FERNCO, INC. has sponsored the creation of one or more 401k plans.
Additional information about FERNCO, INC.
Submission information for form 5500 for 401k plan FERNCO, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : FERNCO, INC. PROFIT SHARING PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $2,336 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $2,464 |
| Total income from all sources (including contributions) | 2023-12-31 | $7,412,654 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $3,779,332 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $3,762,921 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $5,682 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,339,839 |
| Value of total assets at end of year | 2023-12-31 | $37,452,157 |
| Value of total assets at beginning of year | 2023-12-31 | $33,818,963 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $10,729 |
| Total interest from all sources | 2023-12-31 | $32,685 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,014,874 |
| Participant contributions at end of year | 2023-12-31 | $550,745 |
| Participant contributions at beginning of year | 2023-12-31 | $425,225 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $31,269 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $0 |
| Other income not declared elsewhere | 2023-12-31 | $204,044 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Income. Non cash contributions | 2023-12-31 | $0 |
| Value of net income/loss | 2023-12-31 | $3,633,322 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $37,449,821 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $33,816,499 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $28,759,617 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $25,120,729 |
| Interest on participant loans | 2023-12-31 | $32,685 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $6,848,099 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $7,062,122 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $4,836,086 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,293,696 |
| Employer contributions (assets) at end of year | 2023-12-31 | $1,293,696 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $1,210,887 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $3,762,921 |
| Contract administrator fees | 2023-12-31 | $2,737 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $2,336 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $2,464 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2023-12-31 | 381357951 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $2,336 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $2,464 |
| Total income from all sources (including contributions) | 2023-01-01 | $7,412,654 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $3,779,332 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $3,762,921 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $5,682 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,339,839 |
| Value of total assets at end of year | 2023-01-01 | $37,452,157 |
| Value of total assets at beginning of year | 2023-01-01 | $33,818,963 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $10,729 |
| Total interest from all sources | 2023-01-01 | $32,685 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,014,874 |
| Participant contributions at end of year | 2023-01-01 | $550,745 |
| Participant contributions at beginning of year | 2023-01-01 | $425,225 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $31,269 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $0 |
| Other income not declared elsewhere | 2023-01-01 | $204,044 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Income. Non cash contributions | 2023-01-01 | $0 |
| Value of net income/loss | 2023-01-01 | $3,633,322 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $37,449,821 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $33,816,499 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $28,759,617 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $25,120,729 |
| Interest on participant loans | 2023-01-01 | $32,685 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $6,848,099 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $7,062,122 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $4,836,086 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,293,696 |
| Employer contributions (assets) at end of year | 2023-01-01 | $1,293,696 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $1,210,887 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $3,762,921 |
| Contract administrator fees | 2023-01-01 | $2,737 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $2,336 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $2,464 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2023-01-01 | 381357951 |
| 2022 : FERNCO, INC. PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,464 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $47,608 |
| Total income from all sources (including contributions) | 2022-12-31 | $-2,976,048 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,416,550 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,407,297 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $1,286 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,431,918 |
| Value of total assets at end of year | 2022-12-31 | $33,818,963 |
| Value of total assets at beginning of year | 2022-12-31 | $38,256,705 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $7,967 |
| Total interest from all sources | 2022-12-31 | $25,304 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $964,286 |
| Participant contributions at end of year | 2022-12-31 | $425,225 |
| Participant contributions at beginning of year | 2022-12-31 | $388,129 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $256,350 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $55 |
| Other income not declared elsewhere | 2022-12-31 | $216,803 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-4,392,598 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $33,816,499 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $38,209,097 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $25,120,729 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $29,539,891 |
| Interest on participant loans | 2022-12-31 | $25,304 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $7,062,122 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $7,236,170 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-5,650,073 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $1,211,282 |
