Logo

ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 401k Plan overview

Plan NameALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN
Plan identification number 025

ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.

401k Sponsoring company profile

ALBANY INTERNATIONAL CORP. has sponsored the creation of one or more 401k plans.

Company Name:ALBANY INTERNATIONAL CORP.
Employer identification number (EIN):140462060
NAIC Classification:314000
NAIC Description: Textile Product Mills

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0252022-01-01
0252021-01-01
0252021-01-01
0252020-01-01
0252019-01-01
0252018-01-01
0252017-01-01PHILOMENA PITS CAROL LASCALA2018-10-12
0252016-01-01PHILOMENA PITTS CAROL LASCALA2017-10-13
0252015-01-01PHILOMENA PITTS CAROL LASCALA2016-10-17
0252014-01-01PHILOMENA PITTS CAROL LASCALA2015-10-13
0252013-01-01CAROL LASCALA DAVID PAWLICK2014-10-03
0252012-01-01CAROL LASCALA DAVID PAWLICK2013-10-09
0252011-01-01CAROL LASCALA DAVID PAWLICK2012-07-30
0252009-01-01CAROL LASCALA DAVID PAWLICK2010-10-14

Plan Statistics for ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN

401k plan membership statisitcs for ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN

Measure Date Value
2022: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012,646
Total number of active participants reported on line 7a of the Form 55002022-01-011,784
Number of retired or separated participants receiving benefits2022-01-0198
Number of other retired or separated participants entitled to future benefits2022-01-01893
Total of all active and inactive participants2022-01-012,775
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0117
Total participants2022-01-012,792
Number of participants with account balances2022-01-012,703
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012,990
Total number of active participants reported on line 7a of the Form 55002021-01-011,603
Number of retired or separated participants receiving benefits2021-01-0188
Number of other retired or separated participants entitled to future benefits2021-01-01938
Total of all active and inactive participants2021-01-012,629
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0117
Total participants2021-01-012,646
Number of participants with account balances2021-01-012,563
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013,020
Total number of active participants reported on line 7a of the Form 55002020-01-011,756
Number of retired or separated participants receiving benefits2020-01-0186
Number of other retired or separated participants entitled to future benefits2020-01-011,134
Total of all active and inactive participants2020-01-012,976
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0114
Total participants2020-01-012,990
Number of participants with account balances2020-01-012,916
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,858
Total number of active participants reported on line 7a of the Form 55002019-01-011,976
Number of retired or separated participants receiving benefits2019-01-0184
Number of other retired or separated participants entitled to future benefits2019-01-01949
Total of all active and inactive participants2019-01-013,009
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0111
Total participants2019-01-013,020
Number of participants with account balances2019-01-012,957
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012,711
Total number of active participants reported on line 7a of the Form 55002018-01-011,913
Number of retired or separated participants receiving benefits2018-01-0177
Number of other retired or separated participants entitled to future benefits2018-01-01858
Total of all active and inactive participants2018-01-012,848
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0110
Total participants2018-01-012,858
Number of participants with account balances2018-01-012,801
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012,596
Total number of active participants reported on line 7a of the Form 55002017-01-011,824
Number of retired or separated participants receiving benefits2017-01-0168
Number of other retired or separated participants entitled to future benefits2017-01-01809
Total of all active and inactive participants2017-01-012,701
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0110
Total participants2017-01-012,711
Number of participants with account balances2017-01-012,645
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012,057
Total number of active participants reported on line 7a of the Form 55002016-01-011,823
Number of retired or separated participants receiving benefits2016-01-0166
Number of other retired or separated participants entitled to future benefits2016-01-01698
Total of all active and inactive participants2016-01-012,587
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-019
Total participants2016-01-012,596
Number of participants with account balances2016-01-012,542
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012,033
Total number of active participants reported on line 7a of the Form 55002015-01-011,389
Number of retired or separated participants receiving benefits2015-01-0164
Number of other retired or separated participants entitled to future benefits2015-01-01600
Total of all active and inactive participants2015-01-012,053
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-014
Total participants2015-01-012,057
Number of participants with account balances2015-01-012,032
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012,092
Total number of active participants reported on line 7a of the Form 55002014-01-011,389
Number of retired or separated participants receiving benefits2014-01-0157
Number of other retired or separated participants entitled to future benefits2014-01-01585
Total of all active and inactive participants2014-01-012,031
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-012
Total participants2014-01-012,033
Number of participants with account balances2014-01-012,030
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012,016
Total number of active participants reported on line 7a of the Form 55002013-01-011,389
Number of retired or separated participants receiving benefits2013-01-0153
