401k Plan data: SIMONDS PENSION PLAN plan

SIMONDS PENSION PLAN 401k Plan overview

Plan Name	SIMONDS PENSION PLAN
Plan identification number	001

SIMONDS PENSION 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.
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

SIMONDS INTERNATIONAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: SIMONDS INTERNATIONAL CORPORATION

Employer identification number (EIN): 132759891

NAIC Classification: 332900

Additional information about SIMONDS INTERNATIONAL CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 0794651

More information about SIMONDS INTERNATIONAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIMONDS PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 ANN SMITH HENRY BOTTICELLO 2018-09-27
001 2016-01-01 ANN SMITH HENRY BOTTICELLO 2017-10-04
001 2015-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2016-09-02
001 2014-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2015-08-10
001 2013-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2014-07-17
001 2012-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2013-08-08
001 2011-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2012-08-09
001 2010-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2011-10-03
001 2009-01-01 HENRY BOTTICELLO HENRY BOTTICELLO 2010-10-06

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01	ANN SMITH	HENRY BOTTICELLO	2018-09-27
001	2016-01-01	ANN SMITH	HENRY BOTTICELLO	2017-10-04
001	2015-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2016-09-02
001	2014-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2015-08-10
001	2013-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2014-07-17
001	2012-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2013-08-08
001	2011-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2012-08-09
001	2010-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2011-10-03
001	2009-01-01	HENRY BOTTICELLO	HENRY BOTTICELLO	2010-10-06

Plan Statistics for SIMONDS PENSION PLAN

401k plan membership statisitcs for SIMONDS PENSION PLAN

Measure Date Value
2017: SIMONDS PENSION PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 290
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 207
Number of retired or separated participants receiving benefits 2017-01-01 5
Number of other retired or separated participants entitled to future benefits 2017-01-01 76
Total of all active and inactive participants 2017-01-01 288
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 288
Number of participants with account balances 2017-01-01 288
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 4
2016: SIMONDS PENSION PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 348
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 210
Number of retired or separated participants receiving benefits 2016-01-01 4
Number of other retired or separated participants entitled to future benefits 2016-01-01 72
Total of all active and inactive participants 2016-01-01 286
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 286
Number of participants with account balances 2016-01-01 286
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 2
2015: SIMONDS PENSION PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 621
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 264
Number of retired or separated participants receiving benefits 2015-01-01 5
Number of other retired or separated participants entitled to future benefits 2015-01-01 79
Total of all active and inactive participants 2015-01-01 348
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 348
Number of participants with account balances 2015-01-01 348
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 7
2014: SIMONDS PENSION PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 353
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 272
Number of retired or separated participants receiving benefits 2014-01-01 3
Number of other retired or separated participants entitled to future benefits 2014-01-01 346
Total of all active and inactive participants 2014-01-01 621
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 621
Number of participants with account balances 2014-01-01 346
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 15
2013: SIMONDS PENSION PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 349
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 278
Number of retired or separated participants receiving benefits 2013-01-01 1
Number of other retired or separated participants entitled to future benefits 2013-01-01 71
Total of all active and inactive participants 2013-01-01 350
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 350
Number of participants with account balances 2013-01-01 350
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 11
2012: SIMONDS PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 352
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 260
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 85
Total of all active and inactive participants 2012-01-01 346
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 346
Number of participants with account balances 2012-01-01 346
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 10
2011: SIMONDS PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 333
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 265
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 86
Total of all active and inactive participants 2011-01-01 351
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 352
Number of participants with account balances 2011-01-01 352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 16
2010: SIMONDS PENSION PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 343
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 254
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 79
Total of all active and inactive participants 2010-01-01 333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 333
Number of participants with account balances 2010-01-01 333
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 5
2009: SIMONDS PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 243
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 250
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 88
Total of all active and inactive participants 2009-01-01 339
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 339
Number of participants with account balances 2009-01-01 303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 8