| Employer contributions (assets) at end of year | 2022-12-31 | $1,210,887 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $1,092,515 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,407,297 |
| Contract administrator fees | 2022-12-31 | $7,967 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $2,464 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $47,553 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2022-12-31 | 381357951 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $2,464 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $47,608 |
| Total income from all sources (including contributions) | 2022-01-01 | $-2,976,048 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,416,550 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,407,297 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $1,286 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,431,918 |
| Value of total assets at end of year | 2022-01-01 | $33,818,963 |
| Value of total assets at beginning of year | 2022-01-01 | $38,256,705 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $7,967 |
| Total interest from all sources | 2022-01-01 | $25,304 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $964,286 |
| Participant contributions at end of year | 2022-01-01 | $425,225 |
| Participant contributions at beginning of year | 2022-01-01 | $388,129 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $256,350 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $55 |
| Other income not declared elsewhere | 2022-01-01 | $216,803 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-4,392,598 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $33,816,499 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $38,209,097 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $25,120,729 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $29,539,891 |
| Interest on participant loans | 2022-01-01 | $25,304 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $7,062,122 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $7,236,170 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-5,650,073 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $1,211,282 |
| Employer contributions (assets) at end of year | 2022-01-01 | $1,210,887 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $1,092,515 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,407,297 |
| Contract administrator fees | 2022-01-01 | $7,967 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $2,464 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $47,553 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2022-01-01 | 381357951 |
| 2021 : FERNCO, INC. PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $47,608 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $44,939 |
| Total income from all sources (including contributions) | 2021-12-31 | $6,543,633 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,131,878 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,124,348 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,301,526 |
| Value of total assets at end of year | 2021-12-31 | $38,256,705 |
| Value of total assets at beginning of year | 2021-12-31 | $32,842,281 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $7,530 |
| Total interest from all sources | 2021-12-31 | $24,340 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $868,901 |
| Participant contributions at end of year | 2021-12-31 | $388,129 |
| Participant contributions at beginning of year | 2021-12-31 | $371,980 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $339,265 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $55 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $1,107 |
| Other income not declared elsewhere | 2021-12-31 | $186,973 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Income. Non cash contributions | 2021-12-31 | $0 |
| Value of net income/loss | 2021-12-31 | $5,411,755 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $38,209,097 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $32,797,342 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $29,539,891 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $25,607,483 |
| Interest on participant loans | 2021-12-31 | $24,340 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $7,236,170 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $5,831,312 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $4,030,794 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $1,093,360 |
| Employer contributions (assets) at end of year | 2021-12-31 | $1,092,515 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $1,031,506 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,124,348 |
| Contract administrator fees | 2021-12-31 | $7,530 |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $47,553 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $43,832 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2021-12-31 | 381357951 |
| 2020 : FERNCO, INC. PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $44,939 |
| 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 | $5,727,444 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $795,371 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $789,901 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,767,829 |
| Value of total assets at end of year | 2020-12-31 | $32,842,281 |
| Value of total assets at beginning of year | 2020-12-31 | $27,865,269 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $5,470 |
| Total interest from all sources | 2020-12-31 | $30,057 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $736,314 |
| Participant contributions at end of year | 2020-12-31 | $371,980 |
| Participant contributions at beginning of year | 2020-12-31 | $479,229 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $43,832 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $1,107 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $207,844 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $4,932,073 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $32,797,342 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $27,865,269 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $25,607,483 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $21,540,440 |
| Interest on participant loans | 2020-12-31 | $30,057 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $5,831,312 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $4,925,295 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $3,721,714 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $1,031,515 |