Number of other retired or separated participants entitled to future benefits2013-01-01648
Total of all active and inactive participants2013-01-012,090
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-012,092
Number of participants with account balances2013-01-012,079
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012,097
Total number of active participants reported on line 7a of the Form 55002012-01-011,329
Number of retired or separated participants receiving benefits2012-01-0150
Number of other retired or separated participants entitled to future benefits2012-01-01634
Total of all active and inactive participants2012-01-012,013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-013
Total participants2012-01-012,016
Number of participants with account balances2012-01-012,001
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012,035
Total number of active participants reported on line 7a of the Form 55002011-01-011,424
Number of retired or separated participants receiving benefits2011-01-0142
Number of other retired or separated participants entitled to future benefits2011-01-01628
Total of all active and inactive participants2011-01-012,094
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-013
Total participants2011-01-012,097
Number of participants with account balances2011-01-012,061
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012,404
Total number of active participants reported on line 7a of the Form 55002009-01-011,378
Number of retired or separated participants receiving benefits2009-01-0136
Number of other retired or separated participants entitled to future benefits2009-01-01745
Total of all active and inactive participants2009-01-012,159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012,159
Number of participants with account balances2009-01-012,143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN

Measure Date Value
2022 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$2,291,029
Total unrealized appreciation/depreciation of assets2022-12-31$2,291,029
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-32,674,480
Total loss/gain on sale of assets2022-12-31$129,764
Total of all expenses incurred2022-12-31$37,017,651
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$36,554,643
Expenses. Certain deemed distributions of participant loans2022-12-31$115,071
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$30,568,947
Value of total assets at end of year2022-12-31$398,492,463
Value of total assets at beginning of year2022-12-31$468,184,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$347,937
Total interest from all sources2022-12-31$275,131
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$6,282,238
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$6,060,302
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$19,550,925
Participant contributions at end of year2022-12-31$5,793,276
Participant contributions at beginning of year2022-12-31$6,161,104
Assets. Other investments not covered elsewhere at end of year2022-12-31$595,883
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$684,038
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$4,048
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Other income not declared elsewhere2022-12-31$-760,891
Administrative expenses (other) incurred2022-12-31$347,937
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-69,692,131
Value of net assets at end of year (total assets less liabilities)2022-12-31$398,492,463
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$468,184,594
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$172,936,283
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$388,150,304
Interest on participant loans2022-12-31$275,131
Value of interest in common/collective trusts at end of year2022-12-31$188,646,105
Value of interest in common/collective trusts at beginning of year2022-12-31$40,321,027
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$1,716,335
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$598,516
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$598,516
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-49,681,921
Net investment gain or loss from common/collective trusts2022-12-31$-21,778,777
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$22,619,300
Assets. Invements in employer securities at beginning of year2022-12-31$24,762,661
Contributions received in cash from employer2022-12-31$11,018,022
Employer contributions (assets) at end of year2022-12-31$4,451,998
Employer contributions (assets) at beginning of year2022-12-31$4,732,186
Income. Dividends from common stock2022-12-31$221,936
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$36,550,595
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$1,733,283
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$2,774,758
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$4,909,132
Aggregate carrying amount (costs) on sale of assets2022-12-31$4,779,368
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31KPMG LLP
Accountancy firm EIN2022-12-31135565207
2021 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$4,144,866
Total unrealized appreciation/depreciation of assets2021-12-31$4,144,866
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$269,044
Total income from all sources (including contributions)2021-12-31$85,805,157
Total loss/gain on sale of assets2021-12-31$678,786
Total of all expenses incurred2021-12-31$40,053,513
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$39,658,051
Value of total corrective distributions2021-12-31$17,679
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$25,738,900
Value of total assets at end of year2021-12-31$468,184,594
Value of total assets at beginning of year2021-12-31$422,701,994
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$377,783
Total interest from all sources2021-12-31$286,156
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$16,066,089
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$15,804,230
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$14,849,419
Participant contributions at end of year2021-12-31$6,161,104
Participant contributions at beginning of year2021-12-31$6,109,845
