401k Plan data: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN plan

GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 401k Plan overview

Plan Name	GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN
Plan identification number	005

GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.

401k Sponsoring company profile

GUILFORD MILLS, INC. has sponsored the creation of one or more 401k plans.

Company Name: GUILFORD MILLS, INC.

Employer identification number (EIN): 131995928

NAIC Classification: 313000
NAIC Description: Textile Mills

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2012-01-01 THOMAS POLERA THOMAS POLERA 2013-07-31
005 2011-01-01 WENDY CARPER
005 2009-01-01 WENDY CARPER

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
005	2012-01-01	THOMAS POLERA	THOMAS POLERA	2013-07-31
005	2011-01-01	WENDY CARPER
005	2009-01-01	WENDY CARPER

Plan Statistics for GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN

401k plan membership statisitcs for GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN

Measure Date Value
2012: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 1,272
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 24
2011: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,173
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 913
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 355
Total of all active and inactive participants 2011-01-01 1,268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 1,268
Number of participants with account balances 2011-01-01 1,211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 32
2009: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 3,123
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 990
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 905
Total of all active and inactive participants 2009-01-01 1,895
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 18
Total participants 2009-01-01 1,913
Number of participants with account balances 2009-01-01 1,843
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 53

Measure	Date	Value
2012: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	1,272
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	24
2011: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,173
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	913
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	355
Total of all active and inactive participants	2011-01-01	1,268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	1,268
Number of participants with account balances	2011-01-01	1,211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	32
2009: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	3,123
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	990
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	905
Total of all active and inactive participants	2009-01-01	1,895
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	18
Total participants	2009-01-01	1,913
Number of participants with account balances	2009-01-01	1,843
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	53

Financial Data on GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN

Measure	Date	Value
2012 : GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$30,626,574
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$7,354,350
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$5,346,182
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$5,262,721
Expenses. Certain deemed distributions of participant loans	2012-12-31	$1,394
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$4,396,808
Value of total assets at end of year	2012-12-31	$0
Value of total assets at beginning of year	2012-12-31	$28,618,406
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$82,067
Total interest from all sources	2012-12-31	$284,807
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$108,380
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$108,380
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$2,511,864
Participant contributions at end of year	2012-12-31	$0
Participant contributions at beginning of year	2012-12-31	$1,184,866
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$150,078
Other income not declared elsewhere	2012-12-31	$58,416
Administrative expenses (other) incurred	2012-12-31	$82,067
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$2,008,168
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$28,618,406
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$7,978,238
Value of interest in pooled separate accounts at end of year	2012-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$8,870,704
Interest on participant loans	2012-12-31	$57,163
Interest earned on other investments	2012-12-31	$227,644
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$10,584,598
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,161,478
Net investment gain/loss from pooled separate accounts	2012-12-31	$1,344,461
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$1,734,866
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$5,262,721
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	GRANT THORNTON, LLP
Accountancy firm EIN	2012-12-31	366055558
2011 : GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total transfer of assets to this plan	2011-12-31	$11,420
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$3,785,025
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$3,548,981
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$3,451,137
Expenses. Certain deemed distributions of participant loans	2011-12-31	$4,860
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$4,084,476
Value of total assets at end of year	2011-12-31	$28,618,406
Value of total assets at beginning of year	2011-12-31	$28,370,942
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$92,984
Total interest from all sources	2011-12-31	$285,593
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$81,406
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$81,406
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$2,264,141
Participant contributions at end of year	2011-12-31	$1,184,866
Participant contributions at beginning of year	2011-12-31	$892,490
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$329,613
Other income not declared elsewhere	2011-12-31	$113,128
Administrative expenses (other) incurred	2011-12-31	$92,984
Total non interest bearing cash at end of year	2011-12-31	$0
Total non interest bearing cash at beginning of year	2011-12-31	$59
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$236,044
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$28,618,406
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$28,370,942
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$7,978,238
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$12,329,333
Value of interest in pooled separate accounts at end of year	2011-12-31	$8,870,704
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$7,866,462
Interest on participant loans	2011-12-31	$43,150
Interest earned on other investments	2011-12-31	$242,443
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$10,584,598
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$7,217,148
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-568,865
Net investment gain/loss from pooled separate accounts	2011-12-31	$-210,713
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$1,490,722
Employer contributions (assets) at end of year	2011-12-31	$0
Employer contributions (assets) at beginning of year	2011-12-31	$65,450
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$3,451,137
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	GRANT THORNTON, LLP
Accountancy firm EIN	2011-12-31	366055558
2009 : GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN

2012: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: GUILFORD MILLS, INC. 401(K) SAVINGS AND RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Mulitple employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

GUILFORD MILLS, INC. PENSION PLAN [EIN = 133386776]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	GUILFORD MILLS, INC.
Employer identification number (EIN):	131995928
NAIC Classification:	313000
NAIC Description:	Textile Mills