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Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan01/01/1998
  • Net Assets as of 12/31/2009 $1,462,553
  • 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 Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants198
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits16
  • Subtotal214
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total214
  • Total number of participants as of 01/01/2009213
  • Number of participants with account balances112
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested8

Expenses

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

Sponsor Information

  • Address175 Admiral Cochrane Dr Ste 202
  • CityAnnapolis
  • StateMD
  • Zip21401-7419
  • Telephone(443) 716-2557
  • EIN52-1851030
  • Industry Code531390
  • Named AdministratorCathy Murphy

Plan Administrator Information

  • Administrator NameHabitat America LLC
  • Address175 Admiral Cochrane Dr Ste 202
  • CityAnnapolis
  • StateMD
  • Zip21401-7419
  • Telephone(443) 716-2557
  • Administrator EIN52-1851030

Audit Information

  • Audit StatusAudited
  • AuditorGrandizio Wilkins Little & Matthews
  • Auditor EIN52-2334868
  • 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.
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 $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 $601,403
Contributions $321,652
Cash Contributions $321,652
Cash from Employers $63,802
Cash from Participants $245,232
Others (including rollovers) $12,618
Noncash Contributions $0
Total Earnings on Investments $279,751
Total Interest $2,330
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,330
Interest from Other Investments $0
Total Dividends $0
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 $277,421
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 $0
Other Income $0
Expenses $30,749
Total Benefit Payments $17,835
Directly to participants or beneficiaries, including direct rollovers $17,835
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $6,391
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $6,523
Professional Fees $0
Contract Administrator Fees $6,523
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $570,654
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 $1,462,553 $891,899 63.98%
Total noninterest-bearing cash $4,381 $4,382 -0.02%
Receivables $63,802 $60,634 5.22%
Employer Contributions $63,802 $60,634 5.22%
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 $37,417 $39,235 -4.63%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,356,953 $787,648 72.28%
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 $0 $0 0.0%
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 $1,462,553 $891,899 63.98%

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

There are no service providers listed for this plan.