| Employer contributions (assets) at end of year | 2020-12-31 | $1,031,506 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $920,305 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $746,069 |
| Contract administrator fees | 2020-12-31 | $5,470 |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $43,832 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2020-12-31 | 381357951 |
| 2019 : FERNCO, INC. PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| 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 | $49 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $49 |
| Total income from all sources (including contributions) | 2019-12-31 | $5,874,141 |
| Total income from all sources (including contributions) | 2019-12-31 | $5,874,141 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,257,076 |
| Total of all expenses incurred | 2019-12-31 | $1,257,076 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,250,986 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,250,986 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,595,306 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,595,306 |
| Value of total assets at end of year | 2019-12-31 | $27,865,269 |
| Value of total assets at end of year | 2019-12-31 | $27,865,269 |
| Value of total assets at beginning of year | 2019-12-31 | $23,248,253 |
| Value of total assets at beginning of year | 2019-12-31 | $23,248,253 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $6,090 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $6,090 |
| Total interest from all sources | 2019-12-31 | $30,669 |
| Total interest from all sources | 2019-12-31 | $30,669 |
| 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 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| 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 | $500,000 |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| 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 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| 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 | $675,000 |
| Contributions received from participants | 2019-12-31 | $675,000 |
| Participant contributions at end of year | 2019-12-31 | $479,229 |
| Participant contributions at end of year | 2019-12-31 | $479,229 |
| Participant contributions at beginning of year | 2019-12-31 | $465,923 |
| Participant contributions at beginning of year | 2019-12-31 | $465,923 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $49 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $49 |
| 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 | $4,617,065 |
| Value of net income/loss | 2019-12-31 | $4,617,065 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $27,865,269 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $27,865,269 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $23,248,204 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $23,248,204 |
| 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 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $21,540,440 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $21,540,440 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $17,162,293 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $17,162,293 |
| Interest on participant loans | 2019-12-31 | $30,669 |
| Interest on participant loans | 2019-12-31 | $30,669 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $4,925,295 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $4,925,295 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $4,820,949 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $4,820,949 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,106,937 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,106,937 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $141,229 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $141,229 |
| 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 |
| Contributions received in cash from employer | 2019-12-31 | $920,306 |
| Contributions received in cash from employer | 2019-12-31 | $920,306 |
| Employer contributions (assets) at end of year | 2019-12-31 | $920,305 |
| Employer contributions (assets) at end of year | 2019-12-31 | $920,305 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $799,088 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $799,088 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,250,986 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,250,986 |
| Contract administrator fees | 2019-12-31 | $6,090 |
| Contract administrator fees | 2019-12-31 | $6,090 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 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 | 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 | No |
| 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 | PLANTE & MORAN, PLLC |
| Accountancy firm name | 2019-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2019-12-31 | 381357951 |
| Accountancy firm EIN | 2019-12-31 | 381357951 |
| 2018 : FERNCO, INC. PROFIT SHARING PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $49 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $72 |
| Total income from all sources (including contributions) | 2018-12-31 | $411,536 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $868,495 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $862,098 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,412,477 |
| Value of total assets at end of year | 2018-12-31 | $23,248,253 |
| Value of total assets at beginning of year | 2018-12-31 | $23,705,235 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $6,397 |
| Total interest from all sources | 2018-12-31 | $20,158 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| 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 | $500,000 |
| 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 | $584,312 |
| Participant contributions at end of year | 2018-12-31 | $465,923 |
| Participant contributions at beginning of year | 2018-12-31 | $381,938 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $29,077 |
| Other income not declared elsewhere | 2018-12-31 | $129,043 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $49 |
| 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 |
| Income. Non cash contributions | 2018-12-31 | $0 |
| Value of net income/loss | 2018-12-31 | $-456,959 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $23,248,204 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $23,705,163 |
