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FORM 5500 DATA

AAA Cooper Transportation Employees' 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2006 — 12/31/2006
  • Date of Plan01/01/1973
  • Net Assets as of 12/31/2006 $163,125,051
  • 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? No
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2006

  • Active (Eligible) Participants4,510
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits332
  • Subtotal4,842
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total4,842
  • Total number of participants as of 01/01/20064,595
  • Number of participants with account balances4,242
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested46
  • Number of participants required to be reported on Schedule SSA97

Expenses

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

Sponsor Information

  • Address1751 Kinsey Rd
  • CityDothan
  • StateAL
  • Zip36303-5877
  • Telephone(334) 793-2284
  • EIN63-0364620
  • Industry Code484120
  • Named AdministratorEm Ko
  • Named Plan Sponsor\Ewqrs,

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorMcDaniel & Associates
  • Auditor EIN63-0921974
  • 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.
3J Puerto Rico Plan U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 8565 of the Puerto Rico Code.

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 $5,000,000
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

Financials

Income and Expense Statement

Income $35,921,526
Contributions $17,964,625
Cash Contributions $17,964,625
Cash from Employers $6,831,149
Cash from Participants $10,713,268
Others (including rollovers) $420,208
Noncash Contributions $0
Total Earnings on Investments $17,915,555
Total Interest $763,451
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $763,451
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 $2,904,912
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 $14,247,192
Other Income $41,346
Expenses $11,005,779
Total Benefit Payments $10,774,912
Directly to participants or beneficiaries, including direct rollovers $10,774,912
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $15,142
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $215,725
Professional Fees $10,670
Contract Administrator Fees $0
Investment Advisory and management fees $86,224
Other Administrative Fees $118,831
Net Income $24,915,747
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2006 12/31/2005 Change YOY
Total Assets $163,125,051 $138,502,459 17.78%
Total noninterest-bearing cash $121 $1,009 -88.01%
Receivables $4,017,311 $38,452 10347.60%
Employer Contributions $3,755,546 $0 0.0%
Participant Contributions $203,540 $0 0.0%
Other Contributions $58,225 $38,452 51.42%
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 $704 $358 96.65%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $11,092,951 $9,919,660 11.83%
Value of interest in common/collective trusts $38,128,616 $29,691,562 28.42%
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 $107,714,306 $96,788,356 11.29%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $2,171,042 $2,063,062 5.23%
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 $293,155 -100.00%
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 $293,155 -100.00%
Net Assets $163,125,051 $138,209,304 18.03%

Service Providers

Service Providers

Name Nature of Service Relationship to Plan Sponsor Gross Salary or Allowances Paid by Plan Fees and Commissions Paid by Plan Total Salary/Fees
Schwab Retirement Plan Services Other $0 $118,831 $118,831
Welch Hornsby & Welch Investment Advisor $0 $85,526 $85,526
Cabaniss Johnston Gardner Legal $0 $6,068 $6,068
McDaniel & Associates Accounting $0 $5,300 $5,300
Total $0 $215,725 $215,725

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Schwab Stable Value Fund Charles Schwab DFE: Common/Collective Trust $12,030,971
Schwab Managed Retirement 2020 Charles Schwab DFE: Common/Collective Trust $8,075,759
Schwab Managed Retirement 2030 Charles Schwab DFE: Common/Collective Trust $7,152,567
Schwab Managed Retirement 2010 Charles Schwab DFE: Common/Collective Trust $5,569,123
Schwab Managed Retirement 2040 Charles Schwab DFE: Common/Collective Trust $4,706,761
Schwabe Managed Retirement Inc Charles Schwab DFE: Common/Collective Trust $593,435
Total $38,128,616

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.