401k Plan data: NC 02 INC. PENSION PLAN plan

NC 02 INC. PENSION PLAN 401k Plan overview

Plan Name	NC 02 INC. PENSION PLAN
Plan identification number	001

NC 02 INC. PENSION PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021). Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NC O2 INC. has sponsored the creation of one or more 401k plans.

Company Name: NC O2 INC.

Employer identification number (EIN): 133739750

NAIC Classification: 315240
NAIC Description: Women's, Girls', and Infants' Cut and Sew Apparel Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NC 02 INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 NELLY CASTANEDA NELLY CASTANEDA 2017-06-02
001 2015-01-01 NELLY CASTANEDA 2016-10-10 NELLY CASTANEDA 2016-10-10
001 2014-01-01 NELLY CASTANEDA 2015-10-14 NELLY CASTANEDA 2015-10-14
001 2013-01-01 ELLEN LIPKIN 2014-10-07 ELLEN LIPKIN 2014-10-07
001 2012-01-01 NELLY CASTANEDA 2013-09-26 NELLY CASTANEDA 2013-09-26
001 2011-01-01 NELLY CASTANEDA 2012-10-01 NELLY CASTANEDA 2012-10-01
001 2010-01-01 NELLY CASTANEDA 2011-10-06 NELLY CASTANEDA 2011-10-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	NELLY CASTANEDA		NELLY CASTANEDA	2017-06-02
001	2015-01-01	NELLY CASTANEDA	2016-10-10	NELLY CASTANEDA	2016-10-10
001	2014-01-01	NELLY CASTANEDA	2015-10-14	NELLY CASTANEDA	2015-10-14
001	2013-01-01	ELLEN LIPKIN	2014-10-07	ELLEN LIPKIN	2014-10-07
001	2012-01-01	NELLY CASTANEDA	2013-09-26	NELLY CASTANEDA	2013-09-26
001	2011-01-01	NELLY CASTANEDA	2012-10-01	NELLY CASTANEDA	2012-10-01
001	2010-01-01	NELLY CASTANEDA	2011-10-06	NELLY CASTANEDA	2011-10-06

