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SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 401k Plan overview

Plan NameSHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN
Plan identification number 004

SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • 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

SHORE POINT DISTRIBUTING COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:SHORE POINT DISTRIBUTING COMPANY, INC.
Employer identification number (EIN):210611286
NAIC Classification:424800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042022-01-01JAMES ANNARELLA2023-10-04 JAMES ANNARELLA2023-10-04
0042021-01-01JAMES ANNARELLA2022-10-02 JAMES ANNARELLA2022-10-02
0042020-01-01
0042019-01-01
0042018-01-01
0042017-01-01JAMES ANNARELLA JAMES ANNARELLA2018-09-13
0042016-01-01JAMES ANNARELLA JAMES ANNARELLA2017-09-28
0042015-01-01JAMES ANNARELLA JAMES ANNARELLA2016-10-11
0042014-01-01VINCENT J. ANNARELLA2015-10-14 VINCENT J. ANNARELLA2015-10-14
0042013-01-01JAMES ANNARELLA JAMES ANNARELLA2014-10-10
0042012-01-01JAMES ANNARELLA JAMES ANNARELLA2013-10-11
0042011-01-01JAMES ANNARELLA JAMES ANNARELLA2013-05-01
0042009-01-01JAMES ANNARELLA JAMES ANNARELLA2010-10-14

Plan Statistics for SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN

401k plan membership statisitcs for SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN

Measure Date Value
2022: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01153
Total number of active participants reported on line 7a of the Form 55002022-01-01118
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0147
Total of all active and inactive participants2022-01-01165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01165
Number of participants with account balances2022-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01160
Total number of active participants reported on line 7a of the Form 55002021-01-01127
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0135
Total of all active and inactive participants2021-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01162
Number of participants with account balances2021-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01159
Total number of active participants reported on line 7a of the Form 55002020-01-01122
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0134
Total of all active and inactive participants2020-01-01156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01156
Number of participants with account balances2020-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01172
Total number of active participants reported on line 7a of the Form 55002019-01-01119
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0140
Total of all active and inactive participants2019-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01159
Number of participants with account balances2019-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01163
Total number of active participants reported on line 7a of the Form 55002018-01-01132
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0140
Total of all active and inactive participants2018-01-01172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01172
Number of participants with account balances2018-01-01172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01144
Total number of active participants reported on line 7a of the Form 55002017-01-01133
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0130
Total of all active and inactive participants2017-01-01163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01163
Number of participants with account balances2017-01-01160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01147
Total number of active participants reported on line 7a of the Form 55002016-01-01122
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0122
Total of all active and inactive participants2016-01-01144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01144
Number of participants with account balances2016-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01145
Total number of active participants reported on line 7a of the Form 55002015-01-01126
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0121
Total of all active and inactive participants2015-01-01147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01147
Number of participants with account balances2015-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2013: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01107
Total number of active participants reported on line 7a of the Form 55002013-01-01101
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0111
Total of all active and inactive participants2013-01-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01112
Number of participants with account balances2013-01-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0199
Total number of active participants reported on line 7a of the Form 55002012-01-0191
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0112
Total of all active and inactive participants2012-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01103
Number of participants with account balances2012-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0191
Total number of active participants reported on line 7a of the Form 55002011-01-0198
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01103
Number of participants with account balances2011-01-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01116
Total number of active participants reported on line 7a of the Form 55002009-01-0190
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0111
Total of all active and inactive participants2009-01-01101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01101
Number of participants with account balances2009-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN

Measure Date Value
2022 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$74,253
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-2,371,952
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,194,118
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,191,369
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,507,389
Value of total assets at end of year2022-12-31$21,849,697
Value of total assets at beginning of year2022-12-31$25,341,514
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,749
Total interest from all sources2022-12-31$13,941
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$483,323
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$483,323
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$634,831
Participant contributions at end of year2022-12-31$312,132
Participant contributions at beginning of year2022-12-31$312,148
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$86,727
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,566,070
Value of net assets at end of year (total assets less liabilities)2022-12-31$21,849,697
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$25,341,514
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$18,679,289
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$23,586,105
Interest on participant loans2022-12-31$13,941
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$2,858,276
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$1,418,635
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$1,418,635
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,376,605
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$785,831
Employer contributions (assets) at beginning of year2022-12-31$24,626
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,191,369
Contract administrator fees2022-12-31$2,749
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31COHNREZNICK LLP
Accountancy firm EIN2022-12-31221478099
2021 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$4,525,169
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$806,956
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$804,305
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,426,622
Value of total assets at end of year2021-12-31$25,341,514
Value of total assets at beginning of year2021-12-31$21,623,301
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,651
Total interest from all sources2021-12-31$15,013
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,409,293
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,409,293
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$645,534
Participant contributions at end of year2021-12-31$312,148
Participant contributions at beginning of year2021-12-31$354,150
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,718,213
Value of net assets at end of year (total assets less liabilities)2021-12-31$25,341,514
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$21,623,301
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$23,586,105
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$20,089,817
Interest on participant loans2021-12-31$14,718
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,418,635
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$1,151,968
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$1,151,968
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$295
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,674,241
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$781,088
Employer contributions (assets) at end of year2021-12-31$24,626
Employer contributions (assets) at beginning of year2021-12-31$27,366
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$804,305
Contract administrator fees2021-12-31$2,651
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31COHNREZNICK LLP
Accountancy firm EIN2021-12-31221478099
2020 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$159
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$3,843,298
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$817,500
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$813,871
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,230,769
Value of total assets at end of year2020-12-31$21,623,301
Value of total assets at beginning of year2020-12-31$18,597,344
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$3,629
Total interest from all sources2020-12-31$19,146
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$627,872
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$627,872
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$2,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$577,439
Participant contributions at end of year2020-12-31$354,150
Participant contributions at beginning of year2020-12-31$328,128
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$23,860
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,025,798
Value of net assets at end of year (total assets less liabilities)2020-12-31$21,623,301
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$18,597,344
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$20,089,817
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$18,057,514
Interest on participant loans2020-12-31$18,452
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$1,151,968
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$163,461
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$163,461
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$694
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,965,511
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$653,330
Employer contributions (assets) at end of year2020-12-31$27,366
Employer contributions (assets) at beginning of year2020-12-31$24,381
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$813,871
Contract administrator fees2020-12-31$3,629
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31COHNREZNICK LLP
Accountancy firm EIN2020-12-31221478099
2019 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$25,064
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$5,695,739
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$810,259
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$805,817
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,502,897
Value of total assets at end of year2019-12-31$18,597,344
Value of total assets at beginning of year2019-12-31$13,686,800
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$4,442
Total interest from all sources2019-12-31$20,938
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$433,491
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$433,491
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$2,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$554,506
Participant contributions at end of year2019-12-31$328,128
Participant contributions at beginning of year2019-12-31$371,042
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$1,290,355
Total non interest bearing cash at end of year2019-12-31$23,860
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,885,480
Value of net assets at end of year (total assets less liabilities)2019-12-31$18,597,344
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$13,686,800
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$18,057,514
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$13,132,793
Interest on participant loans2019-12-31$17,907
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$163,461