Measure	Date	Value
2017: SIMONDS PENSION PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	290
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	207
Number of retired or separated participants receiving benefits	2017-01-01	5
Number of other retired or separated participants entitled to future benefits	2017-01-01	76
Total of all active and inactive participants	2017-01-01	288
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	288
Number of participants with account balances	2017-01-01	288
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	4
2016: SIMONDS PENSION PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	348
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	210
Number of retired or separated participants receiving benefits	2016-01-01	4
Number of other retired or separated participants entitled to future benefits	2016-01-01	72
Total of all active and inactive participants	2016-01-01	286
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	286
Number of participants with account balances	2016-01-01	286
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	2
2015: SIMONDS PENSION PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	621
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	264
Number of retired or separated participants receiving benefits	2015-01-01	5
Number of other retired or separated participants entitled to future benefits	2015-01-01	79
Total of all active and inactive participants	2015-01-01	348
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	348
Number of participants with account balances	2015-01-01	348
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	7
2014: SIMONDS PENSION PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	353
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	272
Number of retired or separated participants receiving benefits	2014-01-01	3
Number of other retired or separated participants entitled to future benefits	2014-01-01	346
Total of all active and inactive participants	2014-01-01	621
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	621
Number of participants with account balances	2014-01-01	346
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	15
2013: SIMONDS PENSION PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	349
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	278
Number of retired or separated participants receiving benefits	2013-01-01	1
Number of other retired or separated participants entitled to future benefits	2013-01-01	71
Total of all active and inactive participants	2013-01-01	350
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	350
Number of participants with account balances	2013-01-01	350
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	11
2012: SIMONDS PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	352
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	260
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	85
Total of all active and inactive participants	2012-01-01	346
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	346
Number of participants with account balances	2012-01-01	346
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	10
2011: SIMONDS PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	333
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	265
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	86
Total of all active and inactive participants	2011-01-01	351
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	352
Number of participants with account balances	2011-01-01	352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	16
2010: SIMONDS PENSION PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	343
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	254
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	79
Total of all active and inactive participants	2010-01-01	333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	333
Number of participants with account balances	2010-01-01	333
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	5
2009: SIMONDS PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	243
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	250
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	88
Total of all active and inactive participants	2009-01-01	339
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	339
Number of participants with account balances	2009-01-01	303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	8