Assets. Other investments not covered elsewhere at end of year2021-12-31$684,038
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$581,780
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$37,002
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$269,044
Other income not declared elsewhere2021-12-31$486,045
Administrative expenses (other) incurred2021-12-31$377,783
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$45,751,644
Value of net assets at end of year (total assets less liabilities)2021-12-31$468,184,594
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$422,432,950
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$388,150,304
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$341,345,024
Interest on participant loans2021-12-31$286,156
Value of interest in common/collective trusts at end of year2021-12-31$40,321,027
Value of interest in common/collective trusts at beginning of year2021-12-31$40,152,130
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$598,516
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$1,313,683
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$1,313,683
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$37,832,577
Net investment gain or loss from common/collective trusts2021-12-31$571,738
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$24,762,661
Assets. Invements in employer securities at beginning of year2021-12-31$25,447,419
Contributions received in cash from employer2021-12-31$10,889,481
Employer contributions (assets) at end of year2021-12-31$4,732,186
Employer contributions (assets) at beginning of year2021-12-31$3,817,366
Income. Dividends from common stock2021-12-31$261,859
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$39,621,049
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$2,774,758
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$3,934,747
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$5,978,317
Aggregate carrying amount (costs) on sale of assets2021-12-31$5,299,531
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31KPMG LLP
Accountancy firm EIN2021-12-31135565207
2020 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-588,718
Total unrealized appreciation/depreciation of assets2020-12-31$-588,718
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$269,044
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$68,611,868
Total loss/gain on sale of assets2020-12-31$-1,064,135
Total of all expenses incurred2020-12-31$30,312,539
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$29,915,271
Value of total corrective distributions2020-12-31$41,904
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$23,860,443
Value of total assets at end of year2020-12-31$422,701,994
Value of total assets at beginning of year2020-12-31$384,133,621
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$355,364
Total interest from all sources2020-12-31$331,908
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$8,500,529
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$8,075,255
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$13,585,022
Participant contributions at end of year2020-12-31$6,109,845
Participant contributions at beginning of year2020-12-31$6,574,888
Assets. Other investments not covered elsewhere at end of year2020-12-31$581,780
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$398,024
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$72
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$269,044
Other income not declared elsewhere2020-12-31$3,922
Administrative expenses (other) incurred2020-12-31$355,364
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$38,299,329
Value of net assets at end of year (total assets less liabilities)2020-12-31$422,432,950
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$384,133,621
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$341,345,024
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$301,182,566
Interest on participant loans2020-12-31$329,597
Interest earned on other investments2020-12-31$2,311
Value of interest in common/collective trusts at end of year2020-12-31$40,152,130
Value of interest in common/collective trusts at beginning of year2020-12-31$36,869,782
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$1,313,683
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,590,788
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,590,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$36,695,474
Net investment gain or loss from common/collective trusts2020-12-31$872,445
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$25,447,419
Assets. Invements in employer securities at beginning of year2020-12-31$30,939,740
Contributions received in cash from employer2020-12-31$10,275,421
Employer contributions (assets) at end of year2020-12-31$3,817,366
Employer contributions (assets) at beginning of year2020-12-31$3,726,306
Income. Dividends from common stock2020-12-31$425,274
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$29,915,199
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$3,934,747
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$2,851,527
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$4,058,564
Aggregate carrying amount (costs) on sale of assets2020-12-31$5,122,699
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31KPMG LLP
Accountancy firm EIN2020-12-31135565207
2019 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$5,803,140
Total unrealized appreciation/depreciation of assets2019-12-31$5,803,140
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$92,607,841
Total loss/gain on sale of assets2019-12-31$798,988
Total of all expenses incurred2019-12-31$31,900,246
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$31,545,032
Value of total corrective distributions2019-12-31$27,887
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$25,307,313
Value of total assets at end of year2019-12-31$384,133,621
Value of total assets at beginning of year2019-12-31$323,426,026
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$327,327
Total interest from all sources2019-12-31$341,128
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$10,975,702
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$10,510,787
