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EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 401k Plan overview

Plan NameEXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT
Plan identification number 004

EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

L3HARRIS TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:L3HARRIS TECHNOLOGIES, INC.
Employer identification number (EIN):340276860
NAIC Classification:333200

Additional information about L3HARRIS TECHNOLOGIES, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 0209229

More information about L3HARRIS TECHNOLOGIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042019-01-01ANDREA HARTMAN2020-10-07 ANDREA HARTMAN2020-10-07
0042018-01-01ANDREA HARTMAN2019-10-08
0042017-01-01
0042017-01-01
0042016-01-01
0042015-01-01

Plan Statistics for EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT

401k plan membership statisitcs for EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT

Measure Date Value
2019: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2019 401k membership
Market value of plan assets2019-12-3149,099,447
Acturial value of plan assets2019-12-3152,590,407
Funding target for retired participants and beneficiaries receiving payment2019-12-3135,058,953
Number of terminated vested participants2019-12-31397
Fundng target for terminated vested participants2019-12-3113,529,670
Active participant vested funding target2019-12-310
Number of active participants2019-12-310
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-31909
Total funding target for all participants2019-12-3148,588,623
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3111,170,077
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-31916,116
Amount remaining of prefunding balance2019-12-3110,253,961
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-319,506,447
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31561,042
Net shortfall amortization installment of oustanding balance2019-12-315,504,663
Total funding amount beforereflecting carryover/prefunding balances2019-12-312,045,489
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-312,045,489
Unpaid minimum required contributions for current year2019-12-310
Total participants, beginning-of-year2019-01-01909
Number of retired or separated participants receiving benefits2019-01-01484
Number of other retired or separated participants entitled to future benefits2019-01-01370
Total of all active and inactive participants2019-01-01854
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0138
Total participants2019-01-01892
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2018 401k membership
Market value of plan assets2018-12-3156,551,108
Acturial value of plan assets2018-12-3153,758,689
Funding target for retired participants and beneficiaries receiving payment2018-12-3133,554,213
Number of terminated vested participants2018-12-31427
Fundng target for terminated vested participants2018-12-3113,748,402
Active participant vested funding target2018-12-310
Number of active participants2018-12-310
Total funding liabilities for active participants2018-12-310
Total participant count2018-12-31923
Total funding target for all participants2018-12-3147,302,615
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-316,095,579
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-31802,929
Amount remaining of prefunding balance2018-12-315,292,650
Present value of excess contributions2018-12-314,671,187
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-315,026,898
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-315,026,898
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3111,170,077
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31415,008
Net shortfall amortization installment of oustanding balance2018-12-314,714,003
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31916,116
Prefunding balance elected to use to offset funding requirement2018-12-31916,116
Unpaid minimum required contributions for current year2018-12-310
Total participants, beginning-of-year2018-01-01923
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-01484
Number of other retired or separated participants entitled to future benefits2018-01-01392
Total of all active and inactive participants2018-01-01876
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0133
Total participants2018-01-01909
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2017 401k membership
Market value of plan assets2017-12-3147,467,945
Acturial value of plan assets2017-12-3149,033,084
Funding target for retired participants and beneficiaries receiving payment2017-12-3131,695,250
Number of terminated vested participants2017-12-31465
Fundng target for terminated vested participants2017-12-3114,511,340
Active participant vested funding target2017-12-310
Number of active participants2017-12-310
Total funding liabilities for active participants2017-12-310
Total participant count2017-12-31944
Total funding target for all participants2017-12-3146,206,590
Present value of excess contributions2017-12-315,747,293
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-316,095,579
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-316,095,579
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-316,095,579
Total employer contributions2017-12-315,401,000
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-315,065,794
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31522,200
Net shortfall amortization installment of oustanding balance2017-12-313,269,085
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-311,197,536
Prefunding balance elected to use to offset funding requirement2017-12-31802,929
Additional cash requirement2017-12-31394,607
Contributions allocatedtoward minimum required contributions for current year2017-12-315,065,794
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-01944
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-01472
Number of other retired or separated participants entitled to future benefits2017-01-01422
Total of all active and inactive participants2017-01-01894
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0129
Total participants2017-01-01923
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2016 401k membership
Market value of plan assets2016-12-3140,931,456
Acturial value of plan assets2016-12-3143,247,780
Funding target for retired participants and beneficiaries receiving payment2016-12-3124,374,227
Number of terminated vested participants2016-12-31474
Fundng target for terminated vested participants2016-12-3113,854,878
Active participant vested funding target2016-12-317,747,892
Number of active participants2016-12-31119
Total funding liabilities for active participants2016-12-317,747,892
Total participant count2016-12-31998
Total funding target for all participants2016-12-3145,976,997
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Present value of excess contributions2016-12-31319
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31339
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-317,937,000
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-317,348,534
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31735,514
Net shortfall amortization installment of oustanding balance2016-12-312,729,217
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-311,601,241
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-311,601,241
Contributions allocatedtoward minimum required contributions for current year2016-12-317,348,534
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-01998
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-01451
Number of other retired or separated participants entitled to future benefits2016-01-01463
Total of all active and inactive participants2016-01-01914
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0130
Total participants2016-01-01944
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2015 401k membership
Total participants, beginning-of-year2015-01-011,022
Total number of active participants reported on line 7a of the Form 55002015-01-01119
Number of retired or separated participants receiving benefits2015-01-01381
Number of other retired or separated participants entitled to future benefits2015-01-01473
Total of all active and inactive participants2015-01-01973
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0125
Total participants2015-01-01998
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-015

