401k Plan data: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN plan

BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

BALLET GROUP, 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BALLET GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: BALLET GROUP, INC.

Employer identification number (EIN): 471364078

NAIC Classification: 448310
NAIC Description: Jewelry Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BALLET GROUP, 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 2016-01-01 MAHENDRA AGRAWAL
001 2015-01-01 MAHENDRA KUMAR AGRAWAL

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	MAHENDRA AGRAWAL
001	2015-01-01	MAHENDRA KUMAR AGRAWAL

Plan Statistics for BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2016: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 162
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 55
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 101
Total of all active and inactive participants 2016-01-01 156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 156
Number of participants with account balances 2016-01-01 125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 4
2015: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 142
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 49
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 106
Total of all active and inactive participants 2015-01-01 155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 155
Number of participants with account balances 2015-01-01 138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 13

Measure	Date	Value
2016: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	162
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	55
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	101
Total of all active and inactive participants	2016-01-01	156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	156
Number of participants with account balances	2016-01-01	125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	4
2015: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	142
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	49
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	106
Total of all active and inactive participants	2015-01-01	155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	155
Number of participants with account balances	2015-01-01	138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	13

Financial Data on BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2016 : BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets to this plan	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$254,914
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$617,761
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$615,865
Expenses. Certain deemed distributions of participant loans	2016-12-31	$1,121
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$119,008
Value of total assets at end of year	2016-12-31	$1,503,594
Value of total assets at beginning of year	2016-12-31	$1,866,441
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$775
Total interest from all sources	2016-12-31	$109
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$75,853
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$75,853
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$187,000
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	$119,008
Participant contributions at end of year	2016-12-31	$1,620
Participant contributions at beginning of year	2016-12-31	$4,217
Administrative expenses (other) incurred	2016-12-31	$775
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	$-362,847
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$1,503,594
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$1,866,441
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 registered invesment companies (eg mutual funds) at end of year	2016-12-31	$1,486,742
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$1,800,282
Interest on participant loans	2016-12-31	$109
Value of interest in common/collective trusts at end of year	2016-12-31	$15,232
Value of interest in common/collective trusts at beginning of year	2016-12-31	$61,942
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$60,014
Net investment gain or loss from common/collective trusts	2016-12-31	$-70
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	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$615,865
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	BAKER TILLY VIRCHOWKRAUSE LLP
Accountancy firm EIN	2016-12-31	390859910
2015 : BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total transfer of assets from this plan	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
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	$293,545
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$6,356,102
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$6,354,309
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$207,770
Value of total assets at end of year	2015-12-31	$1,866,441
Value of total assets at beginning of year	2015-12-31	$7,928,998
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$1,793
Total interest from all sources	2015-12-31	$152
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$244,225
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$244,225
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	Yes
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	$175,415
Participant contributions at end of year	2015-12-31	$4,217
Participant contributions at beginning of year	2015-12-31	$3,408
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$9,291
Administrative expenses (other) incurred	2015-12-31	$1,793
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
Value of net income/loss	2015-12-31	$-6,062,557
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$1,866,441
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$7,928,998
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 registered invesment companies (eg mutual funds) at end of year	2015-12-31	$1,800,282
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$7,925,590
Interest on participant loans	2015-12-31	$152
Value of interest in common/collective trusts at end of year	2015-12-31	$61,942
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-159,628
Net investment gain or loss from common/collective trusts	2015-12-31	$1,026
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	No
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	$23,064
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$6,354,309
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	2015-12-31	Yes
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	BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN	2015-12-31	390859910

Form 5500 Responses for BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN

2016: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	Yes
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

BALLET GROUP, INC. 401(K) PROFIT SHARING PLAN [EIN = 471364028]

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Company Name:	BALLET GROUP, INC.
Employer identification number (EIN):	471364078
NAIC Classification:	448310
NAIC Description:	Jewelry Stores