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FORM 5500 DATA

Koike Aronson, Inc. Savings Investment Plan

Overview

Plan Information

  • Plan Year04/01/2017 — 03/31/2018
  • Date of Plan08/01/1985
  • Net Assets as of 03/31/2018 $15,587,700
  • 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 03/31/2018

  • Active (Eligible) Participants99
  • Retired or separated participants receiving benefits3
  • Other retired or separated participants entitled to future benefits35
  • Subtotal137
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total137
  • Total number of participants as of 04/01/2017140
  • Number of participants with account balances136
  • 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

  • Address635 West Main Street
  • CityArcade
  • StateNY
  • Zip14009-1035
  • Telephone(585) 492-2400
  • EIN16-1246213
  • Industry Code333200
  • Named AdministratorRachael Becht

Audit Information

  • Audit StatusAudited
  • AuditorDopkins & Company, LLP
  • Auditor EIN16-0929175
  • 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 $2,519,099
Contributions $938,977
Cash Contributions $938,977
Cash from Employers $232,000
Cash from Participants $628,015
Others (including rollovers) $78,962
Noncash Contributions $0
Total Earnings on Investments $1,580,122
Total Interest $2,886
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,886
Interest from Other Investments $0
Total Dividends $150,007
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 $43,148
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 $1,384,081
Other Income $0
Expenses $1,148,307
Total Benefit Payments $1,099,345
Directly to participants or beneficiaries, including direct rollovers $1,099,345
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $514
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $48,448
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $40,012
Other Administrative Fees $8,436
Net Income $1,370,792
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

03/31/2018 03/31/2017 Change YOY
Total Assets $15,587,700 $14,216,908 9.64%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $5,885 $0 0.0%
Employer Contributions $4,192 $0 0.0%
Participant Contributions $1,693 $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 $51,625 $65,200 -20.82%
Value of interest in common/collective trusts $15,334,330 $630,292 2332.89%
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 $195,860 $13,521,416 -98.55%
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 $15,587,700 $14,216,908 9.64%

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
Sanderson Wealth Management Consulting (general) Consultant $25,012 $0 $25,012
Lawley Consulting (general) Consultant $15,000 $0 $15,000
Fidelity Investments Institutional Participant loan processing, Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees Recordkeeper $8,436 $0 $8,436
Total $48,448 $0 $48,448

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Abdn Emerg Mkts Is - Boston Financ Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Abf Large Cap Val Y - Boston Finan Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Abf Sm Cap Val Inst - Boston Finan Sub-transfer agency fees 0.04% $0
Fidelity Investments Institutional Artisan Intl - Dst Asset Manager S Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Artisan Intl Val Inv - Dst Asset M Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional C&S Real Estate I - Boston Financi Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Harbor Intl Adm - Harbor Services Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Jpm Core Bond I - Boston Financial Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Loomis Bond Inst - Dst Asset Manag Sub-transfer agency fees 0.20% $0
Fidelity Investments Institutional Lzd Intl Eq Sel Inst - Dst Asset M Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Lzrd Emrg Mkts Eq Is - Dst Asset M Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Okmrk Intl Sm Cp Inv - Dst Asset M Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Opphmr Intl Growth A - Ofi Global Sub-transfer agency fees 0.50% $0
Fidelity Investments Institutional Seafarer Os Gr&In Is - Alps Fund S Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Tchstn Intl Smcap Y - Bny Mellon I Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Growth Stock - T. Rowe Price S Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Mid Cap Growth - T. Rowe Price Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Mid Cap Value - T. Rowe Price Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Retirement 2005 - T. Rowe Pric Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Retirement 2025 - T. Rowe Pric Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Retirement 2035 - T. Rowe Pric Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Retirement 2050 - T. Rowe Pric Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Retirement 2060 - T. Rowe Pric Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Value - T. Rowe Price Services Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Vt Intl Sm Cap I - Fis Investor SE Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Wa Core Bond I - Bny Mellon Invest Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Wf Stable Value Sub-transfer agency fees 0.25% $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
Flexpathmod 2025 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $3,760,248
Flexpathmod 2035 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $3,501,183
Flexpathmod Ret R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $1,938,050
Flexpathcon Ret R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $1,396,999
Flexpathmod 2045 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $1,155,745
Flexpathmod 2055 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $997,208
Wf Stable Fund C Wells Fargo Bank, N.A. DFE: Common/Collective Trust $749,106
Flexpathcon 2025 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $487,645
Flexpathagr 2025 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $468,895
Flexpathagr 2055 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $468,346
Flexpathagr 2035 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $275,078
Flexpathagr 2045 R1 Wilmington Trust Fiduciary Services DFE: Common/Collective Trust $135,827
Wf Stable Value Wells Fargo Bank, N.A. DFE: Common/Collective Trust $0
Total $15,334,330

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.