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NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 401k Plan overview

Plan NameNOVELLUS SYSTEMS, INC. RETIREMENT PLAN
Plan identification number 001

NOVELLUS SYSTEMS, INC. RETIREMENT 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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 requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

NOVELLUS SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:NOVELLUS SYSTEMS, INC.
Employer identification number (EIN):770024666
NAIC Classification:334410

Additional information about NOVELLUS SYSTEMS, INC.

Jurisdiction of Incorporation: Wyoming Corporations Division
Incorporation Date: 2016-12-21
Company Identification Number: 000736413
Legal Registered Office Address: Post Office Box 2888

Del Mar
United States of America (USA)
92014

More information about NOVELLUS SYSTEMS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NOVELLUS SYSTEMS, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01RAY ALLSUP
0012011-01-01RAY ALLSUP
0012010-01-01KENT NAGEL
0012009-01-01KENT NAGEL

Plan Statistics for NOVELLUS SYSTEMS, INC. RETIREMENT PLAN

401k plan membership statisitcs for NOVELLUS SYSTEMS, INC. RETIREMENT PLAN

Measure Date Value
2012: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012,482
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012,478
Total number of active participants reported on line 7a of the Form 55002011-01-011,401
Number of retired or separated participants receiving benefits2011-01-019
Number of other retired or separated participants entitled to future benefits2011-01-011,071
Total of all active and inactive participants2011-01-012,481
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-012,482
Number of participants with account balances2011-01-012,186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0126
2010: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-012,482
Total number of active participants reported on line 7a of the Form 55002010-01-011,339
Number of retired or separated participants receiving benefits2010-01-0110
Number of other retired or separated participants entitled to future benefits2010-01-011,127
Total of all active and inactive participants2010-01-012,476
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-012,478
Number of participants with account balances2010-01-012,225
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0119
2009: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013,063
Total number of active participants reported on line 7a of the Form 55002009-01-011,280
Number of retired or separated participants receiving benefits2009-01-017
Number of other retired or separated participants entitled to future benefits2009-01-011,193
Total of all active and inactive participants2009-01-012,480
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-012,482
Number of participants with account balances2009-01-012,274
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0147

