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ORECK CORPORATION 401(K) PLAN 401k Plan overview

Plan NameORECK CORPORATION 401(K) PLAN
Plan identification number 001

ORECK CORPORATION 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ORECK CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:ORECK CORPORATION
Employer identification number (EIN):721381609
NAIC Classification:335900

Additional information about ORECK CORPORATION

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1933-08-22
Company Identification Number: 128008
Legal Registered Office Address: 3812 S.W. 8TH ST

CORAL GABLES


More information about ORECK CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORECK CORPORATION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01BILL DICK BILL DICK2014-10-13
0012012-01-01WILLIAM DICK WILLIAM DICK2013-10-15
0012011-01-01BERNARD CARROLL
0012009-01-01NADA LATTO NADA LATTO2010-08-10
0012009-01-01NADA LATTO NADA LATTO2010-07-30

Plan Statistics for ORECK CORPORATION 401(K) PLAN

401k plan membership statisitcs for ORECK CORPORATION 401(K) PLAN

Measure Date Value
2013: ORECK CORPORATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01901
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: ORECK CORPORATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,184
Total number of active participants reported on line 7a of the Form 55002012-01-01647
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01254
Total of all active and inactive participants2012-01-01901
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01901
Number of participants with account balances2012-01-01799
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-01131
2011: ORECK CORPORATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,114
Total number of active participants reported on line 7a of the Form 55002011-01-011,033
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0183
Total of all active and inactive participants2011-01-011,116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-011,117
Number of participants with account balances2011-01-01787
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2009: ORECK CORPORATION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,296
Total number of active participants reported on line 7a of the Form 55002009-01-01757
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-01265
Total of all active and inactive participants2009-01-011,023
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-011,023
Number of participants with account balances2009-01-01856
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01131

Financial Data on ORECK CORPORATION 401(K) PLAN

Measure Date Value
2013 : ORECK CORPORATION 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets from this plan2013-12-31$22,830
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$2,061,853
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$12,577,305
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$12,386,974
Value of total corrective distributions2013-12-31$56,322
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$849,582
Value of total assets at end of year2013-12-31$0
Value of total assets at beginning of year2013-12-31$10,538,282
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$134,009
Total interest from all sources2013-12-31$5,994
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$53,366
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2013-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$53,366
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$596,265
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$287,878
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$104,241
Other income not declared elsewhere2013-12-31$2,769
Administrative expenses (other) incurred2013-12-31$134,009
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-10,515,452
Value of net assets at end of year (total assets less liabilities)2013-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$10,538,282
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$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$6,702,423
Interest on participant loans2013-12-31$5,994
Value of interest in common/collective trusts at end of year2013-12-31$0
Value of interest in common/collective trusts at beginning of year2013-12-31$3,547,981
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,110,815
Net investment gain or loss from common/collective trusts2013-12-31$39,327
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
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$149,076
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$12,386,974
Did the plan have assets held for investment2013-12-31No
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 PBGC2013-12-31Yes
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 name2013-12-31LATTIMORE, BLACK, MORGAN & CAIN
Accountancy firm EIN2013-12-31621199757
2012 : ORECK CORPORATION 401(K) PLAN 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$2,579,221
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$2,267,734
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,198,840
Expenses. Certain deemed distributions of participant loans2012-12-31$13,010
Value of total corrective distributions2012-12-31$34,766
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,634,003
Value of total assets at end of year2012-12-31$10,538,282
Value of total assets at beginning of year2012-12-31$10,226,795
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$21,118
Total interest from all sources2012-12-31$9,255
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$206,014
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$206,014
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,287,388
Participant contributions at end of year2012-12-31$287,878
Participant contributions at beginning of year2012-12-31$259,935
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$24,748
Other income not declared elsewhere2012-12-31$-19,417
Administrative expenses (other) incurred2012-12-31$21,118
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$311,487
Value of net assets at end of year (total assets less liabilities)2012-12-31$10,538,282
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$10,226,795
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$6,702,423
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$9,966,860
Interest on participant loans2012-12-31$9,255
Value of interest in common/collective trusts at end of year2012-12-31$3,547,981
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$749,366
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
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$321,867
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,198,840
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 name2012-12-31LATTIMORE, BLACK, MORGAN & CAIN
Accountancy firm EIN2012-12-31621199757
2011 : ORECK CORPORATION 401(K) PLAN 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$1,674,770
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$2,792,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$2,743,267
Value of total corrective distributions2011-12-31$38,948
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,768,183
Value of total assets at end of year2011-12-31$10,226,795
Value of total assets at beginning of year2011-12-31$11,344,267
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$10,027
Total interest from all sources2011-12-31$11,257
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$116,938
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$116,938
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,261,498
Participant contributions at end of year2011-12-31$259,935
Participant contributions at beginning of year2011-12-31$175,899
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$191,289
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-1,117,472
Value of net assets at end of year (total assets less liabilities)2011-12-31$10,226,795
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$11,344,267
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$9,966,860
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$11,168,368
Interest on participant loans2011-12-31$11,257
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-221,608
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
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$315,396
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$2,743,267
Contract administrator fees2011-12-31$10,027
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 name2011-12-31LATTIMORE, BLACK, MORGAN & CAIN
Accountancy firm EIN2011-12-31621199757
2010 : ORECK CORPORATION 401(K) PLAN 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$0
Total income from all sources (including contributions)2010-12-31$2,563,515
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,191,451
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,101,281
Value of total corrective distributions2010-12-31$86,142
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,655,868
Value of total assets at end of year2010-12-31$11,344,267
Value of total assets at beginning of year2010-12-31$9,972,203
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$4,028
Total interest from all sources2010-12-31$6,489
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$102,846
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$102,846
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,354,547
Participant contributions at end of year2010-12-31$175,899
Participant contributions at beginning of year2010-12-31$114,114
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$21,288
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$1,372,064
Value of net assets at end of year (total assets less liabilities)2010-12-31$11,344,267
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$9,972,203
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$11,168,368
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$9,858,089
Income. Interest from loans (other than to participants)2010-12-31$6,489
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$798,312
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$280,033
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,101,281
Contract administrator fees2010-12-31$4,028
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
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 name2010-12-31LATTIMORE, BLACK, MORGAN & CAIN
Accountancy firm EIN2010-12-31621199757

Form 5500 Responses for ORECK CORPORATION 401(K) PLAN

2013: ORECK CORPORATION 401(K) PLAN 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 filingYes
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: ORECK CORPORATION 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
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: ORECK CORPORATION 401(K) PLAN 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: ORECK CORPORATION 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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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