A O SMITH CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan AMERICAN WATER HEATER COMPANY PENSION PLAN FOR THE JOHNSON CITY, TENNESSEE MANUFACTURING BARGAINING UNIT
401k plan membership statisitcs for AMERICAN WATER HEATER COMPANY PENSION PLAN FOR THE JOHNSON CITY, TENNESSEE MANUFACTURING BARGAINING UNIT
| Measure | Date | Value |
|---|
| 2023: AMERICAN WATER HEATER COMPANY PENSION PLAN FOR THE JOHNSON CITY, TENNESSEE MANUFACTURING BARGAINING UNIT 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 784 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 632 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 43 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 57 |
| Total of all active and inactive participants | 2023-01-01 | 732 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 2 |
| Total participants | 2023-01-01 | 734 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 59 |
| 2022: AMERICAN WATER HEATER COMPANY PENSION PLAN FOR THE JOHNSON CITY, TENNESSEE MANUFACTURING BARGAINING UNIT 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 22,598,396 |
| Acturial value of plan assets | 2022-12-31 | 22,598,396 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
| Number of terminated vested participants | 2022-12-31 | 0 |
| Fundng target for terminated vested participants | 2022-12-31 | 0 |
| Active participant vested funding target | 2022-12-31 | 11,430,341 |
| Number of active participants | 2022-12-31 | 766 |
| Total funding liabilities for active participants | 2022-12-31 | 11,859,358 |
| Total participant count | 2022-12-31 | 766 |
| Total funding target for all participants | 2022-12-31 | 11,859,358 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 717,317 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 725 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 24 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 34 |
| Total of all active and inactive participants | 2022-01-01 | 783 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1 |
| Total participants | 2022-01-01 | 784 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 80 |
| Measure | Date | Value |
|---|
| 2023 : AMERICAN WATER HEATER COMPANY PENSION PLAN FOR THE JOHNSON CITY, TENNESSEE MANUFACTURING BARGAINING UNIT 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $710,213 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $710,213 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $28,435 |
| Total income from all sources (including contributions) | 2023-12-31 | $995,486 |
| Total loss/gain on sale of assets | 2023-12-31 | $-289,782 |
| Total of all expenses incurred | 2023-12-31 | $492,074 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $184,241 |
| Value of total assets at end of year | 2023-12-31 | $20,276,798 |
| Value of total assets at beginning of year | 2023-12-31 | $19,801,821 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $307,833 |
| Total interest from all sources | 2023-12-31 | $308,135 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $149,306 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $68,662 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $88,885 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $73,481 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $28,435 |
| Administrative expenses (other) incurred | 2023-12-31 | $148,899 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $503,412 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $20,276,798 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $19,773,386 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2023-12-31 | $2,348,982 |
| Assets. partnership/joint venture interests at beginning of year | 2023-12-31 | $2,207,536 |
| Investment advisory and management fees | 2023-12-31 | $82,337 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $988,967 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $852,164 |
| Income. Interest from US Government securities | 2023-12-31 | $28,050 |
| Income. Interest from corporate debt instruments | 2023-12-31 | $280,085 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $231,681 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $1,683,548 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $1,683,548 |
| Asset value of US Government securities at end of year | 2023-12-31 | $6,728,261 |
| Asset value of US Government securities at beginning of year | 2023-12-31 | $8,610,733 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $117,614 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Income. Dividends from common stock | 2023-12-31 | $80,644 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $184,241 |
| Asset. Corporate debt instrument preferred debt at end of year | 2023-12-31 | $7,390,864 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2023-12-31 | $2,717,883 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-12-31 | $2,499,158 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $3,656,476 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Aggregate proceeds on sale of assets | 2023-12-31 | $12,113,958 |
| Aggregate carrying amount (costs) on sale of assets | 2023-12-31 | $12,403,740 |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | REILLY, PENNER & BENTON LLP |
| Accountancy firm EIN | 2023-12-31 | 390747409 |
| 2022 : AMERICAN WATER HEATER COMPANY PENSION PLAN FOR THE JOHNSON CITY, TENNESSEE MANUFACTURING BARGAINING UNIT 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-3,917,508 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-3,917,508 |
| Total transfer of assets to this plan | 2022-12-31 | $428,152 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $28,435 |
| Total income from all sources (including contributions) | 2022-12-31 | $-3,071,931 |
| Total loss/gain on sale of assets | 2022-12-31 | $-566,673 |
| Total of all expenses incurred | 2022-12-31 | $181,231 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $59,138 |
| Value of total assets at end of year | 2022-12-31 | $19,801,821 |
| Value of total assets at beginning of year | 2022-12-31 | $22,598,396 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $122,093 |
| Total interest from all sources | 2022-12-31 | $13,109 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $285,606 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $197,164 |
| Administrative expenses professional fees incurred | 2022-12-31 | $28,435 |
| Was this plan covered by a fidelity bond | 2022-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $73,481 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $4 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $28,435 |
| Other income not declared elsewhere | 2022-12-31 | $850,550 |
| Administrative expenses (other) incurred | 2022-12-31 | $67,408 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-3,253,162 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $19,773,386 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $22,598,396 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2022-12-31 | $2,207,536 |
| Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $5,134,748 |
| Investment advisory and management fees | 2022-12-31 | $26,250 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $852,164 |
| Income. Interest from US Government securities | 2022-12-31 | $8,496 |
| Income. Interest from corporate debt instruments | 2022-12-31 | $4,613 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,683,548 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $13,720,731 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $13,720,731 |
| Asset value of US Government securities at end of year | 2022-12-31 | $8,610,733 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $262,985 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Income. Dividends from common stock | 2022-12-31 | $88,442 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $59,138 |
| Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $2,717,883 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $3,656,476 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $3,742,913 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $3,294,977 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $3,861,650 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | REILLY, PENNER & BENTON LLP |
| Accountancy firm EIN | 2022-12-31 | 390747409 |
