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PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 401k Plan overview

Plan NamePETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN
Plan identification number 001

PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HAWAII PETROLEUM, INC. has sponsored the creation of one or more 401k plans.

Company Name:HAWAII PETROLEUM, INC.
Employer identification number (EIN):990287144
NAIC Classification:424700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01DIANE KENNEDY
0012016-01-01DIANE KENNEDY
0012015-01-01DIANE KENNEDY
0012014-01-01DIANE KENNEDY
0012014-01-01DIANE KENNEDY

Plan Statistics for PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN

401k plan membership statisitcs for PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN

Measure Date Value
2017: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01217
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0114
2016: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01216
Total number of active participants reported on line 7a of the Form 55002016-01-01192
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0124
Total of all active and inactive participants2016-01-01216
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01217
Number of participants with account balances2016-01-01189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0129
2015: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01215
Total number of active participants reported on line 7a of the Form 55002015-01-01194
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0119
Total of all active and inactive participants2015-01-01214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-012
Total participants2015-01-01216
Number of participants with account balances2015-01-01184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0115
2014: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01202
Total number of active participants reported on line 7a of the Form 55002014-01-01199
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0116
Total of all active and inactive participants2014-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01215
Number of participants with account balances2014-01-01172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0118

Financial Data on PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN

Measure Date Value
2017 : PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-08-02$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-08-02$0
Total unrealized appreciation/depreciation of assets2017-08-02$0
Total transfer of assets to this plan2017-08-02$0
Total transfer of assets from this plan2017-08-02$6,321,159
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-08-02$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-08-02$0
Expenses. Interest paid2017-08-02$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-08-02$0
Total income from all sources (including contributions)2017-08-02$1,141,633
Total loss/gain on sale of assets2017-08-02$0
Total of all expenses incurred2017-08-02$168,545
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-08-02$165,867
Expenses. Certain deemed distributions of participant loans2017-08-02$0
Value of total corrective distributions2017-08-02$1,790
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-08-02$494,213
Value of total assets at end of year2017-08-02$0
Value of total assets at beginning of year2017-08-02$5,348,071
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-08-02$888
Total income from rents2017-08-02$0
Total interest from all sources2017-08-02$3,123
Total dividends received (eg from common stock, registered investment company shares)2017-08-02$82,695
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-08-02No
Total dividends received from registered investment company shares (eg mutual funds)2017-08-02$82,695
Assets. Real estate other than employer real property at end of year2017-08-02$0
Assets. Real estate other than employer real property at beginning of year2017-08-02$0
Administrative expenses professional fees incurred2017-08-02$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2017-08-02$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2017-08-02$0
Was this plan covered by a fidelity bond2017-08-02Yes
Value of fidelity bond cover2017-08-02$500,000
If this is an individual account plan, was there a blackout period2017-08-02No
Were there any nonexempt tranactions with any party-in-interest2017-08-02No
Contributions received from participants2017-08-02$284,213
Participant contributions at end of year2017-08-02$0
Participant contributions at beginning of year2017-08-02$137,485
Participant contributions at end of year2017-08-02$0
Participant contributions at beginning of year2017-08-02$0
Assets. Other investments not covered elsewhere at end of year2017-08-02$0
Assets. Other investments not covered elsewhere at beginning of year2017-08-02$0
Income. Received or receivable in cash from other sources (including rollovers)2017-08-02$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-08-02$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-08-02$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-08-02$0
Assets. Loans (other than to participants) at end of year2017-08-02$0
Assets. Loans (other than to participants) at beginning of year2017-08-02$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-08-02$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-08-02$0
Other income not declared elsewhere2017-08-02$0
Administrative expenses (other) incurred2017-08-02$888
Liabilities. Value of operating payables at end of year2017-08-02$0
Liabilities. Value of operating payables at beginning of year2017-08-02$0
Total non interest bearing cash at end of year2017-08-02$0
Total non interest bearing cash at beginning of year2017-08-02$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-08-02No
Income. Non cash contributions2017-08-02$0
Value of net income/loss2017-08-02$973,088
Value of net assets at end of year (total assets less liabilities)2017-08-02$0
Value of net assets at beginning of year (total assets less liabilities)2017-08-02$5,348,071
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-08-02No
Were any loans by the plan or fixed income obligations due to the plan in default2017-08-02No
Were any leases to which the plan was party in default or uncollectible2017-08-02No
Assets. partnership/joint venture interests at end of year2017-08-02$0
Assets. partnership/joint venture interests at beginning of year2017-08-02$0
Investment advisory and management fees2017-08-02$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-08-02$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-08-02$5,150,623
