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FORM 5500 DATA

Elite Fence Products, Inc. Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan01/01/1999
  • Net Assets as of 12/31/2017 $1,642,808
  • 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
  • Plan Benefit ArrangementInsurance

Participant Information as of 12/31/2017

  • Active (Eligible) Participants124
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits21
  • Subtotal145
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total145
  • Total number of participants as of 01/01/2017142
  • Number of participants with account balances73
  • 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

  • Address50925 Richard W Blvd
  • CityChesterfield
  • StateMI
  • Zip48051-2489
  • Telephone(586) 468-4448
  • EIN38-3245091
  • Industry Code238900
  • Named AdministratorKaren Stinson

Audit Information

  • Audit StatusAudited
  • AuditorCusmano & Co, Pc
  • Auditor EIN38-2227768
  • 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.
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.

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 $156,342
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 $300,000
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 $302,207
Contributions $117,086
Cash Contributions $117,086
Cash from Employers $41,468
Cash from Participants $75,618
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $185,015
Total Interest $2,019
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,019
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 $182,996
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 $106
Expenses $52,612
Total Benefit Payments $42,648
Directly to participants or beneficiaries, including direct rollovers $42,648
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $5,110
Certain deemed distributions of participant loans $2,945
Interest expense $0
Total Administrative Expenses $1,909
Professional Fees $1,000
Contract Administrator Fees $909
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $249,595
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $1,642,829 $1,393,213 17.92%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $6,609 $5,760 14.74%
Employer Contributions $6,609 $5,760 14.74%
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 $38,506 $15,542 147.75%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,597,638 $1,371,827 16.46%
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 $76 $84 -9.52%
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 $21 $0 0.0%
Benefit Claims Payable (1) $21 $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 $1,642,808 $1,393,213 17.92%

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
Fidelity Vip Contrafund Lincoln National Life Insurance Company DFE: Pooled Separate Account $224,828
American Funds Invest Co of America Lincoln National Life Insurance Company DFE: Pooled Separate Account $170,774
Lvip Delaware Bond Lincoln National Life Insurance Company DFE: Pooled Separate Account $147,605
Federated Govt Ultrashort Duration Lincoln National Life Insurance Company DFE: Pooled Separate Account $142,693
Blackrock Flexible Equity Lincoln National Life Insurance Company DFE: Pooled Separate Account $104,981
Delaware Vip Small Cap Value Series Lincoln National Life Insurance Company DFE: Pooled Separate Account $90,026
American Funds Small Cap World Lincoln National Life Insurance Company DFE: Pooled Separate Account $79,592
American Funds Euro Pacific Growth Lincoln National Life Insurance Company DFE: Pooled Separate Account $62,129
Sala Ssga Russell Smcap Gr Index Nl Lincoln National Life Insurance Company DFE: Pooled Separate Account $61,273
Alliance Bern Vps Small Mid Value Lincoln National Life Insurance Company DFE: Pooled Separate Account $60,501
Franklin High Income Lincoln National Life Insurance Company DFE: Pooled Separate Account $57,864
Lvip Dimension Us Eq Mgd Volatility Lincoln National Life Insurance Company DFE: Pooled Separate Account $57,622
Sa1E American Funds Bond Fd of Amer Lincoln National Life Insurance Company DFE: Pooled Separate Account $51,949
Lvip Franklintemp Gloval Eq Mgd Vol Lincoln National Life Insurance Company DFE: Pooled Separate Account $45,767
Lvip Mondrian International Value Lincoln National Life Insurance Company DFE: Pooled Separate Account $44,471
Delaware Vip Ltd Term Diverse Inc Lincoln National Life Insurance Company DFE: Pooled Separate Account $36,945
Sa1C American Funds High-Inc Trust Lincoln National Life Insurance Company DFE: Pooled Separate Account $35,678
Lvip Clarion Global Real Estate Lincoln National Life Insurance Company DFE: Pooled Separate Account $28,623
American Funds Growth Fund of Amer Lincoln National Life Insurance Company DFE: Pooled Separate Account $22,714
Delaware Vip Diversified Income Lincoln National Life Insurance Company DFE: Pooled Separate Account $17,828
Lvip Ssga S&P 500 Index Lincoln National Life Insurance Company DFE: Pooled Separate Account $13,353
Lvip Dimensional Core Equity 1 Lincoln National Life Insurance Company DFE: Pooled Separate Account $10,343
Salm Pimco Total Return Lincoln National Life Insurance Company DFE: Pooled Separate Account $6,266
Lvip Vanguard Domestic Equity Etf Lincoln National Life Insurance Company DFE: Pooled Separate Account $4,090
Ssga Russell Lgcap Val Indx Nonlend Lincoln National Life Insurance Company DFE: Pooled Separate Account $3,085
Lvip Ssga Bond Index Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,431
Oppenheimer Developing Markets Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,395
Lvip Vanguard International Eq Etf Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,296
Lvip Ssga Small Cap Index Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,232
Delaware Vip Value Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,230
Sala Ssga Sandp Midcap Index Nl Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,226
Vanguard Lifestrategy Growth Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,211
Ssga Russell All Cap Index Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,203
Mfs Vit Growth Series Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,167
Ssga Russell Small/Mid Cap Index Lincoln National Life Insurance Company DFE: Pooled Separate Account $1,102
Invesco Growth & Income Lincoln National Life Insurance Company DFE: Pooled Separate Account $842
Lvip Ssga International Index Lincoln National Life Insurance Company DFE: Pooled Separate Account $828
Templeton Global Bond Vip Lincoln National Life Insurance Company DFE: Pooled Separate Account $790
Franklin Growth Lincoln National Life Insurance Company DFE: Pooled Separate Account $535
Vanguard Lifestrategy Mod Growth Lincoln National Life Insurance Company DFE: Pooled Separate Account $425
Blackrock Capital Appreciation Lincoln National Life Insurance Company DFE: Pooled Separate Account $385
Lvip Blackrock Inflation Protect Bd Lincoln National Life Insurance Company DFE: Pooled Separate Account $320
Blackrock Energy and Resources Lincoln National Life Insurance Company DFE: Pooled Separate Account $0
Mfs Vit Utilities Series Lincoln National Life Insurance Company DFE: Pooled Separate Account $0
Total $1,597,618

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Lincoln National Life Insurance Company 73
EIN 35-0472300
Industry Code 65676
Contract Number GP82592
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $76
Value in Separate Accounts at Year End $1,597,638
Insurance Fees and Commissions $4,128
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Mml Investors Services LLC 3825 Edwards Road Cincinnati, OH 45209 Agent or Broker other than Insurance $2,760 $460
Msi Financial Services Inc 1295 State St. Springfield, MA 01111 -0001 Agent or Broker other than Insurance $778 $130
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 VAR ANNUITY WITH GUARANTEED FUND
Balance at the end of the previous year $84
Additions $4
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $2
Transferred from separate account $2
Other $0
Total of Balance and Additions $88
Deductions $12
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $12
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $76