?>
Logo

RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 401k Plan overview

Plan NameRETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES
Plan identification number 001

RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

L. E. SAUER MACHINE COMPANY has sponsored the creation of one or more 401k plans.

Company Name:L. E. SAUER MACHINE COMPANY
Employer identification number (EIN):430681504
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-04-01DAVID FORSEE2023-07-18 DAVID FORSEE2023-07-18
0012021-04-01DAVID FORSEE2023-01-05 DAVID FORSEE2023-01-05
0012020-04-01DAVID FORSEE2021-10-21 DAVID FORSEE2021-10-21
0012019-04-01DAVID FORSEE2020-10-22 DAVID FORSEE2020-10-22
0012018-04-01DAVID FORSEE2019-08-26 DAVID FORSEE2019-08-26
0012017-04-01DAVID FORSEE2018-12-03 DAVID FORSEE2018-12-03
0012016-04-01DAVID FORSEE2017-10-27
0012015-04-01DAVID FORSEE2016-10-21
0012014-04-01DAVID FORSEE2015-10-20 DAVID FORSEE2015-10-20
0012013-04-01DAVID FORSEE2014-09-24 DAVID FORSEE2014-09-24
0012012-04-01DAVID FORSEE2013-10-16 DAVID FORSEE2013-10-16
0012011-04-01DAVID FORSEE2012-10-29 DAVID FORSEE2012-10-29
0012010-04-01DAVID FORSEE2011-10-21 DAVID FORSEE2011-10-21
0012009-04-01DAVID FORSEE DAVID FORSEE2011-01-17

