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Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan06/01/1992
  • Net Assets as of 12/31/2017 $10,313,395
  • 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 12/31/2017

  • Active (Eligible) Participants270
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits80
  • Subtotal351
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total351
  • Total number of participants as of 01/01/2017234
  • Number of participants with account balances269
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2

Expenses

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

Sponsor Information

  • Address965 Arnele Avenue
  • CityEl Cajon
  • StateCA
  • Zip92020
  • Telephone(619) 270-3000
  • EIN33-0417241
  • Industry Code441120
  • Named AdministratorGary Kaminsky

Audit Information

  • Audit StatusAudited
  • AuditorDixon Hughes Goodman LLP
  • Auditor EIN56-0747981
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
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? Yes
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? Yes

Financials

Income and Expense Statement

Income $1,518,390
Contributions $608,978
Cash Contributions $608,978
Cash from Employers $51,407
Cash from Participants $557,571
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $913,700
Total Interest $14,988
Interest-Bearing Cash $524
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $6,640
Interest from Other Investments $7,824
Total Dividends $254,515
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 $452,355
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 $191,842
Other Income $-4,288
Expenses $747,876
Total Benefit Payments $743,473
Directly to participants or beneficiaries, including direct rollovers $743,473
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 $4,403
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $135
Other Administrative Fees $4,268
Net Income $770,514
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $10,313,395 $5,720,895 80.28%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $2,169 -100.00%
Employer Contributions $0 $2,169 -100.00%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $246,150 $27,603 791.75%
Interest-bearing cash $246,150 $27,603 791.75%
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 $276,740 $68,821 302.12%
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 $9,790,505 $5,070,782 93.08%
Value of funds held in insurance co. general account $0 $551,520 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 $10,313,395 $5,720,895 80.28%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

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
Fidelity Investments Institutional Participant loan processing, Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees Recordkeeper $425 $0 $425
Total $425 $0 $425

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Af New World Fund R4 - American Fu Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Dh Large Cap A - Diamond Hill Capi Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Dlwr Small Cap Val A - Delaware In Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Hartford Midcap R4 - Hartford Admi Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Oakmark Fund Inv - Boston Financia Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Oakmark Intl Inv - Boston Financia Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Parnassus Endeavor - Parnassus Inv Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Income Adm - Dst Asset Manag Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Pimco Real Rtn Bd Ad - Dst Asset M Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Pru Tot Return Bd Z - Prudential M Sub-transfer agency fees 0.25% $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

Name of Investment Investment Manager Type of Investment Dollar Value
American Century Investments Mid C Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2025 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2030 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2035 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2040 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2045 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2050 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2055 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2060 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement Income Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Tot St Mkt Indx Fd Adm Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Voya Intermediate Bond Fund Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2020 Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2015 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Target Retirement 2010 Fu Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
American Funds Europacific Growth F Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
American Funds The Growth Fund of A Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
American Funds The Income Fund of A Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
American Funds Washington Mutual Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Oak Ridge Small Cap Growth Fund Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Oppenheimer Main Street Fund Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
U.S. Targeted Value Portfolio - Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vangaurd Lifestrategy Conservative Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Lifestrategy Growth Fund Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Mid-Cap Index Fund - Admi Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Vanguard Small-Cap Index Fund Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Voya Money Market Fund Voya Retirement Insurance and Annuity Company Separate Account D DFE: Pooled Separate Account $0
Total $0

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Voya Retirement Insurance and Annuity Company 0
EIN 71-0294708
Industry Code 86509
Contract Number 811957
Contract Year 01/01/2017 — 08/31/2017
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $2,113
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Qualified Services Inc Dba 3459 W Shaw Ave Fresno, CA 93711 $0 $2,113
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 VARIABLE ANNUITY
Balance at the end of the previous year $551,520
Additions $43,538
Contributions Deposited during the year $34,163
Dividends and credits $0
Interest credited during the year $7,824
Transferred from separate account $0
Other $1,551
Total of Balance and Additions $595,058
Deductions $595,058
Disbursed from fund to pay benefits or purchase annuities during the year $1,339
Administration charge made by carrier $261
Transferred to Separate Account $572,722
Other $20,736
Balance at the end of the current year $0