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Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan08/01/2010
  • Net Assets as of 12/31/2019 $9,796,188
  • 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
  • Plan Benefit ArrangementInsurance

Participant Information as of 12/31/2019

  • Active (Eligible) Participants368
  • Retired or separated participants receiving benefits8
  • Other retired or separated participants entitled to future benefits135
  • Subtotal511
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total511
  • Total number of participants as of 01/01/2019501
  • Number of participants with account balances510
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested51


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

Sponsor Information

  • Address1454 East Second Street
  • CitySan Bernardino
  • StateCA
  • Zip92408
  • Telephone(909) 382-7107
  • EIN33-0664371
  • Industry Code621498

Audit Information

  • Audit StatusAudited
  • AuditorCliftonlarsonallen LLP
  • Auditor EIN41-0746749
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
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.
2L Code section 403(b)(1) arrangement A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers.
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? Yes $1,490
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


Income and Expense Statement

Income $3,305,077
Contributions $1,989,525
Cash Contributions $1,989,525
Cash from Employers $1,297,995
Cash from Participants $691,118
Others (including rollovers) $412
Noncash Contributions $0
Total Earnings on Investments $81,416
Total Interest $13,513
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $13,513
Interest from Other Investments $0
Total Dividends $67,903
Preferred Stock $0
Common Stock $67,903
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 $0
Other Income $1,234,136
Expenses $279,249
Total Benefit Payments $278,030
Directly to participants or beneficiaries, including direct rollovers $278,030
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 $1,219
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $1,219
Other Administrative Fees $0
Net Income $3,025,828
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 $9,796,188 $6,770,360 44.69%
Total noninterest-bearing cash $90,237 $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 $413,676 $357,205 15.81%
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 $8,265,752 $5,331,322 55.04%
Value of funds held in insurance co. general account $1,026,523 $1,081,833 -5.11%
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 $9,796,188 $6,770,360 44.69%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Valic Financial Advisors, Inc.

Other Service Providers Receiving Direct or Indirect Compensation

There are no service providers listed for this plan.

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.



No investments information available for this plan.

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Variable Annuity Life Insurance Company 463
EIN 74-1625348
Industry Code 70238
Contract Number 70083
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $1,026,523
Value in Separate Accounts at Year End $6,524,977
Insurance Fees and Commissions $33,776
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Perez, Nain J 2929 Allen Parkway Houston, TX 77019 Insurance Agent or Broker $15,447 $0 COMMISSIONS
Johnston, Brianna 2929 Allen Parkway Houston, TX 77019 Insurance Agent or Broker $15,285 $0 COMMISSIONS
Fleishman, Robert W. 2929 Allen Parkway Houston, TX 77019 Insurance Agent or Broker $1,673 $0 COMMISSIONS
Hersch, Gary A. 2929 Allen Parkway Houston, TX 77019 Insurance Agent or Broker $1,116 $0 COMMISSION
Webb, Janet 'Jan' 2929 Allen Parkway Houston, TX 77019 Insurance Agent or Broker $255 $0 COMMISSION
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 Deposit Administration
Balance at the end of the previous year $1,081,832
Additions $366,359
Contributions Deposited during the year $34,954
Dividends and credits $0
Interest credited during the year $19,488
Transferred from separate account $311,917
Other $0
Total of Balance and Additions $1,448,191
Deductions $421,668
Disbursed from fund to pay benefits or purchase annuities during the year $249,390
Administration charge made by carrier $0
Transferred to Separate Account $172,278
Other $0
Balance at the end of the current year $1,026,523