401k Plan data: VOITH PAPER FABRICS SALARIED PENSION PLAN plan

VOITH PAPER FABRICS SALARIED PENSION PLAN 401k Plan overview

Plan Name	VOITH PAPER FABRICS SALARIED PENSION PLAN
Plan identification number	003

VOITH PAPER FABRICS SALARIED PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

VOITH US INC. has sponsored the creation of one or more 401k plans.

Company Name: VOITH US INC.

Employer identification number (EIN): 392042166

NAIC Classification: 314000
NAIC Description: Textile Product Mills

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VOITH PAPER FABRICS SALARIED PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01
003 2022-01-01 EILEEN GHESQUIERE 2023-10-12 KUMAIL ALI 2023-10-11
003 2021-01-01 HEATHER RABER 2022-10-04 EILEEN GHESQUIERE 2022-10-04
003 2020-01-01 CARL GERLACH 2021-09-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2023-01-01
003	2022-01-01	EILEEN GHESQUIERE	2023-10-12	KUMAIL ALI	2023-10-11
003	2021-01-01	HEATHER RABER	2022-10-04	EILEEN GHESQUIERE	2022-10-04
003	2020-01-01	CARL GERLACH	2021-09-30

Plan Statistics for VOITH PAPER FABRICS SALARIED PENSION PLAN

401k plan membership statisitcs for VOITH PAPER FABRICS SALARIED PENSION PLAN

Measure Date Value
2025: VOITH PAPER FABRICS SALARIED PENSION PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-02-12 0
Total number of particpants at end of year 2025-02-12 0
2024: VOITH PAPER FABRICS SALARIED PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-05-20 0
Total number of particpants at end of year 2024-05-20 0
2022: VOITH PAPER FABRICS SALARIED PENSION PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 338
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: VOITH PAPER FABRICS SALARIED PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 62,746,738
Acturial value of plan assets 2021-12-31 56,472,065
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 30,735,615
Number of terminated vested participants 2021-12-31 98
Fundng target for terminated vested participants 2021-12-31 6,601,790
Active participant vested funding target 2021-12-31 6,358,662
Number of active participants 2021-12-31 83
Total funding liabilities for active participants 2021-12-31 6,374,144
Total participant count 2021-12-31 350
Total funding target for all participants 2021-12-31 43,711,549
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 1,258,424
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 1,258,424
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 1,468,581
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 12,000
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 350
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 79
Number of retired or separated participants receiving benefits 2021-01-01 133
Number of other retired or separated participants entitled to future benefits 2021-01-01 87
Total of all active and inactive participants 2021-01-01 299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 39
Total participants 2021-01-01 338
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: VOITH PAPER FABRICS SALARIED PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 57,383,985
Acturial value of plan assets 2020-12-31 55,044,866
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 30,428,342
Number of terminated vested participants 2020-12-31 112
Fundng target for terminated vested participants 2020-12-31 6,810,874
Active participant vested funding target 2020-12-31 6,298,451
Number of active participants 2020-12-31 85
Total funding liabilities for active participants 2020-12-31 6,315,881
Total participant count 2020-12-31 364
Total funding target for all participants 2020-12-31 43,555,097
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 1,088,885
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 1,088,885
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 1,258,424
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 89,000
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 363
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 83
Number of retired or separated participants receiving benefits 2020-01-01 134
Number of other retired or separated participants entitled to future benefits 2020-01-01 94
Total of all active and inactive participants 2020-01-01 311
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 39
Total participants 2020-01-01 350
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0

Measure	Date	Value
2025: VOITH PAPER FABRICS SALARIED PENSION PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-02-12	0
Total number of particpants at end of year	2025-02-12	0
2024: VOITH PAPER FABRICS SALARIED PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-05-20	0
Total number of particpants at end of year	2024-05-20	0
2022: VOITH PAPER FABRICS SALARIED PENSION PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	338
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: VOITH PAPER FABRICS SALARIED PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	62,746,738
Acturial value of plan assets	2021-12-31	56,472,065
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	30,735,615
Number of terminated vested participants	2021-12-31	98
Fundng target for terminated vested participants	2021-12-31	6,601,790
Active participant vested funding target	2021-12-31	6,358,662
Number of active participants	2021-12-31	83
Total funding liabilities for active participants	2021-12-31	6,374,144
Total participant count	2021-12-31	350
Total funding target for all participants	2021-12-31	43,711,549
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	1,258,424
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	1,258,424
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	1,468,581
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	12,000
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	350
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	79
Number of retired or separated participants receiving benefits	2021-01-01	133
Number of other retired or separated participants entitled to future benefits	2021-01-01	87
Total of all active and inactive participants	2021-01-01	299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	39
Total participants	2021-01-01	338
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: VOITH PAPER FABRICS SALARIED PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	57,383,985
Acturial value of plan assets	2020-12-31	55,044,866
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	30,428,342
Number of terminated vested participants	2020-12-31	112
Fundng target for terminated vested participants	2020-12-31	6,810,874
Active participant vested funding target	2020-12-31	6,298,451
Number of active participants	2020-12-31	85
Total funding liabilities for active participants	2020-12-31	6,315,881
Total participant count	2020-12-31	364
Total funding target for all participants	2020-12-31	43,555,097
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	1,088,885
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	1,088,885
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	1,258,424
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	89,000
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	363
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	83
Number of retired or separated participants receiving benefits	2020-01-01	134
Number of other retired or separated participants entitled to future benefits	2020-01-01	94
Total of all active and inactive participants	2020-01-01	311
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	39
Total participants	2020-01-01	350
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0

