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Overview

Plan Information

  • Plan Year01/01/2015 — 12/31/2015
  • Date of Plan09/01/1999
  • Net Assets as of 12/31/2015 $4,646,004
  • 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 12/31/2015

  • Active (Eligible) Participants307
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits246
  • Subtotal553
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total554
  • Total number of participants as of 01/01/2015533
  • Number of participants with account balances554
  • 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 AdministratorCraig Miller
  • Named Plan SponsorCraig Miller

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.

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 $821,909
Contributions $895,881
Cash Contributions $895,881
Cash from Employers $411,714
Cash from Participants $383,105
Others (including rollovers) $101,062
Noncash Contributions $0
Total Earnings on Investments $-73,972
Total Interest $10,203
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $8,195
Interest from Other Investments $2,008
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 $-84,175
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 $383,467
Total Benefit Payments $355,139
Directly to participants or beneficiaries, including direct rollovers $355,139
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $13,133
Interest expense $0
Total Administrative Expenses $15,195
Professional Fees $8,989
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $6,206
Net Income $438,442
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2015 12/31/2014 Change YOY
Total Assets $4,646,004 $4,207,562 10.42%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $12,734 $10,811 17.79%
Employer Contributions $7,631 $5,450 40.02%
Participant Contributions $5,103 $5,361 -4.81%
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 $190,859 $176,110 8.37%
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 $3,827,451 $3,761,535 1.75%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $614,960 $259,106 137.34%
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 $4,646,004 $4,207,562 10.42%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Carey Thomas Hoover & Breault Inc
  • 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 $1,236 $0 $1,236
Total $1,236 $0 $1,236

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 Ls Agg Active Strategy John Hancock USA DFE: Pooled Separate Account $719,119
Jh Ls Bal Active Strategy John Hancock USA DFE: Pooled Separate Account $566,572
Jh Ls Grow Active Strategy John Hancock USA DFE: Pooled Separate Account $471,644
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $393,102
Jh Ls Mod Active Strategy John Hancock USA DFE: Pooled Separate Account $231,456
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $127,125
Jh Thru 2035 Active Strategy John Hancock USA DFE: Pooled Separate Account $122,773
Jh Thru 2025 Active Strategy John Hancock USA DFE: Pooled Separate Account $122,584
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $99,750
Jh Thru 2050 Active Strategy John Hancock USA DFE: Pooled Separate Account $99,727
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $96,735
Jh Thru 2045 Active Strategy John Hancock USA DFE: Pooled Separate Account $90,928
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $83,468
500 Index Fund John Hancock USA DFE: Pooled Separate Account $81,184
Jh Thru 2020 Active Strategy John Hancock USA DFE: Pooled Separate Account $66,161
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $63,282
Jh Ls Con Active Strategy John Hancock USA DFE: Pooled Separate Account $59,978
Jh Thru 2055 Active Strategy John Hancock USA DFE: Pooled Separate Account $57,544
Jh Thru 2030 Active Strategy John Hancock USA DFE: Pooled Separate Account $47,454
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $45,520
Small Company Value Fund John Hancock USA DFE: Pooled Separate Account $41,287
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $36,653
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $35,753
Jh Thru 2040 Active Strategy John Hancock USA DFE: Pooled Separate Account $34,371
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $30,845
Utilities Fund John Hancock USA DFE: Pooled Separate Account $30,426
Templeton World John Hancock USA DFE: Pooled Separate Account $29,856
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $27,032
U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $25,265
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $23,204
Global Bond Fund John Hancock USA DFE: Pooled Separate Account $22,417
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $21,037
Investment Company of America John Hancock USA DFE: Pooled Separate Account $20,143
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $17,063
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $13,080
Equity Income Fund John Hancock USA DFE: Pooled Separate Account $12,396
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $11,610
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $10,811
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $10,806
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $10,579
Jh Thru 2010 Active Strategy John Hancock USA DFE: Pooled Separate Account $9,588
American Century Heritage John Hancock USA DFE: Pooled Separate Account $9,447
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $8,859
Jh Thru 2015 Active Strategy John Hancock USA DFE: Pooled Separate Account $8,289
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $6,835
Invesco Small Cap Growth John Hancock USA DFE: Pooled Separate Account $6,113
International Value Fund John Hancock USA DFE: Pooled Separate Account $5,878
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $5,499
T. Rowe Price Spectrum Inc John Hancock USA DFE: Pooled Separate Account $5,212
High Yield Fund John Hancock USA DFE: Pooled Separate Account $5,176
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $5,152
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $5,035
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $4,822
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $4,635
Investment Qual Bond Fund John Hancock USA DFE: Pooled Separate Account $4,171
Natural Resources Fund John Hancock USA DFE: Pooled Separate Account $4,097
Small Cap Growth Fund John Hancock USA DFE: Pooled Separate Account $3,337
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $2,789
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $2,502
Tocqueville Gold Fund John Hancock USA DFE: Pooled Separate Account $1,605
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $453
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $135
U.S. High Yield Bond Fund John Hancock USA DFE: Pooled Separate Account $112
All Cap Core Fund John Hancock USA DFE: Pooled Separate Account $73
Total Return Fund John Hancock USA DFE: Pooled Separate Account $0
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $0
Legg Mason Clearbr Agg Growth John Hancock USA DFE: Pooled Separate Account $0
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $0
Vanguard Mid-Cap Value Etf John Hancock USA DFE: Pooled Separate Account $0
Total $4,220,554

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) 554
EIN 01-0233346
Industry Code 65838
Contract Number 83584
Contract Year 01/01/2015 — 12/31/2015
Value in General Account at Year End $0
Value in Separate Accounts at Year End $4,220,554
Insurance Fees and Commissions $31,828
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Qualified Plan Solutions Lc Po Box 547 Colwich, KS 67030 -0547 Third Party Administrator $0 $17,759 TPA FEES PAID, COMPENSATION AND OTHER ALLOWANCES
Carey Thomas Hoover & Breault Inc 8080 East Central Ave Ste 200 Wichita, KS 67206 -2375 Insurance Agent or Broker $14,069 $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 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