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FORM 5500 DATA

Rockview Dairies, Inc. 401k Plan

Overview

Plan Information

  • Plan Year04/01/2016 — 03/31/2017
  • Date of Plan04/01/1981
  • Net Assets as of 03/31/2017 $4,651,846
  • 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?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 03/31/2017

  • Active (Eligible) Participants222
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits47
  • Subtotal269
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total270
  • Total number of participants as of 04/01/2016246
  • Number of participants with account balances95
  • 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

  • Address7011 Stewart and Gray Rd
  • CityDowney
  • StateCA
  • Zip90241
  • Telephone(562) 927-5511
  • EIN95-2544578
  • Industry Code311500
  • Named AdministratorLyle Mcvicar

Audit Information

  • Audit StatusAudited
  • AuditorFrazer LLP
  • Auditor EIN95-4108809
  • 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.

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 $1,000,000
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 $761,763
Contributions $253,554
Cash Contributions $253,554
Cash from Employers $87,711
Cash from Participants $165,843
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $508,209
Total Interest $5,701
Interest-Bearing Cash $60
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $5,641
Interest from Other Investments $0
Total Dividends $151,131
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 $104
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 $351,273
Other Income $0
Expenses $604,902
Total Benefit Payments $568,936
Directly to participants or beneficiaries, including direct rollovers $568,936
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 $35,966
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $35,966
Net Income $156,861
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

03/31/2017 03/31/2016 Change YOY
Total Assets $4,651,846 $4,494,985 3.49%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $235,394 $247,729 -4.98%
Interest-bearing cash $235,394 $247,729 -4.98%
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 $115,696 $138,527 -16.48%
Value of interest in common/collective trusts $11,198 $3,037 268.72%
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 $4,289,558 $4,105,692 4.48%
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 $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 $4,651,846 $4,494,985 3.49%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

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
Fidelity Investments Institutional Participant loan processing, Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees Recordkeeper $569 $0 $569
Total $569 $0 $569

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Cohen & Steers Rlty - Boston Finan Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Col Mid Cap Grth Z - Columbia Mgt Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Col/Acorn Intl Z - Columbia Mgt In Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Hnsy Gas Utility Inv - U.S. Bancor Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Invs Divrs Divd R5 - Invesco Inves Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Invs High Yld R5 - Invesco Canada Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Janus Triton T - Janus Services Ll Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Jpm Mid Cap Val I - Boston Financi Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Metwest Tot Rtn Bd I - Bny Mellon Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Oakmark Intl Inv - Boston Financia Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Pimco Low Dur Adm - Boston Financi Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Rt Ny Life Aa Cl 25 Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Tmpl Global Bond A - Franklin Temp Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Trp Blue Chip Grth - T. Rowe Price Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Infltn Prot Bd - T. Rowe Price Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Wf Spl Sm Cp Val Adm - Boston Fina Sub-transfer agency fees 0.35% $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
Rt Ny Life Aa Cl 25 Reliance Trust Company DFE: Common/Collective Trust $11,198
Total $11,198

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.