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Overview

Plan Information

  • Plan Year04/01/2008 — 03/31/2009
  • Date of Plan04/01/1981
  • Net Assets as of 03/31/2009 $10,883,511
  • 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 03/31/2009

  • Active (Eligible) Participants224
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits227
  • Subtotal451
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total451
  • Total number of participants as of 04/01/2008428
  • Number of participants with account balances347
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested7

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 Road
  • CityDowney
  • StateCA
  • Zip90241
  • Telephone(562) 927-5511
  • EIN95-2544578
  • Industry Code311500
  • Named AdministratorAmos Degroot

Plan Administrator Information

  • Administrator NameRockview Dairies, Inc.
  • Address7011 Stewart and Gray Road
  • CityDowney
  • StateCA
  • Zip90241
  • Telephone(562) 927-5511
  • Administrator EIN95-2544578

Audit Information

  • Audit StatusAudited
  • AuditorMiller, Kaplan, Arase & Co., LLP
  • Auditor EIN95-2036255
  • Audit OpinionUnqualified
  • Audit Type Full 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. Yes $758,754
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? Yes $172,623
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 $-1,453,082
Contributions $527,408
Cash Contributions $527,408
Cash from Employers $122,178
Cash from Participants $346,516
Others (including rollovers) $58,714
Noncash Contributions $0
Total Earnings on Investments $-1,980,490
Total Interest $67,113
Interest-Bearing Cash $61,285
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $5,828
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 $-1,116,197
Real Estate $0
Other $-1,116,197
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 $-931,406
Other Income $0
Expenses $383,607
Total Benefit Payments $338,905
Directly to participants or beneficiaries, including direct rollovers $338,905
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 $10,622
Total Administrative Expenses $34,080
Professional Fees $11,011
Contract Administrator Fees $20,903
Investment Advisory and management fees $2,166
Other Administrative Fees $0
Net Income $-1,836,689
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

03/31/2009 03/31/2008 Change YOY
Total Assets $11,259,679 $13,031,604 -13.60%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $330 -100.00%
Employer Contributions $0 $330 -100.00%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $12,180 $120,936 -89.93%
Interest-bearing cash $12,180 $120,936 -89.93%
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 $8,348,309 $9,460,124 -11.75%
Preferred $0 $0 0.0%
Common $8,348,309 $9,460,124 -11.75%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $758,754 $774,849 -2.08%
Participants Loans $72,018 $53,910 33.59%
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 $2,003,396 $2,588,676 -22.61%
Value of funds held in insurance co. general account $65,022 $32,779 98.36%
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 $376,168 $311,404 20.80%
Benefit Claims Payable (1) $373,168 $307,904 21.20%
Operating Payables (1) $3,000 $3,500 -14.29%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $10,883,511 $12,720,200 -14.44%

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
John Hancock USA Recordkeeping and information management (computing, tabulating, data processing, etc.) Recordkeeper $20,403 $0 $20,403
James M. Sworzyn, CPA Accounting (including auditing) Accountant $11,511 $0 $11,511
Total $31,914 $0 $31,914