Value of interest in pooled separate accounts at end of year2017-08-02$0
Value of interest in pooled separate accounts at beginning of year2017-08-02$0
Interest on participant loans2017-08-02$3,093
Income. Interest from loans (other than to participants)2017-08-02$0
Interest earned on other investments2017-08-02$0
Income. Interest from US Government securities2017-08-02$0
Income. Interest from corporate debt instruments2017-08-02$0
Value of interest in master investment trust accounts at end of year2017-08-02$0
Value of interest in master investment trust accounts at beginning of year2017-08-02$0
Value of interest in common/collective trusts at end of year2017-08-02$0
Value of interest in common/collective trusts at beginning of year2017-08-02$15,495
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-08-02$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-08-02$44,468
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-08-02$44,468
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-08-02$30
Assets. Value of investments in 103.12 investment entities at end of year2017-08-02$0
Assets. Value of investments in 103.12 investment entities at beginning of year2017-08-02$0
Expenses. Payments to insurance carriers foe the provision of benefits2017-08-02$0
Asset value of US Government securities at end of year2017-08-02$0
Asset value of US Government securities at beginning of year2017-08-02$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-08-02$561,479
Net investment gain/loss from pooled separate accounts2017-08-02$0
Net investment gain or loss from common/collective trusts2017-08-02$123
Net gain/loss from 103.12 investment entities2017-08-02$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-08-02No
Was there a failure to transmit to the plan any participant contributions2017-08-02No
Has the plan failed to provide any benefit when due under the plan2017-08-02No
Assets. Invements in employer securities at end of year2017-08-02$0
Assets. Invements in employer securities at beginning of year2017-08-02$0
Assets. Value of employer real property at end of year2017-08-02$0
Assets. Value of employer real property at beginning of year2017-08-02$0
Contributions received in cash from employer2017-08-02$210,000
Employer contributions (assets) at end of year2017-08-02$0
Employer contributions (assets) at beginning of year2017-08-02$0
Income. Dividends from preferred stock2017-08-02$0
Income. Dividends from common stock2017-08-02$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-08-02$165,867
Asset. Corporate debt instrument preferred debt at end of year2017-08-02$0
Asset. Corporate debt instrument preferred debt at beginning of year2017-08-02$0
Asset. Corporate debt instrument debt (other) at end of year2017-08-02$0
Asset. Corporate debt instrument debt (other) at beginning of year2017-08-02$0
Contract administrator fees2017-08-02$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-08-02No
Assets. Corporate common stocks other than exployer securities at end of year2017-08-02$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-08-02$0
Liabilities. Value of benefit claims payable at end of year2017-08-02$0
Liabilities. Value of benefit claims payable at beginning of year2017-08-02$0
Assets. Value of buildings and other operty used in plan operation at end of year2017-08-02$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2017-08-02$0
Did the plan have assets held for investment2017-08-02Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-08-02No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-08-02Yes
Aggregate proceeds on sale of assets2017-08-02$0
Aggregate carrying amount (costs) on sale of assets2017-08-02$0
Liabilities. Value of acquisition indebtedness at end of year2017-08-02$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-08-02$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-08-02Yes
Opinion of an independent qualified public accountant for this plan2017-08-02Disclaimer
Accountancy firm name2017-08-02KAWAHARA & COMPANY CPAS, LLC.
Accountancy firm EIN2017-08-02271496241
2016 : PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Expenses. Interest paid2016-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,096,667
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$399,054
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$394,709
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Value of total corrective distributions2016-12-31$2,776
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$669,211
Value of total assets at end of year2016-12-31$5,348,071
Value of total assets at beginning of year2016-12-31$4,650,458
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,569
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$4,564
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$214,748
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$214,748
Assets. Real estate other than employer real property at end of year2016-12-31$0
Assets. Real estate other than employer real property at beginning of year2016-12-31$0
Administrative expenses professional fees incurred2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$400,457
Participant contributions at end of year2016-12-31$137,485
Participant contributions at beginning of year2016-12-31$130,620
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$0
Assets. Other investments not covered elsewhere at end of year2016-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$18,754
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Assets. Loans (other than to participants) at end of year2016-12-31$0
Assets. Loans (other than to participants) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$1,569
Liabilities. Value of operating payables at end of year2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$697,613
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,348,071
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$4,650,458
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$0
Assets. partnership/joint venture interests at beginning of year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$5,150,623
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,485,421
Value of interest in pooled separate accounts at end of year2016-12-31$0
Value of interest in pooled separate accounts at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$4,547
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$0
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in master investment trust accounts at end of year2016-12-31$0
Value of interest in master investment trust accounts at beginning of year2016-12-31$0
Value of interest in common/collective trusts at end of year2016-12-31$15,495
