401k Plan data: JAM INDUSTRIES USA 401(K) PLAN plan

JAM INDUSTRIES USA 401(K) PLAN 401k Plan overview

Plan Name	JAM INDUSTRIES USA 401(K) PLAN
Plan identification number	002

JAM INDUSTRIES USA 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

JAM INDUSTRIES USA has sponsored the creation of one or more 401k plans.

Company Name: JAM INDUSTRIES USA

Employer identification number (EIN): 331003358

NAIC Classification: 334310
NAIC Description: Audio and Video Equipment Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JAM INDUSTRIES USA 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2014-01-01 2015-10-07
002 2014-01-01 STUART FRENKEL
002 2013-01-01 STUART FRENKEL STUART FRENKEL 2014-10-10
002 2012-01-01 STUART FRENKEL
002 2011-01-01 STUART FRENKEL 2012-07-25

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2014-01-01		2015-10-07
002	2014-01-01	STUART FRENKEL
002	2013-01-01	STUART FRENKEL		STUART FRENKEL	2014-10-10
002	2012-01-01	STUART FRENKEL
002	2011-01-01	STUART FRENKEL	2012-07-25

Plan Statistics for JAM INDUSTRIES USA 401(K) PLAN

401k plan membership statisitcs for JAM INDUSTRIES USA 401(K) PLAN

Measure Date Value
2014: JAM INDUSTRIES USA 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 276
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 210
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 42
Total of all active and inactive participants 2014-01-01 252
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 252
Number of participants with account balances 2014-01-01 114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: JAM INDUSTRIES USA 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 228
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 158
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 66
Total of all active and inactive participants 2013-01-01 224
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 224
Number of participants with account balances 2013-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: JAM INDUSTRIES USA 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 211
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 166
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 62
Total of all active and inactive participants 2012-01-01 228
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 228
Number of participants with account balances 2012-01-01 130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2014: JAM INDUSTRIES USA 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	276
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	210
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	42
Total of all active and inactive participants	2014-01-01	252
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	252
Number of participants with account balances	2014-01-01	114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: JAM INDUSTRIES USA 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	228
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	158
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	66
Total of all active and inactive participants	2013-01-01	224
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	224
Number of participants with account balances	2013-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: JAM INDUSTRIES USA 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	211
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	166
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	62
Total of all active and inactive participants	2012-01-01	228
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	228
Number of participants with account balances	2012-01-01	130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on JAM INDUSTRIES USA 401(K) PLAN

Measure	Date	Value
2014 : JAM INDUSTRIES USA 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total transfer of assets to this plan	2014-12-31	$0
Total transfer of assets from this plan	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$443,328
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$245,318
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$243,858
Value of total corrective distributions	2014-12-31	$560
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$309,309
Value of total assets at end of year	2014-12-31	$3,404,620
Value of total assets at beginning of year	2014-12-31	$3,206,610
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$900
Total interest from all sources	2014-12-31	$4,019
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$96,955
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$96,955
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$321,000
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	$309,309
Participant contributions at end of year	2014-12-31	$73,036
Participant contributions at beginning of year	2014-12-31	$85,315
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$123,675
Assets. Other investments not covered elsewhere at beginning of year	2014-12-31	$83,062
Other income not declared elsewhere	2014-12-31	$-704
Administrative expenses (other) incurred	2014-12-31	$900
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	$198,010
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,404,620
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$3,206,610
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 registered invesment companies (eg mutual funds) at end of year	2014-12-31	$2,174,233
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$2,148,503
Interest on participant loans	2014-12-31	$4,019
Value of interest in common/collective trusts at end of year	2014-12-31	$1,033,676
Value of interest in common/collective trusts at beginning of year	2014-12-31	$889,730
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$469
Net investment gain or loss from common/collective trusts	2014-12-31	$33,280
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$243,858
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	SHANNON & ASSOCIATES, LLP
Accountancy firm EIN	2014-12-31	911125800
2013 : JAM INDUSTRIES USA 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$729,855
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$121,315
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$100,830
Value of total corrective distributions	2013-12-31	$19,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$328,265
Value of total assets at end of year	2013-12-31	$3,206,610
Value of total assets at beginning of year	2013-12-31	$2,598,070
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$875
Total interest from all sources	2013-12-31	$5,931
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$72,270
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$72,270
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$260,000
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	$244,809
Participant contributions at end of year	2013-12-31	$85,315
Participant contributions at beginning of year	2013-12-31	$56,518
Assets. Other investments not covered elsewhere at end of year	2013-12-31	$83,062
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$82,481
Other income not declared elsewhere	2013-12-31	$3,067
Administrative expenses (other) incurred	2013-12-31	$875
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	$608,540
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$3,206,610
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$2,598,070
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 registered invesment companies (eg mutual funds) at end of year	2013-12-31	$2,148,503
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$1,638,446
Interest on participant loans	2013-12-31	$5,931
Value of interest in common/collective trusts at end of year	2013-12-31	$889,730
Value of interest in common/collective trusts at beginning of year	2013-12-31	$903,106
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$265,957
Net investment gain or loss from common/collective trusts	2013-12-31	$54,365
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
Contributions received in cash from employer	2013-12-31	$975
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$100,830
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	SHANNON & ASSOCIATES, LLP
Accountancy firm EIN	2013-12-31	911125800
2012 : JAM INDUSTRIES USA 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$449,601
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$354,526
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$328,609
Expenses. Certain deemed distributions of participant loans	2012-12-31	$244
Value of total corrective distributions	2012-12-31	$24,448
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$222,152
Value of total assets at end of year	2012-12-31	$2,598,070
Value of total assets at beginning of year	2012-12-31	$2,502,995
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$1,225
Total interest from all sources	2012-12-31	$3,157
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$40,482
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$40,482
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$251,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$222,152
Participant contributions at end of year	2012-12-31	$56,518
Participant contributions at beginning of year	2012-12-31	$53,502
Administrative expenses (other) incurred	2012-12-31	$1,225
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$95,075
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$2,598,070
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$2,502,995
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$1,638,446
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$1,212,468
Interest on participant loans	2012-12-31	$3,157
Value of interest in common/collective trusts at end of year	2012-12-31	$903,106
Value of interest in common/collective trusts at beginning of year	2012-12-31	$1,237,025
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$146,250
Net investment gain or loss from common/collective trusts	2012-12-31	$37,560
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$328,609
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	SHANNON & ASSOCIATES, LLP
Accountancy firm EIN	2012-12-31	911125800

Form 5500 Responses for JAM INDUSTRIES USA 401(K) PLAN

2014: JAM INDUSTRIES USA 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
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: JAM INDUSTRIES USA 401(K) 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: JAM INDUSTRIES USA 401(K) 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

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Company Name:	JAM INDUSTRIES USA
Employer identification number (EIN):	331003358
NAIC Classification:	334310
NAIC Description:	Audio and Video Equipment Manufacturing