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THORATEC CORPORATION 401(K) PLAN 401k Plan overview

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

THORATEC 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.

401k Sponsoring company profile

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

Company Name:THORATEC CORPORATION
Employer identification number (EIN):942340464
NAIC Classification:339110

Additional information about THORATEC CORPORATION

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 297882

More information about THORATEC CORPORATION

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01PAUL BAE PAUL BAE2016-10-13
0012015-01-01PAUL BAE PAUL BAE2016-10-13
0012014-01-01LAUREN HERNANDEZ LAUREN HERNANDEZ2015-10-14
0012013-01-01GLEN C. SUNNERGREN GLEN C. SUNNERGREN2014-10-08
0012012-01-01GLEN C. SUNNERGREN GLEN C. SUNNERGREN2013-10-08
0012011-01-01GLEN C. SUNNERGREN GLEN C. SUNNERGREN2012-10-12
0012010-01-01GLEN C SUNNERGREN GLEN C SUNNERGREN2011-10-04
0012009-01-01GLEN SUNNERGREN GLEN SUNNERGREN2010-10-12

Plan Statistics for THORATEC CORPORATION 401(K) PLAN

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

Measure Date Value
2016: THORATEC CORPORATION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01786
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THORATEC CORPORATION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011,187
Total number of active participants reported on line 7a of the Form 55002015-01-015
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01776
Total of all active and inactive participants2015-01-01781
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01782
Number of participants with account balances2015-01-01780
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0121
2014: THORATEC CORPORATION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011,137
Total number of active participants reported on line 7a of the Form 55002014-01-01897
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01297
Total of all active and inactive participants2014-01-011,194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-011,195
Number of participants with account balances2014-01-011,134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0169
2013: THORATEC CORPORATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011,050
Total number of active participants reported on line 7a of the Form 55002013-01-01872
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01258
Total of all active and inactive participants2013-01-011,130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-011,131
Number of participants with account balances2013-01-011,077
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0148
2012: THORATEC CORPORATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,056
Total number of active participants reported on line 7a of the Form 55002012-01-01788
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01251
Total of all active and inactive participants2012-01-011,039
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-011,041
Number of participants with account balances2012-01-01972
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0139
2011: THORATEC CORPORATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,284
Total number of active participants reported on line 7a of the Form 55002011-01-01714
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01337
Total of all active and inactive participants2011-01-011,051
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-011,051
Number of participants with account balances2011-01-01989
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0146
2010: THORATEC CORPORATION 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-011,358
Total number of active participants reported on line 7a of the Form 55002010-01-01638
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01644
Total of all active and inactive participants2010-01-011,282
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-011,282
Number of participants with account balances2010-01-011,213
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0159
2009: THORATEC CORPORATION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,280
Total number of active participants reported on line 7a of the Form 55002009-01-011,140
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01207
Total of all active and inactive participants2009-01-011,347
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-011,347
Number of participants with account balances2009-01-011,153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0141

