401k Plan data: PHP FIBERS INC. HOURLY 401(K) PLAN plan

PHP FIBERS INC. HOURLY 401(K) PLAN 401k Plan overview

Plan Name	PHP FIBERS INC. HOURLY 401(K) PLAN
Plan identification number	002

PHP FIBERS INC. HOURLY 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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

PHP FIBERS INC. has sponsored the creation of one or more 401k plans.

Company Name: PHP FIBERS INC.

Employer identification number (EIN): 200031005

NAIC Classification: 313000
NAIC Description: Textile Mills

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PHP FIBERS INC. HOURLY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01 BILLY SIZEMORE 2019-07-19
002 2017-01-01 BILLY SIZEMORE 2018-07-19
002 2016-01-01 BILLY SIZEMORE 2017-10-13
002 2015-01-01 BILLY SIZEMORE 2016-07-27
002 2014-01-01 BILLY SIZEMORE 2015-09-11
002 2013-01-01 BILLY SIZEMORE 2014-07-09
002 2012-01-01 BILLY SIZEMORE 2013-06-26
002 2011-01-01 BILLY SIZEMORE
002 2009-01-01 BILLY SIZEMORE BILLY SIZEMORE 2010-10-07

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01	BILLY SIZEMORE	2019-07-19
002	2017-01-01	BILLY SIZEMORE	2018-07-19
002	2016-01-01	BILLY SIZEMORE	2017-10-13
002	2015-01-01	BILLY SIZEMORE	2016-07-27
002	2014-01-01	BILLY SIZEMORE	2015-09-11
002	2013-01-01	BILLY SIZEMORE	2014-07-09
002	2012-01-01	BILLY SIZEMORE	2013-06-26
002	2011-01-01	BILLY SIZEMORE
002	2009-01-01	BILLY SIZEMORE		BILLY SIZEMORE	2010-10-07

Plan Statistics for PHP FIBERS INC. HOURLY 401(K) PLAN

401k plan membership statisitcs for PHP FIBERS INC. HOURLY 401(K) PLAN

Measure Date Value
2011: PHP FIBERS INC. HOURLY 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 48
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 50
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 50
Number of participants with account balances 2011-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: PHP FIBERS INC. HOURLY 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 35
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 35
Number of participants with account balances 2009-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: PHP FIBERS INC. HOURLY 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	48
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	50
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	50
Number of participants with account balances	2011-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: PHP FIBERS INC. HOURLY 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	35
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	35
Number of participants with account balances	2009-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on PHP FIBERS INC. HOURLY 401(K) PLAN

Measure	Date	Value
2011 : PHP FIBERS INC. HOURLY 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$187,716
Expenses. Total of all expenses incurred	2011-12-31	$20,463
Benefits paid (including direct rollovers)	2011-12-31	$19,723
Total plan assets at end of year	2011-12-31	$830,281
Total plan assets at beginning of year	2011-12-31	$663,028
Value of fidelity bond covering the plan	2011-12-31	$1,000,000
Total contributions received or receivable from participants	2011-12-31	$96,392
Contributions received from other sources (not participants or employers)	2011-12-31	$52,475
Other income received	2011-12-31	$-17,251
Net income (gross income less expenses)	2011-12-31	$167,253
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$830,281
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$663,028
Assets. Value of participant loans	2011-12-31	$18,301
Total contributions received or receivable from employer(s)	2011-12-31	$56,100
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$740
2010 : PHP FIBERS INC. HOURLY 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$178,358
Expenses. Total of all expenses incurred	2010-12-31	$44,154
Benefits paid (including direct rollovers)	2010-12-31	$43,771
Total plan assets at end of year	2010-12-31	$663,028
Total plan assets at beginning of year	2010-12-31	$528,824
Value of fidelity bond covering the plan	2010-12-31	$1,000,000
Total contributions received or receivable from participants	2010-12-31	$75,017
Expenses. Other expenses not covered elsewhere	2010-12-31	$383
Other income received	2010-12-31	$55,057
Net income (gross income less expenses)	2010-12-31	$134,204
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$663,028
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$528,824
Assets. Value of participant loans	2010-12-31	$15,194
Total contributions received or receivable from employer(s)	2010-12-31	$48,284
2009 : PHP FIBERS INC. HOURLY 401(K) PLAN 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

Form 5500 Responses for PHP FIBERS INC. HOURLY 401(K) PLAN

2011: PHP FIBERS INC. HOURLY 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
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	Yes
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PHP FIBERS INC. HOURLY 401(K) PLAN 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

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

97595

Policy instance

Insurance contract or identification number	97595
Number of Individuals Covered	43
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $1,879
Total amount of fees paid to insurance company	USD $1,092
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

97593

Policy instance

Insurance contract or identification number	97593
Number of Individuals Covered	42
Insurance policy start date	2010-09-23
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $3,166
Total amount of fees paid to insurance company	USD $139
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $3,166
Amount paid for insurance broker fees	39
Additional information about fees paid to insurance broker	BROKER COMMISSION OTHER ALLOWANCES
Insurance broker organization code?	7
Insurance broker name	WARREN AVERITT KIMBROUGH & MARINO

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Company Name:	PHP FIBERS INC.
Employer identification number (EIN):	200031005
NAIC Classification:	313000
NAIC Description:	Textile Mills