Financial Data on EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT

Measure Date Value
2019 : EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$49,209
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$50,171
Total income from all sources (including contributions)2019-12-31$10,139,353
Total of all expenses incurred2019-12-31$3,087,547
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,087,547
Value of total assets at end of year2019-12-31$56,027,909
Value of total assets at beginning of year2019-12-31$48,977,065
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$20,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Liabilities. Value of operating payables at end of year2019-12-31$49,209
Liabilities. Value of operating payables at beginning of year2019-12-31$50,171
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$7,051,806
Value of net assets at end of year (total assets less liabilities)2019-12-31$55,978,700
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$48,926,894
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in master investment trust accounts at end of year2019-12-31$56,027,909
Value of interest in master investment trust accounts at beginning of year2019-12-31$48,977,065
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,087,547
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN2019-12-31131578842
2018 : EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$50,171
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$67,808
Total income from all sources (including contributions)2018-12-31$-4,710,867
Total of all expenses incurred2018-12-31$3,066,219
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,066,219
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$48,977,065
Value of total assets at beginning of year2018-12-31$56,771,788
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$20,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Liabilities. Value of operating payables at end of year2018-12-31$50,171
Liabilities. Value of operating payables at beginning of year2018-12-31$67,808
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-7,777,086
Value of net assets at end of year (total assets less liabilities)2018-12-31$48,926,894
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$56,703,980
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in master investment trust accounts at end of year2018-12-31$48,977,065
Value of interest in master investment trust accounts at beginning of year2018-12-31$51,771,788
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$0
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$5,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,066,219
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN2018-12-31131578842
2017 : EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$67,808
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$93,977
Total income from all sources (including contributions)2017-12-31$12,131,196
Total of all expenses incurred2017-12-31$3,045,081
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,045,081
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$5,401,000
Value of total assets at end of year2017-12-31$56,771,788
Value of total assets at beginning of year2017-12-31$47,711,842
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$20,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Liabilities. Value of operating payables at end of year2017-12-31$67,808
Liabilities. Value of operating payables at beginning of year2017-12-31$93,977
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$9,086,115
Value of net assets at end of year (total assets less liabilities)2017-12-31$56,703,980
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$47,617,865
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in master investment trust accounts at end of year2017-12-31$51,771,788
Value of interest in master investment trust accounts at beginning of year2017-12-31$40,850,842
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$5,401,000
Employer contributions (assets) at end of year2017-12-31$5,000,000
Employer contributions (assets) at beginning of year2017-12-31$6,861,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,045,081
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN2017-12-31131578842
2016 : EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$93,977
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$58,092
Total income from all sources (including contributions)2016-12-31$9,650,236
Total of all expenses incurred2016-12-31$2,726,360
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,726,360
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$7,937,000
Value of total assets at end of year2016-12-31$47,711,842
Value of total assets at beginning of year2016-12-31$40,752,081
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$20,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Liabilities. Value of operating payables at end of year2016-12-31$93,977
Liabilities. Value of operating payables at beginning of year2016-12-31$58,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$6,923,876
Value of net assets at end of year (total assets less liabilities)2016-12-31$47,617,865
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$40,693,989
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in master investment trust accounts at end of year2016-12-31$40,850,842
Value of interest in master investment trust accounts at beginning of year2016-12-31$40,054,081
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$7,937,000
Employer contributions (assets) at end of year2016-12-31$6,861,000
Employer contributions (assets) at beginning of year2016-12-31$698,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,726,360
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN2016-12-31131578842
2015 : EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$58,092
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$68,187
Total income from all sources (including contributions)2015-12-31$325,491
Total of all expenses incurred2015-12-31$2,202,562
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,202,562
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,961,000
Value of total assets at end of year2015-12-31$40,752,081
Value of total assets at beginning of year2015-12-31$42,639,247
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$20,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Liabilities. Value of operating payables at end of year2015-12-31$58,092
Liabilities. Value of operating payables at beginning of year2015-12-31$68,187
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-1,877,071
Value of net assets at end of year (total assets less liabilities)2015-12-31$40,693,989
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$42,571,060
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in master investment trust accounts at end of year2015-12-31$40,054,081
Value of interest in master investment trust accounts at beginning of year2015-12-31$41,808,247
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$1,961,000
Employer contributions (assets) at end of year2015-12-31$698,000
Employer contributions (assets) at beginning of year2015-12-31$831,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$2,202,562
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN2015-12-31131578842

Form 5500 Responses for EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT

2019: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: EXELIS COMMUNICATION SOLUTIONS PENSION PLAN FOR EMPLOYEES IN THE BARGAINING UNIT 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

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