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FORM 5500 DATA

QuikTrip Corporation Retirement Plan

Overview

Plan Information

  • Plan Year04/30/2016 — 04/28/2017
  • Date of Plan04/29/1995
  • Net Assets as of 04/28/2017 $1,196,273,465
  • Plan Number3
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program? No
  • Report Description This report is for a short plan year (less than 12 months).
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 04/28/2017

  • Active (Eligible) Participants11,168
  • Retired or separated participants receiving benefits259
  • Other retired or separated participants entitled to future benefits981
  • Subtotal12,408
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits6
  • Total12,414
  • Total number of participants as of 04/30/201612,514
  • Number of participants with account balances12,350
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested963

Expenses

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

Sponsor Information

  • Address4705 South 129th East Avenue
  • CityTulsa
  • StateOK
  • Zip74134
  • Telephone(918) 615-7700
  • EIN73-0675375
  • Industry Code445120
  • Named AdministratorWalter Smith

Audit Information

  • Audit StatusAudited
  • AuditorGrant Thornton LLP
  • Auditor EIN36-6055558
  • 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.
2H Partial participant-directed account plan Participants have the opportunity to direct the investment of a portion of 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.
2O ESOP other than a leveraged ESOP An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.
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.
3I Employer Securities Limitations Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

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 $236,046,773
Contributions $65,248,108
Cash Contributions $65,248,108
Cash from Employers $32,157,439
Cash from Participants $32,582,504
Others (including rollovers) $508,165
Noncash Contributions $0
Total Earnings on Investments $170,798,665
Total Interest $10,855,091
Interest-Bearing Cash $10,130,887
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $724,204
Interest from Other Investments $0
Total Dividends $1,742,639
Preferred Stock $0
Common Stock $1,742,639
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $158,200,935
Real Estate $0
Other $158,200,935
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 $0
Other Income $0
Expenses $59,043,928
Total Benefit Payments $58,982,400
Directly to participants or beneficiaries, including direct rollovers $58,982,400
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $41,576
Certain deemed distributions of participant loans $19,952
Interest expense $0
Total Administrative Expenses $0
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $177,002,845
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

04/28/2017 04/29/2016 Change YOY
Total Assets $1,196,273,465 $1,019,270,620 17.37%
Total noninterest-bearing cash $8,641 $905,347 -99.05%
Receivables $30,856,772 $39,824,547 -22.52%
Employer Contributions $30,278,909 $39,050,816 -22.46%
Participant Contributions $488,039 $541,881 -9.94%
Other Contributions $89,824 $231,850 -61.26%
General Investments $2,455,578 $14,075,351 -82.55%
Interest-bearing cash $2,455,578 $14,075,351 -82.55%
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 $22,081,772 $20,328,519 8.62%
Value of interest in common/collective trusts $12,703,713 $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 $398,992,589 $318,078,628 25.44%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $729,174,400 $626,058,228 16.47%
Employer Securities $729,174,400 $626,058,228 16.47%
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 $1,196,273,465 $1,019,270,620 17.37%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Federated Prime Obligations
  • Western Asset Core Plus Bond
  • Vanguard Target Retirement Income
  • Vanguard Target Retirement 2010
  • Vanguard Target Retirement 2015
  • Vanguard Target Retirement 2025
  • American Funds Washington Mutual
  • Vanguard Institutional Index
  • Vanguard Mid Cap Index
  • Vanguard Target Retirement 2035
  • Vanguard Target Retirement 2045
  • Aberdeen Emerging Mkts Inst'L
  • T Rowe Price Stable Value Fund
  • American Funds Europacific Growth R
  • Vanguard Target Retirement 2020
  • Vanguard Target Retirement 2030
  • Vanguard Target Retirement 2040
  • Vanguard Target Retirement 2050
  • Vanguard Target Retirement 2055
  • Vanguard Target Retirement 2060

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
T. Rowe Price Stable Value Fund Intrust Bank, N.A. DFE: Common/Collective Trust $12,703,713
Total $12,703,713

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.