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TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 401k Plan overview

Plan NameTWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES
Plan identification number 002

TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID 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 sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TWIN DISC, INCORPORATED has sponsored the creation of one or more 401k plans.

Company Name:TWIN DISC, INCORPORATED
Employer identification number (EIN):390667110
NAIC Classification:333610

Additional information about TWIN DISC, INCORPORATED

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1937-11-19
Company Identification Number: 0000947906
Legal Registered Office Address: 4600 21ST ST

RACINE
United States of America (USA)
53405

More information about TWIN DISC, INCORPORATED

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022019-01-01
0022019-01-01
0022018-01-01
0022017-01-01DENISE WILCOX
0022016-01-01DENISE WILCOX
0022015-01-01DENISE WILCOX
0022014-01-01DENISE WILCOX
0022013-01-01DENISE L. WILCOX
0022012-01-01DENISE L. WILCOX
0022011-01-01DENISE L. WILCOX
0022009-01-01DENISE L. WILCOX

Plan Statistics for TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES

401k plan membership statisitcs for TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES

Measure Date Value
2022: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2022 401k membership
Market value of plan assets2022-12-3144,185,095
Acturial value of plan assets2022-12-3142,081,892
Funding target for retired participants and beneficiaries receiving payment2022-12-3134,789,328
Number of terminated vested participants2022-12-3123
Fundng target for terminated vested participants2022-12-31636,355
Active participant vested funding target2022-12-311,400,148
Number of active participants2022-12-3124
Total funding liabilities for active participants2022-12-311,575,297
Total participant count2022-12-31541
Total funding target for all participants2022-12-3137,000,980
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31661,645
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31661,645
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31729,530
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31150,000
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-01541
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2021 401k membership
Market value of plan assets2021-12-3143,921,934
Acturial value of plan assets2021-12-3140,667,381
Funding target for retired participants and beneficiaries receiving payment2021-12-3136,786,673
Number of terminated vested participants2021-12-3123
Fundng target for terminated vested participants2021-12-31627,619
Active participant vested funding target2021-12-311,780,684
Number of active participants2021-12-3129
Total funding liabilities for active participants2021-12-311,977,321
Total participant count2021-12-31564
Total funding target for all participants2021-12-3139,391,613
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31784,350
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-31334,788
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31449,562
Present value of excess contributions2021-12-31146,428
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31154,584
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-31154,584
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31661,645
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31202,000
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-01564
Total number of active participants reported on line 7a of the Form 55002021-01-0124
Number of retired or separated participants receiving benefits2021-01-01382
Number of other retired or separated participants entitled to future benefits2021-01-0122
Total of all active and inactive participants2021-01-01428
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01113
Total participants2021-01-01541
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2020 401k membership
Market value of plan assets2020-12-3142,834,705
Acturial value of plan assets2020-12-3141,562,416
Funding target for retired participants and beneficiaries receiving payment2020-12-3137,877,222
Number of terminated vested participants2020-12-3132
Fundng target for terminated vested participants2020-12-31900,143
Active participant vested funding target2020-12-312,157,233
Number of active participants2020-12-3134
Total funding liabilities for active participants2020-12-312,372,148
Total participant count2020-12-31583
Total funding target for all participants2020-12-3141,149,513
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31744,589
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31784,350
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31784,350
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31784,350
Total employer contributions2020-12-31157,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31146,428
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31290,000
Net shortfall amortization installment of oustanding balance2020-12-31371,447
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31334,788
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-31334,788
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31146,428
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-01583
