401k Plan data: KORG U.S.A., INC. RETIREMENT PLAN plan

KORG U.S.A., INC. RETIREMENT PLAN 401k Plan overview

Plan Name	KORG U.S.A., INC. RETIREMENT PLAN
Plan identification number	002

KORG U.S.A., INC. RETIREMENT 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

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

Company Name: KORG USA INC.

Employer identification number (EIN): 112774209

NAIC Classification: 423990
NAIC Description: Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KORG U.S.A., INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2017-04-01 DIANA CECCHINI 2018-03-19 DIANA CECCHINI 2018-03-19
002 2016-04-01 DIANA T. CECCHINI 2017-10-27 DIANA T CECCHINI 2017-10-27
002 2015-04-01 DIANA T. CECCHINI 2016-10-13 DIANA T CECCHINI 2016-10-13
002 2014-04-01 DIANA T. CECCHINI 2015-08-03 DIANA T CECCHINI 2015-08-03
002 2013-04-01 DIANA T. CECCHINI DIANA T. CECCHINI 2014-10-30
002 2012-04-01 DIANA T. CECCHINI DIANA T. CECCHINI 2014-01-14
002 2011-04-01 DIANA T. CECCHINI DIANA T. CECCHINI 2012-12-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2017-04-01	DIANA CECCHINI	2018-03-19	DIANA CECCHINI	2018-03-19
002	2016-04-01	DIANA T. CECCHINI	2017-10-27	DIANA T CECCHINI	2017-10-27
002	2015-04-01	DIANA T. CECCHINI	2016-10-13	DIANA T CECCHINI	2016-10-13
002	2014-04-01	DIANA T. CECCHINI	2015-08-03	DIANA T CECCHINI	2015-08-03
002	2013-04-01	DIANA T. CECCHINI		DIANA T. CECCHINI	2014-10-30
002	2012-04-01	DIANA T. CECCHINI		DIANA T. CECCHINI	2014-01-14
002	2011-04-01	DIANA T. CECCHINI		DIANA T. CECCHINI	2012-12-13

Plan Statistics for KORG U.S.A., INC. RETIREMENT PLAN

401k plan membership statisitcs for KORG U.S.A., INC. RETIREMENT PLAN

Measure Date Value
2013: KORG U.S.A., INC. RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-04-01 108
Total number of active participants reported on line 7a of the Form 5500 2013-04-01 77
Number of retired or separated participants receiving benefits 2013-04-01 0
Number of other retired or separated participants entitled to future benefits 2013-04-01 17
Total of all active and inactive participants 2013-04-01 94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-04-01 0
Total participants 2013-04-01 94
Number of participants with account balances 2013-04-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-04-01 0
2012: KORG U.S.A., INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-04-01 109
Total number of active participants reported on line 7a of the Form 5500 2012-04-01 77
Number of retired or separated participants receiving benefits 2012-04-01 0
Number of other retired or separated participants entitled to future benefits 2012-04-01 22
Total of all active and inactive participants 2012-04-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-04-01 0
Total participants 2012-04-01 99
Number of participants with account balances 2012-04-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-04-01 4
2011: KORG U.S.A., INC. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-04-01 121
Total number of active participants reported on line 7a of the Form 5500 2011-04-01 94
Number of retired or separated participants receiving benefits 2011-04-01 0
Number of other retired or separated participants entitled to future benefits 2011-04-01 15
Total of all active and inactive participants 2011-04-01 109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-04-01 0
Total participants 2011-04-01 109
Number of participants with account balances 2011-04-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-04-01 2

Measure	Date	Value
2013: KORG U.S.A., INC. RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-04-01	108
Total number of active participants reported on line 7a of the Form 5500	2013-04-01	77
Number of retired or separated participants receiving benefits	2013-04-01	0
Number of other retired or separated participants entitled to future benefits	2013-04-01	17
Total of all active and inactive participants	2013-04-01	94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-04-01	0
Total participants	2013-04-01	94
Number of participants with account balances	2013-04-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-04-01	0
2012: KORG U.S.A., INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-04-01	109
Total number of active participants reported on line 7a of the Form 5500	2012-04-01	77
Number of retired or separated participants receiving benefits	2012-04-01	0
Number of other retired or separated participants entitled to future benefits	2012-04-01	22
Total of all active and inactive participants	2012-04-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-04-01	0
Total participants	2012-04-01	99
Number of participants with account balances	2012-04-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-04-01	4
2011: KORG U.S.A., INC. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-04-01	121
Total number of active participants reported on line 7a of the Form 5500	2011-04-01	94
Number of retired or separated participants receiving benefits	2011-04-01	0
Number of other retired or separated participants entitled to future benefits	2011-04-01	15
Total of all active and inactive participants	2011-04-01	109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-04-01	0
Total participants	2011-04-01	109
Number of participants with account balances	2011-04-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-04-01	2

