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PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 401k Plan overview

Plan NamePENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC.
Plan identification number 002

PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WEIR VALVES AND CONTROLS USA INC. has sponsored the creation of one or more 401k plans.

Company Name:WEIR VALVES AND CONTROLS USA INC.
Employer identification number (EIN):042903959
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-10-01JIM DOXEY
0022012-10-01MARK CLAFFEY MARK CLAFFEY2014-07-14
0022011-10-01MICHAEL FERRUCCI
0022009-10-01MICHAEL FERRUCCI
0022009-10-01 MICHAEL FERRUCCI2011-07-01
0022008-10-01

Plan Statistics for PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC.

401k plan membership statisitcs for PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC.

Measure Date Value
2013: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2013 401k membership
Total participants, beginning-of-year2013-10-01128
Total number of active participants reported on line 7a of the Form 55002013-10-010
Number of retired or separated participants receiving benefits2013-10-010
Number of other retired or separated participants entitled to future benefits2013-10-010
Total of all active and inactive participants2013-10-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-10-010
Total participants2013-10-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-10-010
2012: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2012 401k membership
Total participants, beginning-of-year2012-10-01130
Total number of active participants reported on line 7a of the Form 55002012-10-0134
Number of retired or separated participants receiving benefits2012-10-0130
Number of other retired or separated participants entitled to future benefits2012-10-0158
Total of all active and inactive participants2012-10-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-016
Total participants2012-10-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-010
2011: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2011 401k membership
Total participants, beginning-of-year2011-10-01107
Total number of active participants reported on line 7a of the Form 55002011-10-0144
Number of retired or separated participants receiving benefits2011-10-0129
Number of other retired or separated participants entitled to future benefits2011-10-0151
Total of all active and inactive participants2011-10-01124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-10-016
Total participants2011-10-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-10-010
2009: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2009 401k membership
Total participants, beginning-of-year2009-10-01113
Total number of active participants reported on line 7a of the Form 55002009-10-0159
Number of retired or separated participants receiving benefits2009-10-015
Number of other retired or separated participants entitled to future benefits2009-10-0145
Total of all active and inactive participants2009-10-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-010

Financial Data on PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC.

