Woods Equipment Company 401(k) Plan (terminated 2012): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2012, when $50.0 million was transferred out of the plan. Assets moved to the OREGON TOOL 401(K) RETIREMENT PROFIT SHARING PLUS PLAN (sponsored by OREGON TOOL, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Woods Equipment Company 401(k) Plan Facts (plan year 2012)

Plan name
WOODS EQUIPMENT CO. INCENTIVE SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WOODS EQUIPMENT COMPANY
Participants
957
Former employees with a balance
0
Employer contributions
$520,450 in plan year 2012 (27% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Mar 16, 1966
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 9, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $1.93 million went into the plan in contributions, $520,450 of it from the employer (27%).
  • $3.54 million was paid out to participants.
  • Investment and other income added $5.80 million.

How the Woods Equipment Company 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,047$50.7 million$1,763$11.2 million
2010836$47.7 million$95,501$9.45 million
2011909$45.9 million$486,637$3.54 million
2012 (final)957$0$520,450$3.54 million

Woods Equipment Company 401(k) Contact Information

Phone
815-732-9230
Mailing address
2606 S ILLINOIS ROUTE 2, OREGON IL 61061
Plan sponsor
WOODS EQUIPMENT COMPANY
Employer identification number (EIN)
36-3868248
Plan number
001

Questions about the Woods Equipment Company 401(k)

Is the Woods Equipment Company 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2012. Its assets were transferred to the OREGON TOOL 401(K) RETIREMENT PROFIT SHARING PLUS PLAN.

Does Woods Equipment Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $520,450, 27% of all contributions.

Does the Woods Equipment Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Woods Equipment Company 401(k) plan?

957 participants at the start of plan year 2012.

Who manages the Woods Equipment Company 401(k) accounts?

ADP Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.

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