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VITESCO TECHNOLOGIES HOURLY PENSION PLAN 401k Plan overview

Plan NameVITESCO TECHNOLOGIES HOURLY PENSION PLAN
Plan identification number 011

VITESCO TECHNOLOGIES HOURLY PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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).
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

VITESCO TECHNOLOGIES USA, LLC has sponsored the creation of one or more 401k plans.

Company Name:VITESCO TECHNOLOGIES USA, LLC
Employer identification number (EIN):831870421
NAIC Classification:336990

Additional information about VITESCO TECHNOLOGIES USA, LLC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2019-01-01
Company Identification Number: 0803180533
Legal Registered Office Address: 2400 EXECUTIVE HILLS DR

AUBURN HILLS
United States of America (USA)
48326

More information about VITESCO TECHNOLOGIES USA, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VITESCO TECHNOLOGIES HOURLY PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0112022-01-01
0112021-01-01
0112020-01-01
0112019-01-01

Plan Statistics for VITESCO TECHNOLOGIES HOURLY PENSION PLAN

401k plan membership statisitcs for VITESCO TECHNOLOGIES HOURLY PENSION PLAN

Measure Date Value
2022: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-3123,736,206
Acturial value of plan assets2022-12-3123,720,904
Funding target for retired participants and beneficiaries receiving payment2022-12-3111,306,400
Number of terminated vested participants2022-12-31140
Fundng target for terminated vested participants2022-12-313,392,901
Active participant vested funding target2022-12-312,797,260
Number of active participants2022-12-3186
Total funding liabilities for active participants2022-12-312,861,935
Total participant count2022-12-31538
Total funding target for all participants2022-12-3117,561,236
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-313,839,292
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-313,839,292
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-314,084,239
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31467,000
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-01536
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-3123,943,594
Acturial value of plan assets2021-12-3123,354,779
Funding target for retired participants and beneficiaries receiving payment2021-12-3111,454,347
Number of terminated vested participants2021-12-31130
Fundng target for terminated vested participants2021-12-312,724,056
Active participant vested funding target2021-12-313,333,290
Number of active participants2021-12-31105
Total funding liabilities for active participants2021-12-313,432,646
Total participant count2021-12-31549
Total funding target for all participants2021-12-3117,611,049
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-313,373,422
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-313,373,422
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-313,839,292
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31241,000
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-01547
Total number of active participants reported on line 7a of the Form 55002021-01-0186
Number of retired or separated participants receiving benefits2021-01-01285
Number of other retired or separated participants entitled to future benefits2021-01-01131
Total of all active and inactive participants2021-01-01502
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0134
Total participants2021-01-01536
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-3122,453,378
Acturial value of plan assets2020-12-3122,138,104
Funding target for retired participants and beneficiaries receiving payment2020-12-3112,041,220
Number of terminated vested participants2020-12-31126
Fundng target for terminated vested participants2020-12-312,628,776
Active participant vested funding target2020-12-313,383,843
Number of active participants2020-12-31116
Total funding liabilities for active participants2020-12-313,511,471
Total participant count2020-12-31558
Total funding target for all participants2020-12-3118,181,467
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-312,749,602
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-312,749,602
Present value of excess contributions2020-12-3119,234
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3120,282
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-3120,282
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-313,373,422
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31229,000
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-01556
Total number of active participants reported on line 7a of the Form 55002020-01-01105
Number of retired or separated participants receiving benefits2020-01-01290
Number of other retired or separated participants entitled to future benefits2020-01-01121
Total of all active and inactive participants2020-01-01516
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0131
Total participants2020-01-01547
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-3119,349,064
Acturial value of plan assets2019-12-3120,013,366
Funding target for retired participants and beneficiaries receiving payment2019-12-3111,880,131
Number of terminated vested participants2019-12-31122
Fundng target for terminated vested participants2019-12-312,359,118
Active participant vested funding target2019-12-313,746,006
Number of active participants2019-12-31132
Total funding liabilities for active participants2019-12-313,902,244
Total participant count2019-12-31564
Total funding target for all participants2019-12-3118,141,493
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-312,796,585
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-312,796,585
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-312,749,602
Total employer contributions2019-12-31483,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31439,854
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31278,000
Net shortfall amortization installment of oustanding balance2019-12-31877,729
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31420,620
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31420,620
Contributions allocatedtoward minimum required contributions for current year2019-12-31439,854
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-01563
Total number of active participants reported on line 7a of the Form 55002019-01-01116
Number of retired or separated participants receiving benefits2019-01-01294
Number of other retired or separated participants entitled to future benefits2019-01-01118
Total of all active and inactive participants2019-01-01528
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0128
Total participants2019-01-01556
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on VITESCO TECHNOLOGIES HOURLY PENSION PLAN

Measure Date Value
2022 : VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets from this plan2022-12-31$17,724,604
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$65,107
Total income from all sources (including contributions)2022-12-31$-4,566,296
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,380,200
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,181,055
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$0
Value of total assets at beginning of year2022-12-31$23,736,207
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$199,145
Total interest from all sources2022-12-31$310
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-12-31$17,724,604
Administrative expenses professional fees incurred2022-12-31$133,437
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Administrative expenses (other) incurred2022-12-31$47,168
Liabilities. Value of operating payables at end of year2022-12-31$0
Liabilities. Value of operating payables at beginning of year2022-12-31$65,107
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-5,946,496
Value of net assets at end of year (total assets less liabilities)2022-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$23,671,100
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$18,540
Value of interest in master investment trust accounts at end of year2022-12-31$0
Value of interest in master investment trust accounts at beginning of year2022-12-31$23,628,023
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$108,184
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$108,184
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$310
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,181,055
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31Yes
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31GREERWALKER, LLP
Accountancy firm EIN2022-12-31561434747
2021 : VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$65,107
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$35,676
Total income from all sources (including contributions)2021-12-31$1,183,551
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,420,369
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,187,641
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$0
Value of total assets at end of year2021-12-31$23,736,207
Value of total assets at beginning of year2021-12-31$23,943,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$232,728
Total interest from all sources2021-12-31$3
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$141,242
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Administrative expenses (other) incurred2021-12-31$49,664
Liabilities. Value of operating payables at end of year2021-12-31$65,107
Liabilities. Value of operating payables at beginning of year2021-12-31$35,676
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-236,818
Value of net assets at end of year (total assets less liabilities)2021-12-31$23,671,100
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$23,907,918
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$41,822
Value of interest in master investment trust accounts at end of year2021-12-31$23,628,023
Value of interest in master investment trust accounts at beginning of year2021-12-31$23,840,325
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$108,184
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$103,269
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$103,269
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$3
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,187,641
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31GREERWALKER, LLP
Accountancy firm EIN2021-12-31561434747
2020 : VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$35,676
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$58,835
Total income from all sources (including contributions)2020-12-31$2,940,169
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,445,984
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,182,196
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$23,943,594
Value of total assets at beginning of year2020-12-31$22,472,568
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$263,788
Total interest from all sources2020-12-31$54
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$177,535
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Administrative expenses (other) incurred2020-12-31$46,148
Liabilities. Value of operating payables at end of year2020-12-31$35,676
Liabilities. Value of operating payables at beginning of year2020-12-31$58,835
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,494,185
Value of net assets at end of year (total assets less liabilities)2020-12-31$23,907,918
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$22,413,733
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$40,105
Value of interest in master investment trust accounts at end of year2020-12-31$23,840,325
Value of interest in master investment trust accounts at beginning of year2020-12-31$21,884,157
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$103,269
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$105,411
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$105,411
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$54
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$483,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,182,196
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31GREERWALKER, LLP
Accountancy firm EIN2020-12-31561434747
2019 : VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$58,835
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$33,582
Total income from all sources (including contributions)2019-12-31$4,563,627
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,465,683
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,169,878
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$483,000
Value of total assets at end of year2019-12-31$22,472,568
Value of total assets at beginning of year2019-12-31$19,349,371
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$295,805
Total interest from all sources2019-12-31$256
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$180,728
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Administrative expenses (other) incurred2019-12-31$74,495
Liabilities. Value of operating payables at end of year2019-12-31$58,835
Liabilities. Value of operating payables at beginning of year2019-12-31$33,582
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,097,944
Value of net assets at end of year (total assets less liabilities)2019-12-31$22,413,733
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$19,315,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$40,582
Value of interest in master investment trust accounts at end of year2019-12-31$21,884,157
Value of interest in master investment trust accounts at beginning of year2019-12-31$19,247,476
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$105,411
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$101,895
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$101,895
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$256
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$483,000
Employer contributions (assets) at end of year2019-12-31$483,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,169,878
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31GREERWALKER, LLP
Accountancy firm EIN2019-12-31561434747

Form 5500 Responses for VITESCO TECHNOLOGIES HOURLY PENSION PLAN

2022: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: VITESCO TECHNOLOGIES HOURLY PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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