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$158,115
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$158,115
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$3,031
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,738,413
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$658,036
Employer contributions (assets) at end of year2019-12-31$24,381
Employer contributions (assets) at beginning of year2019-12-31$24,850
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$805,817
Contract administrator fees2019-12-31$4,442
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31COHNREZNICK LLP
Accountancy firm EIN2019-12-31221478099
2018 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$565,029
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$425,497
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$420,872
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,543,502
Value of total assets at end of year2018-12-31$13,686,800
Value of total assets at beginning of year2018-12-31$13,547,268
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$4,625
Total interest from all sources2018-12-31$35,544
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$815,858
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$815,858
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$2,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$517,617
Participant contributions at end of year2018-12-31$371,042
Participant contributions at beginning of year2018-12-31$318,798
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$372,338
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$139,532
Value of net assets at end of year (total assets less liabilities)2018-12-31$13,686,800
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$13,547,268
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$13,132,793
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$11,932,564
Interest on participant loans2018-12-31$16,686
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$158,115
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$1,272,185
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$1,272,185
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$18,858
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,829,875
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$653,547
Employer contributions (assets) at end of year2018-12-31$24,850
Employer contributions (assets) at beginning of year2018-12-31$23,721
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$420,872
Contract administrator fees2018-12-31$4,625
Liabilities. Value of benefit claims payable at end of year2018-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31COHNREZNICK LLP
Accountancy firm EIN2018-12-31221478099
2017 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets from this plan2017-12-31$24,451
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$3,069,621
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$442,771
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$439,271
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,181,706
Value of total assets at end of year2017-12-31$13,547,268
Value of total assets at beginning of year2017-12-31$10,944,869
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$3,500
Total interest from all sources2017-12-31$21,243
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$566,992
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$566,992
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$2,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$498,459
Participant contributions at end of year2017-12-31$318,798
Participant contributions at beginning of year2017-12-31$336,177
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$30,323
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$25,470
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,626,850
Value of net assets at end of year (total assets less liabilities)2017-12-31$13,547,268
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$10,944,869
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$11,932,564
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$9,353,478
Interest on participant loans2017-12-31$14,954
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$1,272,185
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$1,214,162
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$1,214,162
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$6,289
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,299,680
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$652,924
Employer contributions (assets) at end of year2017-12-31$23,721
Employer contributions (assets) at beginning of year2017-12-31$15,582
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$439,271
Contract administrator fees2017-12-31$3,500
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31COHNREZNICK LLP
Accountancy firm EIN2017-12-31221478099
2016 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$31,950
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$2,010,215
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$768,433
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$764,742
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,110,330
Value of total assets at end of year2016-12-31$10,944,869
Value of total assets at beginning of year2016-12-31$9,671,137
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$3,691
Total interest from all sources2016-12-31$14,304
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$351,083
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$351,083
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$2,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$488,847
Participant contributions at end of year2016-12-31$336,177
Participant contributions at beginning of year2016-12-31$323,192
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$25,470
Total non interest bearing cash at beginning of year2016-12-31$16,615
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,241,782
Value of net assets at end of year (total assets less liabilities)2016-12-31$10,944,869
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$9,671,137
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$9,353,478
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$8,128,366
Interest on participant loans2016-12-31$13,435
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$1,214,162
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$1,191,747
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$1,191,747
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$869
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$534,498
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$621,483
Employer contributions (assets) at end of year2016-12-31$15,582
Employer contributions (assets) at beginning of year2016-12-31$11,217
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$764,742
Contract administrator fees2016-12-31$3,691
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31COHNREZNICK LLP
Accountancy firm EIN2016-12-31221478099
2015 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$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$854,083
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$1,033,336
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,029,386
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,018,314