Financial Data on SIMONDS PENSION PLAN

Measure	Date	Value
2017 : SIMONDS PENSION PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets to this plan	2017-12-31	$27,323
Total transfer of assets from this plan	2017-12-31	$541,617
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$4,617,720
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$1,546,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,409,243
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,493,299
Value of total assets at end of year	2017-12-31	$27,147,215
Value of total assets at beginning of year	2017-12-31	$24,590,175
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$137,143
Total interest from all sources	2017-12-31	$198,995
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$328,024
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$328,024
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$849,921
Participant contributions at end of year	2017-12-31	$518,323
Participant contributions at beginning of year	2017-12-31	$459,471
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$76,606
Other income not declared elsewhere	2017-12-31	$56,191
Administrative expenses (other) incurred	2017-12-31	$137,143
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$3,071,334
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$27,147,215
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$24,590,175
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$16,946,490
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$14,249,467
Value of interest in pooled separate accounts at end of year	2017-12-31	$1,888,332
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$1,674,104
Interest on participant loans	2017-12-31	$29,293
Interest earned on other investments	2017-12-31	$169,702
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$7,794,070
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$8,207,133
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$2,324,010
Net investment gain/loss from pooled separate accounts	2017-12-31	$217,201
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$566,772
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,409,243
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	NEWBURG & COMPANY
Accountancy firm EIN	2017-12-31	042805993
2016 : SIMONDS PENSION PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$4,496,617
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$3,204,443
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$1,149,622
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,014,334
Expenses. Certain deemed distributions of participant loans	2016-12-31	$6,315
Value of total corrective distributions	2016-12-31	$218
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,636,306
Value of total assets at end of year	2016-12-31	$24,590,175
Value of total assets at beginning of year	2016-12-31	$27,031,971
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$128,755
Total interest from all sources	2016-12-31	$220,429
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$310,702
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$310,702
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$855,353
Participant contributions at end of year	2016-12-31	$459,471
Participant contributions at beginning of year	2016-12-31	$444,310
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$51,531
Other income not declared elsewhere	2016-12-31	$34,667
Administrative expenses (other) incurred	2016-12-31	$128,755
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$2,054,821
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$24,590,175
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$27,031,971
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$14,249,467
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$16,958,635
Value of interest in pooled separate accounts at end of year	2016-12-31	$1,674,104
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$1,544,797
Interest on participant loans	2016-12-31	$21,942
Interest earned on other investments	2016-12-31	$198,487
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$8,207,133
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$8,084,229
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$901,225
Net investment gain/loss from pooled separate accounts	2016-12-31	$101,114
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$729,422
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,014,334
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-12-31	Yes
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	NEWBURG & COMPANY
Accountancy firm EIN	2016-12-31	042805993
2015 : SIMONDS PENSION PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$1,924,637
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$1,953,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$1,852,531
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,843,538
Value of total assets at end of year	2015-12-31	$27,031,971
Value of total assets at beginning of year	2015-12-31	$27,060,705
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$100,840
Total interest from all sources	2015-12-31	$177,806
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$251,826
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$251,826
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$1,022,600
Participant contributions at end of year	2015-12-31	$444,310
Participant contributions at beginning of year	2015-12-31	$449,603
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$46,145
Other income not declared elsewhere	2015-12-31	$65,130
Administrative expenses (other) incurred	2015-12-31	$100,840
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$-28,734
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$27,031,971
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$27,060,705
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$16,958,635
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$17,190,546
Value of interest in pooled separate accounts at end of year	2015-12-31	$1,544,797
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$1,405,456
Interest on participant loans	2015-12-31	$21,678
Interest earned on other investments	2015-12-31	$156,128
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-12-31	$8,084,229
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-12-31	$8,015,100
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-413,663
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$774,793
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$1,852,531
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	NEWBURG & COMPANY
Accountancy firm EIN	2015-12-31	042805993
2014 : SIMONDS PENSION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$2,944,682
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$1,726,265
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,693,673
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,767,854
Value of total assets at end of year	2014-12-31	$27,060,705
Value of total assets at beginning of year	2014-12-31	$25,842,288
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$32,592
Total interest from all sources	2014-12-31	$192,701
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$198,831
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$198,831
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$1,023,680
Participant contributions at end of year	2014-12-31	$449,603
Participant contributions at beginning of year	2014-12-31	$379,322
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$3,016
Other income not declared elsewhere	2014-12-31	$34,431
Administrative expenses (other) incurred	2014-12-31	$32,592
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$1,218,417
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$27,060,705
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$25,842,288
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$17,190,546
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$15,825,662
Value of interest in pooled separate accounts at end of year	2014-12-31	$1,405,456
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$1,080,827
Interest on participant loans	2014-12-31	$20,962
Interest earned on other investments	2014-12-31	$171,739
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$8,015,100
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$8,556,477
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$704,340
Net investment gain/loss from pooled separate accounts	2014-12-31	$46,525
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$741,158
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,693,673
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	NEWBURG & COMPANY , LLP
Accountancy firm EIN	2014-12-31	042805993
2013 : SIMONDS PENSION PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$5,067,155
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$1,104,914
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,068,512
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,618,380
Value of total assets at end of year	2013-12-31	$25,842,288
Value of total assets at beginning of year	2013-12-31	$21,880,047
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$36,402
Total interest from all sources	2013-12-31	$237,359
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$150,976
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$150,976