Plan Statistics for RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES

Measure Date Value
2022: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2022 401k membership
Market value of plan assets2022-03-317,477,839
Acturial value of plan assets2022-03-316,730,056
Funding target for retired participants and beneficiaries receiving payment2022-03-313,272,701
Number of terminated vested participants2022-03-318
Fundng target for terminated vested participants2022-03-31319,257
Active participant vested funding target2022-03-313,203,488
Number of active participants2022-03-3132
Total funding liabilities for active participants2022-03-313,337,422
Total participant count2022-03-3168
Total funding target for all participants2022-03-316,929,380
Balance at beginning of prior year after applicable adjustments2022-03-3144,921
Prefunding balance at beginning of prior year after applicable adjustments2022-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-03-310
Prefunding balanced used to offset prior years funding requirement2022-03-310
Amount remaining of carryover balance2022-03-3144,921
Amount remaining of prefunding balance2022-03-310
Present value of excess contributions2022-03-3132,126
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-03-3133,832
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-03-310
Reductions in caryover balances due to elections or deemed elections2022-03-310
Reductions in prefunding balances due to elections or deemed elections2022-03-310
Balance of carryovers at beginning of current year2022-03-3158,316
Balance of prefunding at beginning of current year2022-03-310
Total employer contributions2022-03-31750,000
Total employee contributions2022-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-03-310
Contributions made to avoid restrictions adjusted to valuation date2022-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-03-31718,661
Unpaid minimum required contributions for all prior years2022-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-03-310
Remaining amount of unpaid minimum required contributions2022-03-310
Minimum required contributions for current year target normal cost2022-03-3187,000
Net shortfall amortization installment of oustanding balance2022-03-31257,640
Waiver amortization installment2022-03-310
Total funding amount beforereflecting carryover/prefunding balances2022-03-31231,652
Carryover balance elected to use to offset funding requirement2022-03-310
Prefunding balance elected to use to offset funding requirement2022-03-310
Additional cash requirement2022-03-31231,652
Contributions allocatedtoward minimum required contributions for current year2022-03-31718,661
Unpaid minimum required contributions for current year2022-03-310
Unpaid minimum required contributions for all years2022-03-310
2021: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2021 401k membership
Market value of plan assets2021-03-315,862,300
Acturial value of plan assets2021-03-316,176,827
Funding target for retired participants and beneficiaries receiving payment2021-03-313,446,519
Number of terminated vested participants2021-03-318
Fundng target for terminated vested participants2021-03-31303,185
Active participant vested funding target2021-03-313,098,781
Number of active participants2021-03-3132
Total funding liabilities for active participants2021-03-313,235,596
Total participant count2021-03-3168
Total funding target for all participants2021-03-316,985,300
Balance at beginning of prior year after applicable adjustments2021-03-3145,536
Prefunding balance at beginning of prior year after applicable adjustments2021-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-03-310
Prefunding balanced used to offset prior years funding requirement2021-03-310
Amount remaining of carryover balance2021-03-3145,536
Amount remaining of prefunding balance2021-03-310
Present value of excess contributions2021-03-31197
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-03-31208
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-03-310
Reductions in caryover balances due to elections or deemed elections2021-03-310
Reductions in prefunding balances due to elections or deemed elections2021-03-310
Balance of carryovers at beginning of current year2021-03-3144,921
Balance of prefunding at beginning of current year2021-03-310
Total employer contributions2021-03-31319,200
Total employee contributions2021-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-03-310
Contributions made to avoid restrictions adjusted to valuation date2021-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-03-31308,447
Unpaid minimum required contributions for all prior years2021-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-03-310
Remaining amount of unpaid minimum required contributions2021-03-310
Minimum required contributions for current year target normal cost2021-03-3195,000
Net shortfall amortization installment of oustanding balance2021-03-31853,394
Waiver amortization installment2021-03-310
Total funding amount beforereflecting carryover/prefunding balances2021-03-31276,321
Carryover balance elected to use to offset funding requirement2021-03-310
Prefunding balance elected to use to offset funding requirement2021-03-310
Additional cash requirement2021-03-31276,321
Contributions allocatedtoward minimum required contributions for current year2021-03-31308,447
Unpaid minimum required contributions for current year2021-03-310
Unpaid minimum required contributions for all years2021-03-310
2020: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2020 401k membership
Market value of plan assets2020-03-316,036,684
Acturial value of plan assets2020-03-316,033,520
Funding target for retired participants and beneficiaries receiving payment2020-03-313,481,384
Number of terminated vested participants2020-03-318
Fundng target for terminated vested participants2020-03-31277,524
Active participant vested funding target2020-03-312,891,155
Number of active participants2020-03-3132
Total funding liabilities for active participants2020-03-313,040,005
Total participant count2020-03-3168
Total funding target for all participants2020-03-316,798,913
Balance at beginning of prior year after applicable adjustments2020-03-3143,459
Prefunding balance at beginning of prior year after applicable adjustments2020-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-03-310
Prefunding balanced used to offset prior years funding requirement2020-03-310
Amount remaining of carryover balance2020-03-3143,459
Amount remaining of prefunding balance2020-03-310
Present value of excess contributions2020-03-3117,270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-03-3118,246
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-03-310
Reductions in caryover balances due to elections or deemed elections2020-03-310
Reductions in prefunding balances due to elections or deemed elections2020-03-310
Balance of carryovers at beginning of current year2020-03-3145,536
Balance of prefunding at beginning of current year2020-03-310
Total employer contributions2020-03-31332,000
Total employee contributions2020-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-03-310
Contributions made to avoid restrictions adjusted to valuation date2020-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-03-31319,044
Unpaid minimum required contributions for all prior years2020-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-03-310
Remaining amount of unpaid minimum required contributions2020-03-310
Minimum required contributions for current year target normal cost2020-03-31114,000
Net shortfall amortization installment of oustanding balance2020-03-31810,929
Waiver amortization installment2020-03-310
Total funding amount beforereflecting carryover/prefunding balances2020-03-31318,847
Carryover balance elected to use to offset funding requirement2020-03-310
Prefunding balance elected to use to offset funding requirement2020-03-310
Additional cash requirement2020-03-31318,847
Contributions allocatedtoward minimum required contributions for current year2020-03-31319,044
Unpaid minimum required contributions for current year2020-03-310
Unpaid minimum required contributions for all years2020-03-310
2019: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2019 401k membership
Market value of plan assets2019-03-316,278,106
Acturial value of plan assets2019-03-316,073,096
Funding target for retired participants and beneficiaries receiving payment2019-03-313,419,645
Number of terminated vested participants2019-03-318
Fundng target for terminated vested participants2019-03-31253,541
Active participant vested funding target2019-03-312,994,430
Number of active participants2019-03-3134
Total funding liabilities for active participants2019-03-313,075,339
Total participant count2019-03-3170
