VALMET, INC. has sponsored the creation of one or more 401k plans.
Additional information about VALMET, INC.
Submission information for form 5500 for 401k plan VALMET INC, DEFINED BENEFIT PLAN
Measure | Date | Value |
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2022: VALMET INC, DEFINED BENEFIT PLAN 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 165,764,941 |
Acturial value of plan assets | 2022-12-31 | 158,114,970 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 75,139,209 |
Number of terminated vested participants | 2022-12-31 | 371 |
Fundng target for terminated vested participants | 2022-12-31 | 21,915,759 |
Active participant vested funding target | 2022-12-31 | 26,169,180 |
Number of active participants | 2022-12-31 | 91 |
Total funding liabilities for active participants | 2022-12-31 | 26,325,776 |
Total participant count | 2022-12-31 | 1,196 |
Total funding target for all participants | 2022-12-31 | 123,380,744 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 0 |
Present value of excess contributions | 2022-12-31 | 4,770,979 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 5,036,245 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
Total employer contributions | 2022-12-31 | 4,930,704 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 4,628,607 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 1,652,008 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 4,628,607 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 1,171 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 88 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 568 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 331 |
Total of all active and inactive participants | 2022-01-01 | 987 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 123 |
Total participants | 2022-01-01 | 1,110 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: VALMET INC, DEFINED BENEFIT PLAN 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 154,129,362 |
Acturial value of plan assets | 2021-12-31 | 138,716,426 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 67,555,658 |
Number of terminated vested participants | 2021-12-31 | 408 |
Fundng target for terminated vested participants | 2021-12-31 | 23,826,725 |
Active participant vested funding target | 2021-12-31 | 27,352,615 |
Number of active participants | 2021-12-31 | 105 |
Total funding liabilities for active participants | 2021-12-31 | 27,543,995 |
Total participant count | 2021-12-31 | 1,215 |
Total funding target for all participants | 2021-12-31 | 118,926,378 |
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 | 0 |
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 | 0 |
Present value of excess contributions | 2021-12-31 | 4,777,538 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 5,033,614 |
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 | 0 |
Total employer contributions | 2021-12-31 | 5,098,000 |
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 | 4,770,975 |
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 | 1,885,264 |
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 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 4,770,975 |
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 | 1,190 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 91 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 591 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 355 |
Total of all active and inactive participants | 2021-01-01 | 1,037 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 134 |
Total participants | 2021-01-01 | 1,171 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: VALMET INC, DEFINED BENEFIT PLAN 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 132,960,024 |
Acturial value of plan assets | 2020-12-31 | 126,245,804 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 64,616,580 |
Number of terminated vested participants | 2020-12-31 | 432 |
Fundng target for terminated vested participants | 2020-12-31 | 25,928,609 |
Active participant vested funding target | 2020-12-31 | 28,216,725 |
Number of active participants | 2020-12-31 | 115 |
Total funding liabilities for active participants | 2020-12-31 | 28,468,585 |
Total participant count | 2020-12-31 | 1,231 |
Total funding target for all participants | 2020-12-31 | 119,013,774 |
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 | 0 |
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 | 0 |
Present value of excess contributions | 2020-12-31 | 4,926,080 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 5,198,000 |
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 | 0 |
Total employer contributions | 2020-12-31 | 5,095,466 |
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 | 4,777,538 |
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 | 1,966,212 |
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 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 4,777,538 |
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 | 1,206 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 105 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 570 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 388 |
Total of all active and inactive participants | 2020-01-01 | 1,063 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 127 |
Total participants | 2020-01-01 | 1,190 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: VALMET INC, DEFINED BENEFIT PLAN 2019 401k membership |
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Market value of plan assets | 2019-12-31 | 109,115,878 |
Acturial value of plan assets | 2019-12-31 | 116,785,677 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 60,640,405 |
Number of terminated vested participants | 2019-12-31 | 439 |
Fundng target for terminated vested participants | 2019-12-31 | 25,915,067 |
Active participant vested funding target | 2019-12-31 | 27,441,765 |
Number of active participants | 2019-12-31 | 124 |
Total funding liabilities for active participants | 2019-12-31 | 27,714,966 |
Total participant count | 2019-12-31 | 1,215 |
Total funding target for all participants | 2019-12-31 | 114,270,438 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 0 |
Present value of excess contributions | 2019-12-31 | 3,649,870 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 3,857,548 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
Total employer contributions | 2019-12-31 | 5,255,136 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 4,926,080 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 2,137,075 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 4,926,080 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 1,215 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 115 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 553 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 409 |
Total of all active and inactive participants | 2019-01-01 | 1,077 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 129 |
Total participants | 2019-01-01 | 1,206 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: VALMET INC, DEFINED BENEFIT PLAN 2018 401k membership |
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Market value of plan assets | 2018-12-31 | 119,505,273 |
