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BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 401k Plan overview

Plan NameBREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN
Plan identification number 001

BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

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

Company Name:BREAKELL, INC.
Employer identification number (EIN):540702766
NAIC Classification:236200

Additional information about BREAKELL, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1962-01-12
Company Identification Number: 0092382
Legal Registered Office Address: 3256 ALLENDALE ST

ROANOKE
United States of America (USA)
24014

More information about BREAKELL, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01STAN BREAKELL
0012013-01-01STAN BREAKELL
0012012-01-01STAN BREAKELL
0012011-01-01STAN BREAKELL
0012010-01-01ANGELA JAMISON
0012009-01-01ANGELA JAMISON STANLEY G. BREAKELL2010-10-05
0012009-01-01ANGELA JAMISON STANLEY G. BREAKELL2010-10-05

Plan Statistics for BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

401k plan membership statisitcs for BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Measure Date Value
2014: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0190
Total number of active participants reported on line 7a of the Form 55002014-01-010
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 participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0199
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0188
Total of all active and inactive participants2013-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-0190
Number of participants with account balances2013-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01115
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0197
Total of all active and inactive participants2012-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-0199
Number of participants with account balances2012-01-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01119
Total number of active participants reported on line 7a of the Form 55002011-01-0161
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0149
Total of all active and inactive participants2011-01-01110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-01112
Number of participants with account balances2011-01-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0113
2010: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01101
Total number of active participants reported on line 7a of the Form 55002010-01-0165
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0134
Total of all active and inactive participants2010-01-0199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-01101
Number of participants with account balances2010-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-014
2009: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01117
Total number of active participants reported on line 7a of the Form 55002009-01-0165
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0129
Total of all active and inactive participants2009-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-0195
Number of participants with account balances2009-01-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Measure Date Value
2014 : BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2014 401k financial data
Transfers to/from the plan2014-06-30$0
Total plan liabilities at end of year2014-06-30$0
Total plan liabilities at beginning of year2014-06-30$16,600
Total income from all sources2014-06-30$-76,087
Expenses. Total of all expenses incurred2014-06-30$318,546
Benefits paid (including direct rollovers)2014-06-30$309,667
Total plan assets at end of year2014-06-30$0
Total plan assets at beginning of year2014-06-30$411,233
Value of fidelity bond covering the plan2014-06-30$100,000
Total contributions received or receivable from participants2014-06-30$0
Expenses. Other expenses not covered elsewhere2014-06-30$0
Contributions received from other sources (not participants or employers)2014-06-30$0
Other income received2014-06-30$-76,087
Noncash contributions received2014-06-30$0
Net income (gross income less expenses)2014-06-30$-394,633
Net plan assets at end of year (total assets less liabilities)2014-06-30$0
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$394,633
Assets. Value of employer securities2014-06-30$0
Total contributions received or receivable from employer(s)2014-06-30$0
Value of certain deemed distributions of participant loans2014-06-30$0
Value of corrective distributions2014-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$8,879
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-06-30$0
2013 : BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$16,600
Total plan liabilities at beginning of year2013-12-31$26,319
Total income from all sources2013-12-31$47,469
Expenses. Total of all expenses incurred2013-12-31$1,083,456
Benefits paid (including direct rollovers)2013-12-31$1,079,817
Total plan assets at end of year2013-12-31$411,233
Total plan assets at beginning of year2013-12-31$1,456,939
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$47,469
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$-1,035,987
Net plan assets at end of year (total assets less liabilities)2013-12-31$394,633
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,430,620
Assets. Value of employer securities2013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$3,639
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$26,319
Total plan liabilities at beginning of year2012-12-31$85
Total income from all sources2012-12-31$148,474
Expenses. Total of all expenses incurred2012-12-31$336,160
Benefits paid (including direct rollovers)2012-12-31$290,592
Total plan assets at end of year2012-12-31$1,456,939
Total plan assets at beginning of year2012-12-31$1,618,391
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$20,202
Expenses. Other expenses not covered elsewhere2012-12-31$26,234
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$128,272
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$-187,686
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,430,620
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,618,306
Assets. Value of employer securities2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$19,334
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$85
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$34,190
Expenses. Total of all expenses incurred2011-12-31$31,248
Benefits paid (including direct rollovers)2011-12-31$31,163
Total plan assets at end of year2011-12-31$1,618,391
Total plan assets at beginning of year2011-12-31$1,615,364
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$40,871
Expenses. Other expenses not covered elsewhere2011-12-31$85
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-6,681
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$2,942
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,618,306
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,615,364
Assets. Value of employer securities2011-12-31$0
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$31,142
Total income from all sources2010-12-31$293,391
Expenses. Total of all expenses incurred2010-12-31$87,225
Benefits paid (including direct rollovers)2010-12-31$87,225
Total plan assets at end of year2010-12-31$4,297,664
Total plan assets at beginning of year2010-12-31$4,122,640
Value of fidelity bond covering the plan2010-12-31$240,000
Total contributions received or receivable from participants2010-12-31$39,890
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$70,761
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$206,166
Net plan assets at end of year (total assets less liabilities)2010-12-31$4,297,664
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,091,498
Assets. Value of employer securities2010-12-31$2,684,324
Total contributions received or receivable from employer(s)2010-12-31$182,740
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

2014: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS 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 filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS 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
2013-01-01Plan benefit arrangement - TrustYes
2012: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS 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
2012-01-01Plan benefit arrangement - TrustYes
2011: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS 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
2011-01-01Plan benefit arrangement - TrustYes
2010: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
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
2010-01-01Plan benefit arrangement - TrustYes
2009: BREAKELL, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS 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
2009-01-01Plan benefit arrangement - TrustYes

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