401k Plan data: INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN plan

INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN 401k Plan overview

Plan Name	INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN
Plan identification number	001

INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

INVESTORS CONSOLIDATED ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name: INVESTORS CONSOLIDATED ENTERPRISES, INC.

Employer identification number (EIN): 208005347

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 DAVID SHAHIN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	DAVID SHAHIN

Plan Statistics for INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN

401k plan membership statisitcs for INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN

Measure Date Value
2011: INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 29
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 19
Total of all active and inactive participants 2011-01-01 19
Total participants 2011-01-01 19
Number of participants with account balances 2011-01-01 10

Measure	Date	Value
2011: INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	29
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	19
Total of all active and inactive participants	2011-01-01	19
Total participants	2011-01-01	19
Number of participants with account balances	2011-01-01	10

Financial Data on INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN

Measure	Date	Value
2011 : INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$-28,013
Expenses. Total of all expenses incurred	2011-12-31	$625
Benefits paid (including direct rollovers)	2011-12-31	$82
Total plan assets at end of year	2011-12-31	$587,139
Total plan assets at beginning of year	2011-12-31	$615,777
Value of fidelity bond covering the plan	2011-12-31	$100,000
Total contributions received or receivable from participants	2011-12-31	$15,405
Other income received	2011-12-31	$-43,418
Net income (gross income less expenses)	2011-12-31	$-28,638
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$587,139
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$615,777
Assets. Value of participant loans	2011-12-31	$12,935
Assets. Value of employer securities	2011-12-31	$489,349
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$543
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$1

Form 5500 Responses for INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN

2011: INVESTORS CONSOLIDATED ENTERPRISES, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
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

Potentially related plans

INVESTORS CONSOLIDATED ENTERPRISES,INC. 401(K) PLAN [EIN = 412276092]

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Company Name:	INVESTORS CONSOLIDATED ENTERPRISES, INC.
Employer identification number (EIN):	208005347