401k Plan data: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN plan

WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 401k Plan overview

Plan Name	WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN
Plan identification number	001

WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	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.

401k Sponsoring company profile

WESTERN RESERVE ENERGY CORP. has sponsored the creation of one or more 401k plans.

Company Name: WESTERN RESERVE ENERGY CORP.

Employer identification number (EIN): 341212025

NAIC Classification: 423700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-09-01 PAUL H. MALESICK, ESQ 2017-03-14 PAUL H. MALESICK, ESQ. 2017-03-14
001 2015-09-01 PAUL H. MALESICK ESQ 2017-03-14 PAUL H. MALESICK, ESQ. 2017-03-14
001 2014-09-01 SCOTT T. CAMPBELL
001 2013-09-01 SCOTT T. CAMPBELL
001 2012-09-01 SCOTT T. CAMPBELL
001 2011-09-01 SCOTT T. CAMPBELL
001 2010-09-01 SCOTT T. CAMPBELL
001 2009-09-01 SCOTT T CAMPBELL
001 2008-09-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-09-01	PAUL H. MALESICK, ESQ	2017-03-14	PAUL H. MALESICK, ESQ.	2017-03-14
001	2015-09-01	PAUL H. MALESICK ESQ	2017-03-14	PAUL H. MALESICK, ESQ.	2017-03-14
001	2014-09-01	SCOTT T. CAMPBELL
001	2013-09-01	SCOTT T. CAMPBELL
001	2012-09-01	SCOTT T. CAMPBELL
001	2011-09-01	SCOTT T. CAMPBELL
001	2010-09-01	SCOTT T. CAMPBELL
001	2009-09-01	SCOTT T CAMPBELL
001	2008-09-01

Plan Statistics for WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN

401k plan membership statisitcs for WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN

Measure Date Value
2018: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2018 401k membership
Market value of plan assets 2018-12-31 0
Acturial value of plan assets 2018-12-31 0
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 0
Fundng target for terminated vested participants 2018-12-31 0
Active participant vested funding target 2018-12-31 0
Number of active participants 2018-12-31 4
Total funding liabilities for active participants 2018-12-31 0
Total participant count 2018-12-31 4
Total funding target for all participants 2018-12-31 0
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 154,169
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 151,037
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 150,446
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 150,446
Additional cash requirement 2018-12-31 150,446
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 151,037
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2014: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-09-01 3
Total number of active participants reported on line 7a of the Form 5500 2014-09-01 3
Number of retired or separated participants receiving benefits 2014-09-01 0
Number of other retired or separated participants entitled to future benefits 2014-09-01 0
Total of all active and inactive participants 2014-09-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-09-01 0
Total participants 2014-09-01 3
Number of participants with account balances 2014-09-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-09-01 0
2013: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-09-01 4
Total number of active participants reported on line 7a of the Form 5500 2013-09-01 3
Number of retired or separated participants receiving benefits 2013-09-01 0
Number of other retired or separated participants entitled to future benefits 2013-09-01 0
Total of all active and inactive participants 2013-09-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-09-01 0
Total participants 2013-09-01 3
Number of participants with account balances 2013-09-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-09-01 0
2012: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-09-01 3
Total number of active participants reported on line 7a of the Form 5500 2012-09-01 4
Number of retired or separated participants receiving benefits 2012-09-01 0
Number of other retired or separated participants entitled to future benefits 2012-09-01 0
Total of all active and inactive participants 2012-09-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-09-01 0
Total participants 2012-09-01 4
Number of participants with account balances 2012-09-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-09-01 0
2011: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-09-01 3
Total number of active participants reported on line 7a of the Form 5500 2011-09-01 3
Number of retired or separated participants receiving benefits 2011-09-01 0
Number of other retired or separated participants entitled to future benefits 2011-09-01 0
Total of all active and inactive participants 2011-09-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-09-01 0
Total participants 2011-09-01 3
Number of participants with account balances 2011-09-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-09-01 0
2010: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-09-01 3
Total number of active participants reported on line 7a of the Form 5500 2010-09-01 3
Number of retired or separated participants receiving benefits 2010-09-01 0
Number of other retired or separated participants entitled to future benefits 2010-09-01 0
Total of all active and inactive participants 2010-09-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-09-01 0
Total participants 2010-09-01 3
Number of participants with account balances 2010-09-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-09-01 0
2009: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-09-01 3
Total number of active participants reported on line 7a of the Form 5500 2009-09-01 3
Number of retired or separated participants receiving benefits 2009-09-01 0
Number of other retired or separated participants entitled to future benefits 2009-09-01 0
Total of all active and inactive participants 2009-09-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-09-01 0
Total participants 2009-09-01 3
Number of participants with account balances 2009-09-01 1

