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CENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN 401k Plan overview

Plan NameCENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN
Plan identification number 002

CENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN Benefits

401k Plan TypeDefined 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.
  • 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

CENTRAL DISTRIBUTORS, INC. has sponsored the creation of one or more 401k plans.

Company Name:CENTRAL DISTRIBUTORS, INC.
Employer identification number (EIN):010042570
NAIC Classification:424800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-01-01MICHAEL BARRIAULT
0022016-01-01MICHAEL BARRIAULT MICHAEL BARRIAULT2017-10-16
0022015-01-01MICHAEL D BARRIAULT2016-06-24 MICHAEL D BARRIAULT2016-06-24
0022014-01-01MICHAEL D BARRIAULT2015-06-17 DENNIS A BARRIAULT2015-06-17
0022013-01-01DENNIS A BARRIAULT2014-06-10 DENNIS A BARRIAULT2014-06-10
0022012-01-01DENNIS A BARRIAULT2013-06-12
0022011-01-01DENNIS A BARRIAULT2012-06-20
0022010-01-01DENNIS A BARRIAULT2011-06-29 DENNIS A BARRIAULT2011-06-29

Plan Statistics for CENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN

401k plan membership statisitcs for CENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN

Measure Date Value
2017
Total participants, beginning-of-year2017-01-01117
Total number of active participants reported on line 7a of the Form 55002017-01-01115
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0127
Total of all active and inactive participants2017-01-01142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01142
Number of participants with account balances2017-01-01140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0112
2016
Total participants, beginning-of-year2016-01-01122
Total number of active participants reported on line 7a of the Form 55002016-01-0193
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0120
Total of all active and inactive participants2016-01-01113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01113
Number of participants with account balances2016-01-01113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014

Financial Data on CENTRAL DISTRIBUTORS, INC. EMPLOYEE SAVINGS PLAN

Measure Date Value
2018
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$154,788
Total of all expenses incurred2018-12-31$429,556
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$418,118
Value of total corrective distributions2018-12-31$3,606
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$484,016
Value of total assets at end of year2018-12-31$8,810,430
Value of total assets at beginning of year2018-12-31$9,085,198
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$7,832
Total interest from all sources2018-12-31$7,569
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$6,542
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$208,538
Participant contributions at end of year2018-12-31$153,029
Participant contributions at beginning of year2018-12-31$150,962
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$5,100
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$108,222
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Liabilities. Value of operating payables at end of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-274,768
Value of net assets at end of year (total assets less liabilities)2018-12-31$8,810,430
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$9,085,198
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$8,617,401
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$8,851,956
Interest on participant loans2018-12-31$7,569
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-336,797
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$167,256
Employer contributions (assets) at end of year2018-12-31$40,000
Employer contributions (assets) at beginning of year2018-12-31$77,180
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$418,118
Contract administrator fees2018-12-31$1,290
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31OUELLETTE & ASSOCIATES
Accountancy firm EIN2018-12-31010448675
2017
Total income from all sources (including contributions)2017-12-31$1,835,989
Total of all expenses incurred2017-12-31$123,940
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$108,323
Value of total corrective distributions2017-12-31$2,717
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$634,734
Value of total assets at end of year2017-12-31$9,085,198
Value of total assets at beginning of year2017-12-31$7,373,149
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$12,900
Total interest from all sources2017-12-31$6,803
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$300
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$190,519
Participant contributions at end of year2017-12-31$150,962
Participant contributions at beginning of year2017-12-31$125,864
Participant contributions at end of year2017-12-31$5,100
Participant contributions at beginning of year2017-12-31$5,564
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$286,167
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$1,712,049
Value of net assets at end of year (total assets less liabilities)2017-12-31$9,085,198
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$7,373,149
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$8,851,956
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$7,159,980
Income. Interest from loans (other than to participants)2017-12-31$6,663
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$140
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,194,452
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$158,048
Employer contributions (assets) at end of year2017-12-31$77,180
Employer contributions (assets) at beginning of year2017-12-31$81,741
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$108,323
Contract administrator fees2017-12-31$12,600
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31OUELLETTE & ASSOCIATES
Accountancy firm EIN2017-12-31010448675
2016
Total income from all sources (including contributions)2016-12-31$950,339
Total of all expenses incurred2016-12-31$186,502
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$183,183
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$396,247
Value of total assets at end of year2016-12-31$7,373,149
Value of total assets at beginning of year2016-12-31$6,609,312
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$3,319
Total interest from all sources2016-12-31$6,310
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$250
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$168,093
Participant contributions at end of year2016-12-31$125,864
Participant contributions at beginning of year2016-12-31$108,213
Participant contributions at end of year2016-12-31$5,564
Participant contributions at beginning of year2016-12-31$2,887
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$7,254
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$763,837
Value of net assets at end of year (total assets less liabilities)2016-12-31$7,373,149
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$6,609,312
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$7,159,980
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$6,487,596
Interest on participant loans2016-12-31$3,808
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$2,502
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$547,782
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$220,900
Employer contributions (assets) at end of year2016-12-31$81,741
Employer contributions (assets) at beginning of year2016-12-31$10,616
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$183,183
Contract administrator fees2016-12-31$3,069
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31OUELLETTE & ASSOCIATES
Accountancy firm EIN2016-12-31010448675

Form 5500 Responses

2017
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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