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SIMPLE HR 401K PLAN 401k Plan overview

Plan NameSIMPLE HR 401K PLAN
Plan identification number 333

SIMPLE HR 401K PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

401k Sponsoring company profile

WILL S. LINDSLEY, II has sponsored the creation of one or more 401k plans.

Company Name:WILL S. LINDSLEY, II
Employer identification number (EIN):593603415
NAIC Classification:541214
NAIC Description:Payroll Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIMPLE HR 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332012-01-01WILL S. LINDSLEY, II
3332011-01-01WILL S. LINDSLEY, II
3332010-01-01WILL S. LINDSLEY, II
3332009-01-01WILL S. LINDSLEY, II

Plan Statistics for SIMPLE HR 401K PLAN

401k plan membership statisitcs for SIMPLE HR 401K PLAN

Measure Date Value
2012: SIMPLE HR 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01408
Total number of active participants reported on line 7a of the Form 55002012-01-01354
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01124
Total of all active and inactive participants2012-01-01478
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01478
Number of participants with account balances2012-01-01119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0110
2011: SIMPLE HR 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01426
Total number of active participants reported on line 7a of the Form 55002011-01-01287
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0156
Total of all active and inactive participants2011-01-01343
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01343
Number of participants with account balances2011-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2010: SIMPLE HR 401K PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01510
Total number of active participants reported on line 7a of the Form 55002010-01-01300
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01108
Total of all active and inactive participants2010-01-01408
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01408
Number of participants with account balances2010-01-01231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: SIMPLE HR 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01579
Total number of active participants reported on line 7a of the Form 55002009-01-01358
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01105
Total of all active and inactive participants2009-01-01463
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01463
Number of participants with account balances2009-01-01259
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on SIMPLE HR 401K PLAN

Measure Date Value
2012 : SIMPLE HR 401K PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets to this plan2012-12-31$439,711
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$1,065,208
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$683,034
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$612,742
Value of total corrective distributions2012-12-31$10,513
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$610,916
Value of total assets at end of year2012-12-31$4,628,745
Value of total assets at beginning of year2012-12-31$3,806,860
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$59,779
Total interest from all sources2012-12-31$5,656
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$97,906
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$97,906
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$100,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$433,233
Participant contributions at end of year2012-12-31$118,533
Participant contributions at beginning of year2012-12-31$185,463
Participant contributions at end of year2012-12-31$14,637
Participant contributions at beginning of year2012-12-31$13,884
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$8,396
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,869
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$2,385
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$382,174
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,628,745
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,806,860
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$4,489,667
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,601,093
Interest on participant loans2012-12-31$5,656
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$350,730
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$169,287
Employer contributions (assets) at end of year2012-12-31$4,039
Employer contributions (assets) at beginning of year2012-12-31$4,035
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$612,742
Contract administrator fees2012-12-31$59,779
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31WARREN AVERETT, LLC
Accountancy firm EIN2012-12-31454084437
2011 : SIMPLE HR 401K PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets from this plan2011-12-31$274,452
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$802,088
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$528,348
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$447,147
Value of total corrective distributions2011-12-31$24,605
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$902,138
Value of total assets at end of year2011-12-31$3,806,860
Value of total assets at beginning of year2011-12-31$3,807,572
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$56,596
Total interest from all sources2011-12-31$6,702
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$143,002
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$143,002
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$100,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$457,676
Participant contributions at end of year2011-12-31$185,463
Participant contributions at beginning of year2011-12-31$156,456
Participant contributions at end of year2011-12-31$13,884
Participant contributions at beginning of year2011-12-31$26,004
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$276,612
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$2,385
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$2,126
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$273,740
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,806,860
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,807,572
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$5,446
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,601,093
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,617,551
Interest on participant loans2011-12-31$6,702
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-249,754
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$167,850
Employer contributions (assets) at end of year2011-12-31$4,035
Employer contributions (assets) at beginning of year2011-12-31$5,435
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$447,147
Contract administrator fees2011-12-31$51,150
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31WARREN AVERETT, LLC
Accountancy firm EIN2011-12-31454084437
2010 : SIMPLE HR 401K PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,338,654
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$469,905
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$382,297
Value of total corrective distributions2010-12-31$35,676
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$981,594
Value of total assets at end of year2010-12-31$3,807,572
Value of total assets at beginning of year2010-12-31$2,938,823
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$51,932
Total interest from all sources2010-12-31$4,990
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$69,986
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$69,986
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$100,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$499,468
Participant contributions at end of year2010-12-31$156,456
Participant contributions at beginning of year2010-12-31$114,079
Participant contributions at end of year2010-12-31$26,004
Participant contributions at beginning of year2010-12-31$36,666
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$324,678
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$2,126
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$1,146
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$868,749
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,807,572
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,938,823
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$4,034
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,617,551
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$2,779,927
Interest on participant loans2010-12-31$4,990
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$282,084
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$157,448
Employer contributions (assets) at end of year2010-12-31$5,435
Employer contributions (assets) at beginning of year2010-12-31$7,005
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$382,297
Contract administrator fees2010-12-31$47,898
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31O'SULLIVAN CREEL, LLP
Accountancy firm EIN2010-12-31593068078
2009 : SIMPLE HR 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SIMPLE HR 401K PLAN

2012: SIMPLE HR 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple 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: SIMPLE HR 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulitple 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
2010: SIMPLE HR 401K PLAN 2010 form 5500 responses
2010-01-01Type of plan entityMulitple employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SIMPLE HR 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulitple 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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