?>
Plan Name | DRESSER, INC. RETIREMENT PLAN FOR I.A.M. DISTRICT 10, WAUKESHA ENGINE DIVISION, WAUKESHA, WISCONSIN |
Plan identification number | 169 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | INNIO WAUKESHA GAS ENGINES, INC. |
Employer identification number (EIN): | 043201571 |
NAIC Classification: | 333200 |
Additional information about INNIO WAUKESHA GAS ENGINES, INC.
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 1999-05-17 |
Company Identification Number: | 0012652406 |
Legal Registered Office Address: |
1101 W SAINT PAUL AVE STE 2 WAUKESHA United States of America (USA) 53188 |
More information about INNIO WAUKESHA GAS ENGINES, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
169 | 2018-01-01 | BETH LAST | 2019-10-15 |
Measure | Date | Value |
---|---|---|
2018: DRESSER, INC. RETIREMENT PLAN FOR I.A.M. DISTRICT 10, WAUKESHA ENGINE DIVISION, WAUKESHA, WISCONSIN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 54,309,535 |
Acturial value of plan assets | 2018-12-31 | 51,604,463 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 32,741,532 |
Number of terminated vested participants | 2018-12-31 | 78 |
Fundng target for terminated vested participants | 2018-12-31 | 1,817,746 |
Active participant vested funding target | 2018-12-31 | 16,107,607 |
Number of active participants | 2018-12-31 | 226 |
Total funding liabilities for active participants | 2018-12-31 | 16,436,221 |
Total participant count | 2018-12-31 | 737 |
Total funding target for all participants | 2018-12-31 | 50,995,499 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 1,322,568 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 537,758 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 784,810 |
Present value of excess contributions | 2018-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 898,294 |
Total employer contributions | 2018-12-31 | 260,000 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 236,769 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 1,083,668 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 289,330 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 1,130,901 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 898,294 |
Additional cash requirement | 2018-12-31 | 232,607 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 236,769 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 737 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 208 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 350 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 73 |
Total of all active and inactive participants | 2018-01-01 | 631 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 83 |
Total participants | 2018-01-01 | 714 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2018 : DRESSER, INC. RETIREMENT PLAN FOR I.A.M. DISTRICT 10, WAUKESHA ENGINE DIVISION, WAUKESHA, WISCONSIN 2018 401k financial data | ||
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $27,686 |
Total income from all sources (including contributions) | 2018-12-31 | $-1,843,690 |
Total of all expenses incurred | 2018-12-31 | $3,867,391 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $3,405,828 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $260,000 |
Value of total assets at end of year | 2018-12-31 | $48,570,768 |
Value of total assets at beginning of year | 2018-12-31 | $54,309,535 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $461,563 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $27,686 |
Administrative expenses (other) incurred | 2018-12-31 | $461,563 |
Total non interest bearing cash at end of year | 2018-12-31 | $213,720 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-5,711,081 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $48,570,768 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $54,281,849 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $54,309,535 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $48,097,048 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-407,068 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $260,000 |
Employer contributions (assets) at end of year | 2018-12-31 | $260,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $3,405,828 |
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 | 2018-12-31 | No |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | BAKER TILLY VIRCHOW KRAUSE, LLP |
Accountancy firm EIN | 2018-12-31 | 390859910 |
2018: DRESSER, INC. RETIREMENT PLAN FOR I.A.M. DISTRICT 10, WAUKESHA ENGINE DIVISION, WAUKESHA, WISCONSIN 2018 form 5500 responses | ||
---|---|---|
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Plan is a collectively bargained plan | Yes |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |