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THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 401k Plan overview

Plan NameTHE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI
Plan identification number 006

THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 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).

401k Sponsoring company profile

IPI, A DIVISION OF PMC, INC. has sponsored the creation of one or more 401k plans.

Company Name:IPI, A DIVISION OF PMC, INC.
Employer identification number (EIN):954528835
NAIC Classification:326100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0062014-01-01SANDY S GARCIA
0062013-01-01SANDY S GARCIA SANDY S GARCIA2014-10-07
0062012-01-01PETER GAMBOA
0062011-01-01PETER GAMBOA
0062010-01-01PETER GAMBOA
0062009-01-01PETER GAMBOA

Plan Statistics for THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI

401k plan membership statisitcs for THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI

Measure Date Value
2014: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2014 401k membership
Total participants, beginning-of-year2014-01-0115
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2013 401k membership
Total participants, beginning-of-year2013-01-0115
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-0110
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0115
2012: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2012 401k membership
Total participants, beginning-of-year2012-01-0116
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-0110
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-0115
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2011 401k membership
Total participants, beginning-of-year2011-01-0116
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-0110
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-0116
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2010 401k membership
Total participants, beginning-of-year2010-01-0116
Total number of active participants reported on line 7a of the Form 55002010-01-010
Number of retired or separated participants receiving benefits2010-01-0112
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0116
Total participants2010-01-0116
2009: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2009 401k membership
Total participants, beginning-of-year2009-01-0116
Number of retired or separated participants receiving benefits2009-01-0112
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0116
Total participants2009-01-0116

Financial Data on THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI

Measure Date Value
2014 : THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2014 401k financial data
Transfers to/from the plan2014-12-31$-271,761
Total income from all sources2014-12-31$31,473
Expenses. Total of all expenses incurred2014-12-31$51,724
Benefits paid (including direct rollovers)2014-12-31$29,850
Total plan assets at end of year2014-12-31$0
Total plan assets at beginning of year2014-12-31$292,012
Value of fidelity bond covering the plan2014-12-31$10,000,000
Other income received2014-12-31$-14,428
Net income (gross income less expenses)2014-12-31$-20,251
Net plan assets at end of year (total assets less liabilities)2014-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$292,012
Total contributions received or receivable from employer(s)2014-12-31$45,901
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$21,874
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2014-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2013 401k financial data
Total income from all sources2013-12-31$37,875
Expenses. Total of all expenses incurred2013-12-31$47,291
Benefits paid (including direct rollovers)2013-12-31$29,850
Total plan assets at end of year2013-12-31$292,012
Total plan assets at beginning of year2013-12-31$301,428
Value of fidelity bond covering the plan2013-12-31$10,000,000
Other income received2013-12-31$562
Net income (gross income less expenses)2013-12-31$-9,416
Net plan assets at end of year (total assets less liabilities)2013-12-31$292,012
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$301,428
Total contributions received or receivable from employer(s)2013-12-31$37,313
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$17,441
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2013-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2012 401k financial data
Total income from all sources2012-12-31$50,250
Expenses. Total of all expenses incurred2012-12-31$37,786
Benefits paid (including direct rollovers)2012-12-31$31,173
Total plan assets at end of year2012-12-31$301,428
Total plan assets at beginning of year2012-12-31$288,964
Value of fidelity bond covering the plan2012-12-31$10,000,000
Other income received2012-12-31$12,844
Net income (gross income less expenses)2012-12-31$12,464
Net plan assets at end of year (total assets less liabilities)2012-12-31$301,428
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$288,964
Total contributions received or receivable from employer(s)2012-12-31$37,406
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$6,613
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2012-12-310
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2011 401k financial data
Total income from all sources2011-12-31$36,869
Expenses. Total of all expenses incurred2011-12-31$40,496
Benefits paid (including direct rollovers)2011-12-31$32,814
Total plan assets at end of year2011-12-31$288,964
Total plan assets at beginning of year2011-12-31$292,591
Value of fidelity bond covering the plan2011-12-31$10,000,000
Other income received2011-12-31$-7,131
Net income (gross income less expenses)2011-12-31$-3,627
Net plan assets at end of year (total assets less liabilities)2011-12-31$288,964
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$292,591
Total contributions received or receivable from employer(s)2011-12-31$44,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$7,682
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2010 401k financial data
Total income from all sources2010-12-31$46,031
Expenses. Total of all expenses incurred2010-12-31$40,330
Benefits paid (including direct rollovers)2010-12-31$32,496
Total plan assets at end of year2010-12-31$292,591
Total plan assets at beginning of year2010-12-31$286,890
Value of fidelity bond covering the plan2010-12-31$5,000,000
Other income received2010-12-31$10,762
Net income (gross income less expenses)2010-12-31$5,701
Net plan assets at end of year (total assets less liabilities)2010-12-31$292,591
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$286,890
Total contributions received or receivable from employer(s)2010-12-31$35,269
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$7,834
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 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 THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI

2014: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01This submission is the final filingYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE RETIREMENT PLAN FOR CERTAIN HOURLY EMPLOYEES OF IPI 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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