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FORM 5500 DATA

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

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan01/01/1997
  • Net Assets as of 12/31/2009 $2,197,437
  • 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 12/31/2009

  • Active (Eligible) Participants187
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits88
  • Subtotal275
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total275
  • Total number of participants as of 01/01/2009397
  • Number of participants with account balances219
  • 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

  • Address2752 Walnut Avenue
  • CityTustin
  • StateCA
  • Zip92780-7025
  • Telephone(714) 505-1977
  • EIN33-0707710
  • Industry Code238210
  • Named AdministratorSamuel S. Sandoval

Plan Administrator Information

  • Administrator NameA. J. Kirkwood & Associates, Inc.
  • Address2752 Walnut Avenue
  • CityTustin
  • StateCA
  • Zip92780-7025
  • Telephone(714) 505-1977
  • Administrator EIN33-0707710

Audit Information

  • Audit StatusAudited
  • AuditorFrank C. Huang, CPA
  • Auditor EIN26-2991834
  • 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? Yes $175,000
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 $849,609
Contributions $404,984
Cash Contributions $404,984
Cash from Employers $262,913
Cash from Participants $135,328
Others (including rollovers) $6,743
Noncash Contributions $0
Total Earnings on Investments $444,625
Total Interest $9,191
Interest-Bearing Cash $648
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $8,543
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 $435,434
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 $403,504
Total Benefit Payments $380,969
Directly to participants or beneficiaries, including direct rollovers $380,969
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 $22,535
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $22,535
Other Administrative Fees $0
Net Income $446,105
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $2,197,437 $1,751,332 25.47%
Total noninterest-bearing cash $32,736 $8,216 298.44%
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 $131,317 $135,885 -3.36%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,033,384 $1,607,231 26.51%
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 $2,197,437 $1,751,332 25.47%

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

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.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Jh Lifestyle Balanced John Hancock DFE: Pooled Separate Account $879,436
Money Market Fund John Hancock DFE: Pooled Separate Account $255,296
Investment Qual Bond Fund John Hancock DFE: Pooled Separate Account $146,529
500 Index Fund John Hancock DFE: Pooled Separate Account $146,529
Jh Lifestyle Growth John Hancock DFE: Pooled Separate Account $117,866
Columbia Value & Restructuring John Hancock DFE: Pooled Separate Account $94,516
Mid Cap Index Fund John Hancock DFE: Pooled Separate Account $91,336
Jh Lifestyle Conservative John Hancock DFE: Pooled Separate Account $60,827
Oppenheimer Developing Mkt John Hancock DFE: Pooled Separate Account $56,461
T. Rowe Price Sci & Tech John Hancock DFE: Pooled Separate Account $51,808
Explorer John Hancock DFE: Pooled Separate Account $37,133
T.Rowe Price Equity Inc. John Hancock DFE: Pooled Separate Account $31,670
Lifestyle Aggressive John Hancock DFE: Pooled Separate Account $31,364
Blue Chip Growth Fund John Hancock DFE: Pooled Separate Account $28,489
Lm Partners Glb High Yield John Hancock DFE: Pooled Separate Account $26,089
Jh Lifestyle Moderate John Hancock DFE: Pooled Separate Account $25,018
Short-Term Federal John Hancock DFE: Pooled Separate Account $24,007
Mutual Global Discovery John Hancock DFE: Pooled Separate Account $7,982
Europacific Growth Fund John Hancock DFE: Pooled Separate Account $5,598
Intl Small Cap Fund John Hancock DFE: Pooled Separate Account $5,282
Mid Cap Stock Fund John Hancock DFE: Pooled Separate Account $1,439
Small Cap Value Fund John Hancock DFE: Pooled Separate Account $1,077
Total $2,125,752

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock 219
EIN 01-0233346
Industry Code 65838
Contract Number 63820
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $0
Value in Separate Accounts at Year End $2,165,766
Insurance Fees and Commissions $9,920
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Morgan Stanley Ins Serv, Inc. Harborside Fiancial Center Jersey City, NJ 07311 -3911 Insurance Agent or Broker $9,509 $0
Morgan Stanley & Co., Incorp 2000 Westchester Drive Avenue Purchase, NY 10577 Insurance Agent or Broker $411 $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