401k Plan data: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN plan

JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

JMAC LENDING, INC. 401(K) PROFIT SHARING 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

JMAC LENDING, INC. has sponsored the creation of one or more 401k plans.

Company Name: JMAC LENDING, INC.

Employer identification number (EIN): 260707492

NAIC Classification: 522292
NAIC Description: Real Estate Credit

Additional information about JMAC LENDING, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2007-09-18

Company Identification Number: 0800872634

Legal Registered Office Address: 2510 REDHILL AVE

SANTA ANA
United States of America (USA)
92705

More information about JMAC LENDING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 MAI PHAM
002 2016-01-01 MAI CHRISTINA PHAM 2017-10-06
002 2015-01-01 CHRISTINA PHAM 2016-10-13
002 2014-01-01 CHRISTINA PHAM 2015-10-07
002 2013-01-01 CHRISTINA PHAM 2014-10-10
002 2012-01-01 CHRISTINA PHAM 2013-08-14
002 2011-01-01 CHRISTINA PHAM 2012-10-15
002 2010-01-01 CHRISTINA PHAM 2011-10-12
002 2009-01-01 CHRISTINA PHAM

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2019-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01	MAI PHAM
002	2016-01-01	MAI CHRISTINA PHAM	2017-10-06
002	2015-01-01	CHRISTINA PHAM	2016-10-13
002	2014-01-01	CHRISTINA PHAM	2015-10-07
002	2013-01-01	CHRISTINA PHAM	2014-10-10
002	2012-01-01	CHRISTINA PHAM	2013-08-14
002	2011-01-01	CHRISTINA PHAM	2012-10-15
002	2010-01-01	CHRISTINA PHAM	2011-10-12
002	2009-01-01	CHRISTINA PHAM

