401k Plan data: OLEN'S 401(K) BENEFIT PLAN plan

OLEN'S 401(K) BENEFIT PLAN 401k Plan overview

Plan Name	OLEN'S 401(K) BENEFIT PLAN
Plan identification number	001

OLEN'S 401(K) BENEFIT 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OLEN PROPERTIES CORP. has sponsored the creation of one or more 401k plans.

Company Name: OLEN PROPERTIES CORP.

Employer identification number (EIN): 953519175

NAIC Classification: 531120
NAIC Description: Lessors of Nonresidential Buildings (except Miniwarehouses)

Additional information about OLEN PROPERTIES CORP.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 1992-03-12

Company Identification Number: V21048

Legal Registered Office Address: 1200 South Pine Island Road

Plantation

33324

More information about OLEN PROPERTIES CORP.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OLEN'S 401(K) BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 JAYNE TAYLOR
001 2011-01-01 JAYNE TAYLOR
001 2009-01-01 JAYNE TAYLOR
001 2009-01-01 JAYNE TAYLOR
001 2009-01-01 JAYNE TAYLOR
001 2009-01-01 JAYNE TAYLOR

Plan id#	Filing Submission Date	Name of Administrator
001	2012-01-01	JAYNE TAYLOR
001	2011-01-01	JAYNE TAYLOR
001	2009-01-01	JAYNE TAYLOR
001	2009-01-01	JAYNE TAYLOR
001	2009-01-01	JAYNE TAYLOR
001	2009-01-01	JAYNE TAYLOR

Plan Statistics for OLEN'S 401(K) BENEFIT PLAN

401k plan membership statisitcs for OLEN'S 401(K) BENEFIT PLAN

Measure Date Value
2012: OLEN'S 401(K) BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 288
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 250
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 41
Total of all active and inactive participants 2012-01-01 291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 291
Number of participants with account balances 2012-01-01 139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 6
2011: OLEN'S 401(K) BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 289
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 249
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 39
Total of all active and inactive participants 2011-01-01 288
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 288
Number of participants with account balances 2011-01-01 142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 4
2009: OLEN'S 401(K) BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 284
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 251
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 39
Total of all active and inactive participants 2009-01-01 290
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 290
Number of participants with account balances 2009-01-01 129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 11

Measure	Date	Value
2012: OLEN'S 401(K) BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	288
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	250
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	41
Total of all active and inactive participants	2012-01-01	291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	291
Number of participants with account balances	2012-01-01	139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	6
2011: OLEN'S 401(K) BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	289
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	249
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	39
Total of all active and inactive participants	2011-01-01	288
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	288
Number of participants with account balances	2011-01-01	142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	4
2009: OLEN'S 401(K) BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	284
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	251
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	39
Total of all active and inactive participants	2009-01-01	290
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	290
Number of participants with account balances	2009-01-01	129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	11

Financial Data on OLEN'S 401(K) BENEFIT PLAN

Measure	Date	Value
2012 : OLEN'S 401(K) BENEFIT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$930,402
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$350,884
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$335,864
Value of total corrective distributions	2012-12-31	$875
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$478,537
Value of total assets at end of year	2012-12-31	$4,150,813
Value of total assets at beginning of year	2012-12-31	$3,571,295
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$14,145
Total interest from all sources	2012-12-31	$8,566
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$68,925
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$68,925
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$325,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$351,154
Participant contributions at end of year	2012-12-31	$145,849
Participant contributions at beginning of year	2012-12-31	$171,559
Assets. Other investments not covered elsewhere at end of year	2012-12-31	$166,138
Assets. Other investments not covered elsewhere at beginning of year	2012-12-31	$134,704
Other income not declared elsewhere	2012-12-31	$10,944
Administrative expenses (other) incurred	2012-12-31	$14,145
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$579,518
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$4,150,813
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$3,571,295
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$3,838,826
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$3,265,032
Interest on participant loans	2012-12-31	$8,566
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$363,430
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$127,383
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$335,864
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2012-12-31	No
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	CNM, LLP
Accountancy firm EIN	2012-12-31	651202484
2011 : OLEN'S 401(K) BENEFIT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$406,181
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$314,782
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$298,559
Value of total corrective distributions	2011-12-31	$4,469
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$474,063
Value of total assets at end of year	2011-12-31	$3,571,295
Value of total assets at beginning of year	2011-12-31	$3,479,896
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$11,754
Total interest from all sources	2011-12-31	$10,130
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$56,114
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$56,114
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$325,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$124,150
Participant contributions at end of year	2011-12-31	$171,559
Participant contributions at beginning of year	2011-12-31	$205,693
Assets. Other investments not covered elsewhere at end of year	2011-12-31	$134,704
Assets. Other investments not covered elsewhere at beginning of year	2011-12-31	$65,051
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$235
Other income not declared elsewhere	2011-12-31	$-6,334
Administrative expenses (other) incurred	2011-12-31	$11,754
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$91,399
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$3,571,295
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$3,479,896
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$3,265,032
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$3,209,152
Interest on participant loans	2011-12-31	$10,130
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-127,792
Net investment gain or loss from common/collective trusts	2011-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$349,678
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$298,559
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	CNM, LLP
Accountancy firm EIN	2011-12-31	651202484
2010 : OLEN'S 401(K) BENEFIT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$748,655
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$106,088
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$84,994
Value of total corrective distributions	2010-12-31	$6,609
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$421,842
Value of total assets at end of year	2010-12-31	$3,479,896
Value of total assets at beginning of year	2010-12-31	$2,837,329
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$14,485
Total interest from all sources	2010-12-31	$11,060
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$40,750
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$40,750
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$325,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$310,992
Participant contributions at end of year	2010-12-31	$205,693
Participant contributions at beginning of year	2010-12-31	$204,825
Assets. Other investments not covered elsewhere at end of year	2010-12-31	$65,051
Assets. Other investments not covered elsewhere at beginning of year	2010-12-31	$58,223
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$197
Other income not declared elsewhere	2010-12-31	$-10,350
Administrative expenses (other) incurred	2010-12-31	$14,485
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$642,567
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,479,896
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,837,329
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$3,209,152
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$2,574,281
Interest on participant loans	2010-12-31	$11,060
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$285,353
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$110,653
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$84,994
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	CNM, LLP
Accountancy firm EIN	2010-12-31	651202484
2009 : OLEN'S 401(K) BENEFIT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for OLEN'S 401(K) BENEFIT PLAN

2012: OLEN'S 401(K) BENEFIT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: OLEN'S 401(K) BENEFIT PLAN 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 – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: OLEN'S 401(K) BENEFIT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	OLEN PROPERTIES CORP.
Employer identification number (EIN):	953519175
NAIC Classification:	531120
NAIC Description:	Lessors of Nonresidential Buildings (except Miniwarehouses)

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	1992-03-12
Company Identification Number:	V21048
Legal Registered Office Address:	1200 South Pine Island Road Plantation 33324