401k Plan data: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN plan

RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	RECOGNITION, INC 401 (K) PROFIT SHARING PLAN
Plan identification number	001

RECOGNITION, INC 401 (K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Participant-directed brokerage accounts provided as an investment option under the plan.

401k Sponsoring company profile

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

Company Name: RECOGNITION INC

Employer identification number (EIN): 061200105

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RECOGNITION, INC 401 (K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2008-05-01
001 2008-05-01 RICHARD MERRICK
001 2007-05-01 RICHARD MERRICK

Plan Statistics for RECOGNITION, INC 401 (K) PROFIT SHARING PLAN

401k plan membership statisitcs for RECOGNITION, INC 401 (K) PROFIT SHARING PLAN

Measure Date Value
2008: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year 2008-05-01 6
Total number of active participants reported on line 7a of the Form 5500 2008-05-01 5
Number of other retired or separated participants entitled to future benefits 2008-05-01 2
Total of all active and inactive participants 2008-05-01 7
Total participants 2008-05-01 7
Number of participants with account balances 2008-05-01 5
2007: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2007 401k membership
Total participants, beginning-of-year 2007-05-01 6
Total number of active participants reported on line 7a of the Form 5500 2007-05-01 4
Number of other retired or separated participants entitled to future benefits 2007-05-01 2
Total of all active and inactive participants 2007-05-01 6
Total participants 2007-05-01 6
Number of participants with account balances 2007-05-01 6

Measure	Date	Value
2008: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year	2008-05-01	6
Total number of active participants reported on line 7a of the Form 5500	2008-05-01	5
Number of other retired or separated participants entitled to future benefits	2008-05-01	2
Total of all active and inactive participants	2008-05-01	7
Total participants	2008-05-01	7
Number of participants with account balances	2008-05-01	5
2007: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2007 401k membership
Total participants, beginning-of-year	2007-05-01	6
Total number of active participants reported on line 7a of the Form 5500	2007-05-01	4
Number of other retired or separated participants entitled to future benefits	2007-05-01	2
Total of all active and inactive participants	2007-05-01	6
Total participants	2007-05-01	6
Number of participants with account balances	2007-05-01	6

Financial Data on RECOGNITION, INC 401 (K) PROFIT SHARING PLAN

Measure	Date	Value
2009 : RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2009 401k financial data
Total income from all sources	2009-04-30	$-45,234
Total plan assets at end of year	2009-04-30	$108,543
Total plan assets at beginning of year	2009-04-30	$153,777
Total contributions received or receivable from participants	2009-04-30	$18,077
Other income received	2009-04-30	$-63,311
Net income (gross income less expenses)	2009-04-30	$-45,234
Net plan assets at end of year (total assets less liabilities)	2009-04-30	$108,543
Net plan assets at beginning of year (total assets less liabilities)	2009-04-30	$153,777
2008 : RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2008 401k financial data
Total income from all sources	2008-04-30	$-5,916
Total plan assets at end of year	2008-04-30	$153,777
Total plan assets at beginning of year	2008-04-30	$159,693
Total contributions received or receivable from participants	2008-04-30	$18,372
Other income received	2008-04-30	$-24,288
Net income (gross income less expenses)	2008-04-30	$-5,916
Net plan assets at end of year (total assets less liabilities)	2008-04-30	$153,777
Net plan assets at beginning of year (total assets less liabilities)	2008-04-30	$159,693
2007 : RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2007 401k financial data
Total income from all sources	2007-04-30	$53,842
Expenses. Total of all expenses incurred	2007-04-30	$44,288
Benefits paid (including direct rollovers)	2007-04-30	$44,288
Total plan assets at end of year	2007-04-30	$159,693
Total plan assets at beginning of year	2007-04-30	$150,139
Total contributions received or receivable from participants	2007-04-30	$18,613
Other income received	2007-04-30	$35,229
Net income (gross income less expenses)	2007-04-30	$9,554
Net plan assets at end of year (total assets less liabilities)	2007-04-30	$159,693
Net plan assets at beginning of year (total assets less liabilities)	2007-04-30	$150,139

Form 5500 Responses for RECOGNITION, INC 401 (K) PROFIT SHARING PLAN

2008: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2008 form 5500 responses
2008-05-01	Type of plan entity	Single employer plan
2008-05-01	Submission has been amended	No
2008-05-01	This submission is the final filing	Yes
2008-05-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-05-01	Plan is a collectively bargained plan	No
2008-05-01	Plan funding arrangement – Trust	Yes
2008-05-01	Plan benefit arrangement - Trust	Yes
2007: RECOGNITION, INC 401 (K) PROFIT SHARING PLAN 2007 form 5500 responses
2007-05-01	Type of plan entity	Single employer plan
2007-05-01	Submission has been amended	No
2007-05-01	This submission is the final filing	No
2007-05-01	This return/report is a short plan year return/report (less than 12 months)	No
2007-05-01	Plan is a collectively bargained plan	No
2007-05-01	Plan funding arrangement – Trust	Yes
2007-05-01	Plan benefit arrangement - Trust	Yes

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Company Name:	RECOGNITION INC
Employer identification number (EIN):	061200105

Plan id#	Filing Submission Date	Name of Administrator
001	2008-05-01
001	2008-05-01	RICHARD MERRICK
001	2007-05-01	RICHARD MERRICK