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HOVENSA EMPLOYEES' SAVINGS PLAN 401k Plan overview

Plan NameHOVENSA EMPLOYEES' SAVINGS PLAN
Plan identification number 002

HOVENSA EMPLOYEES' SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.

401k Sponsoring company profile

HOVENSA L.L.C. has sponsored the creation of one or more 401k plans.

Company Name:HOVENSA L.L.C.
Employer identification number (EIN):980191354
NAIC Classification:324110
NAIC Description:Petroleum Refineries

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HOVENSA EMPLOYEES' SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01MATTHEW KAHN
0022015-01-01MATTHEW KAHN
0022014-01-01BRENT SCHWARTZ
0022013-01-01DAVID LUTTERBACH
0022012-01-01DAVID LUTTERBACH
0022011-01-01DAVID LUTTERBACH
0022009-01-01 DAVID LUTTERBACH2010-10-15
0022009-01-01DAVID LUTTERBACH

Plan Statistics for HOVENSA EMPLOYEES' SAVINGS PLAN

401k plan membership statisitcs for HOVENSA EMPLOYEES' SAVINGS PLAN

Measure Date Value
2016: HOVENSA EMPLOYEES' SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011,207
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: HOVENSA EMPLOYEES' SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01532
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011,184
Total of all active and inactive participants2015-01-011,184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0123
Total participants2015-01-011,207
Number of participants with account balances2015-01-011,207
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: HOVENSA EMPLOYEES' SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01682
Total number of active participants reported on line 7a of the Form 55002014-01-01123
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01409
Total of all active and inactive participants2014-01-01532
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01532
Number of participants with account balances2014-01-01120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: HOVENSA EMPLOYEES' SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01932
Total number of active participants reported on line 7a of the Form 55002013-01-01135
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01523
Total of all active and inactive participants2013-01-01658
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-0124
Total participants2013-01-01682
Number of participants with account balances2013-01-01657
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: HOVENSA EMPLOYEES' SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,415
Total number of active participants reported on line 7a of the Form 55002012-01-01160
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01770
Total of all active and inactive participants2012-01-01930
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-01932
Number of participants with account balances2012-01-01932
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: HOVENSA EMPLOYEES' SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,516
Total number of active participants reported on line 7a of the Form 55002011-01-011,175
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01238
Total of all active and inactive participants2011-01-011,413
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-011,415
Number of participants with account balances2011-01-011,370
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: HOVENSA EMPLOYEES' SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,523
Total number of active participants reported on line 7a of the Form 55002009-01-011,323
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01157
Total of all active and inactive participants2009-01-011,480
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-018
Total participants2009-01-011,488
Number of participants with account balances2009-01-011,417
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on HOVENSA EMPLOYEES' SAVINGS PLAN

