909 $22,068 -27.91%
Receivables $219 $408 -46.32%
Employer Contributions $0 $273 -100.00%
Participant Contributions $219 $135 62.22%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $185,319 $159,753 16.00%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $10,747,860 $8,938,683 20.24%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $20,930 $182 11400.00%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $20,930 $182 11400.00%
Net Assets $10,928,377 $9,120,730 19.82%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Insurance Company

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Wells Fargo Advisors LLC Investment advisory (participants) RIA $49,920 $0 $49,920
John Hancock Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Soft dollars commissions Recordkeeper $4,595 $0 $4,595
All Valley Administrators, LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Recordkeeping fees Recordkeeper $0 $0 $0
Total $54,515 $0 $54,515

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
American Funds 2040 Td John Hancock USA DFE: Pooled Separate Account $1,668,351
American Funds 2050 Td John Hancock USA DFE: Pooled Separate Account $1,308,819
American Funds 2035 Td John Hancock USA DFE: Pooled Separate Account $1,246,709
American Funds 2030 Td John Hancock USA DFE: Pooled Separate Account $1,098,957
American Funds 2045 Td John Hancock USA DFE: Pooled Separate Account $1,064,915
American Funds 2025 Td John Hancock USA DFE: Pooled Separate Account $858,835
American Funds 2055 Td John Hancock USA DFE: Pooled Separate Account $539,977
American Funds 2020 Td John Hancock USA DFE: Pooled Separate Account $519,953
American Funds 2060 Td John Hancock USA DFE: Pooled Separate Account $413,369
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $311,265
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $262,408
Wells Fargo Core Bond Fund John Hancock USA DFE: Pooled Separate Account $168,949
Vanguard Mid-Cap Value Etf John Hancock USA DFE: Pooled Separate Account $168,475
American Funds Amcap Fund John Hancock USA DFE: Pooled Separate Account $148,527
American Funds 2015 Td John Hancock USA DFE: Pooled Separate Account $133,658
New Perspective Fund John Hancock USA DFE: Pooled Separate Account $132,163
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $113,215
Blackrock High Equity Income John Hancock USA DFE: Pooled Separate Account $96,306
Sprott Gold Fund John Hancock USA DFE: Pooled Separate Account $88,489
Templeton Foreign Fund John Hancock USA DFE: Pooled Separate Account $83,327
Mfs Mid Cap Growth Fund John Hancock USA DFE: Pooled Separate Account $81,175
Invesco Small Cap Growth John Hancock USA DFE: Pooled Separate Account $56,070
Fidelity Adv New Insights John Hancock USA DFE: Pooled Separate Account $54,841
Hartford Midcap Fund John Hancock USA DFE: Pooled Separate Account $50,711
Wells Fargo Special Scv Fund John Hancock USA DFE: Pooled Separate Account $22,107
American Funds 2010 Td John Hancock USA DFE: Pooled Separate Account $14,996
Fidelity Contrafund John Hancock USA DFE: Pooled Separate Account $10,868
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $10,734
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $9,580
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $6,503
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $1,405
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $563
American Century Em Fund John Hancock USA DFE: Pooled Separate Account $560
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $553
American Funds Bond Fund of Am John Hancock USA DFE: Pooled Separate Account $529
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $0
Jpmorgan Equity Income Fund John Hancock USA DFE: Pooled Separate Account $0
Mfs Mid Cap Value Fund John Hancock USA DFE: Pooled Separate Account $0
New World Fund John Hancock USA DFE: Pooled Separate Account $0
Pgim Global Total Return Fund John Hancock USA DFE: Pooled Separate Account $0
Pimco Commodity Real Return John Hancock USA DFE: Pooled Separate Account $0
Select Aa Balanced John Hancock USA DFE: Pooled Separate Account $0
Select Aa Conservative John Hancock USA DFE: Pooled Separate Account $0
Select Aa Growth John Hancock USA DFE: Pooled Separate Account $0
Select Aa Moderate John Hancock USA DFE: Pooled Separate Account $0
Tiaa-Cref Small-Cap Blend Idx John Hancock USA DFE: Pooled Separate Account $0
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $0
Vanguard International Growth John Hancock USA DFE: Pooled Separate Account $0
Vanguard Strategic Equity Fund John Hancock USA DFE: Pooled Separate Account $0
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $0
Ivy Small Cap Growth Fund John Hancock USA DFE: Pooled Separate Account $0
Ivy International Core Equity John Hancock USA DFE: Pooled Separate Account $0
Lord Abbett High Yield Fund John Hancock USA DFE: Pooled Separate Account $0
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $0
500 Index Fund John Hancock USA DFE: Pooled Separate Account $0
Blackrock Health Sciences Opp John Hancock USA DFE: Pooled Separate Account $0
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $0
Capital World Growth & Income John Hancock USA DFE: Pooled Separate Account $0
Cohen & Steers Real Estate John Hancock USA DFE: Pooled Separate Account $0
Columbia Overseas Value Fund John Hancock USA DFE: Pooled Separate Account $0
Delaware Small Cap Value Fund John Hancock USA DFE: Pooled Separate Account $0
Dfa Us Large Company Fund John Hancock USA DFE: Pooled Separate Account $0
Dodge & Cox Stock Fund John Hancock USA DFE: Pooled Separate Account $0
Fidelity Advisor Balanced Fund John Hancock USA DFE: Pooled Separate Account $0
Harbor Small Cap Value Fund John Hancock USA DFE: Pooled Separate Account $0
Hartford Equity Income Fund John Hancock USA DFE: Pooled Separate Account $0
Wells Fargo Disciplined Us Cor John Hancock USA DFE: Pooled Separate Account $0
Total $10,747,862

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) 939
EIN 01-0233346
Industry Code 65838
Contract Number 137295
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $0
Value in Separate Accounts at Year End $9,120,568
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees There are no brokers listed for this plan.
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0