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AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameAMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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).
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

AMERICAN PACIFIC MORTGAGE CORPORATION BIG VALLEY MORTGAGE has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN PACIFIC MORTGAGE CORPORATION BIG VALLEY MORTGAGE
Employer identification number (EIN):680382674
NAIC Classification:522292
NAIC Description:Real Estate Credit

Additional information about AMERICAN PACIFIC MORTGAGE CORPORATION BIG VALLEY MORTGAGE

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1572982

More information about AMERICAN PACIFIC MORTGAGE CORPORATION BIG VALLEY MORTGAGE

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-10-01
0022021-10-01
0022020-10-01
0022019-10-01
0022018-10-01PAUL HUBBARD2021-07-28

Plan Statistics for AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2021: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-10-012,605
Total number of active participants reported on line 7a of the Form 55002021-10-012,157
Number of retired or separated participants receiving benefits2021-10-010
Number of other retired or separated participants entitled to future benefits2021-10-01522
Total of all active and inactive participants2021-10-012,679
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-10-017
Total participants2021-10-012,686
Number of participants with account balances2021-10-012,638
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-10-01336
2020: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-10-011,864
Total number of active participants reported on line 7a of the Form 55002020-10-011,942
Number of retired or separated participants receiving benefits2020-10-010
Number of other retired or separated participants entitled to future benefits2020-10-01223
Total of all active and inactive participants2020-10-012,165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-016
Total participants2020-10-012,171
Number of participants with account balances2020-10-012,113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-01164
2019: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-012,017
Total number of active participants reported on line 7a of the Form 55002019-10-011,726
Number of retired or separated participants receiving benefits2019-10-010
Number of other retired or separated participants entitled to future benefits2019-10-010
Total of all active and inactive participants2019-10-011,726
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-010
Total participants2019-10-011,726
Number of participants with account balances2019-10-011,664
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-010
2018: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-10-010
Total number of active participants reported on line 7a of the Form 55002018-10-010
Number of retired or separated participants receiving benefits2018-10-010
Number of other retired or separated participants entitled to future benefits2018-10-010
Total of all active and inactive participants2018-10-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-10-010
Total participants2018-10-010
Number of participants with account balances2018-10-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-10-010

