401k Plan data: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE plan

BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 401k Plan overview

Plan Name	BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE
Plan identification number	021

BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Benefits are primarily flat dollar (includes dollars per year of service)
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name: BAYER CORPORATION

Employer identification number (EIN): 251339219

NAIC Classification: 325410

Additional information about BAYER CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2531577

More information about BAYER CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
021 2012-01-01 ALEXANDER VERSFELD ALEXANDER VERSFELD 2013-10-14
021 2011-01-01 CLAUS FEY CLAUS FEY 2012-10-12
021 2009-01-01 KEITH ABRAMS

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
021	2012-01-01	ALEXANDER VERSFELD	ALEXANDER VERSFELD	2013-10-14
021	2011-01-01	CLAUS FEY	CLAUS FEY	2012-10-12
021	2009-01-01	KEITH ABRAMS

Plan Statistics for BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE

401k plan membership statisitcs for BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE

Measure Date Value
2012: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2012 401k membership
Total participants, beginning-of-year 2012-01-01 880
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2011 401k membership
Total participants, beginning-of-year 2011-01-01 895
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 237
Number of retired or separated participants receiving benefits 2011-01-01 500
Number of other retired or separated participants entitled to future benefits 2011-01-01 44
Total of all active and inactive participants 2011-01-01 781
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 99
Total participants 2011-01-01 880
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2009 401k membership
Total participants, beginning-of-year 2009-01-01 909
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 240
Number of retired or separated participants receiving benefits 2009-01-01 505
Number of other retired or separated participants entitled to future benefits 2009-01-01 47
Total of all active and inactive participants 2009-01-01 792
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 106
Total participants 2009-01-01 898
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2012: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2012 401k membership
Total participants, beginning-of-year	2012-01-01	880
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2011 401k membership
Total participants, beginning-of-year	2011-01-01	895
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	237
Number of retired or separated participants receiving benefits	2011-01-01	500
Number of other retired or separated participants entitled to future benefits	2011-01-01	44
Total of all active and inactive participants	2011-01-01	781
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	99
Total participants	2011-01-01	880
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2009 401k membership
Total participants, beginning-of-year	2009-01-01	909
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	240
Number of retired or separated participants receiving benefits	2009-01-01	505
Number of other retired or separated participants entitled to future benefits	2009-01-01	47
Total of all active and inactive participants	2009-01-01	792
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	106
Total participants	2009-01-01	898
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE

Measure	Date	Value
2012 : BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$109,711,760
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$12,897,792
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$8,590,671
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$8,590,671
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$0
Value of total assets at end of year	2012-12-31	$0
Value of total assets at beginning of year	2012-12-31	$105,404,639
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$0
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-12-31	$0
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$4,307,121
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$105,404,639
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in master investment trust accounts at end of year	2012-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2012-12-31	$105,404,639
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$8,590,671
Did the plan have assets held for investment	2012-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	URISH POPECK & CO., LLC
Accountancy firm EIN	2012-12-31	251306171
2011 : BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$4,487,437
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$8,383,167
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$8,383,167
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$105,404,639
Value of total assets at beginning of year	2011-12-31	$109,300,369
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$0
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-3,895,730
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$105,404,639
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$109,300,369
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in master investment trust accounts at end of year	2011-12-31	$105,404,639
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$93,880,369
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Employer contributions (assets) at end of year	2011-12-31	$0
Employer contributions (assets) at beginning of year	2011-12-31	$15,420,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$8,383,167
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	URISH POPECK & CO.,LLC
Accountancy firm EIN	2011-12-31	251306171
2010 : BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$26,766,789
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$8,507,747
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$8,507,747
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$15,420,000
Value of total assets at end of year	2010-12-31	$109,300,369
Value of total assets at beginning of year	2010-12-31	$91,041,327
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$0
Total interest from all sources	2010-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$18,259,042
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$109,300,369
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$91,041,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in master investment trust accounts at end of year	2010-12-31	$93,880,369
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$82,939,327
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$15,420,000
Employer contributions (assets) at end of year	2010-12-31	$15,420,000
Employer contributions (assets) at beginning of year	2010-12-31	$8,102,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$8,507,747
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	URISH POPECK & CO., LLC
Accountancy firm EIN	2010-12-31	251306171
2009 : BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE

2012: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: BAYER CORPORATION HOURLY-PAID EMPLOYEES PENSION PLAN-NEW MARTINSVILLE 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BAYER CORPORATION
Employer identification number (EIN):	251339219
NAIC Classification:	325410

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2531577