401k Plan data: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST plan

PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST
Plan identification number	001

PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.
Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

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

Company Name: PROSPECTS CORPORATION

Employer identification number (EIN): 043007367

NAIC Classification: 336300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 ANDREA JENSEN ANDREA JENSEN 2013-07-17
001 2009-01-01 ANDREA JENSEN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	ANDREA JENSEN		ANDREA JENSEN	2013-07-17
001	2009-01-01	ANDREA JENSEN

Plan Statistics for PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2011: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Total of all active and inactive participants 2011-01-01 0
Total participants 2011-01-01 0
Number of participants with account balances 2011-01-01 0
2009: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 2
Total of all active and inactive participants 2009-01-01 2
Total participants 2009-01-01 2
Number of participants with account balances 2009-01-01 2

Measure	Date	Value
2011: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Total of all active and inactive participants	2011-01-01	0
Total participants	2011-01-01	0
Number of participants with account balances	2011-01-01	0
2009: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	2
Total of all active and inactive participants	2009-01-01	2
Total participants	2009-01-01	2
Number of participants with account balances	2009-01-01	2

Financial Data on PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2011 : PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total plan assets at end of year	2011-12-31	$10,078
Total plan assets at beginning of year	2011-12-31	$10,078
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$10,078
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$10,078
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	2011-12-31	$0
2010 : PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2010 401k financial data
Total plan assets at end of year	2010-12-31	$10,078
Total plan assets at beginning of year	2010-12-31	$10,078
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$10,078
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$10,078
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0
2009 : PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST

2011: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	Yes
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PROSPECTS CORP 401 (K) PROFIT SHARING PLAN & TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PROSPECTS CORPORATION
Employer identification number (EIN):	043007367
NAIC Classification:	336300