Acturial value of plan assets | 2018-12-31 | 113,125,910 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 55,222,590 |
Number of terminated vested participants | 2018-12-31 | 474 |
Fundng target for terminated vested participants | 2018-12-31 | 25,346,790 |
Active participant vested funding target | 2018-12-31 | 26,151,025 |
Number of active participants | 2018-12-31 | 131 |
Total funding liabilities for active participants | 2018-12-31 | 26,459,822 |
Total participant count | 2018-12-31 | 1,253 |
Total funding target for all participants | 2018-12-31 | 107,029,202 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 0 |
Present value of excess contributions | 2018-12-31 | 6,610,430 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 7,000,445 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 0 |
Total employer contributions | 2018-12-31 | 3,930,000 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 3,649,870 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 1,893,532 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 3,649,870 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 1,235 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 124 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 542 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 427 |
Total of all active and inactive participants | 2018-01-01 | 1,093 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 122 |
Total participants | 2018-01-01 | 1,215 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: VALMET INC, DEFINED BENEFIT PLAN 2017 401k membership |
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Market value of plan assets | 2017-12-31 | 102,340,256 |
Acturial value of plan assets | 2017-12-31 | 104,677,056 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 51,796,170 |
Number of terminated vested participants | 2017-12-31 | 489 |
Fundng target for terminated vested participants | 2017-12-31 | 24,509,192 |
Active participant vested funding target | 2017-12-31 | 25,209,617 |
Number of active participants | 2017-12-31 | 157 |
Total funding liabilities for active participants | 2017-12-31 | 25,297,609 |
Total participant count | 2017-12-31 | 1,264 |
Total funding target for all participants | 2017-12-31 | 101,602,971 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Amount remaining of carryover balance | 2017-12-31 | 0 |
Amount remaining of prefunding balance | 2017-12-31 | 0 |
Present value of excess contributions | 2017-12-31 | 2,595,049 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 2,753,347 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
Balance of prefunding at beginning of current year | 2017-12-31 | 0 |
Total employer contributions | 2017-12-31 | 7,077,400 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 6,610,430 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 1,705,318 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 6,610,430 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 1,249 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 131 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 538 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 452 |
Total of all active and inactive participants | 2017-01-01 | 1,121 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 114 |
Total participants | 2017-01-01 | 1,235 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: VALMET INC, DEFINED BENEFIT PLAN 2016 401k membership |
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Market value of plan assets | 2016-12-31 | 97,957,396 |
Acturial value of plan assets | 2016-12-31 | 103,864,742 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 49,884,775 |
Number of terminated vested participants | 2016-12-31 | 512 |
Fundng target for terminated vested participants | 2016-12-31 | 23,490,193 |
Active participant vested funding target | 2016-12-31 | 23,519,942 |
Number of active participants | 2016-12-31 | 168 |
Total funding liabilities for active participants | 2016-12-31 | 23,612,067 |
Total participant count | 2016-12-31 | 1,274 |
Total funding target for all participants | 2016-12-31 | 96,987,035 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
Amount remaining of carryover balance | 2016-12-31 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 0 |
Present value of excess contributions | 2016-12-31 | 2,313,597 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 2,459,122 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 0 |
Total employer contributions | 2016-12-31 | 2,800,000 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 2,595,049 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 1,828,742 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 2,595,049 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 1,261 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 157 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 517 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 467 |
Total of all active and inactive participants | 2016-01-01 | 1,141 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 108 |
Total participants | 2016-01-01 | 1,249 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: VALMET INC, DEFINED BENEFIT PLAN 2015 401k membership |
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Total participants, beginning-of-year | 2015-01-01 | 1,279 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 168 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 501 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 492 |
Total of all active and inactive participants | 2015-01-01 | 1,161 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 100 |
Total participants | 2015-01-01 | 1,261 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: VALMET INC, DEFINED BENEFIT PLAN 2014 401k membership |
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Total participants, beginning-of-year | 2014-01-01 | 1,289 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 184 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 497 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 505 |
Total of all active and inactive participants | 2014-01-01 | 1,186 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 93 |
Total participants | 2014-01-01 | 1,279 |
Number of participants with account balances | 2014-01-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
2013: VALMET INC, DEFINED BENEFIT PLAN 2013 401k membership |
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Total participants, beginning-of-year | 2013-01-01 | 1,296 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 200 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 473 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 527 |
Total of all active and inactive participants | 2013-01-01 | 1,200 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 89 |
Total participants | 2013-01-01 | 1,289 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 0 |
2012: VALMET INC, DEFINED BENEFIT PLAN 2012 401k membership |
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Total participants, beginning-of-year | 2012-01-01 | 1,305 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 216 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 448 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 540 |
