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Ainsworth Pet Nutrition, LLC
Plan RatingFORM 5500 DATA
Overview
Plan Information
- Plan Year01/01/2016 — 12/31/2016
- Date of Plan10/25/1961
- Net Assets as of 12/31/2016 $52,652,198
- 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 Arrangement Trust
- Plan Benefit Arrangement Trust
Participant Information as of 12/31/2016
- Active (Eligible) Participants445
- Retired or separated participants receiving benefits5
- Other retired or separated participants entitled to future benefits111
- Subtotal561
- Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
- Total561
- Total number of participants as of 01/01/2016509
- Number of participants with account balances552
- Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested47
Expenses
- Total Benefit Payments$0
- Corrective Distributions$0
- Administrative Service Providers$0
- Other Expenses$0
- Total Expenses$0
- Total Transfers$0
Sponsor Information
- Address984 Water Street
- CityMeadville
- StatePA
- Zip16335
- Telephone(814) 724-7710
- EIN46-5440941
- Industry Code311110
- Named AdministratorStephanie Davis
Audit Information
- Audit StatusAudited
- AuditorBkd,LLP
- Auditor EIN44-0160260
- 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. |
2R | Brokerage Window | Participant-directed brokerage accounts provided as an investment option under the plan. |
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. |
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 | $9,849,811 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Expenses | $4,630,919 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Net Income | $5,218,892 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Asset and Liability Statement
12/31/2016 | 12/31/2015 | Change YOY | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total Assets | $52,652,198 | $47,433,306 | 11.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total Liabilities | $0 | $0 | 0.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Net Assets | $52,652,198 | $47,433,306 | 11.00% |
Service Providers
Persons Receiving Only Eligible Indirect Compensation
- Fidelity Investments Institutional
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 |
---|---|---|---|---|---|
Rbc Wealth Mgmt A Div of Rbc Cap M | Other commissions | Advisor | $0 | $67,014 | $67,014 |
Fidelity Investments Institutional | Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees | Recordkeeper | $-6,692 | $0 | $-6,692 |
Total | $-6,692 | $67,014 | $60,322 |
Indirect Compensation
Name | Source of Indirect Compensation* | Nature of Service | Description of Indirect Compensation | Indirect Compensation Paid by Plan |
---|---|---|---|---|
Fidelity Investments Institutional | Nuveen Small Cap Value Class A | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Asg Managed Futures Stratey Fund Cl | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Oakmark Internatl Small Cap I | Sub-transfer agency fees | 0.35% | $0 |
Fidelity Investments Institutional | Harding Loevner Intl Equity Port In | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Harding Loevner Emerg Mrkts Port Ad | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Goldman Sachs Mlp Energy Infrstctr | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Gateway Fund Class A | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Blackrock Interntl Index Fd Cl A | Sub-transfer agency fees | 0.30% | $0 |
Fidelity Investments Institutional | Amg River Road Long Short Class N | Sub-transfer agency fees | 0.40% | $0 |
Fidelity Investments Institutional | Blkrk Intl Opp A - Bny Mellon Inv | Sub-transfer agency fees | 0.25% | $0 |
Fidelity Investments Institutional | Invs Asia Pac Gr A - Invesco Canad | Sub-transfer agency fees | 0.35% | $0 |
Fidelity Investments Institutional | Mfs Intl New Disc R3 - Mfs Service | Sub-transfer agency fees | 0.25% | $0 |
Fidelity Investments Institutional | Mfs Mid Cap Value R3 - Mfs Service | Sub-transfer agency fees | 0.25% | $0 |
Fidelity Investments Institutional | Mfs Value R3 - Mfs Service Center | Sub-transfer agency fees | 0.25% | $0 |
Fidelity Investments Institutional | Pim Total Return A - Boston Financ | Sub-transfer agency fees | 0.25% | $0 |
Fidelity Investments Institutional | Vrs Partners A - Fis Investor Serv | Sub-transfer agency fees | 0.25% | $0 |
Rbc Wealth Mgmt A Div of Rbc Cap M | National Financial Services LLC | Other commissions | $67,014 | |
*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 |
---|---|---|---|
Fa Stable Value | Fidelity Management Trust Company | DFE: Common/Collective Trust | $8,047,457 |
Total | $8,047,457 |
Insurance Information
Insurance Information
There are no insurance carriers listed for this plan.