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PITNEY BOWES PUERTO RICO SAVINGS PLAN 401k Plan overview

Plan NamePITNEY BOWES PUERTO RICO SAVINGS PLAN
Plan identification number 003

PITNEY BOWES PUERTO RICO SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Stock bonus
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

PITNEY BOWES PUERTO RICO, INC. has sponsored the creation of one or more 401k plans.

Company Name:PITNEY BOWES PUERTO RICO, INC.
Employer identification number (EIN):660197611
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PITNEY BOWES PUERTO RICO SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01OLGA DINOVA2023-10-12
0032021-01-01OLGA DINOVA2022-10-14 OLGA DINOVA2022-10-14
0032020-01-01OLGA DINOVA2021-10-14 OLGA DINOVA2021-10-14
0032019-01-01OLGA DINOVA2020-10-15 OLGA DINOVA2020-10-15
0032018-01-01AMY V. GOLDBERG2019-07-31 AMY V. GOLDBERG2019-07-31
0032017-01-01AMY V. GOLDBERG2018-08-06 AMY V. GOLDBERG2018-08-06
0032016-01-01AMY GOLDBERG AMY GOLDBERG2017-07-28
0032015-01-01CONCETTA CAPERELLA CONCETTA CAPERELLA2016-06-29
0032014-01-01CONCETTA CAPERELLA CONCETTA CAPERELLA2015-07-29
0032013-01-01AMY GOLDBERG
0032012-01-01AMY GOLDBERG AMY GOLDBERG2013-10-15
0032011-01-01AMY GOLDBERG AMY GOLDBERG2012-07-31
0032009-01-01DEBBIE D. SALCE DEBBIE D. SALCE2010-10-07

Plan Statistics for PITNEY BOWES PUERTO RICO SAVINGS PLAN

401k plan membership statisitcs for PITNEY BOWES PUERTO RICO SAVINGS PLAN

Measure Date Value
2016: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0138
Total number of active participants reported on line 7a of the Form 55002016-01-0134
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-016
Total of all active and inactive participants2016-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0140
Number of participants with account balances2016-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0143
Total number of active participants reported on line 7a of the Form 55002015-01-0136
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0138
Number of participants with account balances2015-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0155
Total number of active participants reported on line 7a of the Form 55002014-01-0137
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0143
Number of participants with account balances2014-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0158
Total number of active participants reported on line 7a of the Form 55002013-01-0137
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0117
Total of all active and inactive participants2013-01-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0154
Number of participants with account balances2013-01-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0158
Total number of active participants reported on line 7a of the Form 55002012-01-0142
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0114
Total of all active and inactive participants2012-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0156
Number of participants with account balances2012-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0157
Total number of active participants reported on line 7a of the Form 55002011-01-0143
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0112
Total of all active and inactive participants2011-01-0155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0155
Number of participants with account balances2011-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0163
Total number of active participants reported on line 7a of the Form 55002009-01-0155
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0159
Number of participants with account balances2009-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on PITNEY BOWES PUERTO RICO SAVINGS PLAN