Total of all active and inactive participants | 2012-01-01 | 1,204 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 92 |
Total participants | 2012-01-01 | 1,296 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 0 |
2011: VALMET INC, DEFINED BENEFIT PLAN 2011 401k membership |
---|
Total participants, beginning-of-year | 2011-01-01 | 1,308 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 220 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 440 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 557 |
Total of all active and inactive participants | 2011-01-01 | 1,217 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 88 |
Total participants | 2011-01-01 | 1,305 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
2010: VALMET INC, DEFINED BENEFIT PLAN 2010 401k membership |
---|
Total participants, beginning-of-year | 2010-01-01 | 1,318 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 223 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 425 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 577 |
Total of all active and inactive participants | 2010-01-01 | 1,225 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 83 |
Total participants | 2010-01-01 | 1,308 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
2009: VALMET INC, DEFINED BENEFIT PLAN 2009 401k membership |
---|
Total participants, beginning-of-year | 2009-01-01 | 1,326 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 234 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 406 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 594 |
Total of all active and inactive participants | 2009-01-01 | 1,234 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 84 |
Total participants | 2009-01-01 | 1,318 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
Measure | Date | Value |
---|
2022 : VALMET INC, DEFINED BENEFIT PLAN 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 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-30,963,542 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $7,144,064 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $7,010,666 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,930,704 |
Value of total assets at end of year | 2022-12-31 | $127,746,239 |
Value of total assets at beginning of year | 2022-12-31 | $165,853,845 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $133,398 |
Total interest from all sources | 2022-12-31 | $28,318 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $804,334 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $804,334 |
Administrative expenses professional fees incurred | 2022-12-31 | $127,338 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
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 | $6,414 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $16 |
Other income not declared elsewhere | 2022-12-31 | $-2,067,853 |
Administrative expenses (other) incurred | 2022-12-31 | $6,060 |
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 | $-38,107,606 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $127,746,239 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $165,853,845 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $42,940,498 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $57,724,653 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $272,048 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $78,225,660 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $102,156,216 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,157,963 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $2,054,830 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $2,054,830 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $28,318 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $46,082 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-13,138,489 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-21,520,556 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
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 |
Contributions received in cash from employer | 2022-12-31 | $4,930,704 |
Employer contributions (assets) at end of year | 2022-12-31 | $3,415,704 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $3,600,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $7,010,666 |
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 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | JMM CPA |
Accountancy firm EIN | 2022-12-31 | 472940358 |
2021 : VALMET INC, DEFINED BENEFIT PLAN 2021 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Expenses. Interest paid | 2021-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $18,349,515 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $6,714,809 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $6,569,574 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of total corrective distributions | 2021-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $5,098,000 |
Value of total assets at end of year | 2021-12-31 | $165,853,845 |
Value of total assets at beginning of year | 2021-12-31 | $154,219,139 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $145,235 |
Total income from rents | 2021-12-31 | $0 |
Total interest from all sources | 2021-12-31 | $295 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $897,868 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $897,868 |
Administrative expenses professional fees incurred | 2021-12-31 | $139,917 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
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 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $16 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $20 |
Administrative expenses (other) incurred | 2021-12-31 | $5,318 |
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 | $11,634,706 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $165,853,845 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $154,219,139 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $57,724,653 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $60,292,136 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $272,048 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $45,267 |
Interest on participant loans | 2021-12-31 | $0 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
Interest earned on other investments | 2021-12-31 | $0 |
Income. Interest from US Government securities | 2021-12-31 | $0 |
Income. Interest from corporate debt instruments | 2021-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $102,156,216 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $87,537,543 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $2,054,830 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $2,411,865 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $2,411,865 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $295 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $46,082 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $36,842 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $5,004,679 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $7,348,673 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
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 |
Contributions received in cash from employer | 2021-12-31 | $5,098,000 |