Financial Data on KORG U.S.A., INC. RETIREMENT PLAN

Measure	Date	Value
2014 : KORG U.S.A., INC. RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2014-03-31	$568,174
Total unrealized appreciation/depreciation of assets	2014-03-31	$568,174
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-03-31	$34,252
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-03-31	$118,120
Total income from all sources (including contributions)	2014-03-31	$975,486
Total loss/gain on sale of assets	2014-03-31	$182,753
Total of all expenses incurred	2014-03-31	$394,608
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-03-31	$316,856
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-03-31	$83,869
Value of total assets at end of year	2014-03-31	$6,556,147
Value of total assets at beginning of year	2014-03-31	$6,059,137
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-03-31	$77,752
Total interest from all sources	2014-03-31	$41,787
Total dividends received (eg from common stock, registered investment company shares)	2014-03-31	$98,903
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-03-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-03-31	$105
Was this plan covered by a fidelity bond	2014-03-31	Yes
Value of fidelity bond cover	2014-03-31	$500,000
If this is an individual account plan, was there a blackout period	2014-03-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-03-31	No
Participant contributions at end of year	2014-03-31	$48,367
Participant contributions at beginning of year	2014-03-31	$63,344
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-03-31	$14,749
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-03-31	$34,252
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-03-31	$118,120
Total non interest bearing cash at end of year	2014-03-31	$19,056
Total non interest bearing cash at beginning of year	2014-03-31	$1,119
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-03-31	No
Value of net income/loss	2014-03-31	$580,878
Value of net assets at end of year (total assets less liabilities)	2014-03-31	$6,521,895
Value of net assets at beginning of year (total assets less liabilities)	2014-03-31	$5,941,017
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-03-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-03-31	No
Were any leases to which the plan was party in default or uncollectible	2014-03-31	No
Investment advisory and management fees	2014-03-31	$77,752
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-03-31	$48,509
Interest on participant loans	2014-03-31	$2,258
Interest earned on other investments	2014-03-31	$88
Income. Interest from US Government securities	2014-03-31	$16,465
Income. Interest from corporate debt instruments	2014-03-31	$22,622
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-03-31	$337,400
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-03-31	$226,384
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-03-31	$226,384
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-03-31	$354
Expenses. Payments to insurance carriers foe the provision of benefits	2014-03-31	$14,177
Asset value of US Government securities at end of year	2014-03-31	$680,791
Asset value of US Government securities at beginning of year	2014-03-31	$992,545
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-03-31	No
Was there a failure to transmit to the plan any participant contributions	2014-03-31	No
Has the plan failed to provide any benefit when due under the plan	2014-03-31	No
Contributions received in cash from employer	2014-03-31	$83,869
Income. Dividends from common stock	2014-03-31	$98,798
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-03-31	$302,679
Asset. Corporate debt instrument preferred debt at end of year	2014-03-31	$537,208
Assets. Corporate common stocks other than exployer securities at end of year	2014-03-31	$4,933,325
Assets. Corporate common stocks other than exployer securities at beginning of year	2014-03-31	$4,712,487
Did the plan have assets held for investment	2014-03-31	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	2014-03-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-03-31	No
Aggregate proceeds on sale of assets	2014-03-31	$3,571,163
Aggregate carrying amount (costs) on sale of assets	2014-03-31	$3,388,410
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-03-31	No
Opinion of an independent qualified public accountant for this plan	2014-03-31	Unqualified
Accountancy firm name	2014-03-31	WEISER MAZARS LLP
Accountancy firm EIN	2014-03-31	131459550
2013 : KORG U.S.A., INC. RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-03-31	$346,517
Total unrealized appreciation/depreciation of assets	2013-03-31	$346,517
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-03-31	$118,120
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-03-31	$118,120
Total income from all sources (including contributions)	2013-03-31	$474,019
Total loss/gain on sale of assets	2013-03-31	$-15,579
Total of all expenses incurred	2013-03-31	$445,798
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-03-31	$375,137
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-03-31	$0
Value of total assets at end of year	2013-03-31	$6,059,137
Value of total assets at beginning of year	2013-03-31	$6,030,916
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-03-31	$70,661
Total interest from all sources	2013-03-31	$28,778
Total dividends received (eg from common stock, registered investment company shares)	2013-03-31	$111,947
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-03-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-03-31	$1,226
Was this plan covered by a fidelity bond	2013-03-31	Yes
Value of fidelity bond cover	2013-03-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2013-03-31	No
Participant contributions at end of year	2013-03-31	$63,344
Participant contributions at beginning of year	2013-03-31	$82,269
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-03-31	$14,749
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-03-31	$7,764
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-03-31	$118,120
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-03-31	$118,120
