Civic Intelligence
Filing

DEVELOPING POTENTIAL INC PROFIT SHARING PLAN

DEVELOPING POTENTIAL INC • EIN 34-1202596 • Plan year 2000

Company ProfileSource Archive

View Related Profile

Filing Insights

Participants

Down

16 → 9

-7 • -43.75%

Assets

Down

$108,818 → $96,722

-$12,096 • -11.12%

Investment Management Fee

-

Admin expenses - • Total expenses $26,307

Filing Details

Context
Net investment result
$-12,096
Pension payor EIN
42-0127290

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

Yes

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200310$0$0-
DEVELOPING POTENTIAL INC PROFIT SHARING PLAN-0---
200210$93,390$5,517-
DEVELOPING POTENTIAL INC PROFIT SHARING PLAN-0$93,390$5,517-
200118$90,981$9,070$1,134iApproximate average salary by contribution assumption: employee only about $28,344 at 4% or $18,896 at 6%; with 50% employer match about $18,896 at 4% or $12,597 at 6%; with 100% employer match about $14,172 at 4% or $9,448 at 6%.
DEVELOPING POTENTIAL INC PROFIT SHARING PLAN-8$90,981$9,070$1,134iApproximate average salary by contribution assumption: employee only about $28,344 at 4% or $18,896 at 6%; with 50% employer match about $18,896 at 4% or $12,597 at 6%; with 100% employer match about $14,172 at 4% or $9,448 at 6%.
200019$96,722$10,281$1,142iApproximate average salary by contribution assumption: employee only about $28,558 at 4% or $19,039 at 6%; with 50% employer match about $19,039 at 4% or $12,693 at 6%; with 100% employer match about $14,279 at 4% or $9,519 at 6%.
DEVELOPING POTENTIAL INC PROFIT SHARING PLANCurrent9$96,722$10,281$1,142iApproximate average salary by contribution assumption: employee only about $28,558 at 4% or $19,039 at 6%; with 50% employer match about $19,039 at 4% or $12,693 at 6%; with 100% employer match about $14,279 at 4% or $9,519 at 6%.
Schedule Details

Schedule A

Row 1
Filing Id
84037049130562
Form Id
12675809
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
30372049130060002
Ins Broker 01 Name
ACORDIA MOORE PETERSON
Ins Broker 01 Street Addr
580 N 4TH ST STE 400
Ins Broker 01 City
COLUMBUS
Ins Broker 01 State
OH
Ins Broker 01 ZIP Code
43252153
Ins Broker Comm Pd 01 Amount
$304
Ins Broker Fees Pd 01 Amount
$107
Ins Broker Fees Pd 01 Text
SERVICE FEE
Ins Broker 01 Code
3
Row 2
Filing Id
84037049130562
Form Id
12675809
Page Id
2
Page Seq
0
Page Row Num
2
Row Num
1
Image Form Id
30372049130060002
Ins Broker 01 Name
ACORDIA FINANCIAL SERVICES OF OHIO
Ins Broker 01 Street Addr
131 N LUDLOW ST
Ins Broker 01 City
DATON
Ins Broker 01 State
OH
Ins Broker 01 ZIP Code
454021703
Ins Broker Comm Pd 01 Amount
$0
Ins Broker Fees Pd 01 Amount
$22
Ins Broker Fees Pd 01 Text
PRORATED INCENTIVE NOT DEDUCTED FROM PLAN
Ins Broker 01 Code
3
Row 3
Ins Carrier Name: PRINCIPAL LIFE INSURANCE COMPANY
Filing Id
84037049130562
Form Id
12675809
Schedule A EIN
34-1202596
Schedule A Plan Num
001
Schedule A Plan Year Begin Date
2000-01-01
Schedule A Tax Period
20001231
Ins Carrier Name
PRINCIPAL LIFE INSURANCE COMPANY
Ins Carrier EIN
42-0127290
Ins Carrier Naic Code
61271
Ins Prsn Covered End of year Count
13
Ins Policy From Date
2000-01-01
Ins Policy To Date
2000-12-31
Ins Broker Comm Total Amount
$304
Ins Broker Fees Total Amount
$129
Pension End of year Gen Account Amount
$56,450
Pension End of year Sep Account Amount
$37,821
Pension Prem Paid Total Amount
$0
Pension Unpaid Premium Amount
$0
Pension Contract Cost Amount
$0
Pnsn Type Unalloc Cntrct I
4
Pension Oth Unalloc Type Text
PENSION PROVIDER
Pension End Prev Bal Amount
$67,570
Pension Contribution Dep Amount
$8,400
Pension Divnd Cr Dep Amount
$0
Pension Interest Cr Dur Yr Amount
$3,194
Pension Transfer From Amount
$986
Pension Other Amount
$3,686
Pension Other Text
MKT VALUE CHANGE
Pension Total Additions Amount
$16,266
Pension Total Bal Addn Amount
$83,836
Pension Bnfts Dsbrsd Amount
$25,630
Pension Admin Chrg Amount
$368
Pension Transfer To Amount
$1,388
Pension Oth Ded Amount
$0
Pension Total Ded Amount
$27,386
Pension End of year Bal Amount
$56,450
Wlfr Premium Rcvd Amount
$0
Wlfr Unpaid Due Amount
$0
Wlfr Reserve Amount
$0
Wlfr Total Earned Prem Amount
$0
Wlfr Claims Paid Amount
$0
Wlfr Incr Reserve Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Claims Chrgd Amount
$0
Wlfr Ret Commissions Amount
$0
Wlfr Ret Admin Amount
$0
Wlfr Ret Oth Cost Amount
$0
Wlfr Ret Oth Expense Amount
$0
Wlfr Ret Taxes Amount
$0
Wlfr Ret Charges Amount
$0
Wlfr Ret Oth Chrgs Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Amount
$0
Wlfr Held Bnfts Amount
$0
Wlfr Claims Reserve Amount
$0
Wlfr Oth Reserve Amount
$0
Wlfr Divnds Due Amount
$0
Wlfr Total Charges Paid Amount
$0
Wlfr Acquis Cost Amount
$0