Measure	Date	Value
2018: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2018 401k membership
Market value of plan assets	2018-12-31	0
Acturial value of plan assets	2018-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	0
Number of active participants	2018-12-31	4
Total funding liabilities for active participants	2018-12-31	0
Total participant count	2018-12-31	4
Total funding target for all participants	2018-12-31	0
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	154,169
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	151,037
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	150,446
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	150,446
Additional cash requirement	2018-12-31	150,446
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	151,037
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2014: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-09-01	3
Total number of active participants reported on line 7a of the Form 5500	2014-09-01	3
Number of retired or separated participants receiving benefits	2014-09-01	0
Number of other retired or separated participants entitled to future benefits	2014-09-01	0
Total of all active and inactive participants	2014-09-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-09-01	0
Total participants	2014-09-01	3
Number of participants with account balances	2014-09-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-09-01	0
2013: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-09-01	4
Total number of active participants reported on line 7a of the Form 5500	2013-09-01	3
Number of retired or separated participants receiving benefits	2013-09-01	0
Number of other retired or separated participants entitled to future benefits	2013-09-01	0
Total of all active and inactive participants	2013-09-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-09-01	0
Total participants	2013-09-01	3
Number of participants with account balances	2013-09-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-09-01	0
2012: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-09-01	3
Total number of active participants reported on line 7a of the Form 5500	2012-09-01	4
Number of retired or separated participants receiving benefits	2012-09-01	0
Number of other retired or separated participants entitled to future benefits	2012-09-01	0
Total of all active and inactive participants	2012-09-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-09-01	0
Total participants	2012-09-01	4
Number of participants with account balances	2012-09-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-09-01	0
2011: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-09-01	3
Total number of active participants reported on line 7a of the Form 5500	2011-09-01	3
Number of retired or separated participants receiving benefits	2011-09-01	0
Number of other retired or separated participants entitled to future benefits	2011-09-01	0
Total of all active and inactive participants	2011-09-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-09-01	0
Total participants	2011-09-01	3
Number of participants with account balances	2011-09-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-09-01	0
2010: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-09-01	3
Total number of active participants reported on line 7a of the Form 5500	2010-09-01	3
Number of retired or separated participants receiving benefits	2010-09-01	0
Number of other retired or separated participants entitled to future benefits	2010-09-01	0
Total of all active and inactive participants	2010-09-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-09-01	0
Total participants	2010-09-01	3
Number of participants with account balances	2010-09-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-09-01	0
2009: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-09-01	3
Total number of active participants reported on line 7a of the Form 5500	2009-09-01	3
Number of retired or separated participants receiving benefits	2009-09-01	0
Number of other retired or separated participants entitled to future benefits	2009-09-01	0
Total of all active and inactive participants	2009-09-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-09-01	0
Total participants	2009-09-01	3
Number of participants with account balances	2009-09-01	1

