401k Plan data: WILLOW TEX, INC. 401(K) PLAN plan

WILLOW TEX, INC. 401(K) PLAN 401k Plan overview

Plan Name	WILLOW TEX, INC. 401(K) PLAN
Plan identification number	001

WILLOW TEX, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

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

Company Name: WILLOW TEX, INC.

Employer identification number (EIN): 202198518

NAIC Classification: 316990
NAIC Description: Other Leather and Allied Product Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WILLOW TEX, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 ANDREW CLABOUGH
001 2012-04-01 ANDREW CLABOUGH

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2013-01-01	ANDREW CLABOUGH
001	2012-04-01	ANDREW CLABOUGH

Plan Statistics for WILLOW TEX, INC. 401(K) PLAN

401k plan membership statisitcs for WILLOW TEX, INC. 401(K) PLAN

Measure Date Value
2013: WILLOW TEX, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 12
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 12
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: WILLOW TEX, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-04-01 4
Total number of active participants reported on line 7a of the Form 5500 2012-04-01 5
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 0
Total of all active and inactive participants 2012-04-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-04-01 0
Total participants 2012-04-01 5
Number of participants with account balances 2012-04-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-04-01 0

Measure	Date	Value
2013: WILLOW TEX, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	12
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	12
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: WILLOW TEX, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-04-01	4
Total number of active participants reported on line 7a of the Form 5500	2012-04-01	5
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	0
Total of all active and inactive participants	2012-04-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-04-01	0
Total participants	2012-04-01	5
Number of participants with account balances	2012-04-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-04-01	0

Financial Data on WILLOW TEX, INC. 401(K) PLAN

Measure	Date	Value
2013 : WILLOW TEX, INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$320,680
Expenses. Total of all expenses incurred	2013-12-31	$16,874
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$1,382,768
Total plan assets at beginning of year	2013-12-31	$1,078,962
Total contributions received or receivable from participants	2013-12-31	$53,360
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$251,679
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$303,806
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,382,768
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,078,962
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2013-12-31	$6,286
Total contributions received or receivable from employer(s)	2013-12-31	$15,641
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$4,995
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$11,879
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : WILLOW TEX, INC. 401(K) PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$977,856
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$103,702
Expenses. Total of all expenses incurred	2012-12-31	$2,596
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$1,078,962
Total plan assets at beginning of year	2012-12-31	$0
Total contributions received or receivable from participants	2012-12-31	$20,428
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$45,713
Other income received	2012-12-31	$33,715
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$101,106
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,078,962
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$0
Total contributions received or receivable from employer(s)	2012-12-31	$3,846
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$2,596

Form 5500 Responses for WILLOW TEX, INC. 401(K) PLAN

2013: WILLOW TEX, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: WILLOW TEX, INC. 401(K) PLAN 2012 form 5500 responses
2012-04-01	Type of plan entity	Single employer plan
2012-04-01	First time form 5500 has been submitted	Yes
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)	Yes
2012-04-01	Plan is a collectively bargained plan	No
2012-04-01	Plan funding arrangement – Trust	Yes
2012-04-01	Plan benefit arrangement - Trust	Yes

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Company Name:	WILLOW TEX, INC.
Employer identification number (EIN):	202198518
NAIC Classification:	316990
NAIC Description:	Other Leather and Allied Product Manufacturing