Value of interest in common/collective trusts at beginning of year2016-12-31$20,040
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$44,468
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$14,377
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$14,377
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$17
Assets. Value of investments in 103.12 investment entities at end of year2016-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2016-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Asset value of US Government securities at end of year2016-12-31$0
Asset value of US Government securities at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$207,886
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$258
Net gain/loss from 103.12 investment entities2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$0
Assets. Invements in employer securities at beginning of year2016-12-31$0
Assets. Value of employer real property at end of year2016-12-31$0
Assets. Value of employer real property at beginning of year2016-12-31$0
Contributions received in cash from employer2016-12-31$250,000
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$0
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$394,709
Asset. Corporate debt instrument preferred debt at end of year2016-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$0
Contract administrator fees2016-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$0
Liabilities. Value of benefit claims payable at end of year2016-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2016-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2016-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31KAWAHARA & COMPANY CPAS, LLC.
Accountancy firm EIN2016-12-31271496241
2015 : PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets2015-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$0
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Expenses. Interest paid2015-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-12-31$0
Total income from all sources (including contributions)2015-12-31$518,491
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$415,590
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$410,236
Expenses. Certain deemed distributions of participant loans2015-12-31$0
Value of total corrective distributions2015-12-31$3,672
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$604,522
Value of total assets at end of year2015-12-31$4,650,458
Value of total assets at beginning of year2015-12-31$4,547,557
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$1,682
Total income from rents2015-12-31$0
Total interest from all sources2015-12-31$4,793
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$230,431
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$230,431
Assets. Real estate other than employer real property at end of year2015-12-31$0
Assets. Real estate other than employer real property at beginning of year2015-12-31$0
Administrative expenses professional fees incurred2015-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2015-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2015-12-31$0
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$366,969
Participant contributions at end of year2015-12-31$130,620
Participant contributions at beginning of year2015-12-31$122,938
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$0
Assets. Other investments not covered elsewhere at end of year2015-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$3,257
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$0
Assets. Loans (other than to participants) at end of year2015-12-31$0
Assets. Loans (other than to participants) at beginning of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Other income not declared elsewhere2015-12-31$0
Administrative expenses (other) incurred2015-12-31$1,682
Liabilities. Value of operating payables at end of year2015-12-31$0
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Total non interest bearing cash at end of year2015-12-31$0
Total non interest bearing cash at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Income. Non cash contributions2015-12-31$0
Value of net income/loss2015-12-31$102,901
Value of net assets at end of year (total assets less liabilities)2015-12-31$4,650,458
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,547,557
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Assets. partnership/joint venture interests at end of year2015-12-31$0
Assets. partnership/joint venture interests at beginning of year2015-12-31$0
Investment advisory and management fees2015-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,485,421
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$4,401,506
Value of interest in pooled separate accounts at end of year2015-12-31$0
Value of interest in pooled separate accounts at beginning of year2015-12-31$0
Interest on participant loans2015-12-31$4,791
Income. Interest from loans (other than to participants)2015-12-31$0
Interest earned on other investments2015-12-31$0
Income. Interest from US Government securities2015-12-31$0
Income. Interest from corporate debt instruments2015-12-31$0
Value of interest in master investment trust accounts at end of year2015-12-31$0
Value of interest in master investment trust accounts at beginning of year2015-12-31$0
Value of interest in common/collective trusts at end of year2015-12-31$20,040
Value of interest in common/collective trusts at beginning of year2015-12-31$886
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$14,377
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$22,227
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$22,227
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$2
Assets. Value of investments in 103.12 investment entities at end of year2015-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2015-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$0
Asset value of US Government securities at end of year2015-12-31$0
Asset value of US Government securities at beginning of year2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-321,355
Net investment gain/loss from pooled separate accounts2015-12-31$0
Net investment gain or loss from common/collective trusts2015-12-31$100
Net gain/loss from 103.12 investment entities2015-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$0
Assets. Invements in employer securities at beginning of year2015-12-31$0
Assets. Value of employer real property at end of year2015-12-31$0
Assets. Value of employer real property at beginning of year2015-12-31$0
Contributions received in cash from employer2015-12-31$234,296
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$0
