JET STAR, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan JET STAR, INC. 401(K) SALARY REDUCTION PLAN & TRUST
401k plan membership statisitcs for JET STAR, INC. 401(K) SALARY REDUCTION PLAN & TRUST
Measure | Date | Value |
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2011 : JET STAR, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2011 401k financial data |
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Total income from all sources (including contributions) | 2011-12-31 | $55,127 |
Total of all expenses incurred | 2011-12-31 | $907,952 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $889,324 |
Value of total corrective distributions | 2011-12-31 | $13,223 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $79,648 |
Value of total assets at end of year | 2011-12-31 | $1,320,661 |
Value of total assets at beginning of year | 2011-12-31 | $2,173,486 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $5,405 |
Total income from all sources | 2011-12-31 | $55,127 |
Expenses. Total of all expenses incurred | 2011-12-31 | $907,952 |
Benefits paid (including direct rollovers) | 2011-12-31 | $889,324 |
Total plan assets at end of year | 2011-12-31 | $1,320,661 |
Total plan assets at beginning of year | 2011-12-31 | $2,173,486 |
Value of fidelity bond covering the plan | 2011-12-31 | $1,000,000 |
Total contributions received or receivable from participants | 2011-12-31 | $77,950 |
Other income received | 2011-12-31 | $-24,521 |
Net income (gross income less expenses) | 2011-12-31 | $-852,825 |
Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $1,320,661 |
Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,173,486 |
Total contributions received or receivable from employer(s) | 2011-12-31 | $1,698 |
Value of corrective distributions | 2011-12-31 | $13,223 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $5,405 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $910 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $77,950 |
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 | $-852,825 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $1,320,661 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,173,486 |
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 pooled separate accounts at end of year | 2011-12-31 | $1,320,661 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $2,167,015 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $2,797 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $2,797 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-24,521 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $1,698 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $3,674 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $889,324 |
Contract administrator fees | 2011-12-31 | $4,495 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
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 |
2010 : JET STAR, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2010 401k financial data |
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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 | $426,183 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $618,219 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $600,590 |
Value of total corrective distributions | 2010-12-31 | $15,989 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $131,557 |
Value of total assets at end of year | 2010-12-31 | $2,173,486 |
Value of total assets at beginning of year | 2010-12-31 | $2,365,522 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,640 |
Total interest from all sources | 2010-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $128,710 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $2,847 |
Administrative expenses (other) incurred | 2010-12-31 | $1,640 |
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 | $-192,036 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,173,486 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,365,522 |
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 pooled separate accounts at end of year | 2010-12-31 | $2,167,015 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $2,364,121 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $2,797 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $1,401 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $1,401 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $294,626 |
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 |
Employer contributions (assets) at end of year | 2010-12-31 | $3,674 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $600,590 |
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 | KATZ, SAPPER & MILLER LLP |
Accountancy firm EIN | 2010-12-31 | 351090346 |