SPEEDLING, INC. has sponsored the creation of one or more 401k plans.
Additional information about SPEEDLING, INC.
Submission information for form 5500 for 401k plan EMPLOYEE MEDICAL BENEFIT TRUST
| Measure | Date | Value |
|---|
| 2010 : EMPLOYEE MEDICAL BENEFIT TRUST 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-04-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-04-30 | $42,598 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-04-30 | $199,377 |
| Total income from all sources (including contributions) | 2010-04-30 | $936,618 |
| Total loss/gain on sale of assets | 2010-04-30 | $0 |
| Total of all expenses incurred | 2010-04-30 | $936,618 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-04-30 | $936,618 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-04-30 | $936,618 |
| Value of total assets at end of year | 2010-04-30 | $42,598 |
| Value of total assets at beginning of year | 2010-04-30 | $199,377 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-04-30 | $0 |
| Total interest from all sources | 2010-04-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-04-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-04-30 | Yes |
| Was this plan covered by a fidelity bond | 2010-04-30 | No |
| If this is an individual account plan, was there a blackout period | 2010-04-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-04-30 | No |
| Contributions received from participants | 2010-04-30 | $161,238 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-04-30 | $184,445 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-04-30 | $-141,431 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-04-30 | $77,669 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-04-30 | $22,371 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-04-30 | $163,802 |
| Liabilities. Value of operating payables at end of year | 2010-04-30 | $20,227 |
| Liabilities. Value of operating payables at beginning of year | 2010-04-30 | $35,575 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-04-30 | No |
| Value of net income/loss | 2010-04-30 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2010-04-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-04-30 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-04-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-04-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-04-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-04-30 | $375,324 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-04-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-04-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-04-30 | No |
| Contributions received in cash from employer | 2010-04-30 | $590,935 |
| Employer contributions (assets) at end of year | 2010-04-30 | $42,598 |
| Employer contributions (assets) at beginning of year | 2010-04-30 | $121,708 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-04-30 | $702,725 |
| Did the plan have assets held for investment | 2010-04-30 | No |
| 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 | 2010-04-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-04-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-04-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-04-30 | Unqualified |
| Accountancy firm name | 2010-04-30 | BRAXTON HOLWAY PA |
| Accountancy firm EIN | 2010-04-30 | 650761778 |
| THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 ) |
| Policy contract number | 384122 |
| Policy instance | 1 |
| Insurance contract or identification number | 384122 | | Number of Individuals Covered | 106 | | Insurance policy start date | 2009-05-01 | | Insurance policy end date | 2010-04-30 | | Total amount of commissions paid to insurance broker | USD $4,992 | | Total amount of fees paid to insurance company | USD $2,076 | | Are there contracts with allocated funds for individual policies? | 0 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | Yes | | Long Term Disability Insurance Welfare Benefit | Yes | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | ACCIDENTAL DEATH AND DISMEMBERMENT | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $53,548 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $370 | | Insurance broker organization code? | 3 | | Amount paid for insurance broker fees | 2076 | | Additional information about fees paid to insurance broker | SPECIAL AGENT OR PRODUCER | | Insurance broker name | EXCALILBUR FINANCIAL GROUP |
|
| UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 ) |
| Policy contract number | 66853 |
| Policy instance | 2 |
| Insurance contract or identification number | 66853 | | Number of Individuals Covered | 21 | | Insurance policy start date | 2009-05-01 | | Insurance policy end date | 2010-04-30 | | Total amount of commissions paid to insurance broker | USD $710 | | Total amount of fees paid to insurance company | USD $0 | | Are there contracts with allocated funds for individual policies? | 0 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | Yes | | Long Term Disability Insurance Welfare Benefit | Yes | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $5,503 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $710 | | Insurance broker organization code? | 3 | | Insurance broker name | EXCALIBUR FINANCIAL GROUP |
|
| AMERICAN FIDELITY ASSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 60410 ) |
| Policy contract number | 20000SLG19-09 |
| Policy instance | 3 |
| Insurance contract or identification number | 20000SLG19-09 | | Number of Individuals Covered | 100 | | Insurance policy start date | 2009-05-01 | | Insurance policy end date | 2010-04-30 | | Total amount of commissions paid to insurance broker | USD $2,089 | | Total amount of fees paid to insurance company | USD $0 | | Are there contracts with allocated funds for individual policies? | 0 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $192,860 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $2,089 | | Insurance broker organization code? | 3 | | Insurance broker name | SLG BENEFITS AND INSURANCE LLC |
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| COLONIAL LIFE & ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62049 ) |
| Policy contract number | E3004785 |
| Policy instance | 4 |
| Insurance contract or identification number | E3004785 | | Number of Individuals Covered | 100 | | Insurance policy start date | 2009-05-01 | | Insurance policy end date | 2010-04-30 | | Total amount of commissions paid to insurance broker | USD $9,275 | | Total amount of fees paid to insurance company | USD $2,085 | | Are there contracts with allocated funds for individual policies? | 0 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | ACCIDENT, CANCER CRITICAL ILLNESS | | 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? | Yes | | Commission paid to Insurance Broker | USD $3,586 | | Amount paid for insurance broker fees | 485 | | Additional information about fees paid to insurance broker | AGENT OR BROKER OF RECORD | | Insurance broker organization code? | 3 | | Insurance broker name | ANN MARIE BETHEA |
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