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JERRY & CAROLE FARMS, INC. 401K PLAN 401k Plan overview

Plan NameJERRY & CAROLE FARMS, INC. 401K PLAN
Plan identification number 002

JERRY & CAROLE FARMS, INC. 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • 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

JERRY & CAROLE FARMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:JERRY & CAROLE FARMS, INC.
Employer identification number (EIN):942312600
NAIC Classification:111900
NAIC Description:Other Crop Farming

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JERRY & CAROLE FARMS, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-03-01
0022015-03-01CAROLE SOUTHAM2016-04-29
0022014-03-01CAROLE SOUTHAM2015-04-30
0022013-03-01CAROLE SOUTHAM
0022012-03-01CAROLE SOUTHAM
0022011-03-01CAROLE SOUTHAM
0022010-03-01CAROLE SOUTHAM
0022009-03-01CAROLE SOUTHAM
0022009-03-01CAROLE SOUTHAM
0022008-03-01CAROLE SOUTHAM
0022007-03-01CAROLE SOUTHAM

Plan Statistics for JERRY & CAROLE FARMS, INC. 401K PLAN

401k plan membership statisitcs for JERRY & CAROLE FARMS, INC. 401K PLAN

Measure Date Value
2013: JERRY & CAROLE FARMS, INC. 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-03-018
Total number of active participants reported on line 7a of the Form 55002013-03-016
Number of retired or separated participants receiving benefits2013-03-010
Number of other retired or separated participants entitled to future benefits2013-03-011
Total of all active and inactive participants2013-03-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-03-010
Total participants2013-03-017
Number of participants with account balances2013-03-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-03-010
2012: JERRY & CAROLE FARMS, INC. 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-03-018
Total number of active participants reported on line 7a of the Form 55002012-03-016
Number of retired or separated participants receiving benefits2012-03-010
Number of other retired or separated participants entitled to future benefits2012-03-012
Total of all active and inactive participants2012-03-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-03-010
Total participants2012-03-018
Number of participants with account balances2012-03-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-03-010
2011: JERRY & CAROLE FARMS, INC. 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-03-017
Total number of active participants reported on line 7a of the Form 55002011-03-015
Number of retired or separated participants receiving benefits2011-03-010
Number of other retired or separated participants entitled to future benefits2011-03-012
Total of all active and inactive participants2011-03-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-03-010
Total participants2011-03-017
Number of participants with account balances2011-03-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-03-010
2010: JERRY & CAROLE FARMS, INC. 401K PLAN 2010 401k membership
Total participants, beginning-of-year2010-03-016
Total number of active participants reported on line 7a of the Form 55002010-03-015
Number of retired or separated participants receiving benefits2010-03-010
Number of other retired or separated participants entitled to future benefits2010-03-011
Total of all active and inactive participants2010-03-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-03-010
Total participants2010-03-016
Number of participants with account balances2010-03-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-03-010
2009: JERRY & CAROLE FARMS, INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-03-016
Total number of active participants reported on line 7a of the Form 55002009-03-016
Number of retired or separated participants receiving benefits2009-03-010
Number of other retired or separated participants entitled to future benefits2009-03-010
Total of all active and inactive participants2009-03-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-03-010
Total participants2009-03-016
Number of participants with account balances2009-03-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-03-010
2008: JERRY & CAROLE FARMS, INC. 401K PLAN 2008 401k membership
Total participants, beginning-of-year2008-03-016
Total number of active participants reported on line 7a of the Form 55002008-03-016
Number of retired or separated participants receiving benefits2008-03-010
Number of other retired or separated participants entitled to future benefits2008-03-010
Total of all active and inactive participants2008-03-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-03-010
Total participants2008-03-016
Number of participants with account balances2008-03-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-03-010
2007: JERRY & CAROLE FARMS, INC. 401K PLAN 2007 401k membership
Total participants, beginning-of-year2007-03-016
Total number of active participants reported on line 7a of the Form 55002007-03-016
Number of retired or separated participants receiving benefits2007-03-010
Number of other retired or separated participants entitled to future benefits2007-03-010
Total of all active and inactive participants2007-03-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2007-03-010
Total participants2007-03-016
Number of participants with account balances2007-03-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2007-03-010

