JORMAC AEROSPACE, INC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2012 : JORMAC AEROSPACE, INC 401(K) 2012 401k financial data |
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Transfers to/from the plan | 2012-12-31 | $0 |
Total income from all sources | 2012-12-31 | $179,739 |
Expenses. Total of all expenses incurred | 2012-12-31 | $314,927 |
Benefits paid (including direct rollovers) | 2012-12-31 | $303,105 |
Total plan assets at end of year | 2012-12-31 | $683,096 |
Total plan assets at beginning of year | 2012-12-31 | $818,284 |
Value of fidelity bond covering the plan | 2012-12-31 | $90,000 |
Total contributions received or receivable from participants | 2012-12-31 | $98,857 |
Expenses. Other expenses not covered elsewhere | 2012-12-31 | $880 |
Contributions received from other sources (not participants or employers) | 2012-12-31 | $0 |
Other income received | 2012-12-31 | $80,670 |
Net income (gross income less expenses) | 2012-12-31 | $-135,188 |
Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $683,096 |
Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $818,284 |
Assets. Value of participant loans | 2012-12-31 | $12,978 |
Total contributions received or receivable from employer(s) | 2012-12-31 | $212 |
Value of certain deemed distributions of participant loans | 2012-12-31 | $0 |
Value of corrective distributions | 2012-12-31 | $10,942 |
Funding deficiency by the employer to the plan for this plan year | 2012-12-31 | $0 |
Minimum employer required contribution for this plan year | 2012-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2012-12-31 | $0 |
2011 : JORMAC AEROSPACE, INC 401(K) 2011 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets from this plan | 2011-12-31 | $1,336,646 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $313,735 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $83,053 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $74,324 |
Value of total corrective distributions | 2011-12-31 | $7,544 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $360,062 |
Value of total assets at end of year | 2011-12-31 | $818,284 |
Value of total assets at beginning of year | 2011-12-31 | $1,924,248 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,185 |
Total interest from all sources | 2011-12-31 | $1,345 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Transfers to/from the plan | 2011-12-31 | $-1,336,646 |
Total income from all sources | 2011-12-31 | $313,733 |
Expenses. Total of all expenses incurred | 2011-12-31 | $83,053 |
Benefits paid (including direct rollovers) | 2011-12-31 | $74,324 |
Total plan assets at end of year | 2011-12-31 | $818,284 |
Total plan assets at beginning of year | 2011-12-31 | $1,924,250 |
Value of fidelity bond covering the plan | 2011-12-31 | $90,000 |
Total contributions received or receivable from participants | 2011-12-31 | $293,752 |
Expenses. Other expenses not covered elsewhere | 2011-12-31 | $1,185 |
Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
Other income received | 2011-12-31 | $-46,329 |
Net income (gross income less expenses) | 2011-12-31 | $230,680 |
Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $818,284 |
Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,924,250 |
Assets. Value of participant loans | 2011-12-31 | $35,675 |
Total contributions received or receivable from employer(s) | 2011-12-31 | $66,310 |
Value of certain deemed distributions of participant loans | 2011-12-31 | $0 |
Value of corrective distributions | 2011-12-31 | $7,544 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $90,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $293,752 |
Participant contributions at end of year | 2011-12-31 | $35,675 |
Participant contributions at beginning of year | 2011-12-31 | $16,110 |
Administrative expenses (other) incurred | 2011-12-31 | $1,185 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $230,682 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $818,284 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,924,248 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $695,656 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,822,347 |
Interest on participant loans | 2011-12-31 | $1,345 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $86,953 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $85,791 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-47,672 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $66,310 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $74,324 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | BAKER NEWMAN NOYES |
Accountancy firm EIN | 2011-12-31 | 010494526 |
2010 : JORMAC AEROSPACE, INC 401(K) 2010 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $590,169 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $55,559 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $53,098 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $0 |
Value of total corrective distributions | 2010-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $377,204 |
Value of total assets at end of year | 2010-12-31 | $1,924,248 |
Value of total assets at beginning of year | 2010-12-31 | $1,389,638 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,461 |
Total interest from all sources | 2010-12-31 | $233 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $90,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | Yes |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $236,502 |
Participant contributions at end of year | 2010-12-31 | $16,110 |
Participant contributions at beginning of year | 2010-12-31 | $2,433 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $51,214 |
Other income not declared elsewhere | 2010-12-31 | $0 |
Administrative expenses (other) incurred | 2010-12-31 | $2,461 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $534,610 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,924,248 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,389,638 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,822,347 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $1,350,860 |
Interest on participant loans | 2010-12-31 | $233 |
Interest earned on other investments | 2010-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $85,791 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $36,345 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $212,732 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Assets. Invements in employer securities at end of year | 2010-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $0 |
Contributions received in cash from employer | 2010-12-31 | $89,488 |
Income. Dividends from common stock | 2010-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $53,098 |
Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $0 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | Yes |
Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $0 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | BAKER, NEWMAN & NOYES, LLC |
Accountancy firm EIN | 2010-12-31 | 010494526 |
2008 : JORMAC AEROSPACE, INC 401(K) 2008 401k financial data |
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Total income from all sources | 2008-12-31 | $-14,276 |
Expenses. Total of all expenses incurred | 2008-12-31 | $156,657 |
Benefits paid (including direct rollovers) | 2008-12-31 | $156,107 |
Total plan assets at end of year | 2008-12-31 | $728,194 |
Total plan assets at beginning of year | 2008-12-31 | $899,127 |
Value of fidelity bond covering the plan | 2008-12-31 | $90,000 |
Total contributions received or receivable from participants | 2008-12-31 | $232,558 |
Expenses. Other expenses not covered elsewhere | 2008-12-31 | $550 |
Other income received | 2008-12-31 | $-329,030 |
Net income (gross income less expenses) | 2008-12-31 | $-170,933 |
Net plan assets at end of year (total assets less liabilities) | 2008-12-31 | $728,194 |
Net plan assets at beginning of year (total assets less liabilities) | 2008-12-31 | $899,127 |
Total contributions received or receivable from employer(s) | 2008-12-31 | $82,196 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2008-12-31 | $0 |