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FORM 5500 DATA

A. Morton Thomas & Associates, Inc. 401k Plan

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan12/01/1988
  • Net Assets as of 12/31/2009 $11,998,906
  • 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 ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants200
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits47
  • Subtotal248
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total248
  • Total number of participants as of 01/01/2009189
  • Number of participants with account balances248
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested18

Expenses

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

Sponsor Information

  • Address12750 Twinbrook Parkway,Ste 200
  • CityRockville
  • StateMD
  • Zip20852
  • Telephone(301) 881-2545
  • EIN52-0728302
  • Industry Code541330
  • Named AdministratorRichard Khalil

Plan Administrator Information

  • Administrator NameA. Morton Thomas & Associates, Inc.
  • Address12750 Twinbrook Parkway,Ste 200
  • CityRockville
  • StateMD
  • Zip20852
  • Telephone(301) 881-2545
  • Administrator EIN52-0728302

Audit Information

  • Audit StatusAudited
  • AuditorArgy, Wiltse & Robinson,P.C.
  • Auditor EIN54-1586993
  • 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 $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 $3,904,699
Contributions $1,740,090
Cash Contributions $1,740,090
Cash from Employers $681,677
Cash from Participants $979,755
Others (including rollovers) $78,658
Noncash Contributions $0
Total Earnings on Investments $2,164,609
Total Interest $70,470
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $27,749
Interest from Other Investments $42,721
Total Dividends $206,196
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 $1,887,943
Other Income $0
Expenses $195,533
Total Benefit Payments $192,791
Directly to participants or beneficiaries, including direct rollovers $192,791
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 $2,742
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $2,742
Net Income $3,709,166
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $11,998,906 $8,289,740 44.74%
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 $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 $281,260 $333,556 -15.68%
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 $10,163,872 $6,658,421 52.65%
Value of funds held in insurance co. general account $1,553,774 $1,297,763 19.73%
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 $11,998,906 $8,289,740 44.74%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • The Prudential Insurance Company of

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
The Prudential Insurance Company of Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees NONE $2,887 $0 $2,887
Prudential Investment Management SE Accounting (including auditing) NONE $0 $0 $0
Total $2,887 $0 $2,887

