Back to top
FORM 5500 DATA

La Crosse Truck/River States/Minnesota Truck 401k Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan04/01/1957
  • Net Assets as of 12/31/2017 $21,697,349
  • Plan Number1
  • 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 Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2017

  • Active (Eligible) Participants205
  • Retired or separated participants receiving benefits9
  • Other retired or separated participants entitled to future benefits32
  • Subtotal246
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total246
  • Total number of participants as of 01/01/2017241
  • Number of participants with account balances211
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested16

Expenses

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

Sponsor Information

  • Address205 Causeway Boulevard
  • CityLa Crosse
  • StateWI
  • Zip54603
  • Telephone(608) 785-0800
  • EIN39-0944379
  • Industry Code441228
  • Named AdministratorStephen Heuslein
  • Named Plan SponsorStephen Heuslein

Audit Information

  • Audit StatusAudited
  • AuditorBaker Tilly Virchow Krause
  • Auditor EIN39-0859910
  • 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? 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 $4,839,527
Contributions $1,497,502
Cash Contributions $1,497,502
Cash from Employers $417,793
Cash from Participants $833,158
Others (including rollovers) $246,551
Noncash Contributions $0
Total Earnings on Investments $3,086,106
Total Interest $14,212
Interest-Bearing Cash $6,598
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $7,614
Interest from Other Investments $0
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 $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 $3,071,894
Other Income $255,919
Expenses $2,517,807
Total Benefit Payments $2,444,690
Directly to participants or beneficiaries, including direct rollovers $2,439,786
To insurance carriers for the provision of benefits $4,904
Other Benefit Payment Fees $0
Corrective Distributions $6,953
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $66,164
Professional Fees $66,164
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $2,321,720
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 $21,711,562 $19,389,353 11.98%
Total noninterest-bearing cash $174 $0 0.0%
Receivables $52,792 $46,885 12.60%
Employer Contributions $12,769 $12,439 2.65%
Participant Contributions $23,979 $21,476 11.65%
Other Contributions $16,044 $12,970 23.70%
General Investments $632,323 $580,444 8.94%
Interest-bearing cash $632,323 $580,444 8.94%
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 $212,868 $144,175 47.65%
Value of interest in common/collective trusts $0 $0 0.0%
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 $20,646,825 $18,266,917 13.03%
Value of funds held in insurance co. general account $166,580 $350,932 -52.53%
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 $14,213 $13,724 3.56%
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) $14,213 $13,724 3.56%
Net Assets $21,697,349 $19,375,629 11.98%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Trust Point Inc

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
Trust Point Inc. Recordkeeping and information management (computing, tabulating, data processing, etc.), Trustee (bank, trust company, or similar financial institution), Trustee (discretionary), Investment management, Participant loan processing, Participant communication, Investment management fees paid directly by plan, Recordkeeping fees NONE $59,014 $0 $59,014
Schenck Sc Accounting (including auditing) NONE $7,150 $0 $7,150
Total $66,164 $0 $66,164

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

Name Position Explanation
Schenck Sc Auditor It Is The Company's Business Practice To Evaluate Pricing of Accounting Firms Every 3 Years. The Company Employed The Service of The Firm for Over 4 Years and The Pricing of The New Firm Was Much More Competitive.

Investments

Investments

No investments information available for this plan.

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Massachusetts Mutual Life Insurance Company 5
EIN 04-1590850
Industry Code 65935
Contract Number 4762124
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $133,031
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $59
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Perkins Financial Ltd 2631 University Ave Madison, WI 53705 Insurance Agent or Broker $31 $0
Ronald Perkins 2631 University Ave #106 Madison, WI 53705 Insurance Agent or Broker $28 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates as Published & Filed
Premiums paid to carrier $2,938
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 $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
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 $0
Massachusetts Mutual Life Insurance Company 3
EIN 04-1590850
Industry Code 65935
Contract Number 3883318
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $39,945
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $17
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Perkins Financial Ltd 2631 University Ave #106 Madison, WI 53705 Insurance Agent or Broker $12 $0
Perkins Ronald L 2631 University Ave Madison, WI 53705 Insurance Agent or Broker $5 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates as Published & Filed
Premiums paid to carrier $1,098
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 $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
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 $0
Massachusetts Mutual Life Insurance Company 1
EIN 04-1590850
Industry Code 65935
Contract Number 011010119
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Powers Timothy W 525 Junction Rd Ste 8100N Madison, WI 53717 Insurance Agent or Broker $0 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates
Premiums paid to carrier $531
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 $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
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 $0
C.M. Life Insurance Company 1
EIN 06-1041383
Industry Code 93432
Contract Number 71028010
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $15,979
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Powers Timothy W 525 Junction Rd Ste 8100N Madison, WI 53717 Insurance Agent or Broker $0 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates
Premiums paid to carrier $330
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 $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
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 $0