401k Plan data: VALERUS 401(K) SAVINGS PLAN plan

VALERUS 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	VALERUS 401(K) SAVINGS PLAN
Plan identification number	001

VALERUS 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

AXIP SERVICES COMPANY, LLC has sponsored the creation of one or more 401k plans.

Company Name: AXIP SERVICES COMPANY, LLC

Employer identification number (EIN): 263632807

NAIC Classification: 221210
NAIC Description: Natural Gas Distribution

Additional information about AXIP SERVICES COMPANY, LLC

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2008-10-29

Company Identification Number: 0801046109

Legal Registered Office Address: 919 MILAM ST STE 1000

HOUSTON
United States of America (USA)
77002

More information about AXIP SERVICES COMPANY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALERUS 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 JENNIFER JEFFERSON
001 2012-01-01 GARY MCKINNEY
001 2011-01-01 CAROL RUTLEDGE
001 2010-01-01 CAROL RUTLEDGE
001 2009-01-01 STACY GERMANO
001 2009-01-01 STACY GERMANO
001 2009-01-01 STACY GERMANO
001 2009-01-01 STACY GERMANO
001 2009-01-01 STACY GERMANO

Plan id#	Filing Submission Date	Name of Administrator
001	2013-01-01	JENNIFER JEFFERSON
001	2012-01-01	GARY MCKINNEY
001	2011-01-01	CAROL RUTLEDGE
001	2010-01-01	CAROL RUTLEDGE
001	2009-01-01	STACY GERMANO
001	2009-01-01	STACY GERMANO
001	2009-01-01	STACY GERMANO
001	2009-01-01	STACY GERMANO
001	2009-01-01	STACY GERMANO

Plan Statistics for VALERUS 401(K) SAVINGS PLAN

401k plan membership statisitcs for VALERUS 401(K) SAVINGS PLAN

Measure Date Value
2013: VALERUS 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 1,690
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 702
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 732
Total of all active and inactive participants 2013-01-01 1,434
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 1,434
Number of participants with account balances 2013-01-01 1,191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 174
2012: VALERUS 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1,548
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 1,296
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 394
Total of all active and inactive participants 2012-01-01 1,690
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 1,690
Number of participants with account balances 2012-01-01 1,179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 84
2011: VALERUS 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,269
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 1,228
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 319
Total of all active and inactive participants 2011-01-01 1,547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 1,548
Number of participants with account balances 2011-01-01 1,123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 72
2010: VALERUS 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 1,035
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 1,005
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 261
Total of all active and inactive participants 2010-01-01 1,266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 1
Total participants 2010-01-01 1,267
Number of participants with account balances 2010-01-01 884
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 39
2009: VALERUS 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 1,243
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 812
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 223
Total of all active and inactive participants 2009-01-01 1,035
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 1,035
Number of participants with account balances 2009-01-01 734
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 68

Measure	Date	Value
2013: VALERUS 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	1,690
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	702
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	732
Total of all active and inactive participants	2013-01-01	1,434
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	1,434
Number of participants with account balances	2013-01-01	1,191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	174
2012: VALERUS 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1,548
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	1,296
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	394
Total of all active and inactive participants	2012-01-01	1,690
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	1,690
Number of participants with account balances	2012-01-01	1,179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	84
2011: VALERUS 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,269
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	1,228
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	319
Total of all active and inactive participants	2011-01-01	1,547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	1,548
Number of participants with account balances	2011-01-01	1,123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	72
2010: VALERUS 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	1,035
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	1,005
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	261
Total of all active and inactive participants	2010-01-01	1,266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	1
Total participants	2010-01-01	1,267
Number of participants with account balances	2010-01-01	884
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	39
2009: VALERUS 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	1,243
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	812
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	223
Total of all active and inactive participants	2009-01-01	1,035
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	1,035
Number of participants with account balances	2009-01-01	734
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	68

