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FORM 5500 DATA

Woodard Cleaning & Restoration, Inc. 401k Plan & Trust

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan04/01/1984
  • Net Assets as of 12/31/2017 $6,224,817
  • 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?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2017

  • Active (Eligible) Participants172
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits18
  • Subtotal190
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total190
  • Total number of participants as of 01/01/2017175
  • Number of participants with account balances130
  • 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

  • Address2647 Rock Hill Industrial Ct.
  • CitySt. Louis
  • StateMO
  • Zip63144-2139
  • Telephone(314) 961-4055
  • EIN81-4551699
  • Industry Code812320
  • Named AdministratorDeborah Bogar

Audit Information

  • Audit StatusAudited
  • AuditorCliftonlarsonallen, LLP
  • Auditor EIN41-0746749
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
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.
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.

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 $1,000,000
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
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 $1,208,301
Contributions $359,333
Cash Contributions $359,333
Cash from Employers $0
Cash from Participants $359,333
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $418,620
Total Interest $646
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $646
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 $417,974
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 $0
Other Income $430,348
Expenses $137,101
Total Benefit Payments $72,815
Directly to participants or beneficiaries, including direct rollovers $72,815
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $18,543
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $45,743
Professional Fees $0
Contract Administrator Fees $45,743
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $1,071,200
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 $6,243,360 $5,181,083 20.50%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $500 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $500 $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 $12,891 $16,162 -20.24%
Value of interest in common/collective trusts $3,769,444 $3,186,552 18.29%
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 $2,460,525 $1,978,369 24.37%
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 $18,543 $27,466 -32.49%
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) $18,543 $27,466 -32.49%
Net Assets $6,224,817 $5,153,617 20.79%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Retirement Plan Services, LLC
  • Charles Schwab Bank

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
Retirement Plan Services, LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (pension), Custodial (securities), Investment advisory (plan), Participant loan processing, Participant communication NONE $27,292 $0 $27,292
Moneta Group, LLC Investment advisory (participants), Investment advisory (plan), Investment management, Named fiduciary, Participant communication, Direct payment from the plan, Investment management fees paid directly by plan NONE $18,448 $0 $18,448
Total $45,740 $0 $45,740

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
Ssga S&P 500 Index Nl Series Cl N State Street Global Advisors (Ssga) DFE: Common/Collective Trust $793,623
Smart 2020 The Charles Schwab Trust Co. DFE: Common/Collective Trust $758,451
Smart 2030 The Charles Schwab Trust Co. DFE: Common/Collective Trust $510,162
Wells Fargo Stable Value Fund C Wells Fargo Bank, N.A. DFE: Common/Collective Trust $452,577
Retirement Advocate Conservative Fd Td Ameritrade Trust Co. DFE: Common/Collective Trust $404,307
Global Tr Irm Core Bd Collective A Global Trust Company DFE: Common/Collective Trust $253,295
Retirement Advocate Aggressive Fund Td Ameritrade Trust Co. DFE: Common/Collective Trust $227,463
Smart 2040 The Charles Schwab Trust Co. DFE: Common/Collective Trust $181,044
Smart 2050 The Charles Schwab Trust Co. DFE: Common/Collective Trust $78,881
Retirement Advocate Moderate Fund Td Ameritrade Trust Co. DFE: Common/Collective Trust $56,133
Retirement Adv Mod Aggressive Fund Td Ameritrade Trust Co. DFE: Common/Collective Trust $32,319
Smart 2010 The Charles Schwab Trust Co. DFE: Common/Collective Trust $12,037
Retirement Advocate Mod Conserv Fd Td Ameritrade Trust Co. DFE: Common/Collective Trust $5,028
Schwab Managed Retirement Inc Cl IV The Charles Schwab Trust Co. DFE: Common/Collective Trust $4,127
Total $3,769,447

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.