Measure Date Value
2016 : HOVENSA EMPLOYEES' SAVINGS PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-10-07$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-07$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-10-07$111,425
Total income from all sources (including contributions)2016-10-07$652,127
Total loss/gain on sale of assets2016-10-07$394,151
Total of all expenses incurred2016-10-07$64,898,597
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-10-07$64,898,597
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-10-07$0
Value of total assets at end of year2016-10-07$0
Value of total assets at beginning of year2016-10-07$64,357,895
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-10-07$0
Total interest from all sources2016-10-07$0
Total dividends received (eg from common stock, registered investment company shares)2016-10-07$98,888
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-10-07Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-10-07$0
Total dividends received from registered investment company shares (eg mutual funds)2016-10-07$76,824
Was this plan covered by a fidelity bond2016-10-07Yes
Value of fidelity bond cover2016-10-07$100,000,000
If this is an individual account plan, was there a blackout period2016-10-07No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-10-07$0
Were there any nonexempt tranactions with any party-in-interest2016-10-07No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-10-07$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-10-07$1,995
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-10-07$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-10-07$8,120
Liabilities. Value of operating payables at end of year2016-10-07$0
Liabilities. Value of operating payables at beginning of year2016-10-07$103,305
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-07No
Value of net income/loss2016-10-07$-64,246,470
Value of net assets at end of year (total assets less liabilities)2016-10-07$0
Value of net assets at beginning of year (total assets less liabilities)2016-10-07$64,246,470
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-10-07No
Were any loans by the plan or fixed income obligations due to the plan in default2016-10-07No
Were any leases to which the plan was party in default or uncollectible2016-10-07No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-10-07$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-10-07$60,867,182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-10-07$159,088
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-10-07No
Was there a failure to transmit to the plan any participant contributions2016-10-07No
Has the plan failed to provide any benefit when due under the plan2016-10-07No
Assets. Invements in employer securities at end of year2016-10-07$0
Assets. Invements in employer securities at beginning of year2016-10-07$3,488,718
Income. Dividends from common stock2016-10-07$22,064
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-10-07$64,898,597
Did the plan have assets held for investment2016-10-07No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-10-07No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-10-07Yes
Aggregate proceeds on sale of assets2016-10-07$3,976,347
Aggregate carrying amount (costs) on sale of assets2016-10-07$3,582,196
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-10-07No
Opinion of an independent qualified public accountant for this plan2016-10-07Unqualified
Accountancy firm name2016-10-07ERNST & YOUNG
Accountancy firm EIN2016-10-07346565596
2015 : HOVENSA EMPLOYEES' SAVINGS PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-1,802,923
Total unrealized appreciation/depreciation of assets2015-12-31$-1,802,923
Total transfer of assets from this plan2015-12-31$1,453,814
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$111,425
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$265,073
Total income from all sources (including contributions)2015-12-31$-1,255,730
Total loss/gain on sale of assets2015-12-31$-155,903
Total of all expenses incurred2015-12-31$25,509,110
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$25,479,382
Expenses. Certain deemed distributions of participant loans2015-12-31$-73,577
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$402,612
Value of total assets at end of year2015-12-31$64,357,895
Value of total assets at beginning of year2015-12-31$92,730,197
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$103,305
Total interest from all sources2015-12-31$12,914
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$2,293,834
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$2,217,213
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$100,000,000
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$266,629
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$1,167,758
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$1,995
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$917
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$8,120
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$265,073
Other income not declared elsewhere2015-12-31$367,802
Administrative expenses (other) incurred2015-12-31$103,305
Liabilities. Value of operating payables at end of year2015-12-31$103,305
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-26,764,840
Value of net assets at end of year (total assets less liabilities)2015-12-31$64,246,470
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$92,465,124
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$60,867,182
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$84,655,882
Interest on participant loans2015-12-31$12,914
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-2,374,066
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 contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$3,488,718
Assets. Invements in employer securities at beginning of year2015-12-31$6,905,640
Contributions received in cash from employer2015-12-31$135,983
Income. Dividends from common stock2015-12-31$76,621
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$25,479,382
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
Aggregate proceeds on sale of assets2015-12-31$1,562,556
Aggregate carrying amount (costs) on sale of assets2015-12-31$1,718,459
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31ERNST & YOUNG
Accountancy firm EIN2015-12-31346565596
2014 : HOVENSA EMPLOYEES' SAVINGS PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-863,300
Total unrealized appreciation/depreciation of assets2014-12-31$-863,300
Total transfer of assets from this plan2014-12-31$492,691
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$265,073
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$239,003
Total income from all sources (including contributions)2014-12-31$5,532,330
Total loss/gain on sale of assets2014-12-31$-24,775
Total of all expenses incurred2014-12-31$18,911,021
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$18,899,941
Expenses. Certain deemed distributions of participant loans2014-12-31$9,521
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,556,319
Value of total assets at end of year2014-12-31$92,730,197
Value of total assets at beginning of year2014-12-31$106,575,509