Employer contributions (assets) at end of year | 2021-12-31 | $3,600,000 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $3,895,466 |
Income. Dividends from preferred stock | 2021-12-31 | $0 |
Income. Dividends from common stock | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $6,569,574 |
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 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | JMM CPA |
Accountancy firm EIN | 2021-12-31 | 472940358 |
2020 : VALMET INC, DEFINED BENEFIT PLAN 2020 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
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 |
Expenses. Interest paid | 2020-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $27,484,991 |
Total loss/gain on sale of assets | 2020-12-31 | $119 |
Total of all expenses incurred | 2020-12-31 | $6,314,407 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $6,191,119 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of total corrective distributions | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $5,095,466 |
Value of total assets at end of year | 2020-12-31 | $154,219,139 |
Value of total assets at beginning of year | 2020-12-31 | $133,048,555 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $123,288 |
Total income from rents | 2020-12-31 | $0 |
Total interest from all sources | 2020-12-31 | $1,994 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $837,992 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $837,992 |
Administrative expenses professional fees incurred | 2020-12-31 | $116,151 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
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 |
Contributions received from participants | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $20 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $758 |
Other income not declared elsewhere | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $4,629 |
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 |
Income. Non cash contributions | 2020-12-31 | $0 |
Value of net income/loss | 2020-12-31 | $21,170,584 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $154,219,139 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $133,048,555 |
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 |
Investment advisory and management fees | 2020-12-31 | $2,508 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $60,292,136 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $51,391,678 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $45,267 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $375,746 |
Interest on participant loans | 2020-12-31 | $0 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $0 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $87,537,543 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $75,419,721 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $2,411,865 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $2,175,638 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $2,175,638 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $1,994 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $36,842 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $38,878 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $7,345,163 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $0 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $14,204,257 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
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 |
Contributions received in cash from employer | 2020-12-31 | $5,095,466 |
Employer contributions (assets) at end of year | 2020-12-31 | $3,895,466 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $3,646,136 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $6,191,119 |
Contract administrator fees | 2020-12-31 | $0 |
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 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $-119 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | JMM CPA |
Accountancy firm EIN | 2020-12-31 | 472940358 |
2019 : VALMET INC, DEFINED BENEFIT PLAN 2019 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $29,738,596 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $5,925,708 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $5,812,708 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $5,255,136 |
Value of total assets at end of year | 2019-12-31 | $133,048,555 |
Value of total assets at beginning of year | 2019-12-31 | $109,235,667 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $113,000 |
Total interest from all sources | 2019-12-31 | $21,931 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,203,531 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $1,203,531 |
Administrative expenses professional fees incurred | 2019-12-31 | $105,988 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $758 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $2,012 |
Administrative expenses (other) incurred | 2019-12-31 | $4,351 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $23,812,888 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $133,048,555 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $109,235,667 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $2,661 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $51,391,678 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $42,656,756 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $375,746 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $3,549 |
Interest earned on other investments | 2019-12-31 | $267 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $75,419,721 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $60,235,554 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,175,638 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $2,395,281 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $2,395,281 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $21,664 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $38,878 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $12,515 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $8,505,831 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $14,752,167 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $5,255,136 |
Employer contributions (assets) at end of year | 2019-12-31 | $3,646,136 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $3,930,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $5,812,708 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | JMM CPA |
Accountancy firm EIN | 2019-12-31 | 472940358 |
2018 : VALMET INC, DEFINED BENEFIT PLAN 2018 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $-4,829,950 |
Total loss/gain on sale of assets | 2018-12-31 | $-2,864,290 |
Total of all expenses incurred | 2018-12-31 | $5,576,791 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $5,467,041 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $3,930,000 |
Value of total assets at end of year | 2018-12-31 | $109,235,667 |
Value of total assets at beginning of year | 2018-12-31 | $119,642,408 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $109,750 |
Total interest from all sources | 2018-12-31 | $1,442,440 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,244,836 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $1,244,836 |
