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RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 401k Plan overview

Plan NameRETIREMENT SYSTEM OF BGF INDUSTRIES, INC.
Plan identification number 001

RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

BGF INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:BGF INDUSTRIES, INC.
Employer identification number (EIN):561600845
NAIC Classification:313000
NAIC Description: Textile Mills

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT SYSTEM OF BGF INDUSTRIES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01PHILIPPE DORIER
0012014-01-01PHILIPPE DORIER PHILIPPE DORIER2015-10-02
0012013-01-01PHILIPPE DORIER PHILIPPE DORIER2014-09-30
0012012-01-01PHILIPPE DORIER PHILIPPE DORIER2013-09-17
0012011-01-01PHILIPPE DORIER PHILIPPE DORIER2012-10-11
0012009-01-01PHILIPPE DORIER PHILIPPE DORIER2010-09-30

Plan Statistics for RETIREMENT SYSTEM OF BGF INDUSTRIES, INC.

401k plan membership statisitcs for RETIREMENT SYSTEM OF BGF INDUSTRIES, INC.

Measure Date Value
2015: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-01625
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
2014: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2014 401k membership
Total participants, beginning-of-year2014-01-01673
Total number of active participants reported on line 7a of the Form 55002014-01-01621
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-011
Total of all active and inactive participants2014-01-01625
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01625
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-01688
Total number of active participants reported on line 7a of the Form 55002013-01-01667
Number of retired or separated participants receiving benefits2013-01-013
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-01673
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01673
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0110
2012: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-01690
Total number of active participants reported on line 7a of the Form 55002012-01-01677
Number of retired or separated participants receiving benefits2012-01-013
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-01687
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01688
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0110
2011: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-01702
Total number of active participants reported on line 7a of the Form 55002011-01-01680
Number of retired or separated participants receiving benefits2011-01-014
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-01690
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01690
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-01771
Total number of active participants reported on line 7a of the Form 55002009-01-01697
Number of retired or separated participants receiving benefits2009-01-012
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-01702
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01702
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0134

Financial Data on RETIREMENT SYSTEM OF BGF INDUSTRIES, INC.

