401k Plan data: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN plan

COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 401k Plan overview

Plan Name	COBALT BOATS OF ATLANTA, LLC 401(K) PLAN
Plan identification number	001

COBALT BOATS OF ATLANTA, LLC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

COBALT BOATS OF ATLANTA LLC has sponsored the creation of one or more 401k plans.

Company Name: COBALT BOATS OF ATLANTA LLC

Employer identification number (EIN): 582591519

NAIC Classification: 441222
NAIC Description: Boat Dealers

Additional information about COBALT BOATS OF ATLANTA LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 64528

More information about COBALT BOATS OF ATLANTA LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COBALT BOATS OF ATLANTA, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 LAURA LAMKIE LAURA LAMKIE 2015-10-14
001 2013-01-01 AUSTIN SINGLETON AUSTIN SINGLETON 2014-10-13
001 2012-01-01 LAURA LAMKIE 2013-07-02 LAURA LAMKIE 2013-07-02
001 2011-01-01 AUSTIN SINGLETON 2012-02-29 AUSTIN SINGLETON 2012-02-29
001 2010-01-01 NANCY SHIELDS 2011-08-17 NANCY SHIELDS 2011-08-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2014-01-01	LAURA LAMKIE		LAURA LAMKIE	2015-10-14
001	2013-01-01	AUSTIN SINGLETON		AUSTIN SINGLETON	2014-10-13
001	2012-01-01	LAURA LAMKIE	2013-07-02	LAURA LAMKIE	2013-07-02
001	2011-01-01	AUSTIN SINGLETON	2012-02-29	AUSTIN SINGLETON	2012-02-29
001	2010-01-01	NANCY SHIELDS	2011-08-17	NANCY SHIELDS	2011-08-17

Plan Statistics for COBALT BOATS OF ATLANTA, LLC 401(K) PLAN

401k plan membership statisitcs for COBALT BOATS OF ATLANTA, LLC 401(K) PLAN

Measure Date Value
2014: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 173
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 172
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 171
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 4
Total of all active and inactive participants 2013-01-01 175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 175
Number of participants with account balances 2013-01-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2014: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	173
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	172
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	171
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	4
Total of all active and inactive participants	2013-01-01	175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	175
Number of participants with account balances	2013-01-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on COBALT BOATS OF ATLANTA, LLC 401(K) PLAN

