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| Plan Name | OPEN LOOP ENERGY INC PRE-TAX PREMIUM PLAN |
| Plan identification number | 501 |
| 401k Plan Type | Welfare Benefit |
| Plan Features/Benefits |
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| Company Name: | OPEN LOOP ENERGY, INC. |
| Employer identification number (EIN): | 860701324 |
| NAIC Classification: | 811310 |
| NAIC Description: | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance |
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 501 | 2009-07-01 | JACKIE HOISINGTON |
| Measure | Date | Value |
|---|---|---|
| 2009: OPEN LOOP ENERGY INC PRE-TAX PREMIUM PLAN 2009 401k membership | ||
| Total participants, beginning-of-year | 2009-07-01 | 47 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-07-01 | 50 |
| Number of retired or separated participants receiving benefits | 2009-07-01 | 1 |
| Total of all active and inactive participants | 2009-07-01 | 51 |
| Total participants | 2009-07-01 | 51 |
| Measure | Date | Value |
|---|---|---|
| 2011 : OPEN LOOP ENERGY INC PRE-TAX PREMIUM PLAN 2011 401k financial data | ||
| Total income from all sources | 2011-06-30 | $485,304 |
| Expenses. Total of all expenses incurred | 2011-06-30 | $484,215 |
| Benefits paid (including direct rollovers) | 2011-06-30 | $484,215 |
| Total plan assets at end of year | 2011-06-30 | $46,005 |
| Total plan assets at beginning of year | 2011-06-30 | $44,916 |
| Total contributions received or receivable from participants | 2011-06-30 | $139,149 |
| Net income (gross income less expenses) | 2011-06-30 | $1,089 |
| Net plan assets at end of year (total assets less liabilities) | 2011-06-30 | $46,005 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-06-30 | $44,916 |
| Total contributions received or receivable from employer(s) | 2011-06-30 | $346,155 |
| 2009: OPEN LOOP ENERGY INC PRE-TAX PREMIUM PLAN 2009 form 5500 responses | ||
|---|---|---|
| 2009-07-01 | Type of plan entity | Single employer plan |
| 2009-07-01 | Plan funding arrangement – Trust | Yes |
| 2009-07-01 | Plan benefit arrangement – Insurance | Yes |
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