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,559
Total interest from all sources2014-12-31$53,089
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,639,342
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$2,541,251
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$100,000,000
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$958,794
Participant contributions at end of year2014-12-31$1,167,758
Participant contributions at beginning of year2014-12-31$1,298,721
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$917
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$873
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$265,073
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$239,003
Other income not declared elsewhere2014-12-31$71,780
Administrative expenses (other) incurred2014-12-31$1,559
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-13,378,691
Value of net assets at end of year (total assets less liabilities)2014-12-31$92,465,124
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$106,336,506
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$84,655,882
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$96,641,674
Interest on participant loans2014-12-31$53,089
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$2,099,875
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 contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$6,905,640
Assets. Invements in employer securities at beginning of year2014-12-31$8,634,241
Contributions received in cash from employer2014-12-31$597,525
Income. Dividends from common stock2014-12-31$98,091
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$18,899,941
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
Aggregate proceeds on sale of assets2014-12-31$949,623
Aggregate carrying amount (costs) on sale of assets2014-12-31$974,398
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31ERNST & YOUNG
Accountancy firm EIN2014-12-31346565596
2013 : HOVENSA EMPLOYEES' SAVINGS PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$981,704
Total unrealized appreciation/depreciation of assets2013-12-31$981,704
Total transfer of assets from this plan2013-12-31$2,360,087
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$239,003
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$364,619
Total income from all sources (including contributions)2013-12-31$19,183,808
Total loss/gain on sale of assets2013-12-31$328,006
Total of all expenses incurred2013-12-31$37,467,673
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$37,469,043
Expenses. Certain deemed distributions of participant loans2013-12-31$-4,365
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,806,865
Value of total assets at end of year2013-12-31$106,575,509
Value of total assets at beginning of year2013-12-31$127,345,077
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$2,995
Total interest from all sources2013-12-31$60,028
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$2,998,469
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$2,923,631
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$100,000,000
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$1,144,438
Participant contributions at end of year2013-12-31$1,298,721
Participant contributions at beginning of year2013-12-31$5,529,484
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$873
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$3,166
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$239,003
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$364,619
Other income not declared elsewhere2013-12-31$81,075
Administrative expenses (other) incurred2013-12-31$2,995
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-18,283,865
Value of net assets at end of year (total assets less liabilities)2013-12-31$106,336,506
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$126,980,458
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$96,641,674
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$115,355,261
Interest on participant loans2013-12-31$60,028
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$71
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$71
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$12,927,661
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
Assets. Invements in employer securities at end of year2013-12-31$8,634,241
Assets. Invements in employer securities at beginning of year2013-12-31$6,457,095
Contributions received in cash from employer2013-12-31$662,427
Income. Dividends from common stock2013-12-31$74,838
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$37,469,043
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
Aggregate proceeds on sale of assets2013-12-31$1,385,373
Aggregate carrying amount (costs) on sale of assets2013-12-31$1,057,367
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31ERNST & YOUNG
Accountancy firm EIN2013-12-31346565596
2012 : HOVENSA EMPLOYEES' SAVINGS PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$-472,005
Total unrealized appreciation/depreciation of assets2012-12-31$-472,005
Total transfer of assets from this plan2012-12-31$2,224,163
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$364,619
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$50,155
Total income from all sources (including contributions)2012-12-31$21,836,874
Total loss/gain on sale of assets2012-12-31$-98,207
Total of all expenses incurred2012-12-31$44,644,750
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$44,763,097
Expenses. Certain deemed distributions of participant loans2012-12-31$-122,307
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$7,279,408
Value of total assets at end of year2012-12-31$127,345,077
Value of total assets at beginning of year2012-12-31$152,062,652
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$3,960
Total interest from all sources2012-12-31$424,800
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$2,445,688
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$2,393,457
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$100,000,000
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$4,465,155
Participant contributions at end of year2012-12-31$5,529,484
Participant contributions at beginning of year2012-12-31$11,284,552
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$3,166
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$17,357
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$364,619
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$50,155
Other income not declared elsewhere2012-12-31$96,732
Administrative expenses (other) incurred2012-12-31$3,960
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-22,807,876
Value of net assets at end of year (total assets less liabilities)2012-12-31$126,980,458
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$152,012,497
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$115,355,261
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$131,831,231
Interest on participant loans2012-12-31$424,800
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$71
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$785,869
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$785,869
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$12,160,458