Financial Data on NOVELLUS SYSTEMS, INC. RETIREMENT PLAN

Measure Date Value
2012 : NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$40,478
Total unrealized appreciation/depreciation of assets2012-12-31$40,478
Total transfer of assets from this plan2012-12-31$230,235,841
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$516,151
Total income from all sources (including contributions)2012-12-31$38,907,612
Total loss/gain on sale of assets2012-12-31$-625,598
Total of all expenses incurred2012-12-31$19,164,058
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$19,097,327
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$16,474,981
Value of total assets at end of year2012-12-31$0
Value of total assets at beginning of year2012-12-31$211,008,438
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$66,731
Total interest from all sources2012-12-31$131,264
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$4,841,281
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$4,832,692
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$12,634,872
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$2,838,203
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$236,085
Administrative expenses (other) incurred2012-12-31$66,731
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$19,743,554
Value of net assets at end of year (total assets less liabilities)2012-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$210,492,287
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$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$156,547,022
Interest on participant loans2012-12-31$131,264
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$25,731,721
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$18,674,651
Net investment gain or loss from common/collective trusts2012-12-31$-629,445
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
Assets. Invements in employer securities at end of year2012-12-31$0
Assets. Invements in employer securities at beginning of year2012-12-31$22,043,916
Contributions received in cash from employer2012-12-31$3,604,024
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$3,517,043
Income. Dividends from common stock2012-12-31$8,589
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$19,097,327
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$330,533
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$516,151
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31Yes
Aggregate proceeds on sale of assets2012-12-31$49,685,665
Aggregate carrying amount (costs) on sale of assets2012-12-31$50,311,263
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31MOSS ADAMS LLP
Accountancy firm EIN2012-12-31910189318
2011 : NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$4,320,101
Total unrealized appreciation/depreciation of assets2011-12-31$4,320,101
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$516,151
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$39,632
Total income from all sources (including contributions)2011-12-31$17,908,647
Total loss/gain on sale of assets2011-12-31$258,071
Total of all expenses incurred2011-12-31$11,197,783
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$11,132,248
Expenses. Certain deemed distributions of participant loans2011-12-31$-1,068
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$16,077,636
Value of total assets at end of year2011-12-31$211,008,438
Value of total assets at beginning of year2011-12-31$203,821,055
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$66,603
Total interest from all sources2011-12-31$140,262
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$3,923,349
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$3,920,422
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
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$11,910,700
Participant contributions at end of year2011-12-31$2,838,203
Participant contributions at beginning of year2011-12-31$2,593,218
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$649,577
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$12,879
Administrative expenses (other) incurred2011-12-31$66,603
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$6,710,864
Value of net assets at end of year (total assets less liabilities)2011-12-31$210,492,287
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$203,781,423
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$156,547,022
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$156,349,321
Interest on participant loans2011-12-31$140,262
Value of interest in common/collective trusts at end of year2011-12-31$25,731,721
Value of interest in common/collective trusts at beginning of year2011-12-31$23,080,334
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-7,756,199
Net investment gain or loss from common/collective trusts2011-12-31$945,427
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
Assets. Invements in employer securities at end of year2011-12-31$22,043,916
Assets. Invements in employer securities at beginning of year2011-12-31$18,885,558
Contributions received in cash from employer2011-12-31$3,517,359
Employer contributions (assets) at end of year2011-12-31$3,517,043
Employer contributions (assets) at beginning of year2011-12-31$2,833,823
Income. Dividends from common stock2011-12-31$2,927
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$11,132,248
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$330,533
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$78,801
Liabilities. Value of benefit claims payable at end of year2011-12-31$516,151
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$26,753
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
Aggregate proceeds on sale of assets2011-12-31$5,561,137
Aggregate carrying amount (costs) on sale of assets2011-12-31$5,303,066
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31MOHLER, NIXON, WILLIAMS
Accountancy firm EIN2011-12-31770106234
2010 : NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$5,246,937
Total unrealized appreciation/depreciation of assets2010-12-31$5,246,937
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$39,632
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$259,445
Total income from all sources (including contributions)2010-12-31$39,992,659
Total loss/gain on sale of assets2010-12-31$803,004
Total of all expenses incurred2010-12-31$11,058,872
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$11,004,907
Value of total corrective distributions2010-12-31$5,355
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$13,141,580
Value of total assets at end of year2010-12-31$203,821,055
Value of total assets at beginning of year2010-12-31$175,107,081
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$48,610
Total interest from all sources2010-12-31$132,294
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$3,094,552
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$3,094,552
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
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$10,203,399
Participant contributions at end of year2010-12-31$2,593,218
Participant contributions at beginning of year2010-12-31$2,215,958
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$104,358
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$441
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$12,879
Other income not declared elsewhere2010-12-31$16
Administrative expenses (other) incurred2010-12-31$48,610
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$28,933,787
Value of net assets at end of year (total assets less liabilities)2010-12-31$203,781,423
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$174,847,636
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$156,349,321
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$131,903,124
Interest on participant loans2010-12-31$132,294
Value of interest in common/collective trusts at end of year2010-12-31$23,080,334
Value of interest in common/collective trusts at beginning of year2010-12-31$22,892,986
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$16,528,849
Net investment gain or loss from common/collective trusts2010-12-31$1,045,427
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 contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$18,885,558
Assets. Invements in employer securities at beginning of year2010-12-31$15,326,100
Contributions received in cash from employer2010-12-31$2,833,823
Employer contributions (assets) at end of year2010-12-31$2,833,823
Employer contributions (assets) at beginning of year2010-12-31$2,768,913
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$11,004,466
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$78,801
Liabilities. Value of benefit claims payable at end of year2010-12-31$26,753
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$259,445
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$6,546,503
Aggregate carrying amount (costs) on sale of assets2010-12-31$5,743,499
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31MOHLER, NIXON, WILLIAMS
Accountancy firm EIN2010-12-31770106234

Form 5500 Responses for NOVELLUS SYSTEMS, INC. RETIREMENT PLAN

2012: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 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 filingYes
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: NOVELLUS SYSTEMS, INC. RETIREMENT 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
2010: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NOVELLUS SYSTEMS, INC. RETIREMENT PLAN 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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