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Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/1995
  • Net Assets as of 12/31/2019 $3,349,568
  • 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 ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants72
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits6
  • Subtotal79
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total79
  • Total number of participants as of 01/01/2019211
  • Number of participants with account balances75
  • 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

  • AddressPo Box 1148
  • CityPryor
  • StateOK
  • Zip74362
  • Telephone(918) 824-0800
  • EIN73-1027440
  • Industry Code333200
  • Named AdministratorRandi Adams
  • Named Plan SponsorRandi Adams

Audit Information

  • Audit StatusAudited
  • AuditorStotts Archambo Mueggenborg & Barcl
  • Auditor EIN47-1209122
  • Audit OpinionUnqualified
  • Audit Type Full 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.
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? No
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 $908,790
Contributions $272,513
Cash Contributions $272,513
Cash from Employers $116
Cash from Participants $205,645
Others (including rollovers) $66,752
Noncash Contributions $0
Total Earnings on Investments $636,277
Total Interest $29,272
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $14,259
Interest from Other Investments $15,013
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 $607,005
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 $563,573
Total Benefit Payments $518,978
Directly to participants or beneficiaries, including direct rollovers $518,978
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $17,257
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $27,338
Professional Fees $0
Contract Administrator Fees $3,736
Investment Advisory and management fees $17,510
Other Administrative Fees $6,092
Net Income $345,217
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $3,349,568 $3,004,351 11.49%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
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 $201,334 $225,454 -10.70%
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 $2,583,298 $2,282,188 13.19%
Value of funds held in insurance co. general account $564,936 $496,709 13.74%
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 $3,349,568 $3,004,351 11.49%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

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
Massachusetts Mutual Life Ins. Co. Other services, Investment management fees paid indirectly by plan, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Recordkeeping fees, Other insurance wrap fees, Soft dollars commissions, Other investment fees and expenses Contract Administrator $27,338 $0 $27,338
American Century Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
American Funds Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Fidelity Advisor Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Invesco Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Invesco Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Invesco Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Invesco Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Mfs Investment Management Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
T. Rowe Price Investment management fees paid indirectly by plan Investment Provider $0 $0 $0
Total $27,338 $0 $27,338

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Massachusetts Mutual Life Ins. Co. Mm Retiresmart Byjpm Inretirementii Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mm Retiresmart By Jpm 2020 II Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mm Retiresmart By Jpm 2030 II Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Prm Cr Val Eq Baringsbrndywntrp Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Int'L New Discovery Mfs Distribution (12b-1) fees, Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Int'L Equity Invesco Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Core Bond Barings Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Leveraged Co Stckfidelity Advisor Distribution (12b-1) fees, Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mm S&P 500 Index Northern Trust Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier High Yield Barings Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Cptl Appn II Invesco Oppenheimer Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Discovery Invesco Oppenheimer Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Millennium Trust Company, LLC Other services Referral Fee $0
Massachusetts Mutual Life Ins. Co. Growth Investors American Century Other insurance wrap fees, Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Ultra American Century Other insurance wrap fees, Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select 2080 Allocation Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select 8020 Allocation Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Main Street Invesco Other investment fees and expenses, Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. New Horizons T. Rowe Price Other insurance wrap fees, Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Growth America American Distribution (12b-1) fees, Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Main Street Invesco Oppenheimer Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Global Opps Invesco Oppenheimer Sub-transfer agency fees Basis Points * Plan Assets $0
American Century Growth Investors American Century Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
American Century Ultra American Century Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
American Funds Growth America American Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Fidelity Advisor Leveraged Co Stckfidelity Advisor Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Invesco Global Opps Invesco Oppenheimer Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Invesco Cptl Appn II Invesco Oppenheimer Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Invesco Discovery Invesco Oppenheimer Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Invesco Main Street Invesco Oppenheimer Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
Mfs Investment Management Int'L New Discovery Mfs Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
T. Rowe Price New Horizons T. Rowe Price Investment management fees paid indirectly by plan Basis Points * Plan Assets $0
*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
Sia-W4 New Horizons Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $327,111
Sia-X Mm S&P 500 Index Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $294,867
Sia-W6 Growth Investors Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $201,499
Sia-N3 Discovery Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $183,835
Sia-Bp Mm Retiresmart By Jpm 2020 I Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $176,621
Sia-E Premier Core Bond Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $161,084
Sia-Vi Leveraged Co Stck Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $150,431
Sia-Nh Global Opps Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $150,374
Sia-I Premier Int'L Equity Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $145,331
Sia-W7 Ultra Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $144,122
Sia-Gw Growth America Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $128,080
Sia-Ba Mm Retiresmart By Jpm 2030 I Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $95,653
Sia-A Prm Cr Val Eq Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $77,251
Sia-Bc Mm Retiresmart Byjpm Inretir Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $71,084
Sia-N5 Premier Main Street Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $67,821
Sia-Wr Int'L New Discovery Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $62,199
Sia-N1 Main Street Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $53,355
Sia-Dh Premier High Yield Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $28,738
Sia-Ne Cptl Appn II Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $28,720
Sia-D1 Select 20/80 Allocation Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $19,789
Sia-D4 Select 80/20 Allocation Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $15,334
Total $2,583,299

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Massachusetts Mutual Life Insurance Company 79
EIN 04-1590850
Industry Code 65935
Contract Number FL 6900
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $0
Value in Separate Accounts at Year End $2,583,298
Insurance Fees and Commissions $9,024
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Dennis Mack Jones 3139 S Atlanta Ave Tulsa, OK 74105 Insurance Agent or Broker $9,024 $0
Allocated Funds
Type of Contract Unspecified
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 GROUP ANNUITY CONTRACT
Balance at the end of the previous year $496,710
Additions $409,457
Contributions Deposited during the year $205,761
Dividends and credits $0
Interest credited during the year $15,012
Transferred from separate account $13,543
Other $175,141
Total of Balance and Additions $906,167
Deductions $341,231
Disbursed from fund to pay benefits or purchase annuities during the year $72,344
Administration charge made by carrier $10,135
Transferred to Separate Account $246,827
Other $11,925
Balance at the end of the current year $564,936