Administrative expenses professional fees incurred | 2018-12-31 | $103,296 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $2,012 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $346,882 |
Administrative expenses (other) incurred | 2018-12-31 | $3,835 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $36,481 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-10,406,741 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $109,235,667 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $119,642,408 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $2,619 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $42,656,756 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $52,076,774 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $3,549 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $327,839 |
Interest earned on other investments | 2018-12-31 | $235 |
Income. Interest from US Government securities | 2018-12-31 | $843,740 |
Income. Interest from corporate debt instruments | 2018-12-31 | $569,543 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $60,235,554 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $22,123,700 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $2,395,281 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $3,116,799 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $3,116,799 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $28,922 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $12,515 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $42,819 |
Asset value of US Government securities at end of year | 2018-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2018-12-31 | $17,218,063 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-7,746,790 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-836,146 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $3,930,000 |
Employer contributions (assets) at end of year | 2018-12-31 | $3,930,000 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $4,400,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $5,467,041 |
Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $19,953,051 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $-2,864,290 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | JMM CPA |
Accountancy firm EIN | 2018-12-31 | 472940358 |
2017 : VALMET INC, DEFINED BENEFIT PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,637,360 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,637,360 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $22,734,292 |
Total loss/gain on sale of assets | 2017-12-31 | $50,022 |
Total of all expenses incurred | 2017-12-31 | $5,327,688 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $5,204,453 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $7,077,400 |
Value of total assets at end of year | 2017-12-31 | $119,642,408 |
Value of total assets at beginning of year | 2017-12-31 | $102,235,804 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $123,235 |
Total interest from all sources | 2017-12-31 | $1,111,158 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,237,304 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,237,304 |
Administrative expenses professional fees incurred | 2017-12-31 | $120,524 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $346,882 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $311,511 |
Other income not declared elsewhere | 2017-12-31 | $65 |
Total non interest bearing cash at end of year | 2017-12-31 | $36,481 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $17,562 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $17,406,604 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $119,642,408 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $102,235,804 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $2,711 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $52,076,774 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $45,556,564 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $327,839 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $14,276 |
Interest earned on other investments | 2017-12-31 | $89 |
Income. Interest from US Government securities | 2017-12-31 | $348,817 |
Income. Interest from corporate debt instruments | 2017-12-31 | $747,900 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $22,123,700 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $19,425,371 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $3,116,799 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $3,056,699 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $3,056,699 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $14,352 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $42,819 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $41,101 |
Asset value of US Government securities at end of year | 2017-12-31 | $17,218,063 |
Asset value of US Government securities at beginning of year | 2017-12-31 | $14,653,062 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $7,582,654 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $4,038,329 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $7,077,400 |
Employer contributions (assets) at end of year | 2017-12-31 | $4,400,000 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $2,800,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $5,204,453 |
Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $19,953,051 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $16,359,658 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $12,443,636 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $12,393,614 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | JMM CPA |
Accountancy firm EIN | 2017-12-31 | 472940358 |
2016 : VALMET INC, DEFINED BENEFIT PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $-348,425 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $-348,425 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $10,002,873 |
Total loss/gain on sale of assets | 2016-12-31 | $233,084 |
Total of all expenses incurred | 2016-12-31 | $5,807,354 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $4,996,107 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,800,000 |
Value of total assets at end of year | 2016-12-31 | $102,235,804 |
Value of total assets at beginning of year | 2016-12-31 | $98,040,285 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $811,247 |
Total interest from all sources | 2016-12-31 | $953,083 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,196,305 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,196,305 |
Administrative expenses professional fees incurred | 2016-12-31 | $114,501 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $311,511 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $298,976 |
Other income not declared elsewhere | 2016-12-31 | $3,384 |
Administrative expenses (other) incurred | 2016-12-31 | $693,934 |
Total non interest bearing cash at end of year | 2016-12-31 | $17,562 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $112,991 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $4,195,519 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $102,235,804 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $98,040,285 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $2,812 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $45,556,564 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $57,211,115 |
