401k Plan data: PERFORM AIR INT'L INC 401K PSP plan

PERFORM AIR INT'L INC 401K PSP 401k Plan overview

Plan Name	PERFORM AIR INT'L INC 401K PSP
Plan identification number	001

PERFORM AIR INT'L INC 401K PSP Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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

PERFORM AIR INT'L INC has sponsored the creation of one or more 401k plans.

Company Name: PERFORM AIR INT'L INC

Employer identification number (EIN): 860587449

NAIC Classification: 488100
NAIC Description: Support Activities for Air Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERFORM AIR INT'L INC 401K PSP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 JEFF STIMSON
001 2010-01-01 JEFF STIMSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	JEFF STIMSON
001	2010-01-01	JEFF STIMSON

Plan Statistics for PERFORM AIR INT'L INC 401K PSP

401k plan membership statisitcs for PERFORM AIR INT'L INC 401K PSP

Measure Date Value
2011: PERFORM AIR INT'L INC 401K PSP 2011 401k membership
Total participants, beginning-of-year 2011-01-01 66
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 52
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 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 52
Number of participants with account balances 2011-01-01 52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: PERFORM AIR INT'L INC 401K PSP 2010 401k membership
Total participants, beginning-of-year 2010-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 51
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 2
Total of all active and inactive participants 2010-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 53
Number of participants with account balances 2010-01-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0

Measure	Date	Value
2011: PERFORM AIR INT'L INC 401K PSP 2011 401k membership
Total participants, beginning-of-year	2011-01-01	66
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	52
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	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	52
Number of participants with account balances	2011-01-01	52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: PERFORM AIR INT'L INC 401K PSP 2010 401k membership
Total participants, beginning-of-year	2010-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	51
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	2
Total of all active and inactive participants	2010-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	53
Number of participants with account balances	2010-01-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0

Financial Data on PERFORM AIR INT'L INC 401K PSP

Measure	Date	Value
2011 : PERFORM AIR INT'L INC 401K PSP 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total income from all sources	2011-12-31	$78,198
Expenses. Total of all expenses incurred	2011-12-31	$108,792
Benefits paid (including direct rollovers)	2011-12-31	$108,199
Total plan assets at end of year	2011-12-31	$1,318,234
Total plan assets at beginning of year	2011-12-31	$1,348,828
Value of fidelity bond covering the plan	2011-12-31	$150,000
Total contributions received or receivable from participants	2011-12-31	$145,475
Expenses. Other expenses not covered elsewhere	2011-12-31	$593
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$-124,092
Net income (gross income less expenses)	2011-12-31	$-30,594
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,318,234
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,348,828
Assets. Value of participant loans	2011-12-31	$23,404
Total contributions received or receivable from employer(s)	2011-12-31	$56,815
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	2011-12-31	$0
2010 : PERFORM AIR INT'L INC 401K PSP 2010 401k financial data
Total income from all sources	2010-12-31	$423,711
Expenses. Total of all expenses incurred	2010-12-31	$2,535
Benefits paid (including direct rollovers)	2010-12-31	$2,094
Total plan assets at end of year	2010-12-31	$1,348,828
Total plan assets at beginning of year	2010-12-31	$0
Value of fidelity bond covering the plan	2010-12-31	$75,000
Total contributions received or receivable from participants	2010-12-31	$143,511
Expenses. Other expenses not covered elsewhere	2010-12-31	$441
Contributions received from other sources (not participants or employers)	2010-12-31	$106,020
Other income received	2010-12-31	$117,424
Net income (gross income less expenses)	2010-12-31	$421,176
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,348,828
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$0
Assets. Value of participant loans	2010-12-31	$46,661
Total contributions received or receivable from employer(s)	2010-12-31	$56,756
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0

Form 5500 Responses for PERFORM AIR INT'L INC 401K PSP

2011: PERFORM AIR INT'L INC 401K PSP 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 – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2010: PERFORM AIR INT'L INC 401K PSP 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
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

Potentially related plans

PERFORM AIR INT'L INC 401K PSP [EIN = 860587499]

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Company Name:	PERFORM AIR INT'L INC
Employer identification number (EIN):	860587449
NAIC Classification:	488100
NAIC Description:	Support Activities for Air Transportation