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| Plan Name | OSG BULK SHIPS, INC. 401(K) PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | OSG CAR CARRIERS, INC. |
| Employer identification number (EIN): | 133141608 |
| NAIC Classification: | 483000 |
| NAIC Description: | Water Transportation |
Additional information about OSG CAR CARRIERS, INC.
| Jurisdiction of Incorporation: | New York Department of State |
| Incorporation Date: | 1974-04-24 |
| Company Identification Number: | 341804 |
| Legal Registered Office Address: |
80 STATE STREET NEW YORK ALBANY United States of America (USA) 12207-2543 |
More information about OSG CAR CARRIERS, INC.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2013-01-01 | DEANNA MARSHALL | DEANNA MARSHALL | 2014-10-13 | |
| 001 | 2012-01-01 | DEANNA MARSHALL | |||
| 001 | 2011-01-01 | MELBA C. VASTI |
| Measure | Date | Value |
|---|---|---|
| 2013: OSG BULK SHIPS, INC. 401(K) PLAN 2013 401k membership | ||
| Total participants, beginning-of-year | 2013-01-01 | 187 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 131 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 58 |
| Total of all active and inactive participants | 2013-01-01 | 189 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
| Total participants | 2013-01-01 | 189 |
| Number of participants with account balances | 2013-01-01 | 184 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 0 |
| 2012: OSG BULK SHIPS, INC. 401(K) PLAN 2012 401k membership | ||
| Total participants, beginning-of-year | 2012-01-01 | 186 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 124 |
| 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 | 63 |
| Total of all active and inactive participants | 2012-01-01 | 187 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 0 |
| Total participants | 2012-01-01 | 187 |
| Number of participants with account balances | 2012-01-01 | 182 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 0 |
| 2011: OSG BULK SHIPS, INC. 401(K) PLAN 2011 401k membership | ||
| Total participants, beginning-of-year | 2011-01-01 | 165 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 129 |
| 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 | 57 |
| Total of all active and inactive participants | 2011-01-01 | 186 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
| Total participants | 2011-01-01 | 186 |
| Number of participants with account balances | 2011-01-01 | 174 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
| Measure | Date | Value |
|---|---|---|
| 2013 : OSG BULK SHIPS, INC. 401(K) PLAN 2013 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| 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 | $3,491,126 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $1,286,643 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,285,768 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,288,604 |
| Value of total assets at end of year | 2013-12-31 | $14,033,103 |
| Value of total assets at beginning of year | 2013-12-31 | $11,828,620 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $875 |
| Total interest from all sources | 2013-12-31 | $5,434 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $483,459 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $483,459 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $1,288,604 |
| Participant contributions at end of year | 2013-12-31 | $134,962 |
| Participant contributions at beginning of year | 2013-12-31 | $78,645 |
| Other income not declared elsewhere | 2013-12-31 | $149 |
| Administrative expenses (other) incurred | 2013-12-31 | $875 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $2,204,483 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $14,033,103 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $11,828,620 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $12,936,566 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $10,554,907 |
| Interest on participant loans | 2013-12-31 | $5,434 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $961,575 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $1,195,068 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,696,028 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $17,452 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,285,768 |
| 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 | 2013-12-31 | No |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | MAYER HOFFMAN MCCANN P.C. |
| Accountancy firm EIN | 2013-12-31 | 431947695 |
| 2012 : OSG BULK SHIPS, INC. 401(K) PLAN 2012 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| 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 | $2,367,766 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $334,209 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $333,448 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,203,222 |
| Value of total assets at end of year | 2012-12-31 | $11,828,620 |
| Value of total assets at beginning of year | 2012-12-31 | $9,795,063 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $761 |
| Total interest from all sources | 2012-12-31 | $5,692 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $296,858 |
| 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 | $296,858 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $1,203,222 |
| Participant contributions at end of year | 2012-12-31 | $78,645 |
| Participant contributions at beginning of year | 2012-12-31 | $96,664 |
| Administrative expenses (other) incurred | 2012-12-31 | $761 |
| 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 | $2,033,557 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $11,828,620 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $9,795,063 |
| 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 | $10,554,907 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $8,467,048 |
| Interest on participant loans | 2012-12-31 | $5,692 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $1,195,068 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $1,231,351 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $832,819 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $29,175 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $333,448 |
| 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 | MAYER HOFFMAN MCCANN P.C. |
| Accountancy firm EIN | 2012-12-31 | 431947695 |
| 2011 : OSG BULK SHIPS, INC. 401(K) PLAN 2011 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| 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 | $999,689 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $144,833 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $141,220 |
| Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $2,620 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,055,064 |
| Value of total assets at end of year | 2011-12-31 | $9,795,063 |
| Value of total assets at beginning of year | 2011-12-31 | $8,940,207 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $993 |
| Total interest from all sources | 2011-12-31 | $9,116 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $214,625 |
| 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 | $214,625 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $1,055,064 |
| Participant contributions at end of year | 2011-12-31 | $96,664 |
| Participant contributions at beginning of year | 2011-12-31 | $129,922 |
| Administrative expenses (other) incurred | 2011-12-31 | $993 |
| 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 | $854,856 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $9,795,063 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $8,940,207 |
| 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 | $8,467,048 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $7,655,244 |
| Interest on participant loans | 2011-12-31 | $9,116 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $1,231,351 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $1,155,041 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-313,406 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $34,290 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $141,220 |
| 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 | 2011-12-31 | No |
| 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 | MAYER HOFFMAN MCCANN PC |
| Accountancy firm EIN | 2011-12-31 | 431947695 |
| 2010 : OSG BULK SHIPS, INC. 401(K) PLAN 2010 401k financial data | ||
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,815,490 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $233,383 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $232,649 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $929,853 |
| Value of total assets at end of year | 2010-12-31 | $8,940,207 |
| Value of total assets at beginning of year | 2010-12-31 | $7,358,100 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $734 |
| Total interest from all sources | 2010-12-31 | $3,353 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $159,949 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $159,949 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $929,853 |
| Participant contributions at end of year | 2010-12-31 | $129,922 |
| Participant contributions at beginning of year | 2010-12-31 | $60,483 |
| Administrative expenses (other) incurred | 2010-12-31 | $734 |
| 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 | $1,582,107 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $8,940,207 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $7,358,100 |
| 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 | $7,655,244 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $6,222,737 |
| Interest on participant loans | 2010-12-31 | $3,353 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $1,155,041 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $1,074,880 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $688,622 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $33,713 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $232,649 |
| 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 | 2010-12-31 | No |
| 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 | MAYER HOFFMAN MCCANN P.C. |
| Accountancy firm EIN | 2010-12-31 | 431947695 |
| 2013: OSG BULK SHIPS, INC. 401(K) PLAN 2013 form 5500 responses | ||
|---|---|---|
| 2013-01-01 | Type of plan entity | Single employer plan |
| 2013-01-01 | Submission has been amended | No |
| 2013-01-01 | This submission is the final filing | No |
| 2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2013-01-01 | Plan is a collectively bargained plan | No |
| 2013-01-01 | Plan funding arrangement – Trust | Yes |
| 2013-01-01 | Plan benefit arrangement - Trust | Yes |
| 2012: OSG BULK SHIPS, INC. 401(K) 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 | 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: OSG BULK SHIPS, INC. 401(K) 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 – Trust | Yes |
| 2011-01-01 | Plan benefit arrangement - Trust | Yes |