401k Plan data: NORTEK, INC. 401(K) SAVINGS PLAN plan

NORTEK, INC. 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	NORTEK, INC. 401(K) SAVINGS PLAN
Plan identification number	010

NORTEK, INC. 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined 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.
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.
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)).

401k Sponsoring company profile

NORTEK, INC. has sponsored the creation of one or more 401k plans.

Company Name: NORTEK, INC.

Employer identification number (EIN): 050314991

NAIC Classification: 339900

Additional information about NORTEK, INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 2014-03-12

Company Identification Number: 4543258

Legal Registered Office Address: 5900 SUCCESS DRIVE
Oneida
ROME
United States of America (USA)
13440

More information about NORTEK, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTEK, INC. 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
010 2015-01-01 JULIE MCGWIN
010 2015-01-01 JAMES R. TYCZ
010 2014-01-01 ALMON C. HALL, PLAN ADMIN.
010 2013-01-01 ALMON C. HALL, PLAN ADMIN. ALMON C. HALL, SR. VP, CFO 2014-09-19
010 2012-01-01 ALMON C. HALL, PLAN ADMIN. ALMON C. HALL, SR. VP, CFO 2013-10-07
010 2011-01-01 EDWARD J. COONEY, PLAN ADMIN. EDWARD J. COONEY, SR. VP, TREASURER 2012-09-18
010 2009-01-01 EDWARD J. COONEY, PLAN ADMIN. EDWARD J. COONEY, VP, TREASURER 2010-10-05

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
010	2015-01-01	JULIE MCGWIN
010	2015-01-01	JAMES R. TYCZ
010	2014-01-01	ALMON C. HALL, PLAN ADMIN.
010	2013-01-01	ALMON C. HALL, PLAN ADMIN.	ALMON C. HALL, SR. VP, CFO	2014-09-19
010	2012-01-01	ALMON C. HALL, PLAN ADMIN.	ALMON C. HALL, SR. VP, CFO	2013-10-07
010	2011-01-01	EDWARD J. COONEY, PLAN ADMIN.	EDWARD J. COONEY, SR. VP, TREASURER	2012-09-18
010	2009-01-01	EDWARD J. COONEY, PLAN ADMIN.	EDWARD J. COONEY, VP, TREASURER	2010-10-05

Plan Statistics for NORTEK, INC. 401(K) SAVINGS PLAN

401k plan membership statisitcs for NORTEK, INC. 401(K) SAVINGS PLAN

Measure Date Value
2015: NORTEK, INC. 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 4,544
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 921
Total of all active and inactive participants 2015-01-01 5,465
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 13
Total participants 2015-01-01 5,478
Number of participants with account balances 2015-01-01 4,586
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 380
2014: NORTEK, INC. 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 88
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 20
Total of all active and inactive participants 2014-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 108
Number of participants with account balances 2014-01-01 106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 8
2013: NORTEK, INC. 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 103
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 17
Total of all active and inactive participants 2013-01-01 120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 120
Number of participants with account balances 2013-01-01 82
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 6
2012: NORTEK, INC. 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 45
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 45
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 10
Total of all active and inactive participants 2012-01-01 55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 55
Number of participants with account balances 2012-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: NORTEK, INC. 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 36
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 9
Total of all active and inactive participants 2011-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 45
Number of participants with account balances 2011-01-01 45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: NORTEK, INC. 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 47
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 44
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 9
Total of all active and inactive participants 2009-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 53
Number of participants with account balances 2009-01-01 49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2015: NORTEK, INC. 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	4,544
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	921
Total of all active and inactive participants	2015-01-01	5,465
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	13
Total participants	2015-01-01	5,478
Number of participants with account balances	2015-01-01	4,586
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	380
2014: NORTEK, INC. 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	88
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	20
Total of all active and inactive participants	2014-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	108
Number of participants with account balances	2014-01-01	106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	8
2013: NORTEK, INC. 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	103
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	17
Total of all active and inactive participants	2013-01-01	120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	120
Number of participants with account balances	2013-01-01	82
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	6
2012: NORTEK, INC. 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	45
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	45
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	10
Total of all active and inactive participants	2012-01-01	55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	55
Number of participants with account balances	2012-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: NORTEK, INC. 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	36
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	9
Total of all active and inactive participants	2011-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	45
Number of participants with account balances	2011-01-01	45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: NORTEK, INC. 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	47
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	44
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	9
Total of all active and inactive participants	2009-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	53
Number of participants with account balances	2009-01-01	49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on NORTEK, INC. 401(K) SAVINGS PLAN

