401k Plan data: KATS KARPET INC PROFIT SHARING PLAN plan

KATS KARPET INC PROFIT SHARING PLAN 401k Plan overview

Plan Name	KATS KARPET INC PROFIT SHARING PLAN
Plan identification number	001

KATS KARPET INC PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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

KATS KARPET INC has sponsored the creation of one or more 401k plans.

Company Name: KATS KARPET INC

Employer identification number (EIN): 352182669

NAIC Classification: 442210
NAIC Description: Floor Covering Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KATS KARPET INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 DORIS BARTON 2013-02-23
001 2011-01-01 DORIS BARTON
001 2009-01-01 DORIS BARTON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2012-01-01	DORIS BARTON	2013-02-23
001	2011-01-01	DORIS BARTON
001	2009-01-01	DORIS BARTON

Plan Statistics for KATS KARPET INC PROFIT SHARING PLAN

401k plan membership statisitcs for KATS KARPET INC PROFIT SHARING PLAN

Measure Date Value
2011: KATS KARPET INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 12
Total of all active and inactive participants 2011-01-01 12
Total participants 2011-01-01 12
Number of participants with account balances 2011-01-01 6
2009: KATS KARPET INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 11
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 2
Total of all active and inactive participants 2009-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 13
Number of participants with account balances 2009-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2011: KATS KARPET INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	12
Total of all active and inactive participants	2011-01-01	12
Total participants	2011-01-01	12
Number of participants with account balances	2011-01-01	6
2009: KATS KARPET INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	11
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	2
Total of all active and inactive participants	2009-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	13
Number of participants with account balances	2009-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on KATS KARPET INC PROFIT SHARING PLAN

Measure	Date	Value
2011 : KATS KARPET INC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$13,470
Expenses. Total of all expenses incurred	2011-12-31	$67,327
Benefits paid (including direct rollovers)	2011-12-31	$63,122
Total plan assets at end of year	2011-12-31	$212,489
Total plan assets at beginning of year	2011-12-31	$266,346
Value of fidelity bond covering the plan	2011-12-31	$100,000
Total contributions received or receivable from participants	2011-12-31	$6,415
Other income received	2011-12-31	$6,798
Net income (gross income less expenses)	2011-12-31	$-53,857
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$212,489
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$266,346
Total contributions received or receivable from employer(s)	2011-12-31	$257
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$4,205
2010 : KATS KARPET INC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$36,441
Expenses. Total of all expenses incurred	2010-12-31	$8,534
Benefits paid (including direct rollovers)	2010-12-31	$2,668
Total plan assets at end of year	2010-12-31	$266,346
Total plan assets at beginning of year	2010-12-31	$238,439
Value of fidelity bond covering the plan	2010-12-31	$100,000
Total contributions received or receivable from participants	2010-12-31	$7,143
Other income received	2010-12-31	$29,012
Net income (gross income less expenses)	2010-12-31	$27,907
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$266,346
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$238,439
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2010-12-31	$2,610
Total contributions received or receivable from employer(s)	2010-12-31	$286
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$5,866

Form 5500 Responses for KATS KARPET INC PROFIT SHARING PLAN

2011: KATS KARPET INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: KATS KARPET INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	This submission is the final filing	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	KATS KARPET INC
Employer identification number (EIN):	352182669
NAIC Classification:	442210
NAIC Description:	Floor Covering Stores