Financial Data on WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN

Measure	Date	Value
2018 : WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$154,169
Total plan assets at end of year	2018-12-31	$154,169
Total plan assets at beginning of year	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$154,169
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$154,169
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Total contributions received or receivable from employer(s)	2018-12-31	$154,169
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2015 : WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-08-31	$-19,464
Expenses. Total of all expenses incurred	2015-08-31	$674
Total plan assets at end of year	2015-08-31	$447,174
Total plan assets at beginning of year	2015-08-31	$467,312
Value of fidelity bond covering the plan	2015-08-31	$65,000
Assets. Value of loans (other than to participants)	2015-08-31	$252,115
Expenses. Other expenses not covered elsewhere	2015-08-31	$674
Other income received	2015-08-31	$-19,464
Net income (gross income less expenses)	2015-08-31	$-20,138
Net plan assets at end of year (total assets less liabilities)	2015-08-31	$447,174
Net plan assets at beginning of year (total assets less liabilities)	2015-08-31	$467,312
Assets. Value of participant loans	2015-08-31	$103,147
2014 : WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-08-31	$27,538
Expenses. Total of all expenses incurred	2014-08-31	$650
Total plan assets at end of year	2014-08-31	$467,312
Total plan assets at beginning of year	2014-08-31	$440,424
Value of fidelity bond covering the plan	2014-08-31	$65,000
Assets. Value of loans (other than to participants)	2014-08-31	$252,115
Expenses. Other expenses not covered elsewhere	2014-08-31	$650
Other income received	2014-08-31	$27,538
Net income (gross income less expenses)	2014-08-31	$26,888
Net plan assets at end of year (total assets less liabilities)	2014-08-31	$467,312
Net plan assets at beginning of year (total assets less liabilities)	2014-08-31	$440,424
Assets. Value of participant loans	2014-08-31	$103,147
2013 : WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-08-31	$25,382
Expenses. Total of all expenses incurred	2013-08-31	$587
Total plan assets at end of year	2013-08-31	$440,424
Total plan assets at beginning of year	2013-08-31	$415,629
Value of fidelity bond covering the plan	2013-08-31	$60,000
Assets. Value of loans (other than to participants)	2013-08-31	$236,995
Expenses. Other expenses not covered elsewhere	2013-08-31	$587
Other income received	2013-08-31	$25,382
Net income (gross income less expenses)	2013-08-31	$24,795
Net plan assets at end of year (total assets less liabilities)	2013-08-31	$440,424
Net plan assets at beginning of year (total assets less liabilities)	2013-08-31	$415,629
Assets. Value of participant loans	2013-08-31	$97,858
2012 : WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-08-31	$25,522
Expenses. Total of all expenses incurred	2012-08-31	$543
Total plan assets at end of year	2012-08-31	$415,629
Total plan assets at beginning of year	2012-08-31	$390,650
Value of fidelity bond covering the plan	2012-08-31	$60,000
Assets. Value of loans (other than to participants)	2012-08-31	$221,875
Expenses. Other expenses not covered elsewhere	2012-08-31	$543
Other income received	2012-08-31	$25,522
Net income (gross income less expenses)	2012-08-31	$24,979
Net plan assets at end of year (total assets less liabilities)	2012-08-31	$415,629
Net plan assets at beginning of year (total assets less liabilities)	2012-08-31	$390,650
Assets. Value of participant loans	2012-08-31	$92,568
2011 : WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-08-31	$22,767
Expenses. Total of all expenses incurred	2011-08-31	$603
Total plan assets at end of year	2011-08-31	$390,650
Total plan assets at beginning of year	2011-08-31	$368,486
Value of fidelity bond covering the plan	2011-08-31	$60,000
Assets. Value of loans (other than to participants)	2011-08-31	$206,756
Expenses. Other expenses not covered elsewhere	2011-08-31	$49
Other income received	2011-08-31	$22,767
Net income (gross income less expenses)	2011-08-31	$22,164
Net plan assets at end of year (total assets less liabilities)	2011-08-31	$390,650
Net plan assets at beginning of year (total assets less liabilities)	2011-08-31	$368,486
Assets. Value of participant loans	2011-08-31	$87,278
Expenses. Administrative service providers (salaries,fees and commissions)	2011-08-31	$554

Form 5500 Responses for WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN

2014: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2014 form 5500 responses
2014-09-01	Type of plan entity	Single employer plan
2014-09-01	Plan funding arrangement – Trust	Yes
2014-09-01	Plan benefit arrangement - Trust	Yes
2013: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2013 form 5500 responses
2013-09-01	Type of plan entity	Single employer plan
2013-09-01	Plan funding arrangement – Trust	Yes
2013-09-01	Plan benefit arrangement - Trust	Yes
2012: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2012 form 5500 responses
2012-09-01	Type of plan entity	Single employer plan
2012-09-01	Plan funding arrangement – Trust	Yes
2012-09-01	Plan benefit arrangement - Trust	Yes
2011: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2011 form 5500 responses
2011-09-01	Type of plan entity	Single employer plan
2011-09-01	Plan funding arrangement – Trust	Yes
2011-09-01	Plan benefit arrangement - Trust	Yes
2010: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2010 form 5500 responses
2010-09-01	Type of plan entity	Single employer plan
2010-09-01	Plan funding arrangement – Trust	Yes
2010-09-01	Plan benefit arrangement - Trust	Yes
2009: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2009 form 5500 responses
2009-09-01	Type of plan entity	Single employer plan
2009-09-01	Plan funding arrangement – Trust	Yes
2009-09-01	Plan benefit arrangement - Trust	Yes
2008: WESTERN RESERVE ENERGY CORP. PROFIT SHARING PLAN 2008 form 5500 responses
2008-09-01	Type of plan entity	Single employer plan
2008-09-01	Submission has been amended	No
2008-09-01	This submission is the final filing	No
2008-09-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-09-01	Plan is a collectively bargained plan	No

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Company Name:	WESTERN RESERVE ENERGY CORP.
Employer identification number (EIN):	341212025
NAIC Classification:	423700