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RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 401k Plan overview

Plan NameRETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC.
Plan identification number 081

RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 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 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).

401k Sponsoring company profile

MACROTECH FLUID SEALING, INC. has sponsored the creation of one or more 401k plans.

Company Name:MACROTECH FLUID SEALING, INC.
Employer identification number (EIN):870465328
NAIC Classification:326200

Additional information about MACROTECH FLUID SEALING, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 2194217

More information about MACROTECH FLUID SEALING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0812022-01-01DAVID NORTON2022-09-14
0812021-01-01DAVID NORTON2022-07-25
0812020-01-01DAVID NORTON2021-09-18
0812019-01-01DAVID NORTON2020-09-11
0812018-01-01DAVID NORTON2019-09-29
0812017-01-01DAVID NORTON2018-09-27
0812016-01-01DAVID NORTON2017-09-13
0812015-01-01DAVID NORTON2016-08-03
0812014-01-01DAVID NORTON2015-10-06 GORDON T. ZITTING2015-10-06
0812013-01-01DAVID NORTON2014-09-24 GORDON T. ZITTING2014-09-24
0812012-01-01DAVID NORTON2013-10-04 GORDON T. ZITTING2013-10-04
0812011-01-01DAVID NORTON2012-10-10 GORDON T. ZITTING2012-10-10
0812010-01-01DAVID NORTON2011-09-26 GORDON T. ZITTING2011-09-26

Plan Statistics for RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC.

401k plan membership statisitcs for RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC.

Measure Date Value
2021: RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 2021 401k membership
Market value of plan assets2021-12-311,495,053
Acturial value of plan assets2021-12-311,495,053
Funding target for retired participants and beneficiaries receiving payment2021-12-31666,443
Number of terminated vested participants2021-12-3111
Fundng target for terminated vested participants2021-12-31276,051
Active participant vested funding target2021-12-310
Number of active participants2021-12-310
Total funding liabilities for active participants2021-12-310
Total participant count2021-12-3145
Total funding target for all participants2021-12-31942,494
Balance at beginning of prior year after applicable adjustments2021-12-319
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3128,872
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-319
Amount remaining of prefunding balance2021-12-3128,872
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-3111
Balance of prefunding at beginning of current year2021-12-3135,403
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
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 cost2021-12-313,717
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
2020: RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 2020 401k membership
Market value of plan assets2020-12-311,278,942
Acturial value of plan assets2020-12-311,278,942
Funding target for retired participants and beneficiaries receiving payment2020-12-31669,254
Number of terminated vested participants2020-12-3111
Fundng target for terminated vested participants2020-12-31244,285
Active participant vested funding target2020-12-310
Number of active participants2020-12-310
Total funding liabilities for active participants2020-12-310
Total participant count2020-12-3146
Total funding target for all participants2020-12-31913,539
Balance at beginning of prior year after applicable adjustments2020-12-317
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3123,689
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 balance2020-12-317
Amount remaining of prefunding balance2020-12-3123,689
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
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 year2020-12-319
Balance of prefunding at beginning of current year2020-12-3128,872
Total employer contributions2020-12-310
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 date2020-12-310
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 cost2020-12-313,698
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 2019 401k membership
Market value of plan assets2019-12-311,314,110
Acturial value of plan assets2019-12-311,314,110
Funding target for retired participants and beneficiaries receiving payment2019-12-31731,415
Number of terminated vested participants2019-12-3122
Fundng target for terminated vested participants2019-12-31527,539
Active participant vested funding target2019-12-310
Number of active participants2019-12-310
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-3160
Total funding target for all participants2019-12-311,258,954
Balance at beginning of prior year after applicable adjustments2019-12-317
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3124,576
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 balance2019-12-317
Amount remaining of prefunding balance2019-12-3124,576
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-317
Balance of prefunding at beginning of current year2019-12-3123,689
Total employer contributions2019-12-310
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 date2019-12-310
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 cost2019-12-313,880
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 2018 401k membership
Market value of plan assets2018-12-311,431,645
Acturial value of plan assets2018-12-311,431,645
Funding target for retired participants and beneficiaries receiving payment2018-12-31696,569
Number of terminated vested participants2018-12-3124
Fundng target for terminated vested participants2018-12-31547,438
Active participant vested funding target2018-12-310
Number of active participants2018-12-310
Total funding liabilities for active participants2018-12-310
Total participant count2018-12-3161
Total funding target for all participants2018-12-311,244,007
Balance at beginning of prior year after applicable adjustments2018-12-316
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3121,045
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 balance2018-12-316
Amount remaining of prefunding balance2018-12-3121,045
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
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 year2018-12-317
Balance of prefunding at beginning of current year2018-12-3124,576
Total employer contributions2018-12-310
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 date2018-12-310
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 cost2018-12-313,698
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 2017 401k membership
Market value of plan assets2017-12-311,283,548
Acturial value of plan assets2017-12-311,283,548
Funding target for retired participants and beneficiaries receiving payment2017-12-31562,106
Number of terminated vested participants2017-12-3129
Fundng target for terminated vested participants2017-12-31528,878
Active participant vested funding target2017-12-310
Number of active participants2017-12-310
Total funding liabilities for active participants2017-12-310
Total participant count2017-12-3161
Total funding target for all participants2017-12-311,090,984
Balance at beginning of prior year after applicable adjustments2017-12-316
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3119,937
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 balance2017-12-316
Amount remaining of prefunding balance2017-12-3119,937
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-316
Balance of prefunding at beginning of current year2017-12-3121,045
Total employer contributions2017-12-310
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 date2017-12-310
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 cost2017-12-314,581
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: RETIREMENT PLAN FOR I.B. OF T., C.W. AND H. OF A. LOCAL 714 EMPLOYEES OF SELASTOMER CHICAGO DIVISION, MACROTECH FLUID SEALING, INC. 2016 401k membership
Market value of plan assets2016-12-311,279,141
Acturial value of plan assets2016-12-311,279,141
Funding target for retired participants and beneficiaries receiving payment2016-12-31585,653
Number of terminated vested participants2016-12-3131
Fundng target for terminated vested participants2016-12-31530,655
Active participant vested funding target2016-12-310
Number of active participants2016-12-310
Total funding liabilities for active participants2016-12-310
Total participant count2016-12-3164
Total funding target for all participants2016-12-311,116,308
Balance at beginning of prior year after applicable adjustments2016-12-316
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3119,586
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 balance2016-12-316
Amount remaining of prefunding balance2016-12-3119,586
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-316
Balance of prefunding at beginning of current year2016-12-3119,937
Total employer contributions2016-12-310
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 date2016-12-310
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 cost2016-12-312,675
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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