401k Plan data: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN plan

GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 401k Plan overview

Plan Name	GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN
Plan identification number	001

GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN Benefits

401k Plan Type

Defined 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.
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

GOLFSMITH INTERNATIONAL, L. P. has sponsored the creation of one or more 401k plans.

Company Name: GOLFSMITH INTERNATIONAL, L. P.

Employer identification number (EIN): 742864257

NAIC Classification: 423910
NAIC Description: Sporting and Recreational Goods and Supplies Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 JAMES ELIASBERG
001 2010-01-01 RON IVANITCH
001 2009-01-01 RON IVANITCH

Plan id#	Filing Submission Date	Name of Administrator
001	2011-01-01	JAMES ELIASBERG
001	2010-01-01	RON IVANITCH
001	2009-01-01	RON IVANITCH

Plan Statistics for GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN

Measure Date Value
2011: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,693
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 1,692
Number of retired or separated participants receiving benefits 2011-01-01 2
Number of other retired or separated participants entitled to future benefits 2011-01-01 182
Total of all active and inactive participants 2011-01-01 1,876
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 5
Total participants 2011-01-01 1,881
Number of participants with account balances 2011-01-01 635
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 18
2010: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 1,725
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 1,502
Number of retired or separated participants receiving benefits 2010-01-01 1
Number of other retired or separated participants entitled to future benefits 2010-01-01 185
Total of all active and inactive participants 2010-01-01 1,688
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 5
Total participants 2010-01-01 1,693
Number of participants with account balances 2010-01-01 645
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 28
2009: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 1,948
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 1,539
Number of retired or separated participants receiving benefits 2009-01-01 2
Number of other retired or separated participants entitled to future benefits 2009-01-01 181
Total of all active and inactive participants 2009-01-01 1,722
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 3
Total participants 2009-01-01 1,725
Number of participants with account balances 2009-01-01 684
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 35

Measure	Date	Value
2011: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,693
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	1,692
Number of retired or separated participants receiving benefits	2011-01-01	2
Number of other retired or separated participants entitled to future benefits	2011-01-01	182
Total of all active and inactive participants	2011-01-01	1,876
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	5
Total participants	2011-01-01	1,881
Number of participants with account balances	2011-01-01	635
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	18
2010: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	1,725
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	1,502
Number of retired or separated participants receiving benefits	2010-01-01	1
Number of other retired or separated participants entitled to future benefits	2010-01-01	185
Total of all active and inactive participants	2010-01-01	1,688
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	5
Total participants	2010-01-01	1,693
Number of participants with account balances	2010-01-01	645
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	28
2009: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	1,948
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	1,539
Number of retired or separated participants receiving benefits	2009-01-01	2
Number of other retired or separated participants entitled to future benefits	2009-01-01	181
Total of all active and inactive participants	2009-01-01	1,722
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	3
Total participants	2009-01-01	1,725
Number of participants with account balances	2009-01-01	684
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	35

Financial Data on GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN

Measure	Date	Value
2011 : GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$1,228,300
Total of all expenses incurred	2011-12-31	$959,609
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$891,736
Value of total corrective distributions	2011-12-31	$37,438
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,501,444
Value of total assets at end of year	2011-12-31	$11,387,572
Value of total assets at beginning of year	2011-12-31	$11,118,881
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$30,435
Total interest from all sources	2011-12-31	$25,782
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$295,525
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$295,525
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$1,103,655
Participant contributions at end of year	2011-12-31	$288,701
Participant contributions at beginning of year	2011-12-31	$323,513
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$62,472
Administrative expenses (other) incurred	2011-12-31	$30,435
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$268,691
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$11,387,572
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$11,118,881
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$10,026,915
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$10,083,283
Interest on participant loans	2011-12-31	$25,711
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$736,639
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$712,085
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$712,085
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$71
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-594,451
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$335,317
Employer contributions (assets) at end of year	2011-12-31	$335,317
Employer contributions (assets) at beginning of year	2011-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$891,736
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	HOLTZMAN PARTNERS, LLP
Accountancy firm EIN	2011-12-31	743121060
2010 : GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$2,696,444
Total of all expenses incurred	2010-12-31	$2,265,612
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$2,219,427
Expenses. Certain deemed distributions of participant loans	2010-12-31	$1,103
Value of total corrective distributions	2010-12-31	$12,076
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,294,027
Value of total assets at end of year	2010-12-31	$11,118,881
Value of total assets at beginning of year	2010-12-31	$10,688,049
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$33,006
Total interest from all sources	2010-12-31	$42,785
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$183,290
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$183,290
Was this plan covered by a fidelity bond	2010-12-31	Yes
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	$1,107,391
Participant contributions at end of year	2010-12-31	$323,513
Participant contributions at beginning of year	2010-12-31	$281,943
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$186,636
Administrative expenses (other) incurred	2010-12-31	$33,006
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	$430,832
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$11,118,881
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$10,688,049
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$10,083,283
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$9,172,835
Interest on participant loans	2010-12-31	$25,028
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$712,085
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$1,113,722
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$1,113,722
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$17,757
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,176,342
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
Employer contributions (assets) at end of year	2010-12-31	$0
Employer contributions (assets) at beginning of year	2010-12-31	$119,549
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$2,219,427
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
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	HOLTZMAN PARTNERS
Accountancy firm EIN	2010-12-31	743121060
2009 : GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS 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

Form 5500 Responses for GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN

2011: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS 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 – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
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 funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

GOLFSMITH 401(K) AND PROFIT SHARING RETIREMENT SAVINGS PLAN [EIN = 221957337]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	GOLFSMITH INTERNATIONAL, L. P.
Employer identification number (EIN):	742864257
NAIC Classification:	423910
NAIC Description:	Sporting and Recreational Goods and Supplies Merchant Wholesalers