401k Plan data: FURNACE BROKERS INC PROFIT SHARING PLAN plan

FURNACE BROKERS INC PROFIT SHARING PLAN 401k Plan overview

Plan Name	FURNACE BROKERS INC PROFIT SHARING PLAN
Plan identification number	003

FURNACE BROKERS INC PROFIT SHARING PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Profit-sharing 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

FURNACE BROKERS INC has sponsored the creation of one or more 401k plans.

Company Name: FURNACE BROKERS INC

Employer identification number (EIN): 061093614

NAIC Classification: 423700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FURNACE BROKERS INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2016-07-01
003 2015-07-01
003 2014-07-01
003 2013-07-01
003 2012-07-01 CLARENCE SHERMAN
003 2011-07-01 CLARENCE SHERMAN
003 2010-07-01 CLARENCE SHERMAN
003 2009-07-01 CLARENCE SHERMAN
003 2009-07-01 CLARENCE SHERMAN

Plan Statistics for FURNACE BROKERS INC PROFIT SHARING PLAN

401k plan membership statisitcs for FURNACE BROKERS INC PROFIT SHARING PLAN

Measure Date Value
2016: FURNACE BROKERS INC PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2016-07-01 0
Number of retired or separated participants receiving benefits 2016-07-01 0
Number of other retired or separated participants entitled to future benefits 2016-07-01 0
Total of all active and inactive participants 2016-07-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-07-01 0
Total participants 2016-07-01 0
Number of participants with account balances 2016-07-01 0
2015: FURNACE BROKERS INC PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2015-07-01 3
Number of retired or separated participants receiving benefits 2015-07-01 0
Number of other retired or separated participants entitled to future benefits 2015-07-01 0
Total of all active and inactive participants 2015-07-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-07-01 0
Total participants 2015-07-01 3
Number of participants with account balances 2015-07-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-07-01 0
2014: FURNACE BROKERS INC PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2014-07-01 3
Total of all active and inactive participants 2014-07-01 3
Total participants 2014-07-01 3
Number of participants with account balances 2014-07-01 3
2013: FURNACE BROKERS INC PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2013-07-01 3
Total of all active and inactive participants 2013-07-01 3
Total participants 2013-07-01 3
Number of participants with account balances 2013-07-01 3
2012: FURNACE BROKERS INC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2012-07-01 3
Total of all active and inactive participants 2012-07-01 3
Total participants 2012-07-01 3
Number of participants with account balances 2012-07-01 3
2011: FURNACE BROKERS INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2011-07-01 3
Total of all active and inactive participants 2011-07-01 3
Total participants 2011-07-01 3
Number of participants with account balances 2011-07-01 2
2010: FURNACE BROKERS INC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2010-07-01 3
Total of all active and inactive participants 2010-07-01 3
Total participants 2010-07-01 3
Number of participants with account balances 2010-07-01 2
2009: FURNACE BROKERS INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-07-01 3
Total number of active participants reported on line 7a of the Form 5500 2009-07-01 3
Total of all active and inactive participants 2009-07-01 3
Total participants 2009-07-01 3
Number of participants with account balances 2009-07-01 2

