Plan Name | FLODRAULIC GROUP, INC. EMPLOYEE BENEFIT TRUST |
Plan identification number | 502 |
401k Plan Type | Welfare Benefit |
Plan Features/Benefits |
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Company Name: | FLODRAULIC GROUP INC |
Employer identification number (EIN): | 870698321 |
NAIC Classification: | 525100 |
NAIC Description: | Insurance and Employee Benefit Funds |
Additional information about FLODRAULIC GROUP INC
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2008-07-16 |
Company Identification Number: | 0801004793 |
Legal Registered Office Address: |
3539 N 700 W GREENFIELD United States of America (USA) 46140 |
More information about FLODRAULIC GROUP INC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
502 | 2012-07-01 | ATEF ISKANDER | |||
502 | 2011-07-01 | ATEF ISKANDER |
Measure | Date | Value |
---|---|---|
2012: FLODRAULIC GROUP, INC. EMPLOYEE BENEFIT TRUST 2012 401k membership | ||
Total participants, beginning-of-year | 2012-07-01 | 0 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-07-01 | 0 |
Total of all active and inactive participants | 2012-07-01 | 0 |
2011: FLODRAULIC GROUP, INC. EMPLOYEE BENEFIT TRUST 2011 401k membership | ||
Total participants, beginning-of-year | 2011-07-01 | 134 |
Total of all active and inactive participants | 2011-07-01 | 0 |
Measure | Date | Value |
---|---|---|
2012 : FLODRAULIC GROUP, INC. EMPLOYEE BENEFIT TRUST 2012 401k financial data | ||
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-06-30 | $40,000 |
Total income from all sources (including contributions) | 2012-06-30 | $147,991 |
Total of all expenses incurred | 2012-06-30 | $127,816 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-06-30 | $82,357 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-06-30 | $139,868 |
Value of total assets at beginning of year | 2012-06-30 | $19,825 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-06-30 | $45,459 |
Total interest from all sources | 2012-06-30 | $4 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-06-30 | No |
Was this plan covered by a fidelity bond | 2012-06-30 | Yes |
Value of fidelity bond cover | 2012-06-30 | $500,000 |
If this is an individual account plan, was there a blackout period | 2012-06-30 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-06-30 | No |
Contributions received from participants | 2012-06-30 | $32,368 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-06-30 | $58,715 |
Other income not declared elsewhere | 2012-06-30 | $8,119 |
Administrative expenses (other) incurred | 2012-06-30 | $35,554 |
Total non interest bearing cash at beginning of year | 2012-06-30 | $19,825 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-06-30 | No |
Value of net income/loss | 2012-06-30 | $20,175 |
Value of net assets at end of year (total assets less liabilities) | 2012-06-30 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-06-30 | $-20,175 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-06-30 | No |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-06-30 | $4 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2012-06-30 | $23,642 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-06-30 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-06-30 | No |
Contributions received in cash from employer | 2012-06-30 | $107,500 |
Contract administrator fees | 2012-06-30 | $9,905 |
Liabilities. Value of benefit claims payable at beginning of year | 2012-06-30 | $40,000 |
Did the plan have assets held for investment | 2012-06-30 | No |
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 | 2012-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-06-30 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-06-30 | No |
Opinion of an independent qualified public accountant for this plan | 2012-06-30 | Unqualified |
Accountancy firm name | 2012-06-30 | HORIZON CPA SERVICES, INC. |
Accountancy firm EIN | 2012-06-30 | 204287594 |
2012: FLODRAULIC GROUP, INC. EMPLOYEE BENEFIT TRUST 2012 form 5500 responses | ||
---|---|---|
2012-07-01 | Type of plan entity | Single employer plan |
2012-07-01 | This submission is the final filing | Yes |
2012-07-01 | Plan funding arrangement – General assets of the sponsor | Yes |
2012-07-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
2011: FLODRAULIC GROUP, INC. EMPLOYEE BENEFIT TRUST 2011 form 5500 responses | ||
2011-07-01 | Type of plan entity | Single employer plan |
2011-07-01 | Plan funding arrangement – Insurance | Yes |
2011-07-01 | Plan funding arrangement – Trust | Yes |
2011-07-01 | Plan benefit arrangement – Insurance | Yes |
2011-07-01 | Plan benefit arrangement - Trust | Yes |