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Overview

Plan Information

  • Plan Year04/01/2006 — 03/31/2007
  • Date of Plan04/01/1981
  • Net Assets as of 03/31/2007 $12,474,704
  • Plan Number2
  • 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 ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 03/31/2007

  • Active (Eligible) Participants170
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits162
  • Subtotal332
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total332
  • Total number of participants as of 04/01/2006350
  • Number of participants with account balances299
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2
  • Number of participants required to be reported on Schedule SSA44

Expenses

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

Sponsor Information

  • Address7011 Stewart and Gray Rd
  • CityDowney
  • StateCA
  • Zip90241-4347
  • Telephone(562) 927-5511
  • EIN95-2544578
  • Industry Code311500
  • Named AdministratorE.J. Degroot
  • Named Plan SponsorE.J. Degroot

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorJames Sworzyn, CPA
  • Auditor EIN95-4413533
  • Audit Opinion Qualified
  • 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.
2H Partial participant-directed account plan Participants have the opportunity to direct the investment of a portion of 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.

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

Financials

Income and Expense Statement

Income $2,147,028
Contributions $618,063
Cash Contributions $618,063
Cash from Employers $306,570
Cash from Participants $311,493
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $1,528,965
Total Interest $105,072
Interest-Bearing Cash $104,274
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $798
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 $1,423,893
Other Income $0
Expenses $473,379
Total Benefit Payments $437,952
Directly to participants or beneficiaries, including direct rollovers $437,952
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 $35,427
Professional Fees $0
Contract Administrator Fees $35,427
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $1,673,649
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

03/31/2007 03/31/2006 Change YOY
Total Assets $12,474,704 $10,801,055 15.50%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $254,543 $130,439 95.14%
Employer Contributions $249,343 $130,439 91.16%
Participant Contributions $0 $0 0.0%
Other Contributions $5,200 $0 0.0%
General Investments $205,919 $281,184 -26.77%
Interest-bearing cash $205,919 $281,184 -26.77%
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 $8,827,013 $7,597,916 16.18%
Preferred $0 $0 0.0%
Common $8,827,013 $7,597,916 16.18%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $765,331 $780,271 -1.91%
Participants Loans $29,839 $47,388 -37.03%
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 $2,359,681 $1,927,853 22.40%
Value of funds held in insurance co. general account $32,378 $36,004 -10.07%
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 $12,474,704 $10,801,055 15.50%

Service Providers

Service Providers

Name Nature of Service Relationship to Plan Sponsor Gross Salary or Allowances Paid by Plan Fees and Commissions Paid by Plan Total Salary/Fees
John Hancock USA Recordkeeping $0 $18,334 $18,334
Total $0 $18,334 $18,334

