Back to top

Overview

Plan Information

  • Plan Year01/01/2015 — 12/31/2015
  • Date of Plan01/01/2001
  • Net Assets as of 12/31/2015 $1,652,875
  • 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 Arrangement Trust

Participant Information as of 12/31/2015

  • Active (Eligible) Participants235
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits13
  • Subtotal248
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total248
  • Total number of participants as of 01/01/2015251
  • Number of participants with account balances51
  • 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

  • Address3203 W. Alabama
  • CityHouston
  • StateTX
  • Zip77098
  • Telephone(713) 529-0202
  • EIN75-2449814
  • Industry Code561300
  • Named AdministratorCharles Carson

Audit Information

  • Audit StatusAudited
  • AuditorKen Skrabanek, CPA
  • Auditor EIN46-7865881
  • 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.
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.

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 $200,000
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 $119,105
Contributions $136,630
Cash Contributions $136,630
Cash from Employers $136,630
Cash from Participants $0
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $-17,815
Total Interest $925
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $925
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 $-18,740
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 $290
Expenses $177,069
Total Benefit Payments $161,421
Directly to participants or beneficiaries, including direct rollovers $161,421
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $1,961
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $13,687
Professional Fees $0
Contract Administrator Fees $13,687
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $-57,964
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 $1,657,650 $1,715,894 -3.39%
Total noninterest-bearing cash $9,932 $9,932 0.00%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 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 $27,080 $18,803 44.02%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,620,638 $1,687,159 -3.94%
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 $0 $0 0.0%
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 $4,775 $5,055 -5.54%
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) $4,775 $5,055 -5.54%
Net Assets $1,652,875 $1,710,839 -3.39%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Ins Company USA

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. USA 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 Recordkeeper $124 $0 $124
Total $124 $0 $124

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
500 Index Fund John Hancock DFE: Pooled Separate Account $228,733
Jh Lifestyle Balanced John Hancock DFE: Pooled Separate Account $202,820
Jh Lifestyle Growth John Hancock DFE: Pooled Separate Account $183,329
Franklin Mutual Beacon John Hancock DFE: Pooled Separate Account $172,856
Jh Lifestyle Agressive John Hancock DFE: Pooled Separate Account $167,491
Capital Appreciation Fund John Hancock DFE: Pooled Separate Account $105,577
Money Market Fund John Hancock DFE: Pooled Separate Account $105,062
Legg Mason Clearbr Agg Growth John Hancock DFE: Pooled Separate Account $71,584
Fidelity Advisor Total John Hancock DFE: Pooled Separate Account $70,636
Jh Lifestyle Conservative John Hancock DFE: Pooled Separate Account $64,715
Jh Lifestyle Moderate John Hancock DFE: Pooled Separate Account $52,018
John Hancock Disciplined Value John Hancock DFE: Pooled Separate Account $51,701
Small Cap Index Fund John Hancock DFE: Pooled Separate Account $28,813
T Rowe Price Health Sci John Hancock DFE: Pooled Separate Account $24,660
American Century Heritage Fund John Hancock DFE: Pooled Separate Account $24,344
Mid Cap Index Fund John Hancock DFE: Pooled Separate Account $17,873
Jpmorgan Midcap Value John Hancock DFE: Pooled Separate Account $14,124
Vanguard Short Term Federal John Hancock DFE: Pooled Separate Account $12,066
Intl Equity Index Fund John Hancock DFE: Pooled Separate Account $12,050
The Growth Fund of America John Hancock DFE: Pooled Separate Account $4,568
Invesco Intl Growth John Hancock DFE: Pooled Separate Account $3,460
Intl Small Cap Fund John Hancock DFE: Pooled Separate Account $1,355
T Rowe Price Spectrum Inc John Hancock DFE: Pooled Separate Account $443
Jh Thru 2040 Active John Hancock DFE: Pooled Separate Account $325
T Rowe Price Sci & Tech John Hancock DFE: Pooled Separate Account $35
Total $1,620,638

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock 73
EIN 01-0233346
Industry Code 65838
Contract Number 11046
Contract Year 01/01/2015 — 12/31/2015
Value in General Account at Year End $9,932
Value in Separate Accounts at Year End $1,647,719
Insurance Fees and Commissions $7,721
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Ubs Financial Services Ins Agency Address Unknown Houston, TX 77098 Insurance Agent or Broker $6,859 $0 BROKER COMMISSION
Actuaries and Associates 701 S. Tyler Amarillo, TX 79101 Third Party Administrator $862 $0 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