Interest earned on other investments | 2016-12-31 | $700 |
Income. Interest from US Government securities | 2016-12-31 | $293,368 |
Income. Interest from corporate debt instruments | 2016-12-31 | $644,691 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $19,425,371 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $4,750,820 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $3,056,699 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $6,367,707 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $6,367,707 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $14,324 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $55,377 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $18,559 |
Asset value of US Government securities at end of year | 2016-12-31 | $14,653,062 |
Asset value of US Government securities at beginning of year | 2016-12-31 | $11,937,479 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $4,140,891 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $1,024,551 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $2,800,000 |
Employer contributions (assets) at end of year | 2016-12-31 | $2,800,000 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $2,303,251 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $4,996,107 |
Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $16,359,658 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $15,039,387 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $7,385,171 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $7,152,087 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | JMM CPA |
Accountancy firm EIN | 2016-12-31 | 472940358 |
2015 : VALMET INC, DEFINED BENEFIT PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-1,150,271 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-1,150,271 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $6,578 |
Total loss/gain on sale of assets | 2015-12-31 | $4,010 |
Total of all expenses incurred | 2015-12-31 | $4,953,065 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $4,838,726 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $2,516,301 |
Value of total assets at end of year | 2015-12-31 | $98,040,285 |
Value of total assets at beginning of year | 2015-12-31 | $102,986,772 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $114,339 |
Total interest from all sources | 2015-12-31 | $889,294 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $1,581,928 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,581,928 |
Administrative expenses professional fees incurred | 2015-12-31 | $111,621 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $298,976 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $292,466 |
Other income not declared elsewhere | 2015-12-31 | $4,482 |
Total non interest bearing cash at end of year | 2015-12-31 | $112,991 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $18,086 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-4,946,487 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $98,040,285 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $102,986,772 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $2,718 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $57,211,115 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $59,827,392 |
Interest earned on other investments | 2015-12-31 | $76 |
Income. Interest from US Government securities | 2015-12-31 | $254,589 |
Income. Interest from corporate debt instruments | 2015-12-31 | $630,900 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $4,750,820 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $4,683,723 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $6,367,707 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $5,175,846 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $5,175,846 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $3,729 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $18,559 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $52,382 |
Asset value of US Government securities at end of year | 2015-12-31 | $11,937,479 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $12,094,783 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-3,906,263 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $67,097 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $2,516,301 |
Employer contributions (assets) at end of year | 2015-12-31 | $2,303,251 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $5,500,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $4,838,726 |
Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $15,039,387 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $15,342,094 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Aggregate proceeds on sale of assets | 2015-12-31 | $1,184,127 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $1,180,117 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | SCHENCK SC |
Accountancy firm EIN | 2015-12-31 | 391173131 |
2014 : VALMET INC, DEFINED BENEFIT PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $3,377,059 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $3,377,059 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $14,799,833 |
Total loss/gain on sale of assets | 2014-12-31 | $118,065 |
Total of all expenses incurred | 2014-12-31 | $4,724,869 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $4,517,538 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $7,886,201 |
Value of total assets at end of year | 2014-12-31 | $102,986,772 |
Value of total assets at beginning of year | 2014-12-31 | $92,911,808 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $207,331 |
Total interest from all sources | 2014-12-31 | $848,914 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $1,281,845 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,281,845 |
Administrative expenses professional fees incurred | 2014-12-31 | $50,927 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $292,466 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $275,464 |
Other income not declared elsewhere | 2014-12-31 | $6,094 |
Administrative expenses (other) incurred | 2014-12-31 | $4,649 |
Total non interest bearing cash at end of year | 2014-12-31 | $18,086 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $18,094 |
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 | $10,074,964 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $102,986,772 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $92,911,808 |
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 |
Investment advisory and management fees | 2014-12-31 | $48,982 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $59,827,392 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $56,906,467 |
Interest earned on other investments | 2014-12-31 | $160 |
Income. Interest from US Government securities | 2014-12-31 | $220,798 |
