401k Plan data: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE plan

PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 401k Plan overview

Plan Name	PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE
Plan identification number	001

PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE Benefits

401k Plan Type

Defined 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).
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

ATLANTIC CONTAINER LINE has sponsored the creation of one or more 401k plans.

Company Name: ATLANTIC CONTAINER LINE

Employer identification number (EIN): 132840074

NAIC Classification: 483000
NAIC Description: Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 ROBERT F. O'LEARY, MEMBER ROBERT F. O'LEARY, MEMBER 2013-09-30
001 2011-01-01 ROBERT F. O'LEARY, MEMBER ROBERT F. O'LEARY, MEMBER 2012-10-12
001 2009-01-01 ROBERT F. O'LEARY ROBERT F. O'LEARY 2010-10-12

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	ROBERT F. O'LEARY, MEMBER	ROBERT F. O'LEARY, MEMBER	2013-09-30
001	2011-01-01	ROBERT F. O'LEARY, MEMBER	ROBERT F. O'LEARY, MEMBER	2012-10-12
001	2009-01-01	ROBERT F. O'LEARY	ROBERT F. O'LEARY	2010-10-12

Plan Statistics for PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE

401k plan membership statisitcs for PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE

Measure Date Value
2012: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2012 401k membership
Total participants, beginning-of-year 2012-01-01 358
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 110
Number of retired or separated participants receiving benefits 2012-01-01 77
Number of other retired or separated participants entitled to future benefits 2012-01-01 164
Total of all active and inactive participants 2012-01-01 351
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 7
Total participants 2012-01-01 358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2011 401k membership
Total participants, beginning-of-year 2011-01-01 360
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 111
Number of retired or separated participants receiving benefits 2011-01-01 73
Number of other retired or separated participants entitled to future benefits 2011-01-01 168
Total of all active and inactive participants 2011-01-01 352
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 6
Total participants 2011-01-01 358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2009 401k membership
Total participants, beginning-of-year 2009-01-01 362
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 115
Number of retired or separated participants receiving benefits 2009-01-01 51
Number of other retired or separated participants entitled to future benefits 2009-01-01 190
Total of all active and inactive participants 2009-01-01 356
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 4
Total participants 2009-01-01 360
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2012 401k membership
Total participants, beginning-of-year	2012-01-01	358
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	110
Number of retired or separated participants receiving benefits	2012-01-01	77
Number of other retired or separated participants entitled to future benefits	2012-01-01	164
Total of all active and inactive participants	2012-01-01	351
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	7
Total participants	2012-01-01	358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2011 401k membership
Total participants, beginning-of-year	2011-01-01	360
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	111
Number of retired or separated participants receiving benefits	2011-01-01	73
Number of other retired or separated participants entitled to future benefits	2011-01-01	168
Total of all active and inactive participants	2011-01-01	352
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	6
Total participants	2011-01-01	358
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2009 401k membership
Total participants, beginning-of-year	2009-01-01	362
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	115
Number of retired or separated participants receiving benefits	2009-01-01	51
Number of other retired or separated participants entitled to future benefits	2009-01-01	190
Total of all active and inactive participants	2009-01-01	356
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	4
Total participants	2009-01-01	360
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE

Measure	Date	Value
2012 : PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$3,414,830
Total unrealized appreciation/depreciation of assets	2012-12-31	$3,414,830
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	$6,031,067
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$1,084,922
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$970,446
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,874,000
Value of total assets at end of year	2012-12-31	$36,465,861
Value of total assets at beginning of year	2012-12-31	$31,519,716
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$114,476
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$742,237
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$97,750
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$2,000,000
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
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$13,543
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$18,773
Administrative expenses (other) incurred	2012-12-31	$16,726
Total non interest bearing cash at end of year	2012-12-31	$662,469
Total non interest bearing cash at beginning of year	2012-12-31	$935,454
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	$4,946,145
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$36,465,861
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$31,519,716
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	$9,335,505
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$7,628,028
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
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	$1,874,000
Employer contributions (assets) at end of year	2012-12-31	$155,000
Employer contributions (assets) at beginning of year	2012-12-31	$627,000
Income. Dividends from common stock	2012-12-31	$742,237
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$970,446
Asset. Corporate debt instrument debt (other) at end of year	2012-12-31	$9,978,340
Asset. Corporate debt instrument debt (other) at beginning of year	2012-12-31	$8,357,455
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$16,321,004
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$13,953,006
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	No
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	ABBOTT, LIVINGS, SMITH & HIGGINS,PC
Accountancy firm EIN	2012-12-31	631107766
2011 : PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-311,645
Total unrealized appreciation/depreciation of assets	2011-12-31	$-311,645
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	$27,982
Total income from all sources (including contributions)	2011-12-31	$2,770,281
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$1,066,151
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$957,006
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$2,439,000
Value of total assets at end of year	2011-12-31	$31,519,716
Value of total assets at beginning of year	2011-12-31	$29,843,568
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$109,145
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$642,926
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Administrative expenses professional fees incurred	2011-12-31	$89,897
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$2,000,000
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
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$18,773
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$14,981
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$27,982
Administrative expenses (other) incurred	2011-12-31	$19,248
Total non interest bearing cash at end of year	2011-12-31	$935,454
Total non interest bearing cash at beginning of year	2011-12-31	$117,404
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	$1,704,130
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$31,519,716
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$29,815,586
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	$7,628,028
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$7,941,149
Interest earned on other investments	2011-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
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	$2,439,000
Employer contributions (assets) at end of year	2011-12-31	$627,000
Employer contributions (assets) at beginning of year	2011-12-31	$0
Income. Dividends from common stock	2011-12-31	$642,926
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$957,006
Asset. Corporate debt instrument debt (other) at end of year	2011-12-31	$8,357,455
Asset. Corporate debt instrument debt (other) at beginning of year	2011-12-31	$7,931,062
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$13,953,006
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$13,838,972
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	ABBOTT,LIVINGS, SMITH & HIGGINS, PC
Accountancy firm EIN	2011-12-31	631107766
2010 : PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$2,347,191
Total unrealized appreciation/depreciation of assets	2010-12-31	$2,347,191
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$27,982
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$135,420
Total income from all sources (including contributions)	2010-12-31	$4,412,900
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$942,400
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$832,235
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,244,000
Value of total assets at end of year	2010-12-31	$29,843,568
Value of total assets at beginning of year	2010-12-31	$26,480,506
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$110,165
Total interest from all sources	2010-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$821,709
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Administrative expenses professional fees incurred	2010-12-31	$106,946
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$14,981
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$11,642
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$27,982
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$135,420
Administrative expenses (other) incurred	2010-12-31	$3,219
Total non interest bearing cash at end of year	2010-12-31	$117,404
Total non interest bearing cash at beginning of year	2010-12-31	$525,226
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$3,470,500
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$29,815,586
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$26,345,086
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$7,941,149
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$5,527,073
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$1,244,000
Employer contributions (assets) at end of year	2010-12-31	$0
Employer contributions (assets) at beginning of year	2010-12-31	$0
Income. Dividends from common stock	2010-12-31	$821,709
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$832,235
Asset. Corporate debt instrument debt (other) at end of year	2010-12-31	$7,931,062
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$8,511,728
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$13,838,972
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$11,904,837
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	ABBOTT, LIVINGS, SMITH & HIGGINS,PC
Accountancy firm EIN	2010-12-31	631107766
2009 : PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 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 PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE

2012: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 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	No
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 – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 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 – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PENSION PLAN FOR EMPLOYEES OF ATLANTIC CONTAINER LINE 2009 form 5500 responses
2009-01-01	Type of plan entity	Single 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 – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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:	ATLANTIC CONTAINER LINE
Employer identification number (EIN):	132840074
NAIC Classification:	483000
NAIC Description:	Water Transportation