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Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan01/01/2005
  • Net Assets as of 12/31/2009 $1,286,828
  • 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? No
  • Report Description This is an amended report.
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants74
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits18
  • Subtotal92
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total92
  • Total number of participants as of 01/01/200965
  • Number of participants with account balances85
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested4

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address5311 Avenue N
  • CityRosenberg
  • StateTX
  • Zip77471
  • Telephone(281) 342-3350
  • EIN76-0200462
  • Industry Code621399
  • Named AdministratorCharles Hewitt

Plan Administrator Information

  • Administrator NameOcusoft, Inc
  • Address5311 Avenue N
  • CityRosenberg
  • StateTX
  • Zip77471
  • Telephone(281) 342-3350
  • Administrator EIN76-0200462

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.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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 $90,000
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 at any time hold 20% or more of its assets in any single security, debt, mortgage, parcel of real estate, or partnership/joint venture interest? No $0
Are you claiming a waiver of the annual examination and report of an independent qualified public accountant (IQPA) under 29 CFR 2520.104-46? Yes
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? Yes
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? Yes

Financials

Income and Expense Statement

Income $421,678
Contributions $0
Cash Contributions $240,218
Cash from Employers $80,551
Cash from Participants $145,662
Others (including rollovers) $14,005
Noncash Contributions $0
Other Income $181,460
Expenses $28,552
Total Benefit Payments $21,489
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Other Expenses $0
Net Income $393,126
Transfers of Assets to (from) this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $1,286,828 $893,702 43.99%
Total Liabilities $0 $0 0.0%
Net Assets $1,286,828 $893,702 43.99%

Specific Assets Statement

Held? Amount
Total Specific Assets No $22,041
Partnership/joint venture interests No $0
Employer Real Property No $0
Real Estate No $0
Employer Securities No $0
Participant Loans No $22,041
Loans (other than to participants) No $0
Tangible Personal Property No $0

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

There are no service providers listed for this plan.

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
Ssga Stable Value Fund State Street Bank and Trust Co DFE: Common/Collective Trust $101,342
Ssga International Index State Street Bank and Trust Co DFE: Common/Collective Trust $5,675
Ssga S&P 500 Index Fund State Street Bank and Trust Co DFE: Common/Collective Trust $2,841
Ssga S&P Midcap Index State Street Bank and Trust Co DFE: Common/Collective Trust $2,339
Ssga Russell Small Cap Index State Street Bank and Trust Co DFE: Common/Collective Trust $2,058
Total $114,255

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.