401k Plan data: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN plan

MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 401k Plan overview

Plan Name	MICHAEL TITZE CO., INC. PROFIT SHARING PLAN
Plan identification number	001

MICHAEL TITZE CO., INC. PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
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.
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

MICHAEL TITZE COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: MICHAEL TITZE COMPANY, INC.

Employer identification number (EIN): 592456535

NAIC Classification: 722511
NAIC Description: Full-Service Restaurants

Additional information about MICHAEL TITZE COMPANY, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 1984-10-05

Company Identification Number: H24319

Legal Registered Office Address: 929 Live Oak Plantation Rd

TALLAHASSEE

32312

More information about MICHAEL TITZE COMPANY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICHAEL TITZE CO., INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 TERESA FAULKENBERRY 2015-09-23
001 2013-10-01
001 2012-10-01 MICHAEL TITZE MICHAEL TITZE 2014-04-08
001 2011-10-01 MICHAEL TITZE MICHAEL TITZE 2013-03-25
001 2010-10-01 MICHAEL TITZE MICHAEL TITZE 2012-02-28
001 2009-10-01 MICHAEL TITZE MICHAEL TITZE 2011-02-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2014-01-01	TERESA FAULKENBERRY	2015-09-23
001	2013-10-01
001	2012-10-01	MICHAEL TITZE		MICHAEL TITZE	2014-04-08
001	2011-10-01	MICHAEL TITZE		MICHAEL TITZE	2013-03-25
001	2010-10-01	MICHAEL TITZE		MICHAEL TITZE	2012-02-28
001	2009-10-01	MICHAEL TITZE		MICHAEL TITZE	2011-02-15

Plan Statistics for MICHAEL TITZE CO., INC. PROFIT SHARING PLAN

401k plan membership statisitcs for MICHAEL TITZE CO., INC. PROFIT SHARING PLAN

Measure Date Value
2012: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-10-01 73
Total number of active participants reported on line 7a of the Form 5500 2012-10-01 44
Number of retired or separated participants receiving benefits 2012-10-01 2
Number of other retired or separated participants entitled to future benefits 2012-10-01 15
Total of all active and inactive participants 2012-10-01 61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-10-01 0
Total participants 2012-10-01 61
Number of participants with account balances 2012-10-01 36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-10-01 0
2011: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-10-01 86
Total number of active participants reported on line 7a of the Form 5500 2011-10-01 38
Number of retired or separated participants receiving benefits 2011-10-01 1
Number of other retired or separated participants entitled to future benefits 2011-10-01 15
Total of all active and inactive participants 2011-10-01 54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-10-01 0
Total participants 2011-10-01 54
Number of participants with account balances 2011-10-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-10-01 5
2010: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-10-01 90
Total number of active participants reported on line 7a of the Form 5500 2010-10-01 46
Number of retired or separated participants receiving benefits 2010-10-01 1
Number of other retired or separated participants entitled to future benefits 2010-10-01 28
Total of all active and inactive participants 2010-10-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-10-01 0
Total participants 2010-10-01 75
Number of participants with account balances 2010-10-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-10-01 12
2009: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-10-01 91
Total number of active participants reported on line 7a of the Form 5500 2009-10-01 65
Number of retired or separated participants receiving benefits 2009-10-01 0
Number of other retired or separated participants entitled to future benefits 2009-10-01 16
Total of all active and inactive participants 2009-10-01 81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-10-01 0
Total participants 2009-10-01 81
Number of participants with account balances 2009-10-01 57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-10-01 6

Measure	Date	Value
2012: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-10-01	73
Total number of active participants reported on line 7a of the Form 5500	2012-10-01	44
Number of retired or separated participants receiving benefits	2012-10-01	2
Number of other retired or separated participants entitled to future benefits	2012-10-01	15
Total of all active and inactive participants	2012-10-01	61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-10-01	0
Total participants	2012-10-01	61
Number of participants with account balances	2012-10-01	36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-10-01	0
2011: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-10-01	86
Total number of active participants reported on line 7a of the Form 5500	2011-10-01	38
Number of retired or separated participants receiving benefits	2011-10-01	1
Number of other retired or separated participants entitled to future benefits	2011-10-01	15
Total of all active and inactive participants	2011-10-01	54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-10-01	0
Total participants	2011-10-01	54
Number of participants with account balances	2011-10-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-10-01	5
2010: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-10-01	90
Total number of active participants reported on line 7a of the Form 5500	2010-10-01	46
Number of retired or separated participants receiving benefits	2010-10-01	1
Number of other retired or separated participants entitled to future benefits	2010-10-01	28
Total of all active and inactive participants	2010-10-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-10-01	0
Total participants	2010-10-01	75
Number of participants with account balances	2010-10-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-10-01	12
2009: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-10-01	91
Total number of active participants reported on line 7a of the Form 5500	2009-10-01	65
Number of retired or separated participants receiving benefits	2009-10-01	0
Number of other retired or separated participants entitled to future benefits	2009-10-01	16
Total of all active and inactive participants	2009-10-01	81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-10-01	0
Total participants	2009-10-01	81
Number of participants with account balances	2009-10-01	57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-10-01	6