Income. Interest from corporate debt instruments | 2014-12-31 | $627,669 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $4,683,723 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $6,441,725 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $5,175,846 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $1,340,689 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $1,340,689 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $287 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $52,382 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $57,149 |
Asset value of US Government securities at end of year | 2014-12-31 | $12,094,783 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $8,686,656 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $669,657 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $611,998 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
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 | $7,886,201 |
Employer contributions (assets) at end of year | 2014-12-31 | $5,500,000 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $5,394,233 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $4,517,538 |
Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $15,342,094 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $13,791,331 |
Contract administrator fees | 2014-12-31 | $102,773 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 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 |
Aggregate proceeds on sale of assets | 2014-12-31 | $3,379,547 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $3,261,482 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | SCHENCK SC |
Accountancy firm EIN | 2014-12-31 | 391173131 |
2013 : VALMET INC, DEFINED BENEFIT PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $-2,341,149 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $-2,341,149 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $15,731,991 |
Total loss/gain on sale of assets | 2013-12-31 | $-8,066 |
Total of all expenses incurred | 2013-12-31 | $4,375,175 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $4,122,004 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $7,685,028 |
Value of total assets at end of year | 2013-12-31 | $92,911,808 |
Value of total assets at beginning of year | 2013-12-31 | $81,554,992 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $253,171 |
Total interest from all sources | 2013-12-31 | $636,416 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $999,367 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $999,367 |
Administrative expenses professional fees incurred | 2013-12-31 | $54,551 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $3,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $275,464 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $94,911 |
Other income not declared elsewhere | 2013-12-31 | $58,575 |
Administrative expenses (other) incurred | 2013-12-31 | $5,571 |
Total non interest bearing cash at end of year | 2013-12-31 | $18,094 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $27,666 |
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 | $11,356,816 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $92,911,808 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $81,554,992 |
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 |
Investment advisory and management fees | 2013-12-31 | $98,003 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $56,906,467 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $61,760,456 |
Interest earned on other investments | 2013-12-31 | $16 |
Income. Interest from US Government securities | 2013-12-31 | $157,123 |
Income. Interest from corporate debt instruments | 2013-12-31 | $478,844 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $6,441,725 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $6,934,618 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $1,340,689 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $920,248 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $920,248 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $433 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $57,149 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $61,444 |
Asset value of US Government securities at end of year | 2013-12-31 | $8,686,656 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $3,569,971 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $7,524,010 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $109 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $1,177,701 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
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 | $7,685,028 |
Employer contributions (assets) at end of year | 2013-12-31 | $5,394,233 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $2,235,253 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $4,122,004 |
Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $13,791,331 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $5,950,425 |
Contract administrator fees | 2013-12-31 | $95,046 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 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 |
Aggregate proceeds on sale of assets | 2013-12-31 | $15,793,601 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $15,801,667 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | SCHENCK SC |
Accountancy firm EIN | 2013-12-31 | 391173131 |
2012 : VALMET INC, DEFINED BENEFIT PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $-128,746 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $-128,746 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $15,321,644 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $4,186,952 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $3,984,379 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $5,634,890 |
Value of total assets at end of year | 2012-12-31 | $81,554,992 |
Value of total assets at beginning of year | 2012-12-31 | $70,420,300 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $202,573 |
Total interest from all sources | 2012-12-31 | $76,156 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $1,582,593 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $1,582,593 |
Administrative expenses professional fees incurred | 2012-12-31 | $160,249 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $3,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $94,911 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $0 |
Other income not declared elsewhere | 2012-12-31 | $25,313 |
Administrative expenses (other) incurred | 2012-12-31 | $3,202 |
Total non interest bearing cash at end of year | 2012-12-31 | $27,666 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $31,088 |
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 | $11,134,692 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $81,554,992 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $70,420,300 |
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 |
Investment advisory and management fees | 2012-12-31 | $39,122 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $61,760,456 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $60,136,952 |
Interest earned on other investments | 2012-12-31 | $24 |
Income. Interest from US Government securities | 2012-12-31 | $16,295 |
