401k Plan data: ITS 401(K) PLAN plan

ITS 401(K) PLAN 401k Plan overview

Plan Name	ITS 401(K) PLAN
Plan identification number	001

ITS 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
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.
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 contribtions 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.
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.

401k Sponsoring company profile

ITS-H HOLDINGS, LLC has sponsored the creation of one or more 401k plans.

Company Name: ITS-H HOLDINGS, LLC

Employer identification number (EIN): 432012583

NAIC Classification: 339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ITS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 ERIN M. HOFFMANN
001 2010-01-01 ELISSA K. STORMO HOFFMANN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	ERIN M. HOFFMANN
001	2010-01-01	ELISSA K. STORMO HOFFMANN

Plan Statistics for ITS 401(K) PLAN

401k plan membership statisitcs for ITS 401(K) PLAN

Measure Date Value
2011: ITS 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 136
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 128
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 128
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: ITS 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 132
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 7
Total of all active and inactive participants 2010-01-01 139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 139
Number of participants with account balances 2010-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0

Measure	Date	Value
2011: ITS 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	136
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	128
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	128
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: ITS 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	132
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	7
Total of all active and inactive participants	2010-01-01	139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	139
Number of participants with account balances	2010-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0

Financial Data on ITS 401(K) PLAN

Measure	Date	Value
2011 : ITS 401(K) PLAN 2011 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-10-10	$32,322
Total income from all sources (including contributions)	2011-10-10	$-133,767
Total of all expenses incurred	2011-10-10	$2,970,162
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-10-10	$2,928,084
Expenses. Certain deemed distributions of participant loans	2011-10-10	$21,527
Value of total corrective distributions	2011-10-10	$14,093
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-10-10	$103,878
Value of total assets at beginning of year	2011-10-10	$3,136,251
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-10-10	$6,458
Total interest from all sources	2011-10-10	$1,292
Total dividends received (eg from common stock, registered investment company shares)	2011-10-10	$26,814
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-10-10	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-10-10	$0
Total dividends received from registered investment company shares (eg mutual funds)	2011-10-10	$26,814
Was this plan covered by a fidelity bond	2011-10-10	Yes
Value of fidelity bond cover	2011-10-10	$250,000
If this is an individual account plan, was there a blackout period	2011-10-10	No
Were there any nonexempt tranactions with any party-in-interest	2011-10-10	No
Contributions received from participants	2011-10-10	$99,165
Participant contributions at beginning of year	2011-10-10	$41,646
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-10-10	$104
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-10-10	$32,322
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-10-10	No
Value of net income/loss	2011-10-10	$-3,103,929
Value of net assets at beginning of year (total assets less liabilities)	2011-10-10	$3,103,929
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-10-10	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-10-10	No
Were any leases to which the plan was party in default or uncollectible	2011-10-10	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-10-10	$2,746,793
Interest on participant loans	2011-10-10	$1,292
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-10-10	$347,708
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-10-10	$347,708
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-10-10	$-265,751
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-10-10	No
Was there a failure to transmit to the plan any participant contributions	2011-10-10	No
Has the plan failed to provide any benefit when due under the plan	2011-10-10	No
Contributions received in cash from employer	2011-10-10	$4,713
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-10-10	$2,928,084
Contract administrator fees	2011-10-10	$6,458
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-10-10	No
Did the plan have assets held for investment	2011-10-10	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-10-10	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-10-10	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-10-10	Yes
Opinion of an independent qualified public accountant for this plan	2011-10-10	Disclaimer
Accountancy firm name	2011-10-10	HELMHOLDTCOMPANY LLP, CPAS
Accountancy firm EIN	2011-10-10	382627062
2010 : ITS 401(K) PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$32,322
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$4,355
Total income from all sources (including contributions)	2010-12-31	$609,409
Total of all expenses incurred	2010-12-31	$246,857
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$214,898
Value of total corrective distributions	2010-12-31	$28,922
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$287,529
Value of total assets at end of year	2010-12-31	$3,136,251
Value of total assets at beginning of year	2010-12-31	$2,745,732
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$3,037
Total interest from all sources	2010-12-31	$2,334
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$65,727
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$65,727
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$250,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$287,529
Participant contributions at end of year	2010-12-31	$41,646
Participant contributions at beginning of year	2010-12-31	$29,399
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$104
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$26
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$32,322
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$4,355
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$362,552
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,103,929
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,741,377
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$2,746,793
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$2,513,061
Interest on participant loans	2010-12-31	$2,334
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$347,708
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$203,246
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$203,246
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$253,819
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$214,898
Contract administrator fees	2010-12-31	$3,037
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	HELMHOLDTCOMPANY LLP, CPAS
Accountancy firm EIN	2010-12-31	382627062

Form 5500 Responses for ITS 401(K) PLAN

2011: ITS 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	This submission is the final filing	Yes
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: ITS 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ITS-H HOLDINGS, LLC
Employer identification number (EIN):	432012583
NAIC Classification:	339900