401k Plan data: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN plan

VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
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

VALLEY WEST OIL, INC. has sponsored the creation of one or more 401k plans.

Company Name: VALLEY WEST OIL, INC.

Employer identification number (EIN): 421054730

NAIC Classification: 447100
NAIC Description: Gasoline Stations, Gas

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-04-01 SUSAN STAUDENMAIER 2012-02-17 SUSAN STAUDENMAIER 2012-02-17
001 2010-04-01 SUSAN STAUDENMAIER SUSAN STAUDENMAIER 2012-01-16
001 2009-04-01 AMY RIDGWAY AMY RIDGWAY 2011-01-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-04-01	SUSAN STAUDENMAIER	2012-02-17	SUSAN STAUDENMAIER	2012-02-17
001	2010-04-01	SUSAN STAUDENMAIER		SUSAN STAUDENMAIER	2012-01-16
001	2009-04-01	AMY RIDGWAY		AMY RIDGWAY	2011-01-14

Plan Statistics for VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2010: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-04-01 37
Total number of active participants reported on line 7a of the Form 5500 2010-04-01 5
Number of retired or separated participants receiving benefits 2010-04-01 0
Number of other retired or separated participants entitled to future benefits 2010-04-01 24
Total of all active and inactive participants 2010-04-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-04-01 0
Total participants 2010-04-01 29
Number of participants with account balances 2010-04-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-04-01 0
2009: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-04-01 34
Total number of active participants reported on line 7a of the Form 5500 2009-04-01 25
Number of retired or separated participants receiving benefits 2009-04-01 0
Number of other retired or separated participants entitled to future benefits 2009-04-01 12
Total of all active and inactive participants 2009-04-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-04-01 0
Total participants 2009-04-01 37
Number of participants with account balances 2009-04-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-04-01 0

Measure	Date	Value
2010: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-04-01	37
Total number of active participants reported on line 7a of the Form 5500	2010-04-01	5
Number of retired or separated participants receiving benefits	2010-04-01	0
Number of other retired or separated participants entitled to future benefits	2010-04-01	24
Total of all active and inactive participants	2010-04-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-04-01	0
Total participants	2010-04-01	29
Number of participants with account balances	2010-04-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-04-01	0
2009: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-04-01	34
Total number of active participants reported on line 7a of the Form 5500	2009-04-01	25
Number of retired or separated participants receiving benefits	2009-04-01	0
Number of other retired or separated participants entitled to future benefits	2009-04-01	12
Total of all active and inactive participants	2009-04-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-04-01	0
Total participants	2009-04-01	37
Number of participants with account balances	2009-04-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-04-01	0

Financial Data on VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2011 : VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan	2011-03-31	$0
Total plan liabilities at end of year	2011-03-31	$0
Total plan liabilities at beginning of year	2011-03-31	$0
Total income from all sources	2011-03-31	$64,062
Expenses. Total of all expenses incurred	2011-03-31	$245,236
Benefits paid (including direct rollovers)	2011-03-31	$234,312
Total plan assets at end of year	2011-03-31	$330,801
Total plan assets at beginning of year	2011-03-31	$511,975
Value of fidelity bond covering the plan	2011-03-31	$65,000
Total contributions received or receivable from participants	2011-03-31	$6,654
Expenses. Other expenses not covered elsewhere	2011-03-31	$0
Contributions received from other sources (not participants or employers)	2011-03-31	$0
Other income received	2011-03-31	$56,435
Noncash contributions received	2011-03-31	$0
Net income (gross income less expenses)	2011-03-31	$-181,174
Net plan assets at end of year (total assets less liabilities)	2011-03-31	$330,801
Net plan assets at beginning of year (total assets less liabilities)	2011-03-31	$511,975
Assets. Value of participant loans	2011-03-31	$1,524
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	2011-03-31	$323
Total contributions received or receivable from employer(s)	2011-03-31	$973
Value of certain deemed distributions of participant loans	2011-03-31	$0
Value of corrective distributions	2011-03-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-03-31	$10,924
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-03-31	$0
2010 : VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-03-31	$0
2009 : VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Transfers to/from the plan	2009-03-31	$0
Total plan liabilities at end of year	2009-03-31	$0
Total plan liabilities at beginning of year	2009-03-31	$0
Total income from all sources	2009-03-31	$-135,161
Expenses. Total of all expenses incurred	2009-03-31	$36,835
Benefits paid (including direct rollovers)	2009-03-31	$28,882
Total plan assets at end of year	2009-03-31	$387,321
Total plan assets at beginning of year	2009-03-31	$559,317
Value of fidelity bond covering the plan	2009-03-31	$65,000
Total contributions received or receivable from participants	2009-03-31	$20,491
Assets. Value of loans (other than to participants)	2009-03-31	$176,185
Expenses. Other expenses not covered elsewhere	2009-03-31	$0
Contributions received from other sources (not participants or employers)	2009-03-31	$0
Other income received	2009-03-31	$-163,460
Noncash contributions received	2009-03-31	$0
Net income (gross income less expenses)	2009-03-31	$-171,996
Net plan assets at end of year (total assets less liabilities)	2009-03-31	$387,321
Net plan assets at beginning of year (total assets less liabilities)	2009-03-31	$559,317
Assets. Value of participant loans	2009-03-31	$5,236
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	2009-03-31	$20,168
Total contributions received or receivable from employer(s)	2009-03-31	$7,808
Value of certain deemed distributions of participant loans	2009-03-31	$0
Value of corrective distributions	2009-03-31	$2,861
Expenses. Administrative service providers (salaries,fees and commissions)	2009-03-31	$5,092

Form 5500 Responses for VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN

2010: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-04-01	Type of plan entity	Single employer plan
2010-04-01	Submission has been amended	No
2010-04-01	This submission is the final filing	No
2010-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-04-01	Plan is a collectively bargained plan	No
2010-04-01	Plan funding arrangement – Insurance	Yes
2010-04-01	Plan funding arrangement – Trust	Yes
2010-04-01	Plan benefit arrangement – Insurance	Yes
2010-04-01	Plan benefit arrangement - Trust	Yes
2009: VALLEY WEST OIL, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-04-01	Type of plan entity	Single employer plan
2009-04-01	Submission has been amended	No
2009-04-01	This submission is the final filing	No
2009-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-04-01	Plan is a collectively bargained plan	No
2009-04-01	Plan funding arrangement – Insurance	Yes
2009-04-01	Plan funding arrangement – Trust	Yes
2009-04-01	Plan benefit arrangement – Insurance	Yes
2009-04-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

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

Policy contract number

16286

Policy instance

Insurance contract or identification number	16286
Number of Individuals Covered	16
Insurance policy start date	2010-04-01
Insurance policy end date	2011-03-31
Total amount of commissions paid to insurance broker	USD $1,261
Total amount of fees paid to insurance company	USD $604

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

Policy contract number

16286

Policy instance

Insurance contract or identification number	16286
Number of Individuals Covered	20
Insurance policy start date	2008-04-01
Insurance policy end date	2009-03-31
Total amount of commissions paid to insurance broker	USD $1,040
Total amount of fees paid to insurance company	USD $716

Potentially related plans

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Company Name:	VALLEY WEST OIL, INC.
Employer identification number (EIN):	421054730
NAIC Classification:	447100
NAIC Description:	Gasoline Stations, Gas