KONGSBERG DRIVELINE SYSTEMS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN
401k plan membership statisitcs for KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN
| Measure | Date | Value |
|---|
| 2011: KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 26 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 0 |
| Total of all active and inactive participants | 2011-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
| Total participants | 2011-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
| 2010: KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-01-01 | 325 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 26 |
| Total of all active and inactive participants | 2010-01-01 | 26 |
| Total participants | 2010-01-01 | 26 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
| 2009: KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 337 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 325 |
| Total of all active and inactive participants | 2009-01-01 | 325 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 325 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2011 : KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $15,000 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $16,392 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $16,223 |
| Total plan assets at end of year | 2011-12-31 | $0 |
| Total plan assets at beginning of year | 2011-12-31 | $1,392 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $169 |
| Net income (gross income less expenses) | 2011-12-31 | $-1,392 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,392 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $15,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| 2010 : KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 2010 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $33,631 |
| Total of all expenses incurred | 2010-12-31 | $169,218 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $169,218 |
| Value of total assets at end of year | 2010-12-31 | $35,023 |
| Value of total assets at beginning of year | 2010-12-31 | $170,610 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2010-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2010-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $-29,000 |
| Minimum employer required contribution for this plan year | 2010-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $29,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $33,631 |
| Total non interest bearing cash at end of year | 2010-12-31 | $35,023 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $170,610 |
| 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 | $-169,218 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,392 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $170,610 |
| 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 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $169,218 |
| 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 |
| 2011: KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 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 | Yes |
| 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 | No |
| 2011-01-01 | Plan funding arrangement – Trust | Yes |
| 2011-01-01 | Plan benefit arrangement - Trust | Yes |
| 2010: KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 2010 form 5500 responses |
|---|
| 2010-01-01 | Type of plan entity | Single employer plan |
| 2010-01-01 | Submission has been amended | No |
| 2010-01-01 | This submission is the final filing | No |
| 2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2010-01-01 | Plan is a collectively bargained plan | No |
| 2010-01-01 | Plan funding arrangement – Trust | Yes |
| 2010-01-01 | Plan benefit arrangement - Trust | Yes |
| 2009: KONGSBERG DRIVELINE SYSTEMS HOURLY EMPLOYEES' PENSION PLAN 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 | No |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement - Trust | Yes |