Financial Data on VOITH PAPER FABRICS SALARIED PENSION PLAN

Measure	Date	Value
2025 : VOITH PAPER FABRICS SALARIED PENSION PLAN 2025 401k financial data
Total liabilities as of the end of the plan year	2025-02-12	0
Total liabilities as of the beginning of the plan year	2025-02-12	0
Total expenses incurred by plan in this plan year	2025-02-12	2973912
Net assets as of the end of the plan year	2025-02-12	0
Total assets as of the beginning of the plan year	2025-02-12	2928910
Value of plan covered by a fidelity bond	2025-02-12	500000
Other income to plan in this plan year	2025-02-12	45002
Plan net income in this plan year	2025-02-12	-2928910
Net assets as of the end of the plan year	2025-02-12	0
Net assets as of the beginning of the plan year	2025-02-12	2928910
Expensese paid to adminstrative service provicers from plan in this plan year	2025-02-12	1390
2024 : VOITH PAPER FABRICS SALARIED PENSION PLAN 2024 401k financial data
Total liabilities as of the end of the plan year	2024-05-20	0
Total liabilities as of the beginning of the plan year	2024-05-20	0
Total expenses incurred by plan in this plan year	2024-05-20	11234
Net assets as of the end of the plan year	2024-05-20	2928910
Total assets as of the beginning of the plan year	2024-05-20	2557959
Value of plan covered by a fidelity bond	2024-05-20	500000
Other income to plan in this plan year	2024-05-20	134595
Plan net income in this plan year	2024-05-20	370951
Net assets as of the end of the plan year	2024-05-20	2928910
Net assets as of the beginning of the plan year	2024-05-20	2557959
Employer contributions to plan in this plan year	2024-05-20	247590
Expensese paid to adminstrative service provicers from plan in this plan year	2024-05-20	11234
2022 : VOITH PAPER FABRICS SALARIED PENSION PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$67,291
Total income from all sources (including contributions)	2022-12-31	$-5,814,082
Total loss/gain on sale of assets	2022-12-31	$-6,266,329
Total of all expenses incurred	2022-12-31	$48,289,084
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$47,909,095
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$0
Value of total assets at end of year	2022-12-31	$2,557,959
Value of total assets at beginning of year	2022-12-31	$56,728,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$379,989
Total interest from all sources	2022-12-31	$449,906
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-12-31	$0
Administrative expenses professional fees incurred	2022-12-31	$173,688
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$8,404
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$346,038
Other income not declared elsewhere	2022-12-31	$2,341
Administrative expenses (other) incurred	2022-12-31	$206,301
Liabilities. Value of operating payables at end of year	2022-12-31	$0
Liabilities. Value of operating payables at beginning of year	2022-12-31	$67,291
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-54,103,166
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$2,557,959
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$56,661,125
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Income. Interest from US Government securities	2022-12-31	$63,254
Income. Interest from corporate debt instruments	2022-12-31	$344,936
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$2,549,555
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$317,066
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$317,066
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$41,716
Expenses. Payments to insurance carriers foe the provision of benefits	2022-12-31	$33,640,000
Asset value of US Government securities at end of year	2022-12-31	$0
Asset value of US Government securities at beginning of year	2022-12-31	$24,205,735
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$14,269,095
Asset. Corporate debt instrument debt (other) at end of year	2022-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2022-12-31	$31,859,577
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Aggregate proceeds on sale of assets	2022-12-31	$89,434,222
Aggregate carrying amount (costs) on sale of assets	2022-12-31	$95,700,551
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2022-12-31	231909723
Total unrealized appreciation/depreciation of assets	2022-01-01	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-01-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-01-01	$67,291
Total income from all sources (including contributions)	2022-01-01	$-5,814,082
Total loss/gain on sale of assets	2022-01-01	$-6,266,329
Total of all expenses incurred	2022-01-01	$48,289,084
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-01-01	$47,909,095
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-01-01	$0
Value of total assets at end of year	2022-01-01	$2,557,959
Value of total assets at beginning of year	2022-01-01	$56,728,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-01-01	$379,989
Total interest from all sources	2022-01-01	$449,906
Total dividends received (eg from common stock, registered investment company shares)	2022-01-01	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-01-01	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-01-01	$0
Administrative expenses professional fees incurred	2022-01-01	$173,688
Was this plan covered by a fidelity bond	2022-01-01	Yes
Value of fidelity bond cover	2022-01-01	$500,000
Were there any nonexempt tranactions with any party-in-interest	2022-01-01	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-01-01	$8,404
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-01-01	$346,038
Other income not declared elsewhere	2022-01-01	$2,341
Administrative expenses (other) incurred	2022-01-01	$206,301
Liabilities. Value of operating payables at end of year	2022-01-01	$0
Liabilities. Value of operating payables at beginning of year	2022-01-01	$67,291
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-01-01	No
Value of net income/loss	2022-01-01	$-54,103,166
Value of net assets at end of year (total assets less liabilities)	2022-01-01	$2,557,959
Value of net assets at beginning of year (total assets less liabilities)	2022-01-01	$56,661,125
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-01-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-01-01	No
Were any leases to which the plan was party in default or uncollectible	2022-01-01	No
Income. Interest from US Government securities	2022-01-01	$63,254
Income. Interest from corporate debt instruments	2022-01-01	$344,936
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-01-01	$2,549,555
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-01-01	$41,716
Expenses. Payments to insurance carriers foe the provision of benefits	2022-01-01	$33,640,000
