401k Plan data: TACTRONICS HOLDINGS, LLC 401(K) PLAN plan

TACTRONICS HOLDINGS, LLC 401(K) PLAN 401k Plan overview

Plan Name	TACTRONICS HOLDINGS, LLC 401(K) PLAN
Plan identification number	001

TACTRONICS HOLDINGS, LLC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TACTRONICS HOLDINGS, LLC has sponsored the creation of one or more 401k plans.

Company Name: TACTRONICS HOLDINGS, LLC

Employer identification number (EIN): 208477684

NAIC Classification: 334200

Additional information about TACTRONICS HOLDINGS, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 4301692

More information about TACTRONICS HOLDINGS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TACTRONICS HOLDINGS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 DOUGLAS J. PICK, ESQ., ASSIGNEE 2013-05-13
001 2011-01-01 DOUGLAS J. PICK, ESQ., ASSIGNEE
001 2009-01-01 WILLIAM F. SILHAN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2012-01-01	DOUGLAS J. PICK, ESQ., ASSIGNEE	2013-05-13
001	2011-01-01	DOUGLAS J. PICK, ESQ., ASSIGNEE
001	2009-01-01	WILLIAM F. SILHAN

Plan Statistics for TACTRONICS HOLDINGS, LLC 401(K) PLAN

401k plan membership statisitcs for TACTRONICS HOLDINGS, LLC 401(K) PLAN

Measure Date Value
2011: TACTRONICS HOLDINGS, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 301
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 77
Total of all active and inactive participants 2011-01-01 77
Total participants 2011-01-01 77
Number of participants with account balances 2011-01-01 77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 5
2009: TACTRONICS HOLDINGS, LLC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 391
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 306
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 31
Total of all active and inactive participants 2009-01-01 337
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 337
Number of participants with account balances 2009-01-01 138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 20

Measure	Date	Value
2011: TACTRONICS HOLDINGS, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	301
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	77
Total of all active and inactive participants	2011-01-01	77
Total participants	2011-01-01	77
Number of participants with account balances	2011-01-01	77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	5
2009: TACTRONICS HOLDINGS, LLC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	391
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	306
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	31
Total of all active and inactive participants	2009-01-01	337
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	337
Number of participants with account balances	2009-01-01	138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	20

Financial Data on TACTRONICS HOLDINGS, LLC 401(K) PLAN

Measure	Date	Value
2011 : TACTRONICS HOLDINGS, LLC 401(K) PLAN 2011 401k financial data
Total transfer of assets from this plan	2011-12-31	$755,139
Total income from all sources (including contributions)	2011-12-31	$321,419
Total of all expenses incurred	2011-12-31	$2,131,921
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$2,022,911
Expenses. Certain deemed distributions of participant loans	2011-12-31	$83,173
Value of total corrective distributions	2011-12-31	$20,324
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$413,764
Value of total assets at end of year	2011-12-31	$589,439
Value of total assets at beginning of year	2011-12-31	$3,155,080
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$5,513
Total interest from all sources	2011-12-31	$4,828
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$34,815
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$34,815
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$316,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	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	$288,140
Participant contributions at beginning of year	2011-12-31	$185,476
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$39,737
Administrative expenses (other) incurred	2011-12-31	$5,513
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	$-1,810,502
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$589,439
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$3,155,080
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	$499,726
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$2,504,352
Interest on participant loans	2011-12-31	$4,814
Value of interest in common/collective trusts at end of year	2011-12-31	$55,553
Value of interest in common/collective trusts at beginning of year	2011-12-31	$328,971
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$34,160
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$136,281
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$136,281
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$14
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-124,249
Net investment gain or loss from common/collective trusts	2011-12-31	$-7,739
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	No
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	$85,887
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$2,022,911
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	BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN	2011-12-31	131578842
2010 : TACTRONICS HOLDINGS, LLC 401(K) PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$1,418,212
Total of all expenses incurred	2010-12-31	$471,315
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$465,211
Expenses. Certain deemed distributions of participant loans	2010-12-31	$1,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,244,592
Value of total assets at end of year	2010-12-31	$3,155,080
Value of total assets at beginning of year	2010-12-31	$2,208,183
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$4,680
Total interest from all sources	2010-12-31	$5,436
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$43,756
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$43,756
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$221,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	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	$791,638
Participant contributions at end of year	2010-12-31	$185,476
Participant contributions at beginning of year	2010-12-31	$66,418
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$273,563
Administrative expenses (other) incurred	2010-12-31	$4,680
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	$946,897
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,155,080
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,208,183
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	$2,504,352
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$1,776,369
Interest on participant loans	2010-12-31	$5,098
Value of interest in common/collective trusts at end of year	2010-12-31	$328,971
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$136,281
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$335,921
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$335,921
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$338
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$112,336
Net investment gain or loss from common/collective trusts	2010-12-31	$12,092
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	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$179,391
Employer contributions (assets) at beginning of year	2010-12-31	$29,475
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$465,211
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	BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN	2010-12-31	131578842
2009 : TACTRONICS HOLDINGS, LLC 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 TACTRONICS HOLDINGS, LLC 401(K) PLAN

2011: TACTRONICS HOLDINGS, LLC 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: TACTRONICS HOLDINGS, LLC 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 – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number	RM 84511-1
Policy instance	1

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Company Name:	TACTRONICS HOLDINGS, LLC
Employer identification number (EIN):	208477684
NAIC Classification:	334200

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	4301692