401k Plan data: NET DIRECT MERCHANTS LLC 401K P/S PLAN plan

NET DIRECT MERCHANTS LLC 401K P/S PLAN 401k Plan overview

Plan Name	NET DIRECT MERCHANTS LLC 401K P/S PLAN
Plan identification number	001

NET DIRECT MERCHANTS LLC 401K P/S PLAN Benefits

401k Plan Type

Defined 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
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.

401k Sponsoring company profile

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

Company Name: THE MORSE GROUP, INC.

Employer identification number (EIN): 631127866

NAIC Classification: 454110
NAIC Description: Electronic Shopping and Mail-Order Houses

Additional information about THE MORSE GROUP, INC.

Jurisdiction of Incorporation: Alabama Secretary of State

Incorporation Date: 1995-07-06

Company Identification Number: 172-878

Legal Registered Office Address: 102 S COURT ST STE 304 FLORENCE,

United States of America (USA)
35630

More information about THE MORSE GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NET DIRECT MERCHANTS LLC 401K P/S PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 RICK MORSE RICK MORSE 2013-09-03
001 2011-01-01 RICK MORSE RICK MORSE 2012-06-20
001 2010-01-01 RICK MORSE RICK MORSE 2011-10-13
001 2009-01-01 CARTER NORVELL

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	RICK MORSE	RICK MORSE	2013-09-03
001	2011-01-01	RICK MORSE	RICK MORSE	2012-06-20
001	2010-01-01	RICK MORSE	RICK MORSE	2011-10-13
001	2009-01-01	CARTER NORVELL

Plan Statistics for NET DIRECT MERCHANTS LLC 401K P/S PLAN

401k plan membership statisitcs for NET DIRECT MERCHANTS LLC 401K P/S PLAN

Measure Date Value
2012: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 13
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 13
Number of participants with account balances 2012-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 9
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 9
Number of participants with account balances 2011-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2010: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 9
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 9
Number of participants with account balances 2010-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 1
2009: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 12
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 12
Number of participants with account balances 2009-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 2

Measure	Date	Value
2012: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	13
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	13
Number of participants with account balances	2012-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	9
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	9
Number of participants with account balances	2011-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2010: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	9
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	9
Number of participants with account balances	2010-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	1
2009: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	12
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	12
Number of participants with account balances	2009-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	2

Financial Data on NET DIRECT MERCHANTS LLC 401K P/S PLAN

Measure	Date	Value
2012 : NET DIRECT MERCHANTS LLC 401K P/S PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$239,544
Expenses. Total of all expenses incurred	2012-12-31	$28,241
Benefits paid (including direct rollovers)	2012-12-31	$26,841
Total plan assets at end of year	2012-12-31	$1,028,050
Total plan assets at beginning of year	2012-12-31	$816,747
Total contributions received or receivable from participants	2012-12-31	$76,157
Expenses. Other expenses not covered elsewhere	2012-12-31	$1,400
Other income received	2012-12-31	$90,982
Net income (gross income less expenses)	2012-12-31	$211,303
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,028,050
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$816,747
Total contributions received or receivable from employer(s)	2012-12-31	$72,405
2011 : NET DIRECT MERCHANTS LLC 401K P/S PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$30,829
Expenses. Total of all expenses incurred	2011-12-31	$15,788
Benefits paid (including direct rollovers)	2011-12-31	$15,788
Total plan assets at end of year	2011-12-31	$816,747
Total plan assets at beginning of year	2011-12-31	$801,706
Total contributions received or receivable from participants	2011-12-31	$57,293
Contributions received from other sources (not participants or employers)	2011-12-31	$2,271
Other income received	2011-12-31	$-28,735
Net income (gross income less expenses)	2011-12-31	$15,041
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$816,747
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$801,706
2010 : NET DIRECT MERCHANTS LLC 401K P/S PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$141,201
Expenses. Total of all expenses incurred	2010-12-31	$2,675
Benefits paid (including direct rollovers)	2010-12-31	$2,675
Total plan assets at end of year	2010-12-31	$801,706
Total plan assets at beginning of year	2010-12-31	$663,180
Total contributions received or receivable from participants	2010-12-31	$52,883
Other income received	2010-12-31	$67,258
Net income (gross income less expenses)	2010-12-31	$138,526
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$801,706
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$663,180
Total contributions received or receivable from employer(s)	2010-12-31	$21,060

Form 5500 Responses for NET DIRECT MERCHANTS LLC 401K P/S PLAN

2012: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: NET DIRECT MERCHANTS LLC 401K P/S PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE MORSE GROUP, INC.
Employer identification number (EIN):	631127866
NAIC Classification:	454110
NAIC Description:	Electronic Shopping and Mail-Order Houses

Jurisdiction of Incorporation:	Alabama Secretary of State
Incorporation Date:	1995-07-06
Company Identification Number:	172-878
Legal Registered Office Address:	102 S COURT ST STE 304 FLORENCE, United States of America (USA) 35630