Total number of active participants reported on line 7a of the Form 55002020-01-0129
Number of retired or separated participants receiving benefits2020-01-01400
Number of other retired or separated participants entitled to future benefits2020-01-0122
Total of all active and inactive participants2020-01-01451
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01113
Total participants2020-01-01564
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2019 401k membership
Market value of plan assets2019-12-3138,938,687
Acturial value of plan assets2019-12-3141,005,829
Funding target for retired participants and beneficiaries receiving payment2019-12-3138,095,486
Number of terminated vested participants2019-12-3139
Fundng target for terminated vested participants2019-12-311,266,943
Active participant vested funding target2019-12-313,807,650
Number of active participants2019-12-3149
Total funding liabilities for active participants2019-12-314,060,223
Total participant count2019-12-31596
Total funding target for all participants2019-12-3143,422,652
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-312,037
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-312,149
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31532,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31514,255
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31390,000
Net shortfall amortization installment of oustanding balance2019-12-312,416,823
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31835,369
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31835,369
Contributions allocatedtoward minimum required contributions for current year2019-12-31514,255
Unpaid minimum required contributions for current year2019-12-31321,114
Unpaid minimum required contributions for all years2019-12-31321,114
Total participants, beginning-of-year2019-01-01596
Total number of active participants reported on line 7a of the Form 55002019-01-0134
Number of retired or separated participants receiving benefits2019-01-01403
Number of other retired or separated participants entitled to future benefits2019-01-0129
Total of all active and inactive participants2019-01-01466
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01117
Total participants2019-01-01583
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2018 401k membership
Market value of plan assets2018-12-3144,965,957
Acturial value of plan assets2018-12-3142,284,225
Funding target for retired participants and beneficiaries receiving payment2018-12-3137,656,840
Number of terminated vested participants2018-12-3144
Fundng target for terminated vested participants2018-12-311,359,594
Active participant vested funding target2018-12-313,926,286
Number of active participants2018-12-3152
Total funding liabilities for active participants2018-12-314,180,877
Total participant count2018-12-31610
Total funding target for all participants2018-12-3143,197,311
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-312,387
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-312,523
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31553,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31530,606
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31350,000
Net shortfall amortization installment of oustanding balance2018-12-31913,086
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31528,569
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31528,569
Contributions allocatedtoward minimum required contributions for current year2018-12-31530,606
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-01610
Total number of active participants reported on line 7a of the Form 55002018-01-0149
Number of retired or separated participants receiving benefits2018-01-01393
Number of other retired or separated participants entitled to future benefits2018-01-0136
Total of all active and inactive participants2018-01-01478
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01118
Total participants2018-01-01596
2017: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2017 401k membership
Market value of plan assets2017-12-3142,085,139
Acturial value of plan assets2017-12-3142,977,517
Funding target for retired participants and beneficiaries receiving payment2017-12-3138,407,144
Number of terminated vested participants2017-12-3153
Fundng target for terminated vested participants2017-12-311,574,823
Active participant vested funding target2017-12-314,103,084
Number of active participants2017-12-3154
Total funding liabilities for active participants2017-12-314,341,179
Total participant count2017-12-31626
Total funding target for all participants2017-12-3144,323,146
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-311,021
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-311,081
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31717,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31676,218
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31450,000
Net shortfall amortization installment of oustanding balance2017-12-311,345,629
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31673,831
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31673,831
Contributions allocatedtoward minimum required contributions for current year2017-12-31676,218
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-01626
Total number of active participants reported on line 7a of the Form 55002017-01-0152
