?>
Logo

ABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 300

ABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type
Plan Features/Benefits

    401k Sponsoring company profile

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

    Company Name:TEXTRON INC
    Employer identification number (EIN):050315468
    NAIC Classification:339900

    Additional information about TEXTRON INC

    Jurisdiction of Incorporation: State of Delaware Division of Corporations
    Incorporation Date:
    Company Identification Number: 0660813

    More information about TEXTRON INC

    Form 5500 Filing Information

    Submission information for form 5500 for 401k plan ABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN

    Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
    3002016-01-01JON LABATE JON LABATE2017-07-13
    3002016-01-01 GREGG LEACH2017-06-13

    Plan Statistics for ABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN

    401k plan membership statisitcs for ABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN

    Measure Date Value
    2016
    Total participants, beginning-of-year2016-01-01549
    Total number of active participants reported on line 7a of the Form 55002016-01-010
    Number of retired or separated participants receiving benefits2016-01-010
    Number of other retired or separated participants entitled to future benefits2016-01-010
    Total of all active and inactive participants2016-01-010
    Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
    Total participants2016-01-010
    Number of participants with account balances2016-01-010
    Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

    Financial Data on ABLE ENGINEERING & COMPONENT SERVICES, INC. 401(K) PROFIT SHARING PLAN

    Measure Date Value
    2016
    Total unrealized appreciation/depreciation of assets2016-09-01$0
    Total transfer of assets from this plan2016-09-01$11,119,891
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-09-01$0
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-09-01$0
    Total income from all sources (including contributions)2016-09-01$2,159,535
    Total loss/gain on sale of assets2016-09-01$0
    Total of all expenses incurred2016-09-01$682,398
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-09-01$617,441
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-09-01$1,403,868
    Value of total assets at end of year2016-09-01$0
    Value of total assets at beginning of year2016-09-01$9,642,754
    Total of administrative expenses incurred including professional, contract, advisory and management fees2016-09-01$64,957
    Total interest from all sources2016-09-01$12,042
    Total dividends received (eg from common stock, registered investment company shares)2016-09-01$15,846
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-09-01Yes
    Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-09-01$0
    Total dividends received from registered investment company shares (eg mutual funds)2016-09-01$15,846
    Was this plan covered by a fidelity bond2016-09-01Yes
    Value of fidelity bond cover2016-09-01$500,000
    If this is an individual account plan, was there a blackout period2016-09-01No
    Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-09-01$0
    Were there any nonexempt tranactions with any party-in-interest2016-09-01No
    Contributions received from participants2016-09-01$816,636
    Participant contributions at end of year2016-09-01$0
    Participant contributions at beginning of year2016-09-01$436,241
    Income. Received or receivable in cash from other sources (including rollovers)2016-09-01$69,811
    Other income not declared elsewhere2016-09-01$301
    Administrative expenses (other) incurred2016-09-01$64,957
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-09-01No
    Value of net income/loss2016-09-01$1,477,137
    Value of net assets at end of year (total assets less liabilities)2016-09-01$0
    Value of net assets at beginning of year (total assets less liabilities)2016-09-01$9,642,754
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-09-01No
    Were any loans by the plan or fixed income obligations due to the plan in default2016-09-01No
    Were any leases to which the plan was party in default or uncollectible2016-09-01No
    Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-09-01$9,135,022
    Interest on participant loans2016-09-01$12,042
    Value of interest in common/collective trusts at end of year2016-09-01$0
    Value of interest in common/collective trusts at beginning of year2016-09-01$71,491
    Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-09-01$726,208
    Net investment gain or loss from common/collective trusts2016-09-01$1,270
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-09-01No
    Was there a failure to transmit to the plan any participant contributions2016-09-01No
    Has the plan failed to provide any benefit when due under the plan2016-09-01No
    Contributions received in cash from employer2016-09-01$517,421
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-09-01$617,441