Measure	Date	Value
2016: FURNACE BROKERS INC PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2016-07-01	0
Number of retired or separated participants receiving benefits	2016-07-01	0
Number of other retired or separated participants entitled to future benefits	2016-07-01	0
Total of all active and inactive participants	2016-07-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-07-01	0
Total participants	2016-07-01	0
Number of participants with account balances	2016-07-01	0
2015: FURNACE BROKERS INC PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2015-07-01	3
Number of retired or separated participants receiving benefits	2015-07-01	0
Number of other retired or separated participants entitled to future benefits	2015-07-01	0
Total of all active and inactive participants	2015-07-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-07-01	0
Total participants	2015-07-01	3
Number of participants with account balances	2015-07-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-07-01	0
2014: FURNACE BROKERS INC PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2014-07-01	3
Total of all active and inactive participants	2014-07-01	3
Total participants	2014-07-01	3
Number of participants with account balances	2014-07-01	3
2013: FURNACE BROKERS INC PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2013-07-01	3
Total of all active and inactive participants	2013-07-01	3
Total participants	2013-07-01	3
Number of participants with account balances	2013-07-01	3
2012: FURNACE BROKERS INC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2012-07-01	3
Total of all active and inactive participants	2012-07-01	3
Total participants	2012-07-01	3
Number of participants with account balances	2012-07-01	3
2011: FURNACE BROKERS INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2011-07-01	3
Total of all active and inactive participants	2011-07-01	3
Total participants	2011-07-01	3
Number of participants with account balances	2011-07-01	2
2010: FURNACE BROKERS INC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2010-07-01	3
Total of all active and inactive participants	2010-07-01	3
Total participants	2010-07-01	3
Number of participants with account balances	2010-07-01	2
2009: FURNACE BROKERS INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-07-01	3
Total number of active participants reported on line 7a of the Form 5500	2009-07-01	3
Total of all active and inactive participants	2009-07-01	3
Total participants	2009-07-01	3
Number of participants with account balances	2009-07-01	2

Financial Data on FURNACE BROKERS INC PROFIT SHARING PLAN

Measure	Date	Value
2017 : FURNACE BROKERS INC PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources	2017-01-18	$30,438
Expenses. Total of all expenses incurred	2017-01-18	$777,452
Benefits paid (including direct rollovers)	2017-01-18	$777,452
Total plan assets at end of year	2017-01-18	$0
Total plan assets at beginning of year	2017-01-18	$747,014
Value of fidelity bond covering the plan	2017-01-18	$75,000
Other income received	2017-01-18	$30,438
Net income (gross income less expenses)	2017-01-18	$-747,014
Net plan assets at end of year (total assets less liabilities)	2017-01-18	$0
Net plan assets at beginning of year (total assets less liabilities)	2017-01-18	$747,014
Assets. Value of participant loans	2017-01-18	$0
2016 : FURNACE BROKERS INC PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-06-30	$70,555
Total plan assets at end of year	2016-06-30	$747,014
Total plan assets at beginning of year	2016-06-30	$676,459
Value of fidelity bond covering the plan	2016-06-30	$72,000
Other income received	2016-06-30	$70,555
Net income (gross income less expenses)	2016-06-30	$70,555
Net plan assets at end of year (total assets less liabilities)	2016-06-30	$747,014
Net plan assets at beginning of year (total assets less liabilities)	2016-06-30	$676,459
Assets. Value of participant loans	2016-06-30	$41,019
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-06-30	$0
2015 : FURNACE BROKERS INC PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-06-30	$8,736
Expenses. Total of all expenses incurred	2015-06-30	$14,000
Benefits paid (including direct rollovers)	2015-06-30	$14,000
Total plan assets at end of year	2015-06-30	$676,459
Total plan assets at beginning of year	2015-06-30	$681,723
Value of fidelity bond covering the plan	2015-06-30	$72,000
Other income received	2015-06-30	$8,736
Net income (gross income less expenses)	2015-06-30	$-5,264
Net plan assets at end of year (total assets less liabilities)	2015-06-30	$676,459
Net plan assets at beginning of year (total assets less liabilities)	2015-06-30	$681,723
Assets. Value of participant loans	2015-06-30	$50,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-06-30	$0
2014 : FURNACE BROKERS INC PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-06-30	$80,137
Expenses. Total of all expenses incurred	2014-06-30	$13,000
Benefits paid (including direct rollovers)	2014-06-30	$13,000
Total plan assets at end of year	2014-06-30	$681,723
Total plan assets at beginning of year	2014-06-30	$614,586
Value of fidelity bond covering the plan	2014-06-30	$62,000
Other income received	2014-06-30	$42,637
Net income (gross income less expenses)	2014-06-30	$67,137
Net plan assets at end of year (total assets less liabilities)	2014-06-30	$681,723
Net plan assets at beginning of year (total assets less liabilities)	2014-06-30	$614,586
Total contributions received or receivable from employer(s)	2014-06-30	$37,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-06-30	$0
2013 : FURNACE BROKERS INC PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-06-30	$109,222
Total plan assets at end of year	2013-06-30	$614,586
Total plan assets at beginning of year	2013-06-30	$505,364
Value of fidelity bond covering the plan	2013-06-30	$62,000
Other income received	2013-06-30	$84,222
Net income (gross income less expenses)	2013-06-30	$109,222
Net plan assets at end of year (total assets less liabilities)	2013-06-30	$614,586
Net plan assets at beginning of year (total assets less liabilities)	2013-06-30	$505,364
Assets. Value of participant loans	2013-06-30	$36,978
Total contributions received or receivable from employer(s)	2013-06-30	$25,000
2012 : FURNACE BROKERS INC PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-06-30	$21,269
Total plan assets at end of year	2012-06-30	$505,364
Total plan assets at beginning of year	2012-06-30	$484,095
Value of fidelity bond covering the plan	2012-06-30	$40,000
Other income received	2012-06-30	$21,269
Net income (gross income less expenses)	2012-06-30	$21,269
Net plan assets at end of year (total assets less liabilities)	2012-06-30	$505,364
Net plan assets at beginning of year (total assets less liabilities)	2012-06-30	$484,095
Assets. Value of participant loans	2012-06-30	$12,093
2011 : FURNACE BROKERS INC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-06-30	$98,921
Total plan assets at end of year	2011-06-30	$484,095
Total plan assets at beginning of year	2011-06-30	$385,174
Value of fidelity bond covering the plan	2011-06-30	$40,000
Other income received	2011-06-30	$98,921
Net income (gross income less expenses)	2011-06-30	$98,921
Net plan assets at end of year (total assets less liabilities)	2011-06-30	$484,095
Net plan assets at beginning of year (total assets less liabilities)	2011-06-30	$385,174
Assets. Value of participant loans	2011-06-30	$16,294

