401k Plan data: MIDLAND BEAN COMPANY PROFIT SHARING TRUST plan

MIDLAND BEAN COMPANY PROFIT SHARING TRUST 401k Plan overview

Plan Name	MIDLAND BEAN COMPANY PROFIT SHARING TRUST
Plan identification number	001

MIDLAND BEAN COMPANY PROFIT SHARING TRUST 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.
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

MIDLAND BEAN COMPANY has sponsored the creation of one or more 401k plans.

Company Name: MIDLAND BEAN COMPANY

Employer identification number (EIN): 840397425

NAIC Classification: 424500

Additional information about MIDLAND BEAN COMPANY

Jurisdiction of Incorporation: Colorado Department of State

Incorporation Date: 1950-01-21

Company Identification Number: 19871117569

Legal Registered Office Address: 489 Highway 491

Dove Creek
United States of America (USA)
81324

More information about MIDLAND BEAN COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MIDLAND BEAN COMPANY PROFIT SHARING TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2015-09-01 DENISE BEANLAND 2016-09-01 DENISE BEANLAND 2016-09-01
001 2014-09-01 DENISE BEANLAND 2016-03-16 DENISE BEANLAND 2016-03-16
001 2013-09-01 DENISE BEANLAND 2015-03-27 JACK W TANNER 2015-03-27
001 2012-09-01 JACK W TANNER 2013-12-20 JACK W TANNER 2013-12-20
001 2011-09-01 JACK W TANNER 2013-04-03 JACK W TANNER 2013-04-03
001 2010-09-01 DENISE BEANLAND
001 2009-09-01 DENISE BEANLAND

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2015-09-01	DENISE BEANLAND	2016-09-01	DENISE BEANLAND	2016-09-01
001	2014-09-01	DENISE BEANLAND	2016-03-16	DENISE BEANLAND	2016-03-16
001	2013-09-01	DENISE BEANLAND	2015-03-27	JACK W TANNER	2015-03-27
001	2012-09-01	JACK W TANNER	2013-12-20	JACK W TANNER	2013-12-20
001	2011-09-01	JACK W TANNER	2013-04-03	JACK W TANNER	2013-04-03
001	2010-09-01	DENISE BEANLAND
001	2009-09-01	DENISE BEANLAND

Plan Statistics for MIDLAND BEAN COMPANY PROFIT SHARING TRUST

401k plan membership statisitcs for MIDLAND BEAN COMPANY PROFIT SHARING TRUST

Measure Date Value
2010: MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2010 401k membership
Total participants, beginning-of-year 2010-09-01 10
Total number of active participants reported on line 7a of the Form 5500 2010-09-01 8
Number of other retired or separated participants entitled to future benefits 2010-09-01 4
Total of all active and inactive participants 2010-09-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-09-01 0
Total participants 2010-09-01 12
Number of participants with account balances 2010-09-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-09-01 0
2009: MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2009 401k membership
Total participants, beginning-of-year 2009-09-01 10
Total number of active participants reported on line 7a of the Form 5500 2009-09-01 6
Number of retired or separated participants receiving benefits 2009-09-01 0
Number of other retired or separated participants entitled to future benefits 2009-09-01 4
Total of all active and inactive participants 2009-09-01 10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-09-01 0
Total participants 2009-09-01 10
Number of participants with account balances 2009-09-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-09-01 0

Measure	Date	Value
2010: MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2010 401k membership
Total participants, beginning-of-year	2010-09-01	10
Total number of active participants reported on line 7a of the Form 5500	2010-09-01	8
Number of other retired or separated participants entitled to future benefits	2010-09-01	4
Total of all active and inactive participants	2010-09-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-09-01	0
Total participants	2010-09-01	12
Number of participants with account balances	2010-09-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-09-01	0
2009: MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2009 401k membership
Total participants, beginning-of-year	2009-09-01	10
Total number of active participants reported on line 7a of the Form 5500	2009-09-01	6
Number of retired or separated participants receiving benefits	2009-09-01	0
Number of other retired or separated participants entitled to future benefits	2009-09-01	4
Total of all active and inactive participants	2009-09-01	10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-09-01	0
Total participants	2009-09-01	10
Number of participants with account balances	2009-09-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-09-01	0

Financial Data on MIDLAND BEAN COMPANY PROFIT SHARING TRUST

Measure	Date	Value
2011 : MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2011 401k financial data
Total income from all sources	2011-08-31	$34,227
Expenses. Total of all expenses incurred	2011-08-31	$3,887
Total plan assets at end of year	2011-08-31	$1,459,934
Total plan assets at beginning of year	2011-08-31	$1,429,594
Value of fidelity bond covering the plan	2011-08-31	$750,000
Expenses. Other expenses not covered elsewhere	2011-08-31	$3,887
Other income received	2011-08-31	$34,227
Net income (gross income less expenses)	2011-08-31	$30,340
Net plan assets at end of year (total assets less liabilities)	2011-08-31	$1,459,934
Net plan assets at beginning of year (total assets less liabilities)	2011-08-31	$1,429,594
Assets. Value of participant loans	2011-08-31	$3,024
Assets. Value of real-estate (other than employer real property)	2011-08-31	$725,237

Form 5500 Responses for MIDLAND BEAN COMPANY PROFIT SHARING TRUST

2010: MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2010 form 5500 responses
2010-09-01	Type of plan entity	Single employer plan
2010-09-01	Submission has been amended	No
2010-09-01	This submission is the final filing	No
2010-09-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-09-01	Plan is a collectively bargained plan	No
2010-09-01	Plan funding arrangement – Insurance	Yes
2010-09-01	Plan funding arrangement – Trust	Yes
2010-09-01	Plan benefit arrangement – Insurance	Yes
2010-09-01	Plan benefit arrangement - Trust	Yes
2009: MIDLAND BEAN COMPANY PROFIT SHARING TRUST 2009 form 5500 responses
2009-09-01	Type of plan entity	Single employer plan
2009-09-01	Submission has been amended	No
2009-09-01	This submission is the final filing	No
2009-09-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-09-01	Plan is a collectively bargained plan	No
2009-09-01	Plan funding arrangement – Insurance	Yes
2009-09-01	Plan funding arrangement – Trust	Yes
2009-09-01	Plan benefit arrangement – Insurance	Yes
2009-09-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )

Policy contract number

000422434

Policy instance

Insurance contract or identification number	000422434
Number of Individuals Covered	10
Insurance policy start date	2010-09-01
Insurance policy end date	2011-08-31
Total amount of commissions paid to insurance broker	USD $5,330
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
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

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Company Name:	MIDLAND BEAN COMPANY
Employer identification number (EIN):	840397425
NAIC Classification:	424500

Jurisdiction of Incorporation:	Colorado Department of State
Incorporation Date:	1950-01-21
Company Identification Number:	19871117569
Legal Registered Office Address:	489 Highway 491 Dove Creek United States of America (USA) 81324