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
Lifestyle Growth John Hancock USA DFE: Pooled Separate Account $431,590
Money Market Fund John Hancock USA DFE: Pooled Separate Account $423,530
Lifestyle Aggressive John Hancock USA DFE: Pooled Separate Account $227,130
Lifestyle Balanced John Hancock USA DFE: Pooled Separate Account $95,023
Energy John Hancock USA DFE: Pooled Separate Account $61,911
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $61,403
Oppenheimer Developing Mkt John Hancock USA DFE: Pooled Separate Account $61,241
Franklin Balance Sheet John Hancock USA DFE: Pooled Separate Account $60,020
Explorer John Hancock USA DFE: Pooled Separate Account $58,297
American Century Vista John Hancock USA DFE: Pooled Separate Account $51,080
Lifestyle Conservative John Hancock USA DFE: Pooled Separate Account $50,905
International Value Fund John Hancock USA DFE: Pooled Separate Account $35,675
Jpm Midcap Value Fund John Hancock USA DFE: Pooled Separate Account $35,302
Davis New York Venture John Hancock USA DFE: Pooled Separate Account $30,013
T. Rowe Price Blue Chip John Hancock USA DFE: Pooled Separate Account $26,704
500 Index Fund John Hancock USA DFE: Pooled Separate Account $25,977
Dws Rreef Real Estate John Hancock USA DFE: Pooled Separate Account $23,775
Mfs Utilities John Hancock USA DFE: Pooled Separate Account $23,774
T. Rowe Price Equity Inc John Hancock USA DFE: Pooled Separate Account $22,910
Lifestyle Moderate John Hancock USA DFE: Pooled Separate Account $17,899
Pimco Total Return John Hancock USA DFE: Pooled Separate Account $16,730
Mutual Discovery John Hancock USA DFE: Pooled Separate Account $14,980
All Cap Growth Fund John Hancock USA DFE: Pooled Separate Account $13,512
Fidelity Contrafund John Hancock USA DFE: Pooled Separate Account $13,405
Columbia Value & Restructuring John Hancock USA DFE: Pooled Separate Account $12,455
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $11,273
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $10,799
John Hancock Classic Value John Hancock USA DFE: Pooled Separate Account $9,833
Mutual Beacon John Hancock USA DFE: Pooled Separate Account $8,455
Allianz Rcm Tech Fund John Hancock USA DFE: Pooled Separate Account $8,342
Jennison Growth John Hancock USA DFE: Pooled Separate Account $6,515
Optimized All Cap Fund John Hancock USA DFE: Pooled Separate Account $6,457
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $5,627
Aim Small Cap Growth John Hancock USA DFE: Pooled Separate Account $5,477
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $5,321
Columbia Marsico Intl Opps John Hancock USA DFE: Pooled Separate Account $4,911
Short-Term Federal John Hancock USA DFE: Pooled Separate Account $4,758
Lm Partners Glb High Yield John Hancock USA DFE: Pooled Separate Account $4,143
Templeton World John Hancock USA DFE: Pooled Separate Account $3,525
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $3,333
Optimized Value Fund John Hancock USA DFE: Pooled Separate Account $2,902
Intl Small Cap Fund John Hancock USA DFE: Pooled Separate Account $1,691
Pimco Global Bond John Hancock USA DFE: Pooled Separate Account $1,606
Small Cap Growth Index John Hancock USA DFE: Pooled Separate Account $1,434
T. Rowe Price Spectrum Inc John Hancock USA DFE: Pooled Separate Account $686
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $603
Davis Financial John Hancock USA DFE: Pooled Separate Account $464
Emerging Growth Fund John Hancock USA DFE: Pooled Separate Account $0
Jh Weitz Partners Value John Hancock USA DFE: Pooled Separate Account $0
Jh Lord Abbett Mid Cap Value John Hancock USA DFE: Pooled Separate Account $0
Jh Fidelity Advisor Div Growth John Hancock USA DFE: Pooled Separate Account $0
Blackrock Large Value John Hancock USA DFE: Pooled Separate Account $0
Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $0
Quantitative Mid Cap Fund John Hancock USA DFE: Pooled Separate Account $0
Jh Templeton Foreign Small Co. John Hancock USA DFE: Pooled Separate Account $0
Jh Aim Constellation John Hancock USA DFE: Pooled Separate Account $0
Jh Dws Mid Cap Growth John Hancock USA DFE: Pooled Separate Account $0
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $0
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $0
Total $2,003,396

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Co. 190
EIN 01-0233346
Industry Code 65838
Contract Number 61267
Contract Year 04/01/2008 — 03/31/2009
Value in General Account at Year End $65,022
Value in Separate Accounts at Year End $2,003,396
Insurance Fees and Commissions $12,153
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Ubs Financial Svcs Ins Agency Inc. 301 East Ocean Blvd, Suite 1600 Long Beach, CA 90802 Insurance Agent or Broker $8,717 $0 BROKER COMMISSION
Qualified Benefits 21021 Ventura Blvd, Suite 100 Woodland Hills, CA 91364 Third Party Administrator $0 $2,164 TPA COMPENSATION
Vanguard Group Investor Info. Dept. P O Box 2600 Valley Forge, PA 19482 -2600 Investment Company/Mutual Fund $0 $1,024 REDEMPTION FEES
Pacific Investment Management Co. 840 Newport Center Drive, Suite 100 Newport Beach, CA 92260 Investment Company/Mutual Fund $0 $248 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 $32,779
Additions $32,792
Contributions Deposited during the year $3,198
Dividends and credits $0
Interest credited during the year $2,203
Transferred from separate account $27,391
Other $0
Total of Balance and Additions $65,571
Deductions $549
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $427
Transferred to Separate Account $114
Other $8
Balance at the end of the current year $65,022