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$895,819
Participant contributions at end of year	2013-12-31	$379,322
Participant contributions at beginning of year	2013-12-31	$408,204
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$5,755
Other income not declared elsewhere	2013-12-31	$35,469
Administrative expenses (other) incurred	2013-12-31	$36,402
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$3,962,241
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$25,842,288
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$21,880,047
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$15,825,662
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$10,585,124
Value of interest in pooled separate accounts at end of year	2013-12-31	$1,080,827
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$790,729
Interest on participant loans	2013-12-31	$20,453
Interest earned on other investments	2013-12-31	$216,906
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$8,556,477
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$10,095,990
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$2,875,878
Net investment gain/loss from pooled separate accounts	2013-12-31	$149,093
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$716,806
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,068,512
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	NEWBURG & COMPANY, LLP
Accountancy firm EIN	2013-12-31	042805993
2012 : SIMONDS PENSION PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$3,602,896
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$2,153,675
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$2,120,782
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,629,732
Value of total assets at end of year	2012-12-31	$21,880,047
Value of total assets at beginning of year	2012-12-31	$20,430,826
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$32,893
Total interest from all sources	2012-12-31	$273,003
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$157,672
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$157,672
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$882,563
Participant contributions at end of year	2012-12-31	$408,204
Participant contributions at beginning of year	2012-12-31	$490,540
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$34,551
Other income not declared elsewhere	2012-12-31	$34,667
Administrative expenses (other) incurred	2012-12-31	$32,893
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$1,449,221
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$21,880,047
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$20,430,826
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$10,585,124
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$9,979,037
Value of interest in pooled separate accounts at end of year	2012-12-31	$790,729
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$573,017
Interest on participant loans	2012-12-31	$24,738
Interest earned on other investments	2012-12-31	$248,265
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$10,095,990
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$9,388,232
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,438,439
Net investment gain/loss from pooled separate accounts	2012-12-31	$69,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$712,618
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$2,120,782
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	NEWBURG & COMPANY, LLP
Accountancy firm EIN	2012-12-31	042805993
2011 : SIMONDS PENSION PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$1,348,885
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$1,172,732
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,130,371
Value of total corrective distributions	2011-12-31	$9,051
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,564,176
Value of total assets at end of year	2011-12-31	$20,430,826
Value of total assets at beginning of year	2011-12-31	$20,254,673
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$33,310
Total interest from all sources	2011-12-31	$248,897
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$113,728
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$113,728
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$845,002
Participant contributions at end of year	2011-12-31	$490,540
Participant contributions at beginning of year	2011-12-31	$491,007
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$314,582
Other income not declared elsewhere	2011-12-31	$34,720
Administrative expenses (other) incurred	2011-12-31	$33,310
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$176,153
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$20,430,826
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$20,254,673
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$9,979,037
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$10,696,440
Value of interest in pooled separate accounts at end of year	2011-12-31	$573,017
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$535,822
Interest on participant loans	2011-12-31	$27,532
Interest earned on other investments	2011-12-31	$221,365
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$9,388,232
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$8,531,404
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-609,128
Net investment gain/loss from pooled separate accounts	2011-12-31	$-3,508
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$404,592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,130,371
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	NEWBURG & COMPANY, LLP
Accountancy firm EIN	2011-12-31	042805993
2010 : SIMONDS PENSION PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$2,892,234
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$1,983,571
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,912,553
Expenses. Certain deemed distributions of participant loans	2010-12-31	$31,383
Value of total corrective distributions	2010-12-31	$11,748
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,227,628
Value of total assets at end of year	2010-12-31	$20,254,673
Value of total assets at beginning of year	2010-12-31	$19,346,010
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$27,887
Total interest from all sources	2010-12-31	$249,513
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$104,133
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$104,133
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$711,780
Participant contributions at end of year	2010-12-31	$491,007
Participant contributions at beginning of year	2010-12-31	$432,785
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$368,005
Other income not declared elsewhere	2010-12-31	$56,971
Administrative expenses (other) incurred	2010-12-31	$27,887
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$908,663
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$20,254,673
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$19,346,010
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$10,696,440
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$10,384,588
Value of interest in pooled separate accounts at end of year	2010-12-31	$535,822
Value of interest in pooled separate accounts at beginning of year	2010-12-31	$440,594
Interest on participant loans	2010-12-31	$29,670
Interest earned on other investments	2010-12-31	$219,843
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$8,531,404
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$8,088,043
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,199,723
Net investment gain/loss from pooled separate accounts	2010-12-31	$54,266
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$147,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,912,553
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	NEWBURG & COMPANY, LLP
Accountancy firm EIN	2010-12-31	042805993
2009 : SIMONDS PENSION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SIMONDS PENSION PLAN

2017: SIMONDS PENSION PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SIMONDS PENSION PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SIMONDS PENSION 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 – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SIMONDS PENSION 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 – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SIMONDS PENSION 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 – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SIMONDS PENSION 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 – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SIMONDS PENSION 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 – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SIMONDS PENSION PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SIMONDS PENSION 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 – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

39953

Policy instance

Insurance contract or identification number	39953
Number of Individuals Covered	288
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
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

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Company Name:	SIMONDS INTERNATIONAL CORPORATION
Employer identification number (EIN):	132759891
NAIC Classification:	332900

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	0794651