Value of total assets at end of year2015-12-31$9,671,137
Value of total assets at beginning of year2015-12-31$9,850,390
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$3,950
Total interest from all sources2015-12-31$15,161
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$457,691
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$457,691
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$2,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$438,033
Participant contributions at end of year2015-12-31$323,192
Participant contributions at beginning of year2015-12-31$353,596
Participant contributions at beginning of year2015-12-31$6,532
Total non interest bearing cash at end of year2015-12-31$16,615
Total non interest bearing cash at beginning of year2015-12-31$64
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-179,253
Value of net assets at end of year (total assets less liabilities)2015-12-31$9,671,137
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$9,850,390
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$3,950
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$8,128,366
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$8,001,102
Interest on participant loans2015-12-31$15,006
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$1,191,747
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$1,465,323
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$1,465,323
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$155
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-637,083
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$580,281
Employer contributions (assets) at end of year2015-12-31$11,217
Employer contributions (assets) at beginning of year2015-12-31$23,773
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,029,386
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31COHNREZNICK LLP
Accountancy firm EIN2015-12-31221478099
2013 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$15,106
Total income from all sources2013-12-31$1,555,802
Expenses. Total of all expenses incurred2013-12-31$289,965
Benefits paid (including direct rollovers)2013-12-31$285,763
Total plan assets at end of year2013-12-31$6,784,490
Total plan assets at beginning of year2013-12-31$5,503,547
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$361,267
Contributions received from other sources (not participants or employers)2013-12-31$73,489
Other income received2013-12-31$652,553
Net income (gross income less expenses)2013-12-31$1,265,837
Net plan assets at end of year (total assets less liabilities)2013-12-31$6,784,490
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$5,503,547
Assets. Value of participant loans2013-12-31$233,737
Total contributions received or receivable from employer(s)2013-12-31$468,493
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$4,202
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$1,408,165
Expenses. Total of all expenses incurred2012-12-31$610,708
Benefits paid (including direct rollovers)2012-12-31$587,344
Total plan assets at end of year2012-12-31$5,503,547
Total plan assets at beginning of year2012-12-31$4,706,090
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$323,100
Contributions received from other sources (not participants or employers)2012-12-31$3,726
Other income received2012-12-31$634,267
Net income (gross income less expenses)2012-12-31$797,457
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,503,547
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$4,706,090
Assets. Value of participant loans2012-12-31$248,456
Total contributions received or receivable from employer(s)2012-12-31$447,072
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$23,364
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$665,512
Expenses. Total of all expenses incurred2011-12-31$346,815
Benefits paid (including direct rollovers)2011-12-31$325,915
Total plan assets at end of year2011-12-31$4,706,090
Total plan assets at beginning of year2011-12-31$4,387,393
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$340,098
Contributions received from other sources (not participants or employers)2011-12-31$13,919
Other income received2011-12-31$-123,826
Net income (gross income less expenses)2011-12-31$318,697
Net plan assets at end of year (total assets less liabilities)2011-12-31$4,706,090
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$4,387,393
Assets. Value of participant loans2011-12-31$146,851
Total contributions received or receivable from employer(s)2011-12-31$435,321
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$20,900
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,276,982
Expenses. Total of all expenses incurred2010-12-31$191,601
Benefits paid (including direct rollovers)2010-12-31$175,156
Total plan assets at end of year2010-12-31$4,387,393
Total plan assets at beginning of year2010-12-31$3,302,012
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$331,060
Expenses. Other expenses not covered elsewhere2010-12-31$16,445
Contributions received from other sources (not participants or employers)2010-12-31$17,686
Other income received2010-12-31$493,922
Net income (gross income less expenses)2010-12-31$1,085,381
Net plan assets at end of year (total assets less liabilities)2010-12-31$4,387,393
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,302,012
Assets. Value of participant loans2010-12-31$82,269
Total contributions received or receivable from employer(s)2010-12-31$434,314
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN

2022: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2013: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SHORE POINT DISTRIBUTING EMPLOYEES' PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number25798
Policy instance 1
Insurance contract or identification number25798
Number of Individuals Covered0
Insurance policy start date2013-01-01
Insurance policy end date2013-02-19
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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 BrokerUSD $0
Insurance broker organization code?3
Amount paid for insurance broker fees0
Insurance broker nameCHERNOFF DIAMOND & CO., LLC
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number25798
Policy instance 1
Insurance contract or identification number25798
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $12,716
Total amount of fees paid to insurance companyUSD $2,025
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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 BrokerUSD $12,716
Insurance broker organization code?3
Amount paid for insurance broker fees2025
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker nameCHERNOFF DIAMOND & CO., LLC
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number25798
Policy instance 1
Insurance contract or identification number25798
Number of Individuals Covered100
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $11,516
Total amount of fees paid to insurance companyUSD $1,756
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number25798
Policy instance 1
Insurance contract or identification number25798
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $9,103
Total amount of fees paid to insurance companyUSD $998
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No

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