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FORM 5500 DATA

Nash Plumbing and Mechanical LLC 401K Plan

Overview

Plan Information

  • Plan Year01/01/2006 — 12/31/2006
  • Date of Plan06/01/2004
  • Net Assets as of 12/31/2006 $288,921
  • 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 ArrangementInsurance
  • Plan Benefit ArrangementInsurance

Participant Information as of 12/31/2006

  • Active (Eligible) Participants91
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits0
  • Subtotal91
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total91
  • Total number of participants as of 01/01/200693
  • Number of participants with account balances22
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0
  • Number of participants required to be reported on Schedule SSA0

Expenses

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

Sponsor Information

  • Address3494 North Hwy 301
  • CityColeman
  • StateFL
  • Zip33521-0000
  • Telephone(352) 748-1454
  • EIN59-1584701
  • Industry Code238220

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

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.
3E Prototype plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a separate funding medium (for example, a separate trust or custodial account) is established for the use of each adopting employer.

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 $2,000,000
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 at any time hold 20% or more of its assets in any single security, debt, mortgage, parcel of real estate, or partnership/joint venture interest? No $0
Are you claiming a waiver of the annual examination and report of an independent qualified public accountant (IQPA) under 29 CFR 2520.104-46? Yes
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 $140,903
Contributions $0
Cash Contributions $122,224
Cash from Employers $45,978
Cash from Participants $76,246
Others (including rollovers) $0
Noncash Contributions $0
Other Income $18,679
Expenses $13,898
Total Benefit Payments $13,898
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Other Expenses $0
Net Income $127,005
Transfers of Assets to (from) this Plan $0

Asset and Liability Statement

12/31/2006 12/31/2005 Change YOY
Total Assets $288,921 $161,916 78.44%
Total Liabilities $0 $0 0.0%
Net Assets $288,921 $161,916 78.44%

Specific Assets Statement

Held? Amount
Total Specific Assets Yes $0
Partnership/joint venture interests Yes $0
Employer Real Property Yes $0
Real Estate Yes $0
Employer Securities Yes $0
Participant Loans Yes $0
Loans (other than to participants) Yes $0
Tangible Personal Property Yes $0

Service Providers

Service Providers

There are no service providers listed for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Prin Hq Int-Tm Bond Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $61,796
Prin Ptnr Md-Cp Gr II Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $38,036
Prin Ptr Sm-Cap Val I Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $37,184
Principal Lifetm 2030 Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $20,454
Prin Ptr Lg-Cap Value Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $19,039
Principal Lifetm 2020 Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $15,063
Prin Ptnrs Lg-Cap Value II Sa Principal Life Insurance Company DFE: Pooled Separate Account $14,267
Prin Sm Cap Stk Idx Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $10,164
Prin Ptr Lg-Cap Gr II Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $8,776
Principal Divers Intl Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $7,818
Principal Bond and Mtg Sep Acc Principal Life Insurance Company DFE: Pooled Separate Account $6,101
Principal U.S. Property Sepact Principal Life Insurance Company DFE: Pooled Separate Account $5,247
Principal Lifetm 2010 Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $3,280
Prin Lg Cp Stk Idx Sep Acct Principal Life Insurance Company DFE: Pooled Separate Account $3,245
Mason St Sel Bond (A) Sp Acct Principal Life Insurance Company DFE: Pooled Separate Account $0
Mason St Asst Allo (A) Sp Acct Principal Life Insurance Company DFE: Pooled Separate Account $0
Total $250,470

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Principal Life Insurance Company 91
EIN 42-0127290
Industry Code 61271
Contract Number 6-11183
Contract Year 01/01/2006 — 12/31/2006
Value in General Account at Year End $36,182
Value in Separate Accounts at Year End $250,469
Insurance Fees and Commissions $3,088
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
The Nation Group 111 SW 8th St Ocala, FL 34474 -4251 Insurance Agent or Broker $2,615 $473 REFERRAL/SERVICE FEE
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
Balance at the end of the previous year $0
Additions $37,062
Contributions Deposited during the year $10,125
Dividends and credits $0
Interest credited during the year $593
Transferred from separate account $26,344
Other $0
Total of Balance and Additions $37,062
Deductions $880
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $880
Balance at the end of the current year $36,182