Financial Data on MICHAEL TITZE CO., INC. PROFIT SHARING PLAN

Measure	Date	Value
2013 : MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-09-30	$0
Total plan liabilities at beginning of year	2013-09-30	$0
Total income from all sources	2013-09-30	$211,951
Expenses. Total of all expenses incurred	2013-09-30	$17,901
Benefits paid (including direct rollovers)	2013-09-30	$17,591
Total plan assets at end of year	2013-09-30	$1,350,260
Total plan assets at beginning of year	2013-09-30	$1,156,210
Value of fidelity bond covering the plan	2013-09-30	$175,000
Total contributions received or receivable from participants	2013-09-30	$82,958
Other income received	2013-09-30	$106,972
Net income (gross income less expenses)	2013-09-30	$194,050
Net plan assets at end of year (total assets less liabilities)	2013-09-30	$1,350,260
Net plan assets at beginning of year (total assets less liabilities)	2013-09-30	$1,156,210
Total contributions received or receivable from employer(s)	2013-09-30	$22,021
Expenses. Administrative service providers (salaries,fees and commissions)	2013-09-30	$310
2012 : MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-09-30	$0
Total plan liabilities at beginning of year	2012-09-30	$0
Total income from all sources	2012-09-30	$226,688
Expenses. Total of all expenses incurred	2012-09-30	$82,865
Benefits paid (including direct rollovers)	2012-09-30	$71,889
Total plan assets at end of year	2012-09-30	$1,156,210
Total plan assets at beginning of year	2012-09-30	$1,012,387
Value of fidelity bond covering the plan	2012-09-30	$175,000
Total contributions received or receivable from participants	2012-09-30	$27,276
Other income received	2012-09-30	$196,836
Net income (gross income less expenses)	2012-09-30	$143,823
Net plan assets at end of year (total assets less liabilities)	2012-09-30	$1,156,210
Net plan assets at beginning of year (total assets less liabilities)	2012-09-30	$1,012,387
Total contributions received or receivable from employer(s)	2012-09-30	$2,576
Expenses. Administrative service providers (salaries,fees and commissions)	2012-09-30	$10,976
2011 : MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-09-30	$0
Total plan liabilities at beginning of year	2011-09-30	$0
Total income from all sources	2011-09-30	$-19,763
Expenses. Total of all expenses incurred	2011-09-30	$17,007
Benefits paid (including direct rollovers)	2011-09-30	$2,835
Total plan assets at end of year	2011-09-30	$1,012,387
Total plan assets at beginning of year	2011-09-30	$1,049,157
Value of fidelity bond covering the plan	2011-09-30	$175,000
Other income received	2011-09-30	$-19,763
Net income (gross income less expenses)	2011-09-30	$-36,770
Net plan assets at end of year (total assets less liabilities)	2011-09-30	$1,012,387
Net plan assets at beginning of year (total assets less liabilities)	2011-09-30	$1,049,157
Expenses. Administrative service providers (salaries,fees and commissions)	2011-09-30	$14,172

Form 5500 Responses for MICHAEL TITZE CO., INC. PROFIT SHARING PLAN

2012: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-10-01	Type of plan entity	Single employer plan
2012-10-01	Submission has been amended	No
2012-10-01	This submission is the final filing	No
2012-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-10-01	Plan is a collectively bargained plan	No
2012-10-01	Plan funding arrangement – Insurance	Yes
2012-10-01	Plan funding arrangement – Trust	Yes
2012-10-01	Plan benefit arrangement – Insurance	Yes
2012-10-01	Plan benefit arrangement - Trust	Yes
2011: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-10-01	Type of plan entity	Single employer plan
2011-10-01	Submission has been amended	No
2011-10-01	This submission is the final filing	No
2011-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-10-01	Plan is a collectively bargained plan	No
2011-10-01	Plan funding arrangement – Insurance	Yes
2011-10-01	Plan funding arrangement – Trust	Yes
2011-10-01	Plan benefit arrangement – Insurance	Yes
2011-10-01	Plan benefit arrangement - Trust	Yes
2010: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-10-01	Type of plan entity	Single employer plan
2010-10-01	Submission has been amended	No
2010-10-01	This submission is the final filing	No
2010-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-10-01	Plan is a collectively bargained plan	No
2010-10-01	Plan funding arrangement – Trust	Yes
2010-10-01	Plan benefit arrangement - Trust	Yes
2009: MICHAEL TITZE CO., INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-10-01	Type of plan entity	Single employer plan
2009-10-01	Submission has been amended	No
2009-10-01	This submission is the final filing	No
2009-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-10-01	Plan is a collectively bargained plan	No
2009-10-01	Plan funding arrangement – Trust	Yes
2009-10-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106852

Policy instance

Insurance contract or identification number	106852
Number of Individuals Covered	35
Insurance policy start date	2012-10-01
Insurance policy end date	2013-09-30
Total amount of commissions paid to insurance broker	USD $4,085
Total amount of fees paid to insurance company	USD $3,964
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $4,085
Insurance broker organization code?	3
Amount paid for insurance broker fees	2429
Additional information about fees paid to insurance broker	ADMIN FEES
Insurance broker name	MOORE ELLISON & MCDUFFIE, CPAS

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106852

Policy instance

Insurance contract or identification number	106852
Number of Individuals Covered	37
Insurance policy start date	2012-06-05
Total amount of commissions paid to insurance broker	USD $1,376
Total amount of fees paid to insurance company	USD $2,500
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No

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Company Name:	MICHAEL TITZE COMPANY, INC.
Employer identification number (EIN):	592456535
NAIC Classification:	722511
NAIC Description:	Full-Service Restaurants

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	1984-10-05
Company Identification Number:	H24319
Legal Registered Office Address:	929 Live Oak Plantation Rd TALLAHASSEE 32312