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RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameRKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN
Plan identification number 002

RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • 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

RKI INSTRUMENTS INC has sponsored the creation of one or more 401k plans.

Company Name:RKI INSTRUMENTS INC
Employer identification number (EIN):943207984
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01SANDRA GALLAGHER
0022013-01-01SANDRA GALLAGHER
0022012-01-01SANDRA GALLAGHER
0022011-01-01SANDRA GALLAGHER

Plan Statistics for RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2017: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-07-113,754,988
Acturial value of plan assets2017-07-113,754,988
Funding target for retired participants and beneficiaries receiving payment2017-07-110
Number of terminated vested participants2017-07-1111
Fundng target for terminated vested participants2017-07-1129,296
Active participant vested funding target2017-07-112,399,923
Number of active participants2017-07-1166
Total funding liabilities for active participants2017-07-112,842,894
Total participant count2017-07-1177
Total funding target for all participants2017-07-112,872,190
Balance at beginning of prior year after applicable adjustments2017-07-110
Prefunding balance at beginning of prior year after applicable adjustments2017-07-11119,925
Carryover balanced portion elected for use to offset prior years funding requirement2017-07-110
Prefunding balanced used to offset prior years funding requirement2017-07-110
Amount remaining of carryover balance2017-07-110
Amount remaining of prefunding balance2017-07-11119,925
Present value of excess contributions2017-07-11579,196
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-07-11612,036
Balance of carryovers at beginning of current year2017-07-110
Balance of prefunding at beginning of current year2017-07-11128,943
Total employer contributions2017-07-110
Total employee contributions2017-07-110
Contributions allocated toward unpaid minimum require contributions from prior years2017-07-110
Contributions made to avoid restrictions adjusted to valuation date2017-07-110
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-07-110
Unpaid minimum required contributions for all prior years2017-07-110
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-07-110
Remaining amount of unpaid minimum required contributions2017-07-110
Minimum required contributions for current year target normal cost2017-07-110
Net shortfall amortization installment of oustanding balance2017-07-110
Waiver amortization installment2017-07-110
Waived amount of outstanding balance2017-07-110
Total funding amount beforereflecting carryover/prefunding balances2017-07-110
Additional cash requirement2017-07-110
Contributions allocatedtoward minimum required contributions for current year2017-07-110
Unpaid minimum required contributions for current year2017-07-110
Unpaid minimum required contributions for all years2017-07-110
Total participants, beginning-of-year2017-01-0176
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-312,758,835
Acturial value of plan assets2016-12-312,758,835
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-3110
Fundng target for terminated vested participants2016-12-3123,855
Active participant vested funding target2016-12-312,242,466
Number of active participants2016-12-3166
Total funding liabilities for active participants2016-12-312,249,575
Total participant count2016-12-3176
Total funding target for all participants2016-12-312,273,430
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31125,144
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 balance2016-12-310
Amount remaining of prefunding balance2016-12-31125,144
Present value of excess contributions2016-12-31579,196
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31579,196
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31119,925
Total employer contributions2016-12-311,000,000
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 date2016-12-31994,839
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 cost2016-12-317,470
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31994,839
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0176
Total number of active participants reported on line 7a of the Form 55002016-01-0166
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0110
Total of all active and inactive participants2016-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0171
Total number of active participants reported on line 7a of the Form 55002015-01-0167
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-019
Total of all active and inactive participants2015-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0168
Total number of active participants reported on line 7a of the Form 55002014-01-0164
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015
Total of all active and inactive participants2014-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0166
Total number of active participants reported on line 7a of the Form 55002013-01-0165
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-013
2012: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0158
Total number of active participants reported on line 7a of the Form 55002012-01-0163
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0163
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0161
Total number of active participants reported on line 7a of the Form 55002011-01-0158
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0158
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014

Financial Data on RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2017 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2017 401k financial data
Transfers to/from the plan2017-07-11$-417,398
Total plan liabilities at end of year2017-07-11$0
Total plan liabilities at beginning of year2017-07-11$0
Total income from all sources2017-07-11$223,340
Expenses. Total of all expenses incurred2017-07-11$3,564,777
Benefits paid (including direct rollovers)2017-07-11$3,564,777
Total plan assets at end of year2017-07-11$0
Total plan assets at beginning of year2017-07-11$3,758,835
Value of fidelity bond covering the plan2017-07-11$500,000
Total contributions received or receivable from participants2017-07-11$0
Expenses. Other expenses not covered elsewhere2017-07-11$0
Contributions received from other sources (not participants or employers)2017-07-11$0
Other income received2017-07-11$223,340
Noncash contributions received2017-07-11$0
Net income (gross income less expenses)2017-07-11$-3,341,437
Net plan assets at end of year (total assets less liabilities)2017-07-11$0
Net plan assets at beginning of year (total assets less liabilities)2017-07-11$3,758,835
Total contributions received or receivable from employer(s)2017-07-11$0
Value of certain deemed distributions of participant loans2017-07-11$0
Value of corrective distributions2017-07-11$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-07-11$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-07-11$0
2016 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$1,183,355
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$3,758,835
Total plan assets at beginning of year2016-12-31$2,575,480
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$183,355
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$1,183,355
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,758,835
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,575,480
Total contributions received or receivable from employer(s)2016-12-31$1,000,000
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$572,264
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$2,575,480
Total plan assets at beginning of year2015-12-31$2,003,216
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-77,736
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$572,264
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,575,480
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,003,216
Total contributions received or receivable from employer(s)2015-12-31$650,000
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$525,722
Expenses. Total of all expenses incurred2014-12-31$896
Benefits paid (including direct rollovers)2014-12-31$826
Total plan assets at end of year2014-12-31$2,003,216
Total plan assets at beginning of year2014-12-31$1,478,390
Value of fidelity bond covering the plan2014-12-31$250,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$70
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$25,722
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$524,826
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,003,216
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,478,390
Total contributions received or receivable from employer(s)2014-12-31$500,000
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$547,431
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$1,478,390
Total plan assets at beginning of year2013-12-31$930,959
Value of fidelity bond covering the plan2013-12-31$250,000
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$47,431
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$547,431
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,478,390
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$930,959
Total contributions received or receivable from employer(s)2013-12-31$500,000
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$514,815
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$930,959
Total plan assets at beginning of year2012-12-31$416,144
Value of fidelity bond covering the plan2012-12-31$250,000
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$14,815
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$514,815
Net plan assets at end of year (total assets less liabilities)2012-12-31$930,959
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$416,144
Total contributions received or receivable from employer(s)2012-12-31$500,000
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$416,144
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$416,144
Total plan assets at beginning of year2011-12-31$0
Value of fidelity bond covering the plan2011-12-31$250,000
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$0
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$416,144
Net plan assets at end of year (total assets less liabilities)2011-12-31$416,144
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$0
Total contributions received or receivable from employer(s)2011-12-31$416,144
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0

Form 5500 Responses for RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN

2017: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION 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 filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION 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: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION 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: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION 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: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION 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: RKI INSTRUMENTS INC. DEFINED BENEFIT PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01First time form 5500 has been submittedYes
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

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