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$6,457,095
Assets. Invements in employer securities at beginning of year2012-12-31$8,143,643
Contributions received in cash from employer2012-12-31$2,814,253
Income. Dividends from common stock2012-12-31$52,231
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$44,763,097
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
Aggregate proceeds on sale of assets2012-12-31$1,228,802
Aggregate carrying amount (costs) on sale of assets2012-12-31$1,327,009
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31ERNST & YOUNG
Accountancy firm EIN2012-12-31346565596
2011 : HOVENSA EMPLOYEES' SAVINGS PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-2,809,240
Total unrealized appreciation/depreciation of assets2011-12-31$-2,809,240
Total transfer of assets from this plan2011-12-31$457,399
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$50,155
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$420,979
Total income from all sources (including contributions)2011-12-31$10,327,859
Total loss/gain on sale of assets2011-12-31$-47,520
Total of all expenses incurred2011-12-31$16,561,676
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$15,896,838
Expenses. Certain deemed distributions of participant loans2011-12-31$642,223
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$15,602,611
Value of total assets at end of year2011-12-31$152,062,652
Value of total assets at beginning of year2011-12-31$159,124,692
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$22,615
Total interest from all sources2011-12-31$509,883
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$2,470,773
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$2,410,830
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$100,000,000
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$9,637,753
Participant contributions at end of year2011-12-31$11,284,552
Participant contributions at beginning of year2011-12-31$11,334,095
Participant contributions at beginning of year2011-12-31$324,040
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$182,815
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$17,357
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$19,942
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$50,155
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$420,979
Other income not declared elsewhere2011-12-31$232,413
Administrative expenses (other) incurred2011-12-31$22,615
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-6,233,817
Value of net assets at end of year (total assets less liabilities)2011-12-31$152,012,497
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$158,703,713
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$131,831,231
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$134,777,480
Interest on participant loans2011-12-31$509,883
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$785,869
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-5,631,061
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$8,143,643
Assets. Invements in employer securities at beginning of year2011-12-31$12,426,728
Contributions received in cash from employer2011-12-31$5,782,043
Employer contributions (assets) at beginning of year2011-12-31$242,407
Income. Dividends from common stock2011-12-31$59,943
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$15,896,838
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$1,544,296
Aggregate carrying amount (costs) on sale of assets2011-12-31$1,591,816
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31ERNST & YOUNG
Accountancy firm EIN2011-12-31346565596
2010 : HOVENSA EMPLOYEES' SAVINGS PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$2,662,476
Total unrealized appreciation/depreciation of assets2010-12-31$2,662,476
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$420,979
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$138,089
Total income from all sources (including contributions)2010-12-31$35,116,088
Total loss/gain on sale of assets2010-12-31$-187,768
Total of all expenses incurred2010-12-31$13,092,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$13,063,395
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$17,165,435
Value of total assets at end of year2010-12-31$159,124,692
Value of total assets at beginning of year2010-12-31$136,818,085
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$28,976
Total interest from all sources2010-12-31$572,733
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$2,063,921
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$1,994,898
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$100,000,000
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$10,594,852
Participant contributions at end of year2010-12-31$11,334,095
Participant contributions at beginning of year2010-12-31$10,547,778
Participant contributions at end of year2010-12-31$324,040
Participant contributions at beginning of year2010-12-31$291,814
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$205,981
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$19,942
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$18,784
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$420,979
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$138,089
Other income not declared elsewhere2010-12-31$0
Administrative expenses (other) incurred2010-12-31$28,976
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$22,023,717
Value of net assets at end of year (total assets less liabilities)2010-12-31$158,703,713
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$136,679,996
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$134,777,480
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$114,386,293
Interest on participant loans2010-12-31$572,733
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$12,839,291
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$12,426,728
Assets. Invements in employer securities at beginning of year2010-12-31$11,362,390
Contributions received in cash from employer2010-12-31$6,364,602
Employer contributions (assets) at end of year2010-12-31$242,407
Employer contributions (assets) at beginning of year2010-12-31$211,026
Income. Dividends from common stock2010-12-31$69,023
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$13,063,395
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$1,761,599
Aggregate carrying amount (costs) on sale of assets2010-12-31$1,949,367
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31ERNST & YOUNG
Accountancy firm EIN2010-12-31346565596
2009 : HOVENSA EMPLOYEES' SAVINGS 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 HOVENSA EMPLOYEES' SAVINGS PLAN

2016: HOVENSA EMPLOYEES' SAVINGS 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: HOVENSA EMPLOYEES' SAVINGS 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: HOVENSA EMPLOYEES' SAVINGS 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: HOVENSA EMPLOYEES' SAVINGS 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: HOVENSA EMPLOYEES' SAVINGS 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: HOVENSA EMPLOYEES' SAVINGS 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
2009: HOVENSA EMPLOYEES' SAVINGS 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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