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SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 401k Plan overview

Plan NameSOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN
Plan identification number 001

SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:SOUTHCOMM, INC
Employer identification number (EIN):262918141
NAIC Classification:511120
NAIC Description:Periodical Publishers

Additional information about SOUTHCOMM, INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 2770232

More information about SOUTHCOMM, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012017-01-01VICKI FROHMADER VICKI FROHMADER2018-10-04
0012016-01-01CHRIS FERRELL CHRIS FERRELL2017-10-11
0012015-01-01CHRIS FERRELL CHRIS FERRELL2016-10-06

Plan Statistics for SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN

401k plan membership statisitcs for SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN

Measure Date Value
2018: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01505
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01574
Total number of active participants reported on line 7a of the Form 55002017-01-01297
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-01205
Total of all active and inactive participants2017-01-01503
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01505
Number of participants with account balances2017-01-01483
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01610
Total number of active participants reported on line 7a of the Form 55002016-01-01376
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-01195
Total of all active and inactive participants2016-01-01572
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-012
Total participants2016-01-01574
Number of participants with account balances2016-01-01547
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-013
2015: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01361
Total number of active participants reported on line 7a of the Form 55002015-01-01331
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01279
Total of all active and inactive participants2015-01-01610
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01610
Number of participants with account balances2015-01-01602
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0115