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$14,798,228
Participant contributions at end of year2019-12-31$6,574,888
Participant contributions at beginning of year2019-12-31$6,126,384
Assets. Other investments not covered elsewhere at end of year2019-12-31$398,024
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$565,924
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$13,405
Other income not declared elsewhere2019-12-31$36,100
Administrative expenses (other) incurred2019-12-31$327,327
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$60,707,595
Value of net assets at end of year (total assets less liabilities)2019-12-31$384,133,621
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$323,426,026
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$301,182,566
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$245,832,988
Interest on participant loans2019-12-31$333,238
Interest earned on other investments2019-12-31$7,890
Value of interest in common/collective trusts at end of year2019-12-31$36,869,782
Value of interest in common/collective trusts at beginning of year2019-12-31$35,593,393
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,590,788
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$685,064
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$685,064
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$48,462,271
Net investment gain or loss from common/collective trusts2019-12-31$883,199
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$30,939,740
Assets. Invements in employer securities at beginning of year2019-12-31$28,453,287
Contributions received in cash from employer2019-12-31$10,509,085
Employer contributions (assets) at end of year2019-12-31$3,726,306
Employer contributions (assets) at beginning of year2019-12-31$3,094,128
Income. Dividends from common stock2019-12-31$464,915
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$31,531,627
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$2,851,527
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$3,074,858
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$4,326,469
Aggregate carrying amount (costs) on sale of assets2019-12-31$3,527,481
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31KPMG LLP
Accountancy firm EIN2019-12-31135565207
2018 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-312,929
Total unrealized appreciation/depreciation of assets2018-12-31$-312,929
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$3,532
Total income from all sources (including contributions)2018-12-31$7,299,457
Total loss/gain on sale of assets2018-12-31$571,118
Total of all expenses incurred2018-12-31$26,304,024
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$25,960,629
Expenses. Certain deemed distributions of participant loans2018-12-31$23,214
Value of total corrective distributions2018-12-31$22,290
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$22,311,016
Value of total assets at end of year2018-12-31$323,426,026
Value of total assets at beginning of year2018-12-31$342,434,125
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$297,891
Total interest from all sources2018-12-31$291,504
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$9,364,875
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$8,844,229
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$12,952,248
Participant contributions at end of year2018-12-31$6,126,384
Participant contributions at beginning of year2018-12-31$5,762,094
Assets. Other investments not covered elsewhere at end of year2018-12-31$565,924
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$216,529
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$407
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$3,532
Other income not declared elsewhere2018-12-31$17,023
Administrative expenses (other) incurred2018-12-31$297,891
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-19,004,567
Value of net assets at end of year (total assets less liabilities)2018-12-31$323,426,026
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$342,430,593
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$245,832,988
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$262,398,155
Interest on participant loans2018-12-31$291,504
Value of interest in common/collective trusts at end of year2018-12-31$35,593,393
Value of interest in common/collective trusts at beginning of year2018-12-31$36,478,096
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$685,064
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-25,710,298
Net investment gain or loss from common/collective trusts2018-12-31$767,148
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$28,453,287
Assets. Invements in employer securities at beginning of year2018-12-31$33,386,298
Contributions received in cash from employer2018-12-31$9,358,768
Employer contributions (assets) at end of year2018-12-31$3,094,128
Employer contributions (assets) at beginning of year2018-12-31$2,131,867
Income. Dividends from common stock2018-12-31$520,646
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$25,960,222
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$3,074,858
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$2,061,086
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$6,489,501
Aggregate carrying amount (costs) on sale of assets2018-12-31$5,918,383
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31KPMG LLP
Accountancy firm EIN2018-12-31135565207
2017 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$8,403,826
Total unrealized appreciation/depreciation of assets2017-12-31$8,403,826
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$3,532
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$70,500,592
Total loss/gain on sale of assets2017-12-31$528,444
Total of all expenses incurred2017-12-31$20,976,108
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$20,698,122
Expenses. Certain deemed distributions of participant loans2017-12-31$829
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$21,593,314
Value of total assets at end of year2017-12-31$342,434,125
Value of total assets at beginning of year2017-12-31$292,906,109
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$277,157
