401k Plan data: NEWSOM GROUP 401(K) PROFIT SHARING PLAN plan

NEWSOM GROUP 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	NEWSOM GROUP 401(K) PROFIT SHARING PLAN
Plan identification number	001

NEWSOM GROUP 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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

NEWSOM OIL COMPANY has sponsored the creation of one or more 401k plans.

Company Name: NEWSOM OIL COMPANY

Employer identification number (EIN): 560594307

NAIC Classification: 424700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEWSOM GROUP 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-10-01 KEVIN VINCENT
001 2010-10-01 KEVIN VINCENT
001 2009-10-01 KEVIN VINCENT KEVIN VINCENT 2011-02-15
001 2009-10-01 KEVIN VINCENT
001 2009-10-01 KEVIN VINCENT 2011-02-14

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2011-10-01	KEVIN VINCENT
001	2010-10-01	KEVIN VINCENT
001	2009-10-01	KEVIN VINCENT	KEVIN VINCENT	2011-02-15
001	2009-10-01	KEVIN VINCENT
001	2009-10-01		KEVIN VINCENT	2011-02-14

Plan Statistics for NEWSOM GROUP 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NEWSOM GROUP 401(K) PROFIT SHARING PLAN

Measure Date Value
2011: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-10-01 17
Total number of active participants reported on line 7a of the Form 5500 2011-10-01 0
Number of retired or separated participants receiving benefits 2011-10-01 0
Number of other retired or separated participants entitled to future benefits 2011-10-01 0
Total of all active and inactive participants 2011-10-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-10-01 0
Total participants 2011-10-01 0
Number of participants with account balances 2011-10-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-10-01 0
2010: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-10-01 16
Total number of active participants reported on line 7a of the Form 5500 2010-10-01 12
Number of retired or separated participants receiving benefits 2010-10-01 0
Number of other retired or separated participants entitled to future benefits 2010-10-01 5
Total of all active and inactive participants 2010-10-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-10-01 0
Total participants 2010-10-01 17
Number of participants with account balances 2010-10-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-10-01 1
2009: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-10-01 43
Total number of active participants reported on line 7a of the Form 5500 2009-10-01 11
Number of retired or separated participants receiving benefits 2009-10-01 0
Number of other retired or separated participants entitled to future benefits 2009-10-01 9
Total of all active and inactive participants 2009-10-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-10-01 0
Total participants 2009-10-01 20
Number of participants with account balances 2009-10-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-10-01 0

Measure	Date	Value
2011: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-10-01	17
Total number of active participants reported on line 7a of the Form 5500	2011-10-01	0
Number of retired or separated participants receiving benefits	2011-10-01	0
Number of other retired or separated participants entitled to future benefits	2011-10-01	0
Total of all active and inactive participants	2011-10-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-10-01	0
Total participants	2011-10-01	0
Number of participants with account balances	2011-10-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-10-01	0
2010: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-10-01	16
Total number of active participants reported on line 7a of the Form 5500	2010-10-01	12
Number of retired or separated participants receiving benefits	2010-10-01	0
Number of other retired or separated participants entitled to future benefits	2010-10-01	5
Total of all active and inactive participants	2010-10-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-10-01	0
Total participants	2010-10-01	17
Number of participants with account balances	2010-10-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-10-01	1
2009: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-10-01	43
Total number of active participants reported on line 7a of the Form 5500	2009-10-01	11
Number of retired or separated participants receiving benefits	2009-10-01	0
Number of other retired or separated participants entitled to future benefits	2009-10-01	9
Total of all active and inactive participants	2009-10-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-10-01	0
Total participants	2009-10-01	20
Number of participants with account balances	2009-10-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-10-01	0