Financial Data on SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN

Measure Date Value
2018 : SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-19$0
Total unrealized appreciation/depreciation of assets2018-12-19$0
Total transfer of assets to this plan2018-12-19$0
Total transfer of assets from this plan2018-12-19$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-19$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-19$0
Expenses. Interest paid2018-12-19$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-19$0
Total income from all sources (including contributions)2018-12-19$770,706
Total loss/gain on sale of assets2018-12-19$0
Total of all expenses incurred2018-12-19$22,313,045
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-19$22,125,679
Expenses. Certain deemed distributions of participant loans2018-12-19$112,292
Value of total corrective distributions2018-12-19$54,577
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-19$470,517
Value of total assets at end of year2018-12-19$0
Value of total assets at beginning of year2018-12-19$21,542,339
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-19$20,497
Total interest from all sources2018-12-19$3,516
Total dividends received (eg from common stock, registered investment company shares)2018-12-19$101,520
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-19Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2018-12-19$0
Total dividends received from registered investment company shares (eg mutual funds)2018-12-19$101,520
Assets. Real estate other than employer real property at end of year2018-12-19$0
Assets. Real estate other than employer real property at beginning of year2018-12-19$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2018-12-19$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2018-12-19$0
Was this plan covered by a fidelity bond2018-12-19Yes
Value of fidelity bond cover2018-12-19$1,000,000
If this is an individual account plan, was there a blackout period2018-12-19Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-19$0
Were there any nonexempt tranactions with any party-in-interest2018-12-19No
Contributions received from participants2018-12-19$466,100
Participant contributions at end of year2018-12-19$0
Participant contributions at beginning of year2018-12-19$170,430
Participant contributions at beginning of year2018-12-19$0
Assets. Other investments not covered elsewhere at end of year2018-12-19$0
Assets. Other investments not covered elsewhere at beginning of year2018-12-19$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-19$4,417
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-19$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-19$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-19$0
Assets. Loans (other than to participants) at end of year2018-12-19$0
Assets. Loans (other than to participants) at beginning of year2018-12-19$0
Other income not declared elsewhere2018-12-19$20,008
Administrative expenses (other) incurred2018-12-19$20,497
Total non interest bearing cash at end of year2018-12-19$0
Total non interest bearing cash at beginning of year2018-12-19$25
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-19No
Income. Non cash contributions2018-12-19$0
Value of net income/loss2018-12-19$-21,542,339
Value of net assets at end of year (total assets less liabilities)2018-12-19$0
Value of net assets at beginning of year (total assets less liabilities)2018-12-19$21,542,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-19No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-19No
Were any leases to which the plan was party in default or uncollectible2018-12-19No
Assets. partnership/joint venture interests at end of year2018-12-19$0
Assets. partnership/joint venture interests at beginning of year2018-12-19$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-19$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-19$19,355,331
Interest on participant loans2018-12-19$3,629
Interest earned on other investments2018-12-19$0
Income. Interest from US Government securities2018-12-19$0
Income. Interest from corporate debt instruments2018-12-19$0
Value of interest in common/collective trusts at end of year2018-12-19$0
Value of interest in common/collective trusts at beginning of year2018-12-19$2,028,531
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-19$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-19$-11,978
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-19$-11,978
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-19$-113
Asset value of US Government securities at end of year2018-12-19$0
Asset value of US Government securities at beginning of year2018-12-19$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-19$145,490
Net investment gain/loss from pooled separate accounts2018-12-19$0
Net investment gain or loss from common/collective trusts2018-12-19$29,655
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-19No
Was there a failure to transmit to the plan any participant contributions2018-12-19No
Has the plan failed to provide any benefit when due under the plan2018-12-19No
Assets. Invements in employer securities at end of year2018-12-19$0
Assets. Invements in employer securities at beginning of year2018-12-19$0
Contributions received in cash from employer2018-12-19$0
Income. Dividends from preferred stock2018-12-19$0
Income. Dividends from common stock2018-12-19$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-19$22,125,679
Asset. Corporate debt instrument preferred debt at end of year2018-12-19$0
Asset. Corporate debt instrument preferred debt at beginning of year2018-12-19$0
Asset. Corporate debt instrument debt (other) at end of year2018-12-19$0
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-19$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-19Yes
Assets. Corporate common stocks other than exployer securities at end of year2018-12-19$0
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-19$0
Did the plan have assets held for investment2018-12-19No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-19No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-19Yes
Aggregate proceeds on sale of assets2018-12-19$0
Aggregate carrying amount (costs) on sale of assets2018-12-19$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-19Yes
Opinion of an independent qualified public accountant for this plan2018-12-19Disclaimer
Accountancy firm name2018-12-19LBMC, PC
Accountancy firm EIN2018-12-19621199757
2017 : SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$0
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$0
Total transfer of assets from this plan2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Expenses. Interest paid2017-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$0
Total income from all sources (including contributions)2017-12-31$4,247,226
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$3,796,031
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,730,215
Expenses. Certain deemed distributions of participant loans2017-12-31$18,484
Value of total corrective distributions2017-12-31$43,094
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,164,532
Value of total assets at end of year2017-12-31$21,542,339
Value of total assets at beginning of year2017-12-31$21,091,144
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$4,238
Total interest from all sources2017-12-31$8,542
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$743,165
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$743,165
Assets. Real estate other than employer real property at end of year2017-12-31$0
Assets. Real estate other than employer real property at beginning of year2017-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,131,743
Participant contributions at end of year2017-12-31$170,430
Participant contributions at beginning of year2017-12-31$201,546
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$11,903
Assets. Other investments not covered elsewhere at end of year2017-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$32,789
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Assets. Loans (other than to participants) at end of year2017-12-31$0
Assets. Loans (other than to participants) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$6,048
Administrative expenses (other) incurred2017-12-31$4,238
Total non interest bearing cash at end of year2017-12-31$25
Total non interest bearing cash at beginning of year2017-12-31$25
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$451,195
Value of net assets at end of year (total assets less liabilities)2017-12-31$21,542,339
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$21,091,144
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Assets. partnership/joint venture interests at end of year2017-12-31$0
Assets. partnership/joint venture interests at beginning of year2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$19,355,331
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$18,892,861
Interest on participant loans2017-12-31$8,540
Interest earned on other investments2017-12-31$0
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Value of interest in common/collective trusts at end of year2017-12-31$2,028,531