Total interest from all sources2017-12-31$245,308
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$7,952,365
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$7,414,472
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$12,976,146
Participant contributions at end of year2017-12-31$5,762,094
Participant contributions at beginning of year2017-12-31$5,241,036
Assets. Other investments not covered elsewhere at end of year2017-12-31$216,529
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$49,971
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$497,862
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$3,532
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$867
Administrative expenses (other) incurred2017-12-31$277,157
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$49,524,484
Value of net assets at end of year (total assets less liabilities)2017-12-31$342,430,593
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$292,906,109
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$262,398,155
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$217,763,130
Interest on participant loans2017-12-31$245,308
Value of interest in common/collective trusts at end of year2017-12-31$36,478,096
Value of interest in common/collective trusts at beginning of year2017-12-31$39,317,394
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$31,068,479
Net investment gain or loss from common/collective trusts2017-12-31$707,989
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$33,386,298
Assets. Invements in employer securities at beginning of year2017-12-31$27,490,144
Contributions received in cash from employer2017-12-31$8,119,306
Employer contributions (assets) at end of year2017-12-31$2,131,867
Employer contributions (assets) at beginning of year2017-12-31$2,642,259
Income. Dividends from common stock2017-12-31$537,893
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$20,698,122
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$2,061,086
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$402,175
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$4,551,272
Aggregate carrying amount (costs) on sale of assets2017-12-31$4,022,828
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31KPMG LLP
Accountancy firm EIN2017-12-31135565207
2016 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$5,924,904
Total unrealized appreciation/depreciation of assets2016-12-31$5,924,904
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$9,955
Total income from all sources (including contributions)2016-12-31$47,679,680
Total loss/gain on sale of assets2016-12-31$553,212
Total of all expenses incurred2016-12-31$33,379,384
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$33,126,776
Expenses. Certain deemed distributions of participant loans2016-12-31$-2,856
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$21,596,314
Value of total assets at end of year2016-12-31$292,906,109
Value of total assets at beginning of year2016-12-31$278,615,768
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$255,464
Total interest from all sources2016-12-31$224,580
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$6,550,769
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$6,053,208
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$11,441,528
Participant contributions at end of year2016-12-31$5,241,036
Participant contributions at beginning of year2016-12-31$5,330,994
Assets. Other investments not covered elsewhere at end of year2016-12-31$49,971
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$162,648
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$1,993,534
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$9,955
Other income not declared elsewhere2016-12-31$52,386
Administrative expenses (other) incurred2016-12-31$255,464
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$14,300,296
Value of net assets at end of year (total assets less liabilities)2016-12-31$292,906,109
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$278,605,813
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$217,763,130
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$201,309,496
Interest on participant loans2016-12-31$224,580
Value of interest in common/collective trusts at end of year2016-12-31$39,317,394
Value of interest in common/collective trusts at beginning of year2016-12-31$43,196,741
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$12,679,132
Net investment gain or loss from common/collective trusts2016-12-31$98,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
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
Assets. Invements in employer securities at end of year2016-12-31$27,490,144
Assets. Invements in employer securities at beginning of year2016-12-31$25,243,739
Contributions received in cash from employer2016-12-31$8,161,252
Employer contributions (assets) at end of year2016-12-31$2,642,259
Employer contributions (assets) at beginning of year2016-12-31$2,202,538
Income. Dividends from common stock2016-12-31$497,561
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$33,126,776
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$402,175
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$1,169,612
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
Aggregate proceeds on sale of assets2016-12-31$5,821,909
Aggregate carrying amount (costs) on sale of assets2016-12-31$5,268,697
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31KPMG LLP
Accountancy firm EIN2016-12-31135565207
2015 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-1,253,970
Total unrealized appreciation/depreciation of assets2015-12-31$-1,253,970
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$9,955
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$1,567
Total income from all sources (including contributions)2015-12-31$13,718,290
Total loss/gain on sale of assets2015-12-31$-31,845
Total of all expenses incurred2015-12-31$19,090,582
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$18,914,620
Expenses. Certain deemed distributions of participant loans2015-12-31$8,866
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$16,944,134
Value of total assets at end of year2015-12-31$278,615,768
Value of total assets at beginning of year2015-12-31$283,979,672
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$167,096
Total interest from all sources2015-12-31$231,017
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$5,394,115
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$4,831,445
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$10,025,896
Participant contributions at end of year2015-12-31$5,330,994
Participant contributions at beginning of year2015-12-31$5,444,101
Assets. Other investments not covered elsewhere at end of year2015-12-31$162,648
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$9,955
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$1,567
Other income not declared elsewhere2015-12-31$5,085
Administrative expenses (other) incurred2015-12-31$167,096
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-5,372,292
Value of net assets at end of year (total assets less liabilities)2015-12-31$278,605,813
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$283,978,105
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$201,309,496
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$127,729,038
Interest on participant loans2015-12-31$231,017
Value of interest in common/collective trusts at end of year2015-12-31$43,196,741
Value of interest in common/collective trusts at beginning of year2015-12-31$118,422,274
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-9,811,330
Net investment gain or loss from common/collective trusts2015-12-31$2,241,084
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
Assets. Invements in employer securities at end of year2015-12-31$25,243,739
Assets. Invements in employer securities at beginning of year2015-12-31$29,696,065
Contributions received in cash from employer2015-12-31$6,918,238
Employer contributions (assets) at end of year2015-12-31$2,202,538
Employer contributions (assets) at beginning of year2015-12-31$1,670,511
Income. Dividends from common stock2015-12-31$562,670
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$18,914,620
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$1,169,612
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$1,017,683
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$5,821,579
Aggregate carrying amount (costs) on sale of assets2015-12-31$5,853,424
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 name2015-12-31KPMG LLP
Accountancy firm EIN2015-12-31135565207
2014 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$1,509,868
Total unrealized appreciation/depreciation of assets2014-12-31$1,509,868
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,567
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$9,502
Total income from all sources (including contributions)2014-12-31$33,050,495
Total loss/gain on sale of assets2014-12-31$238,551
Total of all expenses incurred2014-12-31$21,634,622
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$21,476,921
Expenses. Certain deemed distributions of participant loans2014-12-31$7,390
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$14,596,000
Value of total assets at end of year2014-12-31$283,979,672
Value of total assets at beginning of year2014-12-31$272,571,734
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$150,311
Total interest from all sources2014-12-31$229,287
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$5,363,661
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$4,762,068
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$8,583,342
Participant contributions at end of year2014-12-31$5,444,101
Participant contributions at beginning of year2014-12-31$5,090,691
Assets. Other investments not covered elsewhere at end of year2014-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$7,339
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$1,567
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$9,502
Other income not declared elsewhere2014-12-31$22,798
Administrative expenses (other) incurred2014-12-31$150,311
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$11,415,873
Value of net assets at end of year (total assets less liabilities)2014-12-31$283,978,105
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$272,562,232
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$127,729,038
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$118,811,745
Interest on participant loans2014-12-31$229,287
Value of interest in common/collective trusts at end of year2014-12-31$118,422,274
Value of interest in common/collective trusts at beginning of year2014-12-31$114,383,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$5,378,236
Net investment gain or loss from common/collective trusts2014-12-31$5,712,094
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
Assets. Invements in employer securities at end of year2014-12-31$29,696,065
Assets. Invements in employer securities at beginning of year2014-12-31$32,167,951
Contributions received in cash from employer2014-12-31$6,012,658
Employer contributions (assets) at end of year2014-12-31$1,670,511
Employer contributions (assets) at beginning of year2014-12-31$1,468,652
Income. Dividends from common stock2014-12-31$601,593
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$21,476,921
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$1,017,683
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$642,343
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$7,880,688
Aggregate carrying amount (costs) on sale of assets2014-12-31$7,642,137
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 name2014-12-31KPMG LLP
Accountancy firm EIN2014-12-31135565207
2013 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$11,350,291
Total unrealized appreciation/depreciation of assets2013-12-31$11,350,291
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$9,502
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$60,981,890
Total loss/gain on sale of assets2013-12-31$2,266,187
Total of all expenses incurred2013-12-31$19,505,312
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$19,425,925
Expenses. Certain deemed distributions of participant loans2013-12-31$192
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$13,785,523
Value of total assets at end of year2013-12-31$272,571,734
