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PENSION PLAN OF RODALE INC. 401k Plan overview

Plan NamePENSION PLAN OF RODALE INC.
Plan identification number 001

PENSION PLAN OF RODALE INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:RODALE INC.
Employer identification number (EIN):474596101
NAIC Classification:511120
NAIC Description:Periodical Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN OF RODALE INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01MICHELLE BURKMAN

Plan Statistics for PENSION PLAN OF RODALE INC.

401k plan membership statisitcs for PENSION PLAN OF RODALE INC.

Measure Date Value
2016: PENSION PLAN OF RODALE INC. 2016 401k membership
Market value of plan assets2016-12-3186,461,143
Acturial value of plan assets2016-12-3190,742,965
Funding target for retired participants and beneficiaries receiving payment2016-12-3142,917,099
Number of terminated vested participants2016-12-31755
Fundng target for terminated vested participants2016-12-3139,850,493
Active participant vested funding target2016-12-3116,729,706
Number of active participants2016-12-31246
Total funding liabilities for active participants2016-12-3116,959,143
Total participant count2016-12-311,433
Total funding target for all participants2016-12-3199,726,735
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-310
Present value of excess contributions2016-12-31270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31287
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-314,691,885
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 date2016-12-314,473,718
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31845,000
Net shortfall amortization installment of oustanding balance2016-12-318,983,770
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-314,472,901
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-314,472,901
Contributions allocatedtoward minimum required contributions for current year2016-12-314,473,718
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-011,433
Total number of active participants reported on line 7a of the Form 55002016-01-01218
Number of retired or separated participants receiving benefits2016-01-01424
Number of other retired or separated participants entitled to future benefits2016-01-01345
Total of all active and inactive participants2016-01-01987
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0140
Total participants2016-01-011,027
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on PENSION PLAN OF RODALE INC.

Measure Date Value
2016 : PENSION PLAN OF RODALE INC. 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$38,604
Total income from all sources (including contributions)2016-12-31$9,257,237
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$34,594,724
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$33,203,313
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$4,691,885
Value of total assets at end of year2016-12-31$61,111,394
Value of total assets at beginning of year2016-12-31$86,487,485
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,391,411
Total interest from all sources2016-12-31$5,046
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$715
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$3
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$38,604
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$1,292,004
Total non interest bearing cash at end of year2016-12-31$3,270
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-25,337,487
Value of net assets at end of year (total assets less liabilities)2016-12-31$61,111,394
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$86,448,881
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$99,407
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$113
Value of interest in common/collective trusts at end of year2016-12-31$59,438,249
Value of interest in common/collective trusts at beginning of year2016-12-31$84,621,707
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$366,568
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$366,568
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$5,046
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$4,560,306
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$4,691,885
Employer contributions (assets) at end of year2016-12-31$1,669,160
Employer contributions (assets) at beginning of year2016-12-31$1,499,094
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$33,203,313
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2016-12-31390859910

Form 5500 Responses for PENSION PLAN OF RODALE INC.

2016: PENSION PLAN OF RODALE INC. 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

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