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FORM 5500 DATA

United States Bakery Profit Sharing Plan and Trust

Overview

Plan Information

  • Plan Year04/01/2017 — 03/31/2018
  • Date of Plan04/01/1964
  • Net Assets as of 03/31/2018 $58,259,681
  • 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) Participants747
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits106
  • Subtotal853
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total853
  • Total number of participants as of 04/01/2017825
  • Number of participants with account balances784
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested24

Expenses

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

Sponsor Information

  • Address315 NE 10th Avenue
  • CityPortland
  • StateOR
  • Zip97232-2712
  • Telephone(503) 731-5671
  • EIN93-0302130
  • Industry Code311800
  • Named AdministratorKeith Van Emmerik

Audit Information

  • Audit StatusAudited
  • AuditorAldrich CPAS & Advisors LLP
  • Auditor EIN93-0623286
  • 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.

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? 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
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 $11,560,172
Contributions $5,933,959
Cash Contributions $5,933,959
Cash from Employers $5,933,959
Cash from Participants $0
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $5,626,213
Total Interest $161,976
Interest-Bearing Cash $3,867
U.S. Government Securities $102,403
Corporate Debt Instruments $55,706
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $0
Total Dividends $1,156,735
Preferred Stock $0
Common Stock $183,930
Rents $0
Net gain (loss) on sale of assets $149,553
Aggregate Proceeds $149,553
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $1,040,207
Real Estate $0
Other $1,040,207
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 $3,117,742
Other Income $0
Expenses $3,194,232
Total Benefit Payments $2,937,248
Directly to participants or beneficiaries, including direct rollovers $2,937,248
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 $256,984
Professional Fees $21,000
Contract Administrator Fees $0
Investment Advisory and management fees $186,864
Other Administrative Fees $49,120
Net Income $8,365,940
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 $58,308,801 $49,935,313 16.77%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $5,955,441 $5,578,910 6.75%
Employer Contributions $5,923,534 $5,521,806 7.28%
Participant Contributions $0 $0 0.0%
Other Contributions $31,907 $57,104 -44.12%
General Investments $1,744,271 $1,904,534 -8.41%
Interest-bearing cash $335,809 $233,574 43.77%
U.S. Government Securities $1,408,462 $1,670,960 -15.71%
Corporate Debt Instruments $2,124,276 $3,081,736 -31.07%
Preferred $0 $0 0.0%
All Other $2,124,276 $3,081,736 -31.07%
Corporate Stocks $9,077,494 $9,627,124 -5.71%
Preferred $0 $0 0.0%
Common $9,077,494 $9,627,124 -5.71%
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 $0 $0 0.0%
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 $39,407,319 $29,743,009 32.49%
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 $49,120 $41,572 18.16%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $49,120 $41,572 18.16%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $58,259,681 $49,893,741 16.77%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

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
UBS Trustee (bank, trust company, or similar financial institution) NONE $108,722 $0 $108,722
Ferguson-Wellman Capital Management Trustee (bank, trust company, or similar financial institution) NONE $64,907 $0 $64,907
Wtrisc Trustee (bank, trust company, or similar financial institution) NONE $40,720 $0 $40,720
Trautmann Maher Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees Recordkeeper $21,000 $0 $21,000
Kayne Anderson Capital Advisors, Lp Trustee (bank, trust company, or similar financial institution) NONE $14,086 $0 $14,086
Total $249,435 $0 $249,435

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

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

There are no insurance carriers listed for this plan.