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Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan01/01/1994
  • Net Assets as of 12/31/2018 $2,691,822
  • 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 12/31/2018

  • Active (Eligible) Participants111
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits45
  • Subtotal156
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total156
  • Total number of participants as of 01/01/2018154
  • Number of participants with account balances112
  • 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

  • Address651 Critchlow Dr.
  • CityOgden
  • StateUT
  • Zip84404
  • Telephone(801) 394-0865
  • EIN84-1238789
  • Industry Code315990

Audit Information

  • Audit StatusAudited
  • AuditorCooper Williams LLC
  • Auditor EIN27-5169784
  • 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.
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 $500,000
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 $68,955
Contributions $294,825
Cash Contributions $294,825
Cash from Employers $67,518
Cash from Participants $227,307
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $-228,760
Total Interest $2,902
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,902
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 $-231,662
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 $2,890
Expenses $390,208
Total Benefit Payments $388,217
Directly to participants or beneficiaries, including direct rollovers $388,217
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 $1,991
Professional Fees $0
Contract Administrator Fees $1,991
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $-321,253
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2018 12/31/2017 Change YOY
Total Assets $2,692,170 $3,013,423 -10.66%
Total noninterest-bearing cash $348 $348 0.00%
Receivables $10,936 $12,639 -13.47%
Employer Contributions $2,595 $2,885 -10.05%
Participant Contributions $8,341 $9,754 -14.49%
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 $61,750 $29,202 111.46%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,619,136 $2,971,234 -11.85%
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 $348 $348 0.00%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $348 $348 0.00%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $2,691,822 $3,013,075 -10.66%

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
Edward D Jones & Co., L.P. Investment advisory (participants) Investment Advisor $11,542 $0 $11,542
John Hancock Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Soft dollars commissions Recordkeeper $691 $0 $691
Total $12,233 $0 $12,233

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 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $503,620
Jh Multimanager 2035 Lifetime John Hancock USA DFE: Pooled Separate Account $281,036
Jh Multimanager 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $275,364
Jh Multimanager 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $250,707
Jh Multimanager 2055 Lifetime John Hancock USA DFE: Pooled Separate Account $193,813
Jh Multimanager 2010 Lifetime John Hancock USA DFE: Pooled Separate Account $159,140
Jh Multimanager 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $140,409
Fidelity Adv New Insights John Hancock USA DFE: Pooled Separate Account $113,059
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $83,289
Core Bond Fund John Hancock USA DFE: Pooled Separate Account $75,268
Jh Multimanager 2050 Lifetime John Hancock USA DFE: Pooled Separate Account $73,865
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $47,568
500 Index Fund John Hancock USA DFE: Pooled Separate Account $44,197
Capital World Growth & Income John Hancock USA DFE: Pooled Separate Account $36,227
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $29,082
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $28,755
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $26,265
New Perspective Fund John Hancock USA DFE: Pooled Separate Account $21,756
Jh Multi-Index Ls Growth John Hancock USA DFE: Pooled Separate Account $21,446
Jh Multimanager 2020 Lifetime John Hancock USA DFE: Pooled Separate Account $19,489
Jh Multi-Index Income Preserv John Hancock USA DFE: Pooled Separate Account $16,741
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $16,057
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $15,915
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $15,749
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $14,573
Vanguard Small Cap Value Index John Hancock USA DFE: Pooled Separate Account $13,712
Capital Income Builder John Hancock USA DFE: Pooled Separate Account $10,389
Oppenheimer Intl Bond John Hancock USA DFE: Pooled Separate Account $10,156
Vanguard Explorer Fund John Hancock USA DFE: Pooled Separate Account $10,155
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $10,075
Templeton World John Hancock USA DFE: Pooled Separate Account $8,510
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $8,436
Jh Multi-Index 2025 Preserv John Hancock USA DFE: Pooled Separate Account $7,910
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $5,722
Wisdomtree Mc Earnings Etf John Hancock USA DFE: Pooled Separate Account $4,926
Jh Multimanager 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $4,264
T. Rowe Price Sml Cap Val John Hancock USA DFE: Pooled Separate Account $3,818
Jh Multi-Index 2030 Preserv John Hancock USA DFE: Pooled Separate Account $3,117
Jh Multi-Index Ls Aggressive John Hancock USA DFE: Pooled Separate Account $2,933
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $2,903
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $2,727
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $1,898
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $1,507
Oppenheimer Intl Growth Fund John Hancock USA DFE: Pooled Separate Account $1,313
Investment Company of America John Hancock USA DFE: Pooled Separate Account $1,265
Total $2,619,126

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company USA 119
EIN 01-0233346
Industry Code 65838
Contract Number 116528
Contract Year 01/02/2018 — 12/31/2018
Value in General Account at Year End $0
Value in Separate Accounts at Year End $2,971,233
Insurance Fees and Commissions $2,783
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Rudd & Company PLLC 725 S Woodruff Ave Idaho Falls, ID 83401 Third Party Administrator $0 $2,783 TPA FEES AND COMPENSATION
Allocated Funds
Type of Contract Group Deferred Annuity
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