Number of retired or separated participants receiving benefits2017-01-01401
Number of other retired or separated participants entitled to future benefits2017-01-0142
Total of all active and inactive participants2017-01-01495
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01115
Total participants2017-01-01610
2016: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2016 401k membership
Market value of plan assets2016-12-3143,104,867
Acturial value of plan assets2016-12-3145,360,335
Funding target for retired participants and beneficiaries receiving payment2016-12-3138,848,164
Number of terminated vested participants2016-12-3163
Fundng target for terminated vested participants2016-12-311,889,892
Active participant vested funding target2016-12-314,480,100
Number of active participants2016-12-3161
Total funding liabilities for active participants2016-12-314,769,589
Total participant count2016-12-31645
Total funding target for all participants2016-12-3145,507,645
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 contributions2016-12-3195,422
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31101,262
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-310
Total employer contributions2016-12-31480,000
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 date2016-12-31435,360
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 cost2016-12-31410,000
Net shortfall amortization installment of oustanding balance2016-12-31147,310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31434,339
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31434,339
Contributions allocatedtoward minimum required contributions for current year2016-12-31435,360
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-01645
Total number of active participants reported on line 7a of the Form 55002016-01-0154
Number of retired or separated participants receiving benefits2016-01-01401
Number of other retired or separated participants entitled to future benefits2016-01-0150
Total of all active and inactive participants2016-01-01505
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01121
Total participants2016-01-01626
2015: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2015 401k membership
Total participants, beginning-of-year2015-01-01658
Total number of active participants reported on line 7a of the Form 55002015-01-0161
Number of retired or separated participants receiving benefits2015-01-01400
Number of other retired or separated participants entitled to future benefits2015-01-0159
Total of all active and inactive participants2015-01-01520
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-01125
Total participants2015-01-01645
2014: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2014 401k membership
Total participants, beginning-of-year2014-01-01673
Total number of active participants reported on line 7a of the Form 55002014-01-01102
Number of retired or separated participants receiving benefits2014-01-01367
Number of other retired or separated participants entitled to future benefits2014-01-0167
Total of all active and inactive participants2014-01-01536
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-01122
Total participants2014-01-01658
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2013 401k membership
Total participants, beginning-of-year2013-01-01692
Total number of active participants reported on line 7a of the Form 55002013-01-01115
Number of retired or separated participants receiving benefits2013-01-01365
Number of other retired or separated participants entitled to future benefits2013-01-0173
Total of all active and inactive participants2013-01-01553
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-01120
Total participants2013-01-01673
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2012 401k membership
Total participants, beginning-of-year2012-01-01704
Total number of active participants reported on line 7a of the Form 55002012-01-01130
Number of retired or separated participants receiving benefits2012-01-01360
Number of other retired or separated participants entitled to future benefits2012-01-0181
Total of all active and inactive participants2012-01-01571
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01121
Total participants2012-01-01692
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2011 401k membership
Total participants, beginning-of-year2011-01-01719
Total number of active participants reported on line 7a of the Form 55002011-01-01143
Number of retired or separated participants receiving benefits2011-01-01360
Number of other retired or separated participants entitled to future benefits2011-01-0184
Total of all active and inactive participants2011-01-01587
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01117
Total participants2011-01-01704
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2009 401k membership
Total participants, beginning-of-year2009-01-01766
Total number of active participants reported on line 7a of the Form 55002009-01-01162
Number of retired or separated participants receiving benefits2009-01-01363
Number of other retired or separated participants entitled to future benefits2009-01-0196
Total of all active and inactive participants2009-01-01621
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01119
Total participants2009-01-01740
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES

