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FORM 5500 DATA

Advanced Supply Chain International 401k Profit Sharing Plan and Trust

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/2008
  • Net Assets as of 12/31/2019 $18,319,448
  • 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 12/31/2019

  • Active (Eligible) Participants126
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits59
  • Subtotal185
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total186
  • Total number of participants as of 01/01/2019189
  • Number of participants with account balances175
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested5

Expenses

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

Sponsor Information

  • Address2525 Gambell Street Suite 405
  • CityAnchorage
  • StateAK
  • Zip99503
  • Telephone(907) 348-1622
  • EIN92-0167067
  • Industry Code488510
  • Named AdministratorChristine Hopkins

Audit Information

  • Audit StatusAudited
  • AuditorMoss Adams LLP
  • Auditor EIN91-0189318
  • 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.
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? Yes $42,574
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 $4,490,634
Contributions $1,108,105
Cash Contributions $1,108,105
Cash from Employers $344,438
Cash from Participants $763,667
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $3,382,529
Total Interest $29,103
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $27,203
Participant Loans $0
Interest from Other Investments $1,900
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 $3,353,426
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 $3,324,771
Total Benefit Payments $3,206,392
Directly to participants or beneficiaries, including direct rollovers $3,206,392
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $14
Certain deemed distributions of participant loans $11,566
Interest expense $0
Total Administrative Expenses $106,799
Professional Fees $10,445
Contract Administrator Fees $41,808
Investment Advisory and management fees $45,438
Other Administrative Fees $9,108
Net Income $1,165,863
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $18,319,448 $17,153,585 6.80%
Total noninterest-bearing cash $1,572 $15,660 -89.96%
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 $456,191 $552,530 -17.44%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $17,861,685 $16,585,395 7.70%
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 $18,319,448 $17,153,585 6.80%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Ins Co USA

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
Kms Financial Investment advisory (participants) Ria Ia $25,000 $0 $25,000
Wilshire Associates Inc USA Investment advisory (participants) Ria Ia $3,455 $0 $3,455
John Hancock Life Ins Co USA Recordkeeping and information management (computing, tabulating, data processing, etc.) Recordkeeper $2,592 $0 $2,592
Total $31,047 $0 $31,047

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
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $6,113,480
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $2,800,004
John Hancock Stable Val John Hancock USA DFE: Pooled Separate Account $544,251
Jh Multi-Index 2030 Preserv John Hancock USA DFE: Pooled Separate Account $483,516
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $432,149
Jh Multi-Index 2040 Preserv John Hancock USA DFE: Pooled Separate Account $413,037
Jh Multi-Index 2025 Preserv John Hancock USA DFE: Pooled Separate Account $403,657
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $376,701
Jh Multi-Index 2020 Preserv John Hancock USA DFE: Pooled Separate Account $360,774
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $338,801
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $335,026
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $329,475
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $325,100
500 Index Fund John Hancock USA DFE: Pooled Separate Account $322,225
Fidelity Contrafund John Hancock USA DFE: Pooled Separate Account $288,534
Vanguard Explorer Fund John Hancock USA DFE: Pooled Separate Account $270,152
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $218,876
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $209,522
Invesco Opp Developing Mkt John Hancock USA DFE: Pooled Separate Account $204,716
Jh Multi-Index 2045 Preserv John Hancock USA DFE: Pooled Separate Account $204,260
American Century 2035 John Hancock USA DFE: Pooled Separate Account $194,878
Sprott Gold Fund John Hancock USA DFE: Pooled Separate Account $194,173
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $193,533
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $173,476
John Hancock Intl Growth John Hancock USA DFE: Pooled Separate Account $126,808
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $125,707
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $122,329
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $119,258
Jh Multi-Index 2055 Preserv John Hancock USA DFE: Pooled Separate Account $119,005
Vanguard Mid-Cap Value Etf John Hancock USA DFE: Pooled Separate Account $105,250
Jh Multi-Index 2035 Preserv John Hancock USA DFE: Pooled Separate Account $98,117
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $92,478
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $84,984
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $80,367
American Century 2055 John Hancock USA DFE: Pooled Separate Account $76,162
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $75,104
Total Bond Market Fund John Hancock USA DFE: Pooled Separate Account $72,128
John Hancock Bond Fund John Hancock USA DFE: Pooled Separate Account $63,905
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $55,102
Jh Multi-Index 2050 Preserv John Hancock USA DFE: Pooled Separate Account $54,967
Vanguard Small Cap Value Index John Hancock USA DFE: Pooled Separate Account $52,090
American Century 2020 John Hancock USA DFE: Pooled Separate Account $45,552
U.S. High Yield Bond Fund John Hancock USA DFE: Pooled Separate Account $45,136
Jpmorgan Midcap Value Fund John Hancock USA DFE: Pooled Separate Account $43,356
Dodge & Cox Stock Fund John Hancock USA DFE: Pooled Separate Account $42,823
Jh Managed Volatility Growth John Hancock USA DFE: Pooled Separate Account $36,217
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $35,635
Pgim Jennison Mid Cap Growth John Hancock USA DFE: Pooled Separate Account $34,228
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $29,433
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $28,643
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $28,413
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $23,446
Mutual Global Discovery John Hancock USA DFE: Pooled Separate Account $21,061
New Perspective Fund John Hancock USA DFE: Pooled Separate Account $20,235
High Yield Fund John Hancock USA DFE: Pooled Separate Account $17,750
American Century 2050 John Hancock USA DFE: Pooled Separate Account $17,238
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $15,344
Capital Income Builder John Hancock USA DFE: Pooled Separate Account $14,827
Equity Income Fund John Hancock USA DFE: Pooled Separate Account $13,294
Us Government Securities John Hancock USA DFE: Pooled Separate Account $12,518
Jh Multi-Index Ls Growth John Hancock USA DFE: Pooled Separate Account $12,446
Jh Multi-Index 2060 Preserv John Hancock USA DFE: Pooled Separate Account $9,298
Fidelity Adv New Insights John Hancock USA DFE: Pooled Separate Account $8,316
Fundamental All Cap Core Fund John Hancock USA DFE: Pooled Separate Account $8,241
Jpmorgan U.S. Equity Fund John Hancock USA DFE: Pooled Separate Account $6,271
Core Bond Fund John Hancock USA DFE: Pooled Separate Account $5,883
Jh Multi-Index Ls Balanced John Hancock USA DFE: Pooled Separate Account $5,775
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $5,512
Jh Multi-Index Ls Aggressive John Hancock USA DFE: Pooled Separate Account $4,641
Jh Multi-Index Income Preserv John Hancock USA DFE: Pooled Separate Account $4,336
Mfs Utilities Fund John Hancock USA DFE: Pooled Separate Account $4,331
Templeton World John Hancock USA DFE: Pooled Separate Account $1,781
Invesco International Growth John Hancock USA DFE: Pooled Separate Account $1,463
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $1,284
Alternative Asset Allocation John Hancock USA DFE: Pooled Separate Account $1,214
American Century In Retirement John Hancock USA DFE: Pooled Separate Account $836
Invesco Oppenheimer Int'L Bond John Hancock USA DFE: Pooled Separate Account $832
Total $17,861,686

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Ins Co USA 186
EIN 01-0233346
Industry Code 65838
Contract Number 99156
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $0
Value in Separate Accounts at Year End $17,861,685
Insurance Fees and Commissions $17,995
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Hunnex and Shoemaker Inc 701 Fifth Ave Suite 6710 Seattle, WA 98104 Third Party Administrator $0 $17,995
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