Financial Data on VALERUS 401(K) SAVINGS PLAN

Measure	Date	Value
2013 : VALERUS 401(K) SAVINGS PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$53,278
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$122,334
Total income from all sources (including contributions)	2013-12-31	$13,026,757
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$4,061,577
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$3,967,640
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$7,578,464
Value of total assets at end of year	2013-12-31	$31,429,193
Value of total assets at beginning of year	2013-12-31	$22,533,069
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$93,937
Total interest from all sources	2013-12-31	$30,201
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$636,504
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$636,504
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$5,070,139
Participant contributions at end of year	2013-12-31	$1,045,150
Participant contributions at beginning of year	2013-12-31	$730,210
Participant contributions at end of year	2013-12-31	$152,357
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$639,848
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$39,062
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$100,130
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$8,965,180
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$31,375,915
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$22,410,735
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$26,992,264
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$18,860,138
Interest on participant loans	2013-12-31	$30,201
Value of interest in common/collective trusts at end of year	2013-12-31	$3,181,247
Value of interest in common/collective trusts at beginning of year	2013-12-31	$2,724,707
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$213,929
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$213,929
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$4,781,588
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$1,868,477
Employer contributions (assets) at end of year	2013-12-31	$58,175
Employer contributions (assets) at beginning of year	2013-12-31	$4,085
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$3,967,640
Contract administrator fees	2013-12-31	$93,937
Liabilities. Value of benefit claims payable at end of year	2013-12-31	$14,216
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$22,204
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	PANNELL KERR FORTSER OF TEXAS PC
Accountancy firm EIN	2013-12-31	760356844
2012 : VALERUS 401(K) SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$122,334
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$92,579
Total income from all sources (including contributions)	2012-12-31	$8,971,662
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$3,812,127
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$3,792,501
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$6,803,293
Value of total assets at end of year	2012-12-31	$22,533,069
Value of total assets at beginning of year	2012-12-31	$17,343,779
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$19,626
Total interest from all sources	2012-12-31	$24,318
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$475,079
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$475,079
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$4,623,831
Participant contributions at end of year	2012-12-31	$730,210
Participant contributions at beginning of year	2012-12-31	$586,737
Participant contributions at beginning of year	2012-12-31	$148,933
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$547,097
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$100,130
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$80,612
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$5,159,535
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$22,410,735
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$17,251,200
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$18,860,138
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$13,875,316
Interest on participant loans	2012-12-31	$24,318
Value of interest in common/collective trusts at end of year	2012-12-31	$2,724,707
Value of interest in common/collective trusts at beginning of year	2012-12-31	$2,673,580
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$213,929
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$329
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$329
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,668,972
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$1,632,365
Employer contributions (assets) at end of year	2012-12-31	$4,085
Employer contributions (assets) at beginning of year	2012-12-31	$58,884
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$3,792,501
Contract administrator fees	2012-12-31	$19,626
Liabilities. Value of benefit claims payable at end of year	2012-12-31	$22,204
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$11,967
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	PANNELL KERR FORTSER OF TEXAS PC
Accountancy firm EIN	2012-12-31	760356844
2011 : VALERUS 401(K) SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$5,962,291
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$3,599,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$3,595,960
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$6,300,772
Value of total assets at end of year	2011-12-31	$17,343,779
Value of total assets at beginning of year	2011-12-31	$14,980,823
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$3,375
Total interest from all sources	2011-12-31	$21,536
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$181,752
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$181,752
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$4,155,174
Participant contributions at end of year	2011-12-31	$586,737
Participant contributions at beginning of year	2011-12-31	$564,059
Participant contributions at end of year	2011-12-31	$148,933
Participant contributions at beginning of year	2011-12-31	$115,107
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$570,740
Administrative expenses (other) incurred	2011-12-31	$3,375
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$2,362,956
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$17,343,779
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$14,980,823
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$13,875,316
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$12,221,067
Interest on participant loans	2011-12-31	$21,536
Value of interest in common/collective trusts at end of year	2011-12-31	$2,673,580
Value of interest in common/collective trusts at beginning of year	2011-12-31	$1,909,895
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$329
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$126,304
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$126,304
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-569,245
Net investment gain or loss from common/collective trusts	2011-12-31	$27,476
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$1,574,858
Employer contributions (assets) at end of year	2011-12-31	$58,884
Employer contributions (assets) at beginning of year	2011-12-31	$44,391
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$3,595,960
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	PANNELL KERR FORSTER OF TEXAS PC
Accountancy firm EIN	2011-12-31	760356844
2010 : VALERUS 401(K) SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$5,977,508
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$1,394,033
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,384,078
Value of total corrective distributions	2010-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$4,362,742
Value of total assets at end of year	2010-12-31	$14,980,823
Value of total assets at beginning of year	2010-12-31	$10,397,348
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$9,955
Total interest from all sources	2010-12-31	$16,832
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$168,065
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$168,065
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$2,613,088
Participant contributions at end of year	2010-12-31	$564,059
Participant contributions at beginning of year	2010-12-31	$455,653
Participant contributions at end of year	2010-12-31	$115,107
Participant contributions at beginning of year	2010-12-31	$168,904
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$1,057,846
Other income not declared elsewhere	2010-12-31	$28,687
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$4,583,475
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$14,980,823
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$10,397,348
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$12,221,067
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$8,458,025
Interest on participant loans	2010-12-31	$16,832
Value of interest in common/collective trusts at end of year	2010-12-31	$1,909,895
Value of interest in common/collective trusts at beginning of year	2010-12-31	$1,245,582
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$126,304
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$367
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$367
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,344,273
Net investment gain or loss from common/collective trusts	2010-12-31	$56,909
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$691,808
Employer contributions (assets) at end of year	2010-12-31	$44,391
Employer contributions (assets) at beginning of year	2010-12-31	$68,817
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,384,078
Contract administrator fees	2010-12-31	$9,955
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	PANNELL KERR FORSTER OF TEXAS PC
Accountancy firm EIN	2010-12-31	760356844
2009 : VALERUS 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for VALERUS 401(K) SAVINGS PLAN

2013: VALERUS 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: VALERUS 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: VALERUS 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: VALERUS 401(K) SAVINGS PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: VALERUS 401(K) SAVINGS 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	Yes
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

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Company Name:	AXIP SERVICES COMPANY, LLC
Employer identification number (EIN):	263632807
NAIC Classification:	221210
NAIC Description:	Natural Gas Distribution

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2008-10-29
Company Identification Number:	0801046109
Legal Registered Office Address:	919 MILAM ST STE 1000 HOUSTON United States of America (USA) 77002