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Overview

Plan Information

  • Plan Year01/01/2010 — 12/31/2010
  • Date of Plan01/01/1987
  • Net Assets as of 12/31/2010 $12,023,306
  • Plan Number2
  • 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
  • Plan Benefit ArrangementInsurance

Participant Information as of 12/31/2010

  • Active (Eligible) Participants147
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits52
  • Subtotal199
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total199
  • Total number of participants as of 01/01/2010172
  • Number of participants with account balances192
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1

Expenses

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

Sponsor Information

  • Address4621 East Tech Drive
  • CityCincinnati
  • StateOH
  • Zip45245-1044
  • Telephone(513) 528-5674
  • EIN31-1025055
  • Industry Code423800
  • Named AdministratorSylvia Sanford

Plan Administrator Information

  • Administrator NameLns America, Inc.
  • Address4621 East Tech Drive
  • CityCincinnati
  • StateOH
  • Zip45245-1044
  • Telephone(513) 528-5674
  • Administrator EIN31-1025055

Audit Information

  • Audit StatusAudited
  • AuditorRudler and Associates, Inc.
  • Auditor EIN31-1048275
  • 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.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

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? Yes
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 $2,297,246
Contributions $870,928
Cash Contributions $870,928
Cash from Employers $325,202
Cash from Participants $497,707
Others (including rollovers) $48,019
Noncash Contributions $0
Total Earnings on Investments $1,426,318
Total Interest $95,839
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $18,796
Participant Loans $0
Interest from Other Investments $77,043
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 $0
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 $1,330,479
Other Income $0
Expenses $1,638,072
Total Benefit Payments $1,617,619
Directly to participants or beneficiaries, including direct rollovers $1,617,619
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 $20,453
Professional Fees $14,611
Contract Administrator Fees $0
Investment Advisory and management fees $5,842
Other Administrative Fees $0
Net Income $659,174
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2010 12/31/2009 Change YOY
Total Assets $12,023,306 $7,373,077 63.07%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
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 $359,775 $131,951 172.66%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
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 $9,773,852 $4,861,772 101.03%
Value of funds held in insurance co. general account $1,889,679 $2,379,354 -20.58%
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 $0 $0 0.0%
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) $0 $0 0.0%
Net Assets $12,023,306 $7,373,077 63.07%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

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
Ing Mutual Funds Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Product Provid $0 $40,651 $40,651
Ing Life Insurance and Annuity Co Investment advisory (participants), Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses Service Provider $0 $37,761 $37,761
Ing Financial Advisers Distribution (12b-1) fees Broker/ Dealer $0 $18,325 $18,325
Lazard Funds Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Product Prov $0 $18,048 $18,048
Dynamic Pension Services, Inc Recordkeeping and information management (computing, tabulating, data processing, etc.) TPA $0 $14,611 $14,611
American Funds Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Product Provi $0 $14,594 $14,594
Davis Funds Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Product Pro $0 $6,838 $6,838
T Rowe Price Funds Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Product Provi $0 $5,211 $5,211
Total $0 $156,039 $156,039

