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FORM 5500 DATA

H.D. Hudson Manufacturing Company Retirement Savings Plan

Overview

Plan Information

  • Plan Year01/01/2012 — 12/31/2012
  • Date of Plan01/01/2001
  • Net Assets as of 12/31/2012 $5,181,940
  • Plan Number10
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2012

  • Active (Eligible) Participants171
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits64
  • Subtotal235
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total236
  • Total number of participants as of 01/01/2012247
  • Number of participants with account balances236
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested14

Expenses

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

Sponsor Information

  • Address500 N. Michigan Avenue, Fl 23
  • CityChicago
  • StateIL
  • Zip60611-3766
  • Telephone(312) 644-2830
  • EIN36-1243360
  • Industry Code333100
  • Named AdministratorMarilyn Mitchell
  • Named Plan SponsorMarilyn Mitchell

Audit Information

  • Audit StatusAudited
  • AuditorMcgladrey LLP
  • Auditor EIN42-0714325
  • 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.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D 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.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

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? Yes $3
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 $1,000,000
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
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $1,150,035
Contributions $731,754
Cash Contributions $731,754
Cash from Employers $306,312
Cash from Participants $425,442
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $418,281
Total Interest $20,829
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,770
Interest from Other Investments $18,059
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $397,452
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 $0
Other Income $0
Expenses $216,708
Total Benefit Payments $209,121
Directly to participants or beneficiaries, including direct rollovers $209,121
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $7,587
Professional Fees $4,280
Contract Administrator Fees $3,307
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $933,327
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2012 12/31/2011 Change YOY
Total Assets $5,181,940 $4,248,613 21.97%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $2,063 $624 230.61%
Employer Contributions $2,063 $624 230.61%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
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 $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
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 $80,068 $39,952 100.41%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $4,027,634 $3,346,983 20.34%
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 $0 $0 0.0%
Value of funds held in insurance co. general account $1,072,175 $861,054 24.52%
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 $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $5,181,940 $4,248,613 21.97%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Transamerica Life Insurance Company

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Transamerica Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Participant loan processing, Investment management fees paid indirectly by plan, Float revenue, Recordkeeping fees, Other insurance wrap fees NONE $18,321 $0 $18,321
Total $18,321 $0 $18,321

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Vanguard Target Ret 2020 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $424,242
Vanguard Target Ret 2025 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $423,483
Vanguard Target Ret 2015 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $394,411
Vanguard Target Ret 2045 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $304,417
Wells Fargo Adv Precious Metals Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $292,809
Vanguard Target Ret 2035 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $275,075
Pioneer Fundamental Value Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $212,191
Wells Fargo Advantage Smcap Val Inv Transamerica Life Insurance Company DFE: Pooled Separate Account $196,179
Jpmorgan Government Securities Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $163,303
Goldman Sachs Mid Cap Value Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $135,406
Janus Overseas Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $130,813
Vanguard Target Ret 2040 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $126,874
Vanguard Target Ret 2030 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $113,889
Thornburg Intl Value Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $113,125
Columbia Income Opportunities Inv Transamerica Life Insurance Company DFE: Pooled Separate Account $97,038
Vanguard Target Ret 2050 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $90,723
Nuveen Real Estate Securities Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $90,197
Goldman Sachs Mid-Cap Opportunities Transamerica Life Insurance Company DFE: Pooled Separate Account $89,597
Nuveen Small Cap Select Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $82,699
Alger Capital Appreciation Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $68,817
Vanguard Target Ret Income Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $44,409
Mutual Shares Inv Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $35,440
Transamerica Partners Stck Indx Ret Transamerica Life Insurance Company DFE: Pooled Separate Account $30,584
Vanguard Small-Cap Index Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $21,658
Vanguard Target Ret 2010 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $18,976
Ssga S&P Mid Cap Index Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $16,145
Oppenheimer Intl Bond Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $15,992
American Century Inflation-Adj Bond Transamerica Life Incurance Company DFE: Pooled Separate Account $12,016
Janus Balanced Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $6,369
Vanguard Target Ret 2055 Ret Opt Transamerica Life Insurance Company DFE: Pooled Separate Account $757
Total $4,027,634

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Transamerica Life Insurance Company 236
EIN 39-0989781
Industry Code 86231
Contract Number 998793-000
Contract Year 01/01/2012 — 12/31/2012
Value in General Account at Year End $1,072,175
Value in Separate Accounts at Year End $4,027,634
Insurance Fees and Commissions $20,484
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Chase Insurance Agency, Inc. Producer Karen J Merrell Milwaukee, WI 53202 Insurance Agent or Broker $18,192 $0
Qualified Pension Professionals Inc 22W491 Arbor Lane Glen Ellyn, IL 60137 Third Party Administrator $0 $2,292 SERVICE FEES
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Guaranteed Investment
Balance at the end of the previous year $861,054
Additions $442,296
Contributions Deposited during the year $162,806
Dividends and credits $0
Interest credited during the year $18,059
Transferred from separate account $258,647
Other $2,784
Total of Balance and Additions $1,303,350
Deductions $231,175
Disbursed from fund to pay benefits or purchase annuities during the year $74,358
Administration charge made by carrier $3,307
Transferred to Separate Account $153,510
Other $0
Balance at the end of the current year $1,072,175