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FORM 5500 DATA

RMCI, Inc. Profit Sharing and Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan01/01/1993
  • Net Assets as of 12/31/2009 $5,726,992
  • 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
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants150
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits139
  • Subtotal289
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total289
  • Total number of participants as of 01/01/2009453
  • Number of participants with account balances268
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested22

Expenses

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

Sponsor Information

  • Address6211 Chappell Road NE
  • CityAlbuquerque
  • StateNM
  • Zip87113
  • Telephone(505) 345-0008
  • EIN85-0386784
  • Industry Code237990
  • Named AdministratorChris Fandel
  • Named Plan SponsorJames R. Giannilli

Plan Administrator Information

  • Administrator NameRmci Inc.
  • Address6211 Chappell Road NE
  • CityAlbuquerque
  • StateNM
  • Zip87113
  • Telephone(505) 345-0008
  • Administrator EIN85-0386784

Audit Information

  • Audit StatusAudited
  • AuditorDarst & Associates, Pc
  • Auditor EIN47-0651044
  • 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.
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.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

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 $2,163,115
Contributions $1,094,153
Cash Contributions $1,094,153
Cash from Employers $780,272
Cash from Participants $313,881
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $1,068,962
Total Interest $21,446
Interest-Bearing Cash $13,052
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $8,394
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 $0
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 $1,047,516
Other Income $0
Expenses $437,038
Total Benefit Payments $425,805
Directly to participants or beneficiaries, including direct rollovers $425,805
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 $11,233
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $11,233
Net Income $1,726,077
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $5,726,992 $4,000,915 43.14%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $397,155 $569,487 -30.26%
Employer Contributions $372,662 $546,616 -31.82%
Participant Contributions $24,493 $22,871 7.09%
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 $200,882 $334,426 -39.93%
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 $4,708,439 $2,771,074 69.91%
Value of funds held in insurance co. general account $420,516 $325,928 29.02%
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 $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 $5,726,992 $4,000,915 43.14%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Aim Variable Insurance Funds
  • Alger Portfolios
  • Am Cent Investment Services Inc
  • Capital Research & Mgmt Company
  • Fidelity Variable Ins Products Fund
  • Franklin Templeton Funds
  • Goldman Sachs Trust
  • Janus Adviser Series
  • Jennisondryden Mutual Funds
  • Neuberger Berman Advisers Mgt Trust
  • Oneamerica Funds Inc.
  • Oppenheimer Funds Inc.
  • Pimco Funds & Allianz Funds
  • Pioneer Variable Contracts Trust
  • State Street Global Advisors
  • T Rowe Price Funds
  • Thornburg Investment Trust

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
American United Life Insurance Co Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Direct payment from the plan, Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees, Recordkeeping fees, Insurance mortality and expense charge, Other insurance wrap fees Service Provider $11,233 $24,889 $36,122
Total $11,233 $24,889 $36,122

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
American United Life Insurance Co American United Life Insurance Co Insurance mortality and expense charge, Other insurance wrap fees Asset Charge $24,889
American United Life Insurance Co Aim Variable Insurance Funds Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Alger Portfolios Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Am Cent Investment Services Inc Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Capital Research & Mgmt Company Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Fidelity Variable Ins Products Fund Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Franklin Templeton Funds Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Goldman Sachs Trust Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Janus Adviser Series Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Jennisondryden Mutual Funds Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Neuberger Berman Advisers Mgt Trust Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Oneamerica Funds Inc. Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Oppenheimer Funds Inc. Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Pimco Funds & Allianz Funds Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Pioneer Variable Contracts Trust Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co State Street Global Advisors Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co T Rowe Price Funds Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
American United Life Insurance Co Thornburg Investment Trust Investment management fees paid indirectly by plan, Shareholder servicing fees, Sub-transfer agency fees, Distribution (12b-1) fees Revenue Sharing Formula See Attached $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

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
Separate Account II American United Life Insurance Co. DFE: Pooled Separate Account $4,708,439
Total $4,708,439

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
American United Life Insurance Company 268
EIN 35-0145825
Industry Code 60895
Contract Number G34352
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $420,516
Value in Separate Accounts at Year End $4,708,439
Insurance Fees and Commissions $21,387
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Joel Cooperman 6501 Americas Pkwy NE Ste 330 Albuquerque, NM 87110 -8120 Insurance Agent or Broker $21,387 $0 N/A
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 GROUP ANNUITY CONTRACT
Balance at the end of the previous year $325,928
Additions $230,391
Contributions Deposited during the year $81,221
Dividends and credits $0
Interest credited during the year $13,052
Transferred from separate account $119,226
Other $16,892
Total of Balance and Additions $556,319
Deductions $135,803
Disbursed from fund to pay benefits or purchase annuities during the year $38,618
Administration charge made by carrier $3,032
Transferred to Separate Account $94,153
Other $0
Balance at the end of the current year $420,516