Measure Date Value
2016 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2016 401k financial data
Total income from all sources2016-12-31$285,731
Expenses. Total of all expenses incurred2016-12-31$25,000
Benefits paid (including direct rollovers)2016-12-31$12,636
Total plan assets at end of year2016-12-31$1,573,695
Total plan assets at beginning of year2016-12-31$1,312,964
Value of fidelity bond covering the plan2016-12-31$35,000,000
Total contributions received or receivable from participants2016-12-31$99,302
Other income received2016-12-31$102,564
Net income (gross income less expenses)2016-12-31$260,731
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,573,695
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,312,964
Assets. Value of participant loans2016-12-31$126,661
Total contributions received or receivable from employer(s)2016-12-31$83,865
Value of certain deemed distributions of participant loans2016-12-31$12,364
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2015 401k financial data
Total income from all sources2015-12-31$188,195
Expenses. Total of all expenses incurred2015-12-31$371,599
Benefits paid (including direct rollovers)2015-12-31$371,599
Total plan assets at end of year2015-12-31$1,312,964
Total plan assets at beginning of year2015-12-31$1,496,368
Value of fidelity bond covering the plan2015-12-31$35,000,000
Total contributions received or receivable from participants2015-12-31$99,875
Other income received2015-12-31$10,047
Net income (gross income less expenses)2015-12-31$-183,404
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,312,964
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,496,368
Assets. Value of participant loans2015-12-31$110,172
Total contributions received or receivable from employer(s)2015-12-31$78,273
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2014 401k financial data
Total income from all sources2014-12-31$253,329
Expenses. Total of all expenses incurred2014-12-31$24,261
Benefits paid (including direct rollovers)2014-12-31$24,261
Total plan assets at end of year2014-12-31$1,496,368
Total plan assets at beginning of year2014-12-31$1,267,300
Value of fidelity bond covering the plan2014-12-31$35,000,000
Total contributions received or receivable from participants2014-12-31$98,250
Other income received2014-12-31$72,796
Net income (gross income less expenses)2014-12-31$229,068
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,496,368
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,267,300
Assets. Value of participant loans2014-12-31$71,424
Total contributions received or receivable from employer(s)2014-12-31$82,283
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$-10,422
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$349,309
Expenses. Total of all expenses incurred2013-12-31$38,916
Benefits paid (including direct rollovers)2013-12-31$38,916
Total plan assets at end of year2013-12-31$1,267,300
Total plan assets at beginning of year2013-12-31$967,329
Value of fidelity bond covering the plan2013-12-31$35,000,000
Total contributions received or receivable from participants2013-12-31$84,222
Other income received2013-12-31$185,928
Net income (gross income less expenses)2013-12-31$310,393
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,267,300
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$967,329
Assets. Value of participant loans2013-12-31$66,435
Total contributions received or receivable from employer(s)2013-12-31$79,159
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$-18,784
Total income from all sources2012-12-31$283,709
Expenses. Total of all expenses incurred2012-12-31$121,521
Benefits paid (including direct rollovers)2012-12-31$120,763
Total plan assets at end of year2012-12-31$967,329
Total plan assets at beginning of year2012-12-31$823,925
Value of fidelity bond covering the plan2012-12-31$35,000,000
Total contributions received or receivable from participants2012-12-31$79,960
Other income received2012-12-31$119,380
Net income (gross income less expenses)2012-12-31$162,188
Net plan assets at end of year (total assets less liabilities)2012-12-31$967,329
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$823,925
Assets. Value of participant loans2012-12-31$83,479
Total contributions received or receivable from employer(s)2012-12-31$84,369
Value of certain deemed distributions of participant loans2012-12-31$758
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2011 401k financial data
Total income from all sources2011-12-31$225,058
Expenses. Total of all expenses incurred2011-12-31$169,990
Benefits paid (including direct rollovers)2011-12-31$106,182
Total plan assets at end of year2011-12-31$823,925
Total plan assets at beginning of year2011-12-31$768,857
Value of fidelity bond covering the plan2011-12-31$35,000,000
Total contributions received or receivable from participants2011-12-31$79,608
Expenses. Other expenses not covered elsewhere2011-12-31$63,808
Other income received2011-12-31$49,997
Net income (gross income less expenses)2011-12-31$55,068
Net plan assets at end of year (total assets less liabilities)2011-12-31$823,925
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$768,857
Assets. Value of participant loans2011-12-31$58,210
Total contributions received or receivable from employer(s)2011-12-31$95,453
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$275,443
Expenses. Total of all expenses incurred2010-12-31$9,405
Benefits paid (including direct rollovers)2010-12-31$9,405
Total plan assets at end of year2010-12-31$768,857
Total plan assets at beginning of year2010-12-31$502,819
Value of fidelity bond covering the plan2010-12-31$35,000,000
Total contributions received or receivable from participants2010-12-31$96,533
Other income received2010-12-31$82,593
Net income (gross income less expenses)2010-12-31$266,038
Net plan assets at end of year (total assets less liabilities)2010-12-31$768,857
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$502,819
Assets. Value of participant loans2010-12-31$89,987
Total contributions received or receivable from employer(s)2010-12-31$96,317
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : PITNEY BOWES PUERTO RICO SAVINGS PLAN 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 PITNEY BOWES PUERTO RICO SAVINGS PLAN

2016: PITNEY BOWES PUERTO RICO SAVINGS PLAN 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: PITNEY BOWES PUERTO RICO SAVINGS PLAN 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: PITNEY BOWES PUERTO RICO SAVINGS PLAN 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: PITNEY BOWES PUERTO RICO SAVINGS PLAN 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: PITNEY BOWES PUERTO RICO SAVINGS PLAN 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: PITNEY BOWES PUERTO RICO SAVINGS PLAN 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: PITNEY BOWES PUERTO RICO SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
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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