Plan Statistics for JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2019: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 0
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 0
Number of participants with account balances 2019-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 156
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 101
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 34
Total of all active and inactive participants 2018-01-01 135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 135
Number of participants with account balances 2018-01-01 99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 14
2017: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 133
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 21
Total of all active and inactive participants 2017-01-01 154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 154
Number of participants with account balances 2017-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 13
2009: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 17
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 17
Total participants 2009-01-01 17
Number of participants with account balances 2009-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2019: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	0
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	0
Number of participants with account balances	2019-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	156
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	101
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	34
Total of all active and inactive participants	2018-01-01	135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	135
Number of participants with account balances	2018-01-01	99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	14
2017: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	133
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	21
Total of all active and inactive participants	2017-01-01	154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	154
Number of participants with account balances	2017-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	13
2009: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	17
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	17
Total participants	2009-01-01	17
Number of participants with account balances	2009-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2019 : JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total transfer of assets from this plan	2019-12-31	$3,650,843
Total transfer of assets from this plan	2019-12-31	$3,650,843
Total income from all sources (including contributions)	2019-12-31	$258,991
Total income from all sources (including contributions)	2019-12-31	$258,991
Total of all expenses incurred	2019-12-31	$42,191
Total of all expenses incurred	2019-12-31	$42,191
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$39,212
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$39,212
Expenses. Certain deemed distributions of participant loans	2019-12-31	$0
Expenses. Certain deemed distributions of participant loans	2019-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$13,755
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$13,755
Value of total assets at end of year	2019-12-31	$0
Value of total assets at end of year	2019-12-31	$0
Value of total assets at beginning of year	2019-12-31	$3,434,043
Value of total assets at beginning of year	2019-12-31	$3,434,043
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$2,979
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$2,979
Total interest from all sources	2019-12-31	$745
Total interest from all sources	2019-12-31	$745
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	Yes
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2019-12-31	$32,326
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2019-12-31	$32,326
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$0
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,750,000
Value of fidelity bond cover	2019-12-31	$1,750,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$13,755
Contributions received from participants	2019-12-31	$13,755
Participant contributions at end of year	2019-12-31	$0
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$69,010
Participant contributions at beginning of year	2019-12-31	$69,010
Participant contributions at end of year	2019-12-31	$0
Participant contributions at end of year	2019-12-31	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2019-12-31	$33,236
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2019-12-31	$33,236
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$216,800
Value of net income/loss	2019-12-31	$216,800
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$0
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,434,043
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,434,043
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$2,979
Investment advisory and management fees	2019-12-31	$2,979
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,365,033
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,365,033
Interest on participant loans	2019-12-31	$745
Interest on participant loans	2019-12-31	$745
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2019-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2019-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$244,491
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$244,491
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at end of year	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$5,976
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$5,976
Did the plan have assets held for investment	2019-12-31	No
Did the plan have assets held for investment	2019-12-31	No
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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	Yes
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	KSJG, LLP
Accountancy firm name	2019-12-31	KSJG, LLP
Accountancy firm EIN	2019-12-31	953322166
Accountancy firm EIN	2019-12-31	953322166
Total transfer of assets from this plan	2019-03-08	$3,650,843
Total income from all sources (including contributions)	2019-03-08	$258,991
Total of all expenses incurred	2019-03-08	$42,191
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-03-08	$39,212
Expenses. Certain deemed distributions of participant loans	2019-03-08	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-03-08	$13,755
Value of total assets at end of year	2019-03-08	$0
Value of total assets at beginning of year	2019-03-08	$3,434,043
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-03-08	$2,979
Total interest from all sources	2019-03-08	$745
Total dividends received (eg from common stock, registered investment company shares)	2019-03-08	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-03-08	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2019-03-08	$32,326
Total dividends received from registered investment company shares (eg mutual funds)	2019-03-08	$0
Was this plan covered by a fidelity bond	2019-03-08	Yes
Value of fidelity bond cover	2019-03-08	$1,750,000
If this is an individual account plan, was there a blackout period	2019-03-08	No
Were there any nonexempt tranactions with any party-in-interest	2019-03-08	No
Contributions received from participants	2019-03-08	$13,755
Participant contributions at end of year	2019-03-08	$0
Participant contributions at beginning of year	2019-03-08	$69,010
Participant contributions at end of year	2019-03-08	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2019-03-08	$33,236
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-03-08	$0
Total non interest bearing cash at end of year	2019-03-08	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-03-08	No
Value of net income/loss	2019-03-08	$216,800
Value of net assets at end of year (total assets less liabilities)	2019-03-08	$0
Value of net assets at beginning of year (total assets less liabilities)	2019-03-08	$3,434,043
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-03-08	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-03-08	No
Were any leases to which the plan was party in default or uncollectible	2019-03-08	No
Investment advisory and management fees	2019-03-08	$2,979
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-03-08	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-03-08	$3,365,033
Interest on participant loans	2019-03-08	$745
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-03-08	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2019-03-08	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-03-08	$244,491
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-03-08	No
Was there a failure to transmit to the plan any participant contributions	2019-03-08	No
Has the plan failed to provide any benefit when due under the plan	2019-03-08	No
Employer contributions (assets) at end of year	2019-03-08	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-03-08	$5,976
Did the plan have assets held for investment	2019-03-08	No
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	2019-03-08	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-03-08	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-03-08	Yes
Opinion of an independent qualified public accountant for this plan	2019-03-08	Disclaimer
Accountancy firm name	2019-03-08	WITHUM, SMITH & BROWN, PC
Accountancy firm EIN	2019-03-08	222027092
2018 : JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$269,681
Total of all expenses incurred	2018-12-31	$154,694
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$135,203
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$486,379
Value of total assets at end of year	2018-12-31	$3,434,043
Value of total assets at beginning of year	2018-12-31	$3,319,056
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$19,491
Total interest from all sources	2018-12-31	$3,511
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,750,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$386,905
Participant contributions at end of year	2018-12-31	$69,010
Participant contributions at beginning of year	2018-12-31	$85,841
Participant contributions at beginning of year	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$114,987
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$3,434,043
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$3,319,056
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$17,248
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$3,365,033
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$3,233,215
Income. Interest from loans (other than to participants)	2018-12-31	$3,511
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-220,209
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$99,474
Employer contributions (assets) at beginning of year	2018-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$135,203
Contract administrator fees	2018-12-31	$2,243
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	KSJG, LLP
Accountancy firm EIN	2018-12-31	953322166
2017 : JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$826,119
Total of all expenses incurred	2017-12-31	$74,479
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$58,193
Expenses. Certain deemed distributions of participant loans	2017-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$442,483
Value of total assets at end of year	2017-12-31	$3,319,056
Value of total assets at beginning of year	2017-12-31	$2,567,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$16,286
Total interest from all sources	2017-12-31	$2,321
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$0
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$100,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$366,200
Participant contributions at end of year	2017-12-31	$85,841
Participant contributions at beginning of year	2017-12-31	$35,772
Participant contributions at end of year	2017-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$76,283
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$0
Administrative expenses (other) incurred	2017-12-31	$16,286
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$751,640
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$3,319,056
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$2,567,416
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$3,233,215
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$2,531,644
Interest on participant loans	2017-12-31	$2,321
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$381,315
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Employer contributions (assets) at end of year	2017-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$58,193
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	KSJG, LLP
Accountancy firm EIN	2017-12-31	953322166

Form 5500 Responses for JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN

2019: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	Yes
2019-01-01	This submission is the final filing	Yes
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2009: JMAC LENDING, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	First time form 5500 has been submitted	Yes
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance	1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance	1

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Company Name:	JMAC LENDING, INC.
Employer identification number (EIN):	260707492
NAIC Classification:	522292
NAIC Description:	Real Estate Credit

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2007-09-18
Company Identification Number:	0800872634
Legal Registered Office Address:	2510 REDHILL AVE SANTA ANA United States of America (USA) 92705