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K J ELECTRIC CORPORATION PROFIT SHARING PLAN 401k Plan overview

Plan NameK J ELECTRIC CORPORATION PROFIT SHARING PLAN
Plan identification number 001

K J ELECTRIC CORPORATION PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • 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

K J ELECTRIC CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:K J ELECTRIC CORPORATION
Employer identification number (EIN):223201654

Form 5500 Filing Information

Submission information for form 5500 for 401k plan K J ELECTRIC CORPORATION PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-10-01KEN E. JACOBS KEN E. JACOBS2012-07-13
0012009-10-01KEN E JACOBS KEN E JACOBS2011-07-12
0012008-10-01

Plan Statistics for K J ELECTRIC CORPORATION PROFIT SHARING PLAN

401k plan membership statisitcs for K J ELECTRIC CORPORATION PROFIT SHARING PLAN

Measure Date Value
2010: K J ELECTRIC CORPORATION PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-10-01146
Total number of active participants reported on line 7a of the Form 55002010-10-0192
Number of retired or separated participants receiving benefits2010-10-014
Number of other retired or separated participants entitled to future benefits2010-10-0147
Total of all active and inactive participants2010-10-01143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-10-010
Total participants2010-10-01143
Number of participants with account balances2010-10-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-10-010
2009: K J ELECTRIC CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-01153
Total number of active participants reported on line 7a of the Form 55002009-10-0195
Number of retired or separated participants receiving benefits2009-10-010
Number of other retired or separated participants entitled to future benefits2009-10-0141
Total of all active and inactive participants2009-10-01136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-01136
Number of participants with account balances2009-10-01125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-010

Financial Data on K J ELECTRIC CORPORATION PROFIT SHARING PLAN

Measure Date Value
2011 : K J ELECTRIC CORPORATION PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-09-30$-202,213
Total unrealized appreciation/depreciation of assets2011-09-30$-202,213
Total transfer of assets to this plan2011-09-30$0
Total transfer of assets from this plan2011-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-30$159
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-30$0
Total income from all sources (including contributions)2011-09-30$155,728
Total loss/gain on sale of assets2011-09-30$98,819
Total of all expenses incurred2011-09-30$187,557
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-09-30$178,240
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-09-30$290,544
Value of total assets at end of year2011-09-30$3,339,865
Value of total assets at beginning of year2011-09-30$3,371,535
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-09-30$9,317
Total interest from all sources2011-09-30$73,863
Total dividends received (eg from common stock, registered investment company shares)2011-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-09-30No
Administrative expenses professional fees incurred2011-09-30$8,654
Was this plan covered by a fidelity bond2011-09-30Yes
Value of fidelity bond cover2011-09-30$1,000,000
If this is an individual account plan, was there a blackout period2011-09-30No
Were there any nonexempt tranactions with any party-in-interest2011-09-30No
Contributions received from participants2011-09-30$246,614
Participant contributions at end of year2011-09-30$38,241
Participant contributions at beginning of year2011-09-30$37,604
Participant contributions at end of year2011-09-30$0
Participant contributions at beginning of year2011-09-30$3,549
Income. Received or receivable in cash from other sources (including rollovers)2011-09-30$43,930
Administrative expenses (other) incurred2011-09-30$663
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-30No
Value of net income/loss2011-09-30$-31,829
Value of net assets at end of year (total assets less liabilities)2011-09-30$3,339,706
Value of net assets at beginning of year (total assets less liabilities)2011-09-30$3,371,535
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-09-30No
Were any leases to which the plan was party in default or uncollectible2011-09-30No
Investment advisory and management fees2011-09-30$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-09-30$1,769,407
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-09-30$1,670,433
Interest on participant loans2011-09-30$1,721
Interest earned on other investments2011-09-30$78
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-09-30$55,363
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-09-30$153,691
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-09-30$153,691
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-09-30$72,064
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-09-30$-105,285
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-09-30No
Was there a failure to transmit to the plan any participant contributions2011-09-30No
Has the plan failed to provide any benefit when due under the plan2011-09-30No
Employer contributions (assets) at end of year2011-09-30$0
Employer contributions (assets) at beginning of year2011-09-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-09-30$178,240
Asset. Corporate debt instrument preferred debt at end of year2011-09-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2011-09-30$26,479
Contract administrator fees2011-09-30$0
Assets. Corporate common stocks other than exployer securities at end of year2011-09-30$1,476,854
Assets. Corporate common stocks other than exployer securities at beginning of year2011-09-30$1,479,779
Liabilities. Value of benefit claims payable at end of year2011-09-30$159
Did the plan have assets held for investment2011-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-09-30No
Aggregate proceeds on sale of assets2011-09-30$98,819
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-09-30Yes
Opinion of an independent qualified public accountant for this plan2011-09-30Disclaimer
Accountancy firm name2011-09-30PIAKER & LYONS CPAS
Accountancy firm EIN2011-09-30161383205

Form 5500 Responses for K J ELECTRIC CORPORATION PROFIT SHARING PLAN

2010: K J ELECTRIC CORPORATION PROFIT SHARING PLAN 2010 form 5500 responses
2010-10-01Type of plan entitySingle employer plan
2010-10-01Submission has been amendedNo
2010-10-01This submission is the final filingNo
2010-10-01This return/report is a short plan year return/report (less than 12 months)No
2010-10-01Plan is a collectively bargained planNo
2010-10-01Plan funding arrangement – TrustYes
2010-10-01Plan benefit arrangement - TrustYes
2009: K J ELECTRIC CORPORATION PROFIT SHARING PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedNo
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes
2008: K J ELECTRIC CORPORATION PROFIT SHARING PLAN 2008 form 5500 responses
2008-10-01Type of plan entitySingle employer plan
2008-10-01Submission has been amendedNo
2008-10-01This submission is the final filingNo
2008-10-01This return/report is a short plan year return/report (less than 12 months)No
2008-10-01Plan is a collectively bargained planNo

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