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VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameVERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN
Plan identification number 001

VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

VERTIV GROUP CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:VERTIV GROUP CORPORATION
Employer identification number (EIN):813496944
NAIC Classification:335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01SARA HARRIS

Plan Statistics for VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Measure Date Value
2022: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-014,820
Total number of active participants reported on line 7a of the Form 55002022-01-013,916
Number of retired or separated participants receiving benefits2022-01-0151
Number of other retired or separated participants entitled to future benefits2022-01-011,390
Total of all active and inactive participants2022-01-015,357
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0132
Total participants2022-01-015,389
Number of participants with account balances2022-01-014,458
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01232
2021: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-014,932
Total number of active participants reported on line 7a of the Form 55002021-01-013,463
Number of retired or separated participants receiving benefits2021-01-0142
Number of other retired or separated participants entitled to future benefits2021-01-011,291
Total of all active and inactive participants2021-01-014,796
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0124
Total participants2021-01-014,820
Number of participants with account balances2021-01-014,551
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01150
2020: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-014,931
Total number of active participants reported on line 7a of the Form 55002020-01-013,591
Number of retired or separated participants receiving benefits2020-01-0135
Number of other retired or separated participants entitled to future benefits2020-01-011,286
Total of all active and inactive participants2020-01-014,912
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0120
Total participants2020-01-014,932
Number of participants with account balances2020-01-014,659
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01165
2019: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-014,943
Total number of active participants reported on line 7a of the Form 55002019-01-013,678
Number of retired or separated participants receiving benefits2019-01-0138
Number of other retired or separated participants entitled to future benefits2019-01-011,201
Total of all active and inactive participants2019-01-014,917
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0114
Total participants2019-01-014,931
Number of participants with account balances2019-01-014,654
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-01263
2018: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-015,162
Total number of active participants reported on line 7a of the Form 55002018-01-013,783
Number of retired or separated participants receiving benefits2018-01-0130
Number of other retired or separated participants entitled to future benefits2018-01-011,116
Total of all active and inactive participants2018-01-014,929
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0114
Total participants2018-01-014,943
Number of participants with account balances2018-01-014,655
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-01267
2017: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-013,191
Total number of active participants reported on line 7a of the Form 55002017-01-013,588
Number of retired or separated participants receiving benefits2017-01-0121
Number of other retired or separated participants entitled to future benefits2017-01-011,542
Total of all active and inactive participants2017-01-015,151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0111
Total participants2017-01-015,162
Number of participants with account balances2017-01-014,930
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01745

