401k Plan data: DIRECT FLOW MEDICAL, INC. 401(K) PLAN plan

DIRECT FLOW MEDICAL, INC. 401(K) PLAN 401k Plan overview

Plan Name	DIRECT FLOW MEDICAL, INC. 401(K) PLAN
Plan identification number	001

DIRECT FLOW MEDICAL, INC. 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.
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

DIRECT FLOW MEDICAL has sponsored the creation of one or more 401k plans.

Company Name: DIRECT FLOW MEDICAL

Employer identification number (EIN): 201270340

NAIC Classification: 339110

Additional information about DIRECT FLOW MEDICAL

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 3815171

More information about DIRECT FLOW MEDICAL

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DIRECT FLOW MEDICAL, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 NICHOLAS SAAKVITNE 2017-10-20
001 2016-01-01 NICHOLAS SAAKVITNE
001 2015-01-01 BRYAN CORYELL
001 2014-01-01 DAVID BOYLE
001 2013-01-01 MICHAEL C. BURGESS 2014-09-09
001 2012-01-01 MICHAEL C. BURGESS 2013-08-26 MICHAEL C. BURGESS 2013-08-26
001 2011-01-01 MICHAEL C. BURGESS 2012-09-24 MICHAEL C. BURGESS 2012-09-24
001 2010-01-01 MICHAEL C. BURGESS 2011-05-20 MICHAEL C. BURGESS 2011-05-20

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01	NICHOLAS SAAKVITNE	2017-10-20
001	2016-01-01	NICHOLAS SAAKVITNE
001	2015-01-01	BRYAN CORYELL
001	2014-01-01	DAVID BOYLE
001	2013-01-01	MICHAEL C. BURGESS	2014-09-09
001	2012-01-01	MICHAEL C. BURGESS	2013-08-26	MICHAEL C. BURGESS	2013-08-26
001	2011-01-01	MICHAEL C. BURGESS	2012-09-24	MICHAEL C. BURGESS	2012-09-24
001	2010-01-01	MICHAEL C. BURGESS	2011-05-20	MICHAEL C. BURGESS	2011-05-20

Plan Statistics for DIRECT FLOW MEDICAL, INC. 401(K) PLAN

401k plan membership statisitcs for DIRECT FLOW MEDICAL, INC. 401(K) PLAN

Measure Date Value
2016: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 227
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 94
Total of all active and inactive participants 2016-01-01 94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 94
Number of participants with account balances 2016-01-01 94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 237
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 207
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 20
Total of all active and inactive participants 2015-01-01 227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 227
Number of participants with account balances 2015-01-01 81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 229
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 8
Total of all active and inactive participants 2014-01-01 237
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 237
Number of participants with account balances 2014-01-01 62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2016: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	227
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	94
Total of all active and inactive participants	2016-01-01	94
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	94
Number of participants with account balances	2016-01-01	94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	237
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	207
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	20
Total of all active and inactive participants	2015-01-01	227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	227
Number of participants with account balances	2015-01-01	81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	229
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	8
Total of all active and inactive participants	2014-01-01	237
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	237
Number of participants with account balances	2014-01-01	62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on DIRECT FLOW MEDICAL, INC. 401(K) PLAN

Measure	Date	Value
2016 : DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$583,791
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$268,100
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$267,614
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$423,877
Value of total assets at end of year	2016-12-31	$2,379,834
Value of total assets at beginning of year	2016-12-31	$2,064,143
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$486
Total interest from all sources	2016-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$84,331
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$84,331
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$100,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$408,550
Participant contributions at end of year	2016-12-31	$0
Participant contributions at beginning of year	2016-12-31	$14,761
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$15,327
Total non interest bearing cash at end of year	2016-12-31	$85,767
Total non interest bearing cash at beginning of year	2016-12-31	$72,787
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$315,691
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$2,379,834
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$2,064,143
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$2,294,067
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$1,976,595
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$75,583
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$267,614
Contract administrator fees	2016-12-31	$486
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BPM LLP
Accountancy firm EIN	2016-12-31	814234542
2015 : DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$471,092
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$138,223
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$138,073
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$476,754
Value of total assets at end of year	2015-12-31	$2,064,143
Value of total assets at beginning of year	2015-12-31	$1,731,274
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$150
Total interest from all sources	2015-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$94,823
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$94,823
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$100,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$476,754
Participant contributions at end of year	2015-12-31	$14,761
Participant contributions at beginning of year	2015-12-31	$12,034
Total non interest bearing cash at end of year	2015-12-31	$72,787
Total non interest bearing cash at beginning of year	2015-12-31	$65,106
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$332,869
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$2,064,143
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$1,731,274
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$1,976,595
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$1,654,134
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-100,485
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$138,073
Contract administrator fees	2015-12-31	$150
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	BURR PILGER MAYER, INC.
Accountancy firm EIN	2015-12-31	263839190
2014 : DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$429,334
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$157,718
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$157,568
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$362,816
Value of total assets at end of year	2014-12-31	$1,731,274
Value of total assets at beginning of year	2014-12-31	$1,459,658
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$150
Total interest from all sources	2014-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$81,080
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$81,080
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$100,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$362,816
Participant contributions at end of year	2014-12-31	$12,034
Participant contributions at beginning of year	2014-12-31	$10,741
Total non interest bearing cash at end of year	2014-12-31	$65,106
Total non interest bearing cash at beginning of year	2014-12-31	$57,162
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$271,616
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$1,731,274
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$1,459,658
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$1,654,134
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$1,391,755
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$-14,562
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$157,568
Contract administrator fees	2014-12-31	$150
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BURR PILGER MAYER, INC.
Accountancy firm EIN	2014-12-31	263839190

Form 5500 Responses for DIRECT FLOW MEDICAL, INC. 401(K) PLAN

2016: DIRECT FLOW MEDICAL, INC. 401(K) 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	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
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
2015: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: DIRECT FLOW MEDICAL, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	DIRECT FLOW MEDICAL
Employer identification number (EIN):	201270340
NAIC Classification:	339110

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	3815171