401k Plan data: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 plan

RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 401k Plan overview

Plan Name	RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742
Plan identification number	002

RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 Benefits

401k Plan Type

Defined 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).
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

RANDALL BEARINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: RANDALL BEARINGS, INC.

Employer identification number (EIN): 344429314

NAIC Classification: 332900

Additional information about RANDALL BEARINGS, INC.

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division

Incorporation Date: 2012-04-17

Company Identification Number: 2099497

Legal Registered Office Address: 1405 EAST SIXTH STREET
-
CLEVELAND
United States of America (USA)
44114

More information about RANDALL BEARINGS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2011-01-01 DAVE WIERWILLE
002 2010-01-01 DAVID WIERWILLE
002 2009-01-01 DAVID WIERWILLE

Plan id#	Filing Submission Date	Name of Administrator
002	2011-01-01	DAVE WIERWILLE
002	2010-01-01	DAVID WIERWILLE
002	2009-01-01	DAVID WIERWILLE

Plan Statistics for RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742

401k plan membership statisitcs for RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742

Measure Date Value
2011: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2011 401k membership
Total participants, beginning-of-year 2011-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 63
Number of retired or separated participants receiving benefits 2011-01-01 45
Number of other retired or separated participants entitled to future benefits 2011-01-01 23
Total of all active and inactive participants 2011-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 8
Total participants 2011-01-01 139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2
2010: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2010 401k membership
Total participants, beginning-of-year 2010-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 61
Number of retired or separated participants receiving benefits 2010-01-01 25
Number of other retired or separated participants entitled to future benefits 2010-01-01 41
Total of all active and inactive participants 2010-01-01 127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 8
Total participants 2010-01-01 135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 3
2009: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2009 401k membership
Total participants, beginning-of-year 2009-01-01 142
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 66
Number of retired or separated participants receiving benefits 2009-01-01 42
Number of other retired or separated participants entitled to future benefits 2009-01-01 22
Total of all active and inactive participants 2009-01-01 130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 7
Total participants 2009-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 4

Measure	Date	Value
2011: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2011 401k membership
Total participants, beginning-of-year	2011-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	63
Number of retired or separated participants receiving benefits	2011-01-01	45
Number of other retired or separated participants entitled to future benefits	2011-01-01	23
Total of all active and inactive participants	2011-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	8
Total participants	2011-01-01	139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2
2010: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2010 401k membership
Total participants, beginning-of-year	2010-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	61
Number of retired or separated participants receiving benefits	2010-01-01	25
Number of other retired or separated participants entitled to future benefits	2010-01-01	41
Total of all active and inactive participants	2010-01-01	127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	8
Total participants	2010-01-01	135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	3
2009: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2009 401k membership
Total participants, beginning-of-year	2009-01-01	142
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	66
Number of retired or separated participants receiving benefits	2009-01-01	42
Number of other retired or separated participants entitled to future benefits	2009-01-01	22
Total of all active and inactive participants	2009-01-01	130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	7
Total participants	2009-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	4

Financial Data on RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742

Measure	Date	Value
2011 : RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-37,886
Total unrealized appreciation/depreciation of assets	2011-12-31	$-37,886
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	$-84,403
Total loss/gain on sale of assets	2011-12-31	$-17,396
Total of all expenses incurred	2011-12-31	$167,032
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$164,074
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$2,737,495
Value of total assets at beginning of year	2011-12-31	$2,988,930
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$2,958
Total interest from all sources	2011-12-31	$44,742
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$22,826
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	$14,232
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
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	$11,006
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$11,816
Administrative expenses (other) incurred	2011-12-31	$2,958
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	$-251,435
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$2,737,495
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$2,988,930
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	$1,465,115
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$1,607,107
Income. Interest from US Government securities	2011-12-31	$17,133
Income. Interest from corporate debt instruments	2011-12-31	$27,609
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$40,458
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$16,245
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$16,245
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$0
Asset value of US Government securities at end of year	2011-12-31	$352,504
Asset value of US Government securities at beginning of year	2011-12-31	$432,756
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-96,689
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
Income. Dividends from common stock	2011-12-31	$8,594
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$164,074
Asset. Corporate debt instrument debt (other) at end of year	2011-12-31	$626,820
Asset. Corporate debt instrument debt (other) at beginning of year	2011-12-31	$624,650
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$241,592
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$296,356
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
Aggregate proceeds on sale of assets	2011-12-31	$808,749
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$826,145
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	M.A. HOOPS & ASSOCIATES, INC.
Accountancy firm EIN	2011-12-31	341818457
2010 : RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$44,403
Total unrealized appreciation/depreciation of assets	2010-12-31	$44,403
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	$304,251
Total loss/gain on sale of assets	2010-12-31	$-25,076
Total of all expenses incurred	2010-12-31	$148,563
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$145,827
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$2,988,930
Value of total assets at beginning of year	2010-12-31	$2,833,242
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$2,736
Total interest from all sources	2010-12-31	$50,018
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$22,358
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	$14,753
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$1,000,000
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	$11,816
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$12,894
Administrative expenses (other) incurred	2010-12-31	$2,736
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	$155,688
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$2,988,930
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,833,242
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	$1,607,107
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$1,251,686
Income. Interest from US Government securities	2010-12-31	$19,291
Income. Interest from corporate debt instruments	2010-12-31	$30,726
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$16,245
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$121,104
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$121,104
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$1
Asset value of US Government securities at end of year	2010-12-31	$432,756
Asset value of US Government securities at beginning of year	2010-12-31	$525,686
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$212,548
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
Income. Dividends from common stock	2010-12-31	$7,605
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$145,827
Asset. Corporate debt instrument debt (other) at end of year	2010-12-31	$624,650
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$639,894
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$296,356
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$281,978
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
Aggregate proceeds on sale of assets	2010-12-31	$998,962
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$1,024,038
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	M. A. HOOPS & ASSOICATES, INC.
Accountancy firm EIN	2010-12-31	341818457

Form 5500 Responses for RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742

2011: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 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
2010: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: RETIREMENT PLAN FOR HOURLY RATED EMPLOYEES OF RANDALL BEARINGS, INC. REPRESENTED BY I.U.E.(A.F.L.-C.I.O.-C.L.C.) LOCAL 742 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

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Company Name:	RANDALL BEARINGS, INC.
Employer identification number (EIN):	344429314
NAIC Classification:	332900

Jurisdiction of Incorporation:	Ohio Secretary of State Business Services Division
Incorporation Date:	2012-04-17
Company Identification Number:	2099497
Legal Registered Office Address:	1405 EAST SIXTH STREET - CLEVELAND United States of America (USA) 44114