401k Plan data: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES plan

VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 401k Plan overview

Plan Name	VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES
Plan identification number	001

VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

VOITH US INC. has sponsored the creation of one or more 401k plans.

Company Name: VOITH US INC.

Employer identification number (EIN): 392042166

NAIC Classification: 314000
NAIC Description: Textile Product Mills

Additional information about VOITH US INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 3437815

More information about VOITH US INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 EILEEN GHESQUIERE 2023-10-12 ANDRE PAGANI 2023-10-12
001 2021-01-01 HEATHER RABER 2022-10-04 EILEEN GHESQUIERE 2022-10-04
001 2020-01-01 CARL GERLACH 2021-10-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	EILEEN GHESQUIERE	2023-10-12	ANDRE PAGANI	2023-10-12
001	2021-01-01	HEATHER RABER	2022-10-04	EILEEN GHESQUIERE	2022-10-04
001	2020-01-01	CARL GERLACH	2021-10-01

Plan Statistics for VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES

401k plan membership statisitcs for VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES

Measure Date Value
2022: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2022 401k membership
Total participants, beginning-of-year 2022-01-01 490
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
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 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2021 401k membership
Market value of plan assets 2021-12-31 47,828,765
Acturial value of plan assets 2021-12-31 43,082,245
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 27,521,020
Number of terminated vested participants 2021-12-31 84
Fundng target for terminated vested participants 2021-12-31 3,079,934
Active participant vested funding target 2021-12-31 3,675,727
Number of active participants 2021-12-31 66
Total funding liabilities for active participants 2021-12-31 3,736,735
Total participant count 2021-12-31 499
Total funding target for all participants 2021-12-31 34,337,689
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 3,427,934
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 3,427,934
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 4,007,598
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 12,000
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 499
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 59
Number of retired or separated participants receiving benefits 2021-01-01 276
Number of other retired or separated participants entitled to future benefits 2021-01-01 81
Total of all active and inactive participants 2021-01-01 416
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 74
Total participants 2021-01-01 490
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2020 401k membership
Market value of plan assets 2020-12-31 43,472,397
Acturial value of plan assets 2020-12-31 42,082,972
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 27,688,078
Number of terminated vested participants 2020-12-31 93
Fundng target for terminated vested participants 2020-12-31 3,063,183
Active participant vested funding target 2020-12-31 3,339,094
Number of active participants 2020-12-31 67
Total funding liabilities for active participants 2020-12-31 3,425,170
Total participant count 2020-12-31 511
Total funding target for all participants 2020-12-31 34,176,431
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 3,004,061
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 3,004,061
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 3,427,934
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 34,000
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 511
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 66
Number of retired or separated participants receiving benefits 2020-01-01 282
Number of other retired or separated participants entitled to future benefits 2020-01-01 82
Total of all active and inactive participants 2020-01-01 430
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 69
Total participants 2020-01-01 499
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0

Measure	Date	Value
2022: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2022 401k membership
Total participants, beginning-of-year	2022-01-01	490
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
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	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2021 401k membership
Market value of plan assets	2021-12-31	47,828,765
Acturial value of plan assets	2021-12-31	43,082,245
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	27,521,020
Number of terminated vested participants	2021-12-31	84
Fundng target for terminated vested participants	2021-12-31	3,079,934
Active participant vested funding target	2021-12-31	3,675,727
Number of active participants	2021-12-31	66
Total funding liabilities for active participants	2021-12-31	3,736,735
Total participant count	2021-12-31	499
Total funding target for all participants	2021-12-31	34,337,689
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	3,427,934
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	3,427,934
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	4,007,598
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	12,000
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	499
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	59
Number of retired or separated participants receiving benefits	2021-01-01	276
Number of other retired or separated participants entitled to future benefits	2021-01-01	81
Total of all active and inactive participants	2021-01-01	416
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	74
Total participants	2021-01-01	490
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2020 401k membership
Market value of plan assets	2020-12-31	43,472,397
Acturial value of plan assets	2020-12-31	42,082,972
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	27,688,078
Number of terminated vested participants	2020-12-31	93
Fundng target for terminated vested participants	2020-12-31	3,063,183
Active participant vested funding target	2020-12-31	3,339,094
Number of active participants	2020-12-31	67
Total funding liabilities for active participants	2020-12-31	3,425,170
Total participant count	2020-12-31	511
Total funding target for all participants	2020-12-31	34,176,431
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	3,004,061
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	3,004,061
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	3,427,934
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	34,000
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	511
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	66
Number of retired or separated participants receiving benefits	2020-01-01	282
Number of other retired or separated participants entitled to future benefits	2020-01-01	82
Total of all active and inactive participants	2020-01-01	430
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	69
Total participants	2020-01-01	499
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0

