401k Plan data: NEXT GENERATION VENDING, LLC 401(K) PLAN plan

NEXT GENERATION VENDING, LLC 401(K) PLAN 401k Plan overview

Plan Name	NEXT GENERATION VENDING, LLC 401(K) PLAN
Plan identification number	001

NEXT GENERATION VENDING, LLC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Participant-directed brokerage accounts provided as an investment option under the plan.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NEXT GENERATION VENDING, LLC has sponsored the creation of one or more 401k plans.

Company Name: NEXT GENERATION VENDING, LLC

Employer identification number (EIN): 452799693

NAIC Classification: 722300
NAIC Description: Special Food Services

Additional information about NEXT GENERATION VENDING, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 5013391

More information about NEXT GENERATION VENDING, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXT GENERATION VENDING, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 RONALD J. BIENIAS
001 2012-01-01 LAURA FRIGON
001 2011-01-01 JOHN DESIMONE

Plan id#	Filing Submission Date	Name of Administrator
001	2013-01-01	RONALD J. BIENIAS
001	2012-01-01	LAURA FRIGON
001	2011-01-01	JOHN DESIMONE

Plan Statistics for NEXT GENERATION VENDING, LLC 401(K) PLAN

401k plan membership statisitcs for NEXT GENERATION VENDING, LLC 401(K) PLAN

Measure Date Value
2013: NEXT GENERATION VENDING, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 573
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 392
Number of retired or separated participants receiving benefits 2013-01-01 2
Number of other retired or separated participants entitled to future benefits 2013-01-01 102
Total of all active and inactive participants 2013-01-01 496
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 2
Total participants 2013-01-01 498
Number of participants with account balances 2013-01-01 475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 2
2012: NEXT GENERATION VENDING, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 567
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 461
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 110
Total of all active and inactive participants 2012-01-01 572
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 573
Number of participants with account balances 2012-01-01 521
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 5
2011: NEXT GENERATION VENDING, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,120
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 456
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 101
Total of all active and inactive participants 2011-01-01 557
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 2
Total participants 2011-01-01 559
Number of participants with account balances 2011-01-01 520
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 30

Measure	Date	Value
2013: NEXT GENERATION VENDING, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	573
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	392
Number of retired or separated participants receiving benefits	2013-01-01	2
Number of other retired or separated participants entitled to future benefits	2013-01-01	102
Total of all active and inactive participants	2013-01-01	496
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	2
Total participants	2013-01-01	498
Number of participants with account balances	2013-01-01	475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	2
2012: NEXT GENERATION VENDING, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	567
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	461
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	110
Total of all active and inactive participants	2012-01-01	572
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	573
Number of participants with account balances	2012-01-01	521
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	5
2011: NEXT GENERATION VENDING, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,120
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	456
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	101
Total of all active and inactive participants	2011-01-01	557
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	2
Total participants	2011-01-01	559
Number of participants with account balances	2011-01-01	520
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	30

Financial Data on NEXT GENERATION VENDING, LLC 401(K) PLAN

Measure	Date	Value
2013 : NEXT GENERATION VENDING, LLC 401(K) PLAN 2013 401k financial data
Total income from all sources (including contributions)	2013-12-31	$2,084,544
Total of all expenses incurred	2013-12-31	$1,387,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,362,527
Expenses. Certain deemed distributions of participant loans	2013-12-31	$22,718
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$630,789
Value of total assets at end of year	2013-12-31	$9,218,115
Value of total assets at beginning of year	2013-12-31	$8,521,166
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$2,350
Total interest from all sources	2013-12-31	$14,527
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$105,142
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$105,142
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$613,147
Participant contributions at end of year	2013-12-31	$277,993
Participant contributions at beginning of year	2013-12-31	$292,475
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$17,642
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$688
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$887
Administrative expenses (other) incurred	2013-12-31	$2,350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$696,949
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$9,218,115
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$8,521,166
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$8,789,199
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$8,004,684
Interest on participant loans	2013-12-31	$11,781
Interest earned on other investments	2013-12-31	$2,746
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$150,235
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$223,120
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$1,334,086
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,362,527
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2013-12-31	No
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	BURKE & ASSOCIATES CPAS, INC.
Accountancy firm EIN	2013-12-31	020664148
2012 : NEXT GENERATION VENDING, LLC 401(K) PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$1,657,418
Total of all expenses incurred	2012-12-31	$1,142,635
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$1,114,727
Expenses. Certain deemed distributions of participant loans	2012-12-31	$16,597
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$706,101
Value of total assets at end of year	2012-12-31	$8,521,166
Value of total assets at beginning of year	2012-12-31	$8,006,383
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$11,311
Total interest from all sources	2012-12-31	$18,826
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$124,708
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$124,708
Administrative expenses professional fees incurred	2012-12-31	$8,461
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$688,168
Participant contributions at end of year	2012-12-31	$292,475
Participant contributions at beginning of year	2012-12-31	$324,403
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$17,933
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$887
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$1,159
Administrative expenses (other) incurred	2012-12-31	$2,850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$514,783
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$8,521,166
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$8,006,383
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$8,004,684
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$7,419,965
Interest on participant loans	2012-12-31	$13,747
Interest earned on other investments	2012-12-31	$5,079
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$223,120
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$260,856
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$807,783
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	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$1,114,727
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-12-31	No
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	GRANT THORNTON LLP
Accountancy firm EIN	2012-12-31	366055558
2011 : NEXT GENERATION VENDING, LLC 401(K) PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$776,936
Total of all expenses incurred	2011-12-31	$1,681,463
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,652,809
Value of total corrective distributions	2011-12-31	$14,749
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$809,629
Value of total assets at end of year	2011-12-31	$8,006,383
Value of total assets at beginning of year	2011-12-31	$8,910,910
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$13,905
Total interest from all sources	2011-12-31	$23,224
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$140,155
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$140,155
Administrative expenses professional fees incurred	2011-12-31	$11,055
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
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	$752,589
Participant contributions at end of year	2011-12-31	$324,403
Participant contributions at beginning of year	2011-12-31	$421,199
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$57,040
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$1,159
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$679
Administrative expenses (other) incurred	2011-12-31	$2,850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-904,527
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$8,006,383
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$8,910,910
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$7,419,965
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$8,189,800
Interest on participant loans	2011-12-31	$17,028
Interest earned on other investments	2011-12-31	$6,196
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$260,856
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$299,232
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-196,072
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,652,809
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
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	GRANT THORNTON LLP
Accountancy firm EIN	2011-12-31	366055558

Form 5500 Responses for NEXT GENERATION VENDING, LLC 401(K) PLAN

2013: NEXT GENERATION VENDING, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: NEXT GENERATION VENDING, LLC 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: NEXT GENERATION VENDING, LLC 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

QK62324

Policy instance

Insurance contract or identification number	QK62324
Number of Individuals Covered	475
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

QK62324

Policy instance

Insurance contract or identification number	QK62324
Number of Individuals Covered	521
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

QK62324

Policy instance

Insurance contract or identification number	QK62324
Number of Individuals Covered	520
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	NEXT GENERATION VENDING, LLC
Employer identification number (EIN):	452799693
NAIC Classification:	722300
NAIC Description:	Special Food Services

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	5013391