401k Plan data: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN plan

DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 401k Plan overview

Plan Name	DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN
Plan identification number	001

DECORATIVE FABRICS OF AMERICA, LLC 401(K) 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.
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

DECORATIVE FABRICS OF AMERICA, LLC has sponsored the creation of one or more 401k plans.

Company Name: DECORATIVE FABRICS OF AMERICA, LLC

Employer identification number (EIN): 824111568

NAIC Classification: 313000
NAIC Description: Textile Mills

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-05-01
001 2017-05-01 WILEY SHUMATE

Plan Statistics for DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN

401k plan membership statisitcs for DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN

Measure Date Value
2018: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-05-01 185
Total number of active participants reported on line 7a of the Form 5500 2018-05-01 168
Number of retired or separated participants receiving benefits 2018-05-01 1
Number of other retired or separated participants entitled to future benefits 2018-05-01 6
Total of all active and inactive participants 2018-05-01 175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-05-01 0
Total participants 2018-05-01 175
Number of participants with account balances 2018-05-01 24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-05-01 0
2017: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-05-01 163
Total number of active participants reported on line 7a of the Form 5500 2017-05-01 177
Number of retired or separated participants receiving benefits 2017-05-01 0
Number of other retired or separated participants entitled to future benefits 2017-05-01 6
Total of all active and inactive participants 2017-05-01 183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-05-01 0
Total participants 2017-05-01 183
Number of participants with account balances 2017-05-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-05-01 0

Measure	Date	Value
2018: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-05-01	185
Total number of active participants reported on line 7a of the Form 5500	2018-05-01	168
Number of retired or separated participants receiving benefits	2018-05-01	1
Number of other retired or separated participants entitled to future benefits	2018-05-01	6
Total of all active and inactive participants	2018-05-01	175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-05-01	0
Total participants	2018-05-01	175
Number of participants with account balances	2018-05-01	24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-05-01	0
2017: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-05-01	163
Total number of active participants reported on line 7a of the Form 5500	2017-05-01	177
Number of retired or separated participants receiving benefits	2017-05-01	0
Number of other retired or separated participants entitled to future benefits	2017-05-01	6
Total of all active and inactive participants	2017-05-01	183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-05-01	0
Total participants	2017-05-01	183
Number of participants with account balances	2017-05-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-05-01	0

