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Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan01/01/1994
  • Net Assets as of 12/31/2009 $12,730,115
  • Plan Number1
  • Plan Type Multiple 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 12/31/2009

  • Active (Eligible) Participants250
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits117
  • Subtotal367
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total367
  • Total number of participants as of 01/01/2009383
  • Number of participants with account balances310
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested25

Expenses

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

Sponsor Information

  • Address1005 Gravenstein Highway North
  • CitySebastopol
  • StateCA
  • Zip95472
  • Telephone(800) 998-9938
  • EIN04-2789763
  • Industry Code511190
  • Named AdministratorPeter Meechan
  • Named Plan SponsorPeter Meechan

Plan Administrator Information

  • Administrator NameOreilly Media, Inc.
  • Address1005 Gravenstein Highway North
  • CitySebastopol
  • StateCA
  • Zip95472
  • Telephone(800) 998-9938
  • Administrator EIN04-2789763

Audit Information

  • Audit StatusAudited
  • AuditorMoss Adams
  • Auditor EIN91-0189318
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2D Offset plan Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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 $4,840,506
Contributions $2,074,818
Cash Contributions $2,074,818
Cash from Employers $335,416
Cash from Participants $1,576,088
Others (including rollovers) $163,314
Noncash Contributions $0
Total Earnings on Investments $2,765,688
Total Interest $36,267
Interest-Bearing Cash $21,941
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $11,648
Interest from Other Investments $2,678
Total Dividends $238,258
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 $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $2,491,163
Other Income $0
Expenses $616,194
Total Benefit Payments $613,290
Directly to participants or beneficiaries, including direct rollovers $613,290
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 $2,904
Professional Fees $0
Contract Administrator Fees $900
Investment Advisory and management fees $1,914
Other Administrative Fees $90
Net Income $4,224,312
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 $12,730,115 $8,505,803 49.66%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $877 -100.00%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $877 -100.00%
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 $170,746 $136,264 25.31%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $11,509,734 $7,886,984 45.93%
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 $1,049,635 $481,678 117.91%
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 $12,730,115 $8,505,803 49.66%

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

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Liberty Group LLC Other commissions Broker Advisor $0 $28,112 $28,112
Pension Specialists, Inc. Employee (plan) Contract Administrator $900 $4,184 $5,084
Advised Asset Group Investment management Investment Managment $1,914 $0 $1,914
Great-West Life & Annuity Company Recordkeeping fees Recordkeeper $90 $0 $90
Total $2,904 $32,296 $35,200

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Liberty Group LLC Great West Life & Annuity Other commissions Other Commission $28,112
Pension Specialists, Inc Great West Life & Annuity Contract Administrator Tpa Allowance Payment $4,184
*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
Futurefunds Series II Great-West Great-West Life Annuity & Ins Co DFE: Pooled Separate Account $9,718,483
Futurefunds Series II Great-West Great-West Life & Annuity Ins Co DFE: Pooled Separate Account $1,791,251
Total $11,509,734

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Great West Retirement Services 257
EIN 84-0467907
Industry Code 68322
Contract Number 931985-01
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $879,825
Value in Separate Accounts at Year End $9,718,483
Insurance Fees and Commissions $2,195
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Liberty Group LLC. 3923 Grand Avenue Oakland, CA 94610 Insurance Agent or Broker $2,195 $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 GROUP ANNUITY CONTRACT
Balance at the end of the previous year $345,246
Additions $603,387
Contributions Deposited during the year $277,763
Dividends and credits $0
Interest credited during the year $17,413
Transferred from separate account $293,242
Other $14,969
Total of Balance and Additions $948,633
Deductions $68,808
Disbursed from fund to pay benefits or purchase annuities during the year $68,808
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $879,825
Great-West Retirement Services 53
EIN 84-0467907
Industry Code 68322
Contract Number 931985-03
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $169,810
Value in Separate Accounts at Year End $1,791,251
Insurance Fees and Commissions $366
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Liberty Group LLC 3923 Grand Avenue Oakland, CA 94610 Insurance Agent or Broker $366 $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 GROUP ANNUITY CONTRACT
Balance at the end of the previous year $136,432
Additions $37,635
Contributions Deposited during the year $32,670
Dividends and credits $0
Interest credited during the year $4,528
Transferred from separate account $437
Other $0
Total of Balance and Additions $174,067
Deductions $4,257
Disbursed from fund to pay benefits or purchase annuities during the year $4,257
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $169,810