Other income not declared elsewhere	2013-03-31	$0
Total non interest bearing cash at end of year	2013-03-31	$1,119
Total non interest bearing cash at beginning of year	2013-03-31	$29,416
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-03-31	No
Value of net income/loss	2013-03-31	$28,221
Value of net assets at end of year (total assets less liabilities)	2013-03-31	$5,941,017
Value of net assets at beginning of year (total assets less liabilities)	2013-03-31	$5,912,796
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-03-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-03-31	No
Were any leases to which the plan was party in default or uncollectible	2013-03-31	No
Investment advisory and management fees	2013-03-31	$70,661
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-03-31	$48,509
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-03-31	$62,820
Interest on participant loans	2013-03-31	$3,326
Interest earned on other investments	2013-03-31	$26
Income. Interest from US Government securities	2013-03-31	$25,151
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-03-31	$226,384
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-03-31	$462,805
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-03-31	$462,805
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-03-31	$275
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-03-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2013-03-31	$14,177
Asset value of US Government securities at end of year	2013-03-31	$992,545
Asset value of US Government securities at beginning of year	2013-03-31	$925,542
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-03-31	$2,356
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-03-31	No
Was there a failure to transmit to the plan any participant contributions	2013-03-31	No
Has the plan failed to provide any benefit when due under the plan	2013-03-31	No
Income. Dividends from common stock	2013-03-31	$110,721
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-03-31	$360,960
Assets. Corporate common stocks other than exployer securities at end of year	2013-03-31	$4,712,487
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-03-31	$4,460,300
Did the plan have assets held for investment	2013-03-31	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	2013-03-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-03-31	No
Aggregate proceeds on sale of assets	2013-03-31	$2,290,802
Aggregate carrying amount (costs) on sale of assets	2013-03-31	$2,306,381
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-03-31	No
Opinion of an independent qualified public accountant for this plan	2013-03-31	Unqualified
Accountancy firm name	2013-03-31	WEISER MAZARS LLP
Accountancy firm EIN	2013-03-31	131459550
2012 : KORG U.S.A., INC. RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-03-31	$245,171
Total unrealized appreciation/depreciation of assets	2012-03-31	$245,171
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-03-31	$118,120
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-03-31	$0
Total income from all sources (including contributions)	2012-03-31	$344,745
Total loss/gain on sale of assets	2012-03-31	$-66,246
Total of all expenses incurred	2012-03-31	$1,470,986
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-03-31	$1,391,915
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-03-31	$0
Value of total assets at end of year	2012-03-31	$6,030,916
Value of total assets at beginning of year	2012-03-31	$7,039,037
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-03-31	$79,071
Total interest from all sources	2012-03-31	$38,643
Total dividends received (eg from common stock, registered investment company shares)	2012-03-31	$119,671
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-03-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-03-31	$6,426
Administrative expenses professional fees incurred	2012-03-31	$79,071
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2012-03-31	$3,288
Was this plan covered by a fidelity bond	2012-03-31	Yes
Value of fidelity bond cover	2012-03-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2012-03-31	No
Participant contributions at end of year	2012-03-31	$82,269
Participant contributions at beginning of year	2012-03-31	$66,277
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2012-03-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-03-31	$7,764
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-03-31	$2,448
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-03-31	$118,120
Other income not declared elsewhere	2012-03-31	$7,634
Total non interest bearing cash at end of year	2012-03-31	$29,416
Total non interest bearing cash at beginning of year	2012-03-31	$2,311
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-03-31	No
Value of net income/loss	2012-03-31	$-1,126,241
Value of net assets at end of year (total assets less liabilities)	2012-03-31	$5,912,796
Value of net assets at beginning of year (total assets less liabilities)	2012-03-31	$7,039,037
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-03-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-03-31	No
Were any leases to which the plan was party in default or uncollectible	2012-03-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-03-31	$62,820
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-03-31	$108,699
Interest on participant loans	2012-03-31	$2,897
Income. Interest from US Government securities	2012-03-31	$33,597
Income. Interest from corporate debt instruments	2012-03-31	$1,813
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-03-31	$462,805
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-03-31	$277,568
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-03-31	$277,568
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-03-31	$336
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-03-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2012-03-31	$14,478
Asset value of US Government securities at end of year	2012-03-31	$925,542
Asset value of US Government securities at beginning of year	2012-03-31	$1,271,400
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-03-31	$-128
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-03-31	No
