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CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 401k Plan overview

Plan NameCENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN
Plan identification number 001

CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING 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.
  • 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

CENTRAL SUPPLY COMPANY OF WEST VIRGINIA has sponsored the creation of one or more 401k plans.

Company Name:CENTRAL SUPPLY COMPANY OF WEST VIRGINIA
Employer identification number (EIN):550402911
NAIC Classification:327300

Additional information about CENTRAL SUPPLY COMPANY OF WEST VIRGINIA

Jurisdiction of Incorporation: West Virginia Secrtary of State
Incorporation Date:
Company Identification Number: 5035

More information about CENTRAL SUPPLY COMPANY OF WEST VIRGINIA

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01GEORGE FINLY2014-08-28
0012012-01-01GEORGE FINLY
0012011-01-01GEORGE FINLY

Plan Statistics for CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN

401k plan membership statisitcs for CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN

Measure Date Value
2012: CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01149
Total number of active participants reported on line 7a of the Form 55002012-01-011
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-011
Number of participants with account balances2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01137
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01149
Total of all active and inactive participants2011-01-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN

Measure Date Value
2012 : CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$5,054
Total income from all sources (including contributions)2012-12-31$126,838
Total loss/gain on sale of assets2012-12-31$24,409
Total of all expenses incurred2012-12-31$2,793,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,769,429
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$0
Value of total assets at end of year2012-12-31$530,069
Value of total assets at beginning of year2012-12-31$3,201,808
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$24,094
Total interest from all sources2012-12-31$3,880
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$33,217
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$30,033
Administrative expenses professional fees incurred2012-12-31$14,340
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$300,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$8,588
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$935
Liabilities. Value of operating payables at end of year2012-12-31$0
Liabilities. Value of operating payables at beginning of year2012-12-31$4,119
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$1,138
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-2,666,685
Value of net assets at end of year (total assets less liabilities)2012-12-31$530,069
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,196,754
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$9,754
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$521,553
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$2,339,624
Income. Interest from US Government securities2012-12-31$496
Income. Interest from corporate debt instruments2012-12-31$1,995
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$8,516
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$230,924
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$230,924
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$1,389
Asset value of US Government securities at end of year2012-12-31$0
Asset value of US Government securities at beginning of year2012-12-31$55,880
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$65,332
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$0
Income. Dividends from common stock2012-12-31$3,184
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,769,429
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$50,122
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$515,532
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$1,171,223
Aggregate carrying amount (costs) on sale of assets2012-12-31$1,146,814
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31CAVA AND BANKO, PLLC
Accountancy firm EIN2012-12-31262458029
2011 : CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-18,078
Total unrealized appreciation/depreciation of assets2011-12-31$-18,078
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$5,054
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$4,079
Total income from all sources (including contributions)2011-12-31$151,294
Total loss/gain on sale of assets2011-12-31$-8,079
Total of all expenses incurred2011-12-31$201,648
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$172,221
Expenses. Certain deemed distributions of participant loans2011-12-31$810
Value of total corrective distributions2011-12-31$5,937
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$239,550
Value of total assets at end of year2011-12-31$3,201,808
Value of total assets at beginning of year2011-12-31$3,251,187
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$22,680
Total interest from all sources2011-12-31$7,422
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$102,889
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2011-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$87,777
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$300,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$87,674
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$71,482
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$13,401
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$8,588
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$5,390
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$935
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$546
Liabilities. Value of operating payables at end of year2011-12-31$4,119
Liabilities. Value of operating payables at beginning of year2011-12-31$3,533
Total non interest bearing cash at end of year2011-12-31$1,138
Total non interest bearing cash at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$-50,354
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,196,754
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,247,108
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$22,680
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$2,339,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$2,019,953
Interest on participant loans2011-12-31$3,080
Income. Interest from US Government securities2011-12-31$2,611
Income. Interest from corporate debt instruments2011-12-31$1,590
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$230,924
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$94,147
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$94,147
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$141
Asset value of US Government securities at end of year2011-12-31$55,880
Asset value of US Government securities at beginning of year2011-12-31$57,800
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-172,410
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$151,876
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$204,611
Income. Dividends from common stock2011-12-31$15,112
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$172,221
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$50,122
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$99,637
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$515,532
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$684,766
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$3,493,131
Aggregate carrying amount (costs) on sale of assets2011-12-31$3,501,210
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MEREDITH, QUINN AND STENGER, A.C.
Accountancy firm EIN2011-12-31550738983
2010 : CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$83,173
Total unrealized appreciation/depreciation of assets2010-12-31$83,173
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$4,079
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$1,939
Total income from all sources (including contributions)2010-12-31$641,238
Total loss/gain on sale of assets2010-12-31$-19,177
Total of all expenses incurred2010-12-31$54,690
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$29,183
Value of total corrective distributions2010-12-31$3,533
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$332,171
Value of total assets at end of year2010-12-31$3,251,187
Value of total assets at beginning of year2010-12-31$2,662,499
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$21,974
Total interest from all sources2010-12-31$14,968
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$72,686
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$60,452
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$300,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$104,037
Participant contributions at end of year2010-12-31$71,482
Participant contributions at beginning of year2010-12-31$71,227
Participant contributions at end of year2010-12-31$13,401
Participant contributions at beginning of year2010-12-31$4,805
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$5,390
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$546
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$668
Liabilities. Value of operating payables at end of year2010-12-31$3,533
Liabilities. Value of operating payables at beginning of year2010-12-31$1,271
Total non interest bearing cash at end of year2010-12-31$0
Total non interest bearing cash at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$586,548
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,247,108
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,660,560
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$21,974
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$2,019,953
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$1,487,773
Interest on participant loans2010-12-31$4,275
Income. Interest from US Government securities2010-12-31$3,587
Income. Interest from corporate debt instruments2010-12-31$6,946
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$94,147
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$73,612
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$73,612
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$160
Asset value of US Government securities at end of year2010-12-31$57,800
Asset value of US Government securities at beginning of year2010-12-31$59,130
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$157,417
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$228,134
Employer contributions (assets) at end of year2010-12-31$204,611
Employer contributions (assets) at beginning of year2010-12-31$276,069
Income. Dividends from common stock2010-12-31$12,234
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$29,183
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$99,637
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$178,045
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$684,766
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$511,838
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$1,521,362
Aggregate carrying amount (costs) on sale of assets2010-12-31$1,540,539
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MEREDITH, QUINN AND STENGER, A.C.
Accountancy firm EIN2010-12-31550738983

Form 5500 Responses for CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN

2012: CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CENTRAL SUPPLY COMPANY OF WEST VIRGINIA PROFIT SHARING 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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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