Unfortunately the internet will be taking these kind of printing companies down as more and more accounts are going digital now. Great break room with coffee and vending machines. Quebecor World was a great place to work. Worked several days with out time off. An active participant may borrow against his or her vested account balance a minimum of $1,000 up to the lesser of $50,000 or 50% of their vested account balance, subject to certain restrictions. It was a great place to work. The Plan Administrator and the Plan's tax counsel believe that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC. 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. Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)). Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? Favoritism towards pretty women, best friends, and relatives was out of control. 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? Non-union, full-time permanent employees are eligible to participate in the Plan upon his or her first hour of service and upon attaining the age of 18; and non-union, part-time employees can participate following the completion of 1,000 hours of service or one year of service, whichever comes first, and upon attaining the age of 18. Were any leases to which the plan was a party in default or classified during the year as uncollectible? In addition, the Plan invests in the subordinated voting shares of Quebecor World Inc., the parent of the Plan Sponsor, through the Quebecor World Inc. Stock Fund. Dealing with many differebnt personalities. The supplemental schedule has been subjected to the auditing procedures applied in our audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole. Such distributions can occur upon request of the terminated participant. The company does not exist any longer. flexible schedule 3-4 / 12hr shifts a week. Operations were shutdown in late 2000's. This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1. I felt we were under-manned at times. Pursuant to the requirements of the Securities Exchange Act of 1934, the Trustee (or other persons who administer the employee benefit plan) has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Members of a PBU may contribute as permitted by the collective bargaining agreement applicable to the employee. When no jobs for presses would clean for days on end until work came in. Is Indeed your favorite place to learn about companies? Types of QDROs 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. I was based conveniently between the HR office and the president's office with many cubicles behind me. Great working environment kept you busy with work. The company claimed bankruptcy and laid off many people. It was a good job for someone right out of high school, I was able to work full with overtime and make enough to buy my first house within a year. Was fun to work there, however, with young kids and the constant overtime, I had to choose to be with my kids. They'd often have catering. Table of Contents, Report of Independent Registered Public Accounting Firm, Statements of Net Assets Available for Benefits as of December 31, 2003 and 2002, Statements of Changes in Net Assets Available for Benefits for the years ended December 31, 2003 and 2002, Schedule H, Line 4i - Schedule of Assets (Held at End of Year), December 31, 2003. Good paying job for single mother of three to provide for family. (2)   Summary of Significant Accounting Policies. Of the total net assets available for Plan benefits at December 31, 2003, $14,745,200 relates to accounts of participants who have terminated employment with the Company but who have not elected to receive distributions of their benefits. On March 30, 2004 the Plan transferred all of its holdings in the Putnam International Equity Fund to the Fidelity International Fund. Good paying job for single mother of three to provide for family. Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. Benefits & Features PBU employees shall become eligible on the entry date on which the employee satisfies the eligibility requirements set forth in the relevant collective bargaining agreement. This happened a lot on 2nd shift. In 1999, a subsidiary of Quebecor Printing, Inc. merged with World Color and the resulting entity is Quebecor World (USA), Inc. ("Quebecor"). Also on January 23, 2004 the North American Pension Committee decided to replace the Putnam International Equity Fund with the Fidelity International Fund. Really enjoyed the people I worked with and benefits and management … I loved my job until the plant closed. *Certain supplemental schedules to be filed with the Department of Labor in accordance with the Employee Retirement Income Security Act of 1974 have been omitted, as they are not applicable. Did the plan have assets held for investment? PIMCO Total Return Fund - Invests primarily in investment grade debt securities, but may invest up to 10% of its assets in high yield securities. See more Quebecor World reviews by job title, See more Quebecor World reviews by location. Washington, D.C. 20549, QUEBECOR WORLD (USA) INC. 291 State StreetNorth Haven, CONNECTICUT 06473(Name of issuer of the securities held pursuant to the plan and Benefit payments are recorded by the Plan when they have been approved for payment and paid by the Plan. (Registrant's telephone number, including area code), Financial Statements and Supplemental Schedules, (With Report of Independent Registered Public Accounting Firm), QUEBECOR WORLD (USA) INC. 401(k) PLAN They had picnics for the families of the employees and all of the workers worked together as a whole. Employees should refer to the Plan document for a more complete description of the Plan's provisions. If the baler plugged up then things got very stressful as the baler was tied in to the binding lines.Unplugging the baler and having to unload and store material from incoming trucks became very stressful situation. Was fun to work there, however, with young kids and the constant overtime, I had to choose to be with my kids. Upon termination of service of a participant prior to full vestiture, the non-vested portion of the Company's contribution is forfeited and used to pay plan expenses and/or applied to reduce future employer contributions. This was a great place to work, they had moral for the family and employees. Non-union employees will have an employer match equal to 50% of the employees' pre-tax contribution, up to a maximum contribution of $1,500 per plan year. Purchases and sales are recorded on a trade-date basis; dividends are recorded on the ex-dividend date. Having only two workers to watch the baler room and keep the binding lines loaded and unloading trucks was not enough. These plans often contain a 401(k) feature. Things where slow at time but management was overall good and effective. BrightScope is not endorsed by or affiliated with FINRA. Was well run by lower level management, and, people worked hard for their money. Vacation was negotiable. He would find a reason to get you fired if you was to social with certain females. The suspension will remain in force throughout 2004. They both offered great pay and benefits. How often do raises occur at Quebecor World? Desbiens … 333-8870) filed on Form S-8 of Quebecor World Inc. of our report dated June 11, 2004, relating to the statements of net assets available for benefits of the Quebecor World (USA) Inc. 401(k) Plan as of North Haven, CT 06473 Home I liked the office alot they have a gym on site but the place was no longer a secure place to work. Responsible for the scheduling and management of transportation country wide to ensure quality service and cost control for a world wide printing company. The front entrance was directly in front of my desk. What are the steps along …. Sample QDRO The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. I miss Quebecor World Logistics. MONTREAL—Michel Desbiens has been tapped to head Quebecor World as CEO, replacing long-time chief executive Charles G. Cavell, who first announced his retirement late last year. A defined contribution plan that allows employer discretionary contributions. Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The company did not PM the machines as needed. Learn about Quebecor Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Quebecor employees. SECURITIES AND EXCHANGE COMMISSION How did you feel about telling people you worked at Quebecor World? Downside did not like doing constant swing shifts.

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