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FORM 5500 DATA

Definition 6, Inc. Employees Retirement Savings Plan

Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan09/01/1998
  • Net Assets as of 12/31/2018 $4,097,799
  • 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 12/31/2018

  • Active (Eligible) Participants110
  • Retired or separated participants receiving benefits3
  • Other retired or separated participants entitled to future benefits36
  • Subtotal149
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total149
  • Total number of participants as of 01/01/2018132
  • Number of participants with account balances90
  • 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

  • Address420 Plasters Ave NE
  • CityAtlanta
  • StateGA
  • Zip30324
  • Telephone(404) 870-0323
  • EIN58-2332481
  • Industry Code541511
  • Named AdministratorStewart Brooks

Audit Information

  • Audit StatusAudited
  • AuditorRoss Lane & Company, LLC
  • Auditor EIN58-1686745
  • 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.
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.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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 $105,525
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 $139,916
Contributions $472,096
Cash Contributions $472,096
Cash from Employers $0
Cash from Participants $427,472
Others (including rollovers) $44,624
Noncash Contributions $0
Total Earnings on Investments $-332,335
Total Interest $466
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $466
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 $863
Net investment gain (loss) from pooled separate accounts $-333,664
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 $155
Expenses $830,087
Total Benefit Payments $795,021
Directly to participants or beneficiaries, including direct rollovers $795,021
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 $35,066
Professional Fees $0
Contract Administrator Fees $35,066
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $-690,171
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 $4,097,799 $4,787,970 -14.41%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $16,585 $16,538 0.28%
Employer Contributions $0 $0 0.0%
Participant Contributions $16,585 $16,538 0.28%
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 $9,152 $13,858 -33.96%
Value of interest in common/collective trusts $141,575 $400,064 -64.61%
Value of interest in pooled separate accounts $3,930,487 $4,357,510 -9.80%
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 $4,097,799 $4,787,970 -14.41%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Insurance 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
Marietta Wealth Management Investment advisory (participants) RIA $0 $17,297 $17,297
Principal Life Insurance Company Contract Administrator, Participant loan processing, Direct payment from the plan, Recordkeeping fees Contract Administrator $4,337 $0 $4,337
The Benefit Company LLC Other services, Other commissions Other Services $0 $1,033 $1,033
John Hancock Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.) Recordkeeper $295 $0 $295
Total $4,632 $18,330 $22,962

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
The Benefit Company LLC Principal Life Insurance Company Other services, Other commissions Commissions $1,033
*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 Target Ret 2040 John Hancock Life Insurance Company DFE: Pooled Separate Account $526,125
Vanguard Target Ret 2030 John Hancock Life Insurance Company DFE: Pooled Separate Account $374,086
500 Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $319,404
Vanguard Target Ret 2050 John Hancock Life Insurance Company DFE: Pooled Separate Account $301,846
American Balanced Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $232,127
Fundamental Investors John Hancock Life Insurance Company DFE: Pooled Separate Account $226,756
John Hancock Bond Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $203,431
Washington Mutual Investors John Hancock Life Insurance Company DFE: Pooled Separate Account $184,994
Fidelity Contrafund John Hancock Life Insurance Company DFE: Pooled Separate Account $179,493
Vanguard Mid-Cap Value Etf John Hancock Life Insurance Company DFE: Pooled Separate Account $173,916
Real Est. Securities Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $158,302
Principal Stable Value Fund Principal Global Investors Trust Co DFE: Common/Collective Trust $141,575
New World Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $138,529
Vanguard Target Ret 2035 John Hancock Life Insurance Company DFE: Pooled Separate Account $119,260
Fidelity Mid Cap Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $113,765
Fidelity International Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $111,583
Vanguard Explorer Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $109,460
Vanguard Target Ret 2045 John Hancock Life Insurance Company DFE: Pooled Separate Account $70,453
Vanguard Target Ret 2030 John Hancock Life Insurance Company DFE: Pooled Separate Account $57,004
Tiaa-Cref Small-Cap Blend Idx John Hancock Life Insurance Company DFE: Pooled Separate Account $52,719
John Hancock Stable Val John Hancock Life Insurance Company DFE: Pooled Separate Account $40,380
Vanguard Small Cap Value Index John Hancock Life Insurance Company DFE: Pooled Separate Account $34,364
Vanguard Target Ret 2060 John Hancock Life Insurance Company DFE: Pooled Separate Account $33,636
Vanguard Mid-Cap Growth Etf John Hancock Life Insurance Company DFE: Pooled Separate Account $29,137
Vanguard Target Ret Income John Hancock Life Insurance Company DFE: Pooled Separate Account $28,704
Vanguard International Growth John Hancock Life Insurance Company DFE: Pooled Separate Account $17,524
Brandywine Global Opps Bond John Hancock Life Insurance Company DFE: Pooled Separate Account $15,736
Tiaa-Cref Equity Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $13,571
Lord Abbett High Yield Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $12,300
Vanguard Target Ret 2055 John Hancock Life Insurance Company DFE: Pooled Separate Account $8,119
Vanguard Growth Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $7,872
Lord Abbett Core Fixed Income John Hancock Life Insurance Company DFE: Pooled Separate Account $7,559
Vanguard Value Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $6,508
Dfa Inflation Protected Sec John Hancock Life Insurance Company DFE: Pooled Separate Account $6,108
Hartford Midcap Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $5,778
Federated Mdt Small Cap Growth John Hancock Life Insurance Company DFE: Pooled Separate Account $3,945
American Century Em Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $2,578
Oakmark International Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $2,068
Thrivent Mid Cap Stock Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $501
Vanguard Total Bond Market Idx John Hancock Life Insurance Company DFE: Pooled Separate Account $317
New Perspective Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $283
Wisdometree Midcap Dividend Etf John Hancock Life Insurance Company DFE: Pooled Separate Account $245
Prin Smallcap Value II Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Sam Balances Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Sam Cons Balanced Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Equity Income Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Midcap S&P 400 Idx Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin U.S. Property Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Blue Chip Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Capital Appr Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prim Sam Strat Growth Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Intl Emerg Markets Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Sam Flexible Income Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Sam Cons Growth Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Core Plus Bd Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lgcap S&P 500 Index Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lifetime 2060 Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lifetime 2040 Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Largecap Value III Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lifetime 2050 Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Smallcap Growth I Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Midcap Growth III Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lifetime Strat Inc Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Real Estate Secs Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Smcap S&P 600 Index Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lifetime 2030 Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Intl I Separate Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Midcap Value I Sa-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Prin Lifetime 2020 Sep Acct-R6 Principal Life Insurance Company DFE: Pooled Separate Account $0
Total $4,072,061

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Principal Life Insurance Company 93
EIN 42-0127290
Industry Code 61271
Contract Number 610417
Contract Year 01/01/2018 — 12/31/2018
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $6,151
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
The Benefit Company LLC 6 Concourse Pkwy Atlanta, GA 30328 -6243 Insurance Agent or Broker $5,446 $0
Qualified Plans, LLC Po Box 1768 Savannah, GA 31402 Insurance Agent or Broker $0 $705 REFERRAL/SERVICE 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 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
John Hancock Life Insurance Company U.S.A 92
EIN 01-0233346
Industry Code 65838
Contract Number 132809
Contract Year 03/07/2018 — 12/31/2018
Value in General Account at Year End $0
Value in Separate Accounts at Year End $3,930,487
Insurance Fees and Commissions $13,641
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Qualified Plans, LLC 2702 Whatley Ave Savannah, GA 31404 Insurance Agent or Broker $13,311 $330 TPA FEES
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
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