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ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 401k Plan overview

Plan NameALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN
Plan identification number 002

ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • 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).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ALTRA INDUSTRIAL MOTION, INC. has sponsored the creation of one or more 401k plans.

Company Name:ALTRA INDUSTRIAL MOTION, INC.
Employer identification number (EIN):300283143
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-01-01JENNIFER IRELAND
0022011-01-01JENNIFER IRELAND
0022010-01-01JENNIFER IRELAND
0022009-01-01JENNIFER IRELAND
0022009-01-01JENNIFER IRELAND

Plan Statistics for ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN

401k plan membership statisitcs for ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN

Measure Date Value
2012: ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01329
Total number of active participants reported on line 7a of the Form 55002012-01-01161
Number of retired or separated participants receiving benefits2012-01-0175
Number of other retired or separated participants entitled to future benefits2012-01-0177
Total of all active and inactive participants2012-01-01313
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0114
Total participants2012-01-01327
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01326
Total number of active participants reported on line 7a of the Form 55002011-01-01167
Number of retired or separated participants receiving benefits2011-01-0172
Number of other retired or separated participants entitled to future benefits2011-01-0179
Total of all active and inactive participants2011-01-01318
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-0111
Total participants2011-01-01329
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01356
Total number of active participants reported on line 7a of the Form 55002010-01-01175
Number of retired or separated participants receiving benefits2010-01-0170
Number of other retired or separated participants entitled to future benefits2010-01-0171
Total of all active and inactive participants2010-01-01316
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-0110
Total participants2010-01-01326
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01368
Total number of active participants reported on line 7a of the Form 55002009-01-01199
Number of retired or separated participants receiving benefits2009-01-0165
Number of other retired or separated participants entitled to future benefits2009-01-0184
Total of all active and inactive participants2009-01-01348
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-018
Total participants2009-01-01356
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0113
Number of participants with account balances2009-01-0167

Financial Data on ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN

Measure Date Value
2012 : ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$24,188
Total unrealized appreciation/depreciation of assets2012-12-31$24,188
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$29,201
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$767,961
Total income from all sources (including contributions)2012-12-31$4,523,770
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$964,119
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$775,838
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,500,000
Value of total assets at end of year2012-12-31$19,803,254
Value of total assets at beginning of year2012-12-31$16,982,363
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$188,281
Total interest from all sources2012-12-31$494
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 year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$79,094
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$30,711
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$777,643
Administrative expenses (other) incurred2012-12-31$55,822
Liabilities. Value of operating payables at end of year2012-12-31$29,201
Liabilities. Value of operating payables at beginning of year2012-12-31$767,961
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$3,559,651
Value of net assets at end of year (total assets less liabilities)2012-12-31$19,774,053
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$16,214,402
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
Investment advisory and management fees2012-12-31$53,365
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$17,544,853
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$14,283,211
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$611,604
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$380,090
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$380,090
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$494
Assets. Value of investments in 103.12 investment entities at end of year2012-12-31$795,684
Assets. Value of investments in 103.12 investment entities at beginning of year2012-12-31$745,205
Asset value of US Government securities at end of year2012-12-31$820,402
Asset value of US Government securities at beginning of year2012-12-31$796,214
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,945,785
Net gain/loss from 103.12 investment entities2012-12-31$53,303
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
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
Contributions received in cash from employer2012-12-31$2,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$775,838
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$7,385,124
Aggregate carrying amount (costs) on sale of assets2012-12-31$7,385,124
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31FEELEY & DRISCOLL
Accountancy firm EIN2012-12-31042684828
2011 : ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$312,136
Total unrealized appreciation/depreciation of assets2011-12-31$312,136
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$767,961
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$29,628
Total income from all sources (including contributions)2011-12-31$4,143,120
Total loss/gain on sale of assets2011-12-31$38,350
Total of all expenses incurred2011-12-31$1,222,112
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,049,923
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$3,000,000
Value of total assets at end of year2011-12-31$16,982,363
Value of total assets at beginning of year2011-12-31$13,323,022
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$172,189
Total interest from all sources2011-12-31$2,276
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 year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$65,202
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$777,643
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$36,509
Administrative expenses (other) incurred2011-12-31$64,942
Liabilities. Value of operating payables at end of year2011-12-31$767,961
Liabilities. Value of operating payables at beginning of year2011-12-31$29,628
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$2,921,008
Value of net assets at end of year (total assets less liabilities)2011-12-31$16,214,402
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$13,293,394
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
Investment advisory and management fees2011-12-31$42,045
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$14,283,211
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$12,712,636
Income. Interest from US Government securities2011-12-31$2,237
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$380,090
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$164,734
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$164,734
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$39
Assets. Value of investments in 103.12 investment entities at end of year2011-12-31$745,205
Asset value of US Government securities at end of year2011-12-31$796,214
Asset value of US Government securities at beginning of year2011-12-31$409,143
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$795,153
Net gain/loss from 103.12 investment entities2011-12-31$-4,795
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
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
Contributions received in cash from employer2011-12-31$3,000,000
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,049,923
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$7,464,011
Aggregate carrying amount (costs) on sale of assets2011-12-31$7,425,661
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31FEELEY & DRISCOLL
Accountancy firm EIN2011-12-31042684828
2010 : ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$37,795
Total unrealized appreciation/depreciation of assets2010-12-31$37,795
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$29,628
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$115,262
Total income from all sources (including contributions)2010-12-31$2,663,138
Total loss/gain on sale of assets2010-12-31$2,648
Total of all expenses incurred2010-12-31$5,426,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$5,256,007
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,188,275
Value of total assets at end of year2010-12-31$13,323,022
Value of total assets at beginning of year2010-12-31$16,172,144
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$170,619
Total interest from all sources2010-12-31$383
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 year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$62,192
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$36,509
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$131,823
Administrative expenses (other) incurred2010-12-31$56,596
Liabilities. Value of operating payables at end of year2010-12-31$29,628
Liabilities. Value of operating payables at beginning of year2010-12-31$115,262
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-2,763,488
Value of net assets at end of year (total assets less liabilities)2010-12-31$13,293,394
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$16,056,882
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
Investment advisory and management fees2010-12-31$51,831
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$12,712,636
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$14,590,476
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$164,734
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$567,940
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$567,940
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$383
Asset value of US Government securities at end of year2010-12-31$409,143
Asset value of US Government securities at beginning of year2010-12-31$570,180
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,434,037
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,188,275
Employer contributions (assets) at end of year2010-12-31$0
Employer contributions (assets) at beginning of year2010-12-31$311,725
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$5,256,007
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$7,092,813
Aggregate carrying amount (costs) on sale of assets2010-12-31$7,090,165
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31FEELEY & DRISCOLL
Accountancy firm EIN2010-12-31042684828
2009 : ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN

2012: ALTRA INDUSTRIAL MOTION, INC. 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 planYes
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: ALTRA INDUSTRIAL MOTION, INC. 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 planYes
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: ALTRA INDUSTRIAL MOTION, INC. RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: ALTRA INDUSTRIAL MOTION, INC. RETIREMENT 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 planYes
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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