Value of total assets at beginning of year2013-12-31$231,085,654
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$79,195
Total interest from all sources2013-12-31$203,269
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$5,173,910
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$4,714,144
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$7,739,447
Participant contributions at end of year2013-12-31$5,090,691
Participant contributions at beginning of year2013-12-31$4,204,521
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$471,854
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$7,339
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$411
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$9,502
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Other income not declared elsewhere2013-12-31$10,470
Administrative expenses (other) incurred2013-12-31$79,195
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$41,476,578
Value of net assets at end of year (total assets less liabilities)2013-12-31$272,562,232
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$231,085,654
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$118,811,745
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$151,209,725
Interest on participant loans2013-12-31$203,269
Value of interest in common/collective trusts at end of year2013-12-31$114,383,013
Value of interest in common/collective trusts at beginning of year2013-12-31$48,140,818
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$28,582,775
Net investment gain or loss from common/collective trusts2013-12-31$-390,535
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$32,167,951
Assets. Invements in employer securities at beginning of year2013-12-31$25,209,623
Contributions received in cash from employer2013-12-31$5,574,222
Employer contributions (assets) at end of year2013-12-31$1,468,652
Employer contributions (assets) at beginning of year2013-12-31$1,847,993
Income. Dividends from common stock2013-12-31$459,766
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$19,425,925
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$642,343
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$472,563
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$16,594,469
Aggregate carrying amount (costs) on sale of assets2013-12-31$14,328,282
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2013-12-31134008324
2012 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$-458,831
Total unrealized appreciation/depreciation of assets2012-12-31$-458,831
Total transfer of assets from this plan2012-12-31$909,613
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$4,819
Total income from all sources (including contributions)2012-12-31$34,982,004
Total loss/gain on sale of assets2012-12-31$-368,996
Total of all expenses incurred2012-12-31$30,537,546
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$30,491,130
Expenses. Certain deemed distributions of participant loans2012-12-31$-9,026
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$13,781,755
Value of total assets at end of year2012-12-31$231,085,654
Value of total assets at beginning of year2012-12-31$227,555,628
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$55,442
Total interest from all sources2012-12-31$186,253
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$5,017,419
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$4,161,855
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$7,346,299
Participant contributions at end of year2012-12-31$4,204,521
Participant contributions at beginning of year2012-12-31$4,452,250
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$762,361
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$411
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$4,246
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$4,819
Other income not declared elsewhere2012-12-31$22,404
Administrative expenses (other) incurred2012-12-31$55,442
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$4,444,458
Value of net assets at end of year (total assets less liabilities)2012-12-31$231,085,654
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$227,550,809
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$151,209,725
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$140,268,601
Interest on participant loans2012-12-31$186,253
Value of interest in common/collective trusts at end of year2012-12-31$48,140,818
Value of interest in common/collective trusts at beginning of year2012-12-31$50,027,980
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$15,669,658
Net investment gain or loss from common/collective trusts2012-12-31$1,132,342
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$25,209,623
Assets. Invements in employer securities at beginning of year2012-12-31$30,045,707
Contributions received in cash from employer2012-12-31$5,673,095
Employer contributions (assets) at end of year2012-12-31$1,847,993
Employer contributions (assets) at beginning of year2012-12-31$2,088,211
Income. Dividends from common stock2012-12-31$855,564
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$30,491,130
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$472,563
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$668,633
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$15,285,633
Aggregate carrying amount (costs) on sale of assets2012-12-31$15,654,629
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2012-12-31134008324
2011 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-1,117,126
Total unrealized appreciation/depreciation of assets2011-12-31$-1,117,126
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$4,819
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$10,757
Total income from all sources (including contributions)2011-12-31$14,802,417
Total loss/gain on sale of assets2011-12-31$1,106,269
Total of all expenses incurred2011-12-31$15,843,055
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$15,810,068
Expenses. Certain deemed distributions of participant loans2011-12-31$-1,661
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$13,691,048
Value of total assets at end of year2011-12-31$227,555,628
