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THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 401k Plan overview

Plan NameTHE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN
Plan identification number 001

THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

401k Sponsoring company profile

THE AMERICAN BEER COMPANY has sponsored the creation of one or more 401k plans.

Company Name:THE AMERICAN BEER COMPANY
Employer identification number (EIN):550164110
NAIC Classification:424800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01SHIRLEY F. RUNYON2015-09-18
0012013-01-01SHIRLEY F. RUNYON2014-07-31
0012012-01-01SHIRLEY F. RUNYON2013-07-08
0012011-01-01SHIRLEY F. RUNYON
0012009-01-01SHIRLEY F. RUNYON

Plan Statistics for THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN

401k plan membership statisitcs for THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN

Measure Date Value
2011: THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0130
Total number of active participants reported on line 7a of the Form 55002011-01-0117
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-019
Total of all active and inactive participants2011-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0126
Number of participants with account balances2011-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2009: THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0125
Total number of active participants reported on line 7a of the Form 55002009-01-0126
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0129
Number of participants with account balances2009-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN

Measure Date Value
2011 : THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2011 401k financial data
Total income from all sources2011-12-31$125,356
Expenses. Total of all expenses incurred2011-12-31$568,920
Benefits paid (including direct rollovers)2011-12-31$568,920
Total plan assets at end of year2011-12-31$2,476,100
Total plan assets at beginning of year2011-12-31$2,919,664
Value of fidelity bond covering the plan2011-12-31$125,000
Total contributions received or receivable from participants2011-12-31$78,935
Other income received2011-12-31$-32,556
Net income (gross income less expenses)2011-12-31$-443,564
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,476,100
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,919,664
Total contributions received or receivable from employer(s)2011-12-31$78,977
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2010 401k financial data
Total income from all sources2010-12-31$516,509
Expenses. Total of all expenses incurred2010-12-31$6,933
Benefits paid (including direct rollovers)2010-12-31$6,933
Total plan assets at end of year2010-12-31$2,955,652
Total plan assets at beginning of year2010-12-31$2,446,076
Value of fidelity bond covering the plan2010-12-31$125,000
Total contributions received or receivable from participants2010-12-31$86,830
Contributions received from other sources (not participants or employers)2010-12-31$1,909
Other income received2010-12-31$335,224
Net income (gross income less expenses)2010-12-31$509,576
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,955,652
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,446,076
Total contributions received or receivable from employer(s)2010-12-31$92,546
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN

2011: THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THE AMERICAN BEER COMPANY PROFIT SHARING 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90413
Policy instance 1
Insurance contract or identification number90413
Number of Individuals Covered26
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $9,293
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90413
Policy instance 1
Insurance contract or identification number90413
Number of Individuals Covered30
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $4,917
Total amount of fees paid to insurance companyUSD $287
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,917
Insurance broker organization code?3
Amount paid for insurance broker fees287
Additional information about fees paid to insurance brokerTPA FEE
Insurance broker nameBENEFIT SOLUTIONS INC

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