401k Plan data: THE ART SOURCE 401(K) PROFIT SHARING PLAN plan

THE ART SOURCE 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	THE ART SOURCE 401(K) PROFIT SHARING PLAN
Plan identification number	002

THE ART SOURCE 401(K) 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

THE ART SOURCE, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE ART SOURCE, INC.

Employer identification number (EIN): 990280665

NAIC Classification: 453990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ART SOURCE 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2015-01-01 LON
002 2015-01-01
002 2014-01-01 LON MIYAGUCHI
002 2013-01-01 LON MIYAGUCHI
002 2012-01-01 LON MIYAGUCHI 2013-07-22 LON MIYAGUCHI 2013-07-22

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2015-01-01	LON
002	2015-01-01
002	2014-01-01	LON MIYAGUCHI
002	2013-01-01	LON MIYAGUCHI
002	2012-01-01	LON MIYAGUCHI	2013-07-22	LON MIYAGUCHI	2013-07-22

Plan Statistics for THE ART SOURCE 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE ART SOURCE 401(K) PROFIT SHARING PLAN

Measure Date Value
2015: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 211
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 0
Number of participants with account balances 2015-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 212
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 128
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 19
Total of all active and inactive participants 2014-01-01 147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 147
Number of participants with account balances 2014-01-01 211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 135
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 74
Total of all active and inactive participants 2013-01-01 209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 209
Number of participants with account balances 2013-01-01 179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2015: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	211
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	0
Number of participants with account balances	2015-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	212
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	128
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	19
Total of all active and inactive participants	2014-01-01	147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	147
Number of participants with account balances	2014-01-01	211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	135
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	74
Total of all active and inactive participants	2013-01-01	209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	209
Number of participants with account balances	2013-01-01	179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on THE ART SOURCE 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2015 : THE ART SOURCE 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total transfer of assets from this plan	2015-04-30	$1,113,627
Total income from all sources (including contributions)	2015-04-30	$83,750
Total of all expenses incurred	2015-04-30	$19,682
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-04-30	$12,394
Value of total corrective distributions	2015-04-30	$3,859
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-04-30	$53,792
Value of total assets at end of year	2015-04-30	$0
Value of total assets at beginning of year	2015-04-30	$1,049,559
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-04-30	$3,429
Total interest from all sources	2015-04-30	$274
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-04-30	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2015-04-30	$0
Was this plan covered by a fidelity bond	2015-04-30	Yes
Value of fidelity bond cover	2015-04-30	$100,000
If this is an individual account plan, was there a blackout period	2015-04-30	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-04-30	$0
Were there any nonexempt tranactions with any party-in-interest	2015-04-30	No
Contributions received from participants	2015-04-30	$53,792
Participant contributions at beginning of year	2015-04-30	$26,504
Other income not declared elsewhere	2015-04-30	$718
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-04-30	No
Value of net income/loss	2015-04-30	$64,068
Value of net assets at end of year (total assets less liabilities)	2015-04-30	$0
Value of net assets at beginning of year (total assets less liabilities)	2015-04-30	$1,049,559
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-04-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-04-30	No
Were any leases to which the plan was party in default or uncollectible	2015-04-30	No
Value of interest in pooled separate accounts at end of year	2015-04-30	$0
Value of interest in pooled separate accounts at beginning of year	2015-04-30	$875,603
Interest on participant loans	2015-04-30	$274
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-04-30	$147,452
Net investment gain/loss from pooled separate accounts	2015-04-30	$28,966
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-04-30	No
Was there a failure to transmit to the plan any participant contributions	2015-04-30	No
Has the plan failed to provide any benefit when due under the plan	2015-04-30	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-04-30	$12,394
Contract administrator fees	2015-04-30	$3,429
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2015-04-30	Yes
Did the plan have assets held for investment	2015-04-30	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	2015-04-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-04-30	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-04-30	Yes
Opinion of an independent qualified public accountant for this plan	2015-04-30	Disclaimer
Accountancy firm name	2015-04-30	KKDLY LLC
Accountancy firm EIN	2015-04-30	990292355
2014 : THE ART SOURCE 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$237,897
Total of all expenses incurred	2014-12-31	$82,686
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$58,413
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$165,260
Value of total assets at end of year	2014-12-31	$1,049,559
Value of total assets at beginning of year	2014-12-31	$894,348
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$24,273
Total interest from all sources	2014-12-31	$1,347
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$100,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$165,245
Participant contributions at end of year	2014-12-31	$26,504
Participant contributions at beginning of year	2014-12-31	$29,292
Other income not declared elsewhere	2014-12-31	$2,270
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$155,211
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$1,049,559
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$894,348
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in pooled separate accounts at end of year	2014-12-31	$875,603
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$730,971
Interest on participant loans	2014-12-31	$1,347
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$147,452
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$134,085
Net investment gain/loss from pooled separate accounts	2014-12-31	$69,020
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$15
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$58,413
Contract administrator fees	2014-12-31	$24,273
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	KOBAYASHI, KANETOKU, DOI, LUM
Accountancy firm EIN	2014-12-31	990292355
2013 : THE ART SOURCE 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources (including contributions)	2013-12-31	$282,347
Total of all expenses incurred	2013-12-31	$196,960
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$181,373
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$135,788
Value of total assets at end of year	2013-12-31	$894,348
Value of total assets at beginning of year	2013-12-31	$808,961
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$15,587
Total interest from all sources	2013-12-31	$2,268
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$100,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$135,788
Participant contributions at end of year	2013-12-31	$29,292
Participant contributions at beginning of year	2013-12-31	$42,990
Participant contributions at beginning of year	2013-12-31	$4,276
Other income not declared elsewhere	2013-12-31	$2,227
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$85,387
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$894,348
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$808,961
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in pooled separate accounts at end of year	2013-12-31	$730,971
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$630,976
Interest on participant loans	2013-12-31	$2,268
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$134,085
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$130,719
Net investment gain/loss from pooled separate accounts	2013-12-31	$142,064
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$181,373
Contract administrator fees	2013-12-31	$15,587
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	KOBAYASHI, KANETOKU, DOI, LUM
Accountancy firm EIN	2013-12-31	990292355

Form 5500 Responses for THE ART SOURCE 401(K) PROFIT SHARING PLAN

2015: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	Yes
2015-01-01	This submission is the final filing	Yes
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: THE ART SOURCE 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

800200

Policy instance

Insurance contract or identification number	800200
Number of Individuals Covered	0
Insurance policy start date	2015-01-01
Insurance policy end date	2015-04-30
Total amount of commissions paid to insurance broker	USD $876
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $876
Insurance broker organization code?	3
Insurance broker name	RONALD D CRAIG

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

800200

Policy instance

Insurance contract or identification number	800200
Number of Individuals Covered	211
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Insurance broker organization code?	3
Insurance broker name	RONALD D CRAIG

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

800200

Policy instance

Insurance contract or identification number	800200
Total amount of commissions paid to insurance broker	USD $2,082
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Commission paid to Insurance Broker	USD $2,082
Insurance broker organization code?	3
Insurance broker name	RONALD D CRAIG

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Company Name:	THE ART SOURCE, INC.
Employer identification number (EIN):	990280665
NAIC Classification:	453990