401k Plan data: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN plan

BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 401k Plan overview

Plan Name	BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN
Plan identification number	001

BISHOP LIFTING PRODUCTS, INC. 401(K) 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
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

BISHOP LIFTING PRODUCTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: BISHOP LIFTING PRODUCTS, INC.

Employer identification number (EIN): 742308944

NAIC Classification: 333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2010-01-01 J. DERRICK DEAKINS
001 2009-01-01 J. DERRICK DEAKINS
001 2008-01-01 J. DERRICK DEAKINS

Plan id#	Filing Submission Date	Name of Administrator
001	2010-01-01	J. DERRICK DEAKINS
001	2009-01-01	J. DERRICK DEAKINS
001	2008-01-01	J. DERRICK DEAKINS

Plan Statistics for BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN

401k plan membership statisitcs for BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN

Measure Date Value
2010: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 149
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 122
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 19
Total of all active and inactive participants 2010-01-01 141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 141
Number of participants with account balances 2010-01-01 121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 4
2009: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 117
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 16
Total of all active and inactive participants 2009-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 133
Number of participants with account balances 2009-01-01 103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 7
2008: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year 2008-01-01 110
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 96
Number of retired or separated participants receiving benefits 2008-01-01 0
Number of other retired or separated participants entitled to future benefits 2008-01-01 17
Total of all active and inactive participants 2008-01-01 113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2008-01-01 0
Total participants 2008-01-01 113
Number of participants with account balances 2008-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 8

Measure	Date	Value
2010: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	149
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	122
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	19
Total of all active and inactive participants	2010-01-01	141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	141
Number of participants with account balances	2010-01-01	121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	4
2009: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	117
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	16
Total of all active and inactive participants	2009-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	133
Number of participants with account balances	2009-01-01	103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	7
2008: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year	2008-01-01	110
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	96
Number of retired or separated participants receiving benefits	2008-01-01	0
Number of other retired or separated participants entitled to future benefits	2008-01-01	17
Total of all active and inactive participants	2008-01-01	113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2008-01-01	0
Total participants	2008-01-01	113
Number of participants with account balances	2008-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	8

Financial Data on BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN

Measure	Date	Value
2010 : BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$46,057
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$46,057
Total income from all sources (including contributions)	2010-12-31	$1,021,177
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$145,902
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$127,910
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$653,887
Value of total assets at end of year	2010-12-31	$3,455,249
Value of total assets at beginning of year	2010-12-31	$2,579,974
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$17,992
Total interest from all sources	2010-12-31	$50,681
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	No
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$409,347
Participant contributions at end of year	2010-12-31	$196,410
Participant contributions at beginning of year	2010-12-31	$174,486
Participant contributions at end of year	2010-12-31	$5,547
Participant contributions at beginning of year	2010-12-31	$15,121
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$12,854
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$3,783
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$46,057
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$46,057
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$875,275
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,409,192
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,533,917
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$17,992
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$3,236,463
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$2,205,697
Value of interest in pooled separate accounts at end of year	2010-12-31	$3,246,431
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$2,383,233
Interest on participant loans	2010-12-31	$10,323
Interest earned on other investments	2010-12-31	$40,358
Value of interest in common/collective trusts at beginning of year	2010-12-31	$130,935
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$33,180
Net investment gain/loss from pooled separate accounts	2010-12-31	$316,609
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$231,686
Employer contributions (assets) at end of year	2010-12-31	$6,861
Employer contributions (assets) at beginning of year	2010-12-31	$7,134
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$127,910
Did the plan have assets held for investment	2010-12-31	Yes
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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	BLAIR, ROBERTSON & ASSOCIATES
Accountancy firm EIN	2010-12-31	261631123
2009 : BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
2008 : BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2008 401k financial data
Total plan liabilities at end of year	2008-12-31	$7,771
Total plan liabilities at beginning of year	2008-12-31	$5,399
Total income from all sources	2008-12-31	$-327,508
Expenses. Total of all expenses incurred	2008-12-31	$33,511
Benefits paid (including direct rollovers)	2008-12-31	$31,109
Total plan assets at end of year	2008-12-31	$1,524,215
Total plan assets at beginning of year	2008-12-31	$1,882,862
Total contributions received or receivable from participants	2008-12-31	$280,606
Expenses. Other expenses not covered elsewhere	2008-12-31	$2,402
Contributions received from other sources (not participants or employers)	2008-12-31	$3,115
Other income received	2008-12-31	$-740,017
Net income (gross income less expenses)	2008-12-31	$-361,019
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$1,516,444
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$1,877,463
Assets. Value of participant loans	2008-12-31	$93,793
Total contributions received or receivable from employer(s)	2008-12-31	$128,788

Form 5500 Responses for BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN

2010: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: BISHOP LIFTING PRODUCTS, INC. 401(K) PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Insurance	Yes
2008-01-01	Plan funding arrangement – Trust	Yes
2008-01-01	Plan benefit arrangement – Insurance	Yes
2008-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BISHOP LIFTING PRODUCTS, INC.
Employer identification number (EIN):	742308944
NAIC Classification:	333900