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FORM 5500 DATA

Exide Technologies 401k Savings and Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2008 — 12/31/2008
  • Date of Plan01/28/1983
  • Net Assets as of 12/31/2008 $92,386,539
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program? No
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2008

  • Active (Eligible) Participants3,262
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits853
  • Subtotal4,115
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits9
  • Total4,124
  • Total number of participants as of 01/01/20084,477
  • Number of participants with account balances4,986
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested62
  • Number of participants required to be reported on Schedule SSA389

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address13000 Deerfield Pkwy, Building 100
  • CityMilton
  • StateGA
  • Zip30004-6119
  • Telephone(678) 566-9163
  • EIN23-0552730
  • Industry Code335900
  • Named Plan SponsorTf4Ad Oraeakillebw

Plan Administrator Information

  • Administrator NameExide Corp Ret Pl Anmin Committee
  • Address13000 Deerfield Pkwy Building 100
  • CityMilton
  • StateGA
  • Zip30004-6119
  • Telephone(678) 566-9163
  • Administrator EIN23-2335268

Plan Preparer Information

  • Preparer NameWindham Brannon, P.C.
  • AddressRrti 200
  • City Att Anta
  • State
  • Zip10309-1230
  • Telephone(404) 898-2000
  • Preparer EIN58-1763439

Audit Information

  • Audit StatusAudited
  • AuditorWindham Brannon, P.C.
  • Auditor EIN58-1763439
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G 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.
2J 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.
2K 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 contributions 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.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $15,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No

Financials

Income and Expense Statement

Income $-10,851,635
Contributions $18,336,375
Cash Contributions $18,336,375
Cash from Employers $9,648,363
Cash from Participants $8,447,399
Others (including rollovers) $240,613
Noncash Contributions $0
Total Earnings on Investments $-29,188,010
Total Interest $261,948
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $261,948
Interest from Other Investments $0
Total Dividends $9,140
Preferred Stock $0
Common Stock $9,140
Rents $0
Net gain (loss) on sale of assets $-70,131
Aggregate Proceeds $2,231,966
Aggregate Carrying Amount $2,302,097
Total Unrealized Appreciation (depreciation) of assets $-357,800
Real Estate $0
Other $-357,800
Net investment gain (loss) from common/collective trusts $-77,718
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $-28,953,449
Other Income $0
Expenses $8,823,279
Total Benefit Payments $8,351,528
Directly to participants or beneficiaries, including direct rollovers $8,351,528
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $230,970
Interest expense $0
Total Administrative Expenses $240,781
Professional Fees $240,781
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $-19,674,914
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2008 12/31/2007 Change YOY
Total Assets $92,574,894 $85,779,445 7.92%
Total noninterest-bearing cash $0 $22,152 -100.00%
Receivables $864,981 $435,407 98.66%
Employer Contributions $438,642 $60,690 622.76%
Participant Contributions $321,321 $156,113 105.83%
Other Contributions $105,018 $218,604 -51.96%
General Investments $67,248 $7,681 775.51%
Interest-bearing cash $67,248 $7,681 775.51%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $511,871 $874,714 -41.48%
Preferred $0 $0 0.0%
Common $511,871 $874,714 -41.48%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $4,042,220 $1,291,272 213.04%
Value of interest in common/collective trusts $29,057,987 $18,803,940 54.53%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $58,030,587 $64,344,279 -9.81%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $188,355 $391,508 -51.89%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $168,357 $391,508 -57.00%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $19,998 $0 0.0%
Net Assets $92,386,539 $85,387,937 8.20%

Service Providers

Service Providers

Name Nature of Service Relationship to Plan Sponsor Gross Salary or Allowances Paid by Plan Fees and Commissions Paid by Plan Total Salary/Fees
Acs Hr Solutions LLC Contract Administrator $0 $224,115 $224,115
Hewitt Investment Group Investment Advisor $0 $11,663 $11,663
Mazursky Constantine LLC Legal $0 $5,003 $5,003
Total $0 $240,781 $240,781

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Mellon Stable Value Fund Mellon Bank DFE: Common/Collective Trust $29,057,987
Total $29,057,987

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.