Financial Data on NEWSOM GROUP 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2012 : NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-09-30	$54,826
Expenses. Total of all expenses incurred	2012-09-30	$382,526
Benefits paid (including direct rollovers)	2012-09-30	$382,150
Total plan assets at end of year	2012-09-30	$0
Total plan assets at beginning of year	2012-09-30	$327,700
Value of fidelity bond covering the plan	2012-09-30	$200,000
Total contributions received or receivable from participants	2012-09-30	$13,816
Expenses. Other expenses not covered elsewhere	2012-09-30	$376
Other income received	2012-09-30	$37,830
Net income (gross income less expenses)	2012-09-30	$-327,700
Net plan assets at end of year (total assets less liabilities)	2012-09-30	$0
Net plan assets at beginning of year (total assets less liabilities)	2012-09-30	$327,700
Total contributions received or receivable from employer(s)	2012-09-30	$3,180
Funding deficiency by the employer to the plan for this plan year	2012-09-30	$0
Minimum employer required contribution for this plan year	2012-09-30	$0
Amount contributed by the employer to the plan for this plan year	2012-09-30	$0
2011 : NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan	2011-09-30	$0
Total income from all sources	2011-09-30	$13,707
Expenses. Total of all expenses incurred	2011-09-30	$147,524
Benefits paid (including direct rollovers)	2011-09-30	$147,374
Total plan assets at end of year	2011-09-30	$327,700
Total plan assets at beginning of year	2011-09-30	$461,517
Value of fidelity bond covering the plan	2011-09-30	$200,000
Total contributions received or receivable from participants	2011-09-30	$15,574
Expenses. Other expenses not covered elsewhere	2011-09-30	$150
Contributions received from other sources (not participants or employers)	2011-09-30	$0
Other income received	2011-09-30	$-4,987
Net income (gross income less expenses)	2011-09-30	$-133,817
Net plan assets at end of year (total assets less liabilities)	2011-09-30	$327,700
Net plan assets at beginning of year (total assets less liabilities)	2011-09-30	$461,517
Assets. Value of participant loans	2011-09-30	$1,279
Total contributions received or receivable from employer(s)	2011-09-30	$3,120
Value of certain deemed distributions of participant loans	2011-09-30	$0
Value of corrective distributions	2011-09-30	$0
Funding deficiency by the employer to the plan for this plan year	2011-09-30	$0
Minimum employer required contribution for this plan year	2011-09-30	$0
Amount contributed by the employer to the plan for this plan year	2011-09-30	$0
2010 : NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2010 401k financial data
Funding deficiency by the employer to the plan for this plan year	2010-09-30	$0
Minimum employer required contribution for this plan year	2010-09-30	$0
Amount contributed by the employer to the plan for this plan year	2010-09-30	$0

Form 5500 Responses for NEWSOM GROUP 401(K) PROFIT SHARING PLAN

2011: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-10-01	Type of plan entity	Single employer plan
2011-10-01	Submission has been amended	No
2011-10-01	This submission is the final filing	Yes
2011-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-10-01	Plan is a collectively bargained plan	No
2011-10-01	Plan funding arrangement – Insurance	Yes
2011-10-01	Plan funding arrangement – Trust	Yes
2011-10-01	Plan benefit arrangement – Insurance	Yes
2010: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-10-01	Type of plan entity	Single employer plan
2010-10-01	Submission has been amended	No
2010-10-01	This submission is the final filing	No
2010-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-10-01	Plan is a collectively bargained plan	No
2010-10-01	Plan funding arrangement – Insurance	Yes
2010-10-01	Plan funding arrangement – Trust	Yes
2010-10-01	Plan benefit arrangement – Insurance	Yes
2009: NEWSOM GROUP 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-10-01	Type of plan entity	Single employer plan
2009-10-01	Submission has been amended	Yes
2009-10-01	This submission is the final filing	No
2009-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-10-01	Plan is a collectively bargained plan	No
2009-10-01	Plan funding arrangement – Insurance	Yes
2009-10-01	Plan funding arrangement – Trust	Yes
2009-10-01	Plan benefit arrangement – Insurance	Yes

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Company Name:	NEWSOM OIL COMPANY
Employer identification number (EIN):	560594307
NAIC Classification:	424700