Measure Date Value
2013 : PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets from this plan2013-12-31$9,289,934
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,063,300
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$2,808,071
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,800,287
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$67,000
Value of total assets at end of year2013-12-31$0
Value of total assets at beginning of year2013-12-31$11,034,705
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$7,784
Total interest from all sources2013-12-31$75,594
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Other income not declared elsewhere2013-12-31$303,516
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-1,744,771
Value of net assets at end of year (total assets less liabilities)2013-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$11,034,705
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$0
Value of interest in pooled separate accounts at beginning of year2013-12-31$6,006,404
Interest earned on other investments2013-12-31$75,594
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$5,028,301
Net investment gain/loss from pooled separate accounts2013-12-31$617,190
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$67,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,800,287
Contract administrator fees2013-12-31$7,784
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31GRAY, GRAY & GRAY, LLP
Accountancy firm EIN2013-12-31042088368
Total unrealized appreciation/depreciation of assets2013-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-09-30$0
Total income from all sources (including contributions)2013-09-30$1,450,777
Total loss/gain on sale of assets2013-09-30$0
Total of all expenses incurred2013-09-30$649,333
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-09-30$636,067
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-09-30$273,510
Value of total assets at end of year2013-09-30$11,034,705
Value of total assets at beginning of year2013-09-30$10,233,261
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-09-30$13,266
Total interest from all sources2013-09-30$157,383
Total dividends received (eg from common stock, registered investment company shares)2013-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-09-30No
Was this plan covered by a fidelity bond2013-09-30Yes
Value of fidelity bond cover2013-09-30$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-09-30$0
Were there any nonexempt tranactions with any party-in-interest2013-09-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-09-30No
Value of net income/loss2013-09-30$801,444
Value of net assets at end of year (total assets less liabilities)2013-09-30$11,034,705
Value of net assets at beginning of year (total assets less liabilities)2013-09-30$10,233,261
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2013-09-30No
Were any leases to which the plan was party in default or uncollectible2013-09-30No
Value of interest in pooled separate accounts at end of year2013-09-30$6,006,404
Value of interest in pooled separate accounts at beginning of year2013-09-30$4,986,519
Interest earned on other investments2013-09-30$157,383
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-09-30$5,028,301
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-09-30$4,872,195
Net investment gain/loss from pooled separate accounts2013-09-30$1,019,884
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-09-30No
Was there a failure to transmit to the plan any participant contributions2013-09-30No
Has the plan failed to provide any benefit when due under the plan2013-09-30No
Contributions received in cash from employer2013-09-30$273,510
Employer contributions (assets) at end of year2013-09-30$0
Employer contributions (assets) at beginning of year2013-09-30$374,547
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-09-30$636,067
Contract administrator fees2013-09-30$13,266
Did the plan have assets held for investment2013-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-09-30No
Opinion of an independent qualified public accountant for this plan2013-09-30Unqualified
Accountancy firm name2013-09-30GRAY, GRAY & GRAY, LLP
Accountancy firm EIN2013-09-30042088368
2012 : PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-09-30$0
Total income from all sources (including contributions)2012-09-30$1,988,976
Total loss/gain on sale of assets2012-09-30$0
Total of all expenses incurred2012-09-30$303,056
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-09-30$290,427
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-09-30$713,564
Value of total assets at end of year2012-09-30$10,233,261
Value of total assets at beginning of year2012-09-30$8,547,341
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-09-30$12,629
Total interest from all sources2012-09-30$178,460
Total dividends received (eg from common stock, registered investment company shares)2012-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-09-30No
Was this plan covered by a fidelity bond2012-09-30Yes
Value of fidelity bond cover2012-09-30$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-09-30$0
Were there any nonexempt tranactions with any party-in-interest2012-09-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-09-30No
Value of net income/loss2012-09-30$1,685,920
Value of net assets at end of year (total assets less liabilities)2012-09-30$10,233,261
Value of net assets at beginning of year (total assets less liabilities)2012-09-30$8,547,341
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-09-30No
Were any leases to which the plan was party in default or uncollectible2012-09-30No
Value of interest in pooled separate accounts at end of year2012-09-30$4,986,519
Value of interest in pooled separate accounts at beginning of year2012-09-30$3,906,220
Interest earned on other investments2012-09-30$178,460
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-09-30$4,872,195
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-09-30$4,413,785
Net investment gain/loss from pooled separate accounts2012-09-30$1,096,952
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-09-30No
Was there a failure to transmit to the plan any participant contributions2012-09-30No
Has the plan failed to provide any benefit when due under the plan2012-09-30No
Contributions received in cash from employer2012-09-30$713,564
Employer contributions (assets) at end of year2012-09-30$374,547
Employer contributions (assets) at beginning of year2012-09-30$227,336
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-09-30$290,427
Contract administrator fees2012-09-30$12,629
Did the plan have assets held for investment2012-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-09-30No
Opinion of an independent qualified public accountant for this plan2012-09-30Unqualified
Accountancy firm name2012-09-30GRAY, GRAY AND GRAY, LLP
Accountancy firm EIN2012-09-30042088368
2011 : PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-09-30$0
Total transfer of assets to this plan2011-09-30$0
Total transfer of assets from this plan2011-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-09-30$0
Total income from all sources (including contributions)2011-09-30$712,022
Total loss/gain on sale of assets2011-09-30$0
Total of all expenses incurred2011-09-30$372,476
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-09-30$360,334
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-09-30$480,384
Value of total assets at end of year2011-09-30$8,547,341
Value of total assets at beginning of year2011-09-30$8,207,795
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-09-30$12,142
Total interest from all sources2011-09-30$137,741
Total dividends received (eg from common stock, registered investment company shares)2011-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-09-30No
Was this plan covered by a fidelity bond2011-09-30Yes
Value of fidelity bond cover2011-09-30$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
Were there any nonexempt tranactions with any party-in-interest2011-09-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-30No
Value of net income/loss2011-09-30$339,546
Value of net assets at end of year (total assets less liabilities)2011-09-30$8,547,341
Value of net assets at beginning of year (total assets less liabilities)2011-09-30$8,207,795
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-09-30No
Were any leases to which the plan was party in default or uncollectible2011-09-30No
Investment advisory and management fees2011-09-30$12,142
Value of interest in pooled separate accounts at end of year2011-09-30$3,906,220
Value of interest in pooled separate accounts at beginning of year2011-09-30$4,585,123
Interest earned on other investments2011-09-30$137,741
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-09-30$4,413,785
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-09-30$3,494,170
Net investment gain/loss from pooled separate accounts2011-09-30$93,897
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-09-30Yes
Was there a failure to transmit to the plan any participant contributions2011-09-30No
Has the plan failed to provide any benefit when due under the plan2011-09-30No
Contributions received in cash from employer2011-09-30$480,384
Employer contributions (assets) at end of year2011-09-30$227,336
Employer contributions (assets) at beginning of year2011-09-30$128,502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-09-30$360,334
Did the plan have assets held for investment2011-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-09-30No
Opinion of an independent qualified public accountant for this plan2011-09-30Unqualified
Accountancy firm name2011-09-30GRAY, GRAY & GRAY, LLP
Accountancy firm EIN2011-09-30042088368
2010 : PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-09-30$0

Form 5500 Responses for PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC.

2013: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2013 form 5500 responses
2013-10-01Type of plan entitySingle employer plan
2013-10-01Submission has been amendedYes
2013-10-01This submission is the final filingYes
2013-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2013-10-01Plan is a collectively bargained planNo
2013-10-01Plan funding arrangement – InsuranceYes
2013-10-01Plan benefit arrangement – InsuranceYes
2012: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Submission has been amendedNo
2012-10-01This submission is the final filingNo
2012-10-01This return/report is a short plan year return/report (less than 12 months)No
2012-10-01Plan is a collectively bargained planNo
2012-10-01Plan funding arrangement – InsuranceYes
2012-10-01Plan benefit arrangement – InsuranceYes
2011: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Submission has been amendedNo
2011-10-01This submission is the final filingNo
2011-10-01This return/report is a short plan year return/report (less than 12 months)No
2011-10-01Plan is a collectively bargained planNo
2011-10-01Plan funding arrangement – InsuranceYes
2011-10-01Plan benefit arrangement – InsuranceYes
2009: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedYes
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – InsuranceYes
2009-10-01Plan benefit arrangement – InsuranceYes
2008: PENSION PLAN B FOR NON-UNION EMPLOYEES OF ATWOOD & MORRILL CO., INC. 2008 form 5500 responses
2008-10-01Type of plan entitySingle employer plan
2008-10-01Submission has been amendedNo
2008-10-01This submission is the final filingNo
2008-10-01This return/report is a short plan year return/report (less than 12 months)No
2008-10-01Plan is a collectively bargained planNo

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