Financial Data on AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-09-30$-36,202,500
Total unrealized appreciation/depreciation of assets2022-09-30$-36,202,500
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$84,937,013
Expenses. Interest paid2022-09-30$1,224,318
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022022-09-30$1,224,318
Total income from all sources (including contributions)2022-09-30$50,038,525
Total loss/gain on sale of assets2022-09-30$0
Total of all expenses incurred2022-09-30$1,304,012
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-09-30$79,694
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-09-30$35,241,025
Value of total assets at end of year2022-09-30$121,350,000
Value of total assets at beginning of year2022-09-30$157,552,500
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-09-30$0
Total interest from all sources2022-09-30$0
Total dividends received (eg from common stock, registered investment company shares)2022-09-30$51,000,000
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-09-30No
Was this plan covered by a fidelity bond2022-09-30Yes
Value of fidelity bond cover2022-09-30$1,000,000
If this is an individual account plan, was there a blackout period2022-09-30No
Were there any nonexempt tranactions with any party-in-interest2022-09-30No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Value of net income/loss2022-09-30$48,734,513
Value of net assets at end of year (total assets less liabilities)2022-09-30$121,350,000
Value of net assets at beginning of year (total assets less liabilities)2022-09-30$72,615,487
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-09-30No
Were any leases to which the plan was party in default or uncollectible2022-09-30No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-09-30No
Was there a failure to transmit to the plan any participant contributions2022-09-30No
Has the plan failed to provide any benefit when due under the plan2022-09-30No
Assets. Invements in employer securities at end of year2022-09-30$121,350,000
Assets. Invements in employer securities at beginning of year2022-09-30$157,552,500
Contributions received in cash from employer2022-09-30$35,241,025
Employer contributions (assets) at end of year2022-09-30$0
Employer contributions (assets) at beginning of year2022-09-30$0
Income. Dividends from common stock2022-09-30$51,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-09-30$79,694
Did the plan have assets held for investment2022-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-09-30No
Liabilities. Value of acquisition indebtedness at end of year2022-09-30$0
Liabilities. Value of acquisition indebtedness at beginning of year2022-09-30$84,937,013
Opinion of an independent qualified public accountant for this plan2022-09-30Unqualified
Accountancy firm name2022-09-30RICHEY, MAY & CO., LLP
Accountancy firm EIN2022-09-30710911208
2021 : AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-09-30$8,260,000
Total unrealized appreciation/depreciation of assets2021-09-30$8,260,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$84,937,013
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$200,263,414
Expenses. Interest paid2021-09-30$1,673,599
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-09-30$1,673,599
Total income from all sources (including contributions)2021-09-30$74,262,256
Total loss/gain on sale of assets2021-09-30$0
Total of all expenses incurred2021-09-30$1,675,855
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-09-30$2,256
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-09-30$42,002,256
Value of total assets at end of year2021-09-30$157,552,500
Value of total assets at beginning of year2021-09-30$200,292,500
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-09-30$0
Total interest from all sources2021-09-30$0
Total dividends received (eg from common stock, registered investment company shares)2021-09-30$24,000,000
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-09-30No
Was this plan covered by a fidelity bond2021-09-30Yes
Value of fidelity bond cover2021-09-30$5,000,000
If this is an individual account plan, was there a blackout period2021-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0
Were there any nonexempt tranactions with any party-in-interest2021-09-30No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-09-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-09-30$51,000,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Value of net income/loss2021-09-30$72,586,401
Value of net assets at end of year (total assets less liabilities)2021-09-30$72,615,487
Value of net assets at beginning of year (total assets less liabilities)2021-09-30$29,086
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-09-30No
Were any leases to which the plan was party in default or uncollectible2021-09-30No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-09-30No
Was there a failure to transmit to the plan any participant contributions2021-09-30No
Has the plan failed to provide any benefit when due under the plan2021-09-30No
Assets. Invements in employer securities at end of year2021-09-30$157,552,500
Assets. Invements in employer securities at beginning of year2021-09-30$149,292,500
Contributions received in cash from employer2021-09-30$42,002,256
Employer contributions (assets) at end of year2021-09-30$0
Employer contributions (assets) at beginning of year2021-09-30$51,000,000
Income. Dividends from preferred stock2021-09-30$24,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-09-30$2,256
Did the plan have assets held for investment2021-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-09-30No
Liabilities. Value of acquisition indebtedness at end of year2021-09-30$84,937,013
Liabilities. Value of acquisition indebtedness at beginning of year2021-09-30$149,263,414
Opinion of an independent qualified public accountant for this plan2021-09-30Unqualified
Accountancy firm name2021-09-30RICHEY, MAY & CO., LLP
Accountancy firm EIN2021-09-30710911208
2020 : AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-09-30$-50,707,500
Total unrealized appreciation/depreciation of assets2020-09-30$-50,707,500
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$200,263,414
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Expenses. Interest paid2020-09-30$263,414
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-09-30$263,414
Total income from all sources (including contributions)2020-09-30$292,500
Total loss/gain on sale of assets2020-09-30$0
Total of all expenses incurred2020-09-30$263,414
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-09-30$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-09-30$51,000,000
Value of total assets at end of year2020-09-30$200,292,500
Value of total assets at beginning of year2020-09-30$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-09-30$0
Total interest from all sources2020-09-30$0
Total dividends received (eg from common stock, registered investment company shares)2020-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-09-30No
Was this plan covered by a fidelity bond2020-09-30No
If this is an individual account plan, was there a blackout period2020-09-30Yes
Were there any nonexempt tranactions with any party-in-interest2020-09-30No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-09-30$51,000,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-09-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Value of net income/loss2020-09-30$29,086
Value of net assets at end of year (total assets less liabilities)2020-09-30$29,086
Value of net assets at beginning of year (total assets less liabilities)2020-09-30$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-09-30No
Were any leases to which the plan was party in default or uncollectible2020-09-30No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-09-30No
Was there a failure to transmit to the plan any participant contributions2020-09-30No
Has the plan failed to provide any benefit when due under the plan2020-09-30No
Assets. Invements in employer securities at end of year2020-09-30$149,292,500
Assets. Invements in employer securities at beginning of year2020-09-30$0
Contributions received in cash from employer2020-09-30$51,000,000
Employer contributions (assets) at end of year2020-09-30$51,000,000
Employer contributions (assets) at beginning of year2020-09-30$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-09-30Yes
Did the plan have assets held for investment2020-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-09-30No
Liabilities. Value of acquisition indebtedness at end of year2020-09-30$149,263,414
Liabilities. Value of acquisition indebtedness at beginning of year2020-09-30$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-09-30No
Opinion of an independent qualified public accountant for this plan2020-09-30Unqualified
Accountancy firm name2020-09-30RICHEY, MAY & CO., LLP
Accountancy firm EIN2020-09-30710911208
2019 : AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-09-30No
Was this plan covered by a fidelity bond2019-09-30No
If this is an individual account plan, was there a blackout period2019-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-09-30$0
Were there any nonexempt tranactions with any party-in-interest2019-09-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-09-30No
Were any leases to which the plan was party in default or uncollectible2019-09-30No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-09-30No
Was there a failure to transmit to the plan any participant contributions2019-09-30No
Has the plan failed to provide any benefit when due under the plan2019-09-30No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-09-30No
Did the plan have assets held for investment2019-09-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-09-30No
Opinion of an independent qualified public accountant for this plan2019-09-30Unqualified
Accountancy firm name2019-09-30RICHEY, MAY & CO., LLP
Accountancy firm EIN2019-09-30710911208

Form 5500 Responses for AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

2021: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01Submission has been amendedNo
2021-10-01This submission is the final filingNo
2021-10-01This return/report is a short plan year return/report (less than 12 months)No
2021-10-01Plan is a collectively bargained planNo
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement - TrustYes
2020: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement - TrustYes
2019: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Submission has been amendedNo
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement - TrustYes
2018: AMERICAN PACIFIC MORTGAGE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01First time form 5500 has been submittedYes
2018-10-01Submission has been amendedYes
2018-10-01Plan funding arrangement – TrustYes
2018-10-01Plan benefit arrangement - TrustYes

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