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SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 401k Plan overview

Plan NameSWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES
Plan identification number 001

SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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).
  • 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

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

Company Name:TRANSLOGIC CORPORATION
Employer identification number (EIN):840911610
NAIC Classification:339900

Additional information about TRANSLOGIC CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 2006791

More information about TRANSLOGIC CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KIMBERLY LUKE2023-10-11 KIMBERLY LUKE2023-10-11
0012021-01-01KIMBERLY LUKE2022-10-10 KIMBERLY LUKE2022-10-10
0012020-01-01KIMBERLY LUKE2021-10-06 KIMBERLY LUKE2021-10-06
0012019-01-01KIMBERLY LUKE2020-10-15 KIMBERLY LUKE2020-10-15
0012018-01-01KIMBERLY LUKE2019-10-02 KIMBERLY LUKE2019-10-02
0012017-01-01KATHLEEN CONDON2018-10-10 KATHLEEN CONDON2018-10-10
0012017-01-01KATHLEEN CONDON2018-10-04 KATHLEEN CONDON2018-10-04
0012016-01-01KATHLEEN CONDON2017-06-19 KATHLEEN CONDON2017-06-19
0012015-01-01KATHLEEN CONDON2016-10-03 KATHLEEN CONDON2016-10-03
0012014-01-01KATHLEEN CONDON2015-09-18 KATHLEEN CONDON2015-09-18
0012013-01-01KATHLEEN CONDON2014-10-10 KATHLEEN CONDON2014-10-10
0012012-01-01KATHLEEN CONDON2013-07-31 KATHLEEN CONDON2013-07-31
0012011-01-01KATHLEEN CONDON2012-07-24 KATHLEEN CONDON2012-07-24
0012010-01-01KATHLEEN CONDON2011-09-21 KATHLEEN CONDON2011-09-21

Plan Statistics for SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES

401k plan membership statisitcs for SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES

Measure Date Value
2022: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2022 401k membership
Market value of plan assets2022-12-311,950,872
Acturial value of plan assets2022-12-311,885,193
Funding target for retired participants and beneficiaries receiving payment2022-12-31742,495
Number of terminated vested participants2022-12-3119
Fundng target for terminated vested participants2022-12-31296,247
Active participant vested funding target2022-12-31304,908
Number of active participants2022-12-3112
Total funding liabilities for active participants2022-12-31304,908
Total participant count2022-12-3161
Total funding target for all participants2022-12-311,343,650
Balance at beginning of prior year after applicable adjustments2022-12-3154,891
Prefunding balance at beginning of prior year after applicable adjustments2022-12-317,465
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 balance2022-12-3154,891
Amount remaining of prefunding balance2022-12-317,465
Present value of excess contributions2022-12-3149,717
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3152,461
Total available prior years excess cotributions added 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 year2022-12-3159,793
Balance of prefunding at beginning of current year2022-12-318,132
Total employer contributions2022-12-3125,000
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 date2022-12-3124,763
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 cost2022-12-3125,000
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 year2022-12-3124,763
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2021 401k membership
Market value of plan assets2021-12-311,840,233
Acturial value of plan assets2021-12-311,744,013
Funding target for retired participants and beneficiaries receiving payment2021-12-31784,218
Number of terminated vested participants2021-12-3122
Fundng target for terminated vested participants2021-12-31310,569
Active participant vested funding target2021-12-31291,063
Number of active participants2021-12-3112
Total funding liabilities for active participants2021-12-31291,063
Total participant count2021-12-3164
Total funding target for all participants2021-12-311,385,850
Balance at beginning of prior year after applicable adjustments2021-12-3150,262
Prefunding balance at beginning of prior year after applicable adjustments2021-12-316,835
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 balance2021-12-3150,262
Amount remaining of prefunding balance2021-12-316,835
Present value of excess contributions2021-12-3149,663
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3149,900
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 year2021-12-3154,891
Balance of prefunding at beginning of current year2021-12-317,465
Total employer contributions2021-12-3150,000
Total employee contributions2021-12-310
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 date2021-12-3149,717
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 cost2021-12-3125,000
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 year2021-12-3149,717
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2020 401k membership
Market value of plan assets2020-12-311,721,168
Acturial value of plan assets2020-12-311,685,767
Funding target for retired participants and beneficiaries receiving payment2020-12-31839,449
Number of terminated vested participants2020-12-3121
Fundng target for terminated vested participants2020-12-31317,445
Active participant vested funding target2020-12-31292,901
Number of active participants2020-12-3113
Total funding liabilities for active participants2020-12-31292,901
Total participant count2020-12-3165
Total funding target for all participants2020-12-311,449,795
Balance at beginning of prior year after applicable adjustments2020-12-3143,668
Prefunding balance at beginning of prior year after applicable adjustments2020-12-315,938
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 balance2020-12-3143,668
Amount remaining of prefunding balance2020-12-315,938
Present value of excess contributions2020-12-3147,919
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3150,544
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-3150,262
Balance of prefunding at beginning of current year2020-12-316,835
Total employer contributions2020-12-3150,000
Total employee contributions2020-12-310
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 date2020-12-3149,663
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 cost2020-12-3125,000
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 year2020-12-3149,663
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2019 401k membership
Market value of plan assets2019-12-311,549,882
Acturial value of plan assets2019-12-311,624,370
Funding target for retired participants and beneficiaries receiving payment2019-12-31759,265
Number of terminated vested participants2019-12-3124
Fundng target for terminated vested participants2019-12-31389,856
Active participant vested funding target2019-12-31291,140
Number of active participants2019-12-3114
Total funding liabilities for active participants2019-12-31291,140
Total participant count2019-12-3166
Total funding target for all participants2019-12-311,440,261
Balance at beginning of prior year after applicable adjustments2019-12-3145,407
Prefunding balance at beginning of prior year after applicable adjustments2019-12-316,174
Amount remaining of carryover balance2019-12-3145,407
Amount remaining of prefunding balance2019-12-316,174
Present value of excess contributions2019-12-3147,958
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3150,659
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 year2019-12-3143,668
Balance of prefunding at beginning of current year2019-12-315,938
Total employer contributions2019-12-3150,000
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 date2019-12-3147,919
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 cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-3147,919
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2018 401k membership
Market value of plan assets2018-12-311,657,758
Acturial value of plan assets2018-12-311,602,547
Funding target for retired participants and beneficiaries receiving payment2018-12-31705,373
Number of terminated vested participants2018-12-3124
Fundng target for terminated vested participants2018-12-31355,881
Active participant vested funding target2018-12-31291,170
Number of active participants2018-12-3115
Total funding liabilities for active participants2018-12-31291,170
Total participant count2018-12-3166
Total funding target for all participants2018-12-311,352,424
Balance at beginning of prior year after applicable adjustments2018-12-3140,918
Prefunding balance at beginning of prior year after applicable adjustments2018-12-315,564
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-3140,918
Amount remaining of prefunding balance2018-12-315,564
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-3145,407
Balance of prefunding at beginning of current year2018-12-316,174
Total employer contributions2018-12-3150,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3147,958
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3125,000
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-3147,958
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2017 401k membership
Market value of plan assets2017-12-311,576,227
Acturial value of plan assets2017-12-311,620,269
Funding target for retired participants and beneficiaries receiving payment2017-12-31626,867
Number of terminated vested participants2017-12-3119
Fundng target for terminated vested participants2017-12-31220,153
Active participant vested funding target2017-12-31438,124
Number of active participants2017-12-3124
Total funding liabilities for active participants2017-12-31438,124
Total participant count2017-12-3169
Total funding target for all participants2017-12-311,285,144
Balance at beginning of prior year after applicable adjustments2017-12-3138,403
Prefunding balance at beginning of prior year after applicable adjustments2017-12-315,222
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-3138,403
Amount remaining of prefunding balance2017-12-315,222
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-3140,918
Balance of prefunding at beginning of current year2017-12-315,564
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3125,000
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: SWISSLOG DEFINED BENEFIT PLAN FOR HOURLY FACTORY EMPLOYEES 2016 401k membership
Market value of plan assets2016-12-311,542,348
Acturial value of plan assets2016-12-311,643,463
Funding target for retired participants and beneficiaries receiving payment2016-12-31504,228
Number of terminated vested participants2016-12-3118
Fundng target for terminated vested participants2016-12-31176,233
Active participant vested funding target2016-12-31556,995
Number of active participants2016-12-3128
Total funding liabilities for active participants2016-12-31557,155
Total participant count2016-12-3169
Total funding target for all participants2016-12-311,237,616
Balance at beginning of prior year after applicable adjustments2016-12-3139,355
Prefunding balance at beginning of prior year after applicable adjustments2016-12-315,352
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-3139,355
Amount remaining of prefunding balance2016-12-315,352
Present value of excess contributions2016-12-3149,092
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3152,154
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-3138,403
Balance of prefunding at beginning of current year2016-12-315,222
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3125,000
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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