Logo

PHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN 401k Plan overview

Plan NamePHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN
Plan identification number 007

PHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN Benefits

401k Plan Type
Plan Features/Benefits

    401k Sponsoring company profile

    PHILIPS ELECTRONICS NORTH AMERICA CORPORATION has sponsored the creation of one or more 401k plans.

    Company Name:PHILIPS ELECTRONICS NORTH AMERICA CORPORATION
    Employer identification number (EIN):133429115
    NAIC Classification:339900

    Additional information about PHILIPS ELECTRONICS NORTH AMERICA CORPORATION

    Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division
    Incorporation Date:
    Company Identification Number: 133429115

    More information about PHILIPS ELECTRONICS NORTH AMERICA CORPORATION

    Form 5500 Filing Information

    Submission information for form 5500 for 401k plan PHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN

    Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
    0072020-01-01KRISTINE FORTIN2021-10-07 KRISTINE FORTIN2021-10-07
    0072019-01-01KRISTINE FORTIN2020-10-07 KRISTINE FORTIN2020-10-07
    0072018-01-01KRISTINE FORTIN2019-10-05 KRISTINE FORTIN2019-10-05
    0072017-01-01
    0072016-08-01
    0072016-08-01

    Plan Statistics for PHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN

    401k plan membership statisitcs for PHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN

