401k Plan data: AVL NORTH AMERICA, INC. 401(K) PLAN plan

AVL NORTH AMERICA, INC. 401(K) PLAN 401k Plan overview

Plan Name	AVL NORTH AMERICA, INC. 401(K) PLAN
Plan identification number	001

AVL NORTH AMERICA, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AVL NORTH AMERICA, INC. has sponsored the creation of one or more 401k plans.

Company Name: AVL NORTH AMERICA, INC.

Employer identification number (EIN): 362482129

NAIC Classification: 335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AVL NORTH AMERICA, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2015-01-01
001 2014-01-01

Plan Statistics for AVL NORTH AMERICA, INC. 401(K) PLAN

401k plan membership statisitcs for AVL NORTH AMERICA, INC. 401(K) PLAN

Measure Date Value
2015: AVL NORTH AMERICA, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 743
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 581
Number of other retired or separated participants entitled to future benefits 2015-01-01 191
Total of all active and inactive participants 2015-01-01 772
Total participants 2015-01-01 772
Number of participants with account balances 2015-01-01 772
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: AVL NORTH AMERICA, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 712
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 532
Number of other retired or separated participants entitled to future benefits 2014-01-01 195
Total of all active and inactive participants 2014-01-01 727
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 727
Number of participants with account balances 2014-01-01 727
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2015: AVL NORTH AMERICA, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	743
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	581
Number of other retired or separated participants entitled to future benefits	2015-01-01	191
Total of all active and inactive participants	2015-01-01	772
Total participants	2015-01-01	772
Number of participants with account balances	2015-01-01	772
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: AVL NORTH AMERICA, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	712
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	532
Number of other retired or separated participants entitled to future benefits	2014-01-01	195
Total of all active and inactive participants	2014-01-01	727
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	727
Number of participants with account balances	2014-01-01	727
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on AVL NORTH AMERICA, INC. 401(K) PLAN

Measure	Date	Value
2015 : AVL NORTH AMERICA, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)	2015-12-31	$7,665,590
Total of all expenses incurred	2015-12-31	$4,522,048
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$4,375,447
Expenses. Certain deemed distributions of participant loans	2015-12-31	$116,244
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$7,434,994
Value of total assets at end of year	2015-12-31	$67,666,452
Value of total assets at beginning of year	2015-12-31	$64,522,910
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$30,357
Total interest from all sources	2015-12-31	$65,015
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$4,429,285
Participant contributions at end of year	2015-12-31	$1,527,119
Participant contributions at beginning of year	2015-12-31	$1,432,166
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$672,279
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$3,143,542
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$67,666,452
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$64,522,910
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$30,357
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$62,256,797
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$59,529,423
Interest on participant loans	2015-12-31	$65,015
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-12-31	$3,878,467
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-12-31	$3,561,321
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$61,179
Net investment gain/loss from pooled separate accounts	2015-12-31	$104,402
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$2,333,430
Employer contributions (assets) at end of year	2015-12-31	$4,069
Employer contributions (assets) at beginning of year	2015-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$4,375,447
Did the plan have assets held for investment	2015-12-31	Yes
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	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	PLANTE & MORAN, PLLC
Accountancy firm EIN	2015-12-31	381357951
2014 : AVL NORTH AMERICA, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$10,844,741
Total of all expenses incurred	2014-12-31	$2,794,883
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$2,751,344
Expenses. Certain deemed distributions of participant loans	2014-12-31	$22,435
Value of total corrective distributions	2014-12-31	$32
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$7,084,723
Value of total assets at end of year	2014-12-31	$64,522,910
Value of total assets at beginning of year	2014-12-31	$56,473,052
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$21,072
Total interest from all sources	2014-12-31	$55,710
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$4,133,004
Participant contributions at end of year	2014-12-31	$1,432,166
Participant contributions at beginning of year	2014-12-31	$1,152,887
Participant contributions at beginning of year	2014-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$797,545
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$8,049,858
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$64,522,910
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$56,473,052
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$21,072
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$59,529,423
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$51,240,586
Interest on participant loans	2014-12-31	$55,710
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$3,561,321
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$4,075,949
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$3,704,308
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$2,154,174
Employer contributions (assets) at end of year	2014-12-31	$0
Employer contributions (assets) at beginning of year	2014-12-31	$3,630
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$2,751,344
Did the plan have assets held for investment	2014-12-31	Yes
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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	PLANTE & MORAN, PLLC
Accountancy firm EIN	2014-12-31	381357951

Form 5500 Responses for AVL NORTH AMERICA, INC. 401(K) PLAN

2015: AVL NORTH AMERICA, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: AVL NORTH AMERICA, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )

Policy contract number

874543

Policy instance

Insurance contract or identification number	874543
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $64,833
Total amount of fees paid to insurance company	USD $32,037
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $64,833
Insurance broker organization code?	3
Amount paid for insurance broker fees	32037
Insurance broker name	MICHIGAN BENEFIT CONSULTING, INC.

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )

Policy contract number

874543

Policy instance

Insurance contract or identification number	874543
Number of Individuals Covered	727
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $58,346
Total amount of fees paid to insurance company	USD $28,421
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $58,346
Insurance broker organization code?	3
Amount paid for insurance broker fees	28421
Insurance broker name	MICHIGAN BENEFIT CONSULTING, INC.

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Company Name:	AVL NORTH AMERICA, INC.
Employer identification number (EIN):	362482129
NAIC Classification:	335900