401k Plan data: BALMAR, INC. 401(K) RETIREMENT PLAN plan

BALMAR, INC. 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	BALMAR, INC. 401(K) RETIREMENT PLAN
Plan identification number	001

BALMAR, INC. 401(K) RETIREMENT 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name: BALMAR, INC.

Employer identification number (EIN): 043725251

NAIC Classification: 323100

Additional information about BALMAR, INC.

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2002-11-25

Company Identification Number: 0587562

Legal Registered Office Address: 2818 FALLFAX DRIVE

FALLS CHURCH
United States of America (USA)
22042-2804

More information about BALMAR, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BALMAR, INC. 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 JOHN SNYDER JOHN SNYDER 2012-08-15
001 2010-01-01 JOHN SNYDER JOHN SNYDER 2011-10-07
001 2009-01-01 MARY KAY HUMFELT MARY KAY HUMFELT 2010-10-06

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	JOHN SNYDER	JOHN SNYDER	2012-08-15
001	2010-01-01	JOHN SNYDER	JOHN SNYDER	2011-10-07
001	2009-01-01	MARY KAY HUMFELT	MARY KAY HUMFELT	2010-10-06

Plan Statistics for BALMAR, INC. 401(K) RETIREMENT PLAN

401k plan membership statisitcs for BALMAR, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2011: BALMAR, INC. 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 168
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
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 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 0
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 4
2010: BALMAR, INC. 401(K) RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 222
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 129
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 43
Total of all active and inactive participants 2010-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 1
Total participants 2010-01-01 173
Number of participants with account balances 2010-01-01 130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 21
2009: BALMAR, INC. 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 267
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 175
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 68
Total of all active and inactive participants 2009-01-01 243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 244
Number of participants with account balances 2009-01-01 152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 48

Measure	Date	Value
2011: BALMAR, INC. 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	168
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
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	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	0
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	4
2010: BALMAR, INC. 401(K) RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	222
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	129
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	43
Total of all active and inactive participants	2010-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	1
Total participants	2010-01-01	173
Number of participants with account balances	2010-01-01	130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	21
2009: BALMAR, INC. 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	267
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	175
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	68
Total of all active and inactive participants	2009-01-01	243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	244
Number of participants with account balances	2009-01-01	152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	48