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
American Funds American Funds Amer Balanced Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $2,105
American Funds American Funds Europacific Gro Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $3,490
American Funds American Funds New Perspective Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $2,480
Ing Mutual Funds Ing Solution 2015 Portfolio Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $2,456
Ing Mutual Funds Ing Solution 2025 Portfolio Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $11,627
Ing Mutual Funds Ing Solution 2035 Portfolio Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $7,219
Ing Mutual Funds Ing Solution 2045 Portfolio Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $4,069
Ing Mutual Funds Ing T Rowe Price Equity Income Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $2,755
Ing Mutual Funds Ing Us Stock Index Portfolio Investment management, Distribution (12b-1) fees Investment Management 12B-1 Distribution Fees $2,543
Lazard Funds Lazard Emerging Markets Equity Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $18,048
T Rowe Price Funds T Rowe Price Mid-Cap Growth Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $5,211
American Funds American Funds Growth Fund of Amer Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $5,324
American Funds American Funds Washington Mutual Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $1,194
Davis Funds Davis New York Venture Fund Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $6,838
Ing Financial Advisers American Funds American Balanced Distribution (12b-1) fees 12B-1 Distribution Fees $1,106
Ing Financial Advisers American Funds Europacific Gro Distribution (12b-1) fees 12B-1 Distribution Fees $1,541
Ing Financial Advisers American Funds New Perspective Distribution (12b-1) fees 12B-1 Distribution Fees $1,078
Ing Financial Advisers American Funds Growth Fund of Amer Distribution (12b-1) fees 12B-1 Distribution Fees $2,689
Ing Financial Advisers Davis New York Venture Fund Distribution (12b-1) fees 12B-1 Distribution Fees $2,590
Ing Financial Advisers Ing Intermediate Bond Fund Distribution (12b-1) fees 12B-1 Distribution Fees $1,972
Ing Financial Advisers Lazard Emerging Markets Equity Distribution (12b-1) fees 12B-1 Distribution Fees $2,921
Ing Financial Advisers T Row Price Mid-Cap Growth Distribution (12b-1) fees 12B-1 Distribution Fees $2,004
Ing Life Insurance and Annuity Co Columbia High Yield Bond Fund Sub-transfer agency fees Sub-Transfer/Reimbursement Fees $1,213
Ing Life Insurance and Annuity Co Ing Baron Small Cap Growth Sub-transfer agency fees, Account maintenance fees Sub-Transfer/Reimbursement Fees Account Maintenance Fees $1,431
Ing Life Insurance and Annuity Co Ing Fixed Account Recordkeeping fees Record-Keeping Fees $13,219
Ing Life Insurance and Annuity Co Ing Life Insurance and Annuity Co Investment advisory (participants) Investment Advisory (Participant) $3,232
Ing Life Insurance and Annuity Co Ing Solution 2025 Portfolio Sub-transfer agency fees, Account maintenance fees Sub-Transfer/Reimbursement Fees Account Maintenance Fees $3,981
Ing Life Insuance and Annuity Co Ing Solution 2035 Portfolio Sub-transfer agency fees, Account maintenance fees Sub-Transfer/Reimbursement Fees Account Maintenance Fees $2,383
Ing Life Insurance and Annuity Co Ing Solution 2045 Portfolio Sub-transfer agency fees, Account maintenance fees Sub-Transfer/Reimbursement Fees Account Maintenance Fees $1,297
Ing Life Insurance and Annuity Co Ing T Rowe Price Equity Income Sub-transfer agency fees, Account maintenance fees Sub-Transfer/Reimbursement Fees Account Maintenance Fees $1,532
Ing Life Insurance and Annuity Co Ing Us Stock Index Portfolio Sub-transfer agency fees Sub-Transfer/Reimbursement Fees $1,603
Ing Life Insurance and Annuity Co Lazard Emerging Markets Equity Sub-transfer agency fees Sub-Transfer/Reimbursement Fees $2,007
Ing Mutual Funds Ing Baron Small Cap Growth Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $3,701
Ing Mutual Funds Ing Black Rock Science and Tech Investment management, Investment management fees paid indirectly by plan Investment Management Investment Management Fees $1,245
Ing Mutual Funds Ing Intermediate Bond Fund Investment management, Investment management fees paid indirectly by plan, Distribution (12b-1) fees Investment Management Investment Management Fees 12B-1 Distribution Fees $3,849
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

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
Map Contract Separate Account D Ing Life Insurance & Annuity Co. DFE: Pooled Separate Account $9,773,851
Total $9,773,851

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Ing Life Insurance and Annuity Company 190
EIN 71-0294708
Industry Code 86509
Contract Number 877427
Contract Year 01/01/2010 — 12/31/2010
Value in General Account at Year End $1,889,679
Value in Separate Accounts at Year End $9,773,851
Insurance Fees and Commissions $52,094
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Lpl Financial Corporation Attn Comm Dept Lpl Fin Svcs San Diego, CA 92150 Insurance Agent or Broker $36,568 $0
Dynamic Pension Services, Inc. 2176 Hewitt Ave Ste A Kettering, OH 48440 Third Party Administrator $0 $15,526 SERVICE REIMBURSEMENT
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 GROUP PENSION FUNDING
Balance at the end of the previous year $0
Additions $2,864,057
Contributions Deposited during the year $45,664
Dividends and credits $0
Interest credited during the year $77,043
Transferred from separate account $0
Other $2,741,350
Total of Balance and Additions $2,864,057
Deductions $974,378
Disbursed from fund to pay benefits or purchase annuities during the year $838,999
Administration charge made by carrier $4,689
Transferred to Separate Account $83,786
Other $46,904
Balance at the end of the current year $1,889,679
Ing Life Insurance & Annuity Co. 0
EIN 71-0294708
Industry Code 86509
Contract Number PHX198
Contract Year 01/01/2010 — 12/31/2010
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
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 UNALLOCATED ANNUITY CONTRACT
Balance at the end of the previous year $2,379,354
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 $2,379,354
Deductions $2,379,354
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 $2,379,354
Balance at the end of the current year $0
John Hancock Life Insurance Company 0
EIN 01-0233346
Industry Code 65838
Contract Number 25786
Contract Year 01/01/2010 — 12/31/2010
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $4,709
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Horizon Benefits 801 East Morehead St Charlotte, NC 28202 Insurance Agent or Broker $4,202 $0
Dynamic Pension Services, Inc 2176 Hewitt Ave Kettering, OH 45440 Third Party Administrator $0 $482 SERVICE REIMBURSEMENT
Pension Systems, Inc. Po Box 80969 Charleston, SC 29416 Third Party Administrator $0 $25 SERVICE REIMBURSEMENT
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 Guaranteed Investment
Balance at the end of the previous year $46,229
Additions $217
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $217
Transferred from separate account $0
Other $0
Total of Balance and Additions $46,446
Deductions $46,446
Disbursed from fund to pay benefits or purchase annuities during the year $46,287
Administration charge made by carrier $36
Transferred to Separate Account $0
Other $123
Balance at the end of the current year $0