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FORM 5500 DATA

R. W. Pressprich & Co., Inc. 401k Savings Plan

Overview

Plan Information

  • Plan Year01/01/2011 — 12/31/2011
  • Date of Plan07/01/1991
  • Net Assets as of 12/31/2011 $15,827,957
  • 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 Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2011

  • Active (Eligible) Participants96
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits22
  • Subtotal118
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total118
  • Total number of participants as of 01/01/2011122
  • Number of participants with account balances109
  • 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

  • Address520 Madison Ave 28th Floor
  • CityNew York
  • StateNY
  • Zip10022
  • Telephone(212) 832-6200
  • EIN13-3570685
  • Industry Code523120
  • Named AdministratorRichard Scofield

Plan Administrator Information

  • Administrator NameR.W. Pressprich & Co., Inc.
  • Address520 Madison Ave 28th Floor
  • CityNew York
  • StateNY
  • Zip10022
  • Telephone(212) 832-6200
  • Administrator EIN13-3570685

Audit Information

  • Audit StatusAudited
  • AuditorRothstein Kass
  • Auditor EIN22-2131009
  • 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.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
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 $876,505
Contributions $1,333,971
Cash Contributions $1,333,971
Cash from Employers $0
Cash from Participants $1,117,504
Others (including rollovers) $216,467
Noncash Contributions $0
Total Earnings on Investments $-457,466
Total Interest $19,766
Interest-Bearing Cash $365
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $19,401
Interest from Other Investments $0
Total Dividends $369,340
Preferred Stock $0
Common Stock $13,971
Rents $0
Net gain (loss) on sale of assets $-34,216
Aggregate Proceeds $1,817,360
Aggregate Carrying Amount $1,851,576
Total Unrealized Appreciation (depreciation) of assets $-32,406
Real Estate $0
Other $-32,406
Net investment gain (loss) from common/collective trusts $4,381
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 $-784,331
Other Income $0
Expenses $469,301
Total Benefit Payments $450,029
Directly to participants or beneficiaries, including direct rollovers $450,029
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 $19,272
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $11,697
Other Administrative Fees $7,575
Net Income $407,204
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2011 12/31/2010 Change YOY
Total Assets $15,827,957 $15,420,753 2.64%
Total noninterest-bearing cash $1,500 $9,563 -84.31%
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 $3,247,518 $4,132,501 -21.42%
Interest-bearing cash $3,247,518 $4,132,501 -21.42%
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 $550,286 $538,993 2.10%
Preferred $0 $0 0.0%
Common $550,286 $538,993 2.10%
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 $315,241 $329,609 -4.36%
Value of interest in common/collective trusts $141,084 $68,441 106.14%
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 $11,567,436 $10,336,736 11.91%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $4,892 $4,910 -0.37%
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 $15,827,957 $15,420,753 2.64%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fid.Inv.Inst.Ops.Co.

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
Strategic Advisors, Inc. Investment advisory (plan) Advisor $11,697 $0 $11,697
Fidelity Investments Institutional Recordkeeping fees, Participant loan processing, Account maintenance fees, Securities brokerage commissions and fees, Sub-transfer agency fees Recordkeeper $11,096 $0 $11,096
Total $22,793 $0 $22,793