Form 5500 Responses for FURNACE BROKERS INC PROFIT SHARING PLAN

2016: FURNACE BROKERS INC PROFIT SHARING PLAN 2016 form 5500 responses
2016-07-01	Type of plan entity	Single employer plan
2016-07-01	This submission is the final filing	Yes
2016-07-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-07-01	Plan funding arrangement – Trust	Yes
2016-07-01	Plan benefit arrangement - Trust	Yes
2015: FURNACE BROKERS INC PROFIT SHARING PLAN 2015 form 5500 responses
2015-07-01	Type of plan entity	Single employer plan
2015-07-01	Plan funding arrangement – Trust	Yes
2015-07-01	Plan benefit arrangement - Trust	Yes
2014: FURNACE BROKERS INC PROFIT SHARING PLAN 2014 form 5500 responses
2014-07-01	Type of plan entity	Single employer plan
2014-07-01	Plan funding arrangement – Trust	Yes
2014-07-01	Plan benefit arrangement - Trust	Yes
2013: FURNACE BROKERS INC PROFIT SHARING PLAN 2013 form 5500 responses
2013-07-01	Type of plan entity	Single employer plan
2013-07-01	Plan funding arrangement – Trust	Yes
2013-07-01	Plan benefit arrangement - Trust	Yes
2012: FURNACE BROKERS INC PROFIT SHARING PLAN 2012 form 5500 responses
2012-07-01	Type of plan entity	Single employer plan
2012-07-01	Plan funding arrangement – Trust	Yes
2012-07-01	Plan benefit arrangement - Trust	Yes
2011: FURNACE BROKERS INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-07-01	Type of plan entity	Single employer plan
2011-07-01	Plan funding arrangement – Trust	Yes
2011-07-01	Plan benefit arrangement - Trust	Yes
2010: FURNACE BROKERS INC PROFIT SHARING PLAN 2010 form 5500 responses
2010-07-01	Type of plan entity	Single employer plan
2010-07-01	Plan funding arrangement – Trust	Yes
2010-07-01	Plan benefit arrangement - Trust	Yes
2009: FURNACE BROKERS INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-07-01	Type of plan entity	Single employer plan
2009-07-01	This submission is the final filing	No
2009-07-01	Plan funding arrangement – Trust	Yes
2009-07-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FURNACE BROKERS INC
Employer identification number (EIN):	061093614
NAIC Classification:	423700