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FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 401k Plan overview

Plan NameFULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES
Plan identification number 001

FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • 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).
  • 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

FULTON INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:FULTON INDUSTRIES, INC.
Employer identification number (EIN):341266185
NAIC Classification:332110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01TIM FUNCHION2017-10-20 TIM FUNCHION2017-10-20
0012016-01-01TIM FUNCHION2017-05-27 TIM FUNCHION2017-05-27
0012015-01-01TIM FUNCHION2016-07-13 TIM FUNCHION2016-07-13
0012014-01-01TIM FUNCHION
0012013-01-01GLENN BADENHOP
0012012-01-01GLENN BADENHOP
0012011-01-01GLENN BADENHOP
0012010-01-01GLENN BADENHOP
0012009-01-01GLENN BADENHOP

Plan Statistics for FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES

401k plan membership statisitcs for FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES

Measure Date Value
2017: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2017 401k membership
Market value of plan assets2017-08-311,009,518
Acturial value of plan assets2017-08-311,009,518
Funding target for retired participants and beneficiaries receiving payment2017-08-310
Number of terminated vested participants2017-08-316
Fundng target for terminated vested participants2017-08-3117,461
Active participant vested funding target2017-08-31935,252
Number of active participants2017-08-3129
Total funding liabilities for active participants2017-08-31935,252
Total participant count2017-08-3135
Total funding target for all participants2017-08-31952,713
Balance at beginning of prior year after applicable adjustments2017-08-310
Prefunding balance at beginning of prior year after applicable adjustments2017-08-3153,126
Carryover balanced portion elected for use to offset prior years funding requirement2017-08-310
Prefunding balanced used to offset prior years funding requirement2017-08-310
Amount remaining of carryover balance2017-08-310
Amount remaining of prefunding balance2017-08-3153,126
Present value of excess contributions2017-08-3187,699
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-08-3193,066
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-08-3193,066
Reductions in caryover balances due to elections or deemed elections2017-08-310
Reductions in prefunding balances due to elections or deemed elections2017-08-3192,622
Balance of carryovers at beginning of current year2017-08-310
Balance of prefunding at beginning of current year2017-08-3156,805
Total employer contributions2017-08-31133,076
Total employee contributions2017-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-08-310
Contributions made to avoid restrictions adjusted to valuation date2017-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-08-31130,595
Liquidity shortfalls end of Q12017-08-310
Liquidity shortfalls end of Q22017-08-310
Liquidity shortfalls end of Q32017-08-310
Liquidity shortfalls end of Q42017-08-310
Unpaid minimum required contributions for all prior years2017-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-08-310
Remaining amount of unpaid minimum required contributions2017-08-310
Minimum required contributions for current year target normal cost2017-08-310
Net shortfall amortization installment of oustanding balance2017-08-310
Waiver amortization installment2017-08-310
Waived amount of outstanding balance2017-08-310
Total funding amount beforereflecting carryover/prefunding balances2017-08-310
Carryover balance elected to use to offset funding requirement2017-08-310
Prefunding balance elected to use to offset funding requirement2017-08-310
Additional cash requirement2017-08-310
Contributions allocatedtoward minimum required contributions for current year2017-08-31130,595
Unpaid minimum required contributions for current year2017-08-310
Unpaid minimum required contributions for all years2017-08-310
2016: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2016 401k membership
Market value of plan assets2016-12-31948,763
Acturial value of plan assets2016-12-31948,763
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-316
Fundng target for terminated vested participants2016-12-3115,604
Active participant vested funding target2016-12-31944,210
Number of active participants2016-12-3130
Total funding liabilities for active participants2016-12-31944,210
Total participant count2016-12-3136
Total funding target for all participants2016-12-31959,814
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-3149,968
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3153,126
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3153,126
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-3153,126
Total employer contributions2016-12-3198,431
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3198,303
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-3164,177
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3110,604
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3110,604
Contributions allocatedtoward minimum required contributions for current year2016-12-3198,303
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2014: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2014 401k membership
Total participants, beginning-of-year2014-01-01123
Total number of active participants reported on line 7a of the Form 55002014-01-0134
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2013 401k membership
Total participants, beginning-of-year2013-01-01152
Total number of active participants reported on line 7a of the Form 55002013-01-0134
Number of retired or separated participants receiving benefits2013-01-0183
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-01123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2012 401k membership
Total participants, beginning-of-year2012-01-01164
Total number of active participants reported on line 7a of the Form 55002012-01-0137
Number of retired or separated participants receiving benefits2012-01-0186
Number of other retired or separated participants entitled to future benefits2012-01-0129
Total of all active and inactive participants2012-01-01152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2011 401k membership
Total participants, beginning-of-year2011-01-01212
Total number of active participants reported on line 7a of the Form 55002011-01-0140
Number of retired or separated participants receiving benefits2011-01-0184
Number of other retired or separated participants entitled to future benefits2011-01-0140
Total of all active and inactive participants2011-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2010 401k membership
Total participants, beginning-of-year2010-01-01217
Total number of active participants reported on line 7a of the Form 55002010-01-0135
Number of retired or separated participants receiving benefits2010-01-0182
Number of other retired or separated participants entitled to future benefits2010-01-0195
Total of all active and inactive participants2010-01-01212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01212
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2009 401k membership
Total participants, beginning-of-year2009-01-01221
Total number of active participants reported on line 7a of the Form 55002009-01-0141
Number of retired or separated participants receiving benefits2009-01-0181
Number of other retired or separated participants entitled to future benefits2009-01-0195
Total of all active and inactive participants2009-01-01217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES

Measure Date Value
2014 : FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-529,747
Total unrealized appreciation/depreciation of assets2014-12-31$-529,747
Total transfer of assets to this plan2014-12-31$0
Total transfer of assets from this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$398,539
Total loss/gain on sale of assets2014-12-31$415,316
Total of all expenses incurred2014-12-31$2,842,907
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,840,378
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$250,000
Value of total assets at end of year2014-12-31$1,033,044
Value of total assets at beginning of year2014-12-31$3,477,412
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$2,529
Total interest from all sources2014-12-31$50,690
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$212,280
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$212,280
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Administrative expenses (other) incurred2014-12-31$2,529
Total non interest bearing cash at end of year2014-12-31$21,041
Total non interest bearing cash at beginning of year2014-12-31$21,723
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-2,444,368
Value of net assets at end of year (total assets less liabilities)2014-12-31$1,033,044
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$3,477,412
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$993,000
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,339,785
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$19,003
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$4,444
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$4,444
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$50,690
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$2,602,200
Asset value of US Government securities at end of year2014-12-31$0
Asset value of US Government securities at beginning of year2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$250,000
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$238,178
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$111,460
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$415,316
Aggregate carrying amount (costs) on sale of assets2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31PENROD, GEORGE & CO.
Accountancy firm EIN2014-12-31341176143
2013 : FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$400,981
Total unrealized appreciation/depreciation of assets2013-12-31$400,981
Total transfer of assets to this plan2013-12-31$0
Total transfer of assets from this plan2013-12-31$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$1,022,533
Total loss/gain on sale of assets2013-12-31$73,370
Total of all expenses incurred2013-12-31$683,304
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$680,785
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$365,000
Value of total assets at end of year2013-12-31$3,477,412
Value of total assets at beginning of year2013-12-31$3,138,183
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$2,519
Total interest from all sources2013-12-31$6,191
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$176,991
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$176,991
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
Contributions received from participants2013-12-31$0
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Administrative expenses (other) incurred2013-12-31$2,519
Total non interest bearing cash at end of year2013-12-31$21,723
Total non interest bearing cash at beginning of year2013-12-31$22,918
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
Income. Non cash contributions2013-12-31$0
Value of net income/loss2013-12-31$339,229
Value of net assets at end of year (total assets less liabilities)2013-12-31$3,477,412
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,138,183
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 registered invesment companies (eg mutual funds) at end of year2013-12-31$3,339,785
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$2,929,754
Income. Interest from corporate debt instruments2013-12-31$6,188
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$4,444
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$60,393
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$60,393
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$3
Asset value of US Government securities at end of year2013-12-31$0
Asset value of US Government securities at beginning of year2013-12-31$0
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$365,000
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$680,785
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$111,460
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$125,118
Did the plan have assets held for investment2013-12-31Yes
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 PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$73,370
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 name2013-12-31PENROD, GEORGE & CO.
Accountancy firm EIN2013-12-31341176143
2012 : FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$292,267
Total unrealized appreciation/depreciation of assets2012-12-31$292,267
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$730,512
Total loss/gain on sale of assets2012-12-31$11,314
Total of all expenses incurred2012-12-31$375,684
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$373,080
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$322,500
Value of total assets at end of year2012-12-31$3,138,183
Value of total assets at beginning of year2012-12-31$2,783,355
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,604
Total interest from all sources2012-12-31$8,589
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$95,842
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$300,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$0
Total non interest bearing cash at end of year2012-12-31$22,918
Total non interest bearing cash at beginning of year2012-12-31$24,103
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$354,828
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,138,183
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,783,355
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$2,929,754
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$2,586,164
Income. Interest from corporate debt instruments2012-12-31$8,587
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$60,393
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$12,719
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$12,719
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$2
Asset value of US Government securities at end of year2012-12-31$0
Asset value of US Government securities at beginning of year2012-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$322,500
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$0
Income. Dividends from common stock2012-12-31$95,842