Measure Date Value
2022 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets from this plan2022-12-31$32,191,091
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$65,577
Total income from all sources (including contributions)2022-12-31$-7,924,690
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$4,003,738
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,710,348
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$0
Value of total assets at beginning of year2022-12-31$44,185,096
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$293,390
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$3,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Administrative expenses (other) incurred2022-12-31$205,955
Liabilities. Value of operating payables at end of year2022-12-31$0
Liabilities. Value of operating payables at beginning of year2022-12-31$65,577
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-11,928,428
Value of net assets at end of year (total assets less liabilities)2022-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$44,119,519
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$87,435
Value of interest in master investment trust accounts at end of year2022-12-31$0
Value of interest in master investment trust accounts at beginning of year2022-12-31$44,185,096
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$3,710,348
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31Yes
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31WIPFLI LLP
Accountancy firm EIN2022-12-31390758449
2021 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$65,577
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$65,766
Total income from all sources (including contributions)2021-12-31$4,538,500
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$4,120,871
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$3,767,144
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$157,000
Value of total assets at end of year2021-12-31$44,185,096
Value of total assets at beginning of year2021-12-31$43,767,656
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$353,727
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$3,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Administrative expenses (other) incurred2021-12-31$244,450
Liabilities. Value of operating payables at end of year2021-12-31$65,577
Liabilities. Value of operating payables at beginning of year2021-12-31$65,766
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$417,629
Value of net assets at end of year (total assets less liabilities)2021-12-31$44,119,519
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$43,701,890
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$109,277
Value of interest in master investment trust accounts at end of year2021-12-31$44,185,096
Value of interest in master investment trust accounts at beginning of year2021-12-31$42,978,656
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$157,000
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$789,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$3,767,144
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
Accountancy firm name2021-12-31WIPFLI LLP
Accountancy firm EIN2021-12-31390758449
2020 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$65,766
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$52,574
Total income from all sources (including contributions)2020-12-31$5,796,103
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$4,342,748
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,903,278
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$576,000
Value of total assets at end of year2020-12-31$43,767,656
Value of total assets at beginning of year2020-12-31$42,301,109
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$439,470
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$3,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Administrative expenses (other) incurred2020-12-31$340,395
Liabilities. Value of operating payables at end of year2020-12-31$65,766
Liabilities. Value of operating payables at beginning of year2020-12-31$52,574
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,453,355
Value of net assets at end of year (total assets less liabilities)2020-12-31$43,701,890
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$42,248,535
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$99,075
Value of interest in master investment trust accounts at end of year2020-12-31$42,978,656
Value of interest in master investment trust accounts at beginning of year2020-12-31$41,813,109
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$576,000
Employer contributions (assets) at end of year2020-12-31$789,000
Employer contributions (assets) at beginning of year2020-12-31$488,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$3,903,278
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31WIPFLI LLP
Accountancy firm EIN2020-12-31390758449
2019 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$52,574
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$32,270
Total income from all sources (including contributions)2019-12-31$7,666,263
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$4,327,191
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,834,632
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$887,000
Value of total assets at end of year2019-12-31$42,301,109
Value of total assets at beginning of year2019-12-31$38,941,733
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$492,559
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$3,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Administrative expenses (other) incurred2019-12-31$391,334
Liabilities. Value of operating payables at end of year2019-12-31$52,574
Liabilities. Value of operating payables at beginning of year2019-12-31$32,270
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,339,072
Value of net assets at end of year (total assets less liabilities)2019-12-31$42,248,535
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$38,909,463
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$101,225
Value of interest in master investment trust accounts at end of year2019-12-31$41,813,109
Value of interest in master investment trust accounts at beginning of year2019-12-31$38,745,733
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$887,000
Employer contributions (assets) at end of year2019-12-31$488,000
Employer contributions (assets) at beginning of year2019-12-31$196,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,834,632
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WIPFLI LLP
Accountancy firm EIN2019-12-31390758449
2018 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$32,270
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$41,937
Total income from all sources (including contributions)2018-12-31$-1,779,683
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$4,245,737
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,873,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$553,000
Value of total assets at end of year2018-12-31$38,941,733
Value of total assets at beginning of year2018-12-31$44,976,820
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$372,572
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$3,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Administrative expenses (other) incurred2018-12-31$274,951
Liabilities. Value of operating payables at end of year2018-12-31$32,270
Liabilities. Value of operating payables at beginning of year2018-12-31$41,937
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-6,025,420
Value of net assets at end of year (total assets less liabilities)2018-12-31$38,909,463
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$44,934,883
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$97,621
Value of interest in master investment trust accounts at end of year2018-12-31$38,745,733
Value of interest in master investment trust accounts at beginning of year2018-12-31$44,586,820
