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VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameVERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN
Plan identification number 001

VERTIV CO. EMPLOYEE RETIREMENT 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.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 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)).

401k Sponsoring company profile

VERTIV CO. has sponsored the creation of one or more 401k plans.

Company Name:VERTIV CO.
Employer identification number (EIN):811738541
NAIC Classification:335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-10-01DAVID DEVINE

Financial Data on VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Measure Date Value
2016 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 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$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$7,161,656
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$3,247,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,231,978
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$4,302,786
Value of total assets at end of year2016-12-31$190,662,498
Value of total assets at beginning of year2016-12-31$186,748,348
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$15,528
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$25,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Other income not declared elsewhere2016-12-31$99,377
Administrative expenses (other) incurred2016-12-31$15,528
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$3,914,150
Value of net assets at end of year (total assets less liabilities)2016-12-31$190,662,498
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$186,748,348
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
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Value of interest in master investment trust accounts at end of year2016-12-31$184,588,473
Value of interest in master investment trust accounts at beginning of year2016-12-31$174,319,563
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$1,771,239
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,826,785
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$21,877
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
Assets. Invements in employer securities at beginning of year2016-12-31$0
Contributions received in cash from employer2016-12-31$4,302,786
Employer contributions (assets) at end of year2016-12-31$4,302,786
Employer contributions (assets) at beginning of year2016-12-31$10,602,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$3,210,101
Did the plan have assets held for investment2016-12-31Yes
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

Form 5500 Responses for VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

2016: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01Submission has been amendedNo
2016-10-01This submission is the final filingNo
2016-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-10-01Plan is a collectively bargained planNo
2016-10-01Plan funding arrangement – InsuranceYes
2016-10-01Plan funding arrangement – TrustYes
2016-10-01Plan benefit arrangement – InsuranceYes
2016-10-01Plan benefit arrangement - TrustYes

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