Income. Dividends from preferred stock2015-12-31$0
Income. Dividends from common stock2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$410,236
Asset. Corporate debt instrument preferred debt at end of year2015-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2015-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$0
Contract administrator fees2015-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$0
Liabilities. Value of benefit claims payable at end of year2015-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2015-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2015-12-31$0
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Aggregate carrying amount (costs) on sale of assets2015-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2015-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31KAWAHARA & COMPANY CPAS, LLC.
Accountancy firm EIN2015-12-31271496241
2014 : PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$0
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Expenses. Interest paid2014-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$0
Total income from all sources (including contributions)2014-12-31$811,726
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,695,115
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,677,329
Expenses. Certain deemed distributions of participant loans2014-12-31$0
Value of total corrective distributions2014-12-31$16,555
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$598,356
Value of total assets at end of year2014-12-31$4,547,557
Value of total assets at beginning of year2014-12-31$5,430,946
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,231
Total income from rents2014-12-31$0
Total interest from all sources2014-12-31$4,497
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$302,390
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$302,390
Assets. Real estate other than employer real property at end of year2014-12-31$0
Assets. Real estate other than employer real property at beginning of year2014-12-31$0
Administrative expenses professional fees incurred2014-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2014-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-12-31$0
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$350,203
Participant contributions at end of year2014-12-31$122,938
Participant contributions at beginning of year2014-12-31$85,800
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Assets. Other investments not covered elsewhere at end of year2014-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Assets. Loans (other than to participants) at end of year2014-12-31$0
Assets. Loans (other than to participants) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$0
Administrative expenses (other) incurred2014-12-31$1,231
Liabilities. Value of operating payables at end of year2014-12-31$0
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Total non interest bearing cash at end of year2014-12-31$0
Total non interest bearing cash at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Income. Non cash contributions2014-12-31$0
Value of net income/loss2014-12-31$-883,389
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,547,557
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$5,430,946
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Assets. partnership/joint venture interests at end of year2014-12-31$0
Assets. partnership/joint venture interests at beginning of year2014-12-31$0
Investment advisory and management fees2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$4,401,506
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$4,593,489
Value of interest in pooled separate accounts at end of year2014-12-31$0
Value of interest in pooled separate accounts at beginning of year2014-12-31$0
Interest on participant loans2014-12-31$4,483
Income. Interest from loans (other than to participants)2014-12-31$0
Interest earned on other investments2014-12-31$0
Income. Interest from US Government securities2014-12-31$0
Income. Interest from corporate debt instruments2014-12-31$0
Value of interest in master investment trust accounts at end of year2014-12-31$0
Value of interest in master investment trust accounts at beginning of year2014-12-31$0
Value of interest in common/collective trusts at end of year2014-12-31$886
Value of interest in common/collective trusts at beginning of year2014-12-31$393,784
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$22,227
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$357,873
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$357,873
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$14
Assets. Value of investments in 103.12 investment entities at end of year2014-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2014-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$0
Asset value of US Government securities at end of year2014-12-31$0
Asset value of US Government securities at beginning of year2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-94,351
Net investment gain/loss from pooled separate accounts2014-12-31$0
Net investment gain or loss from common/collective trusts2014-12-31$834
Net gain/loss from 103.12 investment entities2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$0
Assets. Invements in employer securities at beginning of year2014-12-31$0
Assets. Value of employer real property at end of year2014-12-31$0
Assets. Value of employer real property at beginning of year2014-12-31$0
Contributions received in cash from employer2014-12-31$248,153
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$0
Income. Dividends from preferred stock2014-12-31$0
Income. Dividends from common stock2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,677,329
Asset. Corporate debt instrument preferred debt at end of year2014-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2014-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$0
Contract administrator fees2014-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Liabilities. Value of benefit claims payable at end of year2014-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2014-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$0
Aggregate carrying amount (costs) on sale of assets2014-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2014-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31KAWAHARA & COMPANY CPAS, LLC.
Accountancy firm EIN2014-12-31271496241

Form 5500 Responses for PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN

2017: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: PETROLEUM & CONVENIENCE STORE PROFIT-SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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