401k Plan data: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST plan

DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 401k Plan overview

Plan Name	DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST
Plan identification number	001

DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 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.
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

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

Company Name: DEVELOPMENT RESOURCES, INC.

Employer identification number (EIN): 363307945

NAIC Classification: 531390
NAIC Description: Other Activities Related to Real Estate

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 HOWARD S BLAIR

Plan Statistics for DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST

401k plan membership statisitcs for DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST

Measure Date Value
2021: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 0
Number of participants with account balances 2021-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year 2020-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 2
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 2
Total of all active and inactive participants 2020-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 4
Number of participants with account balances 2020-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year 2019-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 4
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 6
Number of participants with account balances 2019-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year 2018-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 7
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 7
Number of participants with account balances 2018-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2021: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	0
Number of participants with account balances	2021-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year	2020-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	2
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	2
Total of all active and inactive participants	2020-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	4
Number of participants with account balances	2020-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year	2019-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	4
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	6
Number of participants with account balances	2019-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year	2018-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	7
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	7
Number of participants with account balances	2018-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST

Measure	Date	Value
2021 : DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2021 401k financial data
Transfers to/from the plan	2021-12-28	$0
Total plan liabilities at end of year	2021-12-28	$0
Total plan liabilities at beginning of year	2021-12-28	$0
Total income from all sources	2021-12-28	$235,987
Expenses. Total of all expenses incurred	2021-12-28	$2,228,387
Benefits paid (including direct rollovers)	2021-12-28	$2,221,547
Total plan assets at end of year	2021-12-28	$0
Total plan assets at beginning of year	2021-12-28	$1,992,400
Value of fidelity bond covering the plan	2021-12-28	$270,000
Total contributions received or receivable from participants	2021-12-28	$26,531
Expenses. Other expenses not covered elsewhere	2021-12-28	$0
Contributions received from other sources (not participants or employers)	2021-12-28	$0
Other income received	2021-12-28	$209,456
Noncash contributions received	2021-12-28	$0
Net income (gross income less expenses)	2021-12-28	$-1,992,400
Net plan assets at end of year (total assets less liabilities)	2021-12-28	$0
Net plan assets at beginning of year (total assets less liabilities)	2021-12-28	$1,992,400
Total contributions received or receivable from employer(s)	2021-12-28	$0
Value of certain deemed distributions of participant loans	2021-12-28	$0
Value of corrective distributions	2021-12-28	$6,815
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-28	$25
2020 : DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$280,379
Expenses. Total of all expenses incurred	2020-12-31	$378,826
Benefits paid (including direct rollovers)	2020-12-31	$378,826
Total plan assets at end of year	2020-12-31	$1,992,400
Total plan assets at beginning of year	2020-12-31	$2,090,847
Value of fidelity bond covering the plan	2020-12-31	$270,000
Assets. Value of tangible personal property	2020-12-31	$0
Total contributions received or receivable from participants	2020-12-31	$25,977
Assets. Value of loans (other than to participants)	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$254,402
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$-98,447
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,992,400
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,090,847
Assets. Value of participant loans	2020-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$0
Assets. Value of real-estate (other than employer real property)	2020-12-31	$0
Assets. Value of employer securities	2020-12-31	$0
Assets. Value of employer real property	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$0
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$0
2019 : DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$461,872
Expenses. Total of all expenses incurred	2019-12-31	$983,820
Benefits paid (including direct rollovers)	2019-12-31	$983,820
Total plan assets at end of year	2019-12-31	$2,090,847
Total plan assets at beginning of year	2019-12-31	$2,612,795
Value of fidelity bond covering the plan	2019-12-31	$270,000
Total contributions received or receivable from participants	2019-12-31	$44,244
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$417,628
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$-521,948
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,090,847
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,612,795
Total contributions received or receivable from employer(s)	2019-12-31	$0
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$0
2018 : DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$-60,806
Expenses. Total of all expenses incurred	2018-12-31	$3,986
Benefits paid (including direct rollovers)	2018-12-31	$0
Total plan assets at end of year	2018-12-31	$2,612,795
Total plan assets at beginning of year	2018-12-31	$2,677,587
Value of fidelity bond covering the plan	2018-12-31	$270,000
Total contributions received or receivable from participants	2018-12-31	$68,301
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-129,107
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-64,792
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,612,795
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,677,587
Total contributions received or receivable from employer(s)	2018-12-31	$0
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$3,986
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$0

Form 5500 Responses for DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST

2021: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	Yes
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: DEVELOPMENT RESOURCES, INC. EMPLOYEES' SAVINGS PLAN AND TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	DEVELOPMENT RESOURCES, INC.
Employer identification number (EIN):	363307945
NAIC Classification:	531390
NAIC Description:	Other Activities Related to Real Estate