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WALTERS POWER INTERNATIONAL 401K PLAN 401k Plan overview

Plan NameWALTERS POWER INTERNATIONAL 401K PLAN
Plan identification number 001

WALTERS POWER INTERNATIONAL 401K 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WALTERS POWER INTERNATIONAL has sponsored the creation of one or more 401k plans.

Company Name:WALTERS POWER INTERNATIONAL
Employer identification number (EIN):274432634
NAIC Classification:221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WALTERS POWER INTERNATIONAL 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01DAVID WALTERS2020-09-24
0012018-01-01JANA SANDERS2019-09-25
0012017-01-01
0012016-01-01ALAN SIMPSON
0012015-01-01ALAN SIMPSON
0012014-01-01DANIEL R WILLIAMS2015-09-24
0012013-01-01DANIEL WILLIAMS
0012012-01-01ALAN SIMPSON
0012011-01-01ALAN SIMPSON

Plan Statistics for WALTERS POWER INTERNATIONAL 401K PLAN

401k plan membership statisitcs for WALTERS POWER INTERNATIONAL 401K PLAN

Measure Date Value
2019: WALTERS POWER INTERNATIONAL 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0117
Total number of active participants reported on line 7a of the Form 55002019-01-0115
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0117
Number of participants with account balances2019-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: WALTERS POWER INTERNATIONAL 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0115
Total number of active participants reported on line 7a of the Form 55002018-01-0113
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-012
Total of all active and inactive participants2018-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0115
Number of participants with account balances2018-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: WALTERS POWER INTERNATIONAL 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0116
Total number of active participants reported on line 7a of the Form 55002017-01-0113
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0115
Number of participants with account balances2017-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: WALTERS POWER INTERNATIONAL 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0116
Total number of active participants reported on line 7a of the Form 55002016-01-0113
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-013
Total of all active and inactive participants2016-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0116
Number of participants with account balances2016-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: WALTERS POWER INTERNATIONAL 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0116
Total number of active participants reported on line 7a of the Form 55002015-01-0114
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0116
Number of participants with account balances2015-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2013: WALTERS POWER INTERNATIONAL 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0117
Total number of active participants reported on line 7a of the Form 55002013-01-0114
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0116
Number of participants with account balances2013-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: WALTERS POWER INTERNATIONAL 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0116
Total number of active participants reported on line 7a of the Form 55002012-01-0114
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-011
Total of all active and inactive participants2012-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0115
Number of participants with account balances2012-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: WALTERS POWER INTERNATIONAL 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0121
Total number of active participants reported on line 7a of the Form 55002011-01-0114
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0116
Number of participants with account balances2011-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on WALTERS POWER INTERNATIONAL 401K PLAN

Measure Date Value
2019 : WALTERS POWER INTERNATIONAL 401K PLAN 2019 401k financial data
Total income from all sources2019-12-31$80,561
Expenses. Total of all expenses incurred2019-12-31$54,750
Benefits paid (including direct rollovers)2019-12-31$53,500
Total plan assets at end of year2019-12-31$255,445
Total plan assets at beginning of year2019-12-31$229,634
Value of fidelity bond covering the plan2019-12-31$50,000
Total contributions received or receivable from participants2019-12-31$17,312
Expenses. Other expenses not covered elsewhere2019-12-31$1,250
Other income received2019-12-31$63,249
Net income (gross income less expenses)2019-12-31$25,811
Net plan assets at end of year (total assets less liabilities)2019-12-31$255,445
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$229,634
Assets. Value of participant loans2019-12-31$22,052
2018 : WALTERS POWER INTERNATIONAL 401K PLAN 2018 401k financial data
Total income from all sources2018-12-31$8,216
Expenses. Total of all expenses incurred2018-12-31$1,000
Total plan assets at end of year2018-12-31$229,634
Total plan assets at beginning of year2018-12-31$222,418
Value of fidelity bond covering the plan2018-12-31$50,000
Total contributions received or receivable from participants2018-12-31$17,650
Other income received2018-12-31$-9,434
Net income (gross income less expenses)2018-12-31$7,216
Net plan assets at end of year (total assets less liabilities)2018-12-31$229,634
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$222,418
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,000
2017 : WALTERS POWER INTERNATIONAL 401K PLAN 2017 401k financial data
Total income from all sources2017-12-31$56,764
Expenses. Total of all expenses incurred2017-12-31$40,765
Benefits paid (including direct rollovers)2017-12-31$39,715
Total plan assets at end of year2017-12-31$222,418
Total plan assets at beginning of year2017-12-31$206,419
Value of fidelity bond covering the plan2017-12-31$50,000
Total contributions received or receivable from participants2017-12-31$17,330
Other income received2017-12-31$39,434
Net income (gross income less expenses)2017-12-31$15,999
Net plan assets at end of year (total assets less liabilities)2017-12-31$222,418
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$206,419
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$1,050
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : WALTERS POWER INTERNATIONAL 401K PLAN 2016 401k financial data
Total income from all sources2016-12-31$136,975
Expenses. Total of all expenses incurred2016-12-31$46,025
Benefits paid (including direct rollovers)2016-12-31$45,000
Total plan assets at end of year2016-12-31$206,419
Total plan assets at beginning of year2016-12-31$115,469
Value of fidelity bond covering the plan2016-12-31$50,000
Total contributions received or receivable from participants2016-12-31$17,331
Contributions received from other sources (not participants or employers)2016-12-31$101,719
Other income received2016-12-31$17,925
Net income (gross income less expenses)2016-12-31$90,950
Net plan assets at end of year (total assets less liabilities)2016-12-31$206,419
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$115,469
Assets. Value of participant loans2016-12-31$296
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,025
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : WALTERS POWER INTERNATIONAL 401K PLAN 2015 401k financial data
Total income from all sources2015-12-31$18,290
Expenses. Total of all expenses incurred2015-12-31$1,200
Total plan assets at end of year2015-12-31$115,469
Total plan assets at beginning of year2015-12-31$98,379
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$19,356
Other income received2015-12-31$-1,066
Net income (gross income less expenses)2015-12-31$17,090
Net plan assets at end of year (total assets less liabilities)2015-12-31$115,469
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$98,379
Assets. Value of participant loans2015-12-31$1,890
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,200
2013 : WALTERS POWER INTERNATIONAL 401K PLAN 2013 401k financial data
Total income from all sources2013-12-31$30,961
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$86,114
Total plan assets at beginning of year2013-12-31$55,153
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$19,771
Other income received2013-12-31$11,190
Net income (gross income less expenses)2013-12-31$30,961
Net plan assets at end of year (total assets less liabilities)2013-12-31$86,114
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$55,153
Assets. Value of participant loans2013-12-31$713
2012 : WALTERS POWER INTERNATIONAL 401K PLAN 2012 401k financial data
Total income from all sources2012-12-31$25,326
Expenses. Total of all expenses incurred2012-12-31$2,399
Benefits paid (including direct rollovers)2012-12-31$2,399
Total plan assets at end of year2012-12-31$55,153
Total plan assets at beginning of year2012-12-31$32,226
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$20,327
Other income received2012-12-31$4,999
Net income (gross income less expenses)2012-12-31$22,927
Net plan assets at end of year (total assets less liabilities)2012-12-31$55,153
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$32,226
2011 : WALTERS POWER INTERNATIONAL 401K PLAN 2011 401k financial data
Total income from all sources2011-12-31$32,226
Expenses. Total of all expenses incurred2011-12-31$0
Total plan assets at end of year2011-12-31$32,226
Total plan assets at beginning of year2011-12-31$0
Total contributions received or receivable from participants2011-12-31$33,024
Other income received2011-12-31$-798
Net income (gross income less expenses)2011-12-31$32,226
Net plan assets at end of year (total assets less liabilities)2011-12-31$32,226
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$0

Form 5500 Responses for WALTERS POWER INTERNATIONAL 401K PLAN

2019: WALTERS POWER INTERNATIONAL 401K 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: WALTERS POWER INTERNATIONAL 401K 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: WALTERS POWER INTERNATIONAL 401K 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: WALTERS POWER INTERNATIONAL 401K 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: WALTERS POWER INTERNATIONAL 401K 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
2013: WALTERS POWER INTERNATIONAL 401K 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: WALTERS POWER INTERNATIONAL 401K 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: WALTERS POWER INTERNATIONAL 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01First time form 5500 has been submittedYes
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

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