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FRIENDSHIP MANOR RETIREMENT PLAN 401k Plan overview

Plan NameFRIENDSHIP MANOR RETIREMENT PLAN
Plan identification number 002

FRIENDSHIP MANOR RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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(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.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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.

401k Sponsoring company profile

RURAL EDUCATIONAL ASSOCIATION OF KY DBA FRIENDSHIP MANOR NURSING HOME has sponsored the creation of one or more 401k plans.

Company Name:RURAL EDUCATIONAL ASSOCIATION OF KY DBA FRIENDSHIP MANOR NURSING HOME
Employer identification number (EIN):610447252
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRIENDSHIP MANOR RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-01-01
0022012-01-01ROBERT YOUNG
0022011-01-01LESLIE BUTTERFIELD
0022009-01-01LESLIE BUTTERFIELD

Plan Statistics for FRIENDSHIP MANOR RETIREMENT PLAN

401k plan membership statisitcs for FRIENDSHIP MANOR RETIREMENT PLAN

Measure Date Value
2013: FRIENDSHIP MANOR RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01210
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FRIENDSHIP MANOR RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01232
Total number of active participants reported on line 7a of the Form 55002012-01-01166
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0144
Total of all active and inactive participants2012-01-01210
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01210
Number of participants with account balances2012-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: FRIENDSHIP MANOR RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01232
Total number of active participants reported on line 7a of the Form 55002011-01-01195
Number of other retired or separated participants entitled to future benefits2011-01-0137
Total of all active and inactive participants2011-01-01232
Total participants2011-01-01232
Number of participants with account balances2011-01-01133
2009: FRIENDSHIP MANOR RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01218
Total number of active participants reported on line 7a of the Form 55002009-01-01235
Number of other retired or separated participants entitled to future benefits2009-01-0129
Total of all active and inactive participants2009-01-01264
Total participants2009-01-01264
Number of participants with account balances2009-01-01113

Financial Data on FRIENDSHIP MANOR RETIREMENT PLAN

Measure Date Value
2013 : FRIENDSHIP MANOR RETIREMENT PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$378,043
Total of all expenses incurred2013-12-31$1,995,997
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,988,662
Expenses. Certain deemed distributions of participant loans2013-12-31$5,285
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$180,010
Value of total assets at end of year2013-12-31$0
Value of total assets at beginning of year2013-12-31$1,617,954
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$2,050
Total interest from all sources2013-12-31$1,975
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$139,022
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$27,320
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$5,513
Other income not declared elsewhere2013-12-31$27,450
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-1,617,954
Value of net assets at end of year (total assets less liabilities)2013-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,617,954
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$930,174
Interest on participant loans2013-12-31$1,975
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$652,690
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$168,608
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$40,988
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$2,257
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,988,662
Contract administrator fees2013-12-31$2,050
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31DEMING MALONE LIVESAY & OSTROFF CPA
Accountancy firm EIN2013-12-31611064249
2012 : FRIENDSHIP MANOR RETIREMENT PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$353,780
Total of all expenses incurred2012-12-31$163,851
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$148,198
Expenses. Certain deemed distributions of participant loans2012-12-31$13,001
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$221,366
Value of total assets at end of year2012-12-31$1,617,954
Value of total assets at beginning of year2012-12-31$1,428,025
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,652
Total interest from all sources2012-12-31$1,967
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$150,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$162,941
Participant contributions at end of year2012-12-31$27,320
Participant contributions at beginning of year2012-12-31$38,608
Participant contributions at end of year2012-12-31$5,513
Participant contributions at beginning of year2012-12-31$7,117
Other income not declared elsewhere2012-12-31$24,963
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$189,929
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,617,954
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,428,025
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$930,174
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$747,139
Interest on participant loans2012-12-31$1,967
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$652,690
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$632,694
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$105,484
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 contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$58,425
Employer contributions (assets) at end of year2012-12-31$2,257
Employer contributions (assets) at beginning of year2012-12-31$2,467
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$148,198
Contract administrator fees2012-12-31$2,652
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)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31DEMING MALONE LIVESAY & OSTROFF CPA
Accountancy firm EIN2012-12-31611064249
2011 : FRIENDSHIP MANOR RETIREMENT PLAN 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$322,476
Total of all expenses incurred2011-12-31$29,369
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$22,607
Expenses. Certain deemed distributions of participant loans2011-12-31$4,462
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$355,650
Value of total assets at end of year2011-12-31$1,428,025
Value of total assets at beginning of year2011-12-31$1,134,918
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,300
Total interest from all sources2011-12-31$2,364
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$150,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$196,999
Participant contributions at end of year2011-12-31$38,608
Participant contributions at beginning of year2011-12-31$26,287
Participant contributions at end of year2011-12-31$7,117
Participant contributions at beginning of year2011-12-31$590
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$90,700
Other income not declared elsewhere2011-12-31$16,603
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$293,107
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,428,025
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,134,918
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$747,139
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$671,383
Interest on participant loans2011-12-31$2,364
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$632,694
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$436,638
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-52,141
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 contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$67,951
Employer contributions (assets) at end of year2011-12-31$2,467
Employer contributions (assets) at beginning of year2011-12-31$20
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$22,607
Contract administrator fees2011-12-31$2,300
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)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31DEMING MALONE LIVESAY & OSTROFF CPA
Accountancy firm EIN2011-12-31611064249
2010 : FRIENDSHIP MANOR RETIREMENT PLAN 2010 401k financial data
Total income from all sources (including contributions)2010-12-31$332,319
Total of all expenses incurred2010-12-31$103,521
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$87,248
Expenses. Certain deemed distributions of participant loans2010-12-31$14,193
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$253,780
Value of total assets at end of year2010-12-31$1,134,918
Value of total assets at beginning of year2010-12-31$906,120
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,080
Total interest from all sources2010-12-31$750
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
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
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$186,732
Participant contributions at end of year2010-12-31$26,287
Participant contributions at beginning of year2010-12-31$22,194
Participant contributions at end of year2010-12-31$590
Participant contributions at beginning of year2010-12-31$889
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$4,747
Other income not declared elsewhere2010-12-31$10,714
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$228,798
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,134,918
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$906,120
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$671,383
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$467,812
Interest on participant loans2010-12-31$750
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$436,638
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$414,943
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$67,075
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 contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$62,301
Employer contributions (assets) at end of year2010-12-31$20
Employer contributions (assets) at beginning of year2010-12-31$282
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$87,248
Contract administrator fees2010-12-31$2,080
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)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31DEMING MALONE LIVESAY & OSTROFF CPA
Accountancy firm EIN2010-12-31611064249

Form 5500 Responses for FRIENDSHIP MANOR RETIREMENT PLAN

2013: FRIENDSHIP MANOR RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01This submission is the final filingYes
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: FRIENDSHIP MANOR RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: FRIENDSHIP MANOR RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: FRIENDSHIP MANOR RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

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