401k Plan data: THE HI-POINT, INC. RETIREMENT PLAN plan

THE HI-POINT, INC. RETIREMENT PLAN 401k Plan overview

Plan Name	THE HI-POINT, INC. RETIREMENT PLAN
Plan identification number	001

THE HI-POINT, INC. RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

HI-POINT, INC. has sponsored the creation of one or more 401k plans.

Company Name: HI-POINT, INC.

Employer identification number (EIN): 710973480

NAIC Classification: 561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HI-POINT, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 NICK OLSEN
001 2011-01-01 NICK OLSEN
001 2010-01-01 NICK OLSEN
001 2009-01-01 NICK OLSEN

Plan id#	Filing Submission Date	Name of Administrator
001	2012-01-01	NICK OLSEN
001	2011-01-01	NICK OLSEN
001	2010-01-01	NICK OLSEN
001	2009-01-01	NICK OLSEN

Plan Statistics for THE HI-POINT, INC. RETIREMENT PLAN

401k plan membership statisitcs for THE HI-POINT, INC. RETIREMENT PLAN

Measure Date Value
2012: THE HI-POINT, INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 3
Number of other retired or separated participants entitled to future benefits 2012-01-01 3
Total of all active and inactive participants 2012-01-01 6
Total participants 2012-01-01 6
Number of participants with account balances 2012-01-01 6
2011: THE HI-POINT, INC. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 3
Number of other retired or separated participants entitled to future benefits 2011-01-01 3
Total of all active and inactive participants 2011-01-01 6
Total participants 2011-01-01 6
Number of participants with account balances 2011-01-01 6
2010: THE HI-POINT, INC. RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 4
Number of retired or separated participants receiving benefits 2010-01-01 2
Total of all active and inactive participants 2010-01-01 6
Total participants 2010-01-01 6
Number of participants with account balances 2010-01-01 6
2009: THE HI-POINT, INC. RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 6
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 7
Total participants 2009-01-01 7
Number of participants with account balances 2009-01-01 7

Measure	Date	Value
2012: THE HI-POINT, INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	3
Number of other retired or separated participants entitled to future benefits	2012-01-01	3
Total of all active and inactive participants	2012-01-01	6
Total participants	2012-01-01	6
Number of participants with account balances	2012-01-01	6
2011: THE HI-POINT, INC. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	3
Number of other retired or separated participants entitled to future benefits	2011-01-01	3
Total of all active and inactive participants	2011-01-01	6
Total participants	2011-01-01	6
Number of participants with account balances	2011-01-01	6
2010: THE HI-POINT, INC. RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	4
Number of retired or separated participants receiving benefits	2010-01-01	2
Total of all active and inactive participants	2010-01-01	6
Total participants	2010-01-01	6
Number of participants with account balances	2010-01-01	6
2009: THE HI-POINT, INC. RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	6
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	7
Total participants	2009-01-01	7
Number of participants with account balances	2009-01-01	7

Financial Data on THE HI-POINT, INC. RETIREMENT PLAN

Measure	Date	Value
2012 : THE HI-POINT, INC. RETIREMENT PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$3,339
Total plan assets at end of year	2012-12-31	$39,994
Total plan assets at beginning of year	2012-12-31	$36,655
Value of fidelity bond covering the plan	2012-12-31	$25,000
Total contributions received or receivable from participants	2012-12-31	$2,112
Other income received	2012-12-31	$1,227
Net income (gross income less expenses)	2012-12-31	$3,339
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$39,994
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$36,655
2011 : THE HI-POINT, INC. RETIREMENT PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$31
Expenses. Total of all expenses incurred	2011-12-31	$9,650
Benefits paid (including direct rollovers)	2011-12-31	$9,650
Total plan assets at end of year	2011-12-31	$36,655
Total plan assets at beginning of year	2011-12-31	$46,274
Value of fidelity bond covering the plan	2011-12-31	$25,000
Total contributions received or receivable from participants	2011-12-31	$2,112
Other income received	2011-12-31	$-2,081
Net income (gross income less expenses)	2011-12-31	$-9,619
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$36,655
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$46,274
2010 : THE HI-POINT, INC. RETIREMENT PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$19,357
Expenses. Total of all expenses incurred	2010-12-31	$150,016
Benefits paid (including direct rollovers)	2010-12-31	$150,016
Total plan assets at end of year	2010-12-31	$46,274
Total plan assets at beginning of year	2010-12-31	$176,933
Value of fidelity bond covering the plan	2010-12-31	$25,000
Total contributions received or receivable from participants	2010-12-31	$12,605
Other income received	2010-12-31	$254
Net income (gross income less expenses)	2010-12-31	$-130,659
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$46,274
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$176,933
Total contributions received or receivable from employer(s)	2010-12-31	$6,498

Form 5500 Responses for THE HI-POINT, INC. RETIREMENT PLAN

2012: THE HI-POINT, INC. RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Mulitple employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: THE HI-POINT, INC. RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Mulitple employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: THE HI-POINT, INC. RETIREMENT PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Mulitple employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: THE HI-POINT, INC. RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Mulitple employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	HI-POINT, INC.
Employer identification number (EIN):	710973480
NAIC Classification:	561300