| 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 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $17,162,293 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $18,405,916 |
| Interest on participant loans | 2018-12-31 | $20,158 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $4,820,949 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $4,173,908 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-1,150,142 |
| 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 | $799,088 |
| Employer contributions (assets) at end of year | 2018-12-31 | $799,088 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $743,473 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $862,098 |
| Contract administrator fees | 2018-12-31 | $6,397 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $72 |
| 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 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2018-12-31 | 381357951 |
| 2017 : FERNCO, INC. PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $72 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $72 |
| Total income from all sources (including contributions) | 2017-12-31 | $4,290,064 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $1,497,836 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,491,847 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,285,548 |
| Value of total assets at end of year | 2017-12-31 | $23,705,235 |
| Value of total assets at beginning of year | 2017-12-31 | $20,913,007 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $5,989 |
| Total interest from all sources | 2017-12-31 | $19,981 |
| 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 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $542,014 |
| Participant contributions at end of year | 2017-12-31 | $381,938 |
| Participant contributions at beginning of year | 2017-12-31 | $454,521 |
| Participant contributions at beginning of year | 2017-12-31 | $91 |
| Other income not declared elsewhere | 2017-12-31 | $119,570 |
| 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 | $2,792,228 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $23,705,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $20,912,935 |
| 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 pooled separate accounts at end of year | 2017-12-31 | $18,405,916 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $15,875,697 |
| Interest on participant loans | 2017-12-31 | $19,947 |
| Interest earned on other investments | 2017-12-31 | $34 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $4,173,908 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $3,940,495 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $2,864,965 |
| 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 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $743,534 |
| Employer contributions (assets) at end of year | 2017-12-31 | $743,473 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $642,203 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,491,847 |
| Contract administrator fees | 2017-12-31 | $5,989 |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $72 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $72 |
| 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 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2017-12-31 | 381357951 |
| 2016 : FERNCO, INC. PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $72 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $72 |
| Total income from all sources (including contributions) | 2016-12-31 | $2,402,449 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $619,013 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $582,219 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $18,834 |
| Value of total corrective distributions | 2016-12-31 | $12,780 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,132,198 |
| Value of total assets at end of year | 2016-12-31 | $20,913,007 |
| Value of total assets at beginning of year | 2016-12-31 | $19,129,571 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $5,180 |
| Total interest from all sources | 2016-12-31 | $16,623 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $468,254 |
| Participant contributions at end of year | 2016-12-31 | $454,521 |
| Participant contributions at beginning of year | 2016-12-31 | $588,210 |
| Participant contributions at end of year | 2016-12-31 | $91 |
| Participant contributions at beginning of year | 2016-12-31 | $18,121 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $20,269 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $10 |
| Other income not declared elsewhere | 2016-12-31 | $106,377 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,783,436 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $20,912,935 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $19,129,499 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $15,875,697 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $14,872,250 |
| Interest on participant loans | 2016-12-31 | $16,623 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $3,940,495 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $3,159,878 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $1,147,251 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $643,675 |
| Employer contributions (assets) at end of year | 2016-12-31 | $642,203 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $491,102 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $582,219 |
| Contract administrator fees | 2016-12-31 | $5,180 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $72 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $72 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2016-12-31 | 381357951 |
| 2015 : FERNCO, INC. PROFIT SHARING PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $72 |
| 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 | $1,092,250 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $2,457,529 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,451,264 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $927,373 |
| Value of total assets at end of year | 2015-12-31 | $19,129,571 |
| Value of total assets at beginning of year | 2015-12-31 | $20,494,778 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $6,265 |
| Total interest from all sources | 2015-12-31 | $20,505 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $393,101 |
| Participant contributions at end of year | 2015-12-31 | $588,210 |
| Participant contributions at beginning of year | 2015-12-31 | $712,360 |
