VERITIV CORPORATION has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022: VERITIV HOURLY PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-11-30 | 11,667,023 |
| Acturial value of plan assets | 2022-11-30 | 11,667,023 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-11-30 | 0 |
| Number of terminated vested participants | 2022-11-30 | 0 |
| Fundng target for terminated vested participants | 2022-11-30 | 0 |
| Active participant vested funding target | 2022-11-30 | 7,002,522 |
| Number of active participants | 2022-11-30 | 202 |
| Total funding liabilities for active participants | 2022-11-30 | 7,935,613 |
| Total participant count | 2022-11-30 | 202 |
| Total funding target for all participants | 2022-11-30 | 7,935,613 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-11-30 | 647,573 |
| Prefunding balanced used to offset prior years funding requirement | 2022-11-30 | 0 |
| Amount remaining of carryover balance | 2022-11-30 | 0 |
| Amount remaining of prefunding balance | 2022-11-30 | 647,573 |
| Present value of excess contributions | 2022-11-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-11-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-11-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-11-30 | 0 |
| Balance of carryovers at beginning of current year | 2022-11-30 | 0 |
| Balance of prefunding at beginning of current year | 2022-11-30 | 647,573 |
| Total employer contributions | 2022-11-30 | 0 |
| Total employee contributions | 2022-11-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-11-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-11-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-11-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-11-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-11-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-11-30 | 0 |
| Minimum required contributions for current year target normal cost | 2022-11-30 | 794,086 |
| Net shortfall amortization installment of oustanding balance | 2022-11-30 | 0 |
| Waiver amortization installment | 2022-11-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-11-30 | 0 |
| Additional cash requirement | 2022-11-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-11-30 | 0 |
| Unpaid minimum required contributions for current year | 2022-11-30 | 0 |
| Unpaid minimum required contributions for all years | 2022-11-30 | 0 |
| 2021: VERITIV HOURLY PENSION PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-12-01 | 202 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-12-01 | 169 |
| Number of retired or separated participants receiving benefits | 2021-12-01 | 26 |
| Number of other retired or separated participants entitled to future benefits | 2021-12-01 | 34 |
| Total of all active and inactive participants | 2021-12-01 | 229 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-12-01 | 2 |
| Total participants | 2021-12-01 | 231 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-12-01 | 5 |
| Measure | Date | Value |
|---|
| 2022 : VERITIV HOURLY PENSION PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-11-30 | $0 |
| Total transfer of assets to this plan | 2022-11-30 | $11,440,596 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-11-30 | $21,000 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-11-30 | $0 |
| Total income from all sources (including contributions) | 2022-11-30 | $-1,377,289 |
| Total loss/gain on sale of assets | 2022-11-30 | $0 |
| Total of all expenses incurred | 2022-11-30 | $247,291 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-11-30 | $80,562 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-11-30 | $0 |
| Value of total assets at end of year | 2022-11-30 | $9,837,016 |
| Value of total assets at beginning of year | 2022-11-30 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-11-30 | $166,729 |
| Total interest from all sources | 2022-11-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-11-30 | $106,581 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-11-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-11-30 | $106,581 |
| Administrative expenses professional fees incurred | 2022-11-30 | $115,689 |
| Was this plan covered by a fidelity bond | 2022-11-30 | Yes |
| Value of fidelity bond cover | 2022-11-30 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-11-30 | No |
| Administrative expenses (other) incurred | 2022-11-30 | $51,040 |
| Liabilities. Value of operating payables at end of year | 2022-11-30 | $21,000 |
| Liabilities. Value of operating payables at beginning of year | 2022-11-30 | $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 | 2022-11-30 | No |
| Value of net income/loss | 2022-11-30 | $-1,624,580 |
| Value of net assets at end of year (total assets less liabilities) | 2022-11-30 | $9,816,016 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-11-30 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-11-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-11-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-11-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-11-30 | $9,823,211 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-11-30 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-11-30 | $13,805 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-11-30 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-11-30 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-11-30 | $-1,483,870 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-11-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-11-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-11-30 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-11-30 | $80,562 |
| Did the plan have assets held for investment | 2022-11-30 | 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 | 2022-11-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-11-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-11-30 | Unqualified |
| Accountancy firm name | 2022-11-30 | BENNETT THRASHER PC |
| Accountancy firm EIN | 2022-11-30 | 581673613 |
