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FORM 5500 DATA

Autoliv ASP, Inc. Employee Savings and Investment Plan

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan07/01/1989
  • Net Assets as of 12/31/2017 $663,497,068
  • Plan Number36
  • 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 12/31/2017

  • Active (Eligible) Participants5,352
  • Retired or separated participants receiving benefits84
  • Other retired or separated participants entitled to future benefits969
  • Subtotal6,405
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits14
  • Total6,419
  • Total number of participants as of 01/01/20176,557
  • Number of participants with account balances6,219
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

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

Sponsor Information

  • Address3350 Airport Road M/S A16610
  • CityOgden
  • StateUT
  • Zip84405
  • Telephone(801) 620-8052
  • EIN36-3640053
  • Industry Code336300
  • Named AdministratorKaren Cyrowski

Audit Information

  • Audit StatusAudited
  • AuditorErnst & Young LLP
  • Auditor EIN34-6565596
  • 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.
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? 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 $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 $126,138,040
Contributions $45,846,792
Cash Contributions $45,846,792
Cash from Employers $13,058,437
Cash from Participants $29,991,994
Others (including rollovers) $2,796,361
Noncash Contributions $0
Total Earnings on Investments $80,291,248
Total Interest $6,486,632
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $453,059
Interest from Other Investments $6,033,573
Total Dividends $2,062,937
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 $61,873,136
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 $9,868,543
Other Income $0
Expenses $31,009,699
Total Benefit Payments $29,871,324
Directly to participants or beneficiaries, including direct rollovers $29,871,324
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $24,865
Certain deemed distributions of participant loans $-5,577
Interest expense $0
Total Administrative Expenses $1,119,087
Professional Fees $258,299
Contract Administrator Fees $0
Investment Advisory and management fees $724,723
Other Administrative Fees $136,065
Net Income $95,128,341
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $663,497,068 $568,368,727 16.74%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $381,926 $443,741 -13.93%
Employer Contributions $381,926 $437,021 -12.61%
Participant Contributions $0 $6,720 -100.00%
Other Contributions $0 $0 0.0%
General Investments $5,956,773 $6,122,120 -2.70%
Interest-bearing cash $5,956,773 $6,122,120 -2.70%
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 $11,200,098 $11,259,558 -0.53%
Value of interest in common/collective trusts $419,697,794 $340,129,603 23.39%
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 $73,918,538 $53,257,505 38.79%
Value of funds held in insurance co. general account $152,341,939 $157,156,200 -3.06%
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 $663,497,068 $568,368,727 16.74%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Great-West Life & Annuity Insur Co

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
New York Life Insurance Company Investment management NONE $426,635 $0 $426,635
Great-West Life & Annuity Insurance Recordkeeping and information management (computing, tabulating, data processing, etc.), Recordkeeping fees, Participant loan processing, Direct payment from the plan NONE $399,613 $0 $399,613
Wells Fargo Advisors Consulting (general) NONE $175,000 $0 $175,000
Ernst & Young Accounting (including auditing) NONE $113,126 $0 $113,126
Jones Waldo Legal NONE $1,326 $0 $1,326
Total $1,115,700 $0 $1,115,700

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Great-West Life & Annuity Insurance Millennium Trust Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Recordkeeping fees Payments of Up To $10.00 Per Rollover Account $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
Ntgi S&P 500 Index Nl-Tier 3 Northern Trust Investments, Inc DFE: Common/Collective Trust $101,289,199
Jpmcb Smartretire Pass Blend 2030 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $70,537,592
Ntgi S&P Midcap 400 Index Nl-Tier 2 Northern Trust Investments, Inc DFE: Common/Collective Trust $35,540,234
Jpmcb Smartretire Pass Blend 2040 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $35,454,298
Ntgi Russell 2000 Index Nl-Tier 2 Northern Trust Investments, Inc DFE: Common/Collective Trust $35,030,634
Jpmcb Smartretire Pass Blend 2020 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $34,166,286
Jpmcb Smartretire Pass Blend 2050 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $28,064,559
Jpmcb Smartretire Pass Blend 2025 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $19,656,545
Ntgi Eafe Index Nl-Tier 2 Northern Trust Investments, Inc DFE: Common/Collective Trust $15,299,984
Jpmcb Smartretire Pass Blend 2035 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $11,928,736
Ntgi Aggregate Bond Index Nl-Tier 2 Northern Trust Investments, Inc DFE: Common/Collective Trust $10,886,263
Jpmcb Smartretire Pass Blend Inc C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $10,541,127
Jpmcb Smartretire Pass Blend 2055 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $5,937,580
Jpmcb Smartretire Pass Blend 2045 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $5,364,757
Jpmcb Smartretire Pass Blend 2015 C Jpmorgan Chase Bank, N.A. DFE: Common/Collective Trust $0
Total $419,697,794

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
New York Life Insurance Company 0
EIN 13-5582869
Industry Code 66915
Contract Number GA06410
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $0
Value in Separate Accounts at Year End $152,341,939
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees There are no brokers listed for this plan.
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 Unspecified
Balance at the end of the previous year $147,212,382
Additions $6,033,573
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $6,033,573
Transferred from separate account $0
Other $0
Total of Balance and Additions $153,245,955
Deductions $0
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 $0
Balance at the end of the current year $153,245,955