Plan Statistics for NC 02 INC. PENSION PLAN

401k plan membership statisitcs for NC 02 INC. PENSION PLAN

Measure Date Value
2016: NC 02 INC. PENSION PLAN 2016 401k membership
Market value of plan assets 2016-11-08 974,895
Acturial value of plan assets 2016-11-08 974,895
Funding target for retired participants and beneficiaries receiving payment 2016-11-08 0
Number of terminated vested participants 2016-11-08 7
Fundng target for terminated vested participants 2016-11-08 29,556
Active participant vested funding target 2016-11-08 907,453
Number of active participants 2016-11-08 3
Total funding liabilities for active participants 2016-11-08 907,453
Total participant count 2016-11-08 10
Total funding target for all participants 2016-11-08 937,009
Balance at beginning of prior year after applicable adjustments 2016-11-08 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-11-08 206,865
Carryover balanced portion elected for use to offset prior years funding requirement 2016-11-08 0
Prefunding balanced used to offset prior years funding requirement 2016-11-08 26,923
Amount remaining of carryover balance 2016-11-08 0
Amount remaining of prefunding balance 2016-11-08 179,942
Present value of excess contributions 2016-11-08 516
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-11-08 494
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-11-08 494
Reductions in caryover balances due to elections or deemed elections 2016-11-08 0
Reductions in prefunding balances due to elections or deemed elections 2016-11-08 0
Balance of carryovers at beginning of current year 2016-11-08 0
Balance of prefunding at beginning of current year 2016-11-08 172,770
Contributions allocated toward unpaid minimum require contributions from prior years 2016-11-08 0
Contributions made to avoid restrictions adjusted to valuation date 2016-11-08 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-11-08 0
Liquidity shortfalls end of Q1 2016-11-08 0
Liquidity shortfalls end of Q2 2016-11-08 0
Liquidity shortfalls end of Q3 2016-11-08 0
Liquidity shortfalls end of Q4 2016-11-08 0
Unpaid minimum required contributions for all prior years 2016-11-08 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-11-08 0
Remaining amount of unpaid minimum required contributions 2016-11-08 0
Minimum required contributions for current year target normal cost 2016-11-08 0
Net shortfall amortization installment of oustanding balance 2016-11-08 134,884
Waiver amortization installment 2016-11-08 0
Waived amount of outstanding balance 2016-11-08 0
Total funding amount beforereflecting carryover/prefunding balances 2016-11-08 25,177
Carryover balance elected to use to offset funding requirement 2016-11-08 0
Prefunding balance elected to use to offset funding requirement 2016-11-08 25,177
Additional cash requirement 2016-11-08 0
Contributions allocatedtoward minimum required contributions for current year 2016-11-08 0
Unpaid minimum required contributions for current year 2016-11-08 0
Unpaid minimum required contributions for all years 2016-11-08 0
Total participants, beginning-of-year 2016-01-01 10
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2016: NC 02 INC. PENSION PLAN 2016 401k membership
Market value of plan assets	2016-11-08	974,895
Acturial value of plan assets	2016-11-08	974,895
Funding target for retired participants and beneficiaries receiving payment	2016-11-08	0
Number of terminated vested participants	2016-11-08	7
Fundng target for terminated vested participants	2016-11-08	29,556
Active participant vested funding target	2016-11-08	907,453
Number of active participants	2016-11-08	3
Total funding liabilities for active participants	2016-11-08	907,453
Total participant count	2016-11-08	10
Total funding target for all participants	2016-11-08	937,009
Balance at beginning of prior year after applicable adjustments	2016-11-08	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-11-08	206,865
Carryover balanced portion elected for use to offset prior years funding requirement	2016-11-08	0
Prefunding balanced used to offset prior years funding requirement	2016-11-08	26,923
Amount remaining of carryover balance	2016-11-08	0
Amount remaining of prefunding balance	2016-11-08	179,942
Present value of excess contributions	2016-11-08	516
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-11-08	494
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-11-08	494
Reductions in caryover balances due to elections or deemed elections	2016-11-08	0
Reductions in prefunding balances due to elections or deemed elections	2016-11-08	0
Balance of carryovers at beginning of current year	2016-11-08	0
Balance of prefunding at beginning of current year	2016-11-08	172,770
Contributions allocated toward unpaid minimum require contributions from prior years	2016-11-08	0
Contributions made to avoid restrictions adjusted to valuation date	2016-11-08	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-11-08	0
Liquidity shortfalls end of Q1	2016-11-08	0
Liquidity shortfalls end of Q2	2016-11-08	0
Liquidity shortfalls end of Q3	2016-11-08	0
Liquidity shortfalls end of Q4	2016-11-08	0
Unpaid minimum required contributions for all prior years	2016-11-08	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-11-08	0
Remaining amount of unpaid minimum required contributions	2016-11-08	0
Minimum required contributions for current year target normal cost	2016-11-08	0
Net shortfall amortization installment of oustanding balance	2016-11-08	134,884
Waiver amortization installment	2016-11-08	0
Waived amount of outstanding balance	2016-11-08	0
Total funding amount beforereflecting carryover/prefunding balances	2016-11-08	25,177
Carryover balance elected to use to offset funding requirement	2016-11-08	0
Prefunding balance elected to use to offset funding requirement	2016-11-08	25,177
Additional cash requirement	2016-11-08	0
Contributions allocatedtoward minimum required contributions for current year	2016-11-08	0
Unpaid minimum required contributions for current year	2016-11-08	0
Unpaid minimum required contributions for all years	2016-11-08	0
Total participants, beginning-of-year	2016-01-01	10
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on NC 02 INC. PENSION PLAN

Measure	Date	Value
2016 : NC 02 INC. PENSION PLAN 2016 401k financial data
Transfers to/from the plan	2016-11-08	$0
Total plan liabilities at end of year	2016-11-08	$0
Total plan liabilities at beginning of year	2016-11-08	$0
Total income from all sources	2016-11-08	$-9,225
Expenses. Total of all expenses incurred	2016-11-08	$965,670
Benefits paid (including direct rollovers)	2016-11-08	$965,670
Total plan assets at end of year	2016-11-08	$0
Total plan assets at beginning of year	2016-11-08	$974,895
Value of fidelity bond covering the plan	2016-11-08	$150,000
Total contributions received or receivable from participants	2016-11-08	$0
Expenses. Other expenses not covered elsewhere	2016-11-08	$0
Contributions received from other sources (not participants or employers)	2016-11-08	$0
Other income received	2016-11-08	$-9,225
Noncash contributions received	2016-11-08	$0
Net income (gross income less expenses)	2016-11-08	$-974,895
Net plan assets at end of year (total assets less liabilities)	2016-11-08	$0
Net plan assets at beginning of year (total assets less liabilities)	2016-11-08	$974,895
Total contributions received or receivable from employer(s)	2016-11-08	$0
Value of certain deemed distributions of participant loans	2016-11-08	$0
Value of corrective distributions	2016-11-08	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-11-08	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-11-08	$0

Form 5500 Responses for NC 02 INC. PENSION PLAN

2016: NC 02 INC. PENSION PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NC O2 INC.
Employer identification number (EIN):	133739750
NAIC Classification:	315240
NAIC Description:	Women's, Girls', and Infants' Cut and Sew Apparel Manufacturing