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FORM 5500 DATA

O'Rourke Companies Profit Sharing 401k Plan

Overview

Plan Information

  • Plan Year10/01/2006 — 09/30/2007
  • Date of Plan09/30/1979
  • Net Assets as of 09/30/2007 $2,891,807
  • 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? No
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 09/30/2007

  • Active (Eligible) Participants122
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits22
  • Subtotal144
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total144
  • Total number of participants as of 10/01/2006115
  • Number of participants with account balances105
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested22
  • Number of participants required to be reported on Schedule SSA4

Expenses

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

Sponsor Information

  • Address223 Mccarty St
  • CityHouston
  • StateTX
  • Zip77029-1137
  • Telephone(713) 672-9666
  • EIN74-1814730
  • Industry Code424700
  • Named AdministratorDennis P. O'Rourke
  • Named Plan SponsorDennis P. O'Rourke

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

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.
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.

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 $500,000
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 at any time hold 20% or more of its assets in any single security, debt, mortgage, parcel of real estate, or partnership/joint venture interest? No $0
Are you claiming a waiver of the annual examination and report of an independent qualified public accountant (IQPA) under 29 CFR 2520.104-46? Yes
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 $604,940
Contributions $0
Cash Contributions $316,234
Cash from Employers $47,450
Cash from Participants $268,517
Others (including rollovers) $267
Noncash Contributions $0
Other Income $288,706
Expenses $197,995
Total Benefit Payments $188,178
Corrective Distributions $0
Certain deemed distributions of participant loans $6,156
Other Expenses $3,661
Net Income $406,945
Transfers of Assets to (from) this Plan $0

Asset and Liability Statement

09/30/2007 09/30/2006 Change YOY
Total Assets $2,891,807 $2,484,862 16.38%
Total Liabilities $0 $0 0.0%
Net Assets $2,891,807 $2,484,862 16.38%

Specific Assets Statement

Held? Amount
Total Specific Assets No $77,386
Partnership/joint venture interests Yes $0
Employer Real Property Yes $0
Real Estate Yes $0
Employer Securities Yes $0
Participant Loans No $77,386
Loans (other than to participants) Yes $0
Tangible Personal Property Yes $0

Service Providers

Service Providers

There are no service providers listed for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Hartford Advantage Tk4 Hartford Life Insurance Company DFE: Pooled Separate Account $1,621,083
Separate Account K4 Hartford Life Insurance Company DFE: Pooled Separate Account $197,685
Total $1,818,768

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Hartford Life Insurance Company 105
EIN 06-0974148
Industry Code 88072
Contract Number 025885
Contract Year 10/01/2006 — 09/30/2007
Value in General Account at Year End $992,844
Value in Separate Accounts at Year End $1,819,487
Insurance Fees and Commissions $10,373
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Linsco Private Ledger Corp. 9785 Towne Centre Dr San Diego, CA 92121 -1968 Insurance Agent or Broker $9,076 $0 N/A
Recordkeeping & Consulting Co 1431 Greenway Drive, Suite 350 Irving, TX 75038 Third Party Administrator $0 $1,297 HARTFORD COMPENSATION
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
Balance at the end of the previous year $782,415
Additions $368,929
Contributions Deposited during the year $53,603
Dividends and credits $0
Interest credited during the year $25,339
Transferred from separate account $281,106
Other $8,881
Total of Balance and Additions $1,151,344
Deductions $158,501
Disbursed from fund to pay benefits or purchase annuities during the year $142,712
Administration charge made by carrier $1,520
Transferred to Separate Account $0
Other $14,269
Balance at the end of the current year $992,843