Back to top
FORM 5500 DATA

Slay Industries 401k Retirement Savings Plan

Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan10/01/1989
  • Net Assets as of 12/31/2018 $10,973,479
  • Plan Number2
  • 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 12/31/2018

  • Active (Eligible) Participants284
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits52
  • Subtotal336
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total336
  • Total number of participants as of 01/01/2018327
  • Number of participants with account balances178
  • 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

  • Address1441 Hampton Ave.
  • CitySt. Louis
  • StateMO
  • Zip63139
  • Telephone(314) 647-7529
  • EIN43-0903793
  • Industry Code484120

Audit Information

  • Audit StatusAudited
  • AuditorAnders Minkler Huber & Helm LLP
  • Auditor EIN43-0831507
  • 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.
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.
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? Yes $182,585
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 $613,495
Contributions $971,230
Cash Contributions $971,230
Cash from Employers $343,093
Cash from Participants $606,528
Others (including rollovers) $21,609
Noncash Contributions $0
Total Earnings on Investments $-357,914
Total Interest $50,104
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $23,143
Interest from Other Investments $26,961
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 $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $-408,018
Other Income $179
Expenses $993,317
Total Benefit Payments $940,422
Directly to participants or beneficiaries, including direct rollovers $940,422
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $6,865
Interest expense $0
Total Administrative Expenses $46,030
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $46,030
Other Administrative Fees $0
Net Income $-379,822
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2018 12/31/2017 Change YOY
Total Assets $10,973,479 $11,353,301 -3.35%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $38,794 $37,864 2.46%
Employer Contributions $15,307 $12,929 18.39%
Participant Contributions $22,338 $21,454 4.12%
Other Contributions $1,149 $3,481 -66.99%
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 $434,372 $487,731 -10.94%
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 $10,500,313 $10,827,706 -3.02%
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 $10,973,479 $11,353,301 -3.35%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Kw Chambers & 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
Massachusetts Mutual Life Insurance Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees, Recordkeeping fees, Soft dollars commissions, Other investment fees and expenses Contract Admi Nistrator $46,030 $0 $46,030
Invesco Investment management fees paid indirectly by plan Investment Pr Ovider $0 $0 $0
Vanguard Investment management fees paid indirectly by plan Investment Pr $0 $0 $0
Wells Fargo Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
The Hartford Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
American Funds Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
American Funds Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
American Funds Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
American Century Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Ridgeworth Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Oppenheimer Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Pimco Funds Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Franklin Templeton Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Franklin Templeton Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Dimensional Fund Advisors Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Mfs Investment Management Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Vanguard Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Vanguard Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Jp Morgan Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Total $46,030 $0 $46,030

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Vanguard 500 Idx,Mid & Sm Cap Idx,Inftech Ix Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Pimco Funds Pimco Income Fund Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Vanguard Re Ix, Hc Fd, Lifestrat Fds,Int Bd Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Sel Gr Opportunities Sandsjsp Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Select Mid Cap Gr Trp Frontier Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Sel Smcoval Fed Clov Trp Invsc Investment management fees paid indirectly by plan, Distribution (12b-1) fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mm Retiresmart Moderate Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mutual Shares Franklin Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Ultra American Century Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mutual Shares Franklin Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Int'L New Discovery Mfs Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Premier Core Bond Barings Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Sagic 83629 & Govmt Mm Barnings Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Premier Global Ofi Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mm Retiresmart Growth Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Franklin Templeton Global Bond Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Franklin Templeton Mutual Shares Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
Jp Morgan Jpmorgan Us Govt Money Market Fd Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Dimensional Fund Advisors Us Targeted Value & Us Sm Cap Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
American Funds American Funds Grth Fund of America Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Mfs Investment Management Int'L New Discovery Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
Invesco Small Cap Discovery Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
American Century Ultra American Century Investment management fees paid indirectly by plan, Sub-transfer agency fees Basis Points * Plan Assets $0
Ridgeworth Ceredex Mid Cp Val Eq Virtus Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Prm Oppenheimer Fds Sm Cp Opp Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Ceredex Mid Cp Val Eq Virtus Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mm Retiresmart Moderate Growth Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
The Hartford Hartford International Opp Fd Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
American Funds Europacific Growth & New World Fund Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Oppenheimer Global Strategic Income II Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mm S&P 500 Index Northern Trust Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Sel Fundamental Val Brwhnlybspt Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Select Equity Opps Wellingtontrp Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Prem Inflat-Prot and Incm Barings Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Prem U.S. Govt Money Mrkt Barings Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Premier Disciplined Gr II Baring Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Vanguard Target Ret Funds Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Wells Fargo Wells Fargo Special Mid Cap Val Fd Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
American Funds Amer Funds Wash Mutual Invs Fund Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Mm Retiresmart Conservative Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Premier High Yield Barings Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Small Cap Discovery Invesco Sub-transfer agency fees, Distribution (12b-1) fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Insurance Wells Fargo Special Mid Cap Val Fd Sub-transfer agency fees Basis Points * Plan Assets $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
Vanguard Lifestrat Mod Gr Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $2,969,838
Vanguard Info Tech Indx Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,207,280
500 Index (Vanguard) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $927,069
American Fds Grth Fnd America Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $746,712
Vanguard Lifestrategy Incm Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $667,817
Vanguard Health Care Fund Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $393,273
Amer Funds Wash Mutl Invs Fund Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $379,907
Vanguard Lifestrat Con Gr Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $300,489
Reit Index (Vanguard) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $255,687
Vanguard Intrm-Trm Bnd Indx Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $240,116
Vanguard Lifestrat Gr Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $221,202
Vanguard Target Rtrmnt 2035 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $192,830
Us Targeted Value (Dfa) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $154,330
Vanguard Target Rtrmnt 2025 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $153,074
Hartford International Opp Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $146,412
Mid Cap Index (Vanguard) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $139,283
Small Cap Index (Vanguard) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $133,090
Vanguard Target Rtrmnt 2030 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $90,648
Global Bond (Templeton) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $85,855
Vanguard Target Rtrmnt 2040 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $61,546
Vanguard Target Rtrmnt 2045 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $59,545
Pimco Income Fund Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $44,714
Vanguard Mid-Cap Gr Indx Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $41,059
American Funds New World Fund Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $28,250
Vanguard Target Rtrmnt 2050 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $23,381
Wells Fargo Spec Mid Cp Val Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $20,478
Vanguard Target Rtrmnt 2055 Fd Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $15,518
Dfa Us Small Cap Growth Fund Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $5,506
Europacific Growth (American) Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $5,110
Total $9,710,019

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Massachusetts Mutual Life Insurance Company 177
EIN 04-1590850
Industry Code 65935
Contract Number 83629-2
Contract Year 08/25/2018 — 12/31/2018
Value in General Account at Year End $0
Value in Separate Accounts at Year End $1,700,423
Insurance Fees and Commissions $5,941
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
K W Chambers & Co 7800 Forsyth Blvd Fl 5 Clayton, MO 63105 Banking, Savings and Loan Association, Credit Union, or other similar financial institution $5,941 $0 INVESTMENT ADVISORY FEE
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 $693,788
Additions $1,162,390
Contributions Deposited during the year $949,191
Dividends and credits $0
Interest credited during the year $26,961
Transferred from separate account $2,795
Other $183,443
Total of Balance and Additions $1,856,178
Deductions $1,065,886
Disbursed from fund to pay benefits or purchase annuities during the year $28,658
Administration charge made by carrier $2,873
Transferred to Separate Account $1,034,355
Other $0
Balance at the end of the current year $790,292