401k Plan data: WEYCO GROUP, INC. 401(K) PLAN plan

WEYCO GROUP, INC. 401(K) PLAN 401k Plan overview

Plan Name	WEYCO GROUP, INC. 401(K) PLAN
Plan identification number	004

WEYCO GROUP, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WEYCO GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: WEYCO GROUP, INC.

Employer identification number (EIN): 390702200

NAIC Classification: 424300

Additional information about WEYCO GROUP, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2579038

More information about WEYCO GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEYCO GROUP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2015-01-01 JOHN WITTKOWSKE
004 2014-01-01 JOHN WITTKOWSKE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
004	2015-01-01	JOHN WITTKOWSKE
004	2014-01-01	JOHN WITTKOWSKE

Plan Statistics for WEYCO GROUP, INC. 401(K) PLAN

401k plan membership statisitcs for WEYCO GROUP, INC. 401(K) PLAN

Measure Date Value
2015: WEYCO GROUP, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 343
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 306
Number of retired or separated participants receiving benefits 2015-01-01 3
Number of other retired or separated participants entitled to future benefits 2015-01-01 55
Total of all active and inactive participants 2015-01-01 364
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 364
Number of participants with account balances 2015-01-01 359
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: WEYCO GROUP, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 337
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 298
Number of retired or separated participants receiving benefits 2014-01-01 1
Number of other retired or separated participants entitled to future benefits 2014-01-01 43
Total of all active and inactive participants 2014-01-01 342
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 1
Total participants 2014-01-01 343
Number of participants with account balances 2014-01-01 332
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1

Measure	Date	Value
2015: WEYCO GROUP, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	343
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	306
Number of retired or separated participants receiving benefits	2015-01-01	3
Number of other retired or separated participants entitled to future benefits	2015-01-01	55
Total of all active and inactive participants	2015-01-01	364
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	364
Number of participants with account balances	2015-01-01	359
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: WEYCO GROUP, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	337
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	298
Number of retired or separated participants receiving benefits	2014-01-01	1
Number of other retired or separated participants entitled to future benefits	2014-01-01	43
Total of all active and inactive participants	2014-01-01	342
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	1
Total participants	2014-01-01	343
Number of participants with account balances	2014-01-01	332
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1

Financial Data on WEYCO GROUP, INC. 401(K) PLAN

Measure	Date	Value
2015 : WEYCO GROUP, INC. 401(K) 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	$1,447
Total income from all sources (including contributions)	2015-12-31	$2,013,096
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$1,459,478
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$1,446,215
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,976,298
Value of total assets at end of year	2015-12-31	$23,393,598
Value of total assets at beginning of year	2015-12-31	$22,841,427
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$13,263
Total interest from all sources	2015-12-31	$15,436
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$248,501
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	$248,501
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	Yes
Amount of non-exempt transactions with any party-in-interest	2015-12-31	$1,669
Contributions received from participants	2015-12-31	$1,615,636
Participant contributions at end of year	2015-12-31	$429,942
Participant contributions at beginning of year	2015-12-31	$498,506
Participant contributions at end of year	2015-12-31	$2,772
Participant contributions at beginning of year	2015-12-31	$4,523
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$97,209
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$7,055
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$1,447
Other income not declared elsewhere	2015-12-31	$1,669
Administrative expenses (other) incurred	2015-12-31	$13,263
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	$553,618
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$23,393,598
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$22,839,980
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	$20,253,719
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$20,207,524
Interest on participant loans	2015-12-31	$15,436
Value of interest in common/collective trusts at end of year	2015-12-31	$2,599,687
Value of interest in common/collective trusts at beginning of year	2015-12-31	$2,122,226
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-241,640
Net investment gain or loss from common/collective trusts	2015-12-31	$12,832
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	$360,662
Employer contributions (assets) at end of year	2015-12-31	$10,269
Employer contributions (assets) at beginning of year	2015-12-31	$1,593
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$1,446,215
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	BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN	2015-12-31	390859910
2014 : WEYCO GROUP, INC. 401(K) 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	$1,447
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	$3,087,636
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$737,098
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$725,381
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,696,810
Value of total assets at end of year	2014-12-31	$22,841,427
Value of total assets at beginning of year	2014-12-31	$20,489,442
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$11,717
Total interest from all sources	2014-12-31	$16,754
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$303,744
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	$303,744
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	Yes
Amount of non-exempt transactions with any party-in-interest	2014-12-31	$1,669
Contributions received from participants	2014-12-31	$1,401,438
Participant contributions at end of year	2014-12-31	$498,506
Participant contributions at beginning of year	2014-12-31	$499,556
Participant contributions at end of year	2014-12-31	$4,523
Participant contributions at beginning of year	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$7,055
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$6,732
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$1,447
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$0
Administrative expenses (other) incurred	2014-12-31	$11,717
Total non interest bearing cash at end of year	2014-12-31	$0
Total non interest bearing cash at beginning of year	2014-12-31	$50
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	$2,350,538
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$22,839,980
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$20,489,442
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	$20,207,524
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$17,854,678
Interest on participant loans	2014-12-31	$16,754
Value of interest in common/collective trusts at end of year	2014-12-31	$2,122,226
Value of interest in common/collective trusts at beginning of year	2014-12-31	$2,123,518
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$1,029,004
Net investment gain or loss from common/collective trusts	2014-12-31	$41,324
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	$295,372
Employer contributions (assets) at end of year	2014-12-31	$1,593
Employer contributions (assets) at beginning of year	2014-12-31	$4,908
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$725,381
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	BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN	2014-12-31	390859910

Form 5500 Responses for WEYCO GROUP, INC. 401(K) PLAN

2015: WEYCO GROUP, INC. 401(K) 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	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: WEYCO GROUP, INC. 401(K) 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	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	WEYCO GROUP, INC.
Employer identification number (EIN):	390702200
NAIC Classification:	424300

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2579038