401k Plan data: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN plan

REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 401k Plan overview

Plan Name	REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN
Plan identification number	012

REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Benefits are primarily flat dollar (includes dollars per year of service) Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

REGAL REXNORD CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: REGAL REXNORD CORPORATION

Employer identification number (EIN): 390449780

Additional information about REGAL REXNORD CORPORATION

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2014-10-10

Company Identification Number: 0802079955

Legal Registered Office Address: 111 W MICHIGAN ST

MILWAUKEE
United States of America (USA)
53203

More information about REGAL REXNORD CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
012 2016-01-01
012 2015-10-01

Plan Statistics for REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN

401k plan membership statisitcs for REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN

Measure Date Value
2016: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 23,337,302
Acturial value of plan assets 2016-12-31 24,285,133
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 11,943,844
Number of terminated vested participants 2016-12-31 163
Fundng target for terminated vested participants 2016-12-31 2,303,115
Active participant vested funding target 2016-12-31 4,435,845
Number of active participants 2016-12-31 1,152
Total funding liabilities for active participants 2016-12-31 5,112,575
Total participant count 2016-12-31 1,475
Total funding target for all participants 2016-12-31 19,359,534
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 4,517,543
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 4,587,781
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 4,916,783
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
Total participants, beginning-of-year 2016-01-01 1,475
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2015 401k membership
Total participants, beginning-of-year 2015-10-01 1,502
Total number of active participants reported on line 7a of the Form 5500 2015-10-01 1,152
Number of retired or separated participants receiving benefits 2015-10-01 144
Number of other retired or separated participants entitled to future benefits 2015-10-01 162
Total of all active and inactive participants 2015-10-01 1,458
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-10-01 17
Total participants 2015-10-01 1,475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-10-01 3

Measure	Date	Value
2016: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	23,337,302
Acturial value of plan assets	2016-12-31	24,285,133
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	11,943,844
Number of terminated vested participants	2016-12-31	163
Fundng target for terminated vested participants	2016-12-31	2,303,115
Active participant vested funding target	2016-12-31	4,435,845
Number of active participants	2016-12-31	1,152
Total funding liabilities for active participants	2016-12-31	5,112,575
Total participant count	2016-12-31	1,475
Total funding target for all participants	2016-12-31	19,359,534
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	4,517,543
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	4,587,781
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	4,916,783
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
Total participants, beginning-of-year	2016-01-01	1,475
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2015 401k membership
Total participants, beginning-of-year	2015-10-01	1,502
Total number of active participants reported on line 7a of the Form 5500	2015-10-01	1,152
Number of retired or separated participants receiving benefits	2015-10-01	144
Number of other retired or separated participants entitled to future benefits	2015-10-01	162
Total of all active and inactive participants	2015-10-01	1,458
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-10-01	17
Total participants	2015-10-01	1,475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-10-01	3

Financial Data on REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN

Measure	Date	Value
2016 : REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$21,614,693
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,053,308
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$3,001,679
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$2,360,441
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$0
Value of total assets at end of year	2016-12-31	$0
Value of total assets at beginning of year	2016-12-31	$23,563,064
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$641,238
Total interest from all sources	2016-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-12-31	$0
Administrative expenses professional fees incurred	2016-12-31	$608,882
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$25,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$-1,948,371
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$23,563,064
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$32,356
Value of interest in master investment trust accounts at end of year	2016-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2016-12-31	$17,763,064
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Employer contributions (assets) at end of year	2016-12-31	$0
Employer contributions (assets) at beginning of year	2016-12-31	$5,800,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$2,360,441
Did the plan have assets held for investment	2016-12-31	No
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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	GRANT THORNTON LLP
Accountancy firm EIN	2016-12-31	366055558
2015 : REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$6,334,071
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$297,688
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$256,475
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$5,800,000
Value of total assets at end of year	2015-12-31	$23,563,064
Value of total assets at beginning of year	2015-12-31	$17,526,681
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$41,213
Total interest from all sources	2015-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Administrative expenses professional fees incurred	2015-12-31	$34,050
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$25,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$6,036,383
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$23,563,064
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$17,526,681
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$7,163
Value of interest in pooled separate accounts at end of year	2015-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$1,009,678
Value of interest in master investment trust accounts at end of year	2015-12-31	$17,763,064
Value of interest in master investment trust accounts at beginning of year	2015-12-31	$0
Value of interest in common/collective trusts at end of year	2015-12-31	$0
Value of interest in common/collective trusts at beginning of year	2015-12-31	$15,317,003
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$5,800,000
Employer contributions (assets) at end of year	2015-12-31	$5,800,000
Employer contributions (assets) at beginning of year	2015-12-31	$1,200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$256,475
Did the plan have assets held for investment	2015-12-31	No
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	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No

Form 5500 Responses for REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN

2016: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: REGAL BELOIT POWER TRANSMISSION SOLUTIONS PENSION PLAN 2015 form 5500 responses
2015-10-01	Type of plan entity	Single employer plan
2015-10-01	Submission has been amended	No
2015-10-01	This submission is the final filing	No
2015-10-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2015-10-01	Plan is a collectively bargained plan	Yes
2015-10-01	Plan funding arrangement – Insurance	Yes
2015-10-01	Plan funding arrangement – Trust	Yes
2015-10-01	Plan benefit arrangement – Insurance	Yes
2015-10-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

435450

Policy instance

Insurance contract or identification number	435450
Number of Individuals Covered	0
Insurance policy start date	2015-10-01
Insurance policy end date	2015-12-31
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	REGAL REXNORD CORPORATION
Employer identification number (EIN):	390449780

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2014-10-10
Company Identification Number:	0802079955
Legal Registered Office Address:	111 W MICHIGAN ST MILWAUKEE United States of America (USA) 53203