Measure	Date	Value
2015 : NORTEK, INC. 401(K) SAVINGS PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$273,357,717
Total income from all sources	2015-12-31	$9,054,158
Expenses. Total of all expenses incurred	2015-12-31	$28,925,633
Benefits paid (including direct rollovers)	2015-12-31	$28,753,141
Total plan assets at end of year	2015-12-31	$267,020,774
Total plan assets at beginning of year	2015-12-31	$13,534,532
Value of fidelity bond covering the plan	2015-12-31	$10,000,000
Total contributions received or receivable from participants	2015-12-31	$11,807,471
Contributions received from other sources (not participants or employers)	2015-12-31	$1,003,618
Other income received	2015-12-31	$-9,251,815
Net income (gross income less expenses)	2015-12-31	$-19,871,475
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$267,020,774
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$13,534,532
Assets. Value of participant loans	2015-12-31	$821,939
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2015-12-31	$9,109
Total contributions received or receivable from employer(s)	2015-12-31	$5,494,884
Value of corrective distributions	2015-12-31	$240
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$172,252
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : NORTEK, INC. 401(K) SAVINGS PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$200,302
Total income from all sources	2014-12-31	$2,421,240
Expenses. Total of all expenses incurred	2014-12-31	$56,001
Benefits paid (including direct rollovers)	2014-12-31	$55,729
Total plan assets at end of year	2014-12-31	$13,534,532
Total plan assets at beginning of year	2014-12-31	$10,968,991
Value of fidelity bond covering the plan	2014-12-31	$10,000,000
Total contributions received or receivable from participants	2014-12-31	$1,062,998
Expenses. Other expenses not covered elsewhere	2014-12-31	$272
Other income received	2014-12-31	$809,607
Net income (gross income less expenses)	2014-12-31	$2,365,239
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$13,534,532
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$10,968,991
Assets. Value of participant loans	2014-12-31	$35,840
Total contributions received or receivable from employer(s)	2014-12-31	$548,635
2013 : NORTEK, INC. 401(K) SAVINGS PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$674,571
Total income from all sources	2013-12-31	$2,487,927
Expenses. Total of all expenses incurred	2013-12-31	$749,199
Benefits paid (including direct rollovers)	2013-12-31	$749,159
Total plan assets at end of year	2013-12-31	$10,968,991
Total plan assets at beginning of year	2013-12-31	$8,555,692
Value of fidelity bond covering the plan	2013-12-31	$10,000,000
Total contributions received or receivable from participants	2013-12-31	$706,142
Expenses. Other expenses not covered elsewhere	2013-12-31	$40
Contributions received from other sources (not participants or employers)	2013-12-31	$32
Other income received	2013-12-31	$1,525,813
Net income (gross income less expenses)	2013-12-31	$1,738,728
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$10,968,991
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$8,555,692
Total contributions received or receivable from employer(s)	2013-12-31	$255,940
2012 : NORTEK, INC. 401(K) SAVINGS PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$1,603,364
Expenses. Total of all expenses incurred	2012-12-31	$213,812
Benefits paid (including direct rollovers)	2012-12-31	$213,812
Total plan assets at end of year	2012-12-31	$8,555,692
Total plan assets at beginning of year	2012-12-31	$7,166,140
Value of fidelity bond covering the plan	2012-12-31	$10,000,000
Total contributions received or receivable from participants	2012-12-31	$483,461
Other income received	2012-12-31	$956,270
Net income (gross income less expenses)	2012-12-31	$1,389,552
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$8,555,692
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$7,166,140
Total contributions received or receivable from employer(s)	2012-12-31	$163,633
2011 : NORTEK, INC. 401(K) SAVINGS PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$369,343
Expenses. Total of all expenses incurred	2011-12-31	$1,777,023
Benefits paid (including direct rollovers)	2011-12-31	$1,777,023
Total plan assets at end of year	2011-12-31	$7,166,140
Total plan assets at beginning of year	2011-12-31	$8,573,820
Value of fidelity bond covering the plan	2011-12-31	$10,000,000
Total contributions received or receivable from participants	2011-12-31	$394,258
Other income received	2011-12-31	$-167,993
Net income (gross income less expenses)	2011-12-31	$-1,407,680
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$7,166,140
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$8,573,820
Total contributions received or receivable from employer(s)	2011-12-31	$143,078
2010 : NORTEK, INC. 401(K) SAVINGS PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$1,232,206
Expenses. Total of all expenses incurred	2010-12-31	$286,296
Benefits paid (including direct rollovers)	2010-12-31	$285,783
Total plan assets at end of year	2010-12-31	$8,573,820
Total plan assets at beginning of year	2010-12-31	$7,627,910
Value of fidelity bond covering the plan	2010-12-31	$10,000,000
Total contributions received or receivable from participants	2010-12-31	$394,853
Expenses. Other expenses not covered elsewhere	2010-12-31	$513
Other income received	2010-12-31	$800,300
Net income (gross income less expenses)	2010-12-31	$945,910
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$8,573,820
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$7,627,910
Total contributions received or receivable from employer(s)	2010-12-31	$37,053

Form 5500 Responses for NORTEK, INC. 401(K) SAVINGS PLAN

2015: NORTEK, INC. 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: NORTEK, INC. 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: NORTEK, INC. 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: NORTEK, INC. 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: NORTEK, INC. 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: NORTEK, INC. 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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NORTEK, INC. 401K PLAN [EIN = 042440302]

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Company Name:	NORTEK, INC.
Employer identification number (EIN):	050314991
NAIC Classification:	339900

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	2014-03-12
Company Identification Number:	4543258
Legal Registered Office Address:	5900 SUCCESS DRIVE Oneida ROME United States of America (USA) 13440