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FORM 5500 DATA

SPP Resource Services, LLC 401k Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/2007
  • Net Assets as of 12/31/2019 $5,430,500
  • 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 Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants157
  • Retired or separated participants receiving benefits3
  • Other retired or separated participants entitled to future benefits152
  • Subtotal312
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total312
  • Total number of participants as of 01/01/2019287
  • Number of participants with account balances297
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested128

Expenses

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

Sponsor Information

  • Address2601 Network Blvd., Suite 200
  • CityFrisco
  • StateTX
  • Zip75034
  • Telephone(972) 954-2200
  • EIN90-0223878
  • Industry Code621510
  • Named AdministratorAmanda Hart

Audit Information

  • Audit StatusAudited
  • AuditorWhtley Penn LLP
  • Auditor EIN75-2393478
  • 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 $1,549,452
Contributions $593,234
Cash Contributions $593,234
Cash from Employers $131,956
Cash from Participants $440,906
Others (including rollovers) $20,372
Noncash Contributions $0
Total Earnings on Investments $956,218
Total Interest $1,849
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $1,849
Interest from Other Investments $0
Total Dividends $211,805
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 $742,564
Other Income $0
Expenses $600,484
Total Benefit Payments $597,720
Directly to participants or beneficiaries, including direct rollovers $597,720
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $1,120
Interest expense $0
Total Administrative Expenses $1,644
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $1,644
Net Income $948,968
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 $5,430,500 $4,481,532 21.18%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $595 $178 234.27%
Employer Contributions $150 $0 0.0%
Participant Contributions $445 $0 0.0%
Other Contributions $0 $178 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 $27,571 $48,319 -42.94%
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 $5,402,334 $4,433,035 21.87%
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 $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 $5,430,500 $4,481,532 21.18%

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
Investment Security Corp Securities brokerage commissions and fees NONE $0 $11,023 $11,023
Mass Mutual Retirement Services LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Other investment fees and expenses, Other fees, Direct payment from the plan Recordkeeper $1,375 $0 $1,375
Total $1,375 $11,023 $12,398

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Mass Mutual Retirement Services LLC American Cent One Choice In Rt-A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.60% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2025-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2030-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2015-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2020-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2035-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2040-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2045-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2050-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2060-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Tgt Date 2055-R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC American Funds Wash Mutual Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC Columbia Large Cap Index Fd-A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.35% $0
Mass Mutual Retirement Services LLC Columbia Mid Cap Index Fd-A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.35% $0
Mass Mutual Retirement Services LLC Columbia Small Cap Index Fd-A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.35% $0
Mass Mutual Retirement Services LLC Invesco Oppen Real Estate A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Invesco Oppen Total Return Bd A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Invesco Oppenheimer Govt Mm Y Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.30% $0
Mass Mutual Retirement Services LLC Ivy Small Cap Growth A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.50% $0
Mass Mutual Retirement Services LLC Mfs Aggress Growth Allocation R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Mfs Conservative Allocation R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Mfs Growth Allocation Fund R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Mfs International Diversification R Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Mfs Mid Cap Value Fund R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Mfs Moderate Allocation Fund R3 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
Mass Mutual Retirement Services LLC Oppenheimer Govt Money Market A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.30% $0
Mass Mutual Retirement Services LLC Sel Trp/Loom Sayles Blue Chip Gr R4 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.50% $0
Mass Mutual Retirement Services LLC The Hartford Midcap Value R4 Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.65% $0
Mass Mutual Retirement Services LLC Wells Fargo Special Small Cap Val A Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Participant communication, Other services, Direct payment from the plan, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Account maintenance fees, Other investment fees and expenses, Other fees 0.55% $0
*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

No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.