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$373,080
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$125,118
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$160,369
Contract administrator fees2012-12-31$2,604
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$151,078
Aggregate carrying amount (costs) on sale of assets2012-12-31$139,764
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31PENROD, GEORGE & CO.
Accountancy firm EIN2012-12-31341176143
2011 : FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-184,052
Total unrealized appreciation/depreciation of assets2011-12-31$-184,052
Total transfer of assets to this plan2011-12-31$0
Total transfer of assets from this plan2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$-2,153
Expenses. Interest paid2011-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-12-31$0
Total income from all sources (including contributions)2011-12-31$26,057
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$691,478
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$689,063
Expenses. Certain deemed distributions of participant loans2011-12-31$0
Value of total corrective distributions2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$155,000
Value of total assets at end of year2011-12-31$2,783,355
Value of total assets at beginning of year2011-12-31$3,446,623
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,415
Total interest from all sources2011-12-31$8,611
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$63,741
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$63,741
Administrative expenses professional fees incurred2011-12-31$0
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$300,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$0
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$0
Administrative expenses (other) incurred2011-12-31$0
Total non interest bearing cash at end of year2011-12-31$24,103
Total non interest bearing cash at beginning of year2011-12-31$23,443
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$-665,421
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,783,355
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,448,776
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$2,586,164
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,062,004
Interest on participant loans2011-12-31$0
Income. Interest from loans (other than to participants)2011-12-31$0
Interest earned on other investments2011-12-31$0
Income. Interest from US Government securities2011-12-31$0
Income. Interest from corporate debt instruments2011-12-31$8,587
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$12,719
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$215,415
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$215,415
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$24
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Asset value of US Government securities at end of year2011-12-31$0
Asset value of US Government securities at beginning of year2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-17,243
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$155,000
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$0
Income. Dividends from preferred stock2011-12-31$0
Income. Dividends from common stock2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$689,063
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$160,369
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$145,761
Contract administrator fees2011-12-31$2,415
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$-2,153
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$0
Aggregate carrying amount (costs) on sale of assets2011-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31PENROD, GEORGE & CO.
Accountancy firm EIN2011-12-31341176143
2010 : FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$5,586
Total unrealized appreciation/depreciation of assets2010-12-31$5,586
Total transfer of assets to this plan2010-12-31$0
Total transfer of assets from this plan2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$-2,153
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$552,882
Total loss/gain on sale of assets2010-12-31$-3,626
Total of all expenses incurred2010-12-31$224,876
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$222,712
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$172,000
Value of total assets at end of year2010-12-31$3,446,623
Value of total assets at beginning of year2010-12-31$3,120,770
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,164
Total interest from all sources2010-12-31$15,004
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$72,341
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$72,341
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$300,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$2,164
Total non interest bearing cash at end of year2010-12-31$23,443
Total non interest bearing cash at beginning of year2010-12-31$24,456
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$328,006
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,448,776
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,120,770
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,062,004
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$2,770,428
Income. Interest from US Government securities2010-12-31$0
Income. Interest from corporate debt instruments2010-12-31$14,888
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$215,415
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$92,085
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$92,085
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$116
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Asset value of US Government securities at end of year2010-12-31$0
Asset value of US Government securities at beginning of year2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$291,577
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$172,000
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$222,712
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$145,761
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$233,801
Liabilities. Value of benefit claims payable at end of year2010-12-31$-2,153
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$0
Aggregate carrying amount (costs) on sale of assets2010-12-31$3,626
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31PENROD, GEORGE & CO.
Accountancy firm EIN2010-12-31341176143
2009 : FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES

2014: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FULTON INDUSTRIES, INC. UAW LOCAL 86 PENSION PLAN FOR HOURLY EMPLOYEES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PACIFIC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67466 )
Policy contract numberG-27693.01
Policy instance 1

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