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$553,000
Employer contributions (assets) at end of year2018-12-31$196,000
Employer contributions (assets) at beginning of year2018-12-31$390,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,873,165
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31WIPFLI LLP
Accountancy firm EIN2018-12-31390758449
2017 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$41,937
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$28,066
Total income from all sources (including contributions)2017-12-31$7,235,258
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$4,376,358
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,918,620
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$717,000
Value of total assets at end of year2017-12-31$44,976,820
Value of total assets at beginning of year2017-12-31$42,104,049
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$457,738
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$3,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Administrative expenses (other) incurred2017-12-31$358,781
Liabilities. Value of operating payables at end of year2017-12-31$41,937
Liabilities. Value of operating payables at beginning of year2017-12-31$28,066
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,858,900
Value of net assets at end of year (total assets less liabilities)2017-12-31$44,934,883
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$42,075,983
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$98,957
Value of interest in master investment trust accounts at end of year2017-12-31$44,586,820
Value of interest in master investment trust accounts at beginning of year2017-12-31$41,624,049
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$717,000
Employer contributions (assets) at end of year2017-12-31$390,000
Employer contributions (assets) at beginning of year2017-12-31$480,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,918,620
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31WIPFLI LLP
Accountancy firm EIN2017-12-31390758449
2016 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$28,066
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$41,412
Total income from all sources (including contributions)2016-12-31$3,406,373
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$4,393,845
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,959,296
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$480,000
Value of total assets at end of year2016-12-31$42,104,049
Value of total assets at beginning of year2016-12-31$43,104,867
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$434,549
Total interest from all sources2016-12-31$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 year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$3,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Administrative expenses (other) incurred2016-12-31$347,736
Liabilities. Value of operating payables at end of year2016-12-31$28,066
Liabilities. Value of operating payables at beginning of year2016-12-31$41,412
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-987,472
Value of net assets at end of year (total assets less liabilities)2016-12-31$42,075,983
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$43,063,455
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$86,813
Value of interest in master investment trust accounts at end of year2016-12-31$41,624,049
Value of interest in master investment trust accounts at beginning of year2016-12-31$43,104,867
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$480,000
Employer contributions (assets) at end of year2016-12-31$480,000
Employer contributions (assets) at beginning of year2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$3,959,296
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31WIPFLI LLP
Accountancy firm EIN2016-12-31390758449
2015 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$41,412
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$26,661
Total income from all sources (including contributions)2015-12-31$85,936
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$4,156,349
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$3,821,282
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$100,000
Value of total assets at end of year2015-12-31$43,104,867
Value of total assets at beginning of year2015-12-31$47,160,529
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$335,067
Total interest from all sources2015-12-31$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 year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$3,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Administrative expenses (other) incurred2015-12-31$261,155
Liabilities. Value of operating payables at end of year2015-12-31$41,412
Liabilities. Value of operating payables at beginning of year2015-12-31$26,661
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-4,070,413
Value of net assets at end of year (total assets less liabilities)2015-12-31$43,063,455
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$47,133,868
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$73,912
Value of interest in master investment trust accounts at end of year2015-12-31$43,104,867
Value of interest in master investment trust accounts at beginning of year2015-12-31$46,210,529
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$100,000
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$950,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$3,821,282
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31WIPFLI LLP
Accountancy firm EIN2015-12-31390758449
2014 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$26,661
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$33,107
Total income from all sources (including contributions)2014-12-31$4,239,116
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$3,875,179
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$3,626,797
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,784,000
Value of total assets at end of year2014-12-31$47,160,529
Value of total assets at beginning of year2014-12-31$46,803,038
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$248,382
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$3,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Administrative expenses (other) incurred2014-12-31$152,884
Liabilities. Value of operating payables at end of year2014-12-31$26,661
Liabilities. Value of operating payables at beginning of year2014-12-31$33,107
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$363,937
Value of net assets at end of year (total assets less liabilities)2014-12-31$47,133,868
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$46,769,931
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
Investment advisory and management fees2014-12-31$95,498
Value of interest in master investment trust accounts at end of year2014-12-31$46,210,529
Value of interest in master investment trust accounts at beginning of year2014-12-31$45,043,038
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$1,784,000
Employer contributions (assets) at end of year2014-12-31$950,000
Employer contributions (assets) at beginning of year2014-12-31$1,760,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$3,626,797
Did the plan have assets held for investment2014-12-31No
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31WIPFLI LLP
Accountancy firm EIN2014-12-31390758449
2013 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$33,107
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$24,558
Total income from all sources (including contributions)2013-12-31$9,141,178
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$3,880,847
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$3,591,988
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$2,600,000
Value of total assets at end of year2013-12-31$46,803,038
Value of total assets at beginning of year2013-12-31$41,534,158
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$288,859