Schedule D

Row 1
Filing Id
84037049130562
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
30372049130060003
DFE P1 Entity 01 Name
U.S. STOCK ACCOUNT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290034
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 2
Filing Id
84037049130562
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
30372049130060003
Row 3
Filing Id
84037049130562
Page Id
1
Page Seq
0
Page Row Num
2
Row Num
1
Image Form Id
30372049130060003
DFE P1 Entity 01 Name
MONEY MARKET ACCOUNT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290024
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$1,643
Row 4
Filing Id
84037049130562
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
2
Image Form Id
30372049130060003
DFE P1 Entity 01 Name
REAL ESTATE ACCOUNT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290027
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$123
Row 5
Filing Id
84037049130562
Page Id
2
Page Seq
0
Page Row Num
2
Row Num
3
Image Form Id
30372049130060003
DFE P1 Entity 01 Name
BOND AND MORTGAGE ACCOUNT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290005
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$389
Row 6
Filing Id
84037049130562
Page Id
2
Page Seq
0
Page Row Num
3
Row Num
4
Image Form Id
30372049130060003
DFE P1 Entity 01 Name
LARGE COMPANY BLEND ACCOUNT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290017
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$2,525
Row 7
Filing Id
84037049130562
Page Id
2
Page Seq
0
Page Row Num
4
Row Num
5
Image Form Id
30372049130060003
DFE P1 Entity 01 Name
LARGE CAP STOCK INDEX ACCOUNT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290016
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$579

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$96,722-$12,096 change

Balance Sheet

Beginning and end of plan year.

Total assets$108,818$96,722Decrease -$12,096 (-11.12%)
Total liabilities$0$0No change $0
Net assets$108,818$96,722Decrease -$12,096 (-11.12%)

Contributions

Employer contributions$10,281
Participant contributions$0
Other contributions$0

Income & Expenses

Total income$14,211
Total expenses$26,307
Net income$-12,096
Source fields
Schedule I source fields
Filing Id
84037049130562
Schedule I EIN
34-1202596
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2000-01-01
Schedule I Tax Period
20001231
Small plan total assets at beginning of year
$108,818
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$108,818
Small plan total assets at end of year
$96,722
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$96,722
Small plan employer contributions
$10,281
Small plan participant contributions
$0
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$3,930
Small plan total income
$14,211
Small plan total benefit distributions
$25,931
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$376
Small plan total expenses
$26,307
Small plan net income or loss
$-12,096
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$60,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Small plan resolution to terminate plan adopted
Yes
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN42-0127290

Transfers

Distributed property value$0
Schedule R source fields
Payor 42-0127290
Filing Id
84037049130562
Schedule R EIN
34-1202596
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2000-01-01
Schedule R Tax Period
20001231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
42-0127290
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Pension Amdmt Incr Valuation Bnft Indicator
Yes