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FORM 5500 DATA

Heidenhain Corporation 401k Savings Plan

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan04/01/1991
  • Net Assets as of 12/31/2019 $40,946,329
  • 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?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants169
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits121
  • Subtotal290
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total291
  • Total number of participants as of 01/01/2019308
  • Number of participants with account balances290
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested13

Expenses

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

Sponsor Information

  • Address333 E. State Park Way
  • CitySchaumburg
  • StateIL
  • Zip60173
  • Telephone(847) 490-1191
  • EIN36-2584485
  • Industry Code339900

Audit Information

  • Audit StatusAudited
  • AuditorPlante & Moran, PLLC
  • Auditor EIN38-1357951
  • 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.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
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? 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 $500,000
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 $10,054,171
Contributions $2,109,383
Cash Contributions $2,109,383
Cash from Employers $906,268
Cash from Participants $1,192,043
Others (including rollovers) $11,072
Noncash Contributions $0
Total Earnings on Investments $7,944,788
Total Interest $31,154
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $31,154
Interest from Other Investments $0
Total Dividends $343,242
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 $136,211
Net investment gain (loss) from pooled separate accounts $5,928,414
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 $1,505,767
Other Income $0
Expenses $4,355,505
Total Benefit Payments $4,225,380
Directly to participants or beneficiaries, including direct rollovers $4,225,380
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $25,042
Interest expense $0
Total Administrative Expenses $105,083
Professional Fees $0
Contract Administrator Fees $105,083
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $5,698,666
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $40,946,329 $35,247,663 16.17%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
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 $483,849 $633,529 -23.63%
Value of interest in common/collective trusts $2,851,365 $2,602,993 9.54%
Value of interest in pooled separate accounts $27,270,304 $23,986,446 13.69%
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 $10,279,270 $8,024,695 28.10%
Value of funds held in insurance co. general account $61,541 $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 $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 $40,946,329 $35,247,663 16.17%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

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
Principal Life Insurance Company Contract Administrator, Recordkeeping fees, Participant loan processing, Direct payment from the plan None known $105,083 $0 $105,083
Principal Securities Inc Other services, Other commissions, Other fees None known $0 $13,243 $13,243
Wilshire Associates Incorporated Investment advisory (plan), Other investment fees and expenses None known $0 $0 $0
Total $105,083 $13,243 $118,326

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Principal Securities Inc Principal Life Insurance Company Other services, Other commissions, Other fees Commissions and Referral/Service Fee $13,243
Wilshire Associates Incorporated Principal Life Insurance Company Investment advisory (plan), Other investment fees and expenses 1 Basis Point Annually On eligible Plan Assets In Wilshire 3(21) Or Wilshire 3(21) Auto-Execute Fiduciary Service $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

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
Prin Largecap Growth I Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $4,233,324
Prin Midcap Growth Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $3,530,616
Principal Stable Value Fund Principal Global Investors Trust Co DFE: Common/Collective Trust $2,851,365
Prin Sam Cons Growth Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $2,727,080
Prin Midcap S&P 400 Idx Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $2,679,125
Prin Lgcap S&P 500 Index Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $2,305,142
Prin Lifetime 2030 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $1,438,217
Prin Lifetime 2035 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $1,250,071
Prin Income Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $1,214,568
Prin Smallcap Value II Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $996,587
Prin Core Plus Bond Sep Act-Z Principal Life Insurance Company DFE: Pooled Separate Account $868,211
Prin Lifetime 2025 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $793,879
Prin Capital Appr Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $624,518
Prin U.S. Property Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $606,000
Prin Sam Strat Growth Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $582,662
Prin Lifetime 2020 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $470,244
Prin Sam Balanced Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $448,594
Prin Smcap S&P 600 Index Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $394,833
Prin Lifetime 2050 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $390,780
Prin Lifetime 2015 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $344,301
Prin Midcap Value I Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $250,570
Prin Lifetime 2040 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $225,071
Prin Intl Smallcap Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $222,587
Prin Lifetime 2045 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $164,132
Prin Lifetime 2055 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $154,870
Prin Sam Flexible Income Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $153,627
Prin Lifetime Strat Inc Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $74,791
Prin Lifetime 2065 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $52,186
Prin Lifetime 2060 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $50,595
Prin Sam Cons Balanced Sa-Z Principal Life Insurance Company DFE: Pooled Separate Account $22,941
Prin Lifetime 2010 Sep Acct-Z Principal Life Insurance Company DFE: Pooled Separate Account $182
Total $30,121,669

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Principal Life Insurance Company 291
EIN 42-0127290
Industry Code 61271
Contract Number 315050
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $61,541
Value in Separate Accounts at Year End $27,270,304
Insurance Fees and Commissions $28,777
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Principal Securities Inc 711 High Street Des Moines, IA 50392 -0001 Insurance Agent or Broker $28,777 $0
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 FLEXIBLE INVESTMENT ANNUITY
Balance at the end of the previous year $0
Additions $61,542
Contributions Deposited during the year $8,721
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $47,075
Other $5,746
Total of Balance and Additions $61,542
Deductions $1
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $1
Balance at the end of the current year $61,541