Total funding target for all participants2019-03-316,748,525
Balance at beginning of prior year after applicable adjustments2019-03-3140,003
Prefunding balance at beginning of prior year after applicable adjustments2019-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-03-310
Prefunding balanced used to offset prior years funding requirement2019-03-310
Amount remaining of carryover balance2019-03-3140,003
Amount remaining of prefunding balance2019-03-310
Present value of excess contributions2019-03-3125,559
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-03-3127,054
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-03-310
Reductions in caryover balances due to elections or deemed elections2019-03-310
Reductions in prefunding balances due to elections or deemed elections2019-03-310
Balance of carryovers at beginning of current year2019-03-3143,459
Balance of prefunding at beginning of current year2019-03-310
Total employer contributions2019-03-31182,000
Total employee contributions2019-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-03-310
Contributions made to avoid restrictions adjusted to valuation date2019-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-03-31176,189
Unpaid minimum required contributions for all prior years2019-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-03-310
Remaining amount of unpaid minimum required contributions2019-03-310
Minimum required contributions for current year target normal cost2019-03-31101,000
Net shortfall amortization installment of oustanding balance2019-03-31718,888
Waiver amortization installment2019-03-310
Total funding amount beforereflecting carryover/prefunding balances2019-03-31158,919
Carryover balance elected to use to offset funding requirement2019-03-310
Prefunding balance elected to use to offset funding requirement2019-03-310
Additional cash requirement2019-03-31158,919
Contributions allocatedtoward minimum required contributions for current year2019-03-31176,189
Unpaid minimum required contributions for current year2019-03-310
Unpaid minimum required contributions for all years2019-03-310
2018: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2018 401k membership
Market value of plan assets2018-03-316,527,361
Acturial value of plan assets2018-03-316,500,266
Funding target for retired participants and beneficiaries receiving payment2018-03-313,755,284
Number of terminated vested participants2018-03-3110
Fundng target for terminated vested participants2018-03-31230,304
Active participant vested funding target2018-03-313,033,088
Number of active participants2018-03-3136
Total funding liabilities for active participants2018-03-313,033,088
Total participant count2018-03-3178
Total funding target for all participants2018-03-317,018,676
Balance at beginning of prior year after applicable adjustments2018-03-3136,081
Prefunding balance at beginning of prior year after applicable adjustments2018-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-03-310
Prefunding balanced used to offset prior years funding requirement2018-03-310
Amount remaining of carryover balance2018-03-3136,081
Amount remaining of prefunding balance2018-03-310
Present value of excess contributions2018-03-3116,285
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-03-3117,270
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-03-310
Reductions in caryover balances due to elections or deemed elections2018-03-310
Reductions in prefunding balances due to elections or deemed elections2018-03-310
Balance of carryovers at beginning of current year2018-03-3140,003
Balance of prefunding at beginning of current year2018-03-310
Total employer contributions2018-03-31250,000
Total employee contributions2018-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-03-310
Contributions made to avoid restrictions adjusted to valuation date2018-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-03-31241,450
Unpaid minimum required contributions for all prior years2018-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-03-310
Remaining amount of unpaid minimum required contributions2018-03-310
Minimum required contributions for current year target normal cost2018-03-31102,000
Net shortfall amortization installment of oustanding balance2018-03-31558,413
Waiver amortization installment2018-03-310
Total funding amount beforereflecting carryover/prefunding balances2018-03-31215,891
Carryover balance elected to use to offset funding requirement2018-03-310
Prefunding balance elected to use to offset funding requirement2018-03-310
Additional cash requirement2018-03-31215,891
Contributions allocatedtoward minimum required contributions for current year2018-03-31241,450
Unpaid minimum required contributions for current year2018-03-310
Unpaid minimum required contributions for all years2018-03-310
2017: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2017 401k membership
Market value of plan assets2017-03-316,547,583
Acturial value of plan assets2017-03-316,938,622
Funding target for retired participants and beneficiaries receiving payment2017-03-313,405,238
Number of terminated vested participants2017-03-319
Fundng target for terminated vested participants2017-03-31199,195
Active participant vested funding target2017-03-313,699,460
Number of active participants2017-03-3142
Total funding liabilities for active participants2017-03-313,699,460
Total participant count2017-03-3181
Total funding target for all participants2017-03-317,303,893
Balance at beginning of prior year after applicable adjustments2017-03-3175,661
Prefunding balance at beginning of prior year after applicable adjustments2017-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-03-3138,975
Prefunding balanced used to offset prior years funding requirement2017-03-310
Amount remaining of carryover balance2017-03-3136,686
Amount remaining of prefunding balance2017-03-310
Present value of excess contributions2017-03-311,879
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-03-311,848
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-03-310
Reductions in caryover balances due to elections or deemed elections2017-03-310
Reductions in prefunding balances due to elections or deemed elections2017-03-310
Balance of carryovers at beginning of current year2017-03-3136,081
Balance of prefunding at beginning of current year2017-03-310
Total employer contributions2017-03-31304,000
Total employee contributions2017-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-03-310
Contributions made to avoid restrictions adjusted to valuation date2017-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-03-31292,399
Unpaid minimum required contributions for all prior years2017-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-03-310
Remaining amount of unpaid minimum required contributions2017-03-310
Minimum required contributions for current year target normal cost2017-03-31103,000
Net shortfall amortization installment of oustanding balance2017-03-31401,352
Waiver amortization installment2017-03-310
Total funding amount beforereflecting carryover/prefunding balances2017-03-31276,114
Carryover balance elected to use to offset funding requirement2017-03-310
Prefunding balance elected to use to offset funding requirement2017-03-310
Additional cash requirement2017-03-31276,114
Contributions allocatedtoward minimum required contributions for current year2017-03-31292,399
Unpaid minimum required contributions for current year2017-03-310
Unpaid minimum required contributions for all years2017-03-310
2009: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2009 401k membership
Total participants, beginning-of-year2009-04-0198
Total number of active participants reported on line 7a of the Form 55002009-04-0159
Number of retired or separated participants receiving benefits2009-04-0136
Number of other retired or separated participants entitled to future benefits2009-04-010
Total of all active and inactive participants2009-04-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-04-010
Total participants2009-04-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-04-0195

Financial Data on RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES

Measure Date Value
2010 : RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-03-31$0

Form 5500 Responses for RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES

2009: RETIREMENT PLAN FOR EMPLOYEES OF L. E. SAUER MACHINE COMPANY AND AFFILIATES 2009 form 5500 responses
2009-04-01Type of plan entitySingle employer plan
2009-04-01Submission has been amendedNo
2009-04-01This submission is the final filingNo
2009-04-01This return/report is a short plan year return/report (less than 12 months)No
2009-04-01Plan is a collectively bargained planNo
2009-04-01Plan funding arrangement – TrustYes
2009-04-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3