Was there a failure to transmit to the plan any participant contributions	2012-03-31	No
Has the plan failed to provide any benefit when due under the plan	2012-03-31	No
Employer contributions (assets) at beginning of year	2012-03-31	$10,219
Income. Dividends from preferred stock	2012-03-31	$196
Income. Dividends from common stock	2012-03-31	$113,049
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-03-31	$1,377,437
Asset. Corporate debt instrument preferred debt at beginning of year	2012-03-31	$68,622
Assets. Corporate common stocks other than exployer securities at end of year	2012-03-31	$4,460,300
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-03-31	$5,228,205
Did the plan have assets held for investment	2012-03-31	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	2012-03-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-03-31	No
Aggregate proceeds on sale of assets	2012-03-31	$5,067,847
Aggregate carrying amount (costs) on sale of assets	2012-03-31	$5,134,093
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-03-31	No
Opinion of an independent qualified public accountant for this plan	2012-03-31	Unqualified
Accountancy firm name	2012-03-31	WEISERMAZARS LLP
Accountancy firm EIN	2012-03-31	131459550
2011 : KORG U.S.A., INC. RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-03-31	$660,053
Total unrealized appreciation/depreciation of assets	2011-03-31	$660,053
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-03-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-03-31	$0
Total income from all sources (including contributions)	2011-03-31	$1,063,963
Total loss/gain on sale of assets	2011-03-31	$51,687
Total of all expenses incurred	2011-03-31	$372,312
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-03-31	$302,078
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-03-31	$177,301
Value of total assets at end of year	2011-03-31	$7,039,037
Value of total assets at beginning of year	2011-03-31	$6,347,386
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-03-31	$70,234
Total interest from all sources	2011-03-31	$54,145
Total dividends received (eg from common stock, registered investment company shares)	2011-03-31	$105,767
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-03-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-03-31	$3,468
Assets. Corporate prefeered stocks other than exployer securities at end of year	2011-03-31	$3,288
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2011-03-31	$2,205
Was this plan covered by a fidelity bond	2011-03-31	Yes
Value of fidelity bond cover	2011-03-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-03-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-03-31	No
Participant contributions at end of year	2011-03-31	$66,277
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-03-31	$2,448
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-03-31	$1,812
Other income not declared elsewhere	2011-03-31	$8,550
Administrative expenses (other) incurred	2011-03-31	$70,234
Total non interest bearing cash at end of year	2011-03-31	$2,311
Total non interest bearing cash at beginning of year	2011-03-31	$4,805
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-03-31	No
Value of net income/loss	2011-03-31	$691,651
Value of net assets at end of year (total assets less liabilities)	2011-03-31	$7,039,037
Value of net assets at beginning of year (total assets less liabilities)	2011-03-31	$6,347,386
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-03-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-03-31	No
Were any leases to which the plan was party in default or uncollectible	2011-03-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-03-31	$108,699
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-03-31	$101,681
Interest on participant loans	2011-03-31	$2,600
Income. Interest from US Government securities	2011-03-31	$49,042
Income. Interest from corporate debt instruments	2011-03-31	$2,031
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-03-31	$277,568
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-03-31	$342,796
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-03-31	$342,796
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-03-31	$472
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-03-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-03-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2011-03-31	$14,478
Asset value of US Government securities at end of year	2011-03-31	$1,271,400
Asset value of US Government securities at beginning of year	2011-03-31	$1,191,889
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-03-31	$6,460
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-03-31	No
Was there a failure to transmit to the plan any participant contributions	2011-03-31	No
Has the plan failed to provide any benefit when due under the plan	2011-03-31	No
Contributions received in cash from employer	2011-03-31	$177,301
Employer contributions (assets) at end of year	2011-03-31	$10,219
Employer contributions (assets) at beginning of year	2011-03-31	$51,793
Income. Dividends from preferred stock	2011-03-31	$68
Income. Dividends from common stock	2011-03-31	$102,231
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-03-31	$287,600
Asset. Corporate debt instrument preferred debt at end of year	2011-03-31	$68,622
Asset. Corporate debt instrument preferred debt at beginning of year	2011-03-31	$93,460
Assets. Corporate common stocks other than exployer securities at end of year	2011-03-31	$5,228,205
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-03-31	$4,556,945
Did the plan have assets held for investment	2011-03-31	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	2011-03-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-03-31	No
Aggregate proceeds on sale of assets	2011-03-31	$4,239,281
Aggregate carrying amount (costs) on sale of assets	2011-03-31	$4,187,594
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-03-31	No
Opinion of an independent qualified public accountant for this plan	2011-03-31	Unqualified
Accountancy firm name	2011-03-31	BISCOTTI, TOBACK & COMPANY, P.C.
Accountancy firm EIN	2011-03-31	113267227