Value of total assets at beginning of year2011-12-31$228,602,204
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$34,648
Total interest from all sources2011-12-31$208,825
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$4,363,599
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$3,591,480
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$7,586,076
Participant contributions at end of year2011-12-31$4,452,250
Participant contributions at beginning of year2011-12-31$4,016,387
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$141,661
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$4,246
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$4,819
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$10,757
Other income not declared elsewhere2011-12-31$1,492
Administrative expenses (other) incurred2011-12-31$34,648
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-1,040,638
Value of net assets at end of year (total assets less liabilities)2011-12-31$227,550,809
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$228,591,447
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$140,268,601
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$144,944,141
Interest on participant loans2011-12-31$208,825
Value of interest in common/collective trusts at end of year2011-12-31$50,027,980
Value of interest in common/collective trusts at beginning of year2011-12-31$38,527,002
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-5,433,560
Net investment gain or loss from common/collective trusts2011-12-31$1,981,870
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$30,045,707
Assets. Invements in employer securities at beginning of year2011-12-31$37,636,048
Contributions received in cash from employer2011-12-31$5,963,311
Employer contributions (assets) at end of year2011-12-31$2,088,211
Employer contributions (assets) at beginning of year2011-12-31$1,898,869
Income. Dividends from common stock2011-12-31$772,119
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$15,810,068
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$668,633
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$1,579,757
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$21,320,427
Aggregate carrying amount (costs) on sale of assets2011-12-31$20,214,158
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 name2011-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2011-12-31134008324
2010 : ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$2,552,880
Total unrealized appreciation/depreciation of assets2010-12-31$2,552,880
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$10,757
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$36,188,331
Total loss/gain on sale of assets2010-12-31$-340,902
Total of all expenses incurred2010-12-31$29,368,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$29,342,124
Expenses. Certain deemed distributions of participant loans2010-12-31$9,154
Value of total corrective distributions2010-12-31$395
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$13,722,667
Value of total assets at end of year2010-12-31$228,602,204
Value of total assets at beginning of year2010-12-31$221,771,521
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$16,732
Total interest from all sources2010-12-31$217,010
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$4,336,771
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$3,546,235
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$7,964,268
Participant contributions at end of year2010-12-31$4,016,387
Participant contributions at beginning of year2010-12-31$3,978,074
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$42,040
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$4,178
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$10,757
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Other income not declared elsewhere2010-12-31$7,196
Administrative expenses (other) incurred2010-12-31$16,732
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$6,819,926
Value of net assets at end of year (total assets less liabilities)2010-12-31$228,591,447
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$221,771,521
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$144,944,141
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$138,198,755
Interest on participant loans2010-12-31$217,010
Value of interest in common/collective trusts at end of year2010-12-31$38,527,002
Value of interest in common/collective trusts at beginning of year2010-12-31$40,466,994
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$13,989,114
Net investment gain or loss from common/collective trusts2010-12-31$1,703,595
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 contributions2010-12-31Yes
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$37,636,048
Assets. Invements in employer securities at beginning of year2010-12-31$36,004,798
Contributions received in cash from employer2010-12-31$5,758,399
Employer contributions (assets) at end of year2010-12-31$1,898,869
Employer contributions (assets) at beginning of year2010-12-31$1,926,403
Income. Dividends from common stock2010-12-31$790,536
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$29,337,946
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$1,579,757
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$1,154,457
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$14,567,421
Aggregate carrying amount (costs) on sale of assets2010-12-31$14,908,323
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 name2010-12-31PRICEWATERHOUSECOOPERS LPP
Accountancy firm EIN2010-12-31134008324

Form 5500 Responses for ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN

2022: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS 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 filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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 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: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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: ALBANY INTERNATIONAL CORP. PROSPERITY PLUS 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

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1