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Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan09/01/1999
  • Net Assets as of 12/31/2018 $6,382,282
  • 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?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2018

  • Active (Eligible) Participants419
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits102
  • Subtotal521
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total521
  • Total number of participants as of 01/01/2018529
  • Number of participants with account balances521
  • 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

  • Address1016 S. Summit Street
  • CityArkansas City
  • StateKS
  • Zip67005-3339
  • Telephone(620) 442-6820
  • EIN74-2850413
  • Industry Code312110
  • Named AdministratorCarla Dewalt
  • Named Plan SponsorCarla Dewalt

Audit Information

  • Audit StatusAudited
  • AuditorRsm Us LLP
  • Auditor EIN42-0714325
  • 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.
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.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

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 $15,000,000
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 $770,106
Contributions $1,178,376
Cash Contributions $1,178,376
Cash from Employers $552,399
Cash from Participants $521,409
Others (including rollovers) $104,568
Noncash Contributions $0
Total Earnings on Investments $-412,508
Total Interest $20,863
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $18,195
Interest from Other Investments $2,668
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 $-433,371
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 $4,238
Expenses $1,230,098
Total Benefit Payments $1,186,907
Directly to participants or beneficiaries, including direct rollovers $1,186,907
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $11,955
Interest expense $0
Total Administrative Expenses $31,236
Professional Fees $16,452
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $14,784
Net Income $-459,992
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2018 12/31/2017 Change YOY
Total Assets $6,382,282 $6,842,274 -6.72%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $476 $21,304 -97.77%
Employer Contributions $476 $13,714 -96.53%
Participant Contributions $0 $7,590 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 $337,011 $339,826 -0.83%
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 $5,903,896 $5,826,317 1.33%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $140,899 $654,827 -78.48%
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 $6,382,282 $6,842,274 -6.72%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Kestra Investment Services LLC
  • Qualified Plan Solutions Lc

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
John Hancock Life Ins Co (U.S.A.) Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Other insurance wrap fees, Soft dollars commissions NONE $2,082 $0 $2,082
Total $2,082 $0 $2,082

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
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $758,697
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $605,232
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $518,390
Jh Multimanager 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $282,726
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $269,630
Jh Multimanager 2035 Lifetime John Hancock USA DFE: Pooled Separate Account $240,885
Jh Multimanager 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $230,803
Jh Multimanager 2050 Lifetime John Hancock USA DFE: Pooled Separate Account $206,062
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $198,002
Jh Multimanager 2020 Lifetime John Hancock USA DFE: Pooled Separate Account $190,030
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $182,508
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $182,458
Jh Multimanager 2055 Lifetime John Hancock USA DFE: Pooled Separate Account $156,836
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $140,899
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $128,711
U.S. Growth Fund John Hancock USA DFE: Pooled Separate Account $122,549
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $121,888
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $120,531
Jh Multimanager 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $118,374
Jh Multimanager 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $105,037
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $97,453
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $87,044
Jh Multimanager 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $85,038
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $83,933
Invesco Small Cap Growth John Hancock USA DFE: Pooled Separate Account $74,474
500 Index Fund John Hancock USA DFE: Pooled Separate Account $68,060
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $61,158
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $54,141
Equity Income Fund John Hancock USA DFE: Pooled Separate Account $52,275
Small Company Value Fund John Hancock USA DFE: Pooled Separate Account $49,215
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $40,512
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $38,008
Utilities Fund John Hancock USA DFE: Pooled Separate Account $37,540
Templeton World John Hancock USA DFE: Pooled Separate Account $37,495
Investment Company of America John Hancock USA DFE: Pooled Separate Account $31,670
Global Bond Fund John Hancock USA DFE: Pooled Separate Account $28,633
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $26,904
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $23,225
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $18,437
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $14,850
American Century Heritage John Hancock USA DFE: Pooled Separate Account $12,378
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $10,098
Total Bond Market Fund John Hancock USA DFE: Pooled Separate Account $9,090
High Yield Fund John Hancock USA DFE: Pooled Separate Account $8,966
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $8,924
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $8,555
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $8,267
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $8,262
John Hancock Intl Growth John Hancock USA DFE: Pooled Separate Account $8,010
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $7,391
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $7,075
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $6,895
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $6,341
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $6,180
Small Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $5,983
Tocqueville Gold Fund John Hancock USA DFE: Pooled Separate Account $4,754
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $3,458
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $2,692
New Opportunities Fund John Hancock USA DFE: Pooled Separate Account $2,450
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $2,438
Vanguard Small Cap Value Index John Hancock USA DFE: Pooled Separate Account $2,432
U.S. High Yield Bond Fund John Hancock USA DFE: Pooled Separate Account $2,423
Jh Multimanager 2010 Lifetime John Hancock USA DFE: Pooled Separate Account $2,422
Jpmorgan U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $1,500
International Value Fund John Hancock USA DFE: Pooled Separate Account $1,248
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $1,197
Real Return Bond Fund John Hancock USA DFE: Pooled Separate Account $956
T. Rowe Price Spectrum Inc John Hancock USA DFE: Pooled Separate Account $898
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $790
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $668
Pimco All Asset John Hancock USA DFE: Pooled Separate Account $575
Fundamental All Cap Core Fund John Hancock USA DFE: Pooled Separate Account $484
Dfa International Value John Hancock USA DFE: Pooled Separate Account $222
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $218
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $160
John Hancock Bond Fund John Hancock USA DFE: Pooled Separate Account $82
Natural Resources Fund John Hancock USA DFE: Pooled Separate Account $0
T. Rowe Price New Era Fund John Hancock USA DFE: Pooled Separate Account $0
Total $6,044,795

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) 521
EIN 01-0233346
Industry Code 65838
Contract Number 83584
Contract Year 01/01/2018 — 12/31/2018
Value in General Account at Year End $0
Value in Separate Accounts at Year End $6,044,795
Insurance Fees and Commissions $40,769
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Kestra Investment Services LLC 8080 East Central Ave Ste 200 Wichita, KS 67206 -2375 Insurance Agent or Broker $20,909 $0 BROKER COMMISSION
Qualified Plan Solutions Lc Po Box 547 Colwich, KS 67030 -0547 Third Party Administrator $0 $19,860 TPA FEES PAID, TPA 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 Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0