Financial Data on JERRY & CAROLE FARMS, INC. 401K PLAN

Measure Date Value
2014 : JERRY & CAROLE FARMS, INC. 401K PLAN 2014 401k financial data
Total plan liabilities at end of year2014-02-28$0
Total plan liabilities at beginning of year2014-02-28$0
Total income from all sources2014-02-28$29,065
Expenses. Total of all expenses incurred2014-02-28$13,099
Benefits paid (including direct rollovers)2014-02-28$6,472
Total plan assets at end of year2014-02-28$807,685
Total plan assets at beginning of year2014-02-28$791,719
Value of fidelity bond covering the plan2014-02-28$120,000
Total contributions received or receivable from participants2014-02-28$0
Expenses. Other expenses not covered elsewhere2014-02-28$151
Contributions received from other sources (not participants or employers)2014-02-28$0
Other income received2014-02-28$16,616
Noncash contributions received2014-02-28$0
Net income (gross income less expenses)2014-02-28$15,966
Net plan assets at end of year (total assets less liabilities)2014-02-28$807,685
Net plan assets at beginning of year (total assets less liabilities)2014-02-28$791,719
Assets. Value of assets in partnership/joint-venture interests2014-02-28$0
Total contributions received or receivable from employer(s)2014-02-28$12,449
Value of certain deemed distributions of participant loans2014-02-28$0
Value of corrective distributions2014-02-28$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-02-28$6,476
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-02-28$0
2013 : JERRY & CAROLE FARMS, INC. 401K PLAN 2013 401k financial data
Transfers to/from the plan2013-02-28$0
Total plan liabilities at end of year2013-02-28$0
Total plan liabilities at beginning of year2013-02-28$0
Total income from all sources2013-02-28$65,855
Expenses. Total of all expenses incurred2013-02-28$116,463
Benefits paid (including direct rollovers)2013-02-28$110,201
Total plan assets at end of year2013-02-28$791,719
Total plan assets at beginning of year2013-02-28$842,327
Value of fidelity bond covering the plan2013-02-28$120,000
Total contributions received or receivable from participants2013-02-28$0
Expenses. Other expenses not covered elsewhere2013-02-28$0
Contributions received from other sources (not participants or employers)2013-02-28$0
Other income received2013-02-28$53,603
Noncash contributions received2013-02-28$0
Net income (gross income less expenses)2013-02-28$-50,608
Net plan assets at end of year (total assets less liabilities)2013-02-28$791,719
Net plan assets at beginning of year (total assets less liabilities)2013-02-28$842,327
Assets. Value of assets in partnership/joint-venture interests2013-02-28$57,063
Total contributions received or receivable from employer(s)2013-02-28$12,252
Value of certain deemed distributions of participant loans2013-02-28$0
Value of corrective distributions2013-02-28$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-02-28$6,262
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-02-28$0
2012 : JERRY & CAROLE FARMS, INC. 401K PLAN 2012 401k financial data
Transfers to/from the plan2012-02-29$0
Total plan liabilities at end of year2012-02-29$0
Total plan liabilities at beginning of year2012-02-29$0
Total income from all sources2012-02-29$17,793
Expenses. Total of all expenses incurred2012-02-29$0
Benefits paid (including direct rollovers)2012-02-29$0
Total plan assets at end of year2012-02-29$842,327
Total plan assets at beginning of year2012-02-29$824,534
Value of fidelity bond covering the plan2012-02-29$120,000
Total contributions received or receivable from participants2012-02-29$0
Expenses. Other expenses not covered elsewhere2012-02-29$0
Contributions received from other sources (not participants or employers)2012-02-29$0
Other income received2012-02-29$7,125
Noncash contributions received2012-02-29$0
Net income (gross income less expenses)2012-02-29$17,793
Net plan assets at end of year (total assets less liabilities)2012-02-29$842,327
Net plan assets at beginning of year (total assets less liabilities)2012-02-29$824,534
Assets. Value of assets in partnership/joint-venture interests2012-02-29$57,063
Total contributions received or receivable from employer(s)2012-02-29$10,668
Value of certain deemed distributions of participant loans2012-02-29$0
Value of corrective distributions2012-02-29$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-02-29$0
2011 : JERRY & CAROLE FARMS, INC. 401K PLAN 2011 401k financial data
Transfers to/from the plan2011-02-28$0
Total plan liabilities at end of year2011-02-28$0
Total plan liabilities at beginning of year2011-02-28$0
Total income from all sources2011-02-28$75,529
Expenses. Total of all expenses incurred2011-02-28$0
Benefits paid (including direct rollovers)2011-02-28$0
Total plan assets at end of year2011-02-28$824,534
Total plan assets at beginning of year2011-02-28$749,005
Value of fidelity bond covering the plan2011-02-28$120,000
Total contributions received or receivable from participants2011-02-28$0
Expenses. Other expenses not covered elsewhere2011-02-28$0
Contributions received from other sources (not participants or employers)2011-02-28$0
Other income received2011-02-28$0
Noncash contributions received2011-02-28$65,952
Net income (gross income less expenses)2011-02-28$75,529
Net plan assets at end of year (total assets less liabilities)2011-02-28$824,534
Net plan assets at beginning of year (total assets less liabilities)2011-02-28$749,005
Assets. Value of assets in partnership/joint-venture interests2011-02-28$57,152
Total contributions received or receivable from employer(s)2011-02-28$9,577
Value of certain deemed distributions of participant loans2011-02-28$0
Value of corrective distributions2011-02-28$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-02-28$0
2010 : JERRY & CAROLE FARMS, INC. 401K PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-02-28$0