Financial Data on BALMAR, INC. 401(K) RETIREMENT PLAN

Measure	Date	Value
2011 : BALMAR, INC. 401(K) RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets	2011-10-03	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2011-10-03	$0
Total unrealized appreciation/depreciation of assets	2011-10-03	$0
Total transfer of assets to this plan	2011-10-03	$0
Total transfer of assets from this plan	2011-10-03	$6,911,958
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-10-03	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-10-03	$0
Total income from all sources (including contributions)	2011-10-03	$-344,928
Total loss/gain on sale of assets	2011-10-03	$0
Total of all expenses incurred	2011-10-03	$3,772,700
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-10-03	$3,771,666
Expenses. Certain deemed distributions of participant loans	2011-10-03	$0
Value of total corrective distributions	2011-10-03	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-10-03	$206,300
Value of total assets at end of year	2011-10-03	$0
Value of total assets at beginning of year	2011-10-03	$11,029,586
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-10-03	$1,034
Total income from rents	2011-10-03	$0
Total interest from all sources	2011-10-03	$23,731
Total dividends received (eg from common stock, registered investment company shares)	2011-10-03	$15,498
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-10-03	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-10-03	$0
Total dividends received from registered investment company shares (eg mutual funds)	2011-10-03	$15,498
Administrative expenses professional fees incurred	2011-10-03	$0
Was this plan covered by a fidelity bond	2011-10-03	Yes
Value of fidelity bond cover	2011-10-03	$1,000,000
If this is an individual account plan, was there a blackout period	2011-10-03	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-10-03	$0
Were there any nonexempt tranactions with any party-in-interest	2011-10-03	No
Amount of non-exempt transactions with any party-in-interest	2011-10-03	$0
Contributions received from participants	2011-10-03	$190,317
Participant contributions at end of year	2011-10-03	$0
Participant contributions at beginning of year	2011-10-03	$169,292
Participant contributions at end of year	2011-10-03	$0
Participant contributions at beginning of year	2011-10-03	$0
Income. Received or receivable in cash from other sources (including rollovers)	2011-10-03	$15,983
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2011-10-03	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-10-03	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-10-03	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-10-03	$0
Other income not declared elsewhere	2011-10-03	$0
Administrative expenses (other) incurred	2011-10-03	$0
Liabilities. Value of operating payables at beginning of year	2011-10-03	$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	2011-10-03	No
Value of net income/loss	2011-10-03	$-4,117,628
Value of net assets at end of year (total assets less liabilities)	2011-10-03	$0
Value of net assets at beginning of year (total assets less liabilities)	2011-10-03	$11,029,586
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-10-03	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-10-03	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	2011-10-03	$0
Were any leases to which the plan was party in default or uncollectible	2011-10-03	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2011-10-03	$0
Investment advisory and management fees	2011-10-03	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-10-03	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-10-03	$9,932,814
Interest on participant loans	2011-10-03	$3,485
Income. Interest from loans (other than to participants)	2011-10-03	$0
Interest earned on other investments	2011-10-03	$20,246
Income. Interest from US Government securities	2011-10-03	$0
Income. Interest from corporate debt instruments	2011-10-03	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-10-03	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-10-03	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-10-03	$927,480
Expenses. Payments to insurance carriers foe the provision of benefits	2011-10-03	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-10-03	$-590,457
Net investment gain/loss from pooled separate accounts	2011-10-03	$0
Net investment gain or loss from common/collective trusts	2011-10-03	$0
Net gain/loss from 103.12 investment entities	2011-10-03	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-10-03	No
Was there a failure to transmit to the plan any participant contributions	2011-10-03	No
Has the plan failed to provide any benefit when due under the plan	2011-10-03	No
Contributions received in cash from employer	2011-10-03	$0
Employer contributions (assets) at end of year	2011-10-03	$0
Employer contributions (assets) at beginning of year	2011-10-03	$0
Income. Dividends from preferred stock	2011-10-03	$0
Income. Dividends from common stock	2011-10-03	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-10-03	$3,771,666
Contract administrator fees	2011-10-03	$1,034
Liabilities. Value of benefit claims payable at beginning of year	2011-10-03	$0
Did the plan have assets held for investment	2011-10-03	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	2011-10-03	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-10-03	Yes
Aggregate proceeds on sale of assets	2011-10-03	$0
Aggregate carrying amount (costs) on sale of assets	2011-10-03	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2011-10-03	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-10-03	Yes
Opinion of an independent qualified public accountant for this plan	2011-10-03	Disclaimer
Accountancy firm name	2011-10-03	SMITH ELLIOTT KEARNS & CO, LLC
Accountancy firm EIN	2011-10-03	520783935
2010 : BALMAR, INC. 401(K) RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets	2010-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$0
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets to this plan	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,626,216
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$701,614
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$698,164
Expenses. Certain deemed distributions of participant loans	2010-12-31	$0
Value of total corrective distributions	2010-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$307,899
Value of total assets at end of year	2010-12-31	$11,029,586
Value of total assets at beginning of year	2010-12-31	$10,104,984
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$3,450
Total income from rents	2010-12-31	$0
Total interest from all sources	2010-12-31	$34,381
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$132,421
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	$132,421
Administrative expenses professional fees incurred	2010-12-31	$0
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Amount of non-exempt transactions with any party-in-interest	2010-12-31	$0
Contributions received from participants	2010-12-31	$305,508
Participant contributions at end of year	2010-12-31	$169,292
Participant contributions at beginning of year	2010-12-31	$203,976
Participant contributions at end of year	2010-12-31	$0
Participant contributions at beginning of year	2010-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$2,391
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$0
Other income not declared elsewhere	2010-12-31	$0
Administrative expenses (other) incurred	2010-12-31	$0
Liabilities. Value of operating payables at beginning of year	2010-12-31	$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	2010-12-31	No
Value of net income/loss	2010-12-31	$924,602
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$11,029,586
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$10,104,984
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
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	2010-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2010-12-31	$0
Investment advisory and management fees	2010-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$9,932,814
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$9,128,644
Interest on participant loans	2010-12-31	$8,558
Income. Interest from loans (other than to participants)	2010-12-31	$0
Interest earned on other investments	2010-12-31	$25,823
Income. Interest from US Government securities	2010-12-31	$0
Income. Interest from corporate debt instruments	2010-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$927,480
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$772,364
Expenses. Payments to insurance carriers foe the provision of benefits	2010-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,151,515
Net investment gain/loss from pooled separate accounts	2010-12-31	$0
Net investment gain or loss from common/collective trusts	2010-12-31	$0
Net gain/loss from 103.12 investment entities	2010-12-31	$0
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
Contributions received in cash from employer	2010-12-31	$0
Employer contributions (assets) at end of year	2010-12-31	$0
Employer contributions (assets) at beginning of year	2010-12-31	$0
Income. Dividends from preferred stock	2010-12-31	$0
Income. Dividends from common stock	2010-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$698,164
Contract administrator fees	2010-12-31	$3,450
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$0
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
Aggregate proceeds on sale of assets	2010-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2010-12-31	$0
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	SMITH ELLIOTT KEARNS & CO LLC
Accountancy firm EIN	2010-12-31	520783935
2009 : BALMAR, INC. 401(K) RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for BALMAR, INC. 401(K) RETIREMENT PLAN

2011: BALMAR, INC. 401(K) RETIREMENT 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 is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: BALMAR, INC. 401(K) RETIREMENT PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: BALMAR, INC. 401(K) RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BALMAR, INC.
Employer identification number (EIN):	043725251
NAIC Classification:	323100

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2002-11-25
Company Identification Number:	0587562
Legal Registered Office Address:	2818 FALLFAX DRIVE FALLS CHURCH United States of America (USA) 22042-2804