Form 5500 Responses for KORG U.S.A., INC. RETIREMENT PLAN

2013: KORG U.S.A., INC. RETIREMENT PLAN 2013 form 5500 responses
2013-04-01	Type of plan entity	Single employer plan
2013-04-01	Submission has been amended	No
2013-04-01	This submission is the final filing	No
2013-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-04-01	Plan is a collectively bargained plan	No
2013-04-01	Plan funding arrangement – Insurance	Yes
2013-04-01	Plan funding arrangement – Trust	Yes
2013-04-01	Plan benefit arrangement – Insurance	Yes
2013-04-01	Plan benefit arrangement - Trust	Yes
2012: KORG U.S.A., INC. RETIREMENT PLAN 2012 form 5500 responses
2012-04-01	Type of plan entity	Single employer plan
2012-04-01	Submission has been amended	No
2012-04-01	This submission is the final filing	No
2012-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-04-01	Plan is a collectively bargained plan	No
2012-04-01	Plan funding arrangement – Insurance	Yes
2012-04-01	Plan funding arrangement – Trust	Yes
2012-04-01	Plan benefit arrangement – Insurance	Yes
2012-04-01	Plan benefit arrangement - Trust	Yes
2011: KORG U.S.A., INC. RETIREMENT PLAN 2011 form 5500 responses
2011-04-01	Type of plan entity	Single employer plan
2011-04-01	Submission has been amended	No
2011-04-01	This submission is the final filing	No
2011-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-04-01	Plan is a collectively bargained plan	No
2011-04-01	Plan funding arrangement – Insurance	Yes
2011-04-01	Plan funding arrangement – Trust	Yes
2011-04-01	Plan benefit arrangement – Insurance	Yes
2011-04-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

FIRST UNUM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 64297 )

Policy contract number

47530

Policy instance

Insurance contract or identification number	47530
Number of Individuals Covered	15
Insurance policy start date	2013-04-01
Insurance policy end date	2014-03-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
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	Yes
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
Welfare Benefit Premiums Paid to Carrier	USD $13,725

FIRST UNUM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 64297 )

Policy contract number

47530

Policy instance

Insurance contract or identification number	47530
Number of Individuals Covered	15
Insurance policy start date	2012-04-01
Insurance policy end date	2013-03-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
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	Yes
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
Welfare Benefit Premiums Paid to Carrier	USD $14,177

FIRST UNUM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 64297 )

Policy contract number

47530

Policy instance

Insurance contract or identification number	47530
Number of Individuals Covered	16
Insurance policy start date	2011-03-01
Insurance policy end date	2012-03-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
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	Yes
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
Welfare Benefit Premiums Paid to Carrier	USD $14,478

FIRST UNUM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 64297 )

Policy contract number

47530

Policy instance

Insurance contract or identification number	47530
Number of Individuals Covered	16
Insurance policy start date	2011-03-01
Insurance policy end date	2011-03-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
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	Yes
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
Welfare Benefit Premiums Paid to Carrier	USD $14,478

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Company Name:	KORG USA INC.
Employer identification number (EIN):	112774209
NAIC Classification:	423990
NAIC Description:	Other Miscellaneous Durable Goods Merchant Wholesalers