Financial Data on DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN

Measure	Date	Value
2019 : DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-04-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-04-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-04-30	$0
Total income from all sources (including contributions)	2019-04-30	$110,204
Total loss/gain on sale of assets	2019-04-30	$0
Total of all expenses incurred	2019-04-30	$231,867
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-04-30	$229,240
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-04-30	$73,481
Value of total assets at end of year	2019-04-30	$691,881
Value of total assets at beginning of year	2019-04-30	$813,544
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-04-30	$2,627
Total interest from all sources	2019-04-30	$1,626
Total dividends received (eg from common stock, registered investment company shares)	2019-04-30	$0
Administrative expenses professional fees incurred	2019-04-30	$2,627
Was this plan covered by a fidelity bond	2019-04-30	Yes
Value of fidelity bond cover	2019-04-30	$100,000
If this is an individual account plan, was there a blackout period	2019-04-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-04-30	$0
Were there any nonexempt tranactions with any party-in-interest	2019-04-30	No
Contributions received from participants	2019-04-30	$73,481
Participant contributions at end of year	2019-04-30	$23,367
Participant contributions at beginning of year	2019-04-30	$36,836
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-04-30	No
Value of net income/loss	2019-04-30	$-121,663
Value of net assets at end of year (total assets less liabilities)	2019-04-30	$691,881
Value of net assets at beginning of year (total assets less liabilities)	2019-04-30	$813,544
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-04-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-04-30	No
Were any leases to which the plan was party in default or uncollectible	2019-04-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-04-30	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-04-30	$776,708
Value of interest in pooled separate accounts at end of year	2019-04-30	$668,514
Value of interest in pooled separate accounts at beginning of year	2019-04-30	$0
Interest on participant loans	2019-04-30	$1,626
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-04-30	$35,097
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-04-30	No
Was there a failure to transmit to the plan any participant contributions	2019-04-30	No
Has the plan failed to provide any benefit when due under the plan	2019-04-30	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-04-30	$229,240
Did the plan have assets held for investment	2019-04-30	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	2019-04-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-04-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-04-30	Yes
Opinion of an independent qualified public accountant for this plan	2019-04-30	Disclaimer
Accountancy firm name	2019-04-30	FRSCPA, PLLC
Accountancy firm EIN	2019-04-30	592482214
2018 : DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-04-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-04-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-04-30	$0
Total income from all sources (including contributions)	2018-04-30	$167,501
Total loss/gain on sale of assets	2018-04-30	$0
Total of all expenses incurred	2018-04-30	$121,915
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-04-30	$111,126
Expenses. Certain deemed distributions of participant loans	2018-04-30	$7,830
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-04-30	$110,256
Value of total assets at end of year	2018-04-30	$813,544
Value of total assets at beginning of year	2018-04-30	$767,958
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-04-30	$2,959
Total interest from all sources	2018-04-30	$1,969
Total dividends received (eg from common stock, registered investment company shares)	2018-04-30	$0
Administrative expenses professional fees incurred	2018-04-30	$2,959
Was this plan covered by a fidelity bond	2018-04-30	Yes
Value of fidelity bond cover	2018-04-30	$100,000
If this is an individual account plan, was there a blackout period	2018-04-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-04-30	$0
Were there any nonexempt tranactions with any party-in-interest	2018-04-30	No
Contributions received from participants	2018-04-30	$110,256
Participant contributions at end of year	2018-04-30	$36,836
Participant contributions at beginning of year	2018-04-30	$31,400
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-04-30	No
Value of net income/loss	2018-04-30	$45,586
Value of net assets at end of year (total assets less liabilities)	2018-04-30	$813,544
Value of net assets at beginning of year (total assets less liabilities)	2018-04-30	$767,958
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-04-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-04-30	No
Were any leases to which the plan was party in default or uncollectible	2018-04-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-04-30	$776,708
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-04-30	$736,558
Interest on participant loans	2018-04-30	$1,969
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-04-30	$55,276
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-04-30	No
Was there a failure to transmit to the plan any participant contributions	2018-04-30	No
Has the plan failed to provide any benefit when due under the plan	2018-04-30	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-04-30	$111,126
Did the plan have assets held for investment	2018-04-30	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	2018-04-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-04-30	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-04-30	Yes
Opinion of an independent qualified public accountant for this plan	2018-04-30	Disclaimer
Accountancy firm name	2018-04-30	FRSCPA, PLLC
Accountancy firm EIN	2018-04-30	592482214

Form 5500 Responses for DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN

2018: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2018 form 5500 responses
2018-05-01	Type of plan entity	Single employer plan
2018-05-01	Submission has been amended	No
2018-05-01	This submission is the final filing	No
2018-05-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-05-01	Plan is a collectively bargained plan	No
2018-05-01	Plan funding arrangement – Insurance	Yes
2018-05-01	Plan funding arrangement – Trust	Yes
2018-05-01	Plan benefit arrangement – Insurance	Yes
2018-05-01	Plan benefit arrangement - Trust	Yes
2017: DECORATIVE FABRICS OF AMERICA, LLC 401(K) PLAN 2017 form 5500 responses
2017-05-01	Type of plan entity	Single employer plan
2017-05-01	Submission has been amended	No
2017-05-01	This submission is the final filing	No
2017-05-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-05-01	Plan is a collectively bargained plan	No
2017-05-01	Plan funding arrangement – Insurance	Yes
2017-05-01	Plan funding arrangement – Trust	Yes
2017-05-01	Plan benefit arrangement – Insurance	Yes
2017-05-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

108762

Policy instance

Insurance contract or identification number	108762
Number of Individuals Covered	24
Insurance policy start date	2018-05-01
Insurance policy end date	2019-04-30
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $328
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	328
Additional information about fees paid to insurance broker	TPA FEES
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

108762

Policy instance

Insurance contract or identification number	108762
Number of Individuals Covered	28
Insurance policy start date	2017-05-01
Insurance policy end date	2018-04-30
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $607
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	607
Additional information about fees paid to insurance broker	TPA FEES
Insurance broker organization code?	5
Insurance broker name	DYATECH, LLC

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Company Name:	DECORATIVE FABRICS OF AMERICA, LLC
Employer identification number (EIN):	824111568
NAIC Classification:	313000
NAIC Description:	Textile Mills