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Jh Lifestyle Growth John Hancock USA DFE: Pooled Separate Account $457,599
Jh Lifestyle Aggressive John Hancock USA DFE: Pooled Separate Account $326,377
Jh Franklin Balance Sheet John Hancock USA DFE: Pooled Separate Account $203,804
Money Market Fund John Hancock USA DFE: Pooled Separate Account $112,501
Jh Oppenheimer Developing Mkt John Hancock USA DFE: Pooled Separate Account $99,752
Jh Lifestyle Moderate John Hancock USA DFE: Pooled Separate Account $78,209
Jh Lifestyle Balanced John Hancock USA DFE: Pooled Separate Account $71,830
Jh Explorer John Hancock USA DFE: Pooled Separate Account $71,225
Jh Dws Mid Cap Growth John Hancock USA DFE: Pooled Separate Account $64,051
Quantitative All Cap Fund John Hancock USA DFE: Pooled Separate Account $61,226
Jh Lord Abbett Mid Cap Value John Hancock USA DFE: Pooled Separate Account $60,875
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $47,740
Jh Templeton Foreign Small Co John Hancock USA DFE: Pooled Separate Account $47,117
Jh Fidelity Contrafund John Hancock USA DFE: Pooled Separate Account $46,502
Jh Templeton Foreign John Hancock USA DFE: Pooled Separate Account $45,518
Jh T Rowe Price Equity Inc John Hancock USA DFE: Pooled Separate Account $41,267
Jh Mutual Discovery John Hancock USA DFE: Pooled Separate Account $39,685
Jh T Rowe Price Blue Chip John Hancock USA DFE: Pooled Separate Account $36,733
500 Index Fund John Hancock USA DFE: Pooled Separate Account $36,401
Jh Lifestyle Conservative John Hancock USA DFE: Pooled Separate Account $34,430
Jh Excelsior Value & Restruct John Hancock USA DFE: Pooled Separate Account $32,561
Jh Mutual Beacon John Hancock USA DFE: Pooled Separate Account $32,264
Jh Davis New York Venture John Hancock USA DFE: Pooled Separate Account $31,520
Jh T Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $27,637
Jh Jennison Growth John Hancock USA DFE: Pooled Separate Account $26,299
Jh Fidelity Advisor Div Growth John Hancock USA DFE: Pooled Separate Account $23,416
Quantitative Mid Cap Fund John Hancock USA DFE: Pooled Separate Account $22,702
Jh Lm Partners Glb High Yield John Hancock USA DFE: Pooled Separate Account $20,112
Jh Aim Constellation John Hancock USA DFE: Pooled Separate Account $16,884
Quantitative Value Fund John Hancock USA DFE: Pooled Separate Account $16,718
Jh Mfs Utilities John Hancock USA DFE: Pooled Separate Account $16,539
Jh Dws Rreef Real Estate John Hancock USA DFE: Pooled Separate Account $15,399
Jh Columbia Marsico Intl Opps John Hancock USA DFE: Pooled Separate Account $11,434
Jh American Funds Growth Fund John Hancock USA DFE: Pooled Separate Account $10,542
Jh John Hancock Classic Value John Hancock USA DFE: Pooled Separate Account $10,430
Jh American Funds Europacific John Hancock USA DFE: Pooled Separate Account $9,800
Jh Energy John Hancock USA DFE: Pooled Separate Account $7,237
Jh Short-Term Federal John Hancock USA DFE: Pooled Separate Account $5,948
Jh Weitz Partners Value John Hancock USA DFE: Pooled Separate Account $5,764
Jh Pimco Total Return John Hancock USA DFE: Pooled Separate Account $5,692
Jh Royce Opportunity John Hancock USA DFE: Pooled Separate Account $5,458
Jh Calamos Growth John Hancock USA DFE: Pooled Separate Account $5,261
Jh Aim Small Cap Growth John Hancock USA DFE: Pooled Separate Account $5,137
Jh Legg Partners Agg Growth John Hancock USA DFE: Pooled Separate Account $3,345
Jh Templeton World John Hancock USA DFE: Pooled Separate Account $3,094
Emerging Growth Fund John Hancock USA DFE: Pooled Separate Account $2,869
Jh Blackrock Large Value John Hancock USA DFE: Pooled Separate Account $1,235
Jh T Rowe Price Spectrum Inc John Hancock USA DFE: Pooled Separate Account $741
Jh Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $448
Jh T Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $180
Jh Davis Financial John Hancock USA DFE: Pooled Separate Account $173
Jh Scudder Intl Select Equity John Hancock USA DFE: Pooled Separate Account $0
Jh Salomon Bros High Yield John Hancock USA DFE: Pooled Separate Account $0
Jh Legg Mason Growth John Hancock USA DFE: Pooled Separate Account $0
Jh Mfs Strategic Value John Hancock USA DFE: Pooled Separate Account $0
Jh Fidelity Advisor Large Cap John Hancock USA DFE: Pooled Separate Account $0
3 Yr Comp John Hancock USA DFE: Pooled Separate Account $0
10 Yr Comp John Hancock USA DFE: Pooled Separate Account $0
Total $2,359,681

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Co 183
EIN 01-0233346
Industry Code 65838
Contract Number 61267
Contract Year 04/01/2006 — 03/31/2007
Value in General Account at Year End $32,378
Value in Separate Accounts at Year End $2,359,681
Insurance Fees and Commissions $9,280
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Ubs Financial Svcs Ins Agency Inc Insurance Agent or Broker $7,584 $0 BROKER COMMISSION
Qualified Benefits 21021 Ventura Blvd. Woodland Hills,, CA 91364 Third Party Administrator $0 $1,195 TPA COMPENSATION
Fund Companies : Dws Scudder Investments Vanguard Group, Inc., Investment Company/Mutual Fund $0 $501 REDEMPTION FEES
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 $36,004
Additions $3,130
Contributions Deposited during the year $1,102
Dividends and credits $0
Interest credited during the year $1,502
Transferred from separate account $523
Other $3
Total of Balance and Additions $39,134
Deductions $6,756
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $267
Transferred to Separate Account $6,476
Other $13
Balance at the end of the current year $32,378