Financial Data on THORATEC CORPORATION 401(K) PLAN

Measure Date Value
2016 : THORATEC CORPORATION 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-05-04$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-05-04$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-05-04$0
Total income from all sources (including contributions)2016-05-04$-1,581,934
Total loss/gain on sale of assets2016-05-04$0
Total of all expenses incurred2016-05-04$61,413,373
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-05-04$61,364,903
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-05-04$0
Value of total assets at end of year2016-05-04$0
Value of total assets at beginning of year2016-05-04$62,995,307
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-05-04$48,470
Total interest from all sources2016-05-04$0
Total dividends received (eg from common stock, registered investment company shares)2016-05-04$11,382
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-05-04Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-05-04$0
Total dividends received from registered investment company shares (eg mutual funds)2016-05-04$11,382
Administrative expenses professional fees incurred2016-05-04$45,434
Was this plan covered by a fidelity bond2016-05-04Yes
Value of fidelity bond cover2016-05-04$3,000,000
If this is an individual account plan, was there a blackout period2016-05-04No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-05-04$0
Were there any nonexempt tranactions with any party-in-interest2016-05-04No
Participant contributions at end of year2016-05-04$0
Participant contributions at beginning of year2016-05-04$27,912
Administrative expenses (other) incurred2016-05-04$3,036
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-05-04No
Value of net income/loss2016-05-04$-62,995,307
Value of net assets at end of year (total assets less liabilities)2016-05-04$0
Value of net assets at beginning of year (total assets less liabilities)2016-05-04$62,995,307
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-05-04No
Were any loans by the plan or fixed income obligations due to the plan in default2016-05-04No
Were any leases to which the plan was party in default or uncollectible2016-05-04No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-05-04$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-05-04$60,009,889
Value of interest in common/collective trusts at end of year2016-05-04$0
Value of interest in common/collective trusts at beginning of year2016-05-04$2,957,506
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-05-04$-1,603,480
Net investment gain or loss from common/collective trusts2016-05-04$10,164
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-05-04No
Was there a failure to transmit to the plan any participant contributions2016-05-04No
Has the plan failed to provide any benefit when due under the plan2016-05-04No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-05-04$61,364,903
Did the plan have assets held for investment2016-05-04No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-05-04No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-05-04Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-05-04Yes
Opinion of an independent qualified public accountant for this plan2016-05-04Disclaimer
Accountancy firm name2016-05-04MOSS ADAMS LLP
Accountancy firm EIN2016-05-04910189318
2015 : THORATEC CORPORATION 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$10,082,450
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$43,631,611
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$43,534,612
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$10,109,806
Value of total assets at end of year2015-12-31$62,995,307
Value of total assets at beginning of year2015-12-31$96,544,468
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$96,999
Total interest from all sources2015-12-31$43,354
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$3,531,825
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$3,531,825
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$3,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$6,282,737
Participant contributions at end of year2015-12-31$27,912
Participant contributions at beginning of year2015-12-31$1,278,685
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$1,818,948
Administrative expenses (other) incurred2015-12-31$24,200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-33,549,161
Value of net assets at end of year (total assets less liabilities)2015-12-31$62,995,307
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$96,544,468
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$62,799
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$60,009,889
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$90,856,915
Interest on participant loans2015-12-31$43,354
Value of interest in common/collective trusts at end of year2015-12-31$2,957,506
Value of interest in common/collective trusts at beginning of year2015-12-31$4,281,601
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-3,614,148
Net investment gain or loss from common/collective trusts2015-12-31$11,613
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$2,008,121
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$127,267
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$43,534,612
Contract administrator fees2015-12-31$10,000
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MOSS ADAMS LLP
Accountancy firm EIN2015-12-31910189318
2014 : THORATEC CORPORATION 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$15,907,505
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$4,514,285
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$4,433,235
Value of total corrective distributions2014-12-31$325
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$10,663,791
Value of total assets at end of year2014-12-31$96,544,468
Value of total assets at beginning of year2014-12-31$85,151,248
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$80,725
Total interest from all sources2014-12-31$47,710
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$4,140,562
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$4,140,562
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$3,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$7,501,982
Participant contributions at end of year2014-12-31$1,278,685
Participant contributions at beginning of year2014-12-31$1,198,157
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$646,230
Administrative expenses (other) incurred2014-12-31$25,605
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$11,393,220
Value of net assets at end of year (total assets less liabilities)2014-12-31$96,544,468
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$85,151,248
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$55,120
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$90,856,915
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$79,528,828
Interest on participant loans2014-12-31$47,710
Value of interest in common/collective trusts at end of year2014-12-31$4,281,601
Value of interest in common/collective trusts at beginning of year2014-12-31$4,306,877
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$973,228
Net investment gain or loss from common/collective trusts2014-12-31$82,214
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$2,515,579
Employer contributions (assets) at end of year2014-12-31$127,267
Employer contributions (assets) at beginning of year2014-12-31$117,386
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$4,433,235
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31MOSS ADAMS LLP
Accountancy firm EIN2014-12-31910189318
2013 : THORATEC CORPORATION 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$24,590,115
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$4,739,395
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$4,671,848
Value of total corrective distributions2013-12-31$1,666
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$10,977,669
Value of total assets at end of year2013-12-31$85,151,248
Value of total assets at beginning of year2013-12-31$65,300,528
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$65,881
Total interest from all sources2013-12-31$41,879
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$3,135,946
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$3,135,946
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$6,925,390
Participant contributions at end of year2013-12-31$1,198,157
Participant contributions at beginning of year2013-12-31$908,599
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$1,713,588
Administrative expenses (other) incurred2013-12-31$6,537