Financial Data on VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES

Measure	Date	Value
2022 : VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
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	$66,939
Total income from all sources (including contributions)	2022-12-31	$-4,510,969
Total loss/gain on sale of assets	2022-12-31	$-4,834,836
Total of all expenses incurred	2022-12-31	$38,507,281
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$38,315,451
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$0
Value of total assets at end of year	2022-12-31	$696,442
Value of total assets at beginning of year	2022-12-31	$43,781,631
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$191,830
Total interest from all sources	2022-12-31	$319,083
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-12-31	$0
Administrative expenses professional fees incurred	2022-12-31	$182,352
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$2,288
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$257,964
Other income not declared elsewhere	2022-12-31	$4,784
Administrative expenses (other) incurred	2022-12-31	$9,478
Liabilities. Value of operating payables at end of year	2022-12-31	$0
Liabilities. Value of operating payables at beginning of year	2022-12-31	$66,939
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	$-43,018,250
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$696,442
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$43,714,692
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
Income. Interest from US Government securities	2022-12-31	$37,877
Income. Interest from corporate debt instruments	2022-12-31	$268,183
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$694,154
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$402,209
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$402,209
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$13,023
Expenses. Payments to insurance carriers foe the provision of benefits	2022-12-31	$29,023,000
Asset value of US Government securities at end of year	2022-12-31	$0
Asset value of US Government securities at beginning of year	2022-12-31	$16,075,649
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	Yes
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$9,292,451
Asset. Corporate debt instrument debt (other) at end of year	2022-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2022-12-31	$27,045,809
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	$66,291,671
Aggregate carrying amount (costs) on sale of assets	2022-12-31	$71,126,507
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2022-12-31	231909723
2021 : VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$-1,569,234
Total unrealized appreciation/depreciation of assets	2021-12-31	$-1,569,234
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$66,939
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$-1,218,325
Total loss/gain on sale of assets	2021-12-31	$-818,340
Total of all expenses incurred	2021-12-31	$2,895,748
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,734,766
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$0
Value of total assets at end of year	2021-12-31	$43,781,631
Value of total assets at beginning of year	2021-12-31	$47,828,765
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$160,982
Total interest from all sources	2021-12-31	$1,121,139
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2021-12-31	$0
Administrative expenses professional fees incurred	2021-12-31	$94,043
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$257,964
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$273,270
Other income not declared elsewhere	2021-12-31	$48,110
Administrative expenses (other) incurred	2021-12-31	$66,939
Liabilities. Value of operating payables at end of year	2021-12-31	$66,939
Liabilities. Value of operating payables at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$-4,114,073
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$43,714,692
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$47,828,765
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Income. Interest from US Government securities	2021-12-31	$80,531
Income. Interest from corporate debt instruments	2021-12-31	$1,040,520
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$402,209
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$943,685
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$943,685
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$88
Asset value of US Government securities at end of year	2021-12-31	$16,075,649
Asset value of US Government securities at beginning of year	2021-12-31	$9,965,661
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,734,766
Asset. Corporate debt instrument debt (other) at end of year	2021-12-31	$27,045,809
Asset. Corporate debt instrument debt (other) at beginning of year	2021-12-31	$36,646,149
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$48,026,043
Aggregate carrying amount (costs) on sale of assets	2021-12-31	$48,844,383
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2021-12-31	231909723
2020 : VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$3,749,035
Total unrealized appreciation/depreciation of assets	2020-12-31	$3,749,035
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$7,125,329
Total loss/gain on sale of assets	2020-12-31	$2,307,258
Total of all expenses incurred	2020-12-31	$2,768,961
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$2,736,102
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$0
Value of total assets at end of year	2020-12-31	$47,828,765
Value of total assets at beginning of year	2020-12-31	$43,472,397
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$32,859
Total interest from all sources	2020-12-31	$1,051,469
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 year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$32,859
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$273,270
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$189,235
Other income not declared elsewhere	2020-12-31	$17,567
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$4,356,368
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$47,828,765
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$43,472,397
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Income. Interest from US Government securities	2020-12-31	$23,006
Income. Interest from corporate debt instruments	2020-12-31	$1,023,576
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$943,685
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$1,550,722
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$1,550,722
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$4,887
Asset value of US Government securities at end of year	2020-12-31	$9,965,661
Asset value of US Government securities at beginning of year	2020-12-31	$20,348,913
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$2,736,102
Asset. Corporate debt instrument debt (other) at end of year	2020-12-31	$36,646,149
Asset. Corporate debt instrument debt (other) at beginning of year	2020-12-31	$21,383,527
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$24,860,238
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$22,552,980
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2020-12-31	231909723

Form 5500 Responses for VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES

2022: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 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 – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: VOITH PAPER RETIREMENT PLAN FOR SALARIED EMPLOYEES 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VOITH US INC.
Employer identification number (EIN):	392042166
NAIC Classification:	314000
NAIC Description:	Textile Product Mills

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	3437815