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AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN 401k Plan overview

Plan NameAXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN
Plan identification number 002

AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).

401k Sponsoring company profile

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

Company Name:POREX HOLDING CORPORATION
Employer identification number (EIN):271120278
NAIC Classification:326100

Additional information about POREX HOLDING CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 4728118

More information about POREX HOLDING CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-01-01VCTOR MARRERO VICTOR MARRERO2013-10-09
0022011-01-01VICTOR MARRERO

Plan Statistics for AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN

401k plan membership statisitcs for AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN

Measure Date Value
2012: AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0197
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-0139
Number of other retired or separated participants entitled to future benefits2012-01-0150
Total of all active and inactive participants2012-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-018
Total participants2012-01-0197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-010
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-0137
Number of other retired or separated participants entitled to future benefits2011-01-0152
Total of all active and inactive participants2011-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-018
Total participants2011-01-0197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN

Measure Date Value
2012 : AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN 2012 401k financial data
Total plan liabilities at beginning of year2012-12-31$94,000
Total income from all sources2012-12-31$307,273
Expenses. Total of all expenses incurred2012-12-31$111,909
Benefits paid (including direct rollovers)2012-12-31$89,729
Total plan assets at end of year2012-12-31$1,319,249
Total plan assets at beginning of year2012-12-31$1,217,885
Value of fidelity bond covering the plan2012-12-31$5,000,000
Other income received2012-12-31$146,769
Net income (gross income less expenses)2012-12-31$195,364
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,319,249
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,123,885
Total contributions received or receivable from employer(s)2012-12-31$160,504
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$22,180
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$94,000
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$232,878
Expenses. Total of all expenses incurred2011-12-31$197,669
Benefits paid (including direct rollovers)2011-12-31$178,039
Total plan assets at end of year2011-12-31$1,217,885
Total plan assets at beginning of year2011-12-31$1,088,676
Value of fidelity bond covering the plan2011-12-31$5,000,000
Other income received2011-12-31$24,429
Net income (gross income less expenses)2011-12-31$35,209
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,123,885
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,088,676
Total contributions received or receivable from employer(s)2011-12-31$208,449
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$19,630
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0

Form 5500 Responses for AXIA INC. HOURLY EMPLOYEES RETIREMENT PLAN

2012: AXIA INC. HOURLY EMPLOYEES RETIREMENT 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: AXIA INC. HOURLY EMPLOYEES RETIREMENT 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes

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