401k Plan data: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN plan

SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 401k Plan overview

Plan Name	SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN
Plan identification number	002

SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

SUPERIOR ABRASIVES INC has sponsored the creation of one or more 401k plans.

Company Name: SUPERIOR ABRASIVES INC

Employer identification number (EIN): 310860915

NAIC Classification: 339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 LYNNE HENSON
002 2013-01-01 LYNNE HENSON
002 2012-01-01 LYNNE HENSON
002 2011-01-01 LYNNE HENSON
002 2010-01-01 LYNNE HENSON
002 2009-01-01 LYNNE HENSON LYNNE HENSON 2010-07-28

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2014-01-01	LYNNE HENSON
002	2013-01-01	LYNNE HENSON
002	2012-01-01	LYNNE HENSON
002	2011-01-01	LYNNE HENSON
002	2010-01-01	LYNNE HENSON
002	2009-01-01	LYNNE HENSON	LYNNE HENSON	2010-07-28

Plan Statistics for SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN

Measure Date Value
2014: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 0
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 0
Total of all active and inactive participants 2014-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 0
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 69
Total of all active and inactive participants 2013-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 69
Number of participants with account balances 2013-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 2
Number of other retired or separated participants entitled to future benefits 2012-01-01 67
Total of all active and inactive participants 2012-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 69
Number of participants with account balances 2012-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 68
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 56
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 6
Total of all active and inactive participants 2011-01-01 63
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 63
Number of participants with account balances 2011-01-01 63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2010: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 57
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 11
Total of all active and inactive participants 2010-01-01 68
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 68
Number of participants with account balances 2010-01-01 68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 3
2009: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 58
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 10
Total of all active and inactive participants 2009-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 69
Number of participants with account balances 2009-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 5

Measure	Date	Value
2014: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	0
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	0
Total of all active and inactive participants	2014-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	0
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	69
Total of all active and inactive participants	2013-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	69
Number of participants with account balances	2013-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	2
Number of other retired or separated participants entitled to future benefits	2012-01-01	67
Total of all active and inactive participants	2012-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	69
Number of participants with account balances	2012-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	68
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	56
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	6
Total of all active and inactive participants	2011-01-01	63
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	63
Number of participants with account balances	2011-01-01	63
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2010: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	57
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	11
Total of all active and inactive participants	2010-01-01	68
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	68
Number of participants with account balances	2010-01-01	68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	3
2009: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	58
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	10
Total of all active and inactive participants	2009-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	69
Number of participants with account balances	2009-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	5

Financial Data on SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN

Measure	Date	Value
2014 : SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-07-07	$59,369
Expenses. Total of all expenses incurred	2014-07-07	$3,663,703
Benefits paid (including direct rollovers)	2014-07-07	$3,653,855
Total plan assets at end of year	2014-07-07	$0
Total plan assets at beginning of year	2014-07-07	$3,604,334
Value of fidelity bond covering the plan	2014-07-07	$350,000
Expenses. Other expenses not covered elsewhere	2014-07-07	$9,848
Noncash contributions received	2014-07-07	$59,369
Net income (gross income less expenses)	2014-07-07	$-3,604,334
Net plan assets at end of year (total assets less liabilities)	2014-07-07	$0
Net plan assets at beginning of year (total assets less liabilities)	2014-07-07	$3,604,334
Assets. Value of participant loans	2014-07-07	$0
Total contributions received or receivable from employer(s)	2014-07-07	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-07-07	$0
2013 : SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$364
Total income from all sources	2013-12-31	$185,645
Expenses. Total of all expenses incurred	2013-12-31	$141,893
Benefits paid (including direct rollovers)	2013-12-31	$123,031
Total plan assets at end of year	2013-12-31	$3,604,334
Total plan assets at beginning of year	2013-12-31	$3,560,946
Value of fidelity bond covering the plan	2013-12-31	$350,000
Expenses. Other expenses not covered elsewhere	2013-12-31	$18,862
Contributions received from other sources (not participants or employers)	2013-12-31	$151
Other income received	2013-12-31	$185,494
Net income (gross income less expenses)	2013-12-31	$43,752
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$3,604,334
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$3,560,582
Assets. Value of participant loans	2013-12-31	$11,326
Total contributions received or receivable from employer(s)	2013-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$364
Total plan liabilities at beginning of year	2012-12-31	$1,317
Total income from all sources	2012-12-31	$332,675
Expenses. Total of all expenses incurred	2012-12-31	$266,610
Benefits paid (including direct rollovers)	2012-12-31	$250,727
Total plan assets at end of year	2012-12-31	$3,560,946
Total plan assets at beginning of year	2012-12-31	$3,495,834
Value of fidelity bond covering the plan	2012-12-31	$350,000
Expenses. Other expenses not covered elsewhere	2012-12-31	$15,883
Other income received	2012-12-31	$201,311
Net income (gross income less expenses)	2012-12-31	$66,065
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$3,560,582
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$3,494,517
Assets. Value of participant loans	2012-12-31	$13,552
Total contributions received or receivable from employer(s)	2012-12-31	$131,364
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$1,317
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$202,665
Expenses. Total of all expenses incurred	2011-12-31	$266,528
Benefits paid (including direct rollovers)	2011-12-31	$249,972
Total plan assets at end of year	2011-12-31	$3,495,834
Total plan assets at beginning of year	2011-12-31	$3,558,380
Value of fidelity bond covering the plan	2011-12-31	$300,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$16,556
Other income received	2011-12-31	$74,372
Net income (gross income less expenses)	2011-12-31	$-63,863
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$3,494,517
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,558,380
Assets. Value of participant loans	2011-12-31	$15,667
Total contributions received or receivable from employer(s)	2011-12-31	$128,293
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$3,668
Total income from all sources	2010-12-31	$324,548
Expenses. Total of all expenses incurred	2010-12-31	$85,161
Benefits paid (including direct rollovers)	2010-12-31	$70,183
Total plan assets at end of year	2010-12-31	$3,558,380
Total plan assets at beginning of year	2010-12-31	$3,322,661
Value of fidelity bond covering the plan	2010-12-31	$300,000
Expenses. Other expenses not covered elsewhere	2010-12-31	$14,978
Other income received	2010-12-31	$186,144
Net income (gross income less expenses)	2010-12-31	$239,387
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,558,380
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$3,318,993
Assets. Value of participant loans	2010-12-31	$17,654
Total contributions received or receivable from employer(s)	2010-12-31	$138,404
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : SUPERIOR ABRASIVES, INC. PROFIT SHARING 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 SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN

2014: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	Yes
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SUPERIOR ABRASIVES, INC. PROFIT SHARING 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
2010: SUPERIOR ABRASIVES, INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SUPERIOR ABRASIVES, INC. PROFIT SHARING 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:	SUPERIOR ABRASIVES INC
Employer identification number (EIN):	310860915
NAIC Classification:	339900