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Overview

Plan Information

  • Plan Year01/01/2012 — 12/31/2012
  • Date of Plan09/01/1999
  • Net Assets as of 12/31/2012 $3,792,463
  • 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 12/31/2012

  • Active (Eligible) Participants222
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits167
  • Subtotal389
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total389
  • Total number of participants as of 01/01/2012350
  • Number of participants with account balances389
  • 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(316) 201-4210
  • EIN74-2850413
  • Industry Code312110
  • Named AdministratorCraig Miller
  • Named Plan SponsorCraig Miller

Plan Administrator Information

  • Administrator NameKan-Pak, L.L.C.
  • Address1016 S. Summit Street
  • CityArkansas City
  • StateKS
  • Zip67005-3339
  • Telephone(316) 201-4210
  • Administrator EIN74-2850413

Audit Information

  • Audit StatusAudited
  • AuditorMcgladrey LLP
  • Auditor EIN42-0714325
  • 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.
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.
3B Self-Employed Plan Plan covering Self-Employed individuals.
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? Yes $5,162
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 $380,000
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 $936,744
Contributions $562,173
Cash Contributions $562,173
Cash from Employers $263,698
Cash from Participants $295,337
Others (including rollovers) $3,138
Noncash Contributions $0
Total Earnings on Investments $374,571
Total Interest $10,541
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $10,541
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 $0
Net investment gain (loss) from pooled separate accounts $364,030
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 $611,608
Total Benefit Payments $606,646
Directly to participants or beneficiaries, including direct rollovers $606,646
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $4,962
Professional Fees $4,962
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $325,136
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2012 12/31/2011 Change YOY
Total Assets $3,792,463 $3,467,327 9.38%
Total noninterest-bearing cash $10,638 $0 0.0%
Receivables $8,133 $6,841 18.89%
Employer Contributions $4,620 $3,631 27.24%
Participant Contributions $3,513 $3,210 9.44%
Other Contributions $0 $0 0.0%
General Investments $701,969 $350,179 100.46%
Interest-bearing cash $701,969 $350,179 100.46%
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 $261,460 $220,713 18.46%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,593,808 $2,672,545 -2.95%
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 $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $216,455 $217,049 -0.27%
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 $3,792,463 $3,467,327 9.38%

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
John Hancock Life Insurance Co 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 Recordkeeping $1,346 $0 $1,346
Total $1,346 $0 $1,346

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
Money Market Fund John Hancock USA DFE: Pooled Separate Account $701,969
Lifestyle Aggressive John Hancock USA DFE: Pooled Separate Account $393,275
Lifestyle Balanced John Hancock USA DFE: Pooled Separate Account $368,570
Lifestyle Growth John Hancock USA DFE: Pooled Separate Account $332,312
Retirement Living At 2025 John Hancock USA DFE: Pooled Separate Account $289,474
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $180,144
Lifestyle Moderate John Hancock USA DFE: Pooled Separate Account $146,840
Lifestyle Conservative John Hancock USA DFE: Pooled Separate Account $73,772
Utilities Fund John Hancock USA DFE: Pooled Separate Account $70,102
T. Rowe Price Health Science John Hancock USA DFE: Pooled Separate Account $62,096
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $50,470
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $39,596
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $37,070
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $32,761
Small Company Value Fund John Hancock USA DFE: Pooled Separate Account $32,216
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $32,008
Global Bond Fund John Hancock USA DFE: Pooled Separate Account $29,824
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $29,111
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $28,100
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $26,090
Templeton World John Hancock USA DFE: Pooled Separate Account $23,726
Energy John Hancock USA DFE: Pooled Separate Account $21,867
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $21,859
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $20,979
U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $17,536
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $17,364
Invest Qual Bond Fund John Hancock USA DFE: Pooled Separate Account $17,227
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $16,251
Equity Income Fund John Hancock USA DFE: Pooled Separate Account $16,172
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $15,154
Growth Index Fund John Hancock USA DFE: Pooled Separate Account $14,315
Financial Services Fund John Hancock USA DFE: Pooled Separate Account $12,530
Growth Fund of America John Hancock USA DFE: Pooled Separate Account $12,502
Small Cap Growth Index John Hancock USA DFE: Pooled Separate Account $12,292
Ssga Mid Growth Index Fund John Hancock USA DFE: Pooled Separate Account $11,627
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $11,221
Investment Company of America John Hancock USA DFE: Pooled Separate Account $9,770
Short-Term Federal John Hancock USA DFE: Pooled Separate Account $9,049
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $6,732
Natural Resources Fund John Hancock USA DFE: Pooled Separate Account $6,506
American Century Heritage John Hancock USA DFE: Pooled Separate Account $5,175
Davis New York Venture John Hancock USA DFE: Pooled Separate Account $4,891
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $4,647
International Value Fund John Hancock USA DFE: Pooled Separate Account $4,535
Real Estate Securities Fund John Hancock USA DFE: Pooled Separate Account $4,042
Inv Small Cap Growth John Hancock USA DFE: Pooled Separate Account $3,399
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $3,174
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $3,149
Total Return Fund John Hancock USA DFE: Pooled Separate Account $3,143
Pimco Global Bond John Hancock USA DFE: Pooled Separate Account $3,095
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $2,650
High Yield Fund John Hancock USA DFE: Pooled Separate Account $1,871
Fidelity Advisor Gold Fund John Hancock USA DFE: Pooled Separate Account $1,335
Retirement Living At 2015 John Hancock USA DFE: Pooled Separate Account $190
Total $3,295,775

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company 409
EIN 01-0233346
Industry Code 65838
Contract Number 83584
Contract Year 01/01/2012 — 12/31/2012
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $11,423
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Carey Thomas Hoover Breault Inc. 8080 East Central, Suite 200 Wichita, KS 67206 Insurance Agent or Broker $11,088 $0
Fidelity Management & Research Co 155 Congress St. Boston, MA 02110 Investment Company/Mutual Fund $0 $335 REDEMPTION FEES
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