Income. Interest from corporate debt instruments | 2012-12-31 | $59,085 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $6,934,618 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $6,171,982 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $920,248 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $2,213,860 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $2,213,860 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $752 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $61,444 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $64,985 |
Asset value of US Government securities at end of year | 2012-12-31 | $3,569,971 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $491,433 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $7,168,802 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $962,636 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
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 | $5,634,890 |
Employer contributions (assets) at end of year | 2012-12-31 | $2,235,253 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $1,310,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $3,984,379 |
Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $5,950,425 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $0 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | SCHENCK SC |
Accountancy firm EIN | 2012-12-31 | 391173131 |
2011 : VALMET INC, DEFINED BENEFIT 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 | $0 |
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 | $2,398,305 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $4,082,010 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $3,932,512 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $2,301,776 |
Value of total assets at end of year | 2011-12-31 | $70,420,300 |
Value of total assets at beginning of year | 2011-12-31 | $72,104,005 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $149,498 |
Total interest from all sources | 2011-12-31 | $416 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $2,739,061 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $2,739,061 |
Administrative expenses professional fees incurred | 2011-12-31 | $149,498 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $3,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $157 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $0 |
Other income not declared elsewhere | 2011-12-31 | $8,689 |
Total non interest bearing cash at end of year | 2011-12-31 | $31,088 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $3,550 |
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 | $-1,683,705 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $70,420,300 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $72,104,005 |
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 registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $60,136,952 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $63,943,180 |
Interest earned on other investments | 2011-12-31 | $24 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $6,171,982 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $6,369,656 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $2,213,860 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $773,431 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $773,431 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $392 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $64,985 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $30,286 |
Asset value of US Government securities at end of year | 2011-12-31 | $491,433 |
Asset value of US Government securities at beginning of year | 2011-12-31 | $685,635 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-2,795,058 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $1,095 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $142,326 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
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 | $2,301,776 |
Employer contributions (assets) at end of year | 2011-12-31 | $1,310,000 |
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 | $3,932,512 |
Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $298,110 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | SCHENCK SC |
Accountancy firm EIN | 2011-12-31 | 391173131 |
2010 : VALMET INC, DEFINED BENEFIT PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $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 | $77,924 |
Total income from all sources (including contributions) | 2010-12-31 | $13,407,256 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $4,109,342 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $3,897,602 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $5,000,000 |
Value of total assets at end of year | 2010-12-31 | $72,104,005 |
Value of total assets at beginning of year | 2010-12-31 | $62,884,015 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $211,740 |
Total interest from all sources | 2010-12-31 | $2,878 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $1,654,698 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $1,654,698 |
Administrative expenses professional fees incurred | 2010-12-31 | $114,942 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $3,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $157 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $5 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $77,924 |
Other income not declared elsewhere | 2010-12-31 | $644 |
Administrative expenses (other) incurred | 2010-12-31 | $90,530 |
Total non interest bearing cash at end of year | 2010-12-31 | $3,550 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $193,765 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $9,297,914 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $72,104,005 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $62,806,091 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $63,943,180 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $55,659,247 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $6,369,656 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $5,359,648 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $773,431 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $273,033 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $273,033 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $2,878 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $30,286 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $31,201 |
Asset value of US Government securities at end of year | 2010-12-31 | $685,635 |
Asset value of US Government securities at beginning of year | 2010-12-31 | $1,007,210 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $5,937,019 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $2,009 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $810,008 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $5,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $3,897,602 |
Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $298,110 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $359,906 |
Contract administrator fees | 2010-12-31 | $6,268 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | SCHENCK SC |
Accountancy firm EIN | 2010-12-31 | 391173131 |
2009 : VALMET INC, DEFINED BENEFIT PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |