401k Plan data: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN plan

JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 401k Plan overview

Plan Name	JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN
Plan identification number	002

JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

JONES PAINT & GLASS, INC has sponsored the creation of one or more 401k plans.

Company Name: JONES PAINT & GLASS, INC

Employer identification number (EIN): 870232828

NAIC Classification: 444120
NAIC Description: Paint and Wallpaper Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2012-01-01 JEFF JONES
002 2011-01-01 JEFF JONES
002 2010-01-01 MERLYNN JONES
002 2009-01-01 MERLYNN JONES

Plan id#	Filing Submission Date	Name of Administrator
002	2012-01-01	JEFF JONES
002	2011-01-01	JEFF JONES
002	2010-01-01	MERLYNN JONES
002	2009-01-01	MERLYNN JONES

Plan Statistics for JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN

401k plan membership statisitcs for JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN

Measure Date Value
2012: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 192
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 151
Number of retired or separated participants receiving benefits 2012-01-01 6
Number of other retired or separated participants entitled to future benefits 2012-01-01 29
Total of all active and inactive participants 2012-01-01 186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 186
Number of participants with account balances 2012-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 202
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 149
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 40
Total of all active and inactive participants 2011-01-01 189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 189
Number of participants with account balances 2011-01-01 133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2010: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 228
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 154
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 42
Total of all active and inactive participants 2010-01-01 196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 196
Number of participants with account balances 2010-01-01 141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 257
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 177
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 42
Total of all active and inactive participants 2009-01-01 219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 219
Number of participants with account balances 2009-01-01 142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	192
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	151
Number of retired or separated participants receiving benefits	2012-01-01	6
Number of other retired or separated participants entitled to future benefits	2012-01-01	29
Total of all active and inactive participants	2012-01-01	186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	186
Number of participants with account balances	2012-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	202
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	149
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	40
Total of all active and inactive participants	2011-01-01	189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	189
Number of participants with account balances	2011-01-01	133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2010: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	228
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	154
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	42
Total of all active and inactive participants	2010-01-01	196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	196
Number of participants with account balances	2010-01-01	141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	257
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	177
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	42
Total of all active and inactive participants	2009-01-01	219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	219
Number of participants with account balances	2009-01-01	142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN

Measure	Date	Value
2012 : JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$984,179
Total of all expenses incurred	2012-12-31	$825,644
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$821,539
Expenses. Certain deemed distributions of participant loans	2012-12-31	$2,657
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$465,110
Value of total assets at end of year	2012-12-31	$4,869,796
Value of total assets at beginning of year	2012-12-31	$4,711,261
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$1,448
Total interest from all sources	2012-12-31	$10,801
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Funding deficiency by the employer to the plan for this plan year	2012-12-31	$0
Minimum employer required contribution for this plan year	2012-12-31	$0
Amount contributed by the employer to the plan for this plan year	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$274,466
Participant contributions at end of year	2012-12-31	$247,428
Participant contributions at beginning of year	2012-12-31	$191,252
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$24,261
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$158,535
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$4,869,796
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$4,711,261
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in pooled separate accounts at end of year	2012-12-31	$3,441,829
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$3,502,059
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$10,801
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$1,180,539
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$1,017,358
Net investment gain/loss from pooled separate accounts	2012-12-31	$508,268
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$166,383
Employer contributions (assets) at beginning of year	2012-12-31	$592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$821,539
Contract administrator fees	2012-12-31	$1,448
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	HUBER, ERICKSON & BOWMAN, LLC
Accountancy firm EIN	2012-12-31	870350273
2011 : JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$275,386
Total of all expenses incurred	2011-12-31	$470,927
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$468,611
Expenses. Certain deemed distributions of participant loans	2011-12-31	$1,006
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$442,622
Value of total assets at end of year	2011-12-31	$4,711,261
Value of total assets at beginning of year	2011-12-31	$4,906,802
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$1,310
Total interest from all sources	2011-12-31	$11,133
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
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	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	$278,721
Participant contributions at end of year	2011-12-31	$191,252
Participant contributions at beginning of year	2011-12-31	$170,894
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$23,684
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	$-195,541
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$4,711,261
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$4,906,802
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 pooled separate accounts at end of year	2011-12-31	$3,502,059
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$3,623,849
Interest on participant loans	2011-12-31	$11,133
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$1,017,358
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$1,111,819
Net investment gain/loss from pooled separate accounts	2011-12-31	$-178,369
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	$140,217
Employer contributions (assets) at end of year	2011-12-31	$592
Employer contributions (assets) at beginning of year	2011-12-31	$240
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$468,611
Contract administrator fees	2011-12-31	$1,310
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	HUBER, ERICKSON & BOWMAN, LLC
Accountancy firm EIN	2011-12-31	870350273
2010 : JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$854,263
Total of all expenses incurred	2010-12-31	$719,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$718,093
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$461,965
Value of total assets at end of year	2010-12-31	$4,906,802
Value of total assets at beginning of year	2010-12-31	$4,771,918
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,286
Total interest from all sources	2010-12-31	$11,726
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	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	$304,929
Participant contributions at end of year	2010-12-31	$170,894
Participant contributions at beginning of year	2010-12-31	$204,411
Participant contributions at beginning of year	2010-12-31	$129
Administrative expenses (other) incurred	2010-12-31	$1,286
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	$134,884
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$4,906,802
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$4,771,918
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 pooled separate accounts at end of year	2010-12-31	$3,623,849
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$3,502,408
Interest on participant loans	2010-12-31	$11,726
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$1,111,819
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$1,064,328
Net investment gain/loss from pooled separate accounts	2010-12-31	$380,572
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	$157,036
Employer contributions (assets) at end of year	2010-12-31	$240
Employer contributions (assets) at beginning of year	2010-12-31	$642
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$718,093
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	HUBER, ERICKSON & BOWMAN, LLC
Accountancy firm EIN	2010-12-31	870350273
2009 : JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN

2012: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: JONES PAINT & GLASS, INC. 401K & PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	JONES PAINT & GLASS, INC
Employer identification number (EIN):	870232828
NAIC Classification:	444120
NAIC Description:	Paint and Wallpaper Stores