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FORM 5500 DATA

Savings Plan for Employees of Douglas County Incorporated

Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan01/01/1993
  • Net Assets as of 12/31/2018 $6,048,450
  • 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 ArrangementInsurance

Participant Information as of 12/31/2018

  • Active (Eligible) Participants135
  • Retired or separated participants receiving benefits2
  • Other retired or separated participants entitled to future benefits20
  • Subtotal157
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits3
  • Total160
  • Total number of participants as of 01/01/2018165
  • Number of participants with account balances145
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2

Expenses

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

Sponsor Information

  • AddressP.O. Box 848
  • CityWinchester
  • StateOR
  • Zip97495
  • Telephone(541) 672-5711
  • EIN93-0899201
  • Industry Code321110

Audit Information

  • Audit StatusAudited
  • AuditorWicks Emmett LLP
  • Auditor EIN93-0718861
  • 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.
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.
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 $2,975
Contributions $527,737
Cash Contributions $527,737
Cash from Employers $122,975
Cash from Participants $404,762
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $-529,288
Total Interest $918
Interest-Bearing Cash $918
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
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 $-530,206
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 $4,526
Expenses $154,232
Total Benefit Payments $131,624
Directly to participants or beneficiaries, including direct rollovers $131,624
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 $22,608
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $22,608
Other Administrative Fees $0
Net Income $-151,257
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 $6,048,450 $6,199,707 -2.44%
Total noninterest-bearing cash $0 $565 -100.00%
Receivables $0 $-153 -100.00%
Employer Contributions $0 $-153 -100.00%
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 $0 $0 0.0%
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 $5,935,783 $6,103,726 -2.75%
Value of funds held in insurance co. general account $112,667 $95,569 17.89%
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 $6,048,450 $6,199,707 -2.44%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Insurance Company

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
Northwest Quadrant, LLC Investment advisory (participants) Investment Advisor $22,608 $0 $22,608
Total $22,608 $0 $22,608

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
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $1,127,068
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $658,453
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $384,669
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $369,717
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $368,379
Oppenheimer Developing Mkt John Hancock USA DFE: Pooled Separate Account $351,223
Franklin Mutual Beacon Fund John Hancock USA DFE: Pooled Separate Account $239,806
Jpmorgan Midcap Value Fund John Hancock USA DFE: Pooled Separate Account $232,375
Jh Multimanager 2055 Lifetime John Hancock USA DFE: Pooled Separate Account $226,855
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $214,810
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $203,315
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $156,589
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $97,983
T. Rowe Price Equity Inc John Hancock USA DFE: Pooled Separate Account $96,020
Investment Company of America John Hancock USA DFE: Pooled Separate Account $94,939
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $93,634
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $93,122
Jpmorgan U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $85,808
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $83,304
Jh Multimanager 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $82,967
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $79,435
Jh Multimanager 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $77,587
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $65,209
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $51,002
500 Index Fund John Hancock USA DFE: Pooled Separate Account $47,959
Jh Multimanager 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $43,710
Jh Multimanager 2035 Lifetime John Hancock USA DFE: Pooled Separate Account $38,859
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $38,085
Jh Multimanager 2050 Lifetime John Hancock USA DFE: Pooled Separate Account $38,076
Domini Impact Equity Fund John Hancock USA DFE: Pooled Separate Account $30,408
Jh Multimanager 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $29,398
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $25,886
Money Market Fund John Hancock USA DFE: Pooled Separate Account $21,331
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $19,535
Jh Multimanager 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $14,543
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $14,011
Templeton World John Hancock USA DFE: Pooled Separate Account $13,576
Fundamental Large Cap Value John Hancock USA DFE: Pooled Separate Account $6,702
Jh Multimanager 2010 Lifetime John Hancock USA DFE: Pooled Separate Account $6,426
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $5,708
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $4,766
Keeley Small Cap Value John Hancock USA DFE: Pooled Separate Account $2,535
Jh Multimanager 2015 Lifetime John Hancock USA DFE: Pooled Separate Account $0
Total $5,935,783

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company U.S.A 147
EIN 01-0233346
Industry Code 65838
Contract Number 61913
Contract Year 01/01/2018 — 12/31/2018
Value in General Account at Year End $112,667
Value in Separate Accounts at Year End $5,935,783
Insurance Fees and Commissions $3,240
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Pension Planners Northwest 1600 Valley River Drive Eugene, OR 97401 Third Party Administrator $0 $3,240 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 Guaranteed Investment
Balance at the end of the previous year $95,569
Additions $17,462
Contributions Deposited during the year $16,470
Dividends and credits $919
Interest credited during the year $0
Transferred from separate account $0
Other $73
Total of Balance and Additions $113,031
Deductions $364
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 $364
Balance at the end of the current year $112,667