?>
Logo

401k Plan overview

Plan NameARCTIC CAT INC. RETIREMENT SAVINGS PLAN
Plan identification number 302

ARCTIC CAT INC. RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

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 ARCTIC CAT INC. RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3022017-01-01RANDY TWISTOL RANDY TWISTOL2018-07-26

Plan Statistics for ARCTIC CAT INC. RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for ARCTIC CAT INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2017
Total participants, beginning-of-year2017-01-012,002
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on ARCTIC CAT INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2017
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-08$-149,346
Total unrealized appreciation/depreciation of assets2017-12-08$-149,346
Total transfer of assets from this plan2017-12-08$78,455,843
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-08$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-08$0
Total income from all sources (including contributions)2017-12-08$12,270,285
Total loss/gain on sale of assets2017-12-08$662,262
Total of all expenses incurred2017-12-08$12,505,095
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-08$12,300,893
Expenses. Certain deemed distributions of participant loans2017-12-08$70,575
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-08$1,059,574
Value of total assets at end of year2017-12-08$0
Value of total assets at beginning of year2017-12-08$78,690,653
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-08$133,627
Total interest from all sources2017-12-08$405,790
Total dividends received (eg from common stock, registered investment company shares)2017-12-08$419,397
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-08Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2017-12-08$0
Total dividends received from registered investment company shares (eg mutual funds)2017-12-08$419,397
Was this plan covered by a fidelity bond2017-12-08Yes
Value of fidelity bond cover2017-12-08$5,000,000
If this is an individual account plan, was there a blackout period2017-12-08No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-08$0
Were there any nonexempt tranactions with any party-in-interest2017-12-08No
Contributions received from participants2017-12-08$866,133
Participant contributions at end of year2017-12-08$0
Participant contributions at beginning of year2017-12-08$3,001,847
Participant contributions at beginning of year2017-12-08$96,641
Income. Received or receivable in cash from other sources (including rollovers)2017-12-08$193,441
Other income not declared elsewhere2017-12-08$-433
Administrative expenses (other) incurred2017-12-08$133,627
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-08No
Value of net income/loss2017-12-08$-234,810
Value of net assets at end of year (total assets less liabilities)2017-12-08$0
Value of net assets at beginning of year (total assets less liabilities)2017-12-08$78,690,653
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-08No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-08No
Were any leases to which the plan was party in default or uncollectible2017-12-08No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-08$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-08$53,401,026
Interest on participant loans2017-12-08$107,055
Interest earned on other investments2017-12-08$298,735
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-08$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-08$19,956,427
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-08$9,873,041
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-08No
Was there a failure to transmit to the plan any participant contributions2017-12-08No
Has the plan failed to provide any benefit when due under the plan2017-12-08No
Assets. Invements in employer securities at end of year2017-12-08$0
Assets. Invements in employer securities at beginning of year2017-12-08$2,234,712
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-08$12,300,893
Did the plan have assets held for investment2017-12-08No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-08No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-08Yes
Aggregate proceeds on sale of assets2017-12-08$2,752,891
Aggregate carrying amount (costs) on sale of assets2017-12-08$2,090,629
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-08Yes
Opinion of an independent qualified public accountant for this plan2017-12-08Disclaimer
Accountancy firm name2017-12-08BRADY, MARTZ & ASSOCIATES, P. C
Accountancy firm EIN2017-12-08450310328

Form 5500 Responses

2017
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number035513
Policy instance 1
Insurance contract or identification number035513
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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