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THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 401k Plan overview

Plan NameTHE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN
Plan identification number 002

THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

THE SWATCH GROUP (U.S.) INC. has sponsored the creation of one or more 401k plans.

Company Name:THE SWATCH GROUP (U.S.) INC.
Employer identification number (EIN):132972171
NAIC Classification:423940
NAIC Description:Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Additional information about THE SWATCH GROUP (U.S.) INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 0851992

More information about THE SWATCH GROUP (U.S.) INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01JEREMY PARKER2023-10-13
0022021-01-01LARRY BUTCHER2022-10-14
0022020-01-01LARRY BUTCHER2021-10-11
0022019-01-01LARRY BUTCHER2020-10-15
0022018-01-01LISA TREFOIS2019-10-11
0022017-01-01LISA TREFOIS2018-10-10
0022016-01-01
0022016-01-01HAJRA PATEL2017-10-13
0022015-01-01MARK MCLAUGHLIN2016-09-15 JOHN KELLY2016-09-15
0022014-01-01MARK MCLAUGHLIN JOHN KELLY2015-10-09
0022013-01-01JANICE CARTWRIGHT JOHN KELLY2014-09-16
0022012-01-01JANICE CARTWRIGHT JOE MELLA2013-10-03
0022011-01-01JANICE CARTWRIGHT JOE MELLA2012-10-08
0022009-01-01JANICE CARTWRIGHT JOSEPH MELLA2010-10-12

Plan Statistics for THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN

401k plan membership statisitcs for THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN

Measure Date Value
2022: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-313,342,425
Acturial value of plan assets2022-12-313,307,083
Funding target for retired participants and beneficiaries receiving payment2022-12-312,515,038
Number of terminated vested participants2022-12-3115
Fundng target for terminated vested participants2022-12-31563,298
Active participant vested funding target2022-12-310
Number of active participants2022-12-310
Total funding liabilities for active participants2022-12-310
Total participant count2022-12-3167
Total funding target for all participants2022-12-313,078,336
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3161,227
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3161,227
Present value of excess contributions2022-12-3113,792
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3114,541
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3162,623
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-3134,114
Net shortfall amortization installment of oustanding balance2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-313,544,389
Acturial value of plan assets2021-12-313,318,316
Funding target for retired participants and beneficiaries receiving payment2021-12-312,253,791
Number of terminated vested participants2021-12-3119
Fundng target for terminated vested participants2021-12-31874,565
Active participant vested funding target2021-12-310
Number of active participants2021-12-310
Total funding liabilities for active participants2021-12-310
Total participant count2021-12-3169
Total funding target for all participants2021-12-313,128,356
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3128,505
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3128,505
Present value of excess contributions2021-12-3127,939
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3129,495
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3129,495
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3161,227
Total employer contributions2021-12-3114,001
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-3113,792
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3129,217
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-3113,792
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-313,387,215
Acturial value of plan assets2020-12-313,292,842
Funding target for retired participants and beneficiaries receiving payment2020-12-312,397,867
Number of terminated vested participants2020-12-3122
Fundng target for terminated vested participants2020-12-31853,045
Active participant vested funding target2020-12-310
Number of active participants2020-12-310
Total funding liabilities for active participants2020-12-310
Total participant count2020-12-3175
Total funding target for all participants2020-12-313,250,912
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31435
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31435
Present value of excess contributions2020-12-3126,593
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3128,010
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-3128,010
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3128,505
Total employer contributions2020-12-3151,297
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3148,578
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3134,064
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3120,639
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-3120,639
Contributions allocatedtoward minimum required contributions for current year2020-12-3148,578
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-313,167,990
Acturial value of plan assets2019-12-313,299,290
Funding target for retired participants and beneficiaries receiving payment2019-12-312,599,262
Number of terminated vested participants2019-12-3128
Fundng target for terminated vested participants2019-12-31998,109
Active participant vested funding target2019-12-310
Number of active participants2019-12-310
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-3184
Total funding target for all participants2019-12-313,597,371
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31446
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31446
Present value of excess contributions2019-12-3163
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3166
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31435
Total employer contributions2019-12-3185,885
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-3183,424
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3129,231
Net shortfall amortization installment of oustanding balance2019-12-31298,516
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3183,424
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-3183,424
Contributions allocatedtoward minimum required contributions for current year2019-12-3183,424
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-313,462,385
Acturial value of plan assets2018-12-313,390,748
Funding target for retired participants and beneficiaries receiving payment2018-12-312,663,558
Number of terminated vested participants2018-12-3131
Fundng target for terminated vested participants2018-12-311,019,889
Active participant vested funding target2018-12-310
Number of active participants2018-12-310
Total funding liabilities for active participants2018-12-310
Total participant count2018-12-3189
Total funding target for all participants2018-12-313,683,447
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31413
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31413
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31446
Total employer contributions2018-12-31116,439
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31106,331
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3158,412
Net shortfall amortization installment of oustanding balance2018-12-31293,145
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31106,268
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31106,268
Contributions allocatedtoward minimum required contributions for current year2018-12-31106,331
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-313,508,160
Acturial value of plan assets2017-12-313,595,567
Funding target for retired participants and beneficiaries receiving payment2017-12-312,644,807
Number of terminated vested participants2017-12-3132
Fundng target for terminated vested participants2017-12-31816,242
Active participant vested funding target2017-12-310
Number of active participants2017-12-310
Total funding liabilities for active participants2017-12-310
Total participant count2017-12-3192
Total funding target for all participants2017-12-313,461,049
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31387
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31387
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31413
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3119,452
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-313,629,853
Acturial value of plan assets2016-12-313,842,471
Funding target for retired participants and beneficiaries receiving payment2016-12-312,574,510
Number of terminated vested participants2016-12-3134
Fundng target for terminated vested participants2016-12-31895,383
Active participant vested funding target2016-12-310
Number of active participants2016-12-310
Total funding liabilities for active participants2016-12-310
Total participant count2016-12-3193
Total funding target for all participants2016-12-313,469,893
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31390
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31390
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31387
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3119,434
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2014: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01104
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-0151
Number of other retired or separated participants entitled to future benefits2014-01-0136
Total of all active and inactive participants2014-01-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-0112
Total participants2014-01-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01109
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-0154
Number of other retired or separated participants entitled to future benefits2013-01-0138
Total of all active and inactive participants2013-01-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-0112
Total participants2013-01-01104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01116
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-0156
Number of other retired or separated participants entitled to future benefits2012-01-0142
Total of all active and inactive participants2012-01-0198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0111
Total participants2012-01-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01119
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-0160
Number of other retired or separated participants entitled to future benefits2011-01-0143
Total of all active and inactive participants2011-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-0113
Total participants2011-01-01116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01126
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-0169
Number of other retired or separated participants entitled to future benefits2009-01-0143
Total of all active and inactive participants2009-01-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-0114
Total participants2009-01-01126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN

Measure Date Value
2014 : THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$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$299,663
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$358,130
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$335,027
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$113,964
Value of total assets at end of year2014-12-31$3,992,141
Value of total assets at beginning of year2014-12-31$4,050,608
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$23,103
Total interest from all sources2014-12-31$16
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$188,238
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$188,238
Administrative expenses professional fees incurred2014-12-31$8,850
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-58,467
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,992,141
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,050,608
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$3,146,414
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,293,780
Value of interest in common/collective trusts at end of year2014-12-31$701,024
Value of interest in common/collective trusts at beginning of year2014-12-31$692,394
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$144,703
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$16
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-11,186
Net investment gain or loss from common/collective trusts2014-12-31$8,631
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$113,964
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$64,434
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$335,027
Contract administrator fees2014-12-31$14,253
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31WEISERMAZARS LLP
Accountancy firm EIN2014-12-31131459550
2013 : THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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$656,862
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$361,232
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$338,684
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$180,720
Value of total assets at end of year2013-12-31$4,050,608
Value of total assets at beginning of year2013-12-31$3,754,978
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$22,548
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$140,871
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$140,871
Administrative expenses professional fees incurred2013-12-31$9,467
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$295,630
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,050,608
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,754,978
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$3,293,780
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$2,963,774
Value of interest in common/collective trusts at end of year2013-12-31$692,394
Value of interest in common/collective trusts at beginning of year2013-12-31$682,510
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$325,388
Net investment gain or loss from common/collective trusts2013-12-31$9,883
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$180,720
Employer contributions (assets) at end of year2013-12-31$64,434
Employer contributions (assets) at beginning of year2013-12-31$108,694
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$338,684
Contract administrator fees2013-12-31$13,081
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31WEISERMAZARS LLP
Accountancy firm EIN2013-12-31131459550
2012 : THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$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$694,095
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$401,307
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$371,188
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$265,363
Value of total assets at end of year2012-12-31$3,754,978
Value of total assets at beginning of year2012-12-31$3,462,190
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$30,119
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$94,937
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$94,937
Administrative expenses professional fees incurred2012-12-31$9,566
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$292,788
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,754,978
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,462,190
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$2,963,774
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$2,730,062
Value of interest in common/collective trusts at end of year2012-12-31$682,510
Value of interest in common/collective trusts at beginning of year2012-12-31$670,678
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$321,963
Net investment gain or loss from common/collective trusts2012-12-31$11,832
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$265,363
Employer contributions (assets) at end of year2012-12-31$108,694
Employer contributions (assets) at beginning of year2012-12-31$61,450
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$371,188
Contract administrator fees2012-12-31$20,553
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31WEISERMAZARS LLP
Accountancy firm EIN2012-12-31131459550
2011 : THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$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$244,181
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$418,529
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$409,214
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$220,686
Value of total assets at end of year2011-12-31$3,462,190
Value of total assets at beginning of year2011-12-31$3,636,538
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$9,315
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$72,520
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$72,520
Administrative expenses professional fees incurred2011-12-31$4,420
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-174,348
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,462,190
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,636,538
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$4,895
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$2,730,062
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$2,705,503
Value of interest in common/collective trusts at end of year2011-12-31$670,678
Value of interest in common/collective trusts at beginning of year2011-12-31$882,342
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-45,046
Net investment gain or loss from common/collective trusts2011-12-31$-3,979
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$220,686
Employer contributions (assets) at end of year2011-12-31$61,450
Employer contributions (assets) at beginning of year2011-12-31$48,693
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$409,214
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31WEISERMAZARS LLP
Accountancy firm EIN2011-12-31131459550
2010 : THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$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$508,125
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$411,280
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$400,475
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$166,078
Value of total assets at end of year2010-12-31$3,636,538
Value of total assets at beginning of year2010-12-31$3,539,693
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$10,805
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$55,362
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$55,362
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Administrative expenses (other) incurred2010-12-31$10,805
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$96,845
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,636,538
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,539,693
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$2,705,503
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$2,587,865
Value of interest in common/collective trusts at end of year2010-12-31$882,342
Value of interest in common/collective trusts at beginning of year2010-12-31$908,117
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$267,515
Net investment gain or loss from common/collective trusts2010-12-31$19,170
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$166,078
Employer contributions (assets) at end of year2010-12-31$48,693
Employer contributions (assets) at beginning of year2010-12-31$43,711
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$400,475
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PARENTEBEARD LLC
Accountancy firm EIN2010-12-31232932984
2009 : THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN

2014: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THE SWATCH GROUP (U.S.) INC. UNION EMPLOYEES' RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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