    Did the plan have assets held for investment2016-09-01No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-09-01No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-09-01Yes
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-09-01Yes
    Opinion of an independent qualified public accountant for this plan2016-09-01Disclaimer
    Accountancy firm name2016-09-01ERNST & YOUNG
    Accountancy firm EIN2016-09-01346565596
    Total unrealized appreciation/depreciation of assets2016-08-31$0
    Total transfer of assets from this plan2016-08-31$11,119,891
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-08-31$0
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-08-31$0
    Total income from all sources (including contributions)2016-08-31$2,159,535
    Total loss/gain on sale of assets2016-08-31$0
    Total of all expenses incurred2016-08-31$682,398
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-08-31$617,441
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-08-31$1,403,868
    Value of total assets at end of year2016-08-31$0
    Value of total assets at beginning of year2016-08-31$9,642,754
    Total of administrative expenses incurred including professional, contract, advisory and management fees2016-08-31$64,957
    Total interest from all sources2016-08-31$12,042
    Total dividends received (eg from common stock, registered investment company shares)2016-08-31$15,846
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-08-31Yes
    Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-08-31$0
    Total dividends received from registered investment company shares (eg mutual funds)2016-08-31$15,846
    Was this plan covered by a fidelity bond2016-08-31Yes
    Value of fidelity bond cover2016-08-31$500,000
    If this is an individual account plan, was there a blackout period2016-08-31No
    Were there any nonexempt tranactions with any party-in-interest2016-08-31No
    Contributions received from participants2016-08-31$816,636
    Participant contributions at end of year2016-08-31$0
    Participant contributions at beginning of year2016-08-31$436,241
    Income. Received or receivable in cash from other sources (including rollovers)2016-08-31$69,811
    Other income not declared elsewhere2016-08-31$301
    Administrative expenses (other) incurred2016-08-31$64,957
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-08-31No
    Value of net income/loss2016-08-31$1,477,137
    Value of net assets at end of year (total assets less liabilities)2016-08-31$0
    Value of net assets at beginning of year (total assets less liabilities)2016-08-31$9,642,754
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-08-31No
    Were any loans by the plan or fixed income obligations due to the plan in default2016-08-31No
    Were any leases to which the plan was party in default or uncollectible2016-08-31No
    Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-08-31$9,135,022
    Interest on participant loans2016-08-31$12,042
    Value of interest in common/collective trusts at end of year2016-08-31$0
    Value of interest in common/collective trusts at beginning of year2016-08-31$71,491
    Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-08-31$726,208
    Net investment gain or loss from common/collective trusts2016-08-31$1,270
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-08-31No
    Was there a failure to transmit to the plan any participant contributions2016-08-31No
    Has the plan failed to provide any benefit when due under the plan2016-08-31No
    Contributions received in cash from employer2016-08-31$517,421
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-08-31$617,441
    Did the plan have assets held for investment2016-08-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-08-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-08-31Yes
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-08-31Yes
    Opinion of an independent qualified public accountant for this plan2016-08-31Disclaimer
    Accountancy firm name2016-08-31ERNST & YOUNG
    Accountancy firm EIN2016-08-31346565596

    Form 5500 Responses

    2016
    2016-01-01Type of plan entitySingle employer plan
    2016-01-01Submission has been amendedYes
    2016-01-01This submission is the final filingYes
    2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
    2016-01-01Plan is a collectively bargained planNo
    2016-01-01Plan funding arrangement – TrustYes
    2016-01-01Plan benefit arrangement - TrustYes

    Potentially related plans

    Was this data useful?
    If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

    Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

    Information Disclaimer
    The information provided on this website is not advice, endorsement or recommendation
    The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
    You are free to use the information for your own personal research on the understanding to do so is at your own risk.

    See full terms and conditions

    Copyright © Market Footprint Ltd
    Contact us   Datalog Company Directory
    401k Lookup     VAT Lookup S3