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PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 401k Plan overview

Plan NamePADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Plan identification number 004

PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Stock bonus
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

FRANKLIN CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:FRANKLIN CORPORATION
Employer identification number (EIN):411379540
NAIC Classification:541800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042013-01-01PEGGY HANSON PEGGY HANSON2014-07-24
0042012-01-01TIMOTHY BRIGGS TIMOTHY BRIGGS2013-07-30
0042011-01-01TIMOTHY BRIGGS TIMOTHY BRIGGS2012-09-25
0042009-01-01TIMOTHY BRIGGS TIMOTHY BRIGGS2010-07-30

Plan Statistics for PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

401k plan membership statisitcs for PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Measure Date Value
2013: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0187
Total number of active participants reported on line 7a of the Form 55002013-01-01144
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-0114
Total of all active and inactive participants2013-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01159
Number of participants with account balances2013-01-01159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-016
2012: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01110
Total number of active participants reported on line 7a of the Form 55002012-01-0180
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0183
Number of participants with account balances2012-01-0183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0199
Total number of active participants reported on line 7a of the Form 55002011-01-0188
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0115
Total of all active and inactive participants2011-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01103
Number of participants with account balances2011-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-016
2009: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01117
Total number of active participants reported on line 7a of the Form 55002009-01-0185
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0125
Total of all active and inactive participants2009-01-01110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01110
Number of participants with account balances2009-01-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0111

Financial Data on PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Measure Date Value
2013 : PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$812,605
Total income from all sources2013-12-31$3,091,000
Expenses. Total of all expenses incurred2013-12-31$543,098
Benefits paid (including direct rollovers)2013-12-31$543,068
Total plan assets at end of year2013-12-31$15,126,343
Total plan assets at beginning of year2013-12-31$13,391,046
Value of fidelity bond covering the plan2013-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2013-12-31$30
Other income received2013-12-31$2,499,546
Noncash contributions received2013-12-31$3,040
Net income (gross income less expenses)2013-12-31$2,547,902
Net plan assets at end of year (total assets less liabilities)2013-12-31$15,126,343
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$12,578,441
Assets. Value of employer securities2013-12-31$14,999,783
Total contributions received or receivable from employer(s)2013-12-31$588,414
2012 : PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k financial data
Total plan liabilities at end of year2012-12-31$812,605
Total plan liabilities at beginning of year2012-12-31$1,200,000
Total income from all sources2012-12-31$1,701,691
Expenses. Total of all expenses incurred2012-12-31$3,363,752
Benefits paid (including direct rollovers)2012-12-31$3,363,752
Total plan assets at end of year2012-12-31$13,391,046
Total plan assets at beginning of year2012-12-31$15,440,502
Value of fidelity bond covering the plan2012-12-31$1,000,000
Other income received2012-12-31$1,013,958
Net income (gross income less expenses)2012-12-31$-1,662,061
Net plan assets at end of year (total assets less liabilities)2012-12-31$12,578,441
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$14,240,502
Assets. Value of employer securities2012-12-31$13,300,238
Total contributions received or receivable from employer(s)2012-12-31$687,733
2011 : PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k financial data
Total plan liabilities at end of year2011-12-31$1,200,000
Total plan liabilities at beginning of year2011-12-31$1,481,826
Total income from all sources2011-12-31$2,244,879
Expenses. Total of all expenses incurred2011-12-31$549,720
Benefits paid (including direct rollovers)2011-12-31$549,720
Total plan assets at end of year2011-12-31$15,440,502
Total plan assets at beginning of year2011-12-31$14,027,169
Value of fidelity bond covering the plan2011-12-31$500,000
Other income received2011-12-31$1,381,362
Net income (gross income less expenses)2011-12-31$1,695,159
Net plan assets at end of year (total assets less liabilities)2011-12-31$14,240,502
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$12,545,343
Assets. Value of employer securities2011-12-31$15,399,480
Total contributions received or receivable from employer(s)2011-12-31$863,517
2010 : PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$-75,138
Total plan liabilities at end of year2010-12-31$1,481,826
Total plan liabilities at beginning of year2010-12-31$502,032
Total income from all sources2010-12-31$3,434,868
Expenses. Total of all expenses incurred2010-12-31$1,499,861
Benefits paid (including direct rollovers)2010-12-31$1,499,861
Total plan assets at end of year2010-12-31$14,027,169
Total plan assets at beginning of year2010-12-31$11,187,506
Value of fidelity bond covering the plan2010-12-31$500,000
Other income received2010-12-31$2,803,826
Net income (gross income less expenses)2010-12-31$1,935,007
Net plan assets at end of year (total assets less liabilities)2010-12-31$12,545,343
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$10,685,474
Assets. Value of employer securities2010-12-31$13,899,945
Total contributions received or receivable from employer(s)2010-12-31$631,042

Form 5500 Responses for PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

2013: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: PADILLA SPEER BEARDSLEY INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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