401k Plan data: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES plan

EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 401k Plan overview

Plan Name	EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES
Plan identification number	200

EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

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.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
200 2013-01-01 CAROLINE HUNT
200 2012-01-01 CAROLINE HUNT
200 2011-01-01 CAROLINE HUNT

Plan id#	Filing Submission Date	Name of Administrator
200	2013-01-01	CAROLINE HUNT
200	2012-01-01	CAROLINE HUNT
200	2011-01-01	CAROLINE HUNT

Plan Statistics for EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES

401k plan membership statisitcs for EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES

Measure Date Value
2013: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2013 401k membership
Total participants, beginning-of-year 2013-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 0
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 0
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2012 401k membership
Total participants, beginning-of-year 2012-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 35
Number of retired or separated participants receiving benefits 2012-01-01 3
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 39
Number of participants with account balances 2012-01-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2011 401k membership
Total participants, beginning-of-year 2011-01-01 52
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 38
Number of retired or separated participants receiving benefits 2011-01-01 2
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 43
Number of participants with account balances 2011-01-01 40
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2013: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2013 401k membership
Total participants, beginning-of-year	2013-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	0
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	0
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2012 401k membership
Total participants, beginning-of-year	2012-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	35
Number of retired or separated participants receiving benefits	2012-01-01	3
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	39
Number of participants with account balances	2012-01-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2011 401k membership
Total participants, beginning-of-year	2011-01-01	52
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	38
Number of retired or separated participants receiving benefits	2011-01-01	2
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	43
Number of participants with account balances	2011-01-01	40
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES

Measure	Date	Value
2013 : EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2013 401k financial data
Transfers to/from the plan	2013-09-30	$-1,520,269
Total income from all sources	2013-09-30	$185,263
Expenses. Total of all expenses incurred	2013-09-30	$126,882
Benefits paid (including direct rollovers)	2013-09-30	$126,882
Total plan assets at end of year	2013-09-30	$0
Total plan assets at beginning of year	2013-09-30	$1,461,888
Value of fidelity bond covering the plan	2013-09-30	$15,000,000
Other income received	2013-09-30	$185,263
Net income (gross income less expenses)	2013-09-30	$58,381
Net plan assets at end of year (total assets less liabilities)	2013-09-30	$0
Net plan assets at beginning of year (total assets less liabilities)	2013-09-30	$1,461,888
Assets. Value of participant loans	2013-09-30	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-09-30	$0
2012 : EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2012 401k financial data
Total income from all sources	2012-12-31	$177,189
Expenses. Total of all expenses incurred	2012-12-31	$53,532
Benefits paid (including direct rollovers)	2012-12-31	$53,532
Total plan assets at end of year	2012-12-31	$1,461,888
Total plan assets at beginning of year	2012-12-31	$1,338,231
Value of fidelity bond covering the plan	2012-12-31	$15,000,000
Other income received	2012-12-31	$177,189
Net income (gross income less expenses)	2012-12-31	$123,657
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,461,888
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,338,231
Assets. Value of participant loans	2012-12-31	$48,689
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 2011 401k financial data
Total income from all sources	2011-12-31	$-30,378
Expenses. Total of all expenses incurred	2011-12-31	$14,076
Benefits paid (including direct rollovers)	2011-12-31	$14,076
Total plan assets at end of year	2011-12-31	$1,338,231
Total plan assets at beginning of year	2011-12-31	$1,382,685
Value of fidelity bond covering the plan	2011-12-31	$15,000,000
Other income received	2011-12-31	$-30,378
Net income (gross income less expenses)	2011-12-31	$-44,454
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,338,231
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,382,685
Assets. Value of participant loans	2011-12-31	$66,720
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0

Form 5500 Responses for EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES

2013: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 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	Yes
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2013-01-01	Plan is a collectively bargained plan	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 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	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: EXELIS GILFILLAN SAVINGS PLAN FOR HOURLY EMPLOYEES 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	Yes
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	EXELIS INC.
Employer identification number (EIN):	452083813
NAIC Classification:	333200

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