    Measure Date Value
    2020
    Market value of plan assets2020-12-311,952,346,745
    Acturial value of plan assets2020-12-311,817,654,320
    Funding target for retired participants and beneficiaries receiving payment2020-12-31889,555,345
    Number of terminated vested participants2020-12-314,836
    Fundng target for terminated vested participants2020-12-31285,586,912
    Active participant vested funding target2020-12-31398,939,114
    Number of active participants2020-12-312,549
    Total funding liabilities for active participants2020-12-31410,082,164
    Total participant count2020-12-3116,858
    Total funding target for all participants2020-12-311,585,224,421
    Balance at beginning of prior year after applicable adjustments2020-12-310
    Prefunding balance at beginning of prior year after applicable adjustments2020-12-31149,714,814
    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 balance2020-12-31149,714,814
    Present value of excess contributions2020-12-310
    Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
    Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
    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 year2020-12-31184,388,765
    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 date2020-12-310
    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 cost2020-12-314,385,187
    Net shortfall amortization installment of oustanding balance2020-12-310
    Waiver amortization installment2020-12-310
    Total funding amount beforereflecting carryover/prefunding balances2020-12-310
    Carryover balance elected to use to offset funding requirement2020-12-310
    Prefunding balance elected to use to offset funding requirement2020-12-310
    Additional cash requirement2020-12-310
    Contributions allocatedtoward minimum required contributions for current year2020-12-310
    Unpaid minimum required contributions for current year2020-12-310
    Unpaid minimum required contributions for all years2020-12-310
    Total participants, beginning-of-year2020-01-0116,689
    Total number of active participants reported on line 7a of the Form 55002020-01-012,230
    Number of retired or separated participants receiving benefits2020-01-0165
    Number of other retired or separated participants entitled to future benefits2020-01-011,115
    Total of all active and inactive participants2020-01-013,410
    Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01161
    Total participants2020-01-013,571
    Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
    2019
    Market value of plan assets2019-12-311,709,033,992
    Acturial value of plan assets2019-12-311,775,757,909
    Funding target for retired participants and beneficiaries receiving payment2019-12-31869,706,300
    Number of terminated vested participants2019-12-315,152
    Fundng target for terminated vested participants2019-12-31287,069,134
    Active participant vested funding target2019-12-31444,661,309
    Number of active participants2019-12-312,882
    Total funding liabilities for active participants2019-12-31457,209,361
    Total participant count2019-12-3117,409
    Total funding target for all participants2019-12-311,613,984,795
    Balance at beginning of prior year after applicable adjustments2019-12-310
    Prefunding balance at beginning of prior year after applicable adjustments2019-12-31205,287,100
    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 balance2019-12-31205,287,100
    Present value of excess contributions2019-12-310
    Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
    Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
    Reductions in caryover balances due to elections or deemed elections2019-12-310
    Reductions in prefunding balances due to elections or deemed elections2019-12-3145,000,000
    Balance of carryovers at beginning of current year2019-12-310
    Balance of prefunding at beginning of current year2019-12-31149,714,814
    Total employer contributions2019-12-310
    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 date2019-12-310
    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 cost2019-12-317,430,327
    Net shortfall amortization installment of oustanding balance2019-12-310
    Waiver amortization installment2019-12-310
    Total funding amount beforereflecting carryover/prefunding balances2019-12-310
    Carryover balance elected to use to offset funding requirement2019-12-310
    Prefunding balance elected to use to offset funding requirement2019-12-310
    Additional cash requirement2019-12-310
    Contributions allocatedtoward minimum required contributions for current year2019-12-310
    Unpaid minimum required contributions for current year2019-12-310
    Unpaid minimum required contributions for all years2019-12-310
    Total participants, beginning-of-year2019-01-0117,244
    Total number of active participants reported on line 7a of the Form 55002019-01-012,549
    Number of retired or separated participants receiving benefits2019-01-018,327
    Number of other retired or separated participants entitled to future benefits2019-01-014,644
    Total of all active and inactive participants2019-01-0115,520
    Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011,169
    Total participants2019-01-0116,689
    Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
    2018
    Market value of plan assets2018-12-311,950,020,288
    Acturial value of plan assets2018-12-311,861,993,334
    Funding target for retired participants and beneficiaries receiving payment2018-12-31826,769,324
    Number of terminated vested participants2018-12-315,321
    Fundng target for terminated vested participants2018-12-31262,600,687
    Active participant vested funding target2018-12-31489,002,084
    Number of active participants2018-12-313,297
    Total funding liabilities for active participants2018-12-31504,476,030
    Total participant count2018-12-3117,966
    Total funding target for all participants2018-12-311,593,846,041
    Balance at beginning of prior year after applicable adjustments2018-12-310
    Prefunding balance at beginning of prior year after applicable adjustments2018-12-3151,000,000
    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 balance2018-12-3151,000,000
    Present value of excess contributions2018-12-31137,259,606
    Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31145,193,211
    Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-31145,000,000
    Reductions in caryover balances due to elections or deemed elections2018-12-310
    Reductions in prefunding balances due to elections or deemed elections2018-12-310
    Balance of carryovers at beginning of current year2018-12-310
