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FORM 5500 DATA

Hyde and Hyde, Inc. 401k Salary Reduction Plan

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan01/01/1998
  • Net Assets as of 12/31/2014 $2,674,701
  • 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 Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants135
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits32
  • Subtotal167
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total167
  • Total number of participants as of 01/01/2014182
  • Number of participants with account balances7
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

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

Sponsor Information

  • Address300 El Sobrante Road
  • CityCorona
  • StateCA
  • Zip92879
  • Telephone(909) 817-2300
  • EIN33-0061330
  • Industry Code311900
  • Named AdministratorTimothy Hyde
  • Named Plan SponsorTimothy Hyde

Audit Information

  • Audit StatusAudited
  • AuditorKennedy & Kennedy
  • Auditor EIN95-6285205
  • 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.
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.
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? 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 $394,710
Contributions $305,372
Cash Contributions $305,372
Cash from Employers $90,915
Cash from Participants $214,457
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $89,338
Total Interest $9,561
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $7,406
Interest from Other Investments $2,155
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 $-3,776
Real Estate $0
Other $-3,776
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $83,553
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 $0
Expenses $290,842
Total Benefit Payments $276,343
Directly to participants or beneficiaries, including direct rollovers $276,343
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 $14,499
Professional Fees $2,420
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $12,079
Net Income $103,868
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $2,674,701 $2,570,833 4.04%
Total noninterest-bearing cash $1,022 $111 820.72%
Receivables $9,631 $5,772 66.86%
Employer Contributions $2,809 $1,773 58.43%
Participant Contributions $6,822 $3,999 70.59%
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 $167,787 $196,266 -14.51%
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 $2,116,896 $2,007,995 5.42%
Value of funds held in insurance co. general account $379,365 $360,689 5.18%
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 $2,674,701 $2,570,833 4.04%

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
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, Other insurance wrap fees, Soft dollars commissions N/A $1,570 $0 $1,570
Total $1,570 $0 $1,570

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
Jh Ls Con Active Strategy John Hancock USA DFE: Pooled Separate Account $410,200
Jh Ls Bal Active Strategy John Hancock USA DFE: Pooled Separate Account $352,896
Money Market Fund John Hancock USA DFE: Pooled Separate Account $238,878
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $132,321
T. Rowe Price Cap Appreciation John Hancock USA DFE: Pooled Separate Account $131,388
High Yield Fund John Hancock USA DFE: Pooled Separate Account $103,374
Pimco Total Return John Hancock USA DFE: Pooled Separate Account $75,746
Jh Ls Mod Active Strategy John Hancock USA DFE: Pooled Separate Account $74,725
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $64,890
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $55,562
Oppenheimer Developing Mkt John Hancock USA DFE: Pooled Separate Account $47,804
T. Rowe Price Spectrum Inc John Hancock USA DFE: Pooled Separate Account $36,658
Jh Ls Grow Active Strategy John Hancock USA DFE: Pooled Separate Account $32,761
Jh Thru 2045 Active Strategy John Hancock USA DFE: Pooled Separate Account $32,504
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $30,884
T. Rowe Price Equity Inc John Hancock USA DFE: Pooled Separate Account $30,299
Vanguard Short-Term Federal John Hancock USA DFE: Pooled Separate Account $28,311
U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $27,288
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $24,382
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $23,336
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $16,781
Utilities Fund John Hancock USA DFE: Pooled Separate Account $15,340
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $15,117
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $13,911
Value Fund John Hancock USA DFE: Pooled Separate Account $13,770
Franklin Mutual Beacon Fund John Hancock USA DFE: Pooled Separate Account $12,177
Jh Thru 2010 Active Strategy John Hancock USA DFE: Pooled Separate Account $12,113
Keeley Small Cap Value John Hancock USA DFE: Pooled Separate Account $11,483
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $10,092
Jpmorgan Midcap Value Fund John Hancock USA DFE: Pooled Separate Account $9,053
Small Cap Value Fund John Hancock USA DFE: Pooled Separate Account $6,986
Jh Ls Agg Active Strategy John Hancock USA DFE: Pooled Separate Account $5,865
Jh Thru 2020 Active Strategy John Hancock USA DFE: Pooled Separate Account $4,298
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $4,115
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $3,996
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $2,195
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $1,755
International Value Fund John Hancock USA DFE: Pooled Separate Account $1,436
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $1,426
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $780
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $0
Vanguard Mid-Cap Value Etf John Hancock USA DFE: Pooled Separate Account $0
Ssga Mid Value Index Fund John Hancock USA DFE: Pooled Separate Account $0
500 Index Fund John Hancock USA DFE: Pooled Separate Account $0
Parnassus Core Equity Fund John Hancock USA DFE: Pooled Separate Account $0
Total $2,116,896

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company (U.S.A.) 124
EIN 01-0233346
Industry Code 65838
Contract Number 45610
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $379,365
Value in Separate Accounts at Year End $2,116,896
Insurance Fees and Commissions $7,960
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Financial West Group, Inc. 2500 East Imperial Hwy., #201 BREA, CA 92821 Insurance Agent or Broker $6,702 $0
National Retirement Services, Inc. 5832 Bolsa Ave., Ste. 100 Huntington Beach, CA 92649 Third Party Administrator $0 $1,258 CONSULTING
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 ANNUITY CONTRACT
Balance at the end of the previous year $363,742
Additions $79,215
Contributions Deposited during the year $45,294
Dividends and credits $0
Interest credited during the year $2,155
Transferred from separate account $0
Other $31,766
Total of Balance and Additions $442,957
Deductions $56,783
Disbursed from fund to pay benefits or purchase annuities during the year $27,012
Administration charge made by carrier $2,426
Transferred to Separate Account $7,540
Other $19,805
Balance at the end of the current year $386,174