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THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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

DANIEL ISLAND ASSOCIATES, LLC has sponsored the creation of one or more 401k plans.

Company Name:DANIEL ISLAND ASSOCIATES, LLC
Employer identification number (EIN):562108341
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate

Additional information about DANIEL ISLAND ASSOCIATES, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 2949362

More information about DANIEL ISLAND ASSOCIATES, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01M EVANS ON BEHALF OF PLAN ADMIN

Plan Statistics for THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01160
Total number of active participants reported on line 7a of the Form 55002013-01-01139
Number of retired or separated participants receiving benefits2013-01-016
Number of other retired or separated participants entitled to future benefits2013-01-0118
Total of all active and inactive participants2013-01-01163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01163
Number of participants with account balances2013-01-01106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011

Financial Data on THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2013 : THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$28,299
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$6,092
Total income from all sources (including contributions)2013-12-31$1,468,956
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$645,463
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$614,256
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$539,813
Value of total assets at end of year2013-12-31$5,016,300
Value of total assets at beginning of year2013-12-31$4,170,600
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$31,207
Total interest from all sources2013-12-31$3,993
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$165,366
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$165,366
Administrative expenses professional fees incurred2013-12-31$31,207
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$342,390
Participant contributions at end of year2013-12-31$78,948
Participant contributions at beginning of year2013-12-31$80,250
Participant contributions at end of year2013-12-31$2,600
Participant contributions at beginning of year2013-12-31$11,218
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$6,691
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$17,906
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Liabilities. Value of operating payables at end of year2013-12-31$5,616
Liabilities. Value of operating payables at beginning of year2013-12-31$6,092
Total non interest bearing cash at end of year2013-12-31$35,808
Total non interest bearing cash at beginning of year2013-12-31$6,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$823,493
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,988,001
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,164,508
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$4,672,397
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,885,004
Interest on participant loans2013-12-31$3,993
Value of interest in common/collective trusts at end of year2013-12-31$162,035
Value of interest in common/collective trusts at beginning of year2013-12-31$136,255
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$757,613
Net investment gain or loss from common/collective trusts2013-12-31$2,171
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$190,732
Employer contributions (assets) at end of year2013-12-31$64,512
Employer contributions (assets) at beginning of year2013-12-31$51,781
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$614,256
Liabilities. Value of benefit claims payable at end of year2013-12-31$4,777
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MOSS & YANTIS, CPA, P.A.
Accountancy firm EIN2013-12-31471356737

Form 5500 Responses for THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN

2013: THE DANIEL ISLAND COMPANY, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes

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