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Abdn Glbl Fx Inc Is - Citi Fund Ser Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Abf Balanced Inv - State Street Ban Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Abf Intl Equity Inv - State Street Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Abf Lg Cap Val Inv - State Street B Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional All/Bern Smmdcpval A - Alliancebern Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Am Cen Lg Co Val Inv - American Cen Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Am Cent Ultra Inv - American Centur Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Am Cent Vista Inv - American Centur Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Ariel Appreciation - Us Bancorp Fun Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Ariel Fund - Us Bancorp Fund Servic Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Artisan Intl - Boston Financial Dat Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Artisan Mid Cap Val - Boston Financ Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Baron Asset Fund - Dst Systems, Inc Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Baron Small Cap - Dst Systems, Inc. Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Calvert Balanced A - Boston Financi Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Calvert Cap Acc A - Boston Financia Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Calvert Equity A - Boston Financial Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Col/Acorn Select Z - Columbia Mgt I Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Domini Social Eq Inv - Bny Mellon A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Dws Glb Sm Cap Gr S - Dws Investmen Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Dws International S - Dws Investmen Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Dws Strategic Val A - Dws Investmen Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Fkln Smmidcap Grth A - Franklin Tem Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Hartford Growth Y - Hartford Admini Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Hartford Intl Grth Y - Hartford Adm Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Htfd Sm Cap Growth Y - Hartford Adm Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Invs Constellation A - Invesco Aim Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Invs Glb Smmdcp Gr A - Invesco Cana Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Invs Mdcp Core Eq A - Invesco Canad Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Ivk Equity Income A - Invesco Canad Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Ivk Grth & Inc A - Invesco Canada L Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Janus Research T - Janus Services L Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Jh Small Company A - John Hancock S Sub-transfer agency fees 0.55% $0
Fidelity Investments Institutional Ld Abbett Affiltd A - Dst Systems, Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Ld Abbett Smcp Bld A - Dst Systems, Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Lm Cba Agg Gr A - Boston Financial Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Lm Cba Lc Gro A - Boston Financial Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Lm Cm Value Fi - Boston Financial D Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Loomis Growth A - Boston Financial Sub-transfer agency fees 0.55% $0
Fidelity Investments Institutional Loomis Sm Cap Val R - Boston Financ Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Managers Bond Fund - Pnc Global Inv Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Managers Special Eq - Pnc Global In Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Mgrs/C Cap Appr Adm - Bny Mellon In Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Mgrs/C Mid Cap Adm - Bny Mellon Inv Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Msif Cp Fx Inc P - Morgan Stanley S Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Msif Emerging Mkts P - Morgan Stanl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Msif Growth P - Morgan Stanley Serv Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Msif Intl Equity P - Morgan Stanley Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Msif Mid Cap Grth P - Morgan Stanle Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Mutual Gbl Discvry A - Franklin Tem Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Mutual Shares A - Franklin Templeto Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Nb Core Bond Inv - State Street Ban Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Nb Focus Trust - State Street Bank Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Nb Guardian Trust - State Street Ba Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Nb High Inc Bond Inv - State Street Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Nb Intl Fund Trust - State Street B Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Nb Partners Trust - State Street Ba Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Nb Regency Trust - State Street Ban Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Nb Socially Resp Tr - State Street Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Oakmark Eq & Inc I - Boston Financi Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Oakmark Fund I - Boston Financial D Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Pim All A All Auth I - Boston Finan Sub-transfer agency fees 0.01% $0
Fidelity Investments Institutional Pim Glbbnd Ad Unhdgd - Boston Finan Sub-transfer agency fees 0.26% $0
Fidelity Investments Institutional Pimco High Yield Adm - Boston Finan Sub-transfer agency fees 0.26% $0
Fidelity Investments Institutional Pimco Low Dur Adm - Boston Financia Sub-transfer agency fees 0.26% $0
Fidelity Investments Institutional Pimco Lt Us Govt Adm - Boston Finan Sub-transfer agency fees 0.26% $0
Fidelity Investments Institutional Pimco Real Rtn Bd Ad - Boston Finan Sub-transfer agency fees 0.26% $0
Fidelity Investments Institutional Pimco Tot Return Adm - Boston Finan Sub-transfer agency fees 0.26% $0
Fidelity Investments Institutional Rainier Sm/Mid Cap - Us Bancorp Fun Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Royce Opportunity S - Boston Financ Sub-transfer agency fees 0.45% $0
Fidelity Investments Institutional Royce Tot Ret Ser - Boston Financia Sub-transfer agency fees 0.45% $0
Fidelity Investments Institutional Royce Value Plus Ser - Boston Finan Sub-transfer agency fees 0.45% $0
Fidelity Investments Institutional Rs Partners A - Boston Financial Da Sub-transfer agency fees 0.55% $0
Fidelity Investments Institutional Rs Small Cap Grth A - Boston Financ Sub-transfer agency fees 0.55% $0
Fidelity Investments Institutional Rs Value A - Boston Financial Data Sub-transfer agency fees 0.55% $0
Fidelity Investments Institutional Tcw Select Equity N - U.S. Bancorp Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Templeton Dev Mkts A - Franklin Tem Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Templeton Foreign A - Franklin Temp Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Templeton Growth A - Franklin Templ Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Templeton World A - Franklin Temple Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Tmpl Frgn Sm Co A - Franklin Temple Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Tmpl Global Bond A - Franklin Templ Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Touchstn Sc Sel Gr Z - Bny Mellon I Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Virtus Mid-Cap Val A - VP Distribut Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Virtus Sm-Cap Core I - VP Distribut Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Wa Core Bond Fi - Boston Financial Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wa Core Plus Bond Fi - Boston Finan Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wfa C&B Mdcp Val Inv - Boston Finan Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Wfa Sm Cap Val Inv - Boston Financi Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wfa Small Co Value A - Boston Finan Sub-transfer agency fees 0.55% $0
Fidelity Investments Institutional Wfa Spl Midcp Vl Inv - Boston Finan Sub-transfer agency fees 0.55% $0
Fidelity Investments Institut Sit Group Sub-transfer agency fees 0.35% $0
Fidelity Investments Institut Beck Mack and Oliver Funds Sub-transfer agency fees 0.40% $0
Fidelity Investments Institut Doubleline Funds Sub-transfer agency fees 0.40% $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
Fid Mgd Inc Port Fidelity Management Trust Company DFE: Common/Collective Trust $141,084
Total $141,084

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.