Financial Data on VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

Measure Date Value
2022 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-3,867,866
Total unrealized appreciation/depreciation of assets2022-12-31$-3,867,866
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$0
Total income from all sources (including contributions)2022-12-31$-130,638,084
Total loss/gain on sale of assets2022-12-31$-1,186,031
Total of all expenses incurred2022-12-31$80,254,180
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$79,425,629
Value of total corrective distributions2022-12-31$54,760
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$49,147,557
Value of total assets at end of year2022-12-31$775,335,359
Value of total assets at beginning of year2022-12-31$986,227,623
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$773,791
Total interest from all sources2022-12-31$226,113
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$11,259,009
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$11,241,885
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$31,185,239
Participant contributions at end of year2022-12-31$2,104,930
Participant contributions at beginning of year2022-12-31$4,157,563
Participant contributions at end of year2022-12-31$22,370
Participant contributions at beginning of year2022-12-31$26,833
Assets. Other investments not covered elsewhere at end of year2022-12-31$21,867,847
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$15,890,460
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$8,698,350
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$6,307
Other income not declared elsewhere2022-12-31$60,565
Administrative expenses (other) incurred2022-12-31$773,791
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-210,892,264
Value of net assets at end of year (total assets less liabilities)2022-12-31$775,335,359
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$986,227,623
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$365,806,892
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$499,499,829
Interest on participant loans2022-12-31$226,113
Value of interest in common/collective trusts at end of year2022-12-31$383,623,659
Value of interest in common/collective trusts at beginning of year2022-12-31$464,385,738
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-114,714,020
Net investment gain or loss from common/collective trusts2022-12-31$-71,563,411
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$21,867,847
Assets. Invements in employer securities at beginning of year2022-12-31$15,890,460
Contributions received in cash from employer2022-12-31$9,263,968
Employer contributions (assets) at end of year2022-12-31$1,909,661
Employer contributions (assets) at beginning of year2022-12-31$2,267,200
Income. Dividends from common stock2022-12-31$17,124
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$79,419,322
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$7,125,670
Aggregate carrying amount (costs) on sale of assets2022-12-31$8,311,701
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ERNST & YOUNG LLP
Accountancy firm EIN2022-12-31346565596
2021 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,119,293
Total unrealized appreciation/depreciation of assets2021-12-31$1,119,293
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$164,290,375
Total loss/gain on sale of assets2021-12-31$490,512
Total of all expenses incurred2021-12-31$96,317,739
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$95,351,972
Value of total corrective distributions2021-12-31$180,291
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$44,167,402
Value of total assets at end of year2021-12-31$986,227,623
Value of total assets at beginning of year2021-12-31$918,254,987
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$785,476
Total interest from all sources2021-12-31$424,067
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$32,732,412
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$32,726,574
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$29,997,567
Participant contributions at end of year2021-12-31$4,157,563
Participant contributions at beginning of year2021-12-31$7,465,907
Participant contributions at end of year2021-12-31$26,833
Participant contributions at beginning of year2021-12-31$28,448
Assets. Other investments not covered elsewhere at end of year2021-12-31$15,890,460
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$5,057,048
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$29,019
Other income not declared elsewhere2021-12-31$50,453
Administrative expenses (other) incurred2021-12-31$785,476
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$67,972,636
Value of net assets at end of year (total assets less liabilities)2021-12-31$986,227,623
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$918,254,987
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$499,499,829
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$477,851,984
Interest on participant loans2021-12-31$424,067
Value of interest in common/collective trusts at end of year2021-12-31$464,385,738
Value of interest in common/collective trusts at beginning of year2021-12-31$431,650,843
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$38,604,697
Net investment gain or loss from common/collective trusts2021-12-31$46,701,539
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$15,890,460
Assets. Invements in employer securities at beginning of year2021-12-31$0
Contributions received in cash from employer2021-12-31$9,112,787
Employer contributions (assets) at end of year2021-12-31$2,267,200
Employer contributions (assets) at beginning of year2021-12-31$1,257,805
Income. Dividends from common stock2021-12-31$5,838
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$95,322,953
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$8,291,207
Aggregate carrying amount (costs) on sale of assets2021-12-31$7,800,695
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ERNST & YOUNG LLP
Accountancy firm EIN2021-12-31346565596
2020 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$175,181,996
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$96,990,642
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$96,296,819
Value of total corrective distributions2020-12-31$43,667
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$36,572,863
Value of total assets at end of year2020-12-31$918,254,987
Value of total assets at beginning of year2020-12-31$840,063,633
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$650,156
Total interest from all sources2020-12-31$632,504
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$17,197,994
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$17,197,994
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$27,450,915
Participant contributions at end of year2020-12-31$7,465,907
Participant contributions at beginning of year2020-12-31$8,673,353
Participant contributions at end of year2020-12-31$28,448
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$5,374,879
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$2,920
Other income not declared elsewhere2020-12-31$80,939
Administrative expenses (other) incurred2020-12-31$650,156
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$78,191,354
Value of net assets at end of year (total assets less liabilities)2020-12-31$918,254,987
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$840,063,633
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$477,851,984
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$795,387,537
Interest on participant loans2020-12-31$632,504
Value of interest in common/collective trusts at end of year2020-12-31$431,650,843
Value of interest in common/collective trusts at beginning of year2020-12-31$36,002,743
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$61,056,319
Net investment gain or loss from common/collective trusts2020-12-31$59,641,377
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$3,747,069
Employer contributions (assets) at end of year2020-12-31$1,257,805
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$96,293,899
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ERNST & YOUNG LLP
Accountancy firm EIN2020-12-31346565596
2019 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$2,198,286
Total transfer of assets to this plan2019-12-31$2,198,286
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$202,024,587
Total income from all sources (including contributions)2019-12-31$202,024,587
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$87,706,838
Total of all expenses incurred2019-12-31$87,706,838
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$87,003,074
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$87,003,074
Value of total corrective distributions2019-12-31$70,457
Value of total corrective distributions2019-12-31$70,457
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$42,065,019
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$42,065,019
Value of total assets at end of year2019-12-31$840,063,633
Value of total assets at end of year2019-12-31$840,063,633
Value of total assets at beginning of year2019-12-31$723,547,598
Value of total assets at beginning of year2019-12-31$723,547,598
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$633,307
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$633,307
Total interest from all sources2019-12-31$674,084
Total interest from all sources2019-12-31$674,084
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$35,885,382
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$35,885,382
