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FORM 5500 DATA

Pacific Coast Sales & Service Profit Sharing 401k Plan And Trust

Overview

Plan Information

  • Plan Year10/01/2013 — 09/30/2014
  • Date of Plan10/01/1985
  • Net Assets as of 09/30/2014 $12,647,029
  • 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 Arrangement Trust

Participant Information as of 09/30/2014

  • Active (Eligible) Participants159
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits31
  • Subtotal190
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total190
  • Total number of participants as of 10/01/2013182
  • Number of participants with account balances132
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1

Expenses

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

Sponsor Information

  • Address310 Soquel Way
  • CitySunnyvale
  • StateCA
  • Zip94085
  • Telephone(408) 481-3600
  • EIN94-2940366
  • Industry Code423700
  • Named AdministratorJodi Larson

Audit Information

  • Audit StatusAudited
  • AuditorMayer Hoffman Mccann P.C.
  • Auditor EIN43-1947695
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
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.
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 $1,890,976
Contributions $794,737
Cash Contributions $794,737
Cash from Employers $73,079
Cash from Participants $721,658
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $1,096,239
Total Interest $25,120
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $25,120
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 $1,071,119
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 $781,649
Total Benefit Payments $770,502
Directly to participants or beneficiaries, including direct rollovers $770,502
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 $11,147
Professional Fees $11,147
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $1,109,327
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

09/30/2014 09/30/2013 Change YOY
Total Assets $12,654,965 $11,539,615 9.67%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $95,291 $296,488 -67.86%
Employer Contributions $73,079 $270,660 -73.00%
Participant Contributions $22,212 $25,828 -14.00%
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 $444,136 $411,490 7.93%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $10,360,020 $9,455,657 9.56%
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 $1,755,518 $1,375,980 27.58%
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 $7,936 $1,913 314.85%
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) $7,936 $1,913 314.85%
Net Assets $12,647,029 $11,537,702 9.61%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Verisight
  • Llcera Advisors
  • Advised Asset Group

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
Cetera Advisors LLC Other commissions Broker/Adviso R $0 $20,296 $20,296
Advised Asset Group Investment management Investment Mgmt. $8,722 $0 $8,722
Verisight Contract Administrator Contract Administrator $0 $8,333 $8,333
Total $8,722 $28,629 $37,351

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
Future Funds Series Account II Gwl Great-West Life & Annuity Insurance Co. DFE: Pooled Separate Account $0
Total $0

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Great-West Retirement Services 51
EIN 84-0467907
Industry Code 68322
Contract Number 92197-01
Contract Year 10/01/2013 — 09/30/2014
Value in General Account at Year End $1,755,519
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $3,439
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Randolph Breaux Cetera Advisors LLC San Francisco, CA 94104 Investment Manager/Adviser $3,439 $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 $1,375,981
Additions $601,576
Contributions Deposited during the year $114,003
Dividends and credits $0
Interest credited during the year $18,434
Transferred from separate account $455,825
Other $13,314
Total of Balance and Additions $1,977,557
Deductions $222,038
Disbursed from fund to pay benefits or purchase annuities during the year $160,094
Administration charge made by carrier $1,199
Transferred to Separate Account $60,745
Other $0
Balance at the end of the current year $1,755,519