    Balance of prefunding at beginning of current year2018-12-31205,287,100
    Total employer contributions2018-12-310
    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 date2018-12-310
    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 cost2018-12-314,317,792
    Net shortfall amortization installment of oustanding balance2018-12-310
    Waiver amortization installment2018-12-310
    Total funding amount beforereflecting carryover/prefunding balances2018-12-310
    Carryover balance elected to use to offset funding requirement2018-12-310
    Prefunding balance elected to use to offset funding requirement2018-12-310
    Additional cash requirement2018-12-310
    Contributions allocatedtoward minimum required contributions for current year2018-12-310
    Unpaid minimum required contributions for current year2018-12-310
    Unpaid minimum required contributions for all years2018-12-310
    Total participants, beginning-of-year2018-01-0117,808
    Total number of active participants reported on line 7a of the Form 55002018-01-012,882
    Number of retired or separated participants receiving benefits2018-01-018,284
    Number of other retired or separated participants entitled to future benefits2018-01-014,955
    Total of all active and inactive participants2018-01-0116,121
    Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011,123
    Total participants2018-01-0117,244
    Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
    2017
    Market value of plan assets2017-12-311,667,677,559
    Acturial value of plan assets2017-12-311,667,677,559
    Funding target for retired participants and beneficiaries receiving payment2017-12-31802,420,400
    Number of terminated vested participants2017-12-315,565
    Fundng target for terminated vested participants2017-12-31254,085,890
    Active participant vested funding target2017-12-31524,961,498
    Number of active participants2017-12-313,690
    Total funding liabilities for active participants2017-12-31543,983,191
    Total participant count2017-12-3118,542
    Total funding target for all participants2017-12-311,600,489,481
    Balance at beginning of prior year after applicable adjustments2017-12-310
    Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
    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 balance2017-12-310
    Present value of excess contributions2017-12-31226,623,255
    Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31240,152,663
    Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3151,000,000
    Balance of carryovers at beginning of current year2017-12-310
    Balance of prefunding at beginning of current year2017-12-3151,000,000
    Total employer contributions2017-12-31150,000,000
    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 date2017-12-31181,077
    Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31137,259,606
    Liquidity shortfalls end of Q12017-12-310
    Liquidity shortfalls end of Q22017-12-310
    Liquidity shortfalls end of Q32017-12-310
    Liquidity shortfalls end of Q42017-12-310
    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 cost2017-12-3115,722,409
    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 year2017-12-31137,259,606
    Unpaid minimum required contributions for current year2017-12-310
    Unpaid minimum required contributions for all years2017-12-310
    Total participants, beginning-of-year2017-01-0118,394
    Total number of active participants reported on line 7a of the Form 55002017-01-013,297
    Number of retired or separated participants receiving benefits2017-01-018,301
    Number of other retired or separated participants entitled to future benefits2017-01-015,148
    Total of all active and inactive participants2017-01-0116,746
    Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011,062
    Total participants2017-01-0117,808
    Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
    2016
    Market value of plan assets2016-12-311,543,037,690
    Acturial value of plan assets2016-12-311,543,037,690
    Funding target for retired participants and beneficiaries receiving payment2016-12-31771,943,357
    Number of terminated vested participants2016-12-316,064
    Fundng target for terminated vested participants2016-12-31263,352,790
    Active participant vested funding target2016-12-31533,577,885
    Number of active participants2016-12-313,924
    Total funding liabilities for active participants2016-12-31556,413,332
    Total participant count2016-12-3119,155
    Total funding target for all participants2016-12-311,591,709,479
    Balance at beginning of prior year after applicable adjustments2016-12-310
    Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
    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 balance2016-12-310
    Present value of excess contributions2016-12-310
    Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3114,387,942
    Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
    Reductions in caryover balances due to elections or deemed elections2016-12-310
    Reductions in prefunding balances due to elections or deemed elections2016-12-310
    Balance of carryovers at beginning of current year2016-12-310
    Balance of prefunding at beginning of current year2016-12-310
    Total employer contributions2016-12-31254,890,000
    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 date2016-12-31232,960,575
    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 cost2016-12-311,120,782
    Net shortfall amortization installment of oustanding balance2016-12-3131,572,627
    Waiver amortization installment2016-12-310
    Total funding amount beforereflecting carryover/prefunding balances2016-12-316,337,320
    Carryover balance elected to use to offset funding requirement2016-12-310
    Prefunding balance elected to use to offset funding requirement2016-12-310
    Additional cash requirement2016-12-316,337,320
    Contributions allocatedtoward minimum required contributions for current year2016-12-31232,960,575
    Unpaid minimum required contributions for current year2016-12-310
    Unpaid minimum required contributions for all years2016-12-310
    Total participants, beginning-of-year2016-08-0118,581
    Total number of active participants reported on line 7a of the Form 55002016-08-013,690
    Number of retired or separated participants receiving benefits2016-08-018,345
    Number of other retired or separated participants entitled to future benefits2016-08-015,383
    Total of all active and inactive participants2016-08-0117,418
    Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-08-01976
    Total participants2016-08-0118,394
    Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-08-010

