401k Plan data: NATIONAL COAL CORPORATION 401K PLAN plan

NATIONAL COAL CORPORATION 401K PLAN 401k Plan overview

Plan Name	NATIONAL COAL CORPORATION 401K PLAN
Plan identification number	001

NATIONAL COAL CORPORATION 401K PLAN Benefits

401k Plan Type

Defined 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.
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

NATIONAL COAL LLC has sponsored the creation of one or more 401k plans.

Company Name: NATIONAL COAL LLC

Employer identification number (EIN): 274210633

NAIC Classification: 212110
NAIC Description: Coal Mining

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL COAL CORPORATION 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 TOMMY HORST 2016-12-27
001 2015-01-01 TOMMY HORST 2016-09-01
001 2014-01-01 TOMMY HORST 2015-07-29
001 2013-01-01 TOMMY HORST 2014-10-13
001 2012-01-01 TOMMY HORST 2013-06-19
001 2011-01-01 TOMMY HORST

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2016-01-01	TOMMY HORST	2016-12-27
001	2015-01-01	TOMMY HORST	2016-09-01
001	2014-01-01	TOMMY HORST	2015-07-29
001	2013-01-01	TOMMY HORST	2014-10-13
001	2012-01-01	TOMMY HORST	2013-06-19
001	2011-01-01	TOMMY HORST

Plan Statistics for NATIONAL COAL CORPORATION 401K PLAN

401k plan membership statisitcs for NATIONAL COAL CORPORATION 401K PLAN

Measure Date Value
2011: NATIONAL COAL CORPORATION 401K PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 7
Number of other retired or separated participants entitled to future benefits 2011-01-01 9
Total of all active and inactive participants 2011-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 16
Number of participants with account balances 2011-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2011: NATIONAL COAL CORPORATION 401K PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	7
Number of other retired or separated participants entitled to future benefits	2011-01-01	9
Total of all active and inactive participants	2011-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	16
Number of participants with account balances	2011-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on NATIONAL COAL CORPORATION 401K PLAN

Measure	Date	Value
2011 : NATIONAL COAL CORPORATION 401K PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$10,985
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$826,093
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$798,600
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$40,412
Value of total assets at beginning of year	2011-12-31	$855,520
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$27,493
Total interest from all sources	2011-12-31	$190
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$50,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Participant contributions at end of year	2011-12-31	$2,187
Participant contributions at beginning of year	2011-12-31	$22,976
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$4,706
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$4,706
Administrative expenses (other) incurred	2011-12-31	$27,493
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-815,108
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$40,412
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$855,520
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Interest on participant loans	2011-12-31	$190
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$33,519
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$827,838
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$10,795
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$798,600
Did the plan have assets held for investment	2011-12-31	No
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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	COULTER & JUSTUS PC
Accountancy firm EIN	2011-12-31	621532536
2010 : NATIONAL COAL CORPORATION 401K PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$1,732,959
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$388,537
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$377,328
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$372,418
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$317,220
Value of total assets at end of year	2010-12-31	$855,520
Value of total assets at beginning of year	2010-12-31	$2,577,270
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$4,910
Total interest from all sources	2010-12-31	$515
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$50,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$203,681
Participant contributions at end of year	2010-12-31	$22,976
Participant contributions at beginning of year	2010-12-31	$38,345
Participant contributions at beginning of year	2010-12-31	$19,165
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$4,706
Administrative expenses (other) incurred	2010-12-31	$4,910
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$11,209
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$855,520
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,577,270
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Interest on participant loans	2010-12-31	$515
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$827,838
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$2,512,925
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$70,802
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$113,539
Employer contributions (assets) at beginning of year	2010-12-31	$6,835
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$372,418
Did the plan have assets held for investment	2010-12-31	No
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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	COULTER & JUSTUS PC
Accountancy firm EIN	2010-12-31	621532536

Form 5500 Responses for NATIONAL COAL CORPORATION 401K PLAN

2011: NATIONAL COAL CORPORATION 401K PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
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

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

711874

Policy instance

Insurance contract or identification number	711874
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $1,517
Total amount of fees paid to insurance company	USD $3,200
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	No
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

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

711874

Policy instance

Insurance contract or identification number	711874
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $1,517
Total amount of fees paid to insurance company	USD $3,200
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	No
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

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Company Name:	NATIONAL COAL LLC
Employer identification number (EIN):	274210633
NAIC Classification:	212110
NAIC Description:	Coal Mining