| Participant contributions at end of year | 2015-12-31 | $18,121 |
| Participant contributions at beginning of year | 2015-12-31 | $818 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $43,170 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $10 |
| Other income not declared elsewhere | 2015-12-31 | $94,197 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Income. Non cash contributions | 2015-12-31 | $0 |
| Value of net income/loss | 2015-12-31 | $-1,365,279 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $19,129,499 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $20,494,778 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $14,872,250 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $15,407,957 |
| Interest on participant loans | 2015-12-31 | $20,505 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $3,159,878 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $3,840,010 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $50,175 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $491,102 |
| Employer contributions (assets) at end of year | 2015-12-31 | $491,102 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $533,633 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,451,264 |
| Contract administrator fees | 2015-12-31 | $6,265 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $72 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2015-12-31 | 381357951 |
| 2014 : FERNCO, INC. PROFIT SHARING PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $2,099,062 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $2,273,553 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,265,133 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $951,792 |
| Value of total assets at end of year | 2014-12-31 | $20,494,778 |
| Value of total assets at beginning of year | 2014-12-31 | $20,669,269 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $8,420 |
| Total interest from all sources | 2014-12-31 | $21,846 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $413,752 |
| Participant contributions at end of year | 2014-12-31 | $712,360 |
| Participant contributions at beginning of year | 2014-12-31 | $648,069 |
| Participant contributions at end of year | 2014-12-31 | $818 |
| Participant contributions at beginning of year | 2014-12-31 | $3,524 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $4,407 |
| Other income not declared elsewhere | 2014-12-31 | $115,696 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $-174,491 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $20,494,778 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $20,669,269 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $15,407,957 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $15,428,985 |
| Interest on participant loans | 2014-12-31 | $21,846 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $3,840,010 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $3,999,641 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $1,009,728 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $533,633 |
| Employer contributions (assets) at end of year | 2014-12-31 | $533,633 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $589,050 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $2,265,133 |
| Contract administrator fees | 2014-12-31 | $8,420 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | PLANTE & M ORAN, PLLC |
| Accountancy firm EIN | 2014-12-31 | 381357951 |
| 2013 : FERNCO, INC. PROFIT SHARING 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 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $21 |
| Total income from all sources (including contributions) | 2013-12-31 | $3,676,186 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $1,023,026 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,015,341 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,028,763 |
| Value of total assets at end of year | 2013-12-31 | $20,669,269 |
| Value of total assets at beginning of year | 2013-12-31 | $18,016,130 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $7,685 |
| Total interest from all sources | 2013-12-31 | $19,424 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| 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 | $434,322 |
| Participant contributions at end of year | 2013-12-31 | $648,069 |
| Participant contributions at beginning of year | 2013-12-31 | $581,855 |
| Participant contributions at end of year | 2013-12-31 | $3,524 |
| Participant contributions at beginning of year | 2013-12-31 | $1,353 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $4,494 |
| Other income not declared elsewhere | 2013-12-31 | $112,511 |
| 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 |
| Income. Non cash contributions | 2013-12-31 | $0 |
| Value of net income/loss | 2013-12-31 | $2,653,160 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $20,669,269 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $18,016,109 |
| 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 pooled separate accounts at end of year | 2013-12-31 | $15,428,985 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $13,298,145 |
| Interest on participant loans | 2013-12-31 | $19,424 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $3,999,641 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $3,604,113 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $2,515,488 |
| 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 | No |
| 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 | $589,947 |
| Employer contributions (assets) at end of year | 2013-12-31 | $589,050 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $530,664 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,015,341 |
| Contract administrator fees | 2013-12-31 | $7,685 |
| Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $21 |
| 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 | PLANTE AND MORAN, PLLC |
| Accountancy firm EIN | 2013-12-31 | 381357951 |
| 2012 : FERNCO, INC. PROFIT SHARING 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 | $21 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $2,737,375 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $553,434 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $542,419 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $931,179 |
| Value of total assets at end of year | 2012-12-31 | $18,016,130 |
| Value of total assets at beginning of year | 2012-12-31 | $15,832,168 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $11,015 |
