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Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan09/01/1999
  • Net Assets as of 12/31/2017 $6,842,274
  • 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 12/31/2017

  • Active (Eligible) Participants386
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits105
  • Subtotal491
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total491
  • Total number of participants as of 01/01/2017504
  • Number of participants with account balances491
  • 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 $1,945,152
Contributions $1,013,278
Cash Contributions $1,013,278
Cash from Employers $524,331
Cash from Participants $488,947
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $908,913
Total Interest $17,442
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $14,723
Interest from Other Investments $2,719
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 $891,471
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 $22,961
Expenses $408,688
Total Benefit Payments $374,418
Directly to participants or beneficiaries, including direct rollovers $374,418
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $10,081
Interest expense $0
Total Administrative Expenses $24,189
Professional Fees $17,854
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $6,335
Net Income $1,536,464
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $6,842,274 $5,308,108 28.90%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $21,304 $17,270 23.36%
Employer Contributions $13,714 $10,084 36.00%
Participant Contributions $7,590 $7,186 5.62%
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 $339,826 $291,369 16.63%
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 $5,826,317 $4,448,047 30.99%
Value of funds held in insurance co. general account $0 $2,298 0.0%
Other Investments $654,827 $549,124 19.25%
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 $2,298 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $2,298 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $6,842,274 $5,305,810 28.96%

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 $1,992 $0 $1,992
Total $1,992 $0 $1,992

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 $744,039
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $712,334
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $598,298
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $392,698
Jh Multimanager 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $269,997
Jh Multimanager 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $218,432
Jh Multimanager 2035 Lifetime John Hancock USA DFE: Pooled Separate Account $215,871
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $188,967
Jh Multimanager 2050 Lifetime John Hancock USA DFE: Pooled Separate Account $175,685
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $160,732
Jh Multimanager 2020 Lifetime John Hancock USA DFE: Pooled Separate Account $160,428
Jh Multimanager 2055 Lifetime John Hancock USA DFE: Pooled Separate Account $153,916
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $152,053
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $137,436
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $132,960
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $119,950
500 Index Fund John Hancock USA DFE: Pooled Separate Account $118,829
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $115,187
U.S. Growth Fund John Hancock USA DFE: Pooled Separate Account $114,794
Jh Multimanager 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $112,360
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $95,646
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $93,108
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $86,467
Jh Multimanager 2010 Lifetime John Hancock USA DFE: Pooled Separate Account $80,172
Jh Multimanager 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $79,629
John Hancock Intl Growth John Hancock USA DFE: Pooled Separate Account $77,302
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $69,026
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $61,280
Small Company Value Fund John Hancock USA DFE: Pooled Separate Account $55,824
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $53,208
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $44,145
Templeton World John Hancock USA DFE: Pooled Separate Account $41,135
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $36,749
Utilities Fund John Hancock USA DFE: Pooled Separate Account $35,628
Investment Company of America John Hancock USA DFE: Pooled Separate Account $32,113
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $29,900
Global Bond Fund John Hancock USA DFE: Pooled Separate Account $27,751
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $21,565
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $21,137
Equity Income Fund John Hancock USA DFE: Pooled Separate Account $17,474
Jh Multimanager 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $17,419
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $14,456
American Century Heritage John Hancock USA DFE: Pooled Separate Account $12,465
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $10,929
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $9,384
International Value Fund John Hancock USA DFE: Pooled Separate Account $8,793
Small Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $7,899
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $7,830
High Yield Fund John Hancock USA DFE: Pooled Separate Account $7,752
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $7,723
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $7,622
Invesco Small Cap Growth John Hancock USA DFE: Pooled Separate Account $7,527
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $7,306
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $7,204
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $5,958
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $5,662
Tocqueville Gold Fund John Hancock USA DFE: Pooled Separate Account $4,663
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $4,254
Total Bond Market Fund John Hancock USA DFE: Pooled Separate Account $3,202
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $1,589
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $1,049
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $1,046
New Opportunities Fund John Hancock USA DFE: Pooled Separate Account $1,045
U.S. High Yield Bond Fund John Hancock USA DFE: Pooled Separate Account $571
Real Return Bond Fund John Hancock USA DFE: Pooled Separate Account $537
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $399
Jpmorgan U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $241
Fundamental All Cap Core Fund John Hancock USA DFE: Pooled Separate Account $237
Natural Resources Fund John Hancock USA DFE: Pooled Separate Account $28
T. Rowe Price Spectrum Inc John Hancock USA DFE: Pooled Separate Account $0
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $0
Total $6,219,015

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company (U.S.A.) (John Hancock USA) 491
EIN 01-0233346
Industry Code 65838
Contract Number 83584
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $0
Value in Separate Accounts at Year End $6,219,015
Insurance Fees and Commissions $43,475
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 $24,874 TPA FEES PAID, COMPENSATION AND OTHER ALLOWANCES
Kestra Investment Services LLC 8080 East Central Ave Ste 200 Wichita, KS 67206 -2375 Insurance Agent or Broker $18,601 $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