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Plan Name | HANWHA SOLARONE USA, INC. 401(K) PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | HANWHA Q CELLS AMERICA INC. |
Employer identification number (EIN): | 260871938 |
NAIC Classification: | 423600 |
Additional information about HANWHA Q CELLS AMERICA INC.
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2018-01-22 |
Company Identification Number: | 0802913758 |
Legal Registered Office Address: |
400 SPECTRUM CENTER DR STE 1400 IRVINE United States of America (USA) 92618 |
More information about HANWHA Q CELLS AMERICA INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | COSTA DOLIANITIS | 2023-07-06 | ||
001 | 2022-01-01 | ||||
001 | 2021-01-01 | ELLEN LEE | 2022-10-17 | ||
001 | 2020-01-01 | MATT BRINSON | 2021-10-15 | ||
001 | 2019-01-01 | MATT BRINSON | 2020-10-15 | ||
001 | 2018-12-01 | MATT BRINSON | 2019-09-30 | ||
001 | 2017-01-01 | MATT BRINSON | 2019-08-07 | ||
001 | 2016-01-01 | ||||
001 | 2016-01-01 | ||||
001 | 2015-01-01 | ||||
001 | 2014-01-01 | HO KYUNG JO | 2015-06-16 | HO KYUNG JO | 2015-06-16 |
001 | 2013-01-01 | SAMI GHAZALI | 2014-06-10 | SAMI GHAZALI | 2014-06-10 |
001 | 2012-01-01 | MARK BRONEZ | 2013-05-21 | MARK BRONEZ | 2013-05-21 |
001 | 2011-05-01 | MARK BRONEZ | 2012-09-19 | MARK BRONEZ | 2012-09-19 |
Measure | Date | Value |
---|---|---|
2022: HANWHA SOLARONE USA, INC. 401(K) PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 172 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 288 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 59 |
Total of all active and inactive participants | 2022-01-01 | 347 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 347 |
Number of participants with account balances | 2022-01-01 | 239 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : HANWHA SOLARONE USA, INC. 401(K) PLAN 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $637,847 |
Total transfer of assets from this plan | 2022-12-31 | $163,151 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $15,903 |
Total income from all sources (including contributions) | 2022-12-31 | $1,258,957 |
Total loss/gain on sale of assets | 2022-12-31 | $-48,306 |
Total of all expenses incurred | 2022-12-31 | $538,531 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $510,439 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,922,459 |
Value of total assets at end of year | 2022-12-31 | $6,584,319 |
Value of total assets at beginning of year | 2022-12-31 | $5,405,100 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $28,092 |
Total interest from all sources | 2022-12-31 | $324 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $147,994 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $147,994 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,691,178 |
Participant contributions at end of year | 2022-12-31 | $2,703 |
Participant contributions at beginning of year | 2022-12-31 | $17,758 |
Participant contributions at end of year | 2022-12-31 | $71,403 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $572,002 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $15,903 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $720,426 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,584,319 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,389,197 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $18,085 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,150,754 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $4,872,759 |
Interest on participant loans | 2022-12-31 | $324 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $310,743 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $430,807 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $12,037 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $83,776 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $83,776 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,771,391 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $7,877 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $659,279 |
Employer contributions (assets) at end of year | 2022-12-31 | $36,679 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $510,439 |
Contract administrator fees | 2022-12-31 | $10,007 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $2,046,367 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $2,094,673 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | CARON & BLETZER, PLLC |
Accountancy firm EIN | 2022-12-31 | 043499945 |
2022: HANWHA SOLARONE USA, INC. 401(K) PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |