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BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan NameBOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN
Plan identification number 001

BOB'S FARM CENTER, INC. PROFIT SHARING 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.
  • 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

BOB'S FARM CENTER INC has sponsored the creation of one or more 401k plans.

Company Name:BOB'S FARM CENTER INC
Employer identification number (EIN):420988558
NAIC Classification:111900
NAIC Description:Other Crop Farming

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01TODD REEL2016-08-24
0012015-01-01TODD REEL2016-06-10
0012014-01-01TODD REEL TODD REEL2015-05-14
0012013-01-01TODD REEL
0012012-01-01TODD REEL
0012011-01-01TODD REEL
0012010-01-01TODD REEL
0012009-01-01TODD REEL TODD REEL2010-09-14

Plan Statistics for BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2014: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0112
Total number of active participants reported on line 7a of the Form 55002014-01-0112
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0112
Number of participants with account balances2014-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0110
Total number of active participants reported on line 7a of the Form 55002013-01-0112
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0112
Number of participants with account balances2013-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0112
Total number of active participants reported on line 7a of the Form 55002012-01-0112
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0112
Number of participants with account balances2012-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0114
Total number of active participants reported on line 7a of the Form 55002011-01-0112
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0112
Number of participants with account balances2011-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0117
Total number of active participants reported on line 7a of the Form 55002010-01-0113
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0113
Number of participants with account balances2010-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0114
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0115
Number of participants with account balances2009-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2014 : BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total income from all sources2014-12-31$227,065
Expenses. Total of all expenses incurred2014-12-31$1,848
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$2,013,550
Total plan assets at beginning of year2014-12-31$1,788,333
Value of fidelity bond covering the plan2014-12-31$35,000
Total contributions received or receivable from participants2014-12-31$45,780
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$96,078
Net income (gross income less expenses)2014-12-31$225,217
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,013,550
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,788,333
Assets. Value of participant loans2014-12-31$20,498
Total contributions received or receivable from employer(s)2014-12-31$85,207
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$1,848
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total income from all sources2013-12-31$517,569
Expenses. Total of all expenses incurred2013-12-31$2,091
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$1,788,333
Total plan assets at beginning of year2013-12-31$1,272,855
Value of fidelity bond covering the plan2013-12-31$35,000
Total contributions received or receivable from participants2013-12-31$51,417
Expenses. Other expenses not covered elsewhere2013-12-31$70
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$378,297
Net income (gross income less expenses)2013-12-31$515,478
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,788,333
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,272,855
Assets. Value of participant loans2013-12-31$27,140
Total contributions received or receivable from employer(s)2013-12-31$87,855
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$2,021
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$291,027
Expenses. Total of all expenses incurred2012-12-31$101,857
Benefits paid (including direct rollovers)2012-12-31$96,881
Total plan assets at end of year2012-12-31$1,272,855
Total plan assets at beginning of year2012-12-31$1,083,685
Value of fidelity bond covering the plan2012-12-31$35,000
Total contributions received or receivable from participants2012-12-31$47,775
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$168,252
Net income (gross income less expenses)2012-12-31$189,170
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,272,855
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,083,685
Assets. Value of participant loans2012-12-31$12,260
Total contributions received or receivable from employer(s)2012-12-31$75,000
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$4,976
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$40,081
Expenses. Total of all expenses incurred2011-12-31$5,790
Benefits paid (including direct rollovers)2011-12-31$59
Total plan assets at end of year2011-12-31$1,083,685
Total plan assets at beginning of year2011-12-31$1,049,394
Value of fidelity bond covering the plan2011-12-31$35,000
Total contributions received or receivable from participants2011-12-31$37,471
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-72,390
Net income (gross income less expenses)2011-12-31$34,291
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,083,685
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,049,394
Assets. Value of participant loans2011-12-31$18,294
Total contributions received or receivable from employer(s)2011-12-31$75,000
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$5,731
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$266,454
Expenses. Total of all expenses incurred2010-12-31$406,387
Benefits paid (including direct rollovers)2010-12-31$398,746
Total plan assets at end of year2010-12-31$1,049,394
Total plan assets at beginning of year2010-12-31$1,189,327
Value of fidelity bond covering the plan2010-12-31$35,000
Total contributions received or receivable from participants2010-12-31$50,317
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$166,137
Net income (gross income less expenses)2010-12-31$-139,933
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,049,394
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,189,327
Assets. Value of participant loans2010-12-31$23,977
Total contributions received or receivable from employer(s)2010-12-31$50,000
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$7,641
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN

2014: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: BOB'S FARM CENTER, INC. PROFIT SHARING 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-008078
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-008078
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-008078
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-008078
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-008078
Policy instance 1

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