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

Name of Investment Investment Manager Type of Investment Dollar Value
Lifecycle 2020 John Hancock Life Insurance Company DFE: Pooled Separate Account $250,095
Lifecycle 2010 John Hancock Life Insurance Company DFE: Pooled Separate Account $126,409
Lifecycle 2015 John Hancock Life Insurance Company DFE: Pooled Separate Account $111,835
Real Return Bond Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $111,232
Money Market Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $101,403
Lifestyle Balanced John Hancock Life Insurance Company DFE: Pooled Separate Account $73,524
Lifecycle 2025 John Hancock Life Insurance Company DFE: Pooled Separate Account $70,447
Lifestyle Growth John Hancock Life Insurance Company DFE: Pooled Separate Account $63,132
Lifecycle 2035 John Hancock Life Insurance Company DFE: Pooled Separate Account $49,000
Lifecycle 2045 John Hancock Life Insurance Company DFE: Pooled Separate Account $46,513
Lifecycle 2040 John Hancock Life Insurance Company DFE: Pooled Separate Account $38,800
Lifecycle 2030 John Hancock Life Insurance Company DFE: Pooled Separate Account $33,014
Lifestyle Conservative John Hancock Life Insurance Company DFE: Pooled Separate Account $32,759
T. Rowe Price Spectrum Inc John Hancock Life Insurance Company DFE: Pooled Separate Account $26,209
Lifestyle Aggressive John Hancock Life Insurance Company DFE: Pooled Separate Account $25,592
Pimco Total Return John Hancock Life Insurance Company DFE: Pooled Separate Account $17,783
Europacific Growth Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $17,133
The Growth Fund of America John Hancock Life Insurance Company DFE: Pooled Separate Account $16,077
Investment Company of America John Hancock Life Insurance Company DFE: Pooled Separate Account $10,601
T. Rowe Price Health Sci John Hancock Life Insurance Company DFE: Pooled Separate Account $10,165
Lifestyle Moderate John Hancock Life Insurance Company DFE: Pooled Separate Account $9,738
Pimco All Asset John Hancock Life Insurance Company DFE: Pooled Separate Account $9,682
Pimco Global Bond John Hancock Life Insurance Company DFE: Pooled Separate Account $8,564
Dfa Emerging Markets Value John Hancock Life Insurance Company DFE: Pooled Separate Account $8,206
Growth Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $8,149
Utilities Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $8,050
Pacific Rim Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $7,865
U.S. High Yield Bond Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $7,504
Oppenheimer Global John Hancock Life Insurance Company DFE: Pooled Separate Account $7,120
Franklin Small-Mid Growth John Hancock Life Insurance Company DFE: Pooled Separate Account $6,226
Lm Partners Glb High Yield John Hancock Life Insurance Company DFE: Pooled Separate Account $5,364
T. Rowe Price Equity Inc John Hancock Life Insurance Company DFE: Pooled Separate Account $5,280
Energy John Hancock Life Insurance Company DFE: Pooled Separate Account $4,904
Washington Mutual Investors John Hancock Life Insurance Company DFE: Pooled Separate Account $3,326
All Cap Value Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $3,176
Mid-Cap Growth Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $2,992
Small Cap Value Index John Hancock Life Insurance Company DFE: Pooled Separate Account $2,782
American Balanced Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $2,702
Davis New York Venture John Hancock Life Insurance Company DFE: Pooled Separate Account $1,507
Blue Chip Growth Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $1,289
500 Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $1,002
Riversource Mid Cap Value John Hancock Life Insurance Company DFE: Pooled Separate Account $750
Small Company Value Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $683
Wamco U.S. Government Sec Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $671
Blackrock Large Value John Hancock Life Insurance Company DFE: Pooled Separate Account $626
Science & Technology Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $521
Small Cap Growth Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $480
Small Cap Value Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $479
Small Cap Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $467
Value Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $447
Mid Value Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $443
Global Bond Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $415
Mid Cap Stock Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $412
Mfs Utilities John Hancock Life Insurance Company DFE: Pooled Separate Account $405
Total Stock Market Index Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $403
Templeton World John Hancock Life Insurance Company DFE: Pooled Separate Account $402
Mutual Beacon John Hancock Life Insurance Company DFE: Pooled Separate Account $394
Intl Small Cap Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $382
Mutual Global Discovery John Hancock Life Insurance Company DFE: Pooled Separate Account $375
Active Bond Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $254
Blackrock Global Allocation John Hancock Life Insurance Company DFE: Pooled Separate Account $151
Optimized All Cap Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $140
Total Return Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $134
Capital Appreciation Fund John Hancock Life Insurance Company DFE: Pooled Separate Account $132
Short-Term Federal John Hancock Life Insurance Company DFE: Pooled Separate Account $121
John Hancock Strategic Inc John Hancock Life Insurance Company DFE: Pooled Separate Account $116
Total $1,356,954

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company USA 193
EIN 01-0233346
Industry Code 65838
Contract Number 78853
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $0
Value in Separate Accounts at Year End $1,356,953
Insurance Fees and Commissions $12,076
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Brandywine Benefits Group One Righter Parkway, Suite 150 Wilmington, DE 19803 Third Party Administrator $0 $6,009 TPA FEES
Brandywine Benefits Company One Righter Parkway, Suite 150 Wilmington, DE 19803 Agent or Broker other than Insurance $3,831 $0
Brandywine Benefits Group One Righter Parkway, Suite 150 Wilmington, DE 19803 Third Party Administrator $0 $1,369 TPA COMPENSATION
Northwestern Mutual Investment Serv 720 East Wisconsin Avenue Milwaukee, WI 53202 Insurance Agent or Broker $867 $0
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 Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
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 $0
Balance at the end of the current year $0