401k Plan data: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN plan

TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number	002

TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

TRI-CITIES BEVERAGE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: TRI-CITIES BEVERAGE CORPORATION

Employer identification number (EIN): 540674970

NAIC Classification: 238900

Additional information about TRI-CITIES BEVERAGE CORPORATION

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 1960-01-07

Company Identification Number: 0085717

Legal Registered Office Address: 612 INDUSTRIAL PARK RD

NEWPORT NEWS
United States of America (USA)
23608

More information about TRI-CITIES BEVERAGE CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 VENISSE GEORGALAS 2018-09-24
002 2016-01-01 VENISSE GEORGALAS 2017-06-13
002 2015-01-01 VENISSE GEORGALAS 2016-09-12
002 2014-01-01 VENISSE GEORGALAS 2015-08-28
002 2013-01-01 VENISSE GEORGALAS 2014-09-10
002 2012-01-01 VENISSE GEORGALAS 2013-10-09
002 2011-01-01 VENISSE GEORGALAS
002 2009-01-01 SUSAN THODE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01	VENISSE GEORGALAS	2018-09-24
002	2016-01-01	VENISSE GEORGALAS	2017-06-13
002	2015-01-01	VENISSE GEORGALAS	2016-09-12
002	2014-01-01	VENISSE GEORGALAS	2015-08-28
002	2013-01-01	VENISSE GEORGALAS	2014-09-10
002	2012-01-01	VENISSE GEORGALAS	2013-10-09
002	2011-01-01	VENISSE GEORGALAS
002	2009-01-01	SUSAN THODE

Plan Statistics for TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2011: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 207
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 93
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 23
Total of all active and inactive participants 2011-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 116
Number of participants with account balances 2011-01-01 72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 169
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 139
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 84
Total of all active and inactive participants 2009-01-01 223
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 223
Number of participants with account balances 2009-01-01 141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	207
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	93
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	23
Total of all active and inactive participants	2011-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	116
Number of participants with account balances	2011-01-01	72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	169
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	139
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	84
Total of all active and inactive participants	2009-01-01	223
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	223
Number of participants with account balances	2009-01-01	141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2011 : TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING 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	$106,545
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$24,504
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$22,484
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$122,589
Value of total assets at end of year	2011-12-31	$1,092,744
Value of total assets at beginning of year	2011-12-31	$1,010,703
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$2,020
Total interest from all sources	2011-12-31	$1,974
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	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$80,148
Participant contributions at end of year	2011-12-31	$26,342
Participant contributions at beginning of year	2011-12-31	$49,471
Participant contributions at end of year	2011-12-31	$3,429
Participant contributions at beginning of year	2011-12-31	$347
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	$82,041
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$1,092,744
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$1,010,703
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$1,020,532
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$960,885
Interest on participant loans	2011-12-31	$1,974
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-18,018
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
Contributions received in cash from employer	2011-12-31	$42,441
Employer contributions (assets) at end of year	2011-12-31	$42,441
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$22,484
Contract administrator fees	2011-12-31	$2,020
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	Yes
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	CHARLES W. SNADER, P.C.
Accountancy firm EIN	2011-12-31	541873714
2010 : TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
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	$105,237
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$44,080
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$40,525
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$24,080
Value of total assets at end of year	2010-12-31	$1,010,703
Value of total assets at beginning of year	2010-12-31	$949,546
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$3,555
Total interest from all sources	2010-12-31	$3,358
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	$100,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$24,080
Participant contributions at end of year	2010-12-31	$49,471
Participant contributions at beginning of year	2010-12-31	$73,042
Participant contributions at end of year	2010-12-31	$347
Participant contributions at beginning of year	2010-12-31	$263
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	$61,157
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$1,010,703
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$949,546
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$789,492
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$685,600
Interest on participant loans	2010-12-31	$3,358
Value of interest in common/collective trusts at end of year	2010-12-31	$171,393
Value of interest in common/collective trusts at beginning of year	2010-12-31	$190,641
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$78,612
Net investment gain or loss from common/collective trusts	2010-12-31	$-813
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	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$40,525
Contract administrator fees	2010-12-31	$3,555
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	Yes
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	CHARLES W. SNADER, P.C.
Accountancy firm EIN	2010-12-31	541873714
2009 : TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

2011: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING 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
2009: TRI-CITIES BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	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

GA-025400

Policy instance

Insurance contract or identification number	GA-025400
Number of Individuals Covered	72
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $2,948
Total amount of fees paid to insurance company	USD $374
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

GA-025400

Policy instance

Insurance contract or identification number	GA-025400
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $2,605
Total amount of fees paid to insurance company	USD $0
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
Commission paid to Insurance Broker	USD $2,605
Insurance broker organization code?	3
Insurance broker name	WELLS FARGO ADVISORS INS. AGENCY

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Company Name:	TRI-CITIES BEVERAGE CORPORATION
Employer identification number (EIN):	540674970
NAIC Classification:	238900

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	1960-01-07
Company Identification Number:	0085717
Legal Registered Office Address:	612 INDUSTRIAL PARK RD NEWPORT NEWS United States of America (USA) 23608