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PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 401k Plan overview

Plan NamePEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN
Plan identification number 005

PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • 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.
  • 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 contribtions 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.

401k Sponsoring company profile

PEOPLES ENERGY LLC has sponsored the creation of one or more 401k plans.

Company Name:PEOPLES ENERGY LLC
Employer identification number (EIN):275133141
NAIC Classification:221210
NAIC Description:Natural Gas Distribution

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052012-01-01LINDA M. KALLAS WILLIAM J. GUC2013-10-10
0052011-01-01LINDA M. KALLAS WILLIAM J. GUC2012-10-01

Plan Statistics for PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN

401k plan membership statisitcs for PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN

Measure Date Value
2012: PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01950
Total number of active participants reported on line 7a of the Form 55002012-01-012,431
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01549
Total of all active and inactive participants2012-01-012,980
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0116
Total participants2012-01-012,996
Number of participants with account balances2012-01-012,908
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-017
Number of employers contributing to the scheme2012-01-010
2011: PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,135
Total number of active participants reported on line 7a of the Form 55002011-01-01677
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01266
Total of all active and inactive participants2011-01-01943
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-017
Total participants2011-01-01950
Number of participants with account balances2011-01-01934
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-015

Financial Data on PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN

Measure Date Value
2012 : PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$13,320,500
Total unrealized appreciation/depreciation of assets2012-12-31$13,320,500
Total transfer of assets to this plan2012-12-31$246,760,066
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$20,447,805
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$10,684,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$10,675,244
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$6,002,635
Value of total assets at end of year2012-12-31$391,034,846
Value of total assets at beginning of year2012-12-31$134,511,458
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$9,239
Total interest from all sources2012-12-31$126,726
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$988,339
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$15,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$5,621,269
Participant contributions at end of year2012-12-31$5,104,616
Participant contributions at beginning of year2012-12-31$2,833,341
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$27,239
Other income not declared elsewhere2012-12-31$9,605
Total non interest bearing cash at end of year2012-12-31$20,254
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$9,763,322
Value of net assets at end of year (total assets less liabilities)2012-12-31$391,034,846
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$134,511,458
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$226,400,667
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$22,364,279
Income. Interest from loans (other than to participants)2012-12-31$126,726
Value of interest in common/collective trusts at end of year2012-12-31$152,628,865
Value of interest in common/collective trusts at beginning of year2012-12-31$103,347,924
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$354,127
Employer contributions (assets) at end of year2012-12-31$1,695,883
Employer contributions (assets) at beginning of year2012-12-31$311,545
Income. Dividends from common stock2012-12-31$988,339
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$10,675,244
Contract administrator fees2012-12-31$9,239
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$5,184,561
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$5,654,369
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31SCHENCK SC
Accountancy firm EIN2012-12-31391173131
2011 : PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$1,356,489
Total unrealized appreciation/depreciation of assets2011-12-31$1,356,489
Total transfer of assets to this plan2011-12-31$793,413
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$8,189,306
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$10,206,372
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$10,198,110
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$5,935,352
Value of total assets at end of year2011-12-31$134,511,458
Value of total assets at beginning of year2011-12-31$135,735,111
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$8,262
Total interest from all sources2011-12-31$150,153
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$743,040
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$15,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$5,119,264
Participant contributions at end of year2011-12-31$2,833,341
Participant contributions at beginning of year2011-12-31$2,838,766
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$500,290
Other income not declared elsewhere2011-12-31$25,148
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-2,017,066
Value of net assets at end of year (total assets less liabilities)2011-12-31$134,511,458
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$135,735,111
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$22,364,279
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$20,544,844
Interest on participant loans2011-12-31$142,549
Interest earned on other investments2011-12-31$7,604
Value of interest in common/collective trusts at end of year2011-12-31$103,347,924
Value of interest in common/collective trusts at beginning of year2011-12-31$107,062,957
Net investment gain or loss from common/collective trusts2011-12-31$-20,876
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$315,798
Employer contributions (assets) at end of year2011-12-31$311,545
Employer contributions (assets) at beginning of year2011-12-31$211,810
Income. Dividends from common stock2011-12-31$743,040
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$10,198,110
Contract administrator fees2011-12-31$8,262
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$5,654,369
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$5,076,734
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31SCHENCK SC
Accountancy firm EIN2011-12-31391173131

Form 5500 Responses for PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN

2012: PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PEOPLES ENERGY EMPLOYEE CAPITAL ACCUM PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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