G & G FITNESS EQUIPMENT, INC. has sponsored the creation of one or more 401k plans.
Additional information about G & G FITNESS EQUIPMENT, INC.
Submission information for form 5500 for 401k plan EMPLOYER SERVICES CORPORATION 401(K) RETIREMENT PLAN
401k plan membership statisitcs for EMPLOYER SERVICES CORPORATION 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2010 : EMPLOYER SERVICES CORPORATION 401(K) RETIREMENT PLAN 2010 401k financial data |
|---|
| Total transfer of assets from this plan | 2010-11-23 | $683,482 |
| Total income from all sources (including contributions) | 2010-11-23 | $134,022 |
| Total of all expenses incurred | 2010-11-23 | $181,160 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-11-23 | $137,219 |
| Expenses. Certain deemed distributions of participant loans | 2010-11-23 | $17,369 |
| Value of total corrective distributions | 2010-11-23 | $24,847 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-11-23 | $78,333 |
| Value of total assets at end of year | 2010-11-23 | $0 |
| Value of total assets at beginning of year | 2010-11-23 | $730,620 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-11-23 | $1,725 |
| Total interest from all sources | 2010-11-23 | $1,438 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-11-23 | No |
| Was this plan covered by a fidelity bond | 2010-11-23 | Yes |
| Value of fidelity bond cover | 2010-11-23 | $300,000 |
| If this is an individual account plan, was there a blackout period | 2010-11-23 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-11-23 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-11-23 | No |
| Contributions received from participants | 2010-11-23 | $61,689 |
| Participant contributions at end of year | 2010-11-23 | $0 |
| Participant contributions at beginning of year | 2010-11-23 | $31,990 |
| Participant contributions at end of year | 2010-11-23 | $0 |
| Participant contributions at beginning of year | 2010-11-23 | $1,182 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-11-23 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-11-23 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-11-23 | $263 |
| Other income not declared elsewhere | 2010-11-23 | $54,251 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-11-23 | No |
| Income. Non cash contributions | 2010-11-23 | $0 |
| Value of net income/loss | 2010-11-23 | $-47,138 |
| Value of net assets at end of year (total assets less liabilities) | 2010-11-23 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-11-23 | $730,620 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-11-23 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-11-23 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-11-23 | No |
| Value of interest in pooled separate accounts at end of year | 2010-11-23 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2010-11-23 | $643,542 |
| Interest on participant loans | 2010-11-23 | $1,438 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-11-23 | $50,656 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-11-23 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-11-23 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-11-23 | No |
| Contributions received in cash from employer | 2010-11-23 | $16,644 |
| Employer contributions (assets) at end of year | 2010-11-23 | $0 |
| Employer contributions (assets) at beginning of year | 2010-11-23 | $2,987 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-11-23 | $137,219 |
| Contract administrator fees | 2010-11-23 | $1,725 |
| Did the plan have assets held for investment | 2010-11-23 | 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 | 2010-11-23 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-11-23 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-11-23 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-11-23 | Disclaimer |
| Accountancy firm name | 2010-11-23 | BORELLI AND LIPUMA, LLC |
| Accountancy firm EIN | 2010-11-23 | 161608158 |
| 2009 : EMPLOYER SERVICES CORPORATION 401(K) 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 |