Asset value of US Government securities at end of year	2022-01-01	$0
Asset value of US Government securities at beginning of year	2022-01-01	$24,205,735
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-01-01	Yes
Was there a failure to transmit to the plan any participant contributions	2022-01-01	No
Has the plan failed to provide any benefit when due under the plan	2022-01-01	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-01-01	$14,269,095
Asset. Corporate debt instrument debt (other) at end of year	2022-01-01	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2022-01-01	$31,859,577
Did the plan have assets held for investment	2022-01-01	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	2022-01-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-01-01	No
Aggregate proceeds on sale of assets	2022-01-01	$89,434,222
Aggregate carrying amount (costs) on sale of assets	2022-01-01	$95,700,551
Opinion of an independent qualified public accountant for this plan	2022-01-01	1
Accountancy firm name	2022-01-01	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2022-01-01	231909723
2021 : VOITH PAPER FABRICS SALARIED PENSION PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$-2,135,286
Total unrealized appreciation/depreciation of assets	2021-12-31	$-2,135,286
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$67,291
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$5,459
Total income from all sources (including contributions)	2021-12-31	$-1,807,788
Total loss/gain on sale of assets	2021-12-31	$-1,067,260
Total of all expenses incurred	2021-12-31	$4,277,825
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$4,132,702
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$0
Value of total assets at end of year	2021-12-31	$56,728,416
Value of total assets at beginning of year	2021-12-31	$62,752,197
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$145,123
Total interest from all sources	2021-12-31	$1,394,426
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2021-12-31	$0
Administrative expenses professional fees incurred	2021-12-31	$83,293
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$346,038
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$355,871
Other income not declared elsewhere	2021-12-31	$332
Administrative expenses (other) incurred	2021-12-31	$61,830
Liabilities. Value of operating payables at end of year	2021-12-31	$67,291
Liabilities. Value of operating payables at beginning of year	2021-12-31	$5,459
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$-6,085,613
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$56,661,125
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$62,746,738
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Income. Interest from US Government securities	2021-12-31	$136,987
Income. Interest from corporate debt instruments	2021-12-31	$1,257,335
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$317,066
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$2,930,917
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$2,930,917
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$104
Asset value of US Government securities at end of year	2021-12-31	$24,205,735
Asset value of US Government securities at beginning of year	2021-12-31	$16,772,078
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$4,132,702
Asset. Corporate debt instrument debt (other) at end of year	2021-12-31	$31,859,577
Asset. Corporate debt instrument debt (other) at beginning of year	2021-12-31	$42,693,331
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$64,374,281
Aggregate carrying amount (costs) on sale of assets	2021-12-31	$65,441,541
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2021-12-31	231909723
2020 : VOITH PAPER FABRICS SALARIED PENSION PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$5,266,732
Total unrealized appreciation/depreciation of assets	2020-12-31	$5,266,732
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$5,459
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$5,218
Total income from all sources (including contributions)	2020-12-31	$9,189,343
Total loss/gain on sale of assets	2020-12-31	$2,562,026
Total of all expenses incurred	2020-12-31	$3,826,618
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$3,793,796
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$0
Value of total assets at end of year	2020-12-31	$62,752,197
Value of total assets at beginning of year	2020-12-31	$57,389,231
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$32,822
Total interest from all sources	2020-12-31	$1,344,310
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$32,822
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$355,871
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$278,748
Other income not declared elsewhere	2020-12-31	$16,275
Liabilities. Value of operating payables at end of year	2020-12-31	$5,459
Liabilities. Value of operating payables at beginning of year	2020-12-31	$5,218
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$5,362,725
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$62,746,738
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$57,384,013
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Income. Interest from US Government securities	2020-12-31	$55,067
Income. Interest from corporate debt instruments	2020-12-31	$1,283,672
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$2,930,917
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$1,302,179
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$1,302,179
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$5,571
Asset value of US Government securities at end of year	2020-12-31	$16,772,078
Asset value of US Government securities at beginning of year	2020-12-31	$27,590,582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$970
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$3,793,796
Asset. Corporate debt instrument debt (other) at end of year	2020-12-31	$42,693,331
Asset. Corporate debt instrument debt (other) at beginning of year	2020-12-31	$28,216,752
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$26,524,099
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$23,962,073
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	MCKONLY AND ASBURY, LLP
Accountancy firm EIN	2020-12-31	231909723

Form 5500 Responses for VOITH PAPER FABRICS SALARIED PENSION PLAN

2022: VOITH PAPER FABRICS SALARIED PENSION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: VOITH PAPER FABRICS SALARIED PENSION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: VOITH PAPER FABRICS SALARIED PENSION PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VOITH US INC.
Employer identification number (EIN):	392042166
NAIC Classification:	314000
NAIC Description:	Textile Product Mills