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$35,885,382
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$35,885,382
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
If this is an individual account plan, was there a blackout period2019-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$27,639,493
Contributions received from participants2019-12-31$27,639,493
Participant contributions at end of year2019-12-31$8,673,353
Participant contributions at end of year2019-12-31$8,673,353
Participant contributions at beginning of year2019-12-31$8,398,260
Participant contributions at beginning of year2019-12-31$8,398,260
Participant contributions at end of year2019-12-31$0
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$1,155,336
Participant contributions at beginning of year2019-12-31$1,155,336
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$4,706,464
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$4,706,464
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$38,897
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$38,897
Other income not declared elsewhere2019-12-31$114,839
Other income not declared elsewhere2019-12-31$114,839
Administrative expenses (other) incurred2019-12-31$633,307
Administrative expenses (other) incurred2019-12-31$633,307
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
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$114,317,749
Value of net income/loss2019-12-31$114,317,749
Value of net assets at end of year (total assets less liabilities)2019-12-31$840,063,633
Value of net assets at end of year (total assets less liabilities)2019-12-31$840,063,633
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$723,547,598
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$723,547,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$795,387,537
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$795,387,537
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$682,835,753
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$682,835,753
Interest on participant loans2019-12-31$674,084
Interest on participant loans2019-12-31$674,084
Value of interest in common/collective trusts at end of year2019-12-31$36,002,743
Value of interest in common/collective trusts at end of year2019-12-31$36,002,743
Value of interest in common/collective trusts at beginning of year2019-12-31$30,804,461
Value of interest in common/collective trusts at beginning of year2019-12-31$30,804,461
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$117,344,604
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$117,344,604
Net investment gain or loss from common/collective trusts2019-12-31$5,940,659
Net investment gain or loss from common/collective trusts2019-12-31$5,940,659
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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 contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$9,719,062
Contributions received in cash from employer2019-12-31$9,719,062
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$353,788
Employer contributions (assets) at beginning of year2019-12-31$353,788
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$86,964,177
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$86,964,177
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
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
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)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ERNST & YOUNG LLP
Accountancy firm name2019-12-31ERNST & YOUNG LLP
Accountancy firm EIN2019-12-31346565596
Accountancy firm EIN2019-12-31346565596
2018 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$11,891,298
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$150,618,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$150,148,623
Value of total corrective distributions2018-12-31$59,301
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$48,131,410
Value of total assets at end of year2018-12-31$723,547,598
Value of total assets at beginning of year2018-12-31$862,274,543
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$410,319
Total interest from all sources2018-12-31$546,073
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$29,513,033
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$29,513,033
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$25,000,000
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
Contributions received from participants2018-12-31$28,682,650
Participant contributions at end of year2018-12-31$8,398,260
Participant contributions at beginning of year2018-12-31$9,509,074
Participant contributions at end of year2018-12-31$1,155,336
Participant contributions at beginning of year2018-12-31$1,022,355
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$10,834,281
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$1,180,292
Other income not declared elsewhere2018-12-31$1,225,717
Administrative expenses (other) incurred2018-12-31$410,319
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-138,726,945
Value of net assets at end of year (total assets less liabilities)2018-12-31$723,547,598
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$862,274,543
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 registered invesment companies (eg mutual funds) at end of year2018-12-31$682,835,753
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$794,338,245
Interest on participant loans2018-12-31$546,073
Value of interest in common/collective trusts at end of year2018-12-31$30,804,461
Value of interest in common/collective trusts at beginning of year2018-12-31$49,241,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-66,295,110
Net investment gain or loss from common/collective trusts2018-12-31$-1,229,825
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$8,614,479
Employer contributions (assets) at end of year2018-12-31$353,788
Employer contributions (assets) at beginning of year2018-12-31$8,163,464
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$148,968,331
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ERNST & YOUNG LLP
Accountancy firm EIN2018-12-31346565596
2017 : VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$0
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$590,061,269
Total transfer of assets from this plan2017-12-31$24,471,018
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$181,638,739
Total loss/gain on sale of assets2017-12-31$1,136,801
Total of all expenses incurred2017-12-31$75,616,945
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$74,853,278
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$58,512,301
Value of total assets at end of year2017-12-31$862,274,543
Value of total assets at beginning of year2017-12-31$190,662,498
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$763,667
Total interest from all sources2017-12-31$465,815
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$25,931,110
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$25,603,272
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$25,000,000
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
Contributions received from participants2017-12-31$30,948,296
Participant contributions at end of year2017-12-31$9,509,074
Participant contributions at beginning of year2017-12-31$0
Participant contributions at end of year2017-12-31$1,022,355
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$6,980,408
Other income not declared elsewhere2017-12-31$75,205
Administrative expenses (other) incurred2017-12-31$763,667
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$106,021,794
Value of net assets at end of year (total assets less liabilities)2017-12-31$862,274,543
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$190,662,498
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 registered invesment companies (eg mutual funds) at end of year2017-12-31$794,338,245
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$0
Interest on participant loans2017-12-31$465,815
Value of interest in master investment trust accounts at end of year2017-12-31$0
Value of interest in master investment trust accounts at beginning of year2017-12-31$184,588,473
Value of interest in common/collective trusts at end of year2017-12-31$49,241,405
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,771,239
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$84,110,854
Net investment gain or loss from common/collective trusts2017-12-31$11,406,653
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$20,583,597
Employer contributions (assets) at end of year2017-12-31$8,163,464
Employer contributions (assets) at beginning of year2017-12-31$4,302,786
Income. Dividends from common stock2017-12-31$327,838
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$74,853,278
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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
Aggregate proceeds on sale of assets2017-12-31$18,074,572
Aggregate carrying amount (costs) on sale of assets2017-12-31$16,937,771
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 name2017-12-31ERNST & YOUNG, LLP
Accountancy firm EIN2017-12-31346565596

Form 5500 Responses for VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN

2022: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: VERTIV CO. EMPLOYEE RETIREMENT SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberIND CONTR
Policy instance 1
Insurance contract or identification numberIND CONTR
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?1
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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