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Prudential Investment Management SE Allianz Global Investors Dist., LLC Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Allianz Nfj Sm Cap Admin $0
Prudential Investment Management SE Allianz Global Investors Dist., LLC Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Pimco Real Return Bd Adm $0
Prudential Investment Management SE Allianz Global Investors Dist., LLC Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Pimco Tot Ret Bond Admin $0
Prudential Investment Management SE American Funds Distributors Inc Distribution (12b-1) fees 23.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 American Balanced Fund $0
Prudential Investment Management SE American Funds Distributors Inc Distribution (12b-1) fees 24.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Euro Pacific Growth Fund $0
Prudential Investment Management SE American Funds Distributors Inc Distribution (12b-1) fees 24.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Washington Mut Invest $0
Prudential Investment Management SE Calvert Distributors, Inc. Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Calvert Lg Cap Growth A $0
Prudential Investment Management SE Columbia Management Distributors, I Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Col Sm Cap Gr I A $0
Prudential Investment Management SE Columbia Management Distributors, I Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Columbia Small Cp Index A $0
Prudential Investment Management SE Franklin Templeton Distributors Inc Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Temp Glob Bond Fd A $0
Prudential Investment Management SE Invesco Aim Distributors, Inc. Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Aim Interna Small Co Fd A $0
Prudential Investment Management SE Janus Distributors LLC Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jns Prk Mid Cap Val S $0
Prudential Investment Management SE Prudential Inv Mgmt Srvc LLC Distribution (12b-1) fees 30.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jennison Growth Fund A $0
Prudential Investment Management SE Prudential Inv Mgmt Srvc LLC Distribution (12b-1) fees 30.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jennison Small Company Fund $0
Prudential Investment Management SE T. Rowe Price Investment Services, Distribution (12b-1) fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Trowe Mid Cap Grow Adv $0
The Prudential Insurance Company of Aim Investment Services Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Aim Devlp Mrkts Fd Instl $0
The Prudential Insurance Company of Aim Investment Services Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Aim Interna Small Co Fd A $0
The Prudential Insurance Company of American Funds Service Co Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 0.000 Bps and $12.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 American Balanced Fund $0
The Prudential Insurance Company of American Funds Service Co Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 0.000 Bps and $12.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Euro Pacific Growth Fund $0
The Prudential Insurance Company of American Funds Service Co Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 0.000 Bps and $12.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Washington Mut Invest $0
The Prudential Insurance Company of Boston Financial Data Service, Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 35.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Wells Fargo Adv Smcp Inv $0
The Prudential Insurance Company of Boston Financial Data Services, Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 40.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Thornburg Core Growth R5 $0
The Prudential Insurance Company of Boston Financial Data Svcs Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 10.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Allianz Nfj Sm Cap Admin $0
The Prudential Insurance Company of Boston Financial Data Svcs Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 20.000 Bps and $16.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Calvert Lg Cap Growth A $0
The Prudential Insurance Company of Columbia Management Services Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Col Sm Cap Gr I A $0
The Prudential Insurance Company of Dreyfus Transfer Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 5.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Dreyfus Mid Cap Index Fd $0
The Prudential Insurance Company of Franklin Templeton Investor Srvcs L Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 0.000 Bps and $12.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Temp Glob Bond Fd A $0
The Prudential Insurance Company of Janus Services LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jns Adv Prk Mid Cap Val S $0
The Prudential Insurance Company of Janus Services LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jns Prk Mid Cap Val S $0
The Prudential Insurance Company of Prudential Investments, LLC Finders' fees/placement fees, Other investment fees and expenses 21.500 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 6/30/2009 Jennison Growth Fund A $0
The Prudential Insurance Company of Prudential Investments, LLC Finders' fees/placement fees, Other investment fees and expenses 27.000 Bps and $0.00 Per Participant Invested In The Fund From 7/1/2009 To 12/31/2009 Jennison Growth Fund A $0
The Prudential Insurance Company of Prudential Investments, LLC Finders' fees/placement fees, Other investment fees and expenses 21.500 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 6/30/2009 Jennison Small Company Fund $0
The Prudential Insurance Company of Prudential Investments, LLC Finders' fees/placement fees, Other investment fees and expenses 27.000 Bps and $0.00 Per Participant Invested In The Fund From 7/1/2009 To 12/31/2009 Jennison Small Company Fund $0
The Prudential Insurance Company of Prudential Mutual Fund Services, Ll Sub-transfer agency fees 13.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jennison Growth Fund A $0
The Prudential Insurance Company of Prudential Mutual Fund Services, Ll Sub-transfer agency fees 13.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 Jennison Small Company Fund $0
The Prudential Insurance Company of T Rowe Price Investment Services In Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 10.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 3/31/2009 Trowe Mid Cap Grow Adv $0
The Prudential Insurance Company of T Rowe Price Investment Services In Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 15.000 Bps and $0.00 Per Participant Invested In The Fund From 4/1/2009 To 12/31/2009 Trowe Mid Cap Grow Adv $0
The Prudential Insurance Company of Us Bancorp Fund Services, LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Recordkeeping fees 25.000 Bps and $0.00 Per Participant Invested In The Fund From 1/1/2009 To 12/31/2009 First Amer Real Esta Sec $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

No investments information available for this plan.

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Prudential Retirement Insurance and Annuity Company 258
EIN 06-1050034
Industry Code 93629
Contract Number GA39345
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $1,553,774
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $1,960
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Ws Insurance Services/N.Barrette 10700 Wheat First Drive Glen Allen, VA 23060 Insurance Agent or Broker $0 $1,960 SERVICES TO INSURER OR PLAN
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 GENERAL ACCOUNT CONTRACT
Balance at the end of the previous year $1,297,763
Additions $376,596
Contributions Deposited during the year $274,202
Dividends and credits $0
Interest credited during the year $42,721
Transferred from separate account $0
Other $59,673
Total of Balance and Additions $1,674,359
Deductions $120,585
Disbursed from fund to pay benefits or purchase annuities during the year $46,511
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $74,074
Balance at the end of the current year $1,553,774