401k Plan data: GRASS VALLEY USA PENSION PLAN plan

GRASS VALLEY USA PENSION PLAN 401k Plan overview

Plan Name	GRASS VALLEY USA PENSION PLAN
Plan identification number	002

GRASS VALLEY USA PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
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

GRASS VALLEY USA, LLC has sponsored the creation of one or more 401k plans.

Company Name: GRASS VALLEY USA, LLC

Employer identification number (EIN): 273715541

NAIC Classification: 334310
NAIC Description: Audio and Video Equipment Manufacturing

Additional information about GRASS VALLEY USA, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 4886533

More information about GRASS VALLEY USA, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GRASS VALLEY USA PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2016-01-01 JIM TAFF
002 2015-01-01 JIM TAFF
002 2014-01-01 JIM TAFF
002 2013-01-01 JIM TAFF
002 2012-01-01 KAREN NIPARKO KAREN NIPARKO 2013-10-14
002 2011-01-01 MARK ANDERSON

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2016-01-01	JIM TAFF
002	2015-01-01	JIM TAFF
002	2014-01-01	JIM TAFF
002	2013-01-01	JIM TAFF
002	2012-01-01	KAREN NIPARKO	KAREN NIPARKO	2013-10-14
002	2011-01-01	MARK ANDERSON

Plan Statistics for GRASS VALLEY USA PENSION PLAN

401k plan membership statisitcs for GRASS VALLEY USA PENSION PLAN

Measure Date Value
2016: GRASS VALLEY USA PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 9,841,238
Acturial value of plan assets 2016-12-31 9,841,238
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,021,119
Number of terminated vested participants 2016-12-31 177
Fundng target for terminated vested participants 2016-12-31 5,399,298
Active participant vested funding target 2016-12-31 5,880,939
Number of active participants 2016-12-31 167
Total funding liabilities for active participants 2016-12-31 5,880,939
Total participant count 2016-12-31 388
Total funding target for all participants 2016-12-31 12,301,356
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 134,220
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 142,434
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 1,080,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 1,028,902
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 2,460,118
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 1,016,142
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 1,016,142
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 1,028,902
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
Total participants, beginning-of-year 2016-01-01 388
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
2015: GRASS VALLEY USA PENSION PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 449
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 167
Number of retired or separated participants receiving benefits 2015-01-01 42
Number of other retired or separated participants entitled to future benefits 2015-01-01 177
Total of all active and inactive participants 2015-01-01 386
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 2
Total participants 2015-01-01 388
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: GRASS VALLEY USA PENSION PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 450
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 225
Number of retired or separated participants receiving benefits 2014-01-01 41
Number of other retired or separated participants entitled to future benefits 2014-01-01 181
Total of all active and inactive participants 2014-01-01 447
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 2
Total participants 2014-01-01 449
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: GRASS VALLEY USA PENSION PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 457
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 244
Number of retired or separated participants receiving benefits 2013-01-01 39
Number of other retired or separated participants entitled to future benefits 2013-01-01 167
Total of all active and inactive participants 2013-01-01 450
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 450
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: GRASS VALLEY USA PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 463
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 316
Number of retired or separated participants receiving benefits 2012-01-01 15
Number of other retired or separated participants entitled to future benefits 2012-01-01 125
Total of all active and inactive participants 2012-01-01 456
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 457
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: GRASS VALLEY USA PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 464
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 413
Number of retired or separated participants receiving benefits 2011-01-01 5
Number of other retired or separated participants entitled to future benefits 2011-01-01 44
Total of all active and inactive participants 2011-01-01 462
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 463
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2016: GRASS VALLEY USA PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	9,841,238
Acturial value of plan assets	2016-12-31	9,841,238
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,021,119
Number of terminated vested participants	2016-12-31	177
Fundng target for terminated vested participants	2016-12-31	5,399,298
Active participant vested funding target	2016-12-31	5,880,939
Number of active participants	2016-12-31	167
Total funding liabilities for active participants	2016-12-31	5,880,939
Total participant count	2016-12-31	388
Total funding target for all participants	2016-12-31	12,301,356
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	134,220
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	142,434
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	1,080,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	1,028,902
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	2,460,118
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	1,016,142
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	1,016,142
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	1,028,902
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
Total participants, beginning-of-year	2016-01-01	388
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
2015: GRASS VALLEY USA PENSION PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	449
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	167
Number of retired or separated participants receiving benefits	2015-01-01	42
Number of other retired or separated participants entitled to future benefits	2015-01-01	177
Total of all active and inactive participants	2015-01-01	386
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	2
Total participants	2015-01-01	388
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: GRASS VALLEY USA PENSION PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	450
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	225
Number of retired or separated participants receiving benefits	2014-01-01	41
Number of other retired or separated participants entitled to future benefits	2014-01-01	181
Total of all active and inactive participants	2014-01-01	447
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	2
Total participants	2014-01-01	449
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: GRASS VALLEY USA PENSION PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	457
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	244
Number of retired or separated participants receiving benefits	2013-01-01	39
Number of other retired or separated participants entitled to future benefits	2013-01-01	167
Total of all active and inactive participants	2013-01-01	450
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	450
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: GRASS VALLEY USA PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	463
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	316
Number of retired or separated participants receiving benefits	2012-01-01	15
Number of other retired or separated participants entitled to future benefits	2012-01-01	125
Total of all active and inactive participants	2012-01-01	456
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	457
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: GRASS VALLEY USA PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	464
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	413
Number of retired or separated participants receiving benefits	2011-01-01	5
Number of other retired or separated participants entitled to future benefits	2011-01-01	44
Total of all active and inactive participants	2011-01-01	462
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	463
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on GRASS VALLEY USA PENSION PLAN

Measure	Date	Value
2016 : GRASS VALLEY USA PENSION PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$9,699,623
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,278,603
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$1,289,349
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,042,050
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$800,000
Value of total assets at end of year	2016-12-31	$0
Value of total assets at beginning of year	2016-12-31	$9,710,369
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$247,299
Total interest from all sources	2016-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$139,983
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$139,983
Administrative expenses professional fees incurred	2016-12-31	$247,299
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-12-31	$4,493
Total non interest bearing cash at end of year	2016-12-31	$0
Total non interest bearing cash at beginning of year	2016-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$-10,746
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$9,710,369
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$9,360,876
Value of interest in common/collective trusts at end of year	2016-12-31	$0
Value of interest in common/collective trusts at beginning of year	2016-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$338,620
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$800,000
Employer contributions (assets) at end of year	2016-12-31	$0
Employer contributions (assets) at beginning of year	2016-12-31	$345,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,042,050
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BROWN SMITH WALLACE, LLP
Accountancy firm EIN	2016-12-31	431001367
2015 : GRASS VALLEY USA PENSION PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$483,092
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$1,874,759
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$1,660,882
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$439,624
Value of total assets at end of year	2015-12-31	$9,710,369
Value of total assets at beginning of year	2015-12-31	$11,102,036
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$213,877
Total interest from all sources	2015-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$210,846
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$210,846
Administrative expenses professional fees incurred	2015-12-31	$213,877
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$4,493
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$4,538
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$-1,391,667
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$9,710,369
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$11,102,036
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$9,360,876
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$10,228,244
Value of interest in common/collective trusts at end of year	2015-12-31	$0
Value of interest in common/collective trusts at beginning of year	2015-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$101,878
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$101,878
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-167,378
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$439,624
Employer contributions (assets) at end of year	2015-12-31	$345,000
Employer contributions (assets) at beginning of year	2015-12-31	$767,376
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$1,660,882
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	BROWN SMITH WALLACE, LLC
Accountancy firm EIN	2015-12-31	431001367
2014 : GRASS VALLEY USA PENSION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$1,371,012
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$435,609
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$362,609
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$952,508
Value of total assets at end of year	2014-12-31	$11,102,036
Value of total assets at beginning of year	2014-12-31	$10,166,633
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$73,000
Total interest from all sources	2014-12-31	$123
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$177,996
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$177,996
Administrative expenses professional fees incurred	2014-12-31	$73,000
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$4,538
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$5,892
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$935,403
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$11,102,036
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$10,166,633
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$10,228,244
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$7,815,393
Value of interest in common/collective trusts at end of year	2014-12-31	$0
Value of interest in common/collective trusts at beginning of year	2014-12-31	$1,354,468
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$101,878
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$45,144
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$45,144
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$123
Net investment gain or loss from common/collective trusts	2014-12-31	$56,711
Net gain/loss from 103.12 investment entities	2014-12-31	$183,674
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$952,508
Employer contributions (assets) at end of year	2014-12-31	$767,376
Employer contributions (assets) at beginning of year	2014-12-31	$945,736
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$362,609
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BROWN SMITH WALLACE, LLC
Accountancy firm EIN	2014-12-31	431001367
2013 : GRASS VALLEY USA PENSION PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$2,563,812
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$1,006,156
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$941,074
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,632,310
Value of total assets at end of year	2013-12-31	$10,166,633
Value of total assets at beginning of year	2013-12-31	$8,608,977
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$65,082
Total interest from all sources	2013-12-31	$231
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$110,962
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$110,962
Administrative expenses professional fees incurred	2013-12-31	$65,082
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$5,892
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$5,895
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$1,557,656
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$10,166,633
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$8,608,977
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$7,815,393
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$6,551,732
Value of interest in common/collective trusts at end of year	2013-12-31	$1,354,468
Value of interest in common/collective trusts at beginning of year	2013-12-31	$1,275,164
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$45,144
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$431,255
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$431,255
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$231
Net investment gain or loss from common/collective trusts	2013-12-31	$78,806
Net gain/loss from 103.12 investment entities	2013-12-31	$741,503
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$1,632,310
Employer contributions (assets) at end of year	2013-12-31	$945,736
Employer contributions (assets) at beginning of year	2013-12-31	$344,931
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$941,074
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BROWN SMITH WALLACE, LLC
Accountancy firm EIN	2013-12-31	431001367
2012 : GRASS VALLEY USA PENSION PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total transfer of assets to this plan	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$1,635,126
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$139,077
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$83,875
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$962,850
Value of total assets at end of year	2012-12-31	$8,608,977
Value of total assets at beginning of year	2012-12-31	$7,112,928
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$55,202
Total interest from all sources	2012-12-31	$476
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$101,681
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$101,681
Administrative expenses professional fees incurred	2012-12-31	$21,501
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$5,895
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$9
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$1,496,049
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$8,608,977
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$7,112,928
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$33,701
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$6,551,732
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$4,345,140
Value of interest in common/collective trusts at end of year	2012-12-31	$1,275,164
Value of interest in common/collective trusts at beginning of year	2012-12-31	$987,575
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$431,255
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$469,204
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$469,204
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$476
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$475,445
Net investment gain or loss from common/collective trusts	2012-12-31	$94,674
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$962,850
Employer contributions (assets) at end of year	2012-12-31	$344,931
Employer contributions (assets) at beginning of year	2012-12-31	$1,311,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$83,875
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	MOSS ADAMS LLP
Accountancy firm EIN	2012-12-31	910189318
2011 : GRASS VALLEY USA PENSION PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total transfer of assets to this plan	2011-12-31	$5,871,801
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$1,247,161
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$6,034
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$5,794
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,311,000
Value of total assets at end of year	2011-12-31	$7,112,928
Value of total assets at beginning of year	2011-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$240
Total interest from all sources	2011-12-31	$175
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$38,417
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$38,417
Administrative expenses professional fees incurred	2011-12-31	$240
Was this plan covered by a fidelity bond	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$9
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$1,241,127
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$7,112,928
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$4,345,140
Value of interest in common/collective trusts at end of year	2011-12-31	$987,575
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$469,204
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$175
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-131,050
Net investment gain or loss from common/collective trusts	2011-12-31	$28,619
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$1,311,000
Employer contributions (assets) at end of year	2011-12-31	$1,311,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$5,794
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$5,455,222
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$5,455,222
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	MOHLER, NIXON AND WILLIAMS
Accountancy firm EIN	2011-12-31	770106234

Form 5500 Responses for GRASS VALLEY USA PENSION PLAN

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

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Company Name:	GRASS VALLEY USA, LLC
Employer identification number (EIN):	273715541
NAIC Classification:	334310
NAIC Description:	Audio and Video Equipment Manufacturing

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	4886533