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$19,850,720
Value of net assets at end of year (total assets less liabilities)2013-12-31$85,151,248
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$65,300,528
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
Investment advisory and management fees2013-12-31$59,344
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$79,528,828
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$59,864,561
Interest on participant loans2013-12-31$41,879
Value of interest in common/collective trusts at end of year2013-12-31$4,306,877
Value of interest in common/collective trusts at beginning of year2013-12-31$4,443,736
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$10,475,489
Net investment gain or loss from common/collective trusts2013-12-31$-40,868
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$2,338,691
Employer contributions (assets) at end of year2013-12-31$117,386
Employer contributions (assets) at beginning of year2013-12-31$83,632
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$4,671,848
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MOSS ADAMS LLP
Accountancy firm EIN2013-12-31910189318
2012 : THORATEC 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$17,072,081
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$3,529,509
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$3,481,482
Value of total corrective distributions2012-12-31$1,982
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$9,442,362
Value of total assets at end of year2012-12-31$65,300,528
Value of total assets at beginning of year2012-12-31$51,757,956
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$46,045
Total interest from all sources2012-12-31$34,065
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$1,412,240
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$1,412,240
Administrative expenses professional fees incurred2012-12-31$22,819
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$5,675,013
Participant contributions at end of year2012-12-31$908,599
Participant contributions at beginning of year2012-12-31$739,915
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$1,708,324
Administrative expenses (other) incurred2012-12-31$3,207
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$13,542,572
Value of net assets at end of year (total assets less liabilities)2012-12-31$65,300,528
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$51,757,956
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
Investment advisory and management fees2012-12-31$20,019
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$59,864,561
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$46,359,442
Interest on participant loans2012-12-31$34,065
Value of interest in common/collective trusts at end of year2012-12-31$4,443,736
Value of interest in common/collective trusts at beginning of year2012-12-31$4,572,025
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$6,064,987
Net investment gain or loss from common/collective trusts2012-12-31$118,427
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$2,059,025
Employer contributions (assets) at end of year2012-12-31$83,632
Employer contributions (assets) at beginning of year2012-12-31$86,574
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$3,481,482
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 name2012-12-31MOSS ADAMS LLP
Accountancy firm EIN2012-12-31910189318
2011 : THORATEC 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$6,384,185
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$17,688,644
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$17,634,760
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$7,357,002
Value of total assets at end of year2011-12-31$51,757,956
Value of total assets at beginning of year2011-12-31$63,062,415
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$53,884
Total interest from all sources2011-12-31$34,734
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$1,052,791
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$1,052,791
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$4,863,503
Participant contributions at end of year2011-12-31$739,915
Participant contributions at beginning of year2011-12-31$877,666
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$685,030
Administrative expenses (other) incurred2011-12-31$5,393
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-11,304,459
Value of net assets at end of year (total assets less liabilities)2011-12-31$51,757,956
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$63,062,415
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
Investment advisory and management fees2011-12-31$48,491
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$46,359,442
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$56,510,269
Interest on participant loans2011-12-31$34,734
Value of interest in common/collective trusts at end of year2011-12-31$4,572,025
Value of interest in common/collective trusts at beginning of year2011-12-31$5,602,200
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-2,156,109
Net investment gain or loss from common/collective trusts2011-12-31$95,767
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$1,808,469
Employer contributions (assets) at end of year2011-12-31$86,574
Employer contributions (assets) at beginning of year2011-12-31$72,280
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$17,634,760
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 name2011-12-31MOHLER, NIXON & WILLIAMS
Accountancy firm EIN2011-12-31770106234
2010 : THORATEC 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$16,777,678
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$6,152,547
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$6,138,447
Value of total corrective distributions2010-12-31$7,567
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$8,907,493
Value of total assets at end of year2010-12-31$63,062,415
Value of total assets at beginning of year2010-12-31$52,437,284
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$6,533
Total interest from all sources2010-12-31$40,996
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$873,322
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$873,322
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$6,332,309
Participant contributions at end of year2010-12-31$877,666
Participant contributions at beginning of year2010-12-31$843,370
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$12,129
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$414,735
Administrative expenses (other) incurred2010-12-31$6,533
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$10,625,131
Value of net assets at end of year (total assets less liabilities)2010-12-31$63,062,415
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$52,437,284
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$56,510,269
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$45,701,454
Interest on participant loans2010-12-31$40,996
Value of interest in common/collective trusts at end of year2010-12-31$5,602,200
Value of interest in common/collective trusts at beginning of year2010-12-31$5,798,661
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$6,713,109
Net investment gain or loss from common/collective trusts2010-12-31$242,758
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
Contributions received in cash from employer2010-12-31$2,160,449
Employer contributions (assets) at end of year2010-12-31$72,280
Employer contributions (assets) at beginning of year2010-12-31$81,670
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$6,138,447
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 name2010-12-31MOHLER, NIXON & WILLIAMS
Accountancy firm EIN2010-12-31770106234
2009 : THORATEC CORPORATION 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THORATEC CORPORATION 401(K) PLAN

2016: THORATEC CORPORATION 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THORATEC CORPORATION 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THORATEC CORPORATION 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THORATEC 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 filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THORATEC CORPORATION 401(K) 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 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: THORATEC 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
2010: THORATEC CORPORATION 401(K) 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: THORATEC CORPORATION 401(K) 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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