    Financial Data on PHILIPS ELECTRONICS NORTH AMERICA CORPORATION PENSION PLAN

    Measure Date Value
    2020
    Total unrealized appreciation/depreciation of assets2020-12-31$0
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$868,684
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$866,671
    Total income from all sources (including contributions)2020-12-31$339,048,322
    Total loss/gain on sale of assets2020-12-31$0
    Total of all expenses incurred2020-12-31$1,519,452,396
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,514,889,016
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
    Value of total assets at end of year2020-12-31$772,811,355
    Value of total assets at beginning of year2020-12-31$1,953,213,416
    Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$4,563,380
    Total interest from all sources2020-12-31$0
    Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
    Administrative expenses professional fees incurred2020-12-31$354,961
    Was this plan covered by a fidelity bond2020-12-31Yes
    Value of fidelity bond cover2020-12-31$1,000,000
    Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
    Were there any nonexempt tranactions with any party-in-interest2020-12-31No
    Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$19,337,385
    Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
    Administrative expenses (other) incurred2020-12-31$2,689,021
    Liabilities. Value of operating payables at end of year2020-12-31$868,684
    Liabilities. Value of operating payables at beginning of year2020-12-31$866,671
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
    Value of net income/loss2020-12-31$-1,180,404,074
    Value of net assets at end of year (total assets less liabilities)2020-12-31$771,942,671
    Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,952,346,745
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
    Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
    Were any leases to which the plan was party in default or uncollectible2020-12-31No
    Investment advisory and management fees2020-12-31$1,519,398
    Value of interest in master investment trust accounts at end of year2020-12-31$753,473,970
    Value of interest in master investment trust accounts at beginning of year2020-12-31$1,953,213,416
    Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$1,260,071,043
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
    Was there a failure to transmit to the plan any participant contributions2020-12-31No
    Has the plan failed to provide any benefit when due under the plan2020-12-31No
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$254,817,973
    Did the plan have assets held for investment2020-12-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
    Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
    Accountancy firm name2020-12-31JOHNSON O'CONNOR FERON & CARUCCI LL
    Accountancy firm EIN2020-12-31203985546
    2019
    Total unrealized appreciation/depreciation of assets2019-12-31$0
    Total unrealized appreciation/depreciation of assets2019-12-31$0
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$866,671
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$866,671
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$440,055
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$440,055
    Total income from all sources (including contributions)2019-12-31$380,619,051
    Total income from all sources (including contributions)2019-12-31$380,619,051
    Total loss/gain on sale of assets2019-12-31$0
    Total loss/gain on sale of assets2019-12-31$0
    Total of all expenses incurred2019-12-31$137,306,298
    Total of all expenses incurred2019-12-31$137,306,298
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$131,187,596
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$131,187,596
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
    Value of total assets at end of year2019-12-31$1,953,213,416
    Value of total assets at end of year2019-12-31$1,953,213,416
    Value of total assets at beginning of year2019-12-31$1,709,474,047
    Value of total assets at beginning of year2019-12-31$1,709,474,047
    Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,118,702
    Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,118,702
    Total interest from all sources2019-12-31$0
    Total interest from all sources2019-12-31$0
    Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
    Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
    Administrative expenses professional fees incurred2019-12-31$410,469
    Was this plan covered by a fidelity bond2019-12-31Yes
    Was this plan covered by a fidelity bond2019-12-31Yes
    Value of fidelity bond cover2019-12-31$1,000,000
    Value of fidelity bond cover2019-12-31$1,000,000
    Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
    Were there any nonexempt tranactions with any party-in-interest2019-12-31No
    Were there any nonexempt tranactions with any party-in-interest2019-12-31No
    Administrative expenses (other) incurred2019-12-31$4,920,384
    Liabilities. Value of operating payables at end of year2019-12-31$866,671
    Liabilities. Value of operating payables at end of year2019-12-31$866,671
    Liabilities. Value of operating payables at beginning of year2019-12-31$440,055
    Liabilities. Value of operating payables at beginning of year2019-12-31$440,055
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
    Value of net income/loss2019-12-31$243,312,753
    Value of net income/loss2019-12-31$243,312,753
    Value of net assets at end of year (total assets less liabilities)2019-12-31$1,952,346,745
    Value of net assets at end of year (total assets less liabilities)2019-12-31$1,952,346,745
    Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,709,033,992
    Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,709,033,992
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
    Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
    Were any leases to which the plan was party in default or uncollectible2019-12-31No
    Were any leases to which the plan was party in default or uncollectible2019-12-31No
    Investment advisory and management fees2019-12-31$787,849
    Investment advisory and management fees2019-12-31$787,849
    Value of interest in master investment trust accounts at end of year2019-12-31$1,953,213,416
    Value of interest in master investment trust accounts at end of year2019-12-31$1,953,213,416
    Value of interest in master investment trust accounts at beginning of year2019-12-31$1,709,474,047
    Value of interest in master investment trust accounts at beginning of year2019-12-31$1,709,474,047
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
    Was there a failure to transmit to the plan any participant contributions2019-12-31No
    Has the plan failed to provide any benefit when due under the plan2019-12-31No
    Has the plan failed to provide any benefit when due under the plan2019-12-31No
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$131,187,596
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$131,187,596
    Did the plan have assets held for investment2019-12-31No
    Did the plan have assets held for investment2019-12-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
    Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
    Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
    Accountancy firm name2019-12-31JOHNSON O'CONNOR FERON & CARUCCI LL
    Accountancy firm name2019-12-31JOHNSON O'CONNOR FERON & CARUCCI LL
    Accountancy firm EIN2019-12-31203985546
    Accountancy firm EIN2019-12-31203985546
    2018
    Total unrealized appreciation/depreciation of assets2018-12-31$0
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$440,055
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$134,706
    Total income from all sources (including contributions)2018-12-31$-91,330,043
    Total loss/gain on sale of assets2018-12-31$0
    Total of all expenses incurred2018-12-31$154,463,042
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$149,890,094
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
    Value of total assets at end of year2018-12-31$1,709,474,047
    Value of total assets at beginning of year2018-12-31$1,954,961,783
    Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$4,572,948
    Total interest from all sources2018-12-31$0
    Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
    Administrative expenses professional fees incurred2018-12-31$242,864
    Was this plan covered by a fidelity bond2018-12-31Yes
    Value of fidelity bond cover2018-12-31$1,000,000
    Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
    Were there any nonexempt tranactions with any party-in-interest2018-12-31No
    Administrative expenses (other) incurred2018-12-31$2,983,968
    Liabilities. Value of operating payables at end of year2018-12-31$440,055
    Liabilities. Value of operating payables at beginning of year2018-12-31$134,706
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
    Value of net income/loss2018-12-31$-245,793,085
    Value of net assets at end of year (total assets less liabilities)2018-12-31$1,709,033,992
    Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,954,827,077
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
    Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
    Were any leases to which the plan was party in default or uncollectible2018-12-31No
    Investment advisory and management fees2018-12-31$1,346,116
    Value of interest in master investment trust accounts at end of year2018-12-31$1,709,474,047
    Value of interest in master investment trust accounts at beginning of year2018-12-31$1,804,961,783
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
    Was there a failure to transmit to the plan any participant contributions2018-12-31No
    Has the plan failed to provide any benefit when due under the plan2018-12-31No
    Employer contributions (assets) at end of year2018-12-31$0
    Employer contributions (assets) at beginning of year2018-12-31$150,000,000
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$149,890,094
    Did the plan have assets held for investment2018-12-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
    Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
    Accountancy firm name2018-12-31JOHNSON O'CONNOR FERON & CARUCCI LL
    Accountancy firm EIN2018-12-31203985546
    2017
    Total unrealized appreciation/depreciation of assets2017-12-31$0
    Total transfer of assets to this plan2017-12-31$79,094
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$134,706
    Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$213,176
    Total income from all sources (including contributions)2017-12-31$417,715,192
    Total loss/gain on sale of assets2017-12-31$0
    Total of all expenses incurred2017-12-31$138,591,306
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$123,265,466
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$150,000,000
    Value of total assets at end of year2017-12-31$1,954,961,783
    Value of total assets at beginning of year2017-12-31$1,675,837,273
    Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$15,325,840
    Total interest from all sources2017-12-31$0
    Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
    Administrative expenses professional fees incurred2017-12-31$196,130
    Was this plan covered by a fidelity bond2017-12-31Yes
    Value of fidelity bond cover2017-12-31$1,000,000
    Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
    Were there any nonexempt tranactions with any party-in-interest2017-12-31No
    Administrative expenses (other) incurred2017-12-31$14,052,360
    Liabilities. Value of operating payables at end of year2017-12-31$134,706
    Liabilities. Value of operating payables at beginning of year2017-12-31$213,176
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
    Value of net income/loss2017-12-31$279,123,886
    Value of net assets at end of year (total assets less liabilities)2017-12-31$1,954,827,077
    Value of net assets at beginning of year (total assets less liabilities)2017-12-31$1,675,624,097
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
    Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
    Were any leases to which the plan was party in default or uncollectible2017-12-31No
    Investment advisory and management fees2017-12-31$1,077,350
    Value of interest in master investment trust accounts at end of year2017-12-31$1,804,961,783
    Value of interest in master investment trust accounts at beginning of year2017-12-31$1,422,637,273
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
    Was there a failure to transmit to the plan any participant contributions2017-12-31No
    Has the plan failed to provide any benefit when due under the plan2017-12-31No
    Contributions received in cash from employer2017-12-31$150,000,000
    Employer contributions (assets) at end of year2017-12-31$150,000,000
    Employer contributions (assets) at beginning of year2017-12-31$253,200,000
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$123,265,466
    Did the plan have assets held for investment2017-12-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
    Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
    Accountancy firm name2017-12-31JOHNSON O'CONNOR FERON & CARUCCI LL
    Accountancy firm EIN2017-12-31203985546
    2016
    Total unrealized appreciation/depreciation of assets2016-12-31$0
    Total transfer of assets to this plan2016-12-31$1,675,972,289
    Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$213,176
    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$52,533,203
    Total loss/gain on sale of assets2016-12-31$0
    Total of all expenses incurred2016-12-31$52,881,395
    Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$51,554,987
    Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$254,890,000
    Value of total assets at end of year2016-12-31$1,675,837,273
    Value of total assets at beginning of year2016-12-31$0
    Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,326,408
    Total interest from all sources2016-12-31$0
    Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
    Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
    Administrative expenses professional fees incurred2016-12-31$190,261
    Was this plan covered by a fidelity bond2016-12-31Yes
    Value of fidelity bond cover2016-12-31$1,000,000
    If this is an individual account plan, was there a blackout period2016-12-31No
    Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
    Were there any nonexempt tranactions with any party-in-interest2016-12-31No
    Administrative expenses (other) incurred2016-12-31$599,719
    Liabilities. Value of operating payables at end of year2016-12-31$213,176
    Liabilities. Value of operating payables at beginning of year2016-12-31$0
    Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
    Value of net income/loss2016-12-31$-348,192
    Value of net assets at end of year (total assets less liabilities)2016-12-31$1,675,624,097
    Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
    Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
    Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
    Were any leases to which the plan was party in default or uncollectible2016-12-31No
    Investment advisory and management fees2016-12-31$536,428
    Value of interest in master investment trust accounts at end of year2016-12-31$1,422,637,273
    Value of interest in master investment trust accounts at beginning of year2016-12-31$0
    Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
    Was there a failure to transmit to the plan any participant contributions2016-12-31No
    Has the plan failed to provide any benefit when due under the plan2016-12-31No
    Contributions received in cash from employer2016-12-31$254,890,000
    Employer contributions (assets) at end of year2016-12-31$253,200,000
    Employer contributions (assets) at beginning of year2016-12-31$0
    Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$51,554,987
    Did the plan have assets held for investment2016-12-31No
    Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
    Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
    Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
    Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
    Accountancy firm name2016-12-31JOHNSON O'CONNOR FERON & CARUCCI LL
    Accountancy firm EIN2016-12-31203985546