Form 5500 Responses for JERRY & CAROLE FARMS, INC. 401K PLAN

2013: JERRY & CAROLE FARMS, INC. 401K PLAN 2013 form 5500 responses
2013-03-01Type of plan entitySingle employer plan
2013-03-01Submission has been amendedNo
2013-03-01This submission is the final filingNo
2013-03-01This return/report is a short plan year return/report (less than 12 months)No
2013-03-01Plan is a collectively bargained planNo
2013-03-01Plan funding arrangement – InsuranceYes
2013-03-01Plan funding arrangement – TrustYes
2013-03-01Plan benefit arrangement – InsuranceYes
2013-03-01Plan benefit arrangement - TrustYes
2012: JERRY & CAROLE FARMS, INC. 401K PLAN 2012 form 5500 responses
2012-03-01Type of plan entitySingle employer plan
2012-03-01Submission has been amendedNo
2012-03-01This submission is the final filingNo
2012-03-01This return/report is a short plan year return/report (less than 12 months)No
2012-03-01Plan is a collectively bargained planNo
2012-03-01Plan funding arrangement – InsuranceYes
2012-03-01Plan funding arrangement – TrustYes
2012-03-01Plan benefit arrangement – InsuranceYes
2012-03-01Plan benefit arrangement - TrustYes
2011: JERRY & CAROLE FARMS, INC. 401K PLAN 2011 form 5500 responses
2011-03-01Type of plan entitySingle employer plan
2011-03-01Submission has been amendedNo
2011-03-01This submission is the final filingNo
2011-03-01This return/report is a short plan year return/report (less than 12 months)No
2011-03-01Plan is a collectively bargained planNo
2011-03-01Plan funding arrangement – InsuranceYes
2011-03-01Plan funding arrangement – TrustYes
2011-03-01Plan benefit arrangement – InsuranceYes
2011-03-01Plan benefit arrangement - TrustYes
2010: JERRY & CAROLE FARMS, INC. 401K PLAN 2010 form 5500 responses
2010-03-01Type of plan entitySingle employer plan
2010-03-01Submission has been amendedNo
2010-03-01This submission is the final filingNo
2010-03-01This return/report is a short plan year return/report (less than 12 months)No
2010-03-01Plan is a collectively bargained planNo
2010-03-01Plan funding arrangement – InsuranceYes
2010-03-01Plan funding arrangement – TrustYes
2010-03-01Plan benefit arrangement – InsuranceYes
2010-03-01Plan benefit arrangement - TrustYes
2009: JERRY & CAROLE FARMS, INC. 401K PLAN 2009 form 5500 responses
2009-03-01Type of plan entitySingle employer plan
2009-03-01Submission has been amendedYes
2009-03-01This submission is the final filingNo
2009-03-01This return/report is a short plan year return/report (less than 12 months)No
2009-03-01Plan is a collectively bargained planNo
2009-03-01Plan funding arrangement – InsuranceYes
2009-03-01Plan funding arrangement – TrustYes
2009-03-01Plan benefit arrangement – InsuranceYes
2009-03-01Plan benefit arrangement - TrustYes
2008: JERRY & CAROLE FARMS, INC. 401K PLAN 2008 form 5500 responses
2008-03-01Type of plan entitySingle employer plan
2008-03-01Submission has been amendedYes
2008-03-01This submission is the final filingNo
2008-03-01This return/report is a short plan year return/report (less than 12 months)No
2008-03-01Plan is a collectively bargained planNo
2008-03-01Plan funding arrangement – InsuranceYes
2008-03-01Plan funding arrangement – TrustYes
2008-03-01Plan benefit arrangement – InsuranceYes
2008-03-01Plan benefit arrangement - TrustYes
2007: JERRY & CAROLE FARMS, INC. 401K PLAN 2007 form 5500 responses
2007-03-01Type of plan entitySingle employer plan
2007-03-01Submission has been amendedYes
2007-03-01This submission is the final filingNo
2007-03-01This return/report is a short plan year return/report (less than 12 months)No
2007-03-01Plan is a collectively bargained planNo
2007-03-01Plan funding arrangement – InsuranceYes
2007-03-01Plan funding arrangement – TrustYes
2007-03-01Plan benefit arrangement – InsuranceYes
2007-03-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number96784
Policy instance 1
Insurance contract or identification number96784
Number of Individuals Covered3
Insurance policy start date2013-03-01
Insurance policy end date2014-02-28
Are there contracts with allocated funds for individual policies?Yes
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number96784
Policy instance 1
Insurance contract or identification number96784
Number of Individuals Covered3
Insurance policy start date2011-03-01
Insurance policy end date2012-02-29
Are there contracts with allocated funds for individual policies?Yes
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number96784
Policy instance 1
Insurance contract or identification number96784
Number of Individuals Covered3
Insurance policy start date2010-03-01
Insurance policy end date2011-02-28
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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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