Measure	Date	Value
2014 : COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets	2014-11-20	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2014-11-20	$0
Total unrealized appreciation/depreciation of assets	2014-11-20	$0
Total transfer of assets to this plan	2014-11-20	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-11-20	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-11-20	$0
Total income from all sources (including contributions)	2014-11-20	$109,461
Total loss/gain on sale of assets	2014-11-20	$0
Total of all expenses incurred	2014-11-20	$777,336
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-11-20	$758,790
Value of total corrective distributions	2014-11-20	$18,546
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-11-20	$92,739
Value of total assets at end of year	2014-11-20	$0
Value of total assets at beginning of year	2014-11-20	$667,875
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-11-20	$0
Total income from rents	2014-11-20	$0
Total interest from all sources	2014-11-20	$21
Total dividends received (eg from common stock, registered investment company shares)	2014-11-20	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-11-20	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-11-20	$0
Administrative expenses professional fees incurred	2014-11-20	$0
Was this plan covered by a fidelity bond	2014-11-20	Yes
Value of fidelity bond cover	2014-11-20	$40,000
If this is an individual account plan, was there a blackout period	2014-11-20	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-11-20	$0
Were there any nonexempt tranactions with any party-in-interest	2014-11-20	No
Amount of non-exempt transactions with any party-in-interest	2014-11-20	$0
Contributions received from participants	2014-11-20	$92,739
Participant contributions at end of year	2014-11-20	$0
Participant contributions at beginning of year	2014-11-20	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-11-20	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2014-11-20	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-11-20	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-11-20	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-11-20	$0
Other income not declared elsewhere	2014-11-20	$0
Administrative expenses (other) incurred	2014-11-20	$0
Liabilities. Value of operating payables at beginning of year	2014-11-20	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-11-20	No
Value of net income/loss	2014-11-20	$-667,875
Value of net assets at end of year (total assets less liabilities)	2014-11-20	$0
Value of net assets at beginning of year (total assets less liabilities)	2014-11-20	$667,875
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-11-20	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-11-20	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2014-11-20	$0
Were any leases to which the plan was party in default or uncollectible	2014-11-20	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2014-11-20	$0
Investment advisory and management fees	2014-11-20	$0
Value of interest in pooled separate accounts at end of year	2014-11-20	$0
Value of interest in pooled separate accounts at beginning of year	2014-11-20	$644,097
Income. Interest from loans (other than to participants)	2014-11-20	$0
Interest earned on other investments	2014-11-20	$21
Income. Interest from US Government securities	2014-11-20	$0
Income. Interest from corporate debt instruments	2014-11-20	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-11-20	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-11-20	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-11-20	$23,778
Expenses. Payments to insurance carriers foe the provision of benefits	2014-11-20	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-11-20	$0
Net investment gain/loss from pooled separate accounts	2014-11-20	$16,701
Net investment gain or loss from common/collective trusts	2014-11-20	$0
Net gain/loss from 103.12 investment entities	2014-11-20	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-11-20	No
Was there a failure to transmit to the plan any participant contributions	2014-11-20	No
Has the plan failed to provide any benefit when due under the plan	2014-11-20	No
Contributions received in cash from employer	2014-11-20	$0
Employer contributions (assets) at end of year	2014-11-20	$0
Employer contributions (assets) at beginning of year	2014-11-20	$0
Income. Dividends from preferred stock	2014-11-20	$0
Income. Dividends from common stock	2014-11-20	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-11-20	$758,790
Contract administrator fees	2014-11-20	$0
Liabilities. Value of benefit claims payable at beginning of year	2014-11-20	$0
Did the plan have assets held for investment	2014-11-20	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	2014-11-20	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-11-20	Yes
Aggregate proceeds on sale of assets	2014-11-20	$0
Aggregate carrying amount (costs) on sale of assets	2014-11-20	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2014-11-20	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-11-20	Yes
Opinion of an independent qualified public accountant for this plan	2014-11-20	Disclaimer
Accountancy firm name	2014-11-20	WARREN AVERETT
Accountancy firm EIN	2014-11-20	454084437
2013 : COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$0
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total transfer of assets to this plan	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$265,139
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$13,397
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$13,397
Value of total corrective distributions	2013-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$165,611
Value of total assets at end of year	2013-12-31	$667,875
Value of total assets at beginning of year	2013-12-31	$416,133
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$0
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$29
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$0
Administrative expenses professional fees incurred	2013-12-31	$0
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$40,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Amount of non-exempt transactions with any party-in-interest	2013-12-31	$0
Contributions received from participants	2013-12-31	$145,045
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$20,566
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$0
Other income not declared elsewhere	2013-12-31	$103
Administrative expenses (other) incurred	2013-12-31	$0
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$251,742
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$667,875
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$416,133
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2013-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$0
Value of interest in pooled separate accounts at end of year	2013-12-31	$644,097
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$399,639
Income. Interest from loans (other than to participants)	2013-12-31	$0
Interest earned on other investments	2013-12-31	$29
Income. Interest from US Government securities	2013-12-31	$0
Income. Interest from corporate debt instruments	2013-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$23,778
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$16,494
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$0
Net investment gain/loss from pooled separate accounts	2013-12-31	$99,396
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$0
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$0
Income. Dividends from preferred stock	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$13,397
Contract administrator fees	2013-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$0
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	CULOTTA, SCROGGINS, HENDRICKS AND G
Accountancy firm EIN	2013-12-31	203346361

Form 5500 Responses for COBALT BOATS OF ATLANTA, LLC 401(K) PLAN

2014: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	This submission is the final filing	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2013: COBALT BOATS OF ATLANTA, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

802849

Policy instance

Insurance contract or identification number	802849
Number of Individuals Covered	0
Insurance policy start date	2014-01-01
Insurance policy end date	2014-11-20
Total amount of commissions paid to insurance broker	USD $1,717
Total amount of fees paid to insurance company	USD $2,004
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $1,717
Amount paid for insurance broker fees	2004
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3
Insurance broker name	STERNE AGEE & LEACH INC

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

802849

Policy instance

Insurance contract or identification number	802849
Number of Individuals Covered	175
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $3,174
Total amount of fees paid to insurance company	USD $1,248
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $3,174
Amount paid for insurance broker fees	1248
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3
Insurance broker name	STERNE AGEE & LEACH INC

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Company Name:	COBALT BOATS OF ATLANTA LLC
Employer identification number (EIN):	582591519
NAIC Classification:	441222
NAIC Description:	Boat Dealers

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	64528