Measure Date Value
2015 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-09-30$0
Total income from all sources (including contributions)2015-09-30$1,701,403
Total loss/gain on sale of assets2015-09-30$0
Total of all expenses incurred2015-09-30$38,129,456
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-09-30$38,127,257
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-09-30$1,662,485
Value of total assets at end of year2015-09-30$0
Value of total assets at beginning of year2015-09-30$36,428,053
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-09-30$2,199
Total interest from all sources2015-09-30$38,918
Total dividends received (eg from common stock, registered investment company shares)2015-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-09-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-09-30$0
Was this plan covered by a fidelity bond2015-09-30Yes
Value of fidelity bond cover2015-09-30$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-09-30$0
Were there any nonexempt tranactions with any party-in-interest2015-09-30No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-09-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-09-30$4,741
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-09-30No
Value of net income/loss2015-09-30$-36,428,053
Value of net assets at end of year (total assets less liabilities)2015-09-30$0
Value of net assets at beginning of year (total assets less liabilities)2015-09-30$36,428,053
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2015-09-30No
Were any leases to which the plan was party in default or uncollectible2015-09-30No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-09-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-09-30$36,423,312
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-09-30$36,423,312
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-09-30$38,918
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-09-30Yes
Was there a failure to transmit to the plan any participant contributions2015-09-30No
Has the plan failed to provide any benefit when due under the plan2015-09-30No
Contributions received in cash from employer2015-09-30$1,662,485
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-09-30$38,127,257
Contract administrator fees2015-09-30$2,199
Did the plan have assets held for investment2015-09-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-09-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-09-30Yes
Opinion of an independent qualified public accountant for this plan2015-09-30Disclaimer
Accountancy firm name2015-09-30SMITH LEONARD PLLC
Accountancy firm EIN2015-09-30205907591
2014 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
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$921,707
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$3,109,049
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$3,109,049
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$321,163
Value of total assets at end of year2014-12-31$36,428,053
Value of total assets at beginning of year2014-12-31$38,615,395
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$0
Total interest from all sources2014-12-31$14,740
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$573,347
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$573,347
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$321,163
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$4,741
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$137
Other income not declared elsewhere2014-12-31$2,634
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-2,187,342
Value of net assets at end of year (total assets less liabilities)2014-12-31$36,428,053
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$38,615,395
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$37,608,570
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$36,423,312
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$1,006,688
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$1,006,688
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$14,740
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$9,823
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$3,109,049
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31SMITH LEONARD PLLC
Accountancy firm EIN2014-12-31205907591
2013 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
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$5,008,700
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$5,059,589
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$5,059,589
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$2,103,643
Value of total assets at end of year2013-12-31$38,615,395
Value of total assets at beginning of year2013-12-31$38,666,284
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$0
Total interest from all sources2013-12-31$7,008
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$416,189
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$416,189
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$903,643
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$137
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$846
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-50,889
Value of net assets at end of year (total assets less liabilities)2013-12-31$38,615,395
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$38,666,284
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$37,608,570
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$35,769,996
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$1,006,688
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$895,442
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$895,442
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$7,008
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$2,481,860
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,200,000
Employer contributions (assets) at beginning of year2013-12-31$2,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$5,059,589
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31SMITH LEONARD PLLC
Accountancy firm EIN2013-12-31205907591
2012 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$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$7,309,456
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$4,412,279
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$4,398,534
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,849,300
Value of total assets at end of year2012-12-31$38,666,284
Value of total assets at beginning of year2012-12-31$35,769,107
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$13,745
Total interest from all sources2012-12-31$801
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$471,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$471,030
Administrative expenses professional fees incurred2012-12-31$13,745
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$849,300
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$846
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$9,188
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,897,177
Value of net assets at end of year (total assets less liabilities)2012-12-31$38,666,284
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$35,769,107
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$35,769,996
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$31,404,865
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$895,442
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$855,054
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$855,054
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$801
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$3,988,325
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$2,000,000
Employer contributions (assets) at end of year2012-12-31$2,000,000
Employer contributions (assets) at beginning of year2012-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$4,398,534
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31SMITH LEONARD PLLC
Accountancy firm EIN2012-12-31205907591
2011 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$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$4,480,512
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$3,561,695
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,526,395
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$4,390,404
Value of total assets at end of year2011-12-31$35,769,107
Value of total assets at beginning of year2011-12-31$34,850,290
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$35,300
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$586,276
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$586,276
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$890,404
Assets. Other investments not covered elsewhere at end of year2011-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$315,315
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$9,188
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$12,336
Administrative expenses (other) incurred2011-12-31$35,300
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$918,817
Value of net assets at end of year (total assets less liabilities)2011-12-31$35,769,107
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$34,850,290
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$31,404,865
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$29,970,642
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$855,054
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,051,997
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,051,997
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-496,168
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$3,500,000
Employer contributions (assets) at end of year2011-12-31$3,500,000
Employer contributions (assets) at beginning of year2011-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$3,526,395
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31SMITH LEONARD PLLC
Accountancy firm EIN2011-12-31205907591
2010 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$11,494
Total income from all sources (including contributions)2010-12-31$8,503,372
Total loss/gain on sale of assets2010-12-31$-99,454
Total of all expenses incurred2010-12-31$2,659,073
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,659,073
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$4,380,287
Value of total assets at end of year2010-12-31$34,850,290
Value of total assets at beginning of year2010-12-31$29,017,485
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total interest from all sources2010-12-31$237
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$125,228
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$125,228
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$880,287
Assets. Other investments not covered elsewhere at end of year2010-12-31$315,315
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$3,078,900
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$12,336
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$10,665
Other income not declared elsewhere2010-12-31$159,875
Liabilities. Value of operating payables at beginning of year2010-12-31$11,494
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$5,844,299
Value of net assets at end of year (total assets less liabilities)2010-12-31$34,850,290
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$29,005,991
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$29,970,642
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$22,274,104
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,051,997
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$133,790
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$133,790
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$237
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$3,937,199
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$3,500,000
Employer contributions (assets) at end of year2010-12-31$3,500,000
Employer contributions (assets) at beginning of year2010-12-31$3,520,026
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,659,073
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$18,239,548
Aggregate carrying amount (costs) on sale of assets2010-12-31$18,339,002
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31SMITH LEONARD PLLC
Accountancy firm EIN2010-12-31205907591
2009 : RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for RETIREMENT SYSTEM OF BGF INDUSTRIES, INC.

2015: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: RETIREMENT SYSTEM OF BGF INDUSTRIES, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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