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SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 401k Plan overview

Plan NameSAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN
Plan identification number 005

SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN Benefits

401k Plan TypeDefined 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.

401k Sponsoring company profile

SAFETY-KLEEN SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SAFETY-KLEEN SYSTEMS, INC.
Employer identification number (EIN):396090019
NAIC Classification:562000

Additional information about SAFETY-KLEEN SYSTEMS, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 3951041

More information about SAFETY-KLEEN SYSTEMS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052012-01-01CYNDI WILLIAMS CYNDI WILLIAMS2013-07-18
0052011-01-01TOBY TODD TOBY TODD2012-08-06
0052009-01-01TOBY TODD TOBY TODD2010-10-12

Plan Statistics for SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN

401k plan membership statisitcs for SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN

Measure Date Value
2012: SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-014,319
Total number of active participants reported on line 7a of the Form 55002012-01-013,881
Number of retired or separated participants receiving benefits2012-01-017
Number of other retired or separated participants entitled to future benefits2012-01-01920
Total of all active and inactive participants2012-01-014,808
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-014,808
Number of participants with account balances2012-01-014,321
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-01234
2011: SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-015,383
Total number of active participants reported on line 7a of the Form 55002011-01-013,851
Number of retired or separated participants receiving benefits2011-01-016
Number of other retired or separated participants entitled to future benefits2011-01-01975
Total of all active and inactive participants2011-01-014,832
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-014,832
Number of participants with account balances2011-01-014,295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-01108
2009: SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-014,465
Total number of active participants reported on line 7a of the Form 55002009-01-013,116
Number of retired or separated participants receiving benefits2009-01-0111
Number of other retired or separated participants entitled to future benefits2009-01-011,032
Total of all active and inactive participants2009-01-014,159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-014
Total participants2009-01-014,163
Number of participants with account balances2009-01-014,163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01160

Financial Data on SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN

Measure Date Value
2012 : SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$29,339
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$58,115
Total income from all sources (including contributions)2012-12-31$37,402,542
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$13,608,547
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$13,530,762
Expenses. Certain deemed distributions of participant loans2012-12-31$47,735
Value of total corrective distributions2012-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$16,303,385
Value of total assets at end of year2012-12-31$186,365,207
Value of total assets at beginning of year2012-12-31$162,599,988
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$30,050
Total interest from all sources2012-12-31$992,307
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$2,093,414
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$2,093,414
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$11,478,913
Participant contributions at end of year2012-12-31$6,218,207
Participant contributions at beginning of year2012-12-31$6,031,397
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$701,801
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$29,339
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$58,115
Other income not declared elsewhere2012-12-31$300
Administrative expenses (other) incurred2012-12-31$30,050
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$23,793,995
Value of net assets at end of year (total assets less liabilities)2012-12-31$186,335,868
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$162,541,873
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$149,225,581
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$128,207,024
Interest on participant loans2012-12-31$266,645
Interest earned on other investments2012-12-31$725,662
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$30,921,419
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$28,361,567
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$18,013,136
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$4,122,671
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$13,530,762
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MONTGOMERY COSCIA GREILICH LLP
Accountancy firm EIN2012-12-31752919818
2011 : SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$58,115
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$9,140,395
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$12,750,198
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$12,685,883
Expenses. Certain deemed distributions of participant loans2011-12-31$38,566
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$11,860,966
Value of total assets at end of year2011-12-31$162,599,988
Value of total assets at beginning of year2011-12-31$166,151,676
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$25,749
Total interest from all sources2011-12-31$1,040,941
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$1,938,089
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$1,938,089
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$9,827,683
Participant contributions at end of year2011-12-31$6,031,397
Participant contributions at beginning of year2011-12-31$6,085,369
Participant contributions at beginning of year2011-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$878,277
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$58,115
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$-16,514
Administrative expenses (other) incurred2011-12-31$25,749
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-3,609,803
Value of net assets at end of year (total assets less liabilities)2011-12-31$162,541,873
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$166,151,676
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$128,207,024
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$133,209,212
Interest on participant loans2011-12-31$283,752
Interest earned on other investments2011-12-31$757,189
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$28,361,567
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$26,857,095
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-5,683,087
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$1,155,006
Employer contributions (assets) at beginning of year2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$12,685,883
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MONTGOMERY COSCIA GREILICH LLP
Accountancy firm EIN2011-12-31752919818
2010 : SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$27,299,993
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$14,983,911
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$14,940,979
Expenses. Certain deemed distributions of participant loans2010-12-31$12,171
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$8,800,255
Value of total assets at end of year2010-12-31$166,151,676
Value of total assets at beginning of year2010-12-31$153,835,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$30,761
Total interest from all sources2010-12-31$1,110,124
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$1,868,863
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$1,868,863
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$8,350,604
Participant contributions at end of year2010-12-31$6,085,369
Participant contributions at beginning of year2010-12-31$5,823,133
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$306,903
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$449,651
Administrative expenses (other) incurred2010-12-31$30,761
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$12,316,082
Value of net assets at end of year (total assets less liabilities)2010-12-31$166,151,676
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$153,835,594
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$133,209,212
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$120,713,016
Interest on participant loans2010-12-31$320,153
Interest earned on other investments2010-12-31$789,971
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$26,857,095
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$26,915,559
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$15,520,751
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$76,983
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$14,940,979
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MONTGOMERY COSCIA GREILICH, LLP
Accountancy firm EIN2010-12-31752919818
2009 : SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN

2012: SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SAFETY-KLEEN SYSTEMS, INC. 401K SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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