401k Plan data: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN plan

SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 401k Plan overview

Plan Name	SWENSON GRANITE COMPANY LLC RETIREMENT PLAN
Plan identification number	001

SWENSON GRANITE COMPANY LLC RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SWENSON GRANITE COMPANY, LLC has sponsored the creation of one or more 401k plans.

Company Name: SWENSON GRANITE COMPANY, LLC

Employer identification number (EIN): 043391039

NAIC Classification: 212320
NAIC Description: Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying

Additional information about SWENSON GRANITE COMPANY, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2789452

More information about SWENSON GRANITE COMPANY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SWENSON GRANITE COMPANY LLC RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01 PAUL H HUTCHINS 2015-08-27 PAUL H HUTCHINS 2015-08-27
001 2013-01-01 PAUL H HUTCHINS 2014-09-22 PAUL H HUTCHINS 2014-09-22
001 2012-01-01 PAUL H HUTCHINS 2013-08-20 PAUL H HUTCHINS 2013-08-20
001 2011-01-01 PAUL HUTCHINS PAUL HUTCHINS 2012-07-26
001 2009-01-01 KEVIN SWENSON KEVIN SWENSON 2010-07-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01	PAUL H HUTCHINS	2015-08-27	PAUL H HUTCHINS	2015-08-27
001	2013-01-01	PAUL H HUTCHINS	2014-09-22	PAUL H HUTCHINS	2014-09-22
001	2012-01-01	PAUL H HUTCHINS	2013-08-20	PAUL H HUTCHINS	2013-08-20
001	2011-01-01	PAUL HUTCHINS		PAUL HUTCHINS	2012-07-26
001	2009-01-01	KEVIN SWENSON		KEVIN SWENSON	2010-07-13

Plan Statistics for SWENSON GRANITE COMPANY LLC RETIREMENT PLAN

401k plan membership statisitcs for SWENSON GRANITE COMPANY LLC RETIREMENT PLAN

Measure Date Value
2016: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 6,077,600
Acturial value of plan assets 2016-12-31 6,441,198
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 2,558,048
Number of terminated vested participants 2016-12-31 1
Fundng target for terminated vested participants 2016-12-31 8,435
Active participant vested funding target 2016-12-31 2,952,195
Number of active participants 2016-12-31 27
Total funding liabilities for active participants 2016-12-31 2,962,654
Total participant count 2016-12-31 37
Total funding target for all participants 2016-12-31 5,529,137
Balance at beginning of prior year after applicable adjustments 2016-12-31 899,422
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 899,422
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 214,600
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 228,227
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 857,239
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 1,172,944
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 1,108,545
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 20,888
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 1,108,545
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2011: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 33
Number of retired or separated participants receiving benefits 2011-01-01 7
Number of other retired or separated participants entitled to future benefits 2011-01-01 5
Total of all active and inactive participants 2011-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 32
Number of retired or separated participants receiving benefits 2009-01-01 5
Number of other retired or separated participants entitled to future benefits 2009-01-01 6
Total of all active and inactive participants 2009-01-01 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2016: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	6,077,600
Acturial value of plan assets	2016-12-31	6,441,198
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	2,558,048
Number of terminated vested participants	2016-12-31	1
Fundng target for terminated vested participants	2016-12-31	8,435
Active participant vested funding target	2016-12-31	2,952,195
Number of active participants	2016-12-31	27
Total funding liabilities for active participants	2016-12-31	2,962,654
Total participant count	2016-12-31	37
Total funding target for all participants	2016-12-31	5,529,137
Balance at beginning of prior year after applicable adjustments	2016-12-31	899,422
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	899,422
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	214,600
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	228,227
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	857,239
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	1,172,944
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	1,108,545
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	20,888
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	1,108,545
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2011: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	33
Number of retired or separated participants receiving benefits	2011-01-01	7
Number of other retired or separated participants entitled to future benefits	2011-01-01	5
Total of all active and inactive participants	2011-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	32
Number of retired or separated participants receiving benefits	2009-01-01	5
Number of other retired or separated participants entitled to future benefits	2009-01-01	6
Total of all active and inactive participants	2009-01-01	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on SWENSON GRANITE COMPANY LLC RETIREMENT PLAN

Measure	Date	Value
2011 : SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$143,801
Expenses. Total of all expenses incurred	2011-12-31	$143,759
Benefits paid (including direct rollovers)	2011-12-31	$107,329
Total plan assets at end of year	2011-12-31	$4,985,206
Total plan assets at beginning of year	2011-12-31	$4,985,164
Value of fidelity bond covering the plan	2011-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$10
Other income received	2011-12-31	$3,801
Net income (gross income less expenses)	2011-12-31	$42
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$4,985,206
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$4,985,164
Total contributions received or receivable from employer(s)	2011-12-31	$140,000
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$36,420
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$557,974
Expenses. Total of all expenses incurred	2010-12-31	$126,565
Benefits paid (including direct rollovers)	2010-12-31	$91,758
Total plan assets at end of year	2010-12-31	$4,985,164
Total plan assets at beginning of year	2010-12-31	$4,553,755
Value of fidelity bond covering the plan	2010-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2010-12-31	$178
Other income received	2010-12-31	$417,974
Net income (gross income less expenses)	2010-12-31	$431,409
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$4,985,164
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$4,553,755
Total contributions received or receivable from employer(s)	2010-12-31	$140,000
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$34,629
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SWENSON GRANITE COMPANY LLC RETIREMENT PLAN

2011: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SWENSON GRANITE COMPANY LLC RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SWENSON GRANITE COMPANY, LLC
Employer identification number (EIN):	043391039
NAIC Classification:	212320
NAIC Description:	Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2789452