Value of interest in common/collective trusts at beginning of year2017-12-31$1,982,512
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$-11,978
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$2,297
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$2,297
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$2
Asset value of US Government securities at end of year2017-12-31$0
Asset value of US Government securities at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$2,292,256
Net investment gain/loss from pooled separate accounts2017-12-31$0
Net investment gain or loss from common/collective trusts2017-12-31$32,683
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$0
Assets. Invements in employer securities at beginning of year2017-12-31$0
Contributions received in cash from employer2017-12-31$0
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,730,215
Asset. Corporate debt instrument preferred debt at end of year2017-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2017-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$0
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$0
Aggregate carrying amount (costs) on sale of assets2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31LBMC, PC
Accountancy firm EIN2017-12-31621199757
2016 : SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total transfer of assets from this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Expenses. Interest paid2016-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$0
Total income from all sources (including contributions)2016-12-31$2,503,423
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,334,055
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,310,417
Expenses. Certain deemed distributions of participant loans2016-12-31$13,152
Value of total corrective distributions2016-12-31$816
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,141,219
Value of total assets at end of year2016-12-31$21,091,144
Value of total assets at beginning of year2016-12-31$19,921,776
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$9,670
Total interest from all sources2016-12-31$8,609
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$587,919
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$587,919
Assets. Real estate other than employer real property at end of year2016-12-31$0
Assets. Real estate other than employer real property at beginning of year2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,106,876
Participant contributions at end of year2016-12-31$201,546
Participant contributions at beginning of year2016-12-31$170,674
Participant contributions at end of year2016-12-31$11,903
Participant contributions at beginning of year2016-12-31$34,587
Assets. Other investments not covered elsewhere at end of year2016-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$34,343
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Assets. Loans (other than to participants) at end of year2016-12-31$0
Assets. Loans (other than to participants) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$6,302
Administrative expenses (other) incurred2016-12-31$9,670
Total non interest bearing cash at end of year2016-12-31$25
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$1,169,368
Value of net assets at end of year (total assets less liabilities)2016-12-31$21,091,144
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$19,921,776
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$0
Assets. partnership/joint venture interests at beginning of year2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$18,892,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$17,886,752
Interest on participant loans2016-12-31$8,609
Interest earned on other investments2016-12-31$0
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in common/collective trusts at end of year2016-12-31$1,982,512
Value of interest in common/collective trusts at beginning of year2016-12-31$1,829,651
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$2,297
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$112
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$112
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Asset value of US Government securities at end of year2016-12-31$0
Asset value of US Government securities at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$732,331
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$27,043
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$0
Assets. Invements in employer securities at beginning of year2016-12-31$0
Contributions received in cash from employer2016-12-31$0
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,310,417
Asset. Corporate debt instrument preferred debt at end of year2016-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31LBMC, PC
Accountancy firm EIN2016-12-31621199757
2015 : SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$0
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$1,466,667
Total transfer of assets from this plan2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$16,486
Expenses. Interest paid2015-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-12-31$0
Total income from all sources (including contributions)2015-12-31$574,302
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$5,014,195
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$5,001,926
Expenses. Certain deemed distributions of participant loans2015-12-31$10,028
Value of total corrective distributions2015-12-31$1,650
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$799,922
Value of total assets at end of year2015-12-31$19,921,776
Value of total assets at beginning of year2015-12-31$22,911,488
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$591
Total interest from all sources2015-12-31$7,155
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$1,242,526
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$1,242,526
Assets. Real estate other than employer real property at end of year2015-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2015-12-31$0
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$791,760
Participant contributions at end of year2015-12-31$170,674
Participant contributions at beginning of year2015-12-31$229,741
Participant contributions at end of year2015-12-31$34,587
Assets. Other investments not covered elsewhere at end of year2015-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$8,162
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Assets. Loans (other than to participants) at end of year2015-12-31$0
Other income not declared elsewhere2015-12-31$124
Administrative expenses (other) incurred2015-12-31$591
Total non interest bearing cash at end of year2015-12-31$0
Total non interest bearing cash at beginning of year2015-12-31$25
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Income. Non cash contributions2015-12-31$0
Value of net income/loss2015-12-31$-4,439,893
Value of net assets at end of year (total assets less liabilities)2015-12-31$19,921,776
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$22,895,002
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Assets. partnership/joint venture interests at end of year2015-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$17,886,752
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$20,760,636
Interest on participant loans2015-12-31$7,155
Interest earned on other investments2015-12-31$0
Income. Interest from US Government securities2015-12-31$0
Income. Interest from corporate debt instruments2015-12-31$0
Value of interest in common/collective trusts at end of year2015-12-31$1,829,651
Value of interest in common/collective trusts at beginning of year2015-12-31$1,904,488
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$112
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$16,598
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$16,598
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$0
Asset value of US Government securities at end of year2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-1,467,701
Net investment gain/loss from pooled separate accounts2015-12-31$0
Net investment gain or loss from common/collective trusts2015-12-31$-7,724
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$0
Assets. Invements in employer securities at beginning of year2015-12-31$0
Contributions received in cash from employer2015-12-31$0
Income. Dividends from preferred stock2015-12-31$0
Income. Dividends from common stock2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$5,001,926
Asset. Corporate debt instrument preferred debt at end of year2015-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$16,486
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Aggregate carrying amount (costs) on sale of assets2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2015-12-31390859910

Form 5500 Responses for SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN

2018: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingYes
2018-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SOUTHCOMM, INC. EMPLOYEES' 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

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