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FORM 5500 DATA

A.J. Kirkwood & Associates, Inc. 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2006 — 12/31/2006
  • Date of Plan01/01/1997
  • Net Assets as of 12/31/2006 $1,750,707
  • 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 12/31/2006

  • Active (Eligible) Participants238
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits102
  • Subtotal340
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total340
  • Total number of participants as of 01/01/2006241
  • Number of participants with account balances221
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0
  • Number of participants required to be reported on Schedule SSA5

Expenses

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

Sponsor Information

  • Address2752 Walnut Ave
  • CityTustin
  • StateCA
  • Zip92780-7025
  • Telephone(714) 505-1977
  • EIN33-0707710
  • Industry Code238210
  • Named AdministratorG. Holton

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorFrank C. Huang
  • Auditor EIN38-1786392
  • 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.
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.

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? No
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? Yes

Financials

Income and Expense Statement

Income $579,989
Contributions $446,755
Cash Contributions $446,755
Cash from Employers $316,308
Cash from Participants $96,857
Others (including rollovers) $33,590
Noncash Contributions $0
Total Earnings on Investments $133,234
Total Interest $7,145
Interest-Bearing Cash $312
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $6,833
Interest from Other Investments $0
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 $126,089
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $81,899
Total Benefit Payments $66,108
Directly to participants or beneficiaries, including direct rollovers $66,108
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 $15,791
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $15,791
Other Administrative Fees $0
Net Income $498,090
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2006 12/31/2005 Change YOY
Total Assets $1,750,707 $1,252,617 39.76%
Total noninterest-bearing cash $435 $259 67.95%
Receivables $91,581 $0 0.0%
Employer Contributions $87,872 $0 0.0%
Participant Contributions $3,709 $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 $129,470 $106,964 21.04%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,529,221 $1,145,394 33.51%
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 $0 $0 0.0%
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 $1,750,707 $1,252,617 39.76%

Service Providers

Service Providers

There are no service providers listed for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Money Market Fund John Hancock DFE: Pooled Separate Account $456,116
Jh Lifestyle Balanced John Hancock DFE: Pooled Separate Account $167,751
Jh Lifestyle Aggressive John Hancock DFE: Pooled Separate Account $120,002
Jh Lifestyle Growth John Hancock DFE: Pooled Separate Account $103,961
Jh T. Rowe Price Mid-Cap Val John Hancock DFE: Pooled Separate Account $58,555
Jh T. Towe Price Sci & Tech John Hancock DFE: Pooled Separate Account $50,150
Jh Pimco Total Return John Hancock DFE: Pooled Separate Account $47,506
Jh T. Rowe Price Spectrum Inc. John Hancock DFE: Pooled Separate Account $38,243
Jh Fidelity Advisor Div Grwth John Hancock DFE: Pooled Separate Account $35,144
500 Index Fund John Hancock DFE: Pooled Separate Account $34,880
Jh Domini Social Equity John Hancock DFE: Pooled Separate Account $32,548
Jh Oppenheimer Developing Mkt John Hancock DFE: Pooled Separate Account $32,055
Jh T. Rowe Price Blue Chip John Hancock DFE: Pooled Separate Account $30,817
Jh Excelsior Value & Restruct John Hancock DFE: Pooled Separate Account $30,428
Jh Aim Constellation John Hancock DFE: Pooled Separate Account $26,217
Jh Oppenheimer Global John Hancock DFE: Pooled Separate Account $24,238
Jh Lifestyle Moderate John Hancock DFE: Pooled Separate Account $24,037
Jh T. Rowe Price Equity Inc. John Hancock DFE: Pooled Separate Account $21,723
Jh Aim Small Cap Growth John Hanocck DFE: Pooled Separate Account $20,381
Jh Salomon Bros High Yield John Hancock DFE: Pooled Separate Account $16,347
Jh Short-Term Federal John Hancock DFE: Pooled Separate Account $16,094
Jh Davis New York Venture John Hancock DFE: Pooled Separate Account $14,481
Jh Lifestyle Conservative John Hancock DFE: Pooled Separate Account $12,016
Jh Templeton World John Hancock DFE: Pooled Separate Account $6,548
Quantitative Value Fund John Hancock DFE: Pooled Separate Account $6,493
Jh American Funds Am Balanced John Hancock DFE: Pooled Separate Account $4,374
Jh Legg Mason Growth John Hancock DFE: Pooled Separate Account $2,967
Jh Mutual Discovery John Hancock DFE: Pooled Separate Account $1,456
Jh Franklin Balance Sheet John Hancock DFE: Pooled Separate Account $702
Mid Cap Stock Fund (Vs) John Hancock DFE: Pooled Separate Account $284
Quantitative Mid Cap Fund John Hancock DFE: Pooled Separate Account $207
Jh Templeton Foreign John Hancock DFE: Pooled Separate Account $172
Jh Franklin Small-Mid Growth John Hancock DFE: Pooled Separate Account $85
Intl Equity Index Fund John Hancock DFE: Pooled Separate Account $71
Jh Templeton Foreign Small Co. John Hancock DFE: Pooled Separate Account $71
Jh Merrill Lynch Large Value John Hancock DFE: Pooled Separate Account $68
Total Stock Market Index Fund John Hancock DFE: Pooled Separate Account $68
Emerging Growth Fund John Hancock DFE: Pooled Separate Account $33
Jh Explorer John Hancock DFE: Pooled Separate Account $16
Total $1,437,305

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock 219
EIN 01-0233346
Industry Code 65838
Contract Number 63820
Contract Year 01/01/2006 — 12/31/2006
Value in General Account at Year End $0
Value in Separate Accounts at Year End $1,658,692
Insurance Fees and Commissions $6,852
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Financial Telesis Inc. Insurance Agent or Broker $3,559 $0
Mml Insurance Agency, Inc. Insurance Agent or Broker $1,713 $0
401K Advisors, Inc. Insurance Agent or Broker $1,580 $0
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 Unspecified
Balance at the end of the previous year $0
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 $0
Deductions $0
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 $0
Balance at the end of the current year $0