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Plan Name | EXELIS SALARIED RETIREMENT PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | EXELIS INC. |
Employer identification number (EIN): | 452083813 |
NAIC Classification: | 333200 |
Additional information about EXELIS INC.
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 2011-09-15 |
Company Identification Number: | F187374 |
Legal Registered Office Address: |
100 SHOCKOE SLIP 2ND FLOOR RICHMOND United States of America (USA) 23219 |
More information about EXELIS INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2014-01-01 | DAVID WATROUS | |||
001 | 2013-01-01 | WILLIAM BONK | |||
001 | 2012-01-01 | WILLIAM BONK | |||
001 | 2011-01-01 | WILLIAM BONK |
Measure | Date | Value |
---|---|---|
2014: EXELIS SALARIED RETIREMENT PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 49,024 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 7,589 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 23,695 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 13,083 |
Total of all active and inactive participants | 2014-01-01 | 44,367 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 3,647 |
Total participants | 2014-01-01 | 48,014 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 62 |
2013: EXELIS SALARIED RETIREMENT PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 53,305 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 8,622 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 23,435 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 13,472 |
Total of all active and inactive participants | 2013-01-01 | 45,529 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 3,495 |
Total participants | 2013-01-01 | 49,024 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 145 |
2012: EXELIS SALARIED RETIREMENT PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 55,767 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 9,974 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 22,453 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 17,584 |
Total of all active and inactive participants | 2012-01-01 | 50,011 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 3,280 |
Total participants | 2012-01-01 | 53,291 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 167 |
2011: EXELIS SALARIED RETIREMENT PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 56,231 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 13,065 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 21,612 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 17,985 |
Total of all active and inactive participants | 2011-01-01 | 52,662 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 3,069 |
Total participants | 2011-01-01 | 55,731 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 383 |
Measure | Date | Value |
---|---|---|
2014 : EXELIS SALARIED RETIREMENT 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 | $226,333 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $795,264 |
Total income from all sources (including contributions) | 2014-12-31 | $440,971,868 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $323,165,788 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $323,165,788 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $138,689,000 |
Value of total assets at end of year | 2014-12-31 | $4,377,784,823 |
Value of total assets at beginning of year | 2014-12-31 | $4,260,547,674 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $0 |
Total interest from all sources | 2014-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $15,000,000 |
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 |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $226,333 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $795,264 |
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 | $117,806,080 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $4,377,558,490 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,259,752,410 |
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 master investment trust accounts at end of year | 2014-12-31 | $4,314,982,823 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $4,218,476,674 |
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 | $138,689,000 |
Employer contributions (assets) at end of year | 2014-12-31 | $62,802,000 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $42,071,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $323,165,788 |
Did the plan have assets held for investment | 2014-12-31 | No |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
Accountancy firm name | 2014-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
Accountancy firm EIN | 2014-12-31 | 131578842 |
2013 : EXELIS SALARIED RETIREMENT PLAN 2013 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total transfer of assets to this plan | 2013-12-31 | $6,185,866 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $795,264 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $191,749 |
Total income from all sources (including contributions) | 2013-12-31 | $619,660,454 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $420,031,256 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $420,031,256 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $170,472,000 |
Value of total assets at end of year | 2013-12-31 | $4,260,547,674 |
Value of total assets at beginning of year | 2013-12-31 | $4,054,129,095 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $0 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
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 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $795,264 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $191,749 |
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 | $199,629,198 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $4,259,752,410 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,053,937,346 |
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 |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $4,218,476,674 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $4,010,231,095 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
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 | $170,472,000 |
Employer contributions (assets) at end of year | 2013-12-31 | $42,071,000 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $43,898,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $420,031,256 |
Did the plan have assets held for investment | 2013-12-31 | No |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
Accountancy firm name | 2013-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2013-12-31 | 133891517 |
2012 : EXELIS SALARIED RETIREMENT PLAN 2012 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $191,749 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $616,320 |
Total income from all sources (including contributions) | 2012-12-31 | $495,648,198 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $335,790,334 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $335,790,334 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $102,898,000 |
Value of total assets at end of year | 2012-12-31 | $4,054,129,095 |
Value of total assets at beginning of year | 2012-12-31 | $3,894,695,802 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
Total interest from all sources | 2012-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Liabilities. Value of operating payables at end of year | 2012-12-31 | $191,749 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $616,320 |
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 | $159,857,864 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $4,053,937,346 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,894,079,482 |
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 |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $4,010,231,095 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $3,704,695,802 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
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 | $102,898,000 |
Employer contributions (assets) at end of year | 2012-12-31 | $43,898,000 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $190,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $335,790,334 |
Did the plan have assets held for investment | 2012-12-31 | No |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
Accountancy firm name | 2012-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2012-12-31 | 133891517 |
2011 : EXELIS SALARIED RETIREMENT PLAN 2011 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $616,320 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $510,939 |
Total income from all sources (including contributions) | 2011-12-31 | $201,205,311 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $287,393,154 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $287,393,154 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $240,000,000 |
Value of total assets at end of year | 2011-12-31 | $3,894,695,802 |
Value of total assets at beginning of year | 2011-12-31 | $3,980,778,264 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $0 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $616,320 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $510,939 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-86,187,843 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $3,894,079,482 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $3,980,267,325 |
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 master investment trust accounts at end of year | 2011-12-31 | $3,704,695,802 |
Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $3,980,778,264 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
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 | $240,000,000 |
Employer contributions (assets) at end of year | 2011-12-31 | $190,000,000 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $287,393,154 |
Did the plan have assets held for investment | 2011-12-31 | No |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
Accountancy firm name | 2011-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2011-12-31 | 133891517 |
2014: EXELIS SALARIED RETIREMENT 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: EXELIS SALARIED RETIREMENT 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: EXELIS SALARIED RETIREMENT 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: EXELIS SALARIED RETIREMENT PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
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 |