    Form 5500 Responses

    2020
    2020-01-01Type of plan entitySingle employer plan
    2020-01-01Submission has been amendedNo
    2020-01-01This submission is the final filingNo
    2020-01-01This return/report is a short plan year return/report (less than 12 months)No
    2020-01-01Plan is a collectively bargained planYes
    2020-01-01Plan funding arrangement – InsuranceYes
    2020-01-01Plan funding arrangement – TrustYes
    2020-01-01Plan benefit arrangement – InsuranceYes
    2020-01-01Plan benefit arrangement - TrustYes
    2019
    2019-01-01Type of plan entitySingle employer plan
    2019-01-01Submission has been amendedNo
    2019-01-01This submission is the final filingNo
    2019-01-01This return/report is a short plan year return/report (less than 12 months)No
    2019-01-01Plan is a collectively bargained planYes
    2019-01-01Plan funding arrangement – TrustYes
    2019-01-01Plan benefit arrangement - TrustYes
    2018
    2018-01-01Type of plan entitySingle employer plan
    2018-01-01Submission has been amendedNo
    2018-01-01This submission is the final filingNo
    2018-01-01This return/report is a short plan year return/report (less than 12 months)No
    2018-01-01Plan is a collectively bargained planYes
    2018-01-01Plan funding arrangement – TrustYes
    2018-01-01Plan benefit arrangement - TrustYes
    2017
    2017-01-01Type of plan entitySingle employer plan
    2017-01-01Submission has been amendedNo
    2017-01-01This submission is the final filingNo
    2017-01-01This return/report is a short plan year return/report (less than 12 months)No
    2017-01-01Plan is a collectively bargained planYes
    2017-01-01Plan funding arrangement – TrustYes
    2017-01-01Plan benefit arrangement - TrustYes
    2016
    2016-08-01Type of plan entitySingle employer plan
    2016-08-01First time form 5500 has been submittedYes
    2016-08-01Submission has been amendedNo
    2016-08-01This submission is the final filingNo
    2016-08-01This return/report is a short plan year return/report (less than 12 months)Yes
    2016-08-01Plan is a collectively bargained planYes
    2016-08-01Plan funding arrangement – TrustYes
    2016-08-01Plan benefit arrangement - TrustYes