| Total interest from all sources | 2012-12-31 | $20,479 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $387,110 |
| Participant contributions at end of year | 2012-12-31 | $581,855 |
| Participant contributions at beginning of year | 2012-12-31 | $625,506 |
| Participant contributions at end of year | 2012-12-31 | $1,353 |
| Participant contributions at beginning of year | 2012-12-31 | $5,253 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $8,458 |
| Other income not declared elsewhere | 2012-12-31 | $101,077 |
| Administrative expenses (other) incurred | 2012-12-31 | $3,325 |
| 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 |
| Income. Non cash contributions | 2012-12-31 | $0 |
| Value of net income/loss | 2012-12-31 | $2,183,941 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $18,016,109 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $15,832,168 |
| 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 pooled separate accounts at end of year | 2012-12-31 | $13,298,145 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $12,422,019 |
| Interest on participant loans | 2012-12-31 | $20,379 |
| Interest earned on other investments | 2012-12-31 | $100 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $3,604,113 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $2,422,663 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $1,684,640 |
| 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 | $535,611 |
| Employer contributions (assets) at end of year | 2012-12-31 | $530,664 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $356,727 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $542,419 |
| Contract administrator fees | 2012-12-31 | $7,690 |
| Liabilities. Value of benefit claims payable at end of year | 2012-12-31 | $21 |
| 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 | PLANTE AND MORAN, PLLC |
| Accountancy firm EIN | 2012-12-31 | 381357951 |
| 2011 : FERNCO, INC. PROFIT SHARING 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 | $714,214 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $646,091 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $626,948 |
| Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $1,121 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $808,535 |
| Value of total assets at end of year | 2011-12-31 | $15,832,168 |
| Value of total assets at beginning of year | 2011-12-31 | $15,764,045 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $18,022 |
| Total interest from all sources | 2011-12-31 | $13,312 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| 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 | $321,470 |
| Participant contributions at end of year | 2011-12-31 | $625,506 |
| Participant contributions at beginning of year | 2011-12-31 | $275,863 |
| Participant contributions at end of year | 2011-12-31 | $5,253 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $125,261 |
| Other income not declared elsewhere | 2011-12-31 | $69,577 |
| Administrative expenses (other) incurred | 2011-12-31 | $5,077 |
| 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 |
| Income. Non cash contributions | 2011-12-31 | $0 |
| Value of net income/loss | 2011-12-31 | $68,123 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $15,832,168 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $15,764,045 |
| 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 |
| Investment advisory and management fees | 2011-12-31 | $12,945 |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $12,422,019 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $12,869,127 |
| Interest on participant loans | 2011-12-31 | $13,312 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $2,422,663 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $2,264,577 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-177,210 |
| 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 | $361,804 |
| Employer contributions (assets) at end of year | 2011-12-31 | $356,727 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $354,478 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $626,948 |
| 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 | PLANTE AND MORAN |
| Accountancy firm EIN | 2011-12-31 | 381357951 |
| 2010 : FERNCO, INC. PROFIT SHARING 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 | $2,292,223 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $337,553 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $327,925 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $642,184 |
| Value of total assets at end of year | 2010-12-31 | $15,764,045 |
| Value of total assets at beginning of year | 2010-12-31 | $13,809,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $9,628 |
| Total interest from all sources | 2010-12-31 | $80,927 |
| 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 | $500,000 |
| 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 | $283,654 |
| Participant contributions at end of year | 2010-12-31 | $275,863 |
| Participant contributions at beginning of year | 2010-12-31 | $233,116 |
| Participant contributions at beginning of year | 2010-12-31 | $371 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $115 |
| Administrative expenses (other) incurred | 2010-12-31 | $3,923 |
| 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 | $1,954,670 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $15,764,045 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $13,809,375 |
| 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 |
| Investment advisory and management fees | 2010-12-31 | $5,705 |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $12,869,127 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $11,001,749 |
| Interest on participant loans | 2010-12-31 | $11,478 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $69,449 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $2,264,577 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $2,229,827 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $1,569,112 |
| 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 | $358,415 |
| Employer contributions (assets) at end of year | 2010-12-31 | $354,478 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $344,312 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $327,925 |
| 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 | PLANTE AND MORAN |
| Accountancy firm EIN | 2010-12-31 | 381357951 |
| 2009 : FERNCO, INC. PROFIT SHARING 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 |