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$3,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
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
Administrative expenses (other) incurred2013-12-31$180,240
Liabilities. Value of operating payables at end of year2013-12-31$33,107
Liabilities. Value of operating payables at beginning of year2013-12-31$24,558
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
Value of net income/loss2013-12-31$5,260,331
Value of net assets at end of year (total assets less liabilities)2013-12-31$46,769,931
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$41,509,600
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
Investment advisory and management fees2013-12-31$108,619
Value of interest in master investment trust accounts at end of year2013-12-31$45,043,038
Value of interest in master investment trust accounts at beginning of year2013-12-31$41,473,158
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$2,600,000
Employer contributions (assets) at end of year2013-12-31$1,760,000
Employer contributions (assets) at beginning of year2013-12-31$61,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$3,591,988
Did the plan have assets held for investment2013-12-31No
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31WIPFLI LLP
Accountancy firm EIN2013-12-31390758449
2012 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$24,558
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$21,254
Total income from all sources (including contributions)2012-12-31$4,776,811
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$3,771,682
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$3,506,493
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,221,000
Value of total assets at end of year2012-12-31$41,534,158
Value of total assets at beginning of year2012-12-31$40,525,725
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$265,189
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
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$3,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
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
Administrative expenses (other) incurred2012-12-31$166,389
Liabilities. Value of operating payables at end of year2012-12-31$24,558
Liabilities. Value of operating payables at beginning of year2012-12-31$21,254
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$1,005,129
Value of net assets at end of year (total assets less liabilities)2012-12-31$41,509,600
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$40,504,471
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
Investment advisory and management fees2012-12-31$98,800
Value of interest in master investment trust accounts at end of year2012-12-31$41,473,158
Value of interest in master investment trust accounts at beginning of year2012-12-31$38,702,671
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
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$1,221,000
Employer contributions (assets) at end of year2012-12-31$61,000
Employer contributions (assets) at beginning of year2012-12-31$1,823,054
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$3,506,493
Did the plan have assets held for investment2012-12-31No
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31WIPFLI LLP
Accountancy firm EIN2012-12-31390758449
2011 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$21,254
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$25,073
Total income from all sources (including contributions)2011-12-31$2,481,704
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$3,723,352
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,490,581
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,493,162
Value of total assets at end of year2011-12-31$40,525,725
Value of total assets at beginning of year2011-12-31$41,771,192
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$232,771
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$3,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
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
Administrative expenses (other) incurred2011-12-31$135,688
Liabilities. Value of operating payables at end of year2011-12-31$21,254
Liabilities. Value of operating payables at beginning of year2011-12-31$25,073
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-1,241,648
Value of net assets at end of year (total assets less liabilities)2011-12-31$40,504,471
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$41,746,119
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$97,083
Value of interest in master investment trust accounts at end of year2011-12-31$38,702,671
Value of interest in master investment trust accounts at beginning of year2011-12-31$40,954,675
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$2,493,162
Employer contributions (assets) at end of year2011-12-31$1,823,054
Employer contributions (assets) at beginning of year2011-12-31$816,517
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$3,490,581
Did the plan have assets held for investment2011-12-31No
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31WIPFLI LLP
Accountancy firm EIN2011-12-31390758449
2010 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$25,073
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$26,343
Total income from all sources (including contributions)2010-12-31$7,117,440
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$3,745,556
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$3,484,214
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,208,068
Value of total assets at end of year2010-12-31$41,771,192
Value of total assets at beginning of year2010-12-31$38,400,578
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$261,342
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$3,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
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
Administrative expenses (other) incurred2010-12-31$111,890
Liabilities. Value of operating payables at end of year2010-12-31$25,073
Liabilities. Value of operating payables at beginning of year2010-12-31$26,343
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$3,371,884
Value of net assets at end of year (total assets less liabilities)2010-12-31$41,746,119
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$38,374,235
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
Investment advisory and management fees2010-12-31$149,452
Value of interest in master investment trust accounts at end of year2010-12-31$40,954,675
Value of interest in master investment trust accounts at beginning of year2010-12-31$38,141,045
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$1,208,068
Employer contributions (assets) at end of year2010-12-31$816,517
Employer contributions (assets) at beginning of year2010-12-31$259,533
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$3,484,214
Did the plan have assets held for investment2010-12-31No
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31REILLY, PENNER & BENTON LLP
Accountancy firm EIN2010-12-31390747409
2009 : TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID 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 TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES

2022: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID 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 planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID 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 planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID 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 planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID 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 planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: TWIN DISC, INCORPORATED RETIREMENT PLAN FOR RACINE HOURLY PAID EMPLOYEES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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 planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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