    Insurance Providers Used on plan

    METLIFE, INC (National Association of Insurance Commissioners NAIC id number: 97136 )
    Policy contract number39175
    Policy instance 1
    Insurance contract or identification number39175
    Number of Individuals Covered9386
    Insurance policy start date2020-11-20
    Insurance policy end date2020-12-31
    Total amount of commissions paid to insurance brokerUSD $0
    Total amount of fees paid to insurance companyUSD $0
    Are there contracts with allocated funds for individual policies?0
    Are there contracts with allocated funds for group deferred annuity?No
    Are there contracts with allocated funds for types other than group deferred annuity or individual?No
    Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
    Contracts With Unallocated Funds Deposit Administration0
    Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
    Are there contracts with unallocated funds for contracts of type guaranteed investment?No
    Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
    Health Insurance Welfare BenefitNo
    Dental Insurance Welfare BenefitNo
    Vision Insurance Welfare BenefitNo
    Life Insurance Welfare BenefitNo
    Temporary Disability Insurance Welfare BenefitNo
    Long Term Disability Insurance Welfare BenefitNo
    Unemployment Insurance Welfare BenefitNo
    Were dividends or retroactive rate refunds paid in cash?No
    Were dividends or retroactive rate refunds paid as a credit?No
    Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
    PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
    Policy contract number2-21778
    Policy instance 2
    Insurance contract or identification number2-21778
    Number of Individuals Covered9252
    Insurance policy start date2020-11-20
    Insurance policy end date2020-12-31
    Total amount of commissions paid to insurance brokerUSD $0
    Total amount of fees paid to insurance companyUSD $0
    Are there contracts with allocated funds for individual policies?0
    Are there contracts with allocated funds for group deferred annuity?No
    Are there contracts with allocated funds for types other than group deferred annuity or individual?No
    Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
    Contracts With Unallocated Funds Deposit Administration0
    Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
    Are there contracts with unallocated funds for contracts of type guaranteed investment?No
    Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
    Health Insurance Welfare BenefitNo
    Dental Insurance Welfare BenefitNo
    Vision Insurance Welfare BenefitNo
    Life Insurance Welfare BenefitNo
    Temporary Disability Insurance Welfare BenefitNo
    Long Term Disability Insurance Welfare BenefitNo
    Unemployment Insurance Welfare BenefitNo
    Were dividends or retroactive rate refunds paid in cash?No
    Were dividends or retroactive rate refunds paid as a credit?No
    Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
    PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
    Policy contract number2-21779
    Policy instance 3
    Insurance contract or identification number2-21779
    Number of Individuals Covered1649
    Insurance policy start date2020-11-20
    Insurance policy end date2020-12-31
    Total amount of commissions paid to insurance brokerUSD $0
    Total amount of fees paid to insurance companyUSD $0
    Are there contracts with allocated funds for individual policies?0
    Are there contracts with allocated funds for group deferred annuity?No
    Are there contracts with allocated funds for types other than group deferred annuity or individual?No
    Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
    Contracts With Unallocated Funds Deposit Administration0
    Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
    Are there contracts with unallocated funds for contracts of type guaranteed investment?No
    Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
    Health Insurance Welfare BenefitNo
    Dental Insurance Welfare BenefitNo
    Vision Insurance Welfare BenefitNo
    Life Insurance Welfare BenefitNo
    Temporary Disability Insurance Welfare BenefitNo
    Long Term Disability Insurance Welfare BenefitNo
    Unemployment Insurance Welfare BenefitNo
    Were dividends or retroactive rate refunds paid in cash?No
    Were dividends or retroactive rate refunds paid as a credit?No
    Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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

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

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

    See full terms and conditions

    Copyright © Market Footprint Ltd
    Contact us   Datalog Company Directory
    401k Lookup     VAT Lookup S1