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FORM 5500 DATA

Chattanooga Shooting Supplies, Inc. Profit Sharing Plan

Overview

Plan Information

  • Plan Year07/01/2017 — 06/30/2018
  • Date of Plan01/01/1994
  • Net Assets as of 06/30/2018 $15,930,232
  • 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 06/30/2018

  • Active (Eligible) Participants116
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits28
  • Subtotal144
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total144
  • Total number of participants as of 07/01/2017151
  • Number of participants with account balances136
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested6

Expenses

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

Sponsor Information

  • Address2600 Walker Road
  • CityChattanooga
  • StateTN
  • Zip37421
  • Telephone(423) 894-3007
  • EIN62-1044129
  • Industry Code423910
  • Named AdministratorJon Pickett
  • Named Plan SponsorJon Pickett

Audit Information

  • Audit StatusAudited
  • AuditorPension Assurance LLP
  • Auditor EIN30-0840934
  • 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.
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.

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 $600,000
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 $3,365,506
Contributions $2,250,113
Cash Contributions $2,250,113
Cash from Employers $274,643
Cash from Participants $414,085
Others (including rollovers) $1,561,385
Noncash Contributions $0
Total Earnings on Investments $1,109,472
Total Interest $2,271
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,271
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 $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 $1,107,201
Other Income $5,921
Expenses $537,751
Total Benefit Payments $528,842
Directly to participants or beneficiaries, including direct rollovers $528,842
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 $8,909
Professional Fees $350
Contract Administrator Fees $785
Investment Advisory and management fees $7,774
Other Administrative Fees $0
Net Income $2,827,755
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

06/30/2018 06/30/2017 Change YOY
Total Assets $15,930,232 $13,102,477 21.58%
Total noninterest-bearing cash $349 $9,824 -96.45%
Receivables $274,643 $132,308 107.58%
Employer Contributions $274,643 $132,308 107.58%
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 $44,298 $52,315 -15.32%
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 $15,610,942 $12,908,030 20.94%
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 $15,930,232 $13,102,477 21.58%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Insurance Co USA

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
John Hancock Life Insurance Co USA Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Soft dollars commissions Service Provider $785 $0 $785
Total $785 $0 $785

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
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $1,658,972
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $1,288,115
Ft Founding Alloc G.I.F.L. John Hancock USA DFE: Pooled Separate Account $1,148,178
American Funds 2030 Td John Hancock USA DFE: Pooled Separate Account $1,030,113
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $909,925
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $880,534
Lifestyle Balanced G.I.F.L. John Hancock USA DFE: Pooled Separate Account $795,129
Money Market Fund John Hancock USA DFE: Pooled Separate Account $768,038
Lifestyle Growth G.I.F.L. John Hancock USA DFE: Pooled Separate Account $615,821
Capital Income Builder John Hancock USA DFE: Pooled Separate Account $544,556
American Funds 2035 Td John Hancock USA DFE: Pooled Separate Account $473,781
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $445,945
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $413,732
Fundamental Large Cap Value John Hancock USA DFE: Pooled Separate Account $407,693
Vanguard Explorer Fund John Hancock USA DFE: Pooled Separate Account $378,835
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $369,099
Jh Bond Fund John Hancock USA DFE: Pooled Separate Account $365,250
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $345,708
American Funds 2025 Td John Hancock USA DFE: Pooled Separate Account $267,887
500 Index Fund John Hancock USA DFE: Pooled Separate Account $253,331
American Funds 2020 Td John Hancock USA DFE: Pooled Separate Account $235,543
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $218,592
Vanguard Small Cap Value Index John Hancock USA DFE: Pooled Separate Account $199,583
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $189,001
Smallcap World Fund John Hancock USA DFE: Pooled Separate Account $167,960
Us Government Securities John Hancock USA DFE: Pooled Separate Account $161,971
Income Fund of America John Hancock USA DFE: Pooled Separate Account $156,040
The Investment Company of America John Hancock USA DFE: Pooled Separate Account $130,505
Capital World Growth & Income John Hancock USA DFE: Pooled Separate Account $111,957
American Funds 2045 Td John Hancock USA DFE: Pooled Separate Account $110,068
American Funds 2050 Td John Hancock USA DFE: Pooled Separate Account $108,862
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $105,183
American Funds 2040 Td John Hancock USA DFE: Pooled Separate Account $62,973
Total Bond Market Fund John Hancock USA DFE: Pooled Separate Account $47,695
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $47,656
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $39,954
New Perspective Fund John Hancock USA DFE: Pooled Separate Account $29,734
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $26,719
High Yield Fund John Hancock USA DFE: Pooled Separate Account $22,443
Real Estate Securities Fund John Hancock USA DFE: Pooled Separate Account $15,697
Vanguard Small Cap Growth Index Fd John Hancock USA DFE: Pooled Separate Account $11,397
American Funds 2060 Td John Hancock USA DFE: Pooled Separate Account $9,888
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $7,986
Utilities Fund John Hancock USA DFE: Pooled Separate Account $7,296
American Funds 2055 Td John Hancock USA DFE: Pooled Separate Account $6,785
Natural Resources Fund John Hancock USA DFE: Pooled Separate Account $5,063
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $5,052
Real Return Bond Fund John Hancock USA DFE: Pooled Separate Account $2,821
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $2,684
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $2,425
Vanguard Short-Term Federal John Hancock USA DFE: Pooled Separate Account $481
American Funds 2015 Td John Hancock USA DFE: Pooled Separate Account $286
Oppenheimer Intl Bond John Hancock USA DFE: Pooled Separate Account $0
Investment Qual Bond Fund John Hancock USA DFE: Pooled Separate Account $0
Value Fund John Hancock USA DFE: Pooled Separate Account $0
Total $15,610,942

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company USA 151
EIN 01-0233346
Industry Code 65838
Contract Number 92662
Contract Year 07/01/2017 — 06/30/2018
Value in General Account at Year End $15,610,942
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $50,497
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Raymond James & Assoc 880 Carillion Pkwy St Petersburg, FL 33716 Investment Manager/Adviser $0 $42,463 RIA FEES
Chandler & Associates, Pc P.O. Box 130 Zebulon, GA 30295 Third Party Administrator